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Jefferson 37725
1642 Sockless
Photo of 1642 Sockless
Sold on May 5, 2021

35

Map

Photo of 1642 Sockless
Photo of 1642 Sockless
$191,610
● House - Off Market

1642 Sockless

Dandridge, TN 37725
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$212,910
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Remarkable opportunity to own home on unrestricted land in Jefferson County! Very nice one-level ranch style home with masonite siding (a long-lasting cement-based product) in a great location sitting on over 3 acres of mostly level land.  Large fenced area for pets, wooded acreage in rear. Appliances present in the home will convey with the sale. *NOTE: There is a gas line easement through property. Square footage taken from Tax records.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
3.04 acres
Price per sqft
$119
Property Type
House
Property Taxes
$70
HOA Dues
-
Year Built
1991

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Cap Rate Calculator

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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: 2 months ago (Realtracs #RTC3236519)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
May 5, 2021 Sold
Premium
Sold
Mar 3, 2021 Listed by Prime Mountain Properties $179,000
Listed by Prime Mountain Properties
Dec 2, 2020 In contract -
In contract
Nov 26, 2020 Listed $179,900
Listed
Ranch style home located just minutes from Douglas lake in one direction and interstate 40 just minutes the opposite direction. About 10 minutes to Dandridge and 15 minutes to Sevierville. Price of home reflects cosmetic upgrades needed and is being sold as is. Great location long driveway that can easily park many vehicles and RV's. Land is 3 acres mostly level with some wooded acreage in back, large section behind the home is fenced in for pets. Bring the chickens, horses and goats. HVAC unit is original to home when built runs great just will soon need to be upgraded. All appliances including washer and dryer included. Tankless water heater helps save on costs to heat water. The manager has listed the unit size as 1982 square feet.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 2001
  • Building Count: 1
  • 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: 0
  • 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: 3
  • Basement Area: 480
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 132,422
  • Total Building Area: 1,982
  • Gross Building Area: 1,982
  • Building Area: 1,982
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 1,982
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: W C SIMMS PROPERTY
  • Land Acres: 0000003040
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: W C SIMMS PROPERTY PB: E PG: 90 LOT: 01

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 070802

Zoning

  • Zoning: A-1

Geography

  • Assessors Map Reference: 080
  • District: 02
  • Subdivision Tract Number: 1
  • Parcel: 080-033.05
  • Lot: 1
  • Municipality: JEFFERSON CNTY-UNINCORPORATED
  • Latitude: 35.9797
  • Longitude: -83.5408

    Address

  • Full Address: 1642 Sockless Rd
  • Address - House Number: 1642
  • Address - Street Name: Sockless
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Dandridge
  • Carrier Code: R005
  • 4-Digit Zip Code: 5807
  • Zip Code: 37725

Valuation

    Tax

  • Total Area: 1,502
  • Tax Year: 2022
  • Tax Amount: $83,900
  • Tax Rate Code Area: 45A00

    Appraisal Valuation

  • Standard Deviation: 0.1139
  • Valuation Date: May 24, 2023
  • Confidence Score: 88
  • Final Value: 173,154
  • High Value: 192,883
  • Low Value: 153,424

    Market Valuation

  • Market Total Value: $153,300
  • Market Land Value: $43,600
  • Market Improvement Value: $109,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,325
  • Assessed Land Value: $10,900
  • Assessed Improvements Value: $27,425

    Sales

  • Current Sale Contract Date: May 03, 2021
  • Current Sale Recording Date: May 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21004446
  • Previous Sale Recording Date: Oct 19, 2018
  • Previous Sale Contract Date: Oct 11, 2018
  • Previous Sale Amount: $46,133
  • 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 Jefferson

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$228

Below Asking

0.02%

Average Days on Market

87

Average Home Size

1930 ft²

Average Home Age

29.7 years

Currently For Sale

299 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: Jane Terrell, Prime Mountain Properties
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3236519
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 1642 Sockless Road built and last sold?
The property at 1642 Sockless Road was built in 1991 and last sold on May 3, 2021 for $191,610.
How much is this home worth?
The estimated value of the home located at 1642 Sockless Road is $188,309.
What are some comparable homes to 1642 Sockless Road?
There are currently no comparable homes to 1642 Sockless Road.
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