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Hardin 38372
205 RIDGE RD
Photo of 205 RIDGE RD
Sold on Jun 30, 2023

25

Map

Photo of 205 RIDGE RD
Photo of 205 RIDGE RD
$306,500
● House - Off Market

205 RIDGE RD

Savannah, TN 38372
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$289,485
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

This charming home is located right outside of the city limits of Savannah w/lots of space to offer your family. Home has 3 bedrooms, 2.5 baths, all kitchen appliances stay, WALK IN PANTRY and what everyone is wanting a 40x80 SHOP!! Home is also located about 10 minutes from Pickwick Lake & State Golf Course!!
Unit Size
-
Days on Market
-
Land Size
1.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$61
HOA Dues
-
Year Built
1993

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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 #RTC3009823)

Price History

Date / Event Date Event Price
Jun 30, 2023 Sold
Premium
Sold
Oct 20, 2022 Listed by Tiffany Jones Realty Group, LLC $289,000
Listed by Tiffany Jones Realty Group, LLC
Oct 6, 2021 No longer available -
No longer available
Jun 25, 2021 In contract -
In contract
Jun 9, 2021 Listed by List 4 Less Realty $249,900
Listed by List 4 Less Realty
Beautiful Brick home featuring granite countertops, open kitchen, dining and living area, spacious layout, huge 40 x 80 shop, screened-in back porch with sink and grill, large covered patio, 2 car garage. This home has tons of storage. Only a few minutes from Pickwick and Savannah! All appliances including new washer and dryer stay with the property!

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • 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: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 1,134
  • Parking Space Count: 6
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,965
  • Total Building Area: 1,215
  • Building Area: 1,215
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 1,215
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001170
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: SEE DEED FOR TITLE

Neighborhood

  • School District Name: Hardin County School District
  • Census Tract: 920501

Geography

  • Assessors Map Reference: 120
  • District: 05
  • Parcel: 036120 06104
  • Latitude: 35.1241
  • Longitude: -88.2525

    Address

  • Full Address: 205 Ridge Rd
  • Address - House Number: 205
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Savannah
  • Carrier Code: R004
  • 4-Digit Zip Code: 6680
  • Zip Code: 38372

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $88,500
  • Tax Rate Code Area: 36A00

    Appraisal Valuation

  • Standard Deviation: 0.4456
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 10
  • Final Value: 161,624
  • High Value: 233,651
  • Low Value: 89,596

    Market Valuation

  • Market Total Value: $202,300
  • Market Land Value: $7,900
  • Market Improvement Value: $194,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,575
  • Assessed Land Value: $1,975
  • Assessed Improvements Value: $48,600

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 169018
  • Previous Sale Recording Date: Aug 12, 2021
  • Previous Sale Contract Date: Aug 10, 2021
  • Previous Sale Amount: $254,400
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Hardin

Stats & Trends

Median Asking:

$264,450

Sale Price/ft²

$163

Below Asking

0.04%

Average Days on Market

92

Average Home Size

1928 ft²

Average Home Age

30 years

Currently For Sale

106 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: Tara King, Tiffany Jones Realty Group, LLC
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3009823
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 205 Ridge Road built and last sold?
The property at 205 Ridge Road was built in 1993 and last sold on Jun 30, 2023 for $306,500.
How much is this home worth?
The estimated value of the home located at 205 Ridge Road is $291,890.
What are some comparable homes to 205 Ridge Road?
There are currently no comparable homes to 205 Ridge Road.
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