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Jefferson 37890
1021 NEASE Drive
Photo of 1021 NEASE Drive
Sold on Jul 10, 2020

18

Map

Photo of 1021 NEASE Drive
Photo of 1021 NEASE Drive
$140,000
● House - Off Market

1021 NEASE Drive

White Pine, TN 37890
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$193,978
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

CUTE RANCHER IN GREAT LOCATION. VERY NICE LEVEL YARD WITH AWESOME POND VIEW. REPLACEMENT TILT WINDOWS,UPDATED H & A SYSTEM & ROOF. COVERED FRONT PORCH & COVERED SHED FOR EXTRA PARKING. LAUNDRY ON MAIN &LOWER LEVEL. HAS 1-CAR GARAGE W/ INSULATED, ELECTRIC GARAGE DOOR. FULL UNFINISHED BASEMENT & OPEN DECK (12 X 12). WELL CARED FOR HOME!! MUST SEE!! MOVE -RIGHT-IN !! SOME DRONE PHOTOGRAPHY USED.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$140
Property Type
House
Property Taxes
$42
HOA Dues
-
Year Built
1982

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (Realtracs #RTC3281650)

Price History

Date / Event Date Event Price
Jul 10, 2020 Sold
Premium
Sold
Mar 19, 2020 Listed by Re/Max Between the Lakes Dandridge $139,900
Listed by Re/Max Between the Lakes Dandridge

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 1,000
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,000
  • Gross Building Area: 2,000
  • Building Area: 1,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEAS HILLS
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 51
  • State Land Use Code: C00
  • Legal Description 1: NEAS HILLS PB: 9 PG: 17 LOT: 35PT 100.34X200

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 070102

Zoning

  • Zoning: A-1

Geography

  • Assessors Map Reference: 039B
  • District: 03
  • Parcel: 039B-G-005.01
  • Lot: 35
  • Municipality: JEFFERSON CNTY-UNINCORPORATED
  • Latitude: 36.0936
  • Longitude: -83.2749

    Address

  • Full Address: 1021 Nease Dr
  • Address - House Number: 1021
  • Address - Street Name: Nease
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: White Pine
  • Carrier Code: R003
  • 4-Digit Zip Code: 3831
  • Zip Code: 37890

Valuation

    Tax

  • Total Area: 1,000
  • Tax Year: 2022
  • Tax Amount: $50,500
  • Tax Rate Code Area: 45A00

    Appraisal Valuation

  • Standard Deviation: 0.1491
  • Valuation Date: May 24, 2023
  • Confidence Score: 70
  • Final Value: 199,182
  • High Value: 228,880
  • Low Value: 169,483

    Market Valuation

  • Market Total Value: $92,200
  • Market Land Value: $22,000
  • Market Improvement Value: $70,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,050
  • Assessed Land Value: $5,500
  • Assessed Improvements Value: $17,550

    Sales

  • Current Sale Contract Date: Jul 10, 2020
  • Current Sale Recording Date: Jul 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20005073
  • Previous Sale Recording Date: Aug 17, 1987
  • Previous Sale Amount: $32,200
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Jefferson

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$228

Below Asking

0.02%

Average Days on Market

86

Average Home Size

1941 ft²

Average Home Age

29.8 years

Currently For Sale

299 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Realtracs

Listed by: Joey Bruce, Re/Max Between the Lakes Dandridge
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3281650
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 1021 Nease Drive built and last sold?
The property at 1021 Nease Drive was built in 1982 and last sold on Jul 10, 2020 for $140,000.
How much is this home worth?
The estimated value of the home located at 1021 Nease Drive is $149,962.
What are some comparable homes to 1021 Nease Drive?
There are currently no comparable homes to 1021 Nease Drive.
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