NOT LISTED FOR SALE

513 Hedgewood Dr Chattanooga, TN 37405

Estimated Value: $502,000 - $546,679

5 Beds
3 Baths
2,500 Sq Ft
$209/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $385,000 $154 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,015/month

149 Days on Market

Highlights

  • 0.42 Acre Lot
  • No HOA
  • Walk-In Closet
  • Deck
  • Porch
  • Cooling Available

About This Home

As of November 2021

Home can be complete in 45 days New Construction in Red Bank, This home is two homes in one. A bedroom on the main level with a full bathroom upstairs 3 bedrooms including a primary with an en-suite. The basement has a separate entrance and is a full apartment, perfect to rent out or use as rental. This home has hardwood floors, granite countertops, white shaker style cabinets, and lots of outdoor space.

Last Agent to Sell the Property

Brandi Thompson

Greater Downtown Realty dba Keller Williams Realty Brokerage Phone: 4234018388 License #296276 Listed on: 05/16/2021

Greater Downtown Realty dba Keller Williams Realty

Last Buyer's Agent

Jay Robinson

Greater Downtown Realty dba Keller Williams Realty License #255994

Greater Downtown Realty dba Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $213

Year Built

  • Built in 2021

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 164x112

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 3 Levels
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Red Bank Elementary School
  • Red Bank Middle School
  • Red Bank High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • Hendricks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 117N B 021

Home Details

Home Type

Single Family

Est. Annual Taxes

$213

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2021
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: NEW
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Attribution Contact: 4234018388
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Interior Amenities: Open Floorplan, Walk-In Closet(s)
  • Fireplace: No
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 2500
  • Building Area Units: Square Feet
  • Living Area: 2500
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Other
  • Patio And Porch Features: Deck, Patio, Porch
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.42
  • Lot Size: 164X112
  • Lot Size Units: Acres
  • Parcel #: 117N B 021
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 213

MLS Schools

  • Elementary School: Red Bank Elementary School
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2021
Closed on
Nov 8, 2021
Sold by
Wheatcroft Brad
Bought by
Wood Christopher and Wood Sahra Jasmine
Seller's Agent
Brandi Thompson
Greater Downtown Realty dba Keller Williams Realty
Buyer's Agent
Jay Robinson
Greater Downtown Realty dba Keller Williams Realty
List Price
$425,000
Sold Price
$385,000
Premium/Discount to List
-$40,000
-9.41%
Current Estimated Value
$523,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,154
Avg. Annual Appreciation
8.70%
Original Mortgage
$365,750
Outstanding Balance
$338,182
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$189,493

Purchase Details

Closed on
Apr 23, 2020
Sold by
Mcdonald John M
Bought by
Wheatcroft Brad

Purchase Details

Closed on
Aug 31, 2018
Sold by
Tennga Developmetnt Llc
Bought by
Mcdonald John M

Purchase Details

Closed on
Dec 22, 2008
Sold by
Stoner David L and Rambo Edwin S
Bought by
Tennga Development Llc

Purchase Details

Closed on
Oct 30, 1995
Bought by
Douglas Blackwell
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wood Christopher $385,000 None Available
Wheatcroft Brad $22,500 Abstract Title & Escrow
Mcdonald John M -- None Available
Tennga Development Llc $5,000 None Available
Douglas Blackwell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Christopher $365,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2021 11/08/21 Sold $385,000 -9.4% $154 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
05/16/2021 05/16/21 For Sale $425,000 -- $170 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

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
2024 $1,983 $88,625 $0 $0
2023 $3,533 $88,625 $0 $0
2022 $2,998 $88,625 $0 $0
2021 $1,715 $45,625 $0 $0
2020 $213 $5,125 $0 $0
2019 $213 $5,125 $0 $0
2018 $213 $5,125 $0 $0
2017 $202 $5,125 $0 $0
2016 $176 $0 $0 $0
2015 $176 $4,275 $0 $0
2014 $176 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2343355

Realtracs

APN: 117N-B-021