Check Availability
$359,900
↓ $10K (2.7%)
House - For Sale

516 Hedgewood Dr

Chattanooga, TN 37405
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1754 Sqft
$1,910
Estimated Monthly
$0
HOA / Fees
7.04%
Cap Rate

About This Property

Beautifully renovated and move in ready.  This four bedroom, three bath home sits on one level.    The interior has been completely repainted; new concrete driveway; new replacement windows; new exterior front door; new flooring throughout; new master bathroom shower/bathtub; new vanities and plumbing fixtures; new granite kitchen countertops; new tile backsplash; new interior doors; and new lighting throughout,  Oversized unfinished basement would be a perfect workshop.   Home warranty included.  Owner/Agent.  Lot has been subdivided.   .31 acres convey with this home.

The manager has listed the unit size as 1754 square feet.
Unit Size
1,754Ft²
Days on Market
144 days
Land Size
0.31 acres
Price per sqft
$205
Property Type
House
Property Taxes
$142
HOA Dues
-
Year Built
1942
Listed By
Last updated: 3 days ago (CARTN #1383828)

Price History

Date / Event Date Event Price
Apr 27, 2024 Price Decreased $359,900
↓ $10K (2.7%)
Price Decreased
Apr 8, 2024 Price Decreased $369,900
↓ $5K (1.3%)
Price Decreased
Mar 11, 2024 Price Decreased $374,900
↓ $10K (2.6%)
Price Decreased
Dec 7, 2023 Listed by Crye-Leike Realtors $384,900
Listed by Crye-Leike Realtors
May 31, 2023 No longer available -
No longer available
Show More

Property Highlights

Interior Details

Interior Information

Deck

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1983
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 2,550
  • Lot Size Frontage Feet: 1,599
  • Total Building Area: 1,476
  • Building Area: 1,476
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,476
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: W H FOUST FARM NO 2
  • Land Acres: 1
  • Legal Description 1: LT 2 HEDGEWOOD ANNEX SUB PB 128 PG 60

Ownership

  • Current Owner : SE FIRST HOLDING LLC
  • Previous Owner : MORGAN MICHELLE LYNN
  • Owner Before Previous Owner: RICHMAN BARBARA J
  • Owner Before Previous Owner 2: GLOVER DEBORAH R
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 010800

Zoning

  • Zoning: R1A

Geography

  • Account Number: 0000048789
  • District: 3R
  • Parcel: 126C B 014
  • Municipality: RED BANK
  • Latitude: 35.0951
  • Longitude: -85.3173

    Address

  • Full Address: 516 Hedgewood Dr
  • Address - House Number: 516
  • Address - Street Name: Hedgewood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Chattanooga
  • Carrier Code: C009
  • 4-Digit Zip Code: 4606
  • Zip Code: 37405

Valuation

    Tax

  • Total Area: 1,754
  • Tax Year: 2023
  • Tax Amount: $1,796

    Appraisal Valuation

  • Standard Deviation: 0.2665
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 62
  • Final Value: 296,357
  • High Value: 375,349
  • Low Value: 217,366

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $234,000
  • First Open Lien Mortgage Lender: DOMINION FINANCIAL SERVICES LL
  • First Open Lien Mortgage Recording Date: Dec 08, 2023
  • First Open Lien Mortgage Loan Amount: $234,000
  • First Open Lien Mortgage Term: 5
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Jun 04, 2024

    Market Valuation

  • Market Total Value: $176,700
  • Market Land Value: $40,000
  • Market Improvement Value: $136,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,175

    Sales

  • Current Sale Contract Date: May 30, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Transaction ID: 11907510517
  • Current Sale Price: $268,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 152
  • Previous Sale Recording Date: Jul 24, 2015
  • Previous Sale Contract Date: Jul 24, 2015
  • Previous Sale Amount: $12,000
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,550 ft²
$242/ft²
$375,000 Feb 15, 2024
-
$391/mo
Multifamily
Stu
-
1,961 ft²
$217/ft²
$424,900 Feb 7, 2024
-
$176/mo

About Red Bank


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Frequently Asked Questions

When was property at 516 Hedgewood Drive built and last sold?
The property at 516 Hedgewood Drive was built in 1942 and last sold on May 30, 2023 for $268,000.
How much is this home worth?
The estimated value of the home located at 516 Hedgewood Drive is $363,261.
What are some comparable homes to 516 Hedgewood Drive?
Homes that are comparable to 516 Hedgewood Drive include a house property at 229 Peace Street, a multifamily property at 2506 Woodfin Avenue, which are both great to check out.

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