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Alcoa 37701
1520 Aberdeen Drive
Photo of 1520 Aberdeen Drive
Sold on Dec 3, 2024

25

Map

Photo of 1520 Aberdeen Drive
Photo of 1520 Aberdeen Drive
$189,900
● Land - Off Market

1520 Aberdeen Drive

Alcoa, TN 37701
bedrooms
Studio
bathrooms
0 Bath
$1,044
Est. Monthly

About This Property

UNIQUE OPPORTUNITY to own one OR two lots in the prestigious St Ives subdivision of Alcoa City! 1520 Aberdeen Dr (lot 98) is adjacent to a second lot (lot 97) that is also listed for sale. This upscale neighborhood that boasts lovely mountain views is located in the Foothills of the Smoky Mountains and zoned for the highly rated Alcoa School District with close proximity to Green Meadow Country Club, McGhee Tyson Airport, the newly developed Springbrook Farms, Springbrook Park and Pool, Ft Loudon Lake, interstate and all other city amenities. This level lot is ready for your dream home with all utilities at the street. HOA fees are only $125 annually which cover street maintenance, sidewalks and entryway. Refer to MLS #1272291 for the adjacent lot that is listed for sale.
Unit Size
-
Days on Market
-
Land Size
0.36 acres
Price per sqft
-
Property Type
Land
Property Taxes
$62
HOA Dues
-
Year Built
-

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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: 14 days ago (Realtracs #RTC3604339)

Price History

Date / Event Date Event Price
Dec 3, 2024 Sold
Premium
Sold
Aug 7, 2024 Listed by The Price Agency, Realty Execu $199,900
Listed by The Price Agency, Realty Execu
May 14, 2022 No longer available -
No longer available
Apr 25, 2022 In contract -
In contract
Apr 14, 2022 Listed by Keller Williams Signature $175,000
Listed by Keller Williams Signature
Fabulous level lot in prestigious St Ives! Sitting among gorgeous executive home sites, the owners have 2 side-by-side lots to sell (Lots 97 & 98) that back-up to a quiet cul-de-sac. Subdivision features sidewalks; street lanterns; city utilities; gorgeous mountain & golf course views. Borders Green Meadows Country Club (only private club in Blount County) & convenient to Greenbelt walking path, Springbrook Development, schools, shopping, restaurants, & more! Perfect for your dream home!

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • 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: 15,682
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: ST IVES
  • Land Acres: 0000000360
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • Legal Description 1: ST IVES PH 3 98 1687A

Neighborhood

  • School District Name: Alcoa City School District
  • School Tax School District: 05012
  • Census Tract: 010200

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: 036O
  • District: 09
  • Parcel: 005036O B 02300
  • Lot: 98
  • Municipality: ALCOA
  • Latitude: 35.7862
  • Longitude: -83.9966

    Address

  • Full Address: 1520 Aberdeen Dr
  • Address - House Number: 1520
  • Address - Street Name: Aberdeen
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Alcoa
  • Carrier Code: C005
  • 4-Digit Zip Code: 6821
  • Zip Code: 37701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $82,925
  • Tax Rate Code Area: 05A01

    Market Valuation

  • Market Total Value: $90,000
  • Market Land Value: $90,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,500
  • Assessed Land Value: $22,500
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 Alcoa

Stats & Trends

Median Asking:

$330,000

Sale Price/ft²

$237

Below Asking

0.01%

Average Days on Market

83

Average Home Size

1746 ft²

Average Home Age

55.3 years

Currently For Sale

31 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: Sara Price, The Price Agency, Realty Execu
Last Updated: 14 days ago
Data Source: Realtracs, MLS# RTC3604339
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 1520 Aberdeen Drive built and last sold?
The property at 1520 Aberdeen Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1520 Aberdeen Drive is $201,899.
What are some comparable homes to 1520 Aberdeen Drive?
There are currently no comparable homes to 1520 Aberdeen Drive.
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