Seller's Agent in 2023
Todd Henon
Keller Williams Realty
(423) 413-4507
15 in this area
549 Total Sales
508 Hedgewood Dr Chattanooga, TN 37405
Estimated Value: $431,000 - $516,000
3
Beds
2.5
Baths
1,754
Sq Ft
$261/Sq Ft
Est. Value
Highlights
- New Construction
- Deck
- High Ceiling
- Open Floorplan
- Engineered Wood Flooring
- Great Room with Fireplace
About This Home
As of December 2023BRAND NEW home less than 10 minutes to Downtown Chattanooga! Move-in easily with the home's neutral color palette, included appliances, and neat as a pin. Open, bright living space is anchored by a stone, gas fireplace and stunning kitchen hosting stainless steel appliances, quartz and granite countertops, and large eat-in island. You'll be proud to hosts guests here! Spacious deck overlooks the easy-to-maintain backyard. Upstairs, light and airy primary bedroom includes an expansive bathroom with walk-in tiled shower, separate vanities, and incredible walk-in closet...so big, you could use part as a home office! Two additional bedrooms share a full bathroom with Hunter ceiling fans and carpet. Enjoy a 2-car garage, which can be rare to find in the Red Bank area. Location is the definition of CONVENIENT: 7 Minutes to Downtown Chattanooga, 7 minutes to popular Northshore including Coolidge Park, Whole Foods, and Frazier Avenue dining and shopping. 5 minutes to Baylor School, Wal-Mart, and grocery stores. Whether moving in or adding this home to your rental portfolio, 508 Hedgewood Drive is worth your consideration!
(Buyer to verify square footage. Buyer is responsible to do their due diligence to verify that all information is correct, accurate and for obtaining any and all restrictions for the property deemed important to Buyer.)
Last Agent to Sell the Property
Keller Williams Realty License #280357 Listed on: 08/10/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,086
Year Built
- Built in 2023 | New Construction
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 77.46x148.81
- Gentle Sloping Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Off-Street Parking
Home Design
- Block Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 1,754 Sq Ft Home
- 2-Story Property
- Open Floorplan
- High Ceiling
- Gas Log Fireplace
- Insulated Windows
- Great Room with Fireplace
- Game Room with Fireplace
- Basement
- Crawl Space
- Storage In Attic
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Free-Standing Electric Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Engineered Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Bathroom
- Walk-In Closet
- Double Vanity
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Deck
- Patio
Schools
- Red Bank Elementary School
- Red Bank Middle School
- Red Bank High School
Farming
- Bureau of Land Management Grazing Rights
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Electric Water Heater
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Built by Matthew Green Construction
Listing and Financial Details
- Assessor Parcel Number 126c B 013.02
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 10, 2023
Closed on
Dec 5, 2023
Sold by
Matthew Green Construction Llc
Bought by
Rudd George Ellis
Seller's Agent
Todd Henon
Keller Williams Realty
Buyer's Agent
Frank Trimble
Keller Williams Realty
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Views
110
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,672
Avg. Annual Appreciation
3.56%
Original Mortgage
$340,000
Outstanding Balance
$333,840
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$123,832
Purchase Details
Closed on
May 7, 2021
Sold by
Bodine Frank Lyne
Bought by
Matthew Green Construction Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Oct 23, 2015
Sold by
Burt Daniel
Bought by
Bodine Frank Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
3.89%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rudd George Ellis | $425,000 | Bridge City Title | |
| Rudd George Ellis | $425,000 | Bridge City Title | |
| Matthew Green Construction Llc | -- | Cumberland Ttl & Guaranty Co | |
| Bodine Frank Lynn | $27,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rudd George Ellis | $340,000 | |
| Closed | Rudd George Ellis | $340,000 | |
| Previous Owner | Matthew Green Construction Llc | $205,000 | |
| Previous Owner | Bodine Frank Lynn | $22,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2023 12/05/23 | Sold | $425,000 | 0.0% | $242 / Sq Ft |
| 11/12/2023 11/12/23 | Off Market | $425,000 | -- | -- |
| 10/05/2023 10/05/23 | Price Changed | $425,000 | -1.8% | $242 / Sq Ft |
| 09/11/2023 09/11/23 | Price Changed | $433,000 | -3.8% | $247 / Sq Ft |
| 08/10/2023 08/10/23 | For Sale | $450,000 | -- | $257 / Sq Ft |
Source: Greater Chattanooga REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,699 | $112,075 | $0 | $0 |
| 2024 | $1,785 | $79,775 | $0 | $0 |
| 2023 | $3,117 | $79,775 | $0 | $0 |
| 2022 | $1,894 | $56,750 | $0 | $0 |
| 2021 | $179 | $8,000 | $0 | $0 |
| 2020 | $158 | $5,725 | $0 | $0 |
| 2019 | $158 | $5,725 | $0 | $0 |
| 2018 | $158 | $5,725 | $0 | $0 |
| 2017 | $158 | $5,725 | $0 | $0 |
| 2016 | $99 | $0 | $0 | $0 |
| 2015 | -- | $3,575 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Todd Henon
-
Frank Trimble
F
Buyer's Agent in 2023
Frank Trimble
Keller Williams Realty
(423) 567-5454
37 in this area
570 Total Sales
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1377976
APN: 126C-B-013.02
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