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McNairy 38375
152 SHELTON LOOP
Photo of 152 SHELTON LOOP
Sold on May 13, 2024

25

Map

Photo of 152 SHELTON LOOP
Photo of 152 SHELTON LOOP
$280,000
● House - Off Market

152 SHELTON LOOP

Michie, TN 38375
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$1,614
Est. Monthly

About This Property

WOW!! This home is incredible & has so much to offer you & your family! Awesome set up that includes 3 bedrooms, 2 baths, covered patio perfect for entertaining friends & family, SHOP w/2 garage doors & drive to each door, pool, & all appliances stay! High speed internet is available.
Unit Size
-
Days on Market
-
Land Size
1.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$47
HOA Dues
-
Year Built
1989

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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: 2 months ago (Realtracs #RTC3009862)

Price History

Date / Event Date Event Price
May 13, 2024 Sold
Premium
Sold
Aug 21, 2022 Listed by Tiffany Jones Realty Group, LLC $319,000
Listed by Tiffany Jones Realty Group, LLC

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1998
  • 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: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,302
  • Total Building Area: 1,706
  • Building Area: 1,706
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,706
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001040
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: DISTRICT: 2

Neighborhood

  • School District Name: McNairy County School District
  • Census Tract: 930300

Geography

  • Assessors Map Reference: 081
  • District: 02
  • Parcel: 055081 00207
  • Municipality: MCNAIRY COUNTY-UNINCORPORATED
  • Latitude: 35.1953
  • Longitude: -88.6609

    Address

  • Full Address: 152 Shelton Loop
  • Address - House Number: 152
  • Address - Street Name: Shelton
  • Address - Suffix Type: Loop
  • State: TN
  • City Name: Selmer
  • Carrier Code: R001
  • 4-Digit Zip Code: 5136
  • Zip Code: 38375

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $57,400
  • Tax Rate Code Area: 55A00

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 81
  • Final Value: 310,750
  • High Value: 357,691
  • Low Value: 263,809

    Market Valuation

  • Market Total Value: $145,600
  • Market Land Value: $5,200
  • Market Improvement Value: $140,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,400
  • Assessed Land Value: $1,300
  • Assessed Improvements Value: $35,100

    Sales

  • Current Sale Contract Date: Jan 10, 2024
  • Current Sale Recording Date: Jan 29, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 134296
  • Previous Sale Recording Date: Oct 22, 2002
  • Previous Sale Amount: $350
  • Previous 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 McNairy

Stats & Trends

Median Asking:

$210,000

Sale Price/ft²

$150

Below Asking

0.02%

Average Days on Market

72

Average Home Size

2131 ft²

Average Home Age

44 years

Currently For Sale

19 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: Tara King, Tiffany Jones Realty Group, LLC
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3009862
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 152 Shelton Loop built and last sold?
The property at 152 Shelton Loop was built in 1989 and last sold on Jan 10, 2024 for $700.
How much is this home worth?
The estimated value of the home located at 152 Shelton Loop is $322,190.
What are some comparable homes to 152 Shelton Loop?
There are currently no comparable homes to 152 Shelton Loop.
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