new - 6 days on rocket

524 Rock Creek Rd, Erwin, TN, 37650

$259,900

Home List Price

$3,086*

Closing Credit

0 Baths
Multi

Location

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524 Rock Creek Rd, Erwin$259,900

Buyer Closing Credits

$3,086*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1959
HeatingCentral, Heat Pump
CoolingCentral Air, Heat Pump
ViewMountain(s)
MLS #9973446
Lot Size1.50 Acres
StatusActive

About 524 Rock Creek Rd

Looking for a low maintenance investment property? Add this duplex with room to grow to your portfolio! Large 2 bedroom 1 bathroom units with great kitchen space make these stay full! New roof(1 year old) and room to build several more on the property Rents are soft as seller self manages and has another business. This will cash flow around a 9 cap proforma before you add more units Buyer/Buyer's agent to verify

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1959

Listing Office:

  • Office Name: Property Advisors
  • Office Phone: (423) 787-0040
  • Listing Agent: Laura Meade

Exterior Features

Exterior Information:

  • View: Mountain(s)

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 1.50 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump
  • Cooling: Central Air, Heat Pump

Other

Directions Information:

  • Directions: Exit 37 to Main Street to Rock Creek

Price Information

Listing Price Info

Price Summary:

  • List Price: $259,900

Tax Information:

  • Annual Amount: $1,809
  • Tax Year: 2020
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Housing Market Comparison

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

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Erwin, TN

City

Med. Sold Price

$223.6K

Med. Price/SqFt

$160

Avg. Days On Market

55

# of Sold Homes

9

524 Rock Creek Rd vs Erwin

6 DAYS ON ROCKET

-49 Days

$259,900

+$36.2K More

KEY TAKEAWAY

This property is $36.2K more than the Median Sold Price in Erwin, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Tennessee/Virginia Regional MLS
  • MLS Number: #9973446

Listing Office:

  • Office Name: Property Advisors
  • Office Phone: (423) 787-0040
  • Listing Agent: Laura Meade

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. 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. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2024 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 06, 2015Home Sold
$85,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,809$43,640
2019$1,809$43,640
2018$1,802$43,640
2017$1,809$43,640

History based on county public records data.

Payment Calculator

$1,365

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$846

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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-216565
5
/10

  • Rock Creek Elementary School

  • 1121 E Erwin Rd

  • 0.59 miles

  • Public District Grades KG-5

school-card-donut-216566
5
/10

  • Love Chapel Elementary School

  • 600 S Mohawk Dr

  • 1.56 miles

  • Public District Grades KG-5

school-card-donut-216567
5
/10

  • Unicoi Elementary School

  • 404 Massachusetts Ave

  • 3.65 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 $35,375. Most Erwin, TN residents have annual incomes less than $35k. The majority of families are 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›Unicoi County›Erwin›37650›524 Rock Creek Rd

This home is located at 524 Rock Creek Rd in Erwin, TN and zip code 37650. This home, which was built in 1959, sits on a 1.50 acre lot. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $259,900.

Erwin, TN housing market in October 2024 saw over 2 listings sold above listed price, more than 2 sold at listed price and over 5 sold below. The inventory of homes for sale in Erwin, TN between September 2024 and October 2024 increased by 6.4%. While the average time on the market in October 2024 was 55 days, the median list price was $223,625.

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

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