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506 Summitt Ave

Elizabethton, TN 37643

3 bd 2 ba 1,000 sqft Built 1940 Lot 5,227 sqft single_family
Most recent sale
$160,000
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2022 Sold $160,000 Public Record
Apr 1, 2022 Listed $149,900 MLS #9935837
Sep 11, 2017 Sold $24,000 TNVARegionalMLS
Aug 26, 2017 Price changed $35,000 MLS #390548
May 19, 2017 Listed $39,900 MLS #390548
Oct 11, 2011 Listing removed $39,900 TNVARegionalMLS
Sep 1, 2011 Listed $39,900 MLS #311509
May 20, 2003 Sold $24,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $18,425 $723
2024 $18,425 $706
2023 $18,425 $706
2022 $18,425 $663
2021 $18,425 $374
2020 $15,275 $660
2019 $15,275 $660
2018 $15,275 $650
2017 $10,975 $467
2016 $10,975 $465
2015 $10,550 $448
2014 $10,550 $450
2013 $10,550 $438
2012 $10,550 $415
2011 $10,550 $415
2010 $9,225 $374
2009 $9,225 $374
2008 $9,225 $369
2007 $9,225 $358

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,000 sqft
Lot size
5,227 sqft
ZIP code
37643
City
Elizabethton
Street
Summitt Ave
Coordinates
36.33941, -82.21800

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,500
Gross rental yield
11.25%
Implied cap rate
7.31%
Trend-extrapolated value

Frequently asked questions

When did 506 Summitt Ave last sell?
506 Summitt Ave most recently sold on May 2, 2022 for $160,000.
What is the current tax assessment for 506 Summitt Ave?
The most recent total assessment for 506 Summitt Ave (year 2025) is $18,425 with $723 in property tax.
How does 506 Summitt Ave's assessment compare to its last sale price?
The current assessment is 88.5% below the last sale price of $160,000.
When was 506 Summitt Ave built?
506 Summitt Ave was built in 1940.
How does 506 Summitt Ave compare to others on Summitt Ave?
We track 3 other properties on Summitt Ave. Browse the list under "Other properties on Summitt Ave" to compare beds, baths, and sale history.
What are the property facts for 506 Summitt Ave?
506 Summitt Ave is a 3 bed, 2 bath, 1,000 sqft, 5,227 sqft lot single_family.
Is 506 Summitt Ave a flip candidate?
No — 506 Summitt Ave does not appear in our flips dataset.
Is 506 Summitt Ave a tax-appeal candidate?
No — 506 Summitt Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.8%
Implied 1-yr
+11.3%
2026 Q3
$301.3K
2026 Q4
$308.4K
ZIP 37643 — Median Price History + Forecast

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