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Anderson 37716
115 Nelson Lane
Photo of 115 Nelson Lane
Sold on May 28, 2026

19

Map

Photo of 115 Nelson Lane
Photo of 115 Nelson Lane
$550,000
● House - Off Market

115 Nelson Lane

Clinton, TN 37716
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,998 Ft²
$2,779
Est. Monthly

About This Property

NEW CONSTRUCTION! This 3 bedroom, which includes the master on the main level and 2.5-bathroom home sits on almost 1 acre. With and open floor plan, LVP flooring and granite countertops. On the upper level you will find a bonus room and well as extra nook perfect for a study or home office. A 2-car rear entry garage and a covered back patio. With the home sitting on the back side of the property, you can enjoy the peace and quiet on the large covered front porch. Buyer to verify all information. Listing Agent Must Be Present to View Property. Buyer to verify all information.
Unit Size
1,998 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$280
Property Type
House
Property Taxes
$30
HOA Dues
-
Year Built
1986

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 6 days ago (Realtracs #RTC3613436)

Price History

Date / Event Date Event Price
May 28, 2026 Sold
Premium
Sold
Jan 14, 2026 Listed by King Real Estate Services, Inc. $559,900
Listed by King Real Estate Services, Inc.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 58
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,204
  • Lot Size Depth Feet: 2,780
  • Lot Size Frontage Feet: 1,530
  • Total Building Area: 1,456
  • Gross Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000900
  • Standard Land Use Code: 1006
  • County Land Use Code: MH4
  • State Land Use Code: C00
  • Mobile Home Indicator: T
  • Legal Description 1: 153X277.6 IRR

Neighborhood

  • School District Name: Anderson County School District
  • Census Tract: 020902

Geography

  • Assessors Map Reference: 043
  • District: 01
  • Parcel: 043-114.02
  • Municipality: ANDERSON COUNTY
  • Latitude: 36.1712
  • Longitude: -84.0937

    Address

  • Full Address: 115 Nelson Ln
  • Address - House Number: 115
  • Address - Street Name: Nelson
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Clinton
  • Carrier Code: R009
  • 4-Digit Zip Code: 6631
  • Zip Code: 37716

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $31,400
  • Tax Rate Code Area: 01A00

    Appraisal Valuation

  • Standard Deviation: 0.2771
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 60
  • Final Value: 172,412
  • High Value: 220,204
  • Low Value: 124,619

    Market Valuation

  • Market Total Value: $47,700
  • Market Land Value: $34,700
  • Market Improvement Value: $13,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $11,925
  • Assessed Land Value: $8,675
  • Assessed Improvements Value: $3,250

    Sales

  • Current Sale Recording Date: Oct 27, 2003
  • Current 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 Anderson

Stats & Trends

Median Asking:

$349,990

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1599 ft²

Average Home Age

46.4 years

Currently For Sale

258 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: Dustin Humphrey, King Real Estate Services, Inc.
Last Updated: 6 days ago
Data Source: Realtracs, MLS# RTC3613436
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 115 Nelson Lane built and last sold?
The property at 115 Nelson Lane was built in 1986 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 115 Nelson Lane is $560,163.
What are some comparable homes to 115 Nelson Lane?
There are currently no comparable homes to 115 Nelson Lane.
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