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Backup Offers

509 1st Ave, Fayetteville, TN, 37334

$197,500

Home List Price

$2,345*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,095 SqFt
$180/SqFt
House
Schools Nearby

Location

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509 1st Ave, Fayetteville$197,500

Buyer Closing Credits

$2,345*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached
Year Built1960
HeatingCentral, Electric, Natural Gas
CoolingCentral Air, Electric
MLS #2654396
Lot Size0.27 Acres
StatusAccepting Backup Offers
(Under Contract - Showing)

About 509 1st Ave

Welcome to downtown Fayetteville living at its finest! Nestled in the heart of the vibrant Avenues district, this charming 2-bedroom, 1.5-bathroom home is the epitome of urban convenience paired with cozy comfort.Step inside to discover a meticulously maintained 1095 square feet of living space, where every corner exudes warmth and character.But the true gem of this property lies just beyond the back door - your very own she shed! This versatile space is ideal for simply enjoying some quiet time away from the hustle and bustle of city life. Shed is 16x11; vinyl flooring; window unit, space heater, with a screened in porch with power! Whether you're strolling through nearby parks, exploring local boutiques, or dining at acclaimed restaurants, everything you need is just moments away.Don't miss your chance to own a piece of downtown Fayetteville paradise - schedule your showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Living Area: 1,095 SqFt

Listing Office:

  • Office Name: Burt & Co. Southern Real Estate
  • Office Phone: (931) 307-4126
  • Listing Agent: Whitney Brazier

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Washer
  • Basement: No
  • Flooring Type: Finished Wood, Laminate, Tile

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Attached

Lot Features

Lot Information:

  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Natural Gas
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Fayetteville High School, Public District Grades 9-12
  • Fayetteville Middle School, Public District Grades 5-8
  • Ralph Askins School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From Fayetteville Square, go 0.3 miles turn left onto College St W, 0.5 miles keep right onto Morgan Ave N, 900 ft turn right onto Washington St W, 70 ft take a slight left turn onto First Ave, 0.2 miles destination is on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $197,500
  • Price Per SqFt: $180/SqFt

Tax Information:

  • Annual Amount: $637
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$234.1K

Med. Price/SqFt

$156

Avg. Days On Market

32

# of Sold Homes

25

509 1st Ave vs Fayetteville

15 DAYS ON ROCKET

-17 Days

$197,500

-$36.6K Less

$180/SqFt

+$23 More

KEY TAKEAWAY

This property is $36.6K less than the Median Sold Price and $23/SqFt more than other homes in Fayetteville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2654396

Listing Office:

  • Office Name: Burt & Co. Southern Real Estate
  • Office Phone: (931) 307-4126
  • Listing Agent: Whitney Brazier

IDX 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.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

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: 5/29/2024, 10:18:33 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

Oct 25, 2012Home Sold
$89,000
Oct 08, 2010Home Sold
$80,000
Feb 24, 2009Home Sold
$65,000

Tax History

YEARPROP. TAXASSESSMENT
2020$637$20,025
2019$601$17,675
2018$601$14,550
2017$580$14,550

History based on county public records data.

Payment Calculator

$1,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$659

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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-4432253
4
/10
  • Ralph Askins School

  • 901 Shady Ln

  • 0.31 miles

  • Public District Grades PK-4

Middle School

school-card-donut-4432254
4
/10
  • Fayetteville Middle School

  • 1800 Wilson Pkwy Ste A

  • 0.91 miles

  • Public District Grades 5-8

High School

school-card-donut-4432255
5
/10
  • Fayetteville High School

  • 1800 Wilson Pkwy

  • 0.91 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,010. Residents of Fayetteville, TN typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 509 1st Ave

What is the listing price of this property?

The listing price of 509 1st Ave property is $197,500.

What type of property is this?

The property 509 1st Ave is a house located in Fayetteville, Tennessee, 37334.

Is this property for sale now?

Accepting Backup Offers: 509 1st Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 509 1st Ave are:
Ralph Askins School: GreatSchools Rating 4/10
Fayetteville Middle School: GreatSchools Rating 4/10
Fayetteville High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $637 (source: MLS/based on county public records data).

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

The last sale was on October 25, 2012 for $89,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 509 1st Ave has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 509 1st Ave is 1,095 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 509 1st Ave is 1960.

Rocket HomesTennesseeLincoln CountyFayetteville37334509 1st Ave

This home is located at 509 1st Ave in Fayetteville, TN and zip code 37334. This 1,095 square foot home, which was built in 1960, sits on a 0.27 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $197,500.

In April 2024, from all listings sold in Fayetteville, TN there were more than 2 sold above asking price, over 20 sold below and more than 3 were sold right at the asked price. In April 2024 in Fayetteville, TN there were 3.5% less homes for sale than in March 2024. Listings spent 32 days on the market in April 2024, and had a median list price of $234,100 during the same period.

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

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