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Jackson 38301
124 Penny
$206,679*
● House - Off Market

124 Penny

Jackson, TN 38301
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,346 Ft²
$180,000 - $218,000
Reference Base Price*
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Newly renovated 3 bedroom, 2 bath home located in South Jackson! Features new flooring, new paint, new stainless appliances, updated lighting, and so much more! Recently added water filtration system, 2 storage buildings included and a new fenced in backyard. Come check it out today before it's gone! For more information call the Haltom Home Team or visit our website at www.HaltomHomeTeam.com

The manager has listed the unit size as 1346 square feet.
Unit Size
1,346 Ft²
Days on Market
-
Land Size
-
Price per sqft
$149
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1996

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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.

Price History

Date / Event Date Event Price
Aug 23, 2022 No longer available -
No longer available
Jul 24, 2022 In contract -
In contract
Jul 19, 2022 Listed $199,900
Listed
Oct 8, 2021 No longer available -
No longer available
Sep 4, 2021 In contract -
In contract
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 25
  • 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: 1
  • Garage Square Area: 477
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,690
  • Lot Size Frontage Feet: 1,140
  • Total Building Area: 1,823
  • Gross Building Area: 1,823
  • Building Area: 1,346
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,346
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIRAMS VALLEY
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: HIRAMS VALLEY PB 0006 PG 0241 BLK 0006 LOT 0060 114.56X169.63X111.83 X169.82

Neighborhood

  • School District Name: Jackson-Madison County School System
  • School Tax School District: 57359
  • Census Tract: 001300

Geography

  • Assessors Map Reference: 109C
  • District: 01
  • Parcel: 109C-E-005.01
  • Block: 6
  • Lot: 60
  • Municipality: JACKSON
  • Latitude: 35.568
  • Longitude: -88.7927

    Address

  • Full Address: 124 Penny Ln
  • Address - House Number: 124
  • Address - Street Name: Penny
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Jackson
  • Carrier Code: C008
  • 4-Digit Zip Code: 7625
  • Zip Code: 38301

Valuation

    Tax

  • Total Area: 1,346
  • Tax Year: 2023
  • Tax Amount: $56,300
  • Tax Rate Code Area: 57A02

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 427,247
  • High Value: 623,411
  • Low Value: 231,082

    Market Valuation

  • Market Total Value: $139,800
  • Market Land Value: $13,500
  • Market Improvement Value: $126,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $34,950
  • Assessed Land Value: $3,375
  • Assessed Improvements Value: $31,575

    Sales

  • Current Sale Contract Date: Aug 18, 2022
  • Current Sale Recording Date: Aug 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11076
  • Previous Sale Recording Date: Oct 08, 2021
  • Previous Sale Contract Date: Oct 06, 2021
  • Previous Sale Amount: $159,900
  • 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 Jackson

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$152

Below Asking

0.02%

Average Days on Market

78

Average Home Size

3297 ft²

Average Home Age

41.4 years

Currently For Sale

46 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

Rentals Near You

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Frequently Asked Questions

When was property at 124 Penny Lane built and last sold?
The property at 124 Penny Lane was built in 1996 and last sold on Aug 18, 2022 for $208,400.
How much is this home worth?
The estimated value of the home located at 124 Penny Lane is $230,595.
What are some comparable homes to 124 Penny Lane?
There are currently no comparable homes to 124 Penny Lane.
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