5 months on rocket

Sale Pending

518 Alabama St, Bristol, TN, 37620

$499,000

Home List Price

$5,926*

Closing Credit

4 Bedrooms
2 Full Baths
4,059 SqFt
$123/SqFt
House
Schools Nearby

Location

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518 Alabama St, Bristol$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Asphalt
Year Built1900
HeatingHeat Pump
CoolingHeat Pump
BasementYes
MLS #9958816
Lot Size0.31 Acres
StatusSale Pending
(Active Under Contract)

About 518 Alabama St

BACK ON MARKET DUE TO BUYERS' HOME NOT SELLING. Gaze upon a large wraparound front porch, welcoming you into a beautiful Victorian home built in 1898 featuring eight fireplaces throughout. Once inside, you're greeted by the large ornate wooden staircase with intricate details. You'll enter the sitting room to the left of the foyer. This room boasts large pocket doors with original brass door pulls and a beautiful fireplace with tile surround. Leaving the sitting room, you'll find yourself in the home office also with a fireplace and tile surround. Across the foyer is a library with built in shelving centered around a large fireplace. Step down the hall to the large formal dining room with original built in sideboard and ornate fireplace. From the dining room, you'll enter a modern kitchen with leathered granite counters, new appliances and a large butler's pantry with a beverage fridge and also entry to the sunny breakfast room. Off the kitchen is the laundry room and a mudroom as well as access to the basement, and the original servant's staircase that leads upstairs. Behind the beautiful staircase at the home's entrance is an updated full bath with shower and new fixtures. Upstairs, you'll find four large bedrooms each with fireplaces. At the top of the stairs, there is a full updated bathroom with cast iron tub and sink dated 1927. The bathroom and fixtures have been restored to maintain the old world charm with a touch of modern amenity. The servant stairs mentioned before leads to the upper level and has a bonus room/bedroom. At the front of the hall, there is a balcony overlooking the front lawn. Also, on this level is a stairway giving access to a large floored attic. Outside, there's a level backyard and large parking area. This property is zoned B3 and provides flexibility for various uses including residential, commercial, or rental like an AirBnB or bed and breakfast. Home is located on a quiet street, within walking distance to all that Bristol offers.

Property Details

Property Features

Property Information:

  • Architectural Style: Historic, Victorian
  • Year Built: 1900
  • Living Area: 4,059 SqFt

Listing Office:

  • Office Name: The Addington Agency Bristol
  • Office Phone: (423) 845-5800
  • Listing Agent: Jessica Carter

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Wine Cooler
  • Basement: Yes
  • Flooring Type: Hardwood, Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Wrap Around Porch

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Asphalt

Lot Features

Lot Information:

  • Lot Size: 0.31 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: FROM MARTIN LUTHER KING JR BLVD, TURN ONTO ALABAMA STREET, HOME IS ON RIGHT.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $123/SqFt

Tax Information:

  • Annual Amount: $3,261
  • 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

518 Alabama St vs Bristol

179 DAYS ON ROCKET

+102 Days

$499,000

+$271.3K More

$123/SqFt

-$22 Less

KEY TAKEAWAY

This property is $271.3K more than the Median Sold Price and $22/SqFt less 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: #9958816

Listing Office:

  • Office Name: The Addington Agency Bristol
  • Office Phone: (423) 845-5800
  • Listing Agent: Jessica Carter

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, 11:20:22 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

Sep 23, 2021Home Sold
$475,000
Jun 28, 1990Home Sold
$115,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,261$73,520
2019$3,247$68,920
2018$3,247$68,920
2017$3,629$68,920

History based on county public records data.

Payment Calculator

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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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-3058815
4
/10
  • Fairmount Elementary School

  • 821 Virginia Ave

  • 0.70 miles

  • Public District Grades PK-6

Middle School

school-card-donut-3058816
6
/10
  • Vance Middle School

  • 815 Edgemont Ave

  • 0.36 miles

  • Public District Grades 7-8

High School

school-card-donut-3058817
7
/10
  • Tennessee High School

  • 1112 Edgemont Ave

  • 0.55 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,606. Residents of Bristol, TN typically earn less than $35k each year. Typical family type is 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

Frequently Asked Questions About 518 Alabama St

What is the listing price of this property?

The listing price of 518 Alabama St property is $499,000.

What type of property is this?

The property 518 Alabama St is a house located in Bristol, Tennessee, 37620.

Is this property for sale now?

Sale Pending: 518 Alabama St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 518 Alabama St 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 $3,261 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 23, 2021 for $475,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 518 Alabama St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 518 Alabama St is 4,059 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 Alabama St is 1900.

Rocket HomesTennesseeSullivan CountyBristol37620518 Alabama St

This home is located at 518 Alabama St in Bristol, TN and zip code 37620. This 4,059 square foot home, which was built in 1900, sits on a 0.31 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 02, 2023 and is currently priced at $499,000.

In March 2024, from all listings sold in Bristol, TN there were more than 7 sold above asking price, over 18 sold below and more than 5 were sold right at the asked price. Between February 2024 and March 2024, Bristol, TN real estate market has seen increase in the number of listings by 16.4%. In March 2024, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $227,625.

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

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