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Roane 37774
131 Duke Lane
Photo of 131 Duke Lane
Sold on May 16, 2018

33

Map

Photo of 131 Duke Lane
Photo of 131 Duke Lane
$110,000
● Mobile Manufactured - Off Market

131 Duke Lane

Loudon, TN 37774
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,792 Ft²
$174,946
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Beautifully refurbished home on 1.5 acres - easy access to I40 and City of Loudon - New carpet, fresh paint, appliances stay 3 beds 2 baths - eat in kitchen - breakfast area, dining room, living room, large master with ensuite bathroom, walk in closet 2 additional bedrooms with guest bathroom. Home eligible for 100% THDA and VA financing, 96.5% FHA financing, Poss Seller financing Available.
Unit Size
1,792 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$64
Property Type
Mobile Manufactured
Property Taxes
$31
HOA Dues
-
Year Built
2003

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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: 17 days ago (Realtracs #RTC3065832)

Price History

Date / Event Date Event Price
May 16, 2018 Sold
Premium
Sold
Mar 22, 2018 Listed by New Creation Real Estate $114,900
Listed by New Creation Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 1,792
  • Building Area: 1,792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,792
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REYNOLDS & KITTS S/D
  • Land Acres: 0000001500
  • Standard Land Use Code: 1006
  • County Land Use Code: 50
  • Mobile Home Indicator: T
  • Legal Description 1: DISTRICT: 4; SUBDIVISION: REYNOLDS & KITTS S/D

Neighborhood

  • School District Name: Roane County School District
  • Census Tract: 030302

Geography

  • Assessors Map Reference: 108
  • District: 04
  • Parcel: 073108 07900
  • Lot: 26
  • Municipality: ROANE COUNTY - UNINCORPORATED
  • Latitude: 35.7497
  • Longitude: -84.4665

    Address

  • Full Address: 131 Duke Ln
  • Address - House Number: 131
  • Address - Street Name: Duke
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Loudon
  • Carrier Code: R001
  • 4-Digit Zip Code: 7632
  • Zip Code: 37774

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $72,300
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 73A00

    Appraisal Valuation

  • Standard Deviation: 0.1345
  • Valuation Date: Jan 25, 2023
  • Confidence Score: 73
  • Final Value: 119,587
  • High Value: 135,678
  • Low Value: 103,495

    Market Valuation

  • Market Total Value: $120,500
  • Market Land Value: $18,800
  • Market Improvement Value: $101,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,125
  • Assessed Land Value: $4,700
  • Assessed Improvements Value: $25,425

    Sales

  • Current Sale Contract Date: May 15, 2018
  • Current Sale Recording Date: Jun 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 18003639
  • Previous Sale Recording Date: Feb 09, 2018
  • Previous Sale Contract Date: Feb 09, 2018
  • Previous Sale Amount: $51,400
  • Previous Sale Document Type: 69
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:

$350,500

Sale Price/ft²

$189

Below Asking

0.01%

Average Days on Market

86

Average Home Size

2273 ft²

Average Home Age

42.9 years

Currently For Sale

278 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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Realtracs

Listed by: MELANIE SIMS, New Creation Real Estate
Last Updated: 17 days ago
Data Source: Realtracs, MLS# RTC3065832
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 131 Duke Lane built and last sold?
The property at 131 Duke Lane was built in 2003 and last sold on May 15, 2018 for $110,000.
How much is this home worth?
The estimated value of the home located at 131 Duke Lane is $128,531.
What are some comparable homes to 131 Duke Lane?
There are currently no comparable homes to 131 Duke Lane.
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