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Claiborne 37879
125 Jerome Lane
Photo of 125 Jerome Lane
Sold on Nov 24, 2021

25

Map

Photo of 125 Jerome Lane
Photo of 125 Jerome Lane
$160,000
● Mobile Manufactured - Off Market

125 Jerome Lane

Tazewell, TN 37879
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,356 Ft²
$200,601
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Gorgeous mountain views from this open and spacious three bedroom, three bath manufactured home on a permanent foundation. New carpet, laminate flooring, and paint. This home features two very large master bedroom suites. Each with their own sitting rooms and private full baths complete with garden tubs and separate stand up showers. The doors to one of the primary bedrooms and private bath were widened for easier handicap accessibility. This home features an open living room with stack stone fireplace, dining room and large kitchen and island. Kitchen has lots of cabinet and counter space. Enjoy amazing mountain views from your 17 X 40 back deck. Detached (24x30) two-car garage and lots of extra storage space.
Unit Size
2,356 Ft²
Days on Market
22 days
Land Size
0.46 acres
Price per sqft
$76
Property Type
Mobile Manufactured
Property Taxes
$59
HOA Dues
-
Year Built
2006

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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: 5 months ago (Realtracs #RTC2893969)

Price History

Date / Event Date Event Price
Nov 24, 2021 Sold
Premium
Sold
Oct 3, 2021 Listed by Keller Williams $179,900
Listed by Keller Williams

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 45
  • 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: 4
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 2,356
  • Building Area: 2,356
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,356
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOOKOUT POINTE 2
  • Land Acres: 0000000460
  • Standard Land Use Code: 1006
  • County Land Use Code: 50
  • Mobile Home Indicator: T
  • Legal Description 1: DISTRICT: 01, COUNTY AREA: B01

Neighborhood

  • School District Name: Claiborne County School District
  • Census Tract: 970800

Geography

  • Assessors Map Reference: 070B
  • District: 01
  • Parcel: 070B C 00100
  • Lot: 28
  • Latitude: 36.4963
  • Longitude: -83.5478

    Address

  • Full Address: 125 Jerome Ln
  • Address - House Number: 125
  • Address - Street Name: Jerome
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Tazewell
  • Carrier Code: R012
  • 4-Digit Zip Code: 7709
  • Zip Code: 37879

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $100,500
  • Tax Rate Code Area: 13A00

    Appraisal Valuation

  • Standard Deviation: 0.4812
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 3
  • Final Value: 264,613
  • High Value: 391,949
  • Low Value: 137,276

    Market Valuation

  • Market Total Value: $174,800
  • Market Land Value: $10,400
  • Market Improvement Value: $164,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,700
  • Assessed Land Value: $2,600
  • Assessed Improvements Value: $41,100

    Sales

  • Current Sale Contract Date: Nov 24, 2021
  • Current Sale Recording Date: Nov 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21010817
  • Previous Sale Recording Date: Jul 19, 2021
  • Previous Sale Contract Date: Jul 08, 2021
  • Previous Sale Amount: $111,000
  • Previous Sale Document Type: 68
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 Claiborne

Stats & Trends

Median Asking:

$279,900

Sale Price/ft²

$164

Below Asking

0.02%

Average Days on Market

122

Average Home Size

2002 ft²

Average Home Age

34.9 years

Currently For Sale

153 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: Rick Cochran, Keller Williams
Last Updated: 5 months ago
Data Source: Realtracs, MLS# RTC2893969
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 125 Jerome Lane built and last sold?
The property at 125 Jerome Lane was built in 2006 and last sold on Nov 24, 2021 for $160,000.
How much is this home worth?
The estimated value of the home located at 125 Jerome Lane is $192,412.
What are some comparable homes to 125 Jerome Lane?
There are currently no comparable homes to 125 Jerome Lane.
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