1 month on rocket

151 W Ridgewood Ave, Red Bank, TN, 37415

$600,000

Home List Price

$7,125*

Closing Credit

0 Baths
1,682 SqFt
$357/SqFt
Multi

Location

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151 W Ridgewood Ave, Red Bank$600,000

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, Garage
Attached Garage2 spaces
Year Built1960
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
BasementYes
MLS #1502703
Lot Size0.47 Acres
StatusActive

About 151 W Ridgewood Ave

Great investment opportunity. Property has 2 dwellings. 1 single family and 1 duplex. All units have long term tenants (approx 10+ years) and are rented below market. Fair market rents for all are approx $5000 monthly. Currently getting $2300. No showings until contract negotiated. House is 4 bed 1.5 baths with garage. Duplex units are 2 bed 1 bath with garages.

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Living Area: 1,682 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Realty Center
  • Office Phone: (423) 756-9999

Interior Features

Interior Information:

  • Appliances: Refrigerator, Electric Range
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood

Exterior Features

Exterior Information:

  • Exterior: Porch/Covered, Porch Front

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.47 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: Dayton Blvd N. L W Ridgewood, property on R

Price Information

Listing Price Info

Price Summary:

  • List Price: $600,000
  • Price Per SqFt: $357/SqFt
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Housing Market Comparison

See how this home compares to others in Red Bank, TN.

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Red Bank, TN

City

Med. Sold Price

$330K

Med. Price/SqFt

$223

Avg. Days On Market

19

# of Sold Homes

23

151 W Ridgewood Ave vs Red Bank

47 DAYS ON ROCKET

+28 Days

$600,000

+$270K More

$357/SqFt

+$133 More

KEY TAKEAWAY

This property is $270K more than the Median Sold Price and $133/SqFt more than other homes in Red Bank, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1502703

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Realty Center
  • Office Phone: (423) 756-9999

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: 12/22/2024, 10:21:08 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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-944044
4
/10

  • Red Bank Elementary School

  • 1100 Mountain Creek Rd

  • 1.36 miles

  • Public District Grades PK-5

school-card-donut-944045
5
/10

  • Rivermont Elementary School

  • 3330 Hixson Pike

  • 2.25 miles

  • Public District Grades PK-5

school-card-donut-944046
5
/10

  • Chattanooga School for The Arts and Science Lower School

  • 865 E 3rd St

  • 3.09 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,827. The most common annual income of people living in Red Bank, TN is less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Hamilton County›Red Bank›37415›151 W Ridgewood Ave

This home is located at 151 W Ridgewood Ave in Red Bank, TN and zip code 37415. This 1,682 square foot home, which was built in 1960, sits on a 0.47 acre lot. It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $600,000.

In November 2024, from all listings sold in Red Bank, TN there were more than 2 sold above asking price, over 10 sold below and more than 11 were sold right at the asked price. The number of listings in Red Bank, TN increased by 7.4% between October 2024 and November 2024. In November 2024, listings were on the market for 19 days. During the same period, the median list price in this real estate market was $330,000.

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

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