442 Hedgewood Drive

Chattanooga, TN 37405

$100,000
Price
3
Beds
2
Baths
1,635 Sq. Ft.
$61 / Sq. Ft.
1,635
Sq. Ft.
$61
per Sq. Ft.

Description

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:
...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. 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. • 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. • 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. 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.
  1. Listed by Michael Schmitt • Berkshire Hathaway HomeServices Realty Center

Location

Listing Courtesy of Berkshire Hathaway HomeServices Realty Center, Michael Schmitt (423.544.2011)
Add your commute
LISTING UPDATED: 04/29/2024 04:09 PM

Property Details for 442 Hedgewood Drive

StatusContingent
MLS #1390771
Days on Market5
Taxes$1,615 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Residential
Year Built1930
Lot Size0.16 AC / 6,969 SF
CountyHamilton County

Location

Listing Courtesy of Berkshire Hathaway HomeServices Realty Center, Michael Schmitt (423.544.2011)
Add your commute

Building Information for 442 Hedgewood Drive

Stories-Year Built1930Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$680 per month

30 year fixed, 7.25% Interest

Principal and Interest

$546

Property Taxes

$135

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 442 Hedgewood Drive

Summary
Location and General Information
  • City: Chattanooga
  • County Or Parish: Hamilton
  • Directions: West on 24 north on 27 right on dayton blvd left on Hedgewood Dr
  • Latitude: 35.092932
  • Longitude: -85.317519
  • Postal Code: 37405
  • State Or Province: TN
  • Subdivision Name: None
Taxes and HOA
  • Tax Book Number: 13133
  • Tax Legal Description: Lot Pt 1 W S Motley Pb 8 Pg 50
  • Additional Parcels: No
  • Association Fee Frequency: Not Applicable
  • Parcel Number: 126c B 011
  • Association Fee: $0
  • Association: No
  • Tax Annual Amount: $1,615
  • Location Tax Legal Info : Deed Page: 608
  • Property Details : HOA Fee2: 0
School Information
  • Middle Or Junior School: Red Bank Middle
  • High School: Red Bank High School
  • Elementary School: Red Bank Elementary
Property
Lot Information
  • Lot Size Dimensions: 147.6X98
  • Lot Size Acres: 0.16
  • Living Area Source: Tax Records
  • Lot Size Square Feet: 6969.6
  • Building Area Total: 1635.0
  • Property Details : SqFt - Source2: Tax Records
Property and Assessments
  • Location Tax Legal Info : Multi-Use: No
  • Property Details : 55 Community: No
  • Property Type Label: Single Family
  • New Construction: No
  • Documents Available: Confirmation of Agency, Property Cond Exemption Notification, Lead Based Paint Disclosure
  • Home Warranty: No
  • Floor Plans Count: 0
  • Year Built: 1930
  • Property Type: Single Family
  • Property Sub Type: Residential
Utilities
  • WaterSewer : Public Water: Yes
  • Water Source: Public
  • Utilities: Telephone Lines/Above Ground
Interior and Exterior Features
Exterior Features
  • Parking Features: None
  • Exterior Features: None
  • Roof: Shingle
  • Roofing : Shingle: Yes
Interior Features
  • Fireplace: No
  • Bedrooms Total: 3
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Appliances: None
  • Property Details : # Fireplace: 0.0
  • Rooms Total: 0
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Notational: 2.0
  • Fireplaces Total: 0
  • Heating: No
  • Foundation Details: Stone
  • Basement: None
  • Heating: None
  • Levels: One
  • Interior Features: Shared Bath
  • Description : 1 Level: Yes
  • Foundation : Stone/Masonry: Yes
  • Cooling : None: Yes
  • Bed/Bath : Shared Bath: Yes
  • Dining : Combined w/Living: Yes
Mobile Home
Mobile & Manufactured Home
  • Office/Member Info : Builders Warranty: No

Property History for 442 Hedgewood Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 442 Hedgewood Drive

Taxable ValueLand-Additions-Total-
Tax Record2023$1,421 ($118 / month)
Home Facts
Beds0Total Finished SqFt1,635 SqFtAbove Grade Finished SqFt1,635 SqFtStories1Lot Size13,304 SqFtStyleSingle Family ResidenceYear Built1930ZoningR1CountyHAMILTONAPN126C B 011

Schools near 442 Hedgewood Drive

This home is within Hamilton County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Red Bank Elementary School
PublicPK to 5

Red Bank Middle School
Public6 to 8

Red Bank High School
Public9 to 12

Chatt High Center For Creative Arts
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Realty Center, Michael Schmitt (423.544.2011)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 04/29/2024 04:09 PM