5 months on rocket

948 Anderson St, Bristol, TN, 37620

$375,000

Home List Price

$4,453*

Closing Credit

5 Bedrooms
3 Full Baths
1,696 SqFt
$221/SqFt
House

Location

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948 Anderson St, Bristol$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1910
HeatingNatural Gas, Space Heater(s)
CoolingCeiling Fan(s), Window Unit(s)
BasementYes
ViewMountain(s)
MLS #9966479
Lot Size0.23 Acres
StatusActive

About 948 Anderson St

Charming 3-Unit Multi-Family Residence in Prime Bristol Location! Perfect for Living, Renting, or Investment! Conveniently located near Downtown Bristol with easy access to The Pinnacle Bristol, the local Hospital, Bristol Motor Speedway, King University, and Steele Creek Park. Property Overview: Total Bedrooms: 5 Total Bathrooms: 3 full bathrooms Laundry: Common area laundry facilities Utilities: Natural gas available, each unit separately metered. Unit Details: Unit 1: 2 bedrooms, 1 bathroom, kitchen, and dining area. Unit 2: 1 bedroom, 1 bathroom, kitchen, and living space. Unit 3: 2 bedrooms, 1 bathroom, kitchen, and living space. Key Features: New Roof & Eaves: Recently installed for worry-free living. New Hot Water Heater: Ensures reliable hot water supply. Newer Flooring: Mixture of hardwood and other materials, adding character and charm. Current Leasing Status: All units are fully leased, providing immediate rental income. Versatile Usage Options: Primary Residence: Live in one unit and rent the others for additional income. Investment Property: Ideal for long-term rentals, AirBNB, or VRBO. Flexible Scenarios: Numerous possibilities to fit your lifestyle and financial goals. This property is an excellent opportunity for investors or homeowners looking to capitalize on rental income in a desirable location. With all units currently leased, you can start earning income immediately. Whether you want to expand your rental portfolio, live in one unit while renting the others, or explore short-term rental opportunities, this multi-family residence offers endless possibilities. Don't miss out on this incredible investment opportunity! Schedule your showing today to explore all the potential this property holds. All Information is deemed reliable but should be verified by buyer or buyer's agent.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1910
  • Living Area: 1,696 SqFt

Listing Office:

  • Office Name: A Team Real Estate Professionals
  • Office Phone: (423) 726-2260
  • Listing Agent: Dave Smith, Michael Phillips

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Entrance Foyer, Laminate Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Porch/Covered, Porch Front

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Space Heater(s)
  • Cooling: Ceiling Fan(s), Window Unit(s)

Other

Directions Information:

  • Directions: Start North on Volunteer Pkwy. turn left onto Windsor Ave. then right onto 10th street, then a right onto Anderson Street. Arrive at 948 Anderson Street on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $221/SqFt

Tax Information:

  • Annual Amount: $1,255
  • 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

948 Anderson St vs Bristol

175 DAYS ON ROCKET

+108 Days

$375,000

+$135K More

$221/SqFt

+$69 More

KEY TAKEAWAY

This property is $135K more than the Median Sold Price and $69/SqFt more 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: #9966479

Listing Office:

  • Office Name: A Team Real Estate Professionals
  • Office Phone: (423) 726-2260
  • Listing Agent: Dave Smith, Michael Phillips

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, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 06, 2021Home Sold
$35,000
Nov 10, 2003Home Sold
$35,000
Oct 30, 1992Home Sold
$39,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,255$29,640
2019$1,249$26,520
2018$1,249$26,520
2017$1,237$26,520

History based on county public records data.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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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-285237
5
/10

  • Anderson Elementary School

  • 901 9th St

  • 0.38 miles

  • Public District Grades PK-5

school-card-donut-285238
6
/10

  • Stonewall Jackson Elementary School

  • 2045 Euclid Ave

  • 0.98 miles

  • Public District Grades PK-5

school-card-donut-285239
4
/10

  • Fairmount Elementary School

  • 821 Virginia Ave

  • 1.25 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 $19,605. The majority of Bristol, TN residents have income less than $35k annually. Residents typically live in single, no kids family. Most 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.

What are the common housing types 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 are the advantages of living 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.

Are essential services in Bristol, TN convenient?

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.

How do Bristol, TN residents get around?

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 948 Anderson St

What is the listing price of this property?

The listing price of 948 Anderson St property is $375,000.

What type of property is this?

The property 948 Anderson St is a house located in Bristol, Tennessee, 37620.

Is this property for sale now?

Active Listing: 948 Anderson St 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 $1,255 (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 6, 2021 for $35,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 948 Anderson St has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 948 Anderson St is 1,696 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 948 Anderson St is 1910.

Rocket Homes›Tennessee›Sullivan County›Bristol›37620›948 Anderson St

This home is located at 948 Anderson St in Bristol, TN and zip code 37620. This 1,696 square foot home, which was built in 1910, sits on a 0.23 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 30, 2024 and is currently priced at $375,000.

In October 2024, from all listings sold in Bristol, TN there were more than 6 sold above asking price, over 26 sold below and more than 9 were sold right at the asked price. Between September 2024 and October 2024, Bristol, TN real estate market has seen decrease in the number of listings by 1.8%. In October 2024, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $240,000.

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

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