22 days on rocket

5876 New Salem Hwy, Rockvale, TN, 37153

$6,750,000

5 Bedrooms
1 Full Bath
2,773 SqFt
$2,434/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Year Built1900
HeatingOther
CoolingOther
BasementYes
MLS #2763445
Lot Size35.00 Acres
StatusActive

About 5876 New Salem Hwy

***DEVELOPER'S DREAM*** 35 acres of level, buildable land, nestled in the middle of several other neighborhoods. Great location only a few blocks to Publix, Walmart, Costco, schools and I 24. Large enough for several home sites and community amenities. Land is mostly cleared already, with some trees mixed in. Don't miss this opportunity ***Do not enter the property without a scheduled showing. So not disturb the homeowner or approach the home***

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 2,773 SqFt

Listing Office:

  • Office Name: Bernie Gallerani Real Estate
  • Office Phone: (615) 438-6658
  • Listing Agent: Bernie Gallerani

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Other
  • Interior: Primary Bedroom Main Floor

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 35.00 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: From Nashville, I 24 SE, exit 80 R onto hwy 99/New Salem Hwy, property on the R

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,750,000
  • Price Per SqFt: $2,434/SqFt

Tax Information:

  • Annual Amount: $1,282
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$498.8K

Med. Price/SqFt

$214

Avg. Days On Market

37

# of Sold Homes

12

5876 New Salem Hwy vs Rockvale

22 DAYS ON ROCKET

-15 Days

$6,750,000

+$6.2M More

$2,434/SqFt

+$2.2K More

KEY TAKEAWAY

This property is $6.2M more than the Median Sold Price and $2.2K/SqFt more than other homes in Rockvale, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2763445

Listing Office:

  • Office Name: Bernie Gallerani Real Estate
  • Office Phone: (615) 438-6658
  • Listing Agent: Bernie Gallerani

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
2021$1,282$57,750
2019$1,282$57,750
2018$1,212$57,750
2017$1,132$42,225

History based on county public records data.

Payment Calculator

$33.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$20.3K

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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-4314582
5
/10
  • Rockvale Elementary School

  • 6550 Highway 99

  • 0.68 miles

  • Public District Grades KG-5

school-card-donut-4314583
6
/10
  • Scales Elementary School

  • 2340 Saint Andrews Dr

  • 2.99 miles

  • Public District Grades PK-6

school-card-donut-4314584
8
/10
  • Overall Creek Elementary School

  • 429 Otter Trl

  • 3.23 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,763. Residents of Rockvale, TN typically earn between $35k-100k each year. Most families are married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5876 New Salem Hwy

What is the listing price of this property?

The listing price of 5876 New Salem Hwy property is $6,750,000.

What type of property is this?

The property 5876 New Salem Hwy is a house located in Rockvale, Tennessee, 37153.

Is this property for sale now?

Active Listing: 5876 New Salem Hwy 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 2021 is $1,282 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5876 New Salem Hwy has 5 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5876 New Salem Hwy is 2,773 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5876 New Salem Hwy is 1900.
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Rocket HomesTennesseeRutherford CountyRockvale371535876 New Salem Hwy

This home is located at 5876 New Salem Hwy in Rockvale, TN and zip code 37153. This 2,773 square foot home, which was built in 1900, sits on a 35.00 acre lot. Features: 5 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $6,750,000.

In November 2024, from all listings sold in Rockvale, TN there were more than 2 sold above asking price, over 2 sold below and more than 8 were sold right at the asked price. The inventory of homes for sale in Rockvale, TN between October 2024 and November 2024 decreased by 26.8%. The median list price of listings available in November 2024 was $498,820, while the average time on the real estate market was 37 days.

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

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