501 Sheath Cir, Lebanon TN 37087
Welcome home to 501 Sheath Circle! Situated on a beautiful, tree-lined corner lot spanning approximately 0.6 acres, this well-maintained 3-bedroom, 2-bath home offers the perfect blend of comfort, convenience, and privacy. Inside, you’ll find beautiful hardwood floors, one completely renovated bathroom, and a propane fireplace. The kitchen features brand-new stainless steel smart appliances, while the deck and covered front porch provide the perfect spaces to relax and enjoy the peaceful surroundings. A spacious 12x22 shed offers excellent storage or workshop potential, and the two-car gar
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Lebanon
This property is offered at $269 per square foot, compared with a $213 median for active 3-bedroom homes in Lebanon. Its asking price falls near the 54th percentile of that active group. The comparison uses 416 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 19 days, while the current cohort averages 50 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $636,000, and the median is $242 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 534 Sheath Cir | Aug 25, 2026 | 3 bd · 1,326 sqft | $340,000 | 0.1 mi |
| 545 Sheath Cir | Jun 15, 2026 | 3 bd · 1,394 sqft | $420,000 | 0.2 mi |
| 1035 Bending Chestnut Dr | Jun 18, 2026 | 3 bd · 2,856 sqft | $689,900 | 0.3 mi |
| 108 Chalford Pl | May 29, 2026 | 6 bd · 4,651 sqft | $810,000 | 0.4 mi |
| 213 Bradshaw Rd | Jul 23, 2026 | 3 bd · 2,863 sqft | $720,000 | 0.4 mi |
| 0 Yelton Rd | Aug 26, 2026 | — | $30,000 | 0.4 mi |
| 341 Bradshaw Rd | Jun 22, 2026 | 3 bd · 2,840 sqft | $640,000 | 0.4 mi |
| 515 Lena Way | Aug 10, 2026 | 3 bd · 2,747 sqft | $632,000 | 0.9 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $410,000 · Active
- $410,000 · Active
- $410,000 · Active
- $410,000 · Active
- $410,000 · Active
- $410,000 · Active
- $410,000 · Active
- $399,989 · Active
- $399,989 · Active
Location reference points
How this address sits within the Lebanon area
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
- I-24 at Manchester59.0 miles straight-line · roughly 105 driving minutes
- Downtown Manchester60.1 miles straight-line · roughly 107 driving minutes
- Arnold Air Force Base66.0 miles straight-line · roughly 118 driving minutes
Continue comparing
Similar active homes in Lebanon
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Lebanon homes for sale · See the Lebanon market report