LOCATION, LOCATION, LOCATION! This prime 7.02 acres sits in the corner of Hwy 231 North and Rutledge lane! The commercial potential is great for this tract! The tract is improved with a 3 bedroom modular home that is currently rented for $1000 per month. This income producing property is sure to be a great investment! Don't miss the opportunity! Buyer's agent to verify all pertinent information.
Property Details
Property Features
Listing Office:
Office Name: RE/MAX West Main Realty
Office Phone: (615) 519-8081
Listing Agent: Todd Elliott
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot: Cleared, Corner Lot
Lot Size: 1.85 Acres
Other
Directions Information:
Directions: From Lebanon Square take HWY 231 North to Rutledge LN. Property sits in Northeast corner of 231 n. and Rutlege. Opposite corner of WEMA station.
Price Information
Listing Price Info
Price Summary:
List Price: $524,900
Tax Information:
Annual Amount: $495
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lebanon, TN.
This property is $109K more 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: #2707139
Listing Office:
Office Name: RE/MAX West Main Realty
Office Phone: (615) 519-8081
Listing Agent: Todd Elliott
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.
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: 12/27/2024, 11:18:50 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
DATE
EVENT
PRICE
Aug 01, 2016
Aug 01, 2016Home Sold
$40,000
Jun 17, 2016
Jun 17, 2016Home Sold
$17,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$495
$23,150
2019
$495
$19,650
2018
$495
$19,650
2017
$838
$19,650
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,687
Per Month
Principal & Interest
$2,620
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,640
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Sam Houston Elementary School
207 Oakdale Dr
Distance between this listing and this school1.28 miles
Public District Grades PK-5
5
/10
Castle Heights Elementary School
1007 N Castle Heights Ave
Distance between this listing and this school1.39 miles
Public District Grades PK-5
5
/10
Coles Ferry Elementary School
511 Coles Ferry Pike
Distance between this listing and this school1.75 miles
Public District Grades PK-5
Nearby Schools
5
/10
Walter J. Baird Middle School
131 Wjb Pride Ln
Distance between this listing and this school1.60 miles
Public District Grades 6-8
6
/10
Carroll-Oakland Elementary School
4664 Hunters Point Pike
Distance between this listing and this school2.28 miles
Public District Grades PK-8
5
/10
Winfree Bryant Middle School
1213 Leeville Pike
Distance between this listing and this school3.52 miles
Public District Grades 6-8
Nearby Schools
7
/10
Lebanon High School
500 Blue Devil Blvd
Distance between this listing and this school3.63 miles
Public District Grades 9-12
8
/10
Barry Tatum Academy
351 Stumpy Ln
Distance between this listing and this school5.38 miles
Public District Grades KG-12
8
/10
Wilson Central High School
419 Wildcat Way
Distance between this listing and this school9.66 miles
The neighbors living near this home have an average income of $60,347. Most Lebanon, TN residents have annual incomes between $35k-100k. The majority of families are married, no kids. The majority of 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 65 Rutledge Ln
What is the listing price of this property?
The listing price of 65 Rutledge Ln property is $524,900.
What type of property is this?
The property 65 Rutledge Ln is land located in Lebanon, Tennessee, 37087.
Is this property for sale now?
Active Listing: 65 Rutledge Ln 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 $495 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 1, 2016 for $40,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 65 Rutledge Ln in Lebanon, TN and zip code 37087. This home sits on a 1.85 acre lot. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $524,900.
In November 2024 more than 17 listings in Lebanon, TN were sold above the asking price. During the same period more than 34 listings were sold at asking price, while more than 55 were sold below. The inventory of homes for sale in Lebanon, TN between October 2024 and November 2024 increased by 6.4%. In November 2024 median list price was $415,842 and the average listing age was 21 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
Hunting
Hunting
Monster Trucks
NASCAR
Wal-Mart
Academy Sports & Outdoors
Dollar General
Hardee's
Jimmy Johns
Sonic
Ram
Chevrolet
GMC
Classic Country
New Country