10 months on rocket

1505/1507 NW Rustic Dr, Cleveland, TN, 37312

$234,900

Home List Price

$2,789*

Closing Credit

0 Baths
1,590 SqFt
$148/SqFt
Multi

Location

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1505/1507 NW Rustic Dr, Cleveland$234,900

Buyer Closing Credits

$2,789*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingKitchen Level
Year Built1984
HeatingCentral
CoolingCentral Air
MLS #1385908
Lot Size0.21 Acres
StatusActive

About 1505/1507 NW Rustic Dr

Great Investment opportunity! Great NE city location. Duplex with 2 bedrooms & 1 1/2 baths, kitchen, living room, washer/dryer hookups. Live in one side & rent the other or build your own 401K. Tenants pay electric, water, & sewer. Get out of the Stock Market & create wealth today.

Property Details

Property Features

Property Information:

  • Year Built: 1984
  • Stories: 2
  • Living Area: 1,590 SqFt

Listing Office:

  • Office Name: Crye-Leike, REALTORS
  • Office Phone: (423) 473-9545

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Kitchen Level

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: North I 75 to Exit 27, turn left on Paul Huff Parkway, turn right on Frontage Road, turn left on Rustic Drive, duplex on left, Address on building, No Sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $234,900
  • Price Per SqFt: $148/SqFt
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Housing Market Comparison

See how this home compares to others in Cleveland, TN.

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Cleveland, TN

City

Med. Sold Price

$319.8K

Med. Price/SqFt

$182

Avg. Days On Market

50

# of Sold Homes

96

1505/1507 NW Rustic Dr vs Cleveland

326 DAYS ON ROCKET

+276 Days

$234,900

-$84.9K Less

$148/SqFt

-$34 Less

KEY TAKEAWAY

This property is $84.9K less than the Median Sold Price and $34/SqFt less than other homes in Cleveland, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1385908

Listing Office:

  • Office Name: Crye-Leike, REALTORS
  • Office Phone: (423) 473-9545

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:51:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,240

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$771

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-867451
4
/10

  • E. L. Ross Elementary School

  • 4340 Mouse Creek Rd NW

  • 0.97 miles

  • Public District Grades 3-5

school-card-donut-867452
7
/10

  • North Lee Elementary School

  • 205 Sequoia Rd NW

  • 1.50 miles

  • Public District Grades KG-5

school-card-donut-867453
7
/10

  • Hopewell Elementary School

  • 5350 Freewill Rd NW

  • 1.54 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,551. Typical income of Cleveland, TN residents is between $35k-100k annually. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Cleveland, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Cleveland, TN?

Cleveland's housing market offers a diverse array of options, with single-family homes being a significant presence. A mix of architectural styles is evident, ranging from traditional to contemporary, reflecting the city's growth over various periods. While the majority of homes are owner-occupied, a substantial portion of the population opts for rental properties, including apartments and townhouses.

Is Cleveland, TN a good place to live?

Cleveland is celebrated for its vibrant community spirit and rich historical backdrop. The city prides itself on a calendar filled with local events and festivals that showcase its cultural heritage and foster a sense of togetherness among residents. The community's character is further defined by its scenic parks and commitment to preserving its unique Southern charm.

Are things conveniently located in Cleveland, TN?

The community is served by a robust educational system, with multiple public and private schools catering to a range of educational needs. Healthcare services are comprehensive, with facilities offering a spectrum of care including urgent and primary care. The public library system supports lifelong learning, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and hospitality.

What does the transportation in Cleveland, TN look like?

Cleveland's transport infrastructure supports both private and public transit options, with a focus on improving connectivity and reducing commute times. The city's layout promotes walkability in several districts, and there are initiatives to enhance bikeability. Major roads and highways facilitate travel to and from the city, and public transportation is available to assist residents in their daily commutes.

Rocket Homes›Tennessee›Bradley County›Cleveland›37312›1505/1507 NW Rustic Dr

This home is located at 1505/1507 NW Rustic Dr in Cleveland, TN and zip code 37312. This 1,590 square foot home, which was built in 1984, sits on a 0.21 acre lot. It has been listed on Rocket Homes since January 30, 2024 and is currently priced at $234,900.

Over 21 listings were sold over their listed price in November 2024 in Cleveland, TN. In the same period over 61 listings were sold below the listed price and 14 listings were sold for the listed price. The number of homes for sale in Cleveland, TN decreased by 11.6% between October 2024 and November 2024. In November 2024 median list price was $319,886 and the average listing age was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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