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Roane 37748
122 Lemons Lane
Photo of 122 Lemons Lane
Sold on Jan 21, 2022

33

Map

Photo of 122 Lemons Lane
Photo of 122 Lemons Lane
$274,900
● House - Off Market

122 Lemons Lane

Harriman, TN 37748
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,716 Ft²
$297,344
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

WELCOME HOME! This move in ready home is a reverse split foyer. The Kitchen, Dining Room, Living Room, Laundry/half bathroom, and Bonus room (with wood burning fireplace!) are on the lower level and the 3 Bedrooms, 2 full Bathrooms are upstairs. Rooms are spacious and ready for your personal touches! Extra storage with shelves is located under the staircase (currently used as a pantry) along with storage closets on both levels. Enjoy entertaining on the outside detached deck. Ample parking as well! Located minutes from Roane Medical, interstate access, restaurants, shopping and Roane County Park. Approximately 20 minutes to Oak Ridge and West Knoxville.
Unit Size
2,716 Ft²
Days on Market
-
Land Size
0.79 acres
Price per sqft
$101
Property Type
House
Property Taxes
$94
HOA Dues
-
Year Built
1978

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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: 3 months ago (Realtracs #RTC3537556)

Price History

Date / Event Date Event Price
Jan 21, 2022 Sold
Premium
Sold
Sep 24, 2021 Listed by Mountain Home Realty $274,900
Listed by Mountain Home Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • 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
  • Floor Cover: 9
  • Basement Type: 3
  • Basement Area: 1,670
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,412
  • Lot Size Depth Feet: 2,310
  • Lot Size Frontage Feet: 520
  • Total Building Area: 2,716
  • Building Area: 2,716
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 2,716
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000790
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: DISTRICT: 1

Neighborhood

  • School District Name: Roane County School District
  • Census Tract: 030600

Geography

  • Assessors Map Reference: 057
  • District: 01
  • Parcel: 073057 07201
  • Municipality: ROANE COUNTY - UNINCORPORATED
  • Latitude: 35.8705
  • Longitude: -84.5617

    Address

  • Full Address: 122 Lemons Ln
  • Address - House Number: 122
  • Address - Street Name: Lemons
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Harriman
  • Carrier Code: R001
  • 4-Digit Zip Code: 8241
  • Zip Code: 37748

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $109,500
  • Tax Rate Code Area: 73A00

    Appraisal Valuation

  • Standard Deviation: 0.1345
  • Valuation Date: Jan 25, 2023
  • Confidence Score: 73
  • Final Value: 248,260
  • High Value: 281,666
  • Low Value: 214,853

    Market Valuation

  • Market Total Value: $182,500
  • Market Land Value: $13,500
  • Market Improvement Value: $169,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,625
  • Assessed Land Value: $3,375
  • Assessed Improvements Value: $42,250

    Sales

  • Current Sale Contract Date: Jan 21, 2022
  • Current Sale Recording Date: Jan 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 739
  • Previous Sale Recording Date: Oct 11, 2019
  • Previous Sale Contract Date: Oct 09, 2019
  • Previous Sale Amount: $165,000
  • 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 Roane

Stats & Trends

Median Asking:

$353,000

Sale Price/ft²

$186

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2309 ft²

Average Home Age

43.1 years

Currently For Sale

262 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

Currently no nearby rentals
Realtracs

Listed by: Amber Ferrell, Mountain Home Realty
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3537556
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 122 Lemons Lane built and last sold?
The property at 122 Lemons Lane was built in 1978 and last sold on Jan 21, 2022 for $274,900.
How much is this home worth?
The estimated value of the home located at 122 Lemons Lane is $292,025.
What are some comparable homes to 122 Lemons Lane?
There are currently no comparable homes to 122 Lemons Lane.
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