Skip main navigation
Sold for $85,000
  • $85,000

    442 Hedgewood Dr, Chattanooga, TN 37405

    3beds
    1,635sqft
    Single Family Residence
    Built in 1930
    6,969 Square Feet Lot
    $298,000 Zestimate®
    $52/sqft
    $1,833 Estimated rent

    Home value

    $298,000

    $268,000 - $328,000

    $1,833/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,833/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,833/mo

    Rent Zestimate®

    Refinance and save

    $398/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $398/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Proximity to downtown chattanoogaMajor transportation routesMixed - use developmentsRed bank
    Investment Opportunity: 442 Hedgewood Drive, Chattanooga, TN Discover the potential at 442 Hedgewood Drive, nestled in the vibrant and growing area of Red Bank, Chattanooga, TN. This unique property is presented ''as is,'' offering an exceptional opportunity for real estate investors to capitalize on the thriving Chattanooga market. Whether you are looking to renovate the existing structure or envision a complete redevelopment, this property stands as a canvas ready for transformation. Key Features: • Prime location in Red Bank, a suburb recognized for its burgeoning real estate market and community-oriented atmosphere. • The property offers a versatile foundation for either a comprehensive renovation project or a complete rebuild, catering to the investor's strategy to optimize returns. • Proximity to downtown Chattanooga and major transportation routes, enhancing tenant appeal and property value. • Situated in a neighborhood with rising property values, suggesting a favorable trend for future investment growth. Investment Highlights: • Value-Add Opportunity: With the property being sold ''as is,'' investors have a blank slate to implement a value-add strategy. Whether through modernizing the existing structure or constructing a new development, the potential for significant appreciation and ROI is substantial. • Strategic Location: Red Bank's proximity to key attractions and the economic hub of Chattanooga positions this property as an attractive offering for both residential and possibly mixed-use developments, subject to zoning regulation This property represents a rare opportunity to shape Chattanooga's skyline and community. Whether you're aiming to create a residential haven or explore mixed-use possibilities, 442 Hedgewood Drive offers the foundation for a lucrative investment. Act now to leverage this chance to build your legacy in Chattanooga's promising real estate landscape.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Schmitt 423-544-2011,

    Horizon Sotheby's International Realty

    Bought with:

    Michael Schmitt, 333417

    Horizon Sotheby's International Realty

    Source: Greater Chattanooga Realtors,MLS#: 1390771

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • None
    Cooling
    • None
    Appliances
    • Included: None
    Features
    • Open Floorplan, Connected Shared Bathroom
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 1,635
    • Total interior livable area: 1,635 sqft

    Property

    Features
    • Levels: One
    • Exterior features: None
    Lot
    • Size: 6,969 Square Feet
    • Dimensions: 147.6 x 98
    Details
    • Parcel number: 126c B 011
    • Special conditions: Investor

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Other
    • Foundation: Brick/Mortar, Stone
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Water: Public
    • Utilities for property: Phone Available

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Chattanooga

    Financial & listing details

    • Price per square foot: $52/sqft
    • Tax assessed value: $70,000
    • Annual tax amount: $1,615
    • Date on market: 5/7/2024
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/22/2024Sold$85,000-15%$52/sqft
    Source: Greater Chattanooga Realtors #1390771 Report a problem
    5/8/2024Pending sale$100,000$61/sqft
    Source: Greater Chattanooga Realtors #1390771 Report a problem
    5/7/2024Listed for sale$100,000$61/sqft
    Source: Greater Chattanooga Realtors #1390771 Report a problem
    4/29/2024Contingent$100,000$61/sqft
    Source: Greater Chattanooga Realtors #1390771 Report a problem
    4/24/2024Listed for sale$100,000-31.5%$61/sqft
    Source: Greater Chattanooga Realtors #1390771 Report a problem
    9/29/2022Sold$146,000-2.7%$89/sqft
    Source: Greater Chattanooga Realtors #1356789 Report a problem
    6/12/2022Pending sale$150,000$92/sqft
    Source: Greater Chattanooga Realtors #1356789 Report a problem
    6/10/2022Listed for sale$150,000$92/sqft
    Source: Greater Chattanooga Realtors #1356789 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$699 -56.7%$17,500 -49.4%
    2024$1,613 $34,575
    2023$1,613 +16.4%$34,575
    2022$1,386 +79.2%$34,575
    2021$774 +6.6%$34,575 +31.7%
    2020$726 $26,250
    2019$726 $26,250
    2018$726 -43.4%$26,250
    2017$1,283 +14.5%$26,250
    2016$1,120 --
    2015$1,120 $22,550
    2014$1,120 -11.2%--
    2013$1,261 $22,550 -9.3%
    2012$1,261 $24,850
    2011$1,261 $24,850
    2010$1,261 +7.9%$24,850
    2009$1,169 $24,850 +11.2%
    2008-- $22,350
    2007-- $22,350
    2006-- $22,350
    2005-- $22,350 +21.3%
    2004-- $18,425
    2002-- $18,425
    2001-- $18,425 +23.5%
    2000-- $14,925
    Find assessor info on the county website

    Neighborhood: 37405

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Red Bank Elementary
    • Middle: Red Bank Middle
    • High: Red Bank High School

    Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    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
    $298,000
    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
    $298,000