3 months on rocket

623 5th St, Bristol, TN, 37620

$130,000

Home List Price

$1,544*

Closing Credit

0 Baths
Multi

Location

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623 5th St, Bristol$130,000

Buyer Closing Credits

$1,544*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1923
HeatingCentral, Fireplace(s)
CoolingCentral Air
BasementYes
FireplaceBrick, Living Room
MLS #9968890
Lot Size0.20 Acres
StatusActive

About 623 5th St

This unique single-level duplex features 2 units, each with 1 bedroom and 1 bathroom. offering various living and rental possibilities: Ideal for Investors: A great addition to your rental portfolio with steady income potential. Perfect for Families: Live close to loved ones while enjoying the privacy of separate living spaces. Short-Term Rental Potential: Maximize income by renting one or both units on a short-term basis. Live and Rent: Occupy one side of the property while generating income by renting out the other. Take advantage of this versatile property and customize its use to fit your needs! Conveniently located just 3 miles from the Hard Rock Hotel and Casino and a short walk from Downtown Bristol, it offers easy access to local attractions. Approximately 15 minutes from Bristol Motor Speedway, this property presents an excellent opportunity for both commercial and residential uses. Don't miss out on this prime investment opportunity! Schedule your showing today at 623 5th Street, Bristol, TN

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin, Duplex, Traditional
  • Year Built: 1923

Listing Office:

  • Office Name: KW Johnson City
  • Office Phone: (423) 433-6500
  • Listing Agent: Doris Kaifa, Jenn Ireson

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet
  • Interior: Entrance Foyer
  • Fireplace: Brick, Living Room

Exterior Features

Exterior Information:

  • Exterior: Porch

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central, Fireplace(s)
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Directions: From I-81 take exit 3 for I-381 S toward Bristol. Continue on Commonwealth Ave and then Volunteer Pkwy. Turn left on Anderson, right on MLK Jr Blvd, left onto Ash, and right onto 5th St. Property will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $130,000

Tax Information:

  • Annual Amount: $1,009
  • 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

623 5th St vs Bristol

118 DAYS ON ROCKET

+51 Days

$130,000

-$110K Less

KEY TAKEAWAY

This property is $110K less than the Median Sold Price in Bristol, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Tennessee/Virginia Regional MLS
  • MLS Number: #9968890

Listing Office:

  • Office Name: KW Johnson City
  • Office Phone: (423) 433-6500
  • Listing Agent: Doris Kaifa, Jenn Ireson

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

Listing History

Jul 01, 1991Home Sold
$26,750

Tax History

YEARPROP. TAXASSESSMENT
2020$1,009$23,680
2019$1,005$21,320
2018$1,005$21,320
2017$1,149$21,320

History based on county public records data.

Payment Calculator

$716

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$456

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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-350911
4
/10

  • Fairmount Elementary School

  • 821 Virginia Ave

  • 0.52 miles

  • Public District Grades PK-5

school-card-donut-350912
5
/10

  • Anderson Elementary School

  • 901 9th St

  • 0.61 miles

  • Public District Grades PK-5

school-card-donut-350913
6
/10

  • Haynesfield Elementary School

  • 201 Bluff City Hwy

  • 1.23 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 $27,606. Typical income of Bristol, TN residents is less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

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.

Rocket Homes›Tennessee›Sullivan County›Bristol›37620›623 5th St

This home is located at 623 5th St in Bristol, TN and zip code 37620. This home, which was built in 1923, sits on a 0.20 acre lot. It has been listed on Rocket Homes since July 21, 2024 and is currently priced at $130,000.

While more than 6 listings in Bristol, TN in October 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 26 were sold below. The inventory of homes for sale in Bristol, TN between September 2024 and October 2024 decreased by 1.8%. Listings spent 67 days on the market in October 2024, and had a median list price of $240,000 during the same period.

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

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