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531 Walnut Hill Rd, Bristol, TN, 37620

$55,000

Home List Price

$653*

Closing Credit

2 Bedrooms
1 Full Bath
1,008 SqFt
$55/SqFt
House

Location

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531 Walnut Hill Rd, Bristol$55,000

Buyer Closing Credits

$653*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1949
HeatingNone
CoolingNone
MLS #9971798
Lot Size0.56 Acres
StatusActive

About 531 Walnut Hill Rd

2 bedroom, 1 bath Bungalow close to the Pinnacle fixer upper. Pleases caution on the front porch. All Buyers and Agents viewing this property will need to sign a Hold Harmless before entering the property. Buyer/Buyers Agent to verify all information herein. All information taken from tax records and 3rd party information.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1949
  • Living Area: 1,008 SqFt

Listing Office:

  • Office Name: The Addington Agency Bristol
  • Office Phone: (423) 845-5800
  • Listing Agent: Rachelle Johnson, Daniel Jackson

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 0.56 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: From 11 W Turn Left on to Island Road and then left on to Walnut Hill Road, house will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $55,000
  • Price Per SqFt: $55/SqFt

Tax Information:

  • Annual Amount: $262
  • Tax Year: 2020
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Housing Market Comparison

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

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Bristol, TN

City

Med. Sold Price

$240K

Med. Price/SqFt

$152

Avg. Days On Market

67

# of Sold Homes

41

531 Walnut Hill Rd vs Bristol

46 DAYS ON ROCKET

-21 Days

$55,000

-$185K Less

$55/SqFt

-$97 Less

KEY TAKEAWAY

This property is $185K less than the Median Sold Price and $97/SqFt less than other homes in Bristol, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Tennessee/Virginia Regional MLS
  • MLS Number: #9971798

Listing Office:

  • Office Name: The Addington Agency Bristol
  • Office Phone: (423) 845-5800
  • Listing Agent: Rachelle Johnson, Daniel Jackson

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: 11/17/2024, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$262$10,875
2019$260$10,200
2018$260$10,200
2017$221$10,200

History based on county public records data.

Payment Calculator

$342

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$231

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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-418866
6
/10

  • Stonewall Jackson Elementary School

  • 2045 Euclid Ave

  • 3.33 miles

  • Public District Grades PK-5

school-card-donut-418867
7
/10

  • Valley Institute Elementary School

  • 4350 Gate City Hwy

  • 3.49 miles

  • Public District Grades PK-5

school-card-donut-418868
6
/10

  • Avoca Elementary School

  • 2440 Volunteer Pkwy

  • 3.49 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 $44,020. The most common annual income of people living in Bristol, TN is less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Bristol, 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 Bristol, TN.

The housing landscape in Bristol, Tennessee, is characterized by a mix of architectural styles, with single-family homes being a significant part of the market. There is a presence of modern, traditional, and craftsman designs, reflecting the area's architectural diversity. The housing market also includes apartments and townhouses, accommodating a range of living preferences. A notable portion of the housing stock was developed from the 1980s to the early 2000s, marking a period of growth. The homeownership rate in Bristol is robust, with a substantial percentage of residents owning their homes, while the remainder are engaged in the rental market.

What is it like to live in Bristol, TN?

Bristol is celebrated for its vibrant community spirit and rich cultural heritage, which is especially evident during local events and festivals that draw residents together. The city prides itself on its historical significance and the role it plays in the music industry, often referred to as the birthplace of country music. The community's ambiance is one of pride and tradition, with a lifestyle that balances the charm of a small town with the conveniences of a larger city.

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

Residents of Bristol benefit from a solid educational system, with a number of public and private schools providing a range of educational opportunities. The city is home to several healthcare facilities, offering services that include urgent care, primary care, and emergency response capabilities. The public library network serves as a valuable resource for the community, and the city's retail and dining establishments reflect the local culture and provide a variety of experiences. City initiatives are in place to continually improve services in line with the evolving needs of the population.

Transportation in Bristol, TN.

Bristol's transport infrastructure includes a network of roads and highways that facilitate travel and commuting within the city and to neighboring areas. Public transit options are available, providing residents with alternatives to private vehicle use. The community's walkability varies across different neighborhoods, with some areas being more pedestrian-friendly than others. Bikeability is also a focus, with efforts to improve cycling infrastructure for residents. While specific ride-sharing services are operational in the city, their availability may differ throughout the area.

Frequently Asked Questions About 531 Walnut Hill Rd

What is the listing price of this property?

The listing price of 531 Walnut Hill Rd property is $55,000.

What type of property is this?

The property 531 Walnut Hill Rd is a house located in Bristol, Tennessee, 37620.

Is this property for sale now?

Active Listing: 531 Walnut Hill Rd 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 $262 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 531 Walnut Hill Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 531 Walnut Hill Rd is 1,008 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 531 Walnut Hill Rd is 1949.

Rocket Homes›Tennessee›Sullivan County›Bristol›37620›531 Walnut Hill Rd

This home is located at 531 Walnut Hill Rd in Bristol, TN and zip code 37620. This 1,008 square foot home, which was built in 1949, sits on a 0.56 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $55,000.

Over 6 listings were sold over their listed price in October 2024 in Bristol, TN. In the same period over 26 listings were sold below the listed price and 9 listings were sold for the listed price. The number of listings in Bristol, TN decreased by 1.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 67 days, the median list price was $240,000.

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

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