new - 4 days on rocket

513 Melrose St, Lebanon, TN, 37087

$189,000

0.34 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #2769300
Lot Size0.34 Acres
StatusActive

About 513 Melrose St

Check out this residential lot ideal for building your dream home or multiple townhomes for resell. It's located in a prime location in Lebanon, TN. Located within walking distance to Walmart and other stores and restaurants. May have potential to be rezoned for commercial. All utilities available. You won't find a flat piece of land in a prime location for this price anywhere!

Property Details

Property Features

Listing Office:

  • Office Name: Reliant Realty ERA Powered
  • Office Phone: (615) 609-1494
  • Listing Agent: Fahimeh Nazi

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.34 Acres

Other

Directions Information:

  • Directions: In Lebanon, take Highway 231onto South Cumberland Street, past Panda Express turn right onto East Adams Ave just past Murphy Express turn left on to Melrose Street. Property past new townhomes on right side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $189,000

Tax Information:

  • Annual Amount: $110
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$415.8K

Med. Price/SqFt

$211

Avg. Days On Market

21

# of Sold Homes

109

513 Melrose St vs Lebanon

4 DAYS ON ROCKET

-17 Days

$189,000

-$226.8K Less

KEY TAKEAWAY

This property is $226.8K less than the Median Sold Price in Lebanon, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2769300

Listing Office:

  • Office Name: Reliant Realty ERA Powered
  • Office Phone: (615) 609-1494
  • Listing Agent: Fahimeh Nazi

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: 12/17/2024, 11:48:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$110$8,750
2019$110$2,925
2018$103$2,925
2017$103$2,925

History based on county public records data.

Payment Calculator

$1,011

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$633

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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.

Nearby Schools

school-card-donut-4271989
5
/10
  • Coles Ferry Elementary School

  • 511 Coles Ferry Pike

  • 1.64 miles

  • Public District Grades PK-5

school-card-donut-4271990
4
/10
  • Byars Dowdy Elementary School

  • 904 Hickory Ridge Rd

  • 1.64 miles

  • Public District Grades PK-5

school-card-donut-4271991
6
/10
  • Sam Houston Elementary School

  • 207 Oakdale Dr

  • 2.06 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,583. Most Lebanon, TN residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma 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.

Types of housing 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.

What is it like to live in Lebanon, TN?

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.

Is it easy to get around Lebanon, TN without a car?

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.

Transportation in Lebanon, TN.

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 513 Melrose St

What is the listing price of this property?

The listing price of 513 Melrose St property is $189,000.

What type of property is this?

The property 513 Melrose St is land located in Lebanon, Tennessee, 37087.

Is this property for sale now?

Active Listing: 513 Melrose St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $110 (source: MLS/based on county public records data).

How much acreage is this property?

The property 513 Melrose St is 0.34 acres.
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Rocket HomesTennesseeWilson CountyLebanon37087513 Melrose St

This home is located at 513 Melrose St in Lebanon, TN and zip code 37087. This home sits on a 0.34 acre lot. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $189,000.

In November 2024, from all listings sold in Lebanon, TN there were more than 17 sold above asking price, over 55 sold below and more than 34 were sold right at the asked price. The inventory of homes for sale in Lebanon, TN between October 2024 and November 2024 increased by 6.4%. The median list price of listings available in November 2024 was $415,842, while the average time on the real estate market was 21 days.

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

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