11 days on rocket

316 Hobbs Ave, Lebanon, TN, 37087

$239,900

Home List Price

$2,849*

Closing Credit

2 Bedrooms
1 Full Bath
832 SqFt
$288/SqFt
House

Location

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316 Hobbs Ave, Lebanon$239,900

Buyer Closing Credits

$2,849*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1943
HeatingCentral
CoolingCentral Air
MLS #2701952
Lot Size0.41 Acres
StatusActive

About 316 Hobbs Ave

Investors!!! Potential here for up to 6 units. Located in a prime location- close to Cumberland University, Historic Town Square, shopping, restaurants and more. This large, deep lot is roughly 18,000 sq ft. Home has all the city utilities in place. Single family home has been lived in as a rental ($850/mo) up until this month. Sellers are also selling the duplex next door - 314 Hobbs Ave.

Property Details

Property Features

Property Information:

  • Year Built: 1943
  • Living Area: 832 SqFt

Listing Office:

  • Office Name: The Hubner Group, LLC
  • Listing Agent: Chase Carter

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.41 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Winfree Bryant Middle School, Public District Grades 6-8
  • Byars Dowdy Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: I-40 to Lebanon, Exit Hwy 231 and Go North, Turn Left on Leeville Pike, Turn Left on South Maple, Turn Right on Hobbs Blue house on Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $239,900
  • Price Per SqFt: $288/SqFt

Tax Information:

  • Annual Amount: $347
  • Tax Year: 2020
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Housing Market Comparison

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

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Lebanon, TN

City

Med. Sold Price

$419.9K

Med. Price/SqFt

$213

Avg. Days On Market

23

# of Sold Homes

111

316 Hobbs Ave vs Lebanon

11 DAYS ON ROCKET

-12 Days

$239,900

-$180K Less

$288/SqFt

+$75 More

KEY TAKEAWAY

This property is $180K less than the Median Sold Price and $75/SqFt more than other homes in Lebanon, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2701952

Listing Office:

  • Office Name: The Hubner Group, LLC
  • Listing Agent: Chase Carter

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/20/2024, 10:18:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 22, 2013Home Sold
$91,000

Tax History

YEARPROP. TAXASSESSMENT
2020$347$24,300
2019$449$11,950
2018$420$11,950
2017$420$11,950

History based on county public records data.

Payment Calculator

$1,265

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$786

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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.

Elementary School

school-card-donut-165885
4
/10

  • Byars Dowdy Elementary School

  • 904 Hickory Ridge Rd

  • 1.25 miles

  • Public District Grades PK-5

Middle School

school-card-donut-165886
5
/10

  • Winfree Bryant Middle School

  • 1213 Leeville Pike

  • 1.27 miles

  • Public District Grades 6-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,475. Typical income of Lebanon, TN residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Lebanon, 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 Lebanon, TN?

The housing landscape in Lebanon, Tennessee, is characterized by a mix of single-family homes, apartments, and townhouses, with single-family homes being the most prevalent. The architectural styles in the area reflect a blend of traditional and contemporary designs, with a noticeable presence of brick and stone facades. The market is diverse, offering options for various preferences and budgets.

Is Lebanon, TN a good place to live?

Lebanon prides itself on a warm, community-oriented atmosphere, with a rich history that is celebrated through local events and festivals. The city's character is further defined by its scenic parks and historic sites, which contribute to the area's charm and appeal to residents and visitors alike.

Are things conveniently located in Lebanon, TN?

Lebanon provides a range of essential services to its residents, including a solid educational system with multiple public and private schools catering to different educational needs. The city is served by healthcare facilities that offer a variety of services, from primary care to specialized treatments. Retail and dining options are abundant, reflecting the local culture and providing residents with a taste of Lebanon's hospitality.

What does the transportation in Lebanon, TN look like?

Transportation in Lebanon includes a combination of private and public transit options, with a focus on convenience and accessibility. The city's layout and infrastructure support a range of commuting preferences, from driving to cycling, with certain areas being particularly pedestrian-friendly. The road network facilitates easy travel to and from the city, with ongoing improvements aimed at enhancing the efficiency of local transport.

Frequently Asked Questions About 316 Hobbs Ave

What is the listing price of this property?

The listing price of 316 Hobbs Ave property is $239,900.

What type of property is this?

The property 316 Hobbs Ave is a house located in Lebanon, Tennessee, 37087.

Is this property for sale now?

Active Listing: 316 Hobbs Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 316 Hobbs Ave are:
Byars Dowdy Elementary School: GreatSchools Rating 4/10
Winfree Bryant Middle School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $347 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 22, 2013 for $91,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 316 Hobbs Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 316 Hobbs Ave is 832 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 316 Hobbs Ave is 1943.

Rocket Homes›Tennessee›Wilson County›Lebanon›37087›316 Hobbs Ave

This home is located at 316 Hobbs Ave in Lebanon, TN and zip code 37087. This 832 square foot home, which was built in 1943, sits on a 0.41 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $239,900.

While more than 13 listings in Lebanon, TN in August 2024 were sold above asking price, there were more than 48 listings sold at asking price, and more than 48 were sold below. The inventory of homes for sale in Lebanon, TN between July 2024 and August 2024 increased by 11.8%. While the average time on the market in August 2024 was 23 days, the median list price was $419,999.

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

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