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Morgan 37872
1038 Glades Rd
Photo of 1038 Glades Rd
Sold on Jul 14, 2022

19

Map

Photo of 1038 Glades Rd
Photo of 1038 Glades Rd
$168,000
● House - Off Market

1038 Glades Rd

Sunbright, TN 37872
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,152 Ft²
$173,924
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

MOVE IN READY! This house is has been almost totally remodeled. Home sits nicely back off road on almost an acre of land. Great open split bedroom floor plan. This is a must see! OWNER/AGENT
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$148
Property Type
House
Property Taxes
$56
HOA Dues
-
Year Built
2012

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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: 2 months ago (Realtracs #RTC2839327)

Price History

Date / Event Date Event Price
Apr 6, 2023 No longer available -
No longer available
Jan 14, 2023 Listed by Realty Executives Associates $219,000
Listed by Realty Executives Associates
Looking for a clean, well kept one level home - Move in ready condition!? This one is a must see! Spacious open floor plan with split bedroom layout - New updates (paint, refinished kitchen & bathroom cabinets incl hardware) all stainless steel appliances really make this one stand out! Split bedroom layout with spacious rooms. Long covered front porch is perfect for morning coffee while watching deer roam the yard. Storage building for extra storage. This home is in USDA eligable area. The manager has listed the unit size as 1152 square feet.
Jul 14, 2022 Sold
Premium
Sold
Jun 17, 2022 No longer available -
No longer available
Jun 8, 2022 Relisted $160,000
Relisted
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • 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: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,640
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PFIFER SUBDIVISION
  • Land Acres: 0000000910
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: DISTRICT: 06, COUNTY AREA: M01

Neighborhood

  • School District Name: Morgan County School District
  • Census Tract: 110100

Geography

  • Assessors Map Reference: 016
  • District: 06
  • Parcel: 065016 01210
  • Lot: 10
  • Latitude: 36.283
  • Longitude: -84.7704

    Address

  • Full Address: 1038 Glades Rd
  • Address - House Number: 1038
  • Address - Street Name: Glades
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Sunbright
  • Carrier Code: R001
  • 4-Digit Zip Code: 3230
  • Zip Code: 37872

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $67,500
  • Tax Rate Code Area: 65A00

    Appraisal Valuation

  • Standard Deviation: 0.1555
  • Valuation Date: Apr 05, 2023
  • Confidence Score: 80
  • Final Value: 210,488
  • High Value: 243,222
  • Low Value: 177,755

    Market Valuation

  • Market Total Value: $99,300
  • Market Land Value: $3,400
  • Market Improvement Value: $95,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,825
  • Assessed Land Value: $850
  • Assessed Improvements Value: $23,975

    Sales

  • Current Sale Contract Date: Jul 14, 2022
  • Current Sale Recording Date: Jul 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 80404
  • Previous Sale Recording Date: Feb 04, 2022
  • Previous Sale Contract Date: Jan 04, 2022
  • Previous Sale Amount: $89,500
  • Previous Sale Document Type: 27
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 Morgan

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$190

Below Asking

0.01%

Average Days on Market

96

Average Home Size

1922 ft²

Average Home Age

31.5 years

Currently For Sale

61 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: Quint Bourgeois, Realty Executives Associates
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC2839327
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 1038 Glades Road built and last sold?
The property at 1038 Glades Road was built in 2012 and last sold on Jul 14, 2022 for $168,000.
How much is this home worth?
The estimated value of the home located at 1038 Glades Road is $216,001.
What are some comparable homes to 1038 Glades Road?
There are currently no comparable homes to 1038 Glades Road.
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