5 months on rocket

1001 Virginia Ave, Bristol, TN, 37620

$265,000

Home List Price

$3,147*

Closing Credit

3 Bedrooms
2 Full Baths
1,589 SqFt
$167/SqFt
House
Schools Nearby

Location

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1001 Virginia Ave, Bristol$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGravel
Year Built1910
HeatingHeat Pump
CoolingHeat Pump
MLS #9959567
Lot Size0.25 Acres
StatusActive

About 1001 Virginia Ave

Are you in search of an opportunity to initiate or expand your investment portfolio? Envision yourself residing in one section of a duplex while generating rental income from the other side? Or add to your portfolio by seamlessly adding a property that comes with two established renters. Conveniently located near the vibrant Downtown area and in close proximity to the Bristol Speedway, this duplex has had renovations done, boasting new heat pumps, a recent metal roof. There 2 service panels on their own meters. The updates extend to new lighting, flooring, appliances, and bathrooms, among other enhancements. The units feature slightly different layouts, with Unit 1 comprising one bedroom and Unit 2 offering two bedrooms. Each unit provides a private front and rear entrance, a covered front porch, a central bathroom, a spacious kitchen, and a furnished laundry area. Currently utilized as long-term rentals both units come fully furnished, including some accessories. This is your chance to own a property that not only aligns with your investment goals but also promises recurring income in a prime location! Buyers/Buyer's agent to verify all information.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1910
  • Living Area: 1,589 SqFt

Listing Office:

  • Office Name: KW Johnson City
  • Office Phone: (423) 433-6500
  • Listing Agent: Taylor Grindstaff

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Hardwood, Luxury Vinyl, Tile
  • Interior: Open Floorplan, Remodeled

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch/Covered, Porch Front

Parking Information:

  • Attached Garage: No
  • Parking: Gravel

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

  • Tennessee High School, Public District Grades 9-12
  • Vance Middle School, Public District Grades 7-8
  • Fairmount Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Corner of Virginia Ave and Maple St. There is a parking lot behind house.

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000
  • Price Per SqFt: $167/SqFt

Tax Information:

  • Annual Amount: $1,001
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$227.6K

Med. Price/SqFt

$144

Avg. Days On Market

77

# of Sold Homes

30

1001 Virginia Ave vs Bristol

159 DAYS ON ROCKET

+82 Days

$265,000

+$37.3K More

$167/SqFt

+$22 More

KEY TAKEAWAY

This property is $37.3K more than the Median Sold Price and $22/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: #9959567

Listing Office:

  • Office Name: KW Johnson City
  • Office Phone: (423) 433-6500
  • Listing Agent: Taylor Grindstaff

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 Homefront.com 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: 4/29/2024, 12:50:21 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

Aug 22, 2005Home Sold
$87,000
Apr 05, 1996Home Sold
$17,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,001$23,825
2019$996$21,150
2018$996$21,150
2017$730$21,150

History based on county public records data.

Payment Calculator

$1,390

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$861

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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.

Elementary School

school-card-donut-2950514
4
/10
  • Fairmount Elementary School

  • 821 Virginia Ave

  • 0.11 miles

  • Public District Grades PK-6

Middle School

school-card-donut-2950515
6
/10
  • Vance Middle School

  • 815 Edgemont Ave

  • 0.58 miles

  • Public District Grades 7-8

High School

school-card-donut-2950516
7
/10
  • Tennessee High School

  • 1112 Edgemont Ave

  • 0.74 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,653. Most Bristol, TN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1001 Virginia Ave

What is the listing price of this property?

The listing price of 1001 Virginia Ave property is $265,000.

What type of property is this?

The property 1001 Virginia Ave is a house located in Bristol, Tennessee, 37620.

Is this property for sale now?

Active Listing: 1001 Virginia Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1001 Virginia Ave are:
Fairmount Elementary School: GreatSchools Rating 4/10
Vance Middle School: GreatSchools Rating 6/10
Tennessee High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,001 (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 22, 2005 for $87,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1001 Virginia Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1001 Virginia Ave is 1,589 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1001 Virginia Ave is 1910.

Rocket HomesTennesseeSullivan CountyBristol376201001 Virginia Ave

This home is located at 1001 Virginia Ave in Bristol, TN and zip code 37620. This 1,589 square foot home, which was built in 1910, sits on a 0.25 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 21, 2023 and is currently priced at $265,000.

Over 7 listings were sold over their listed price in March 2024 in Bristol, TN. In the same period over 18 listings were sold below the listed price and 5 listings were sold for the listed price. The inventory of homes for sale in Bristol, TN between February 2024 and March 2024 increased by 16.4%. In March 2024 median list price was $227,625 and the average listing age was 77 days.

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

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