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Hamblen 37814
1830 Lake Park Circle
Photo of 1830 Lake Park Circle
Sold on Feb 3, 2023

34

Map

Photo of 1830 Lake Park Circle
Photo of 1830 Lake Park Circle
$270,000
● House - Off Market

1830 Lake Park Circle

Morristown, TN 37814
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,311 Ft²
$266,441
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Enjoy a peaceful short drive to this beautiful home located just minutes to Panther Creek State Park in a quite subdivision with great neighbors, restaurants and shopping nearby as well. Wood floors throughout with tile in the bathrooms and kitchen. Vaulted ceilings in the Living room and Owner's suite. This amazing home has a 2-car garage upstairs along with an unfinished basement that has a garage door as well. The unfinished basement allows for extra storage, a game/rec room or a growing family, the possibilities are endless.
Unit Size
1,311 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$195
Property Type
House
Property Taxes
$60
HOA Dues
-
Year Built
1989

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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: 2 months ago (Realtracs #RTC3267875)

Price History

Date / Event Date Event Price
Feb 3, 2023 Sold
Premium
Sold
Jan 20, 2023 Listed by Mountain Home Realty $255,000
Listed by Mountain Home Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2004
  • 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: 25
  • 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: 6
  • Basement Area: 912
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,662,800
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 2,643
  • Gross Building Area: 2,643
  • Building Area: 1,311
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,311
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE PARK REV
  • Land Acres: 0000130000
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: LAKE PARK REV PB: C PG: 83 LOT: 13 130X119.38 IRR

Neighborhood

  • School District Name: Hamblen County School District
  • Census Tract: 101200

Geography

  • Assessors Map Reference: 039F
  • District: 02
  • Parcel: 039F-A-023.00
  • Lot: 13
  • Municipality: HAMBLEN COUNTY
  • Latitude: 36.1984
  • Longitude: -83.403

    Address

  • Full Address: 1830 Lake Park Cir
  • Address - House Number: 1830
  • Address - Street Name: Lake Park
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Morristown
  • Carrier Code: R014
  • 4-Digit Zip Code: 1467
  • Zip Code: 37814

Valuation

    Tax

  • Total Area: 1,311
  • Tax Year: 2023
  • Tax Amount: $71,900
  • Tax Rate Code Area: 32A00

    Appraisal Valuation

  • Standard Deviation: 0.2763
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 60
  • Final Value: 290,385
  • High Value: 370,644
  • Low Value: 210,127

    Market Valuation

  • Market Total Value: $145,900
  • Market Land Value: $19,000
  • Market Improvement Value: $126,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $36,475
  • Assessed Land Value: $4,750
  • Assessed Improvements Value: $31,725

    Sales

  • Current Sale Contract Date: Feb 02, 2023
  • Current Sale Recording Date: Feb 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 24184
  • Previous Sale Recording Date: Aug 14, 2013
  • Previous Sale Contract Date: Aug 12, 2013
  • Previous Sale Amount: $135,000
  • 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 Hamblen

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$189

Below Asking

0.02%

Average Days on Market

94

Average Home Size

2211 ft²

Average Home Age

40 years

Currently For Sale

88 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: Keela Payne, Mountain Home Realty
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3267875
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 1830 Lake Park Circle built and last sold?
The property at 1830 Lake Park Circle was built in 1989 and last sold on Feb 2, 2023 for $270,000.
How much is this home worth?
The estimated value of the home located at 1830 Lake Park Circle is $259,008.
What are some comparable homes to 1830 Lake Park Circle?
There are currently no comparable homes to 1830 Lake Park Circle.
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