Tucked away in the desirable Hopewell area of Cleveland, this 3-bedroom, 3-bath home offers plenty of space and endless potential for the right buyer. Featuring a large finished basement perfect for a recreation room, home office, additional living space, or multi-generational setup, this property is ideal for an investor or someone ready to add their own personal touches and build sweat equity.
Enjoy the peaceful setting while still being conveniently located near shopping, dining, and everyday conveniences including Bradley Square Mall, Cleveland Towne Center, and the popular Paul Huff Parkway corridor. Outdoor lovers will appreciate easy access to adventures like hiking and exploring at Red Clay State Historic Park, biking and walking trails around Stuart Park, and whitewater rafting with Outdoor Adventure Rafting and Ocoee Outdoors near the scenic Ocoee River. The nearby Cherokee National Forest also offers endless opportunities for camping, hiking, and outdoor recreation.
Conveniently positioned between larger cities, this home provides easy access to Chattanooga, Knoxville, and North Georgia, making commuting and weekend getaways simple. Whether you're looking for your next investment property, a renovation project, or a home with room to grow, this Cleveland property is packed with opportunity.
Sold for $312,500
Zestimate®
$312,500
4240 Hopewell Dr NW, Cleveland, TN 37312
3beds
2,800sqft
Single Family Residence
Built in 1969
1 Acres Lot
$312,500 Zestimate®
$112/sqft
$2,617 Estimated rent
Home value
$312,500
$297,000 - $328,000
$2,617/mo
Zestimate® history
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$1,826/mo
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$1,826/mo
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List your homeWhat's special
Home officeLarge finished basementAdditional living spaceRecreation roomPeaceful setting
Zillow last checked:
Listing updated:
Listed by:
Kurt Olson 423-521-1940,
Keller Williams Realty
Bought with:
Yuliya Murnik, 363690
Award Realty
Source: Greater Chattanooga Realtors,MLS#: 1534822
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 6
- Full bathrooms: 3
- 1/2 bathrooms: 3
Cooling
- Central Air
Appliances
- Included: Built-In Electric Oven, Built-In Range, Refrigerator
Features
- Flooring: Carpet, Linoleum, Tile, Wood
- Basement: Finished
- Has fireplace: Yes
Interior area
- Total structure area: 2,800
- Total interior livable area: 2,800 sqft
- Finished area above ground: 1,792
Property
Parking
- Total spaces: 2
- Parking features: Asphalt
- Attached garage spaces: 2
Features
- Patio & porch: Patio
- Exterior features: Storage
Lot
- Size: 1 Acres
- Dimensions: 418 x 331 x 408 x 309
Details
- Parcel number: 026 031.03
- Special conditions: Investor
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $112/sqft
- Tax assessed value: $392,600
- Annual tax amount: $1,188
- Date on market: 5/15/2026
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Sold | $312,500+4.2%$112/sqft |
Source: Greater Chattanooga Realtors #1534822 Report a problem | ||
| 5/18/2026 | Contingent | $300,000$107/sqft |
Source: Greater Chattanooga Realtors #1534822 Report a problem | ||
| 5/15/2026 | Listed for sale | $300,000+17.6%$107/sqft |
Source: Greater Chattanooga Realtors #1534822 Report a problem | ||
| 4/28/2026 | Sold | $255,000$91/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $98,150 +50.7% |
| 2024 | $1,159 | $65,150 |
| 2023 | $1,159 | $65,150 |
| 2022 | $1,159 | $65,150 |
| 2021 | $1,159 +10.7% | $65,150 +38.3% |
| 2019 | $1,047 +5.1% | $47,100 |
| 2018 | $996 -0.1% | -- |
| 2017 | $997 +4.5% | -- |
| 2016 | $954 | -- |
| 2015 | $954 +0.8% | -- |
| 2014 | $946 | -- |
| 2013 | -- | -- |
| 2011 | $932 | $42,375 |
| 2009 | $932 | $42,375 |
| 2008 | -- | $42,375 +12.8% |
| 2007 | $932 | $37,575 |
| 2006 | $932 | $37,575 |
| 2005 | $932 +5% | $37,575 +13.9% |
| 2004 | $888 | $33,000 |
| 2003 | $888 | $33,000 +16.4% |
| 2001 | -- | $28,359 -75% |
| 2000 | -- | $113,436 |
Find assessor info on the county website
Neighborhood: Hopewell
Nearby homes
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Nearby schools
GreatSchools rating
- 7/10Hopewell ElementaryGrades: PK-5Distance: 0.6 mi
- 6/10Ocoee Middle SchoolGrades: 6-8Distance: 4.8 mi
- 7/10Walker Valley High SchoolGrades: 9-12Distance: 6.8 mi
Schools provided by the listing agent
- Elementary: Hopewell Elementary
- Middle: Ocoee Middle
- High: Ocoee Middle/High
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$312,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$312,500
- Tennessee
- Bradley County
- Cleveland
- 37312
- Hopewell
- 4240 Hopewell Dr NW
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