10 days 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

$218

Avg. Days On Market

30

# of Sold Homes

17

151 W Ridgewood Ave vs Red Bank

10 DAYS ON ROCKET

-20 Days

$600,000

+$270K More

$357/SqFt

+$139 More

KEY TAKEAWAY

This property is $270K more than the Median Sold Price and $139/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: 11/14/2024, 5:20:56 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

$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-112775
4
/10

  • Red Bank Elementary School

  • 1100 Mountain Creek Rd

  • 1.36 miles

  • Public District Grades PK-5

school-card-donut-112776
5
/10

  • Rivermont Elementary School

  • 3330 Hixson Pike

  • 2.25 miles

  • Public District Grades PK-5

school-card-donut-112777
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. Typical income of Red Bank, TN residents is less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

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 October 2024 more than 2 listings in Red Bank, TN were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 13 were sold below. The number of homes for sale in Red Bank, TN decreased by 19.1% between September 2024 and October 2024. Listings spent 30 days on the market in October 2024, and had a median list price of $330,000 during the same period.

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

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