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Knox 37849
2205 Cripple Oak Lane
Photo of 2205 Cripple Oak Lane
Sold on May 28, 2021

27

Map

Photo of 2205 Cripple Oak Lane
Photo of 2205 Cripple Oak Lane
$220,000
● House - Off Market

2205 Cripple Oak Lane

Powell, TN 37849
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,132 Ft²
$235,509
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

BEAUTIFUL, ONE LEVEL, 3 BEDROOM 2 BATH HOME IN THE HEART OF POWELL. When you enter the home, you will be greeted by a bright living room with CATHEDRAL ceilings and a cozy gas fireplace. Continue into the kitchen with updated STAINLESS STEEL appliances. Step out on the patio to the spacious fenced backyard or enjoy the shaded front porch. You will love the MASTER SUITE with WALK IN CLOSET and ensuite bathroom for your privacy. 2 car garage. Ample closet storage! Minutes from Emory Rd restaurants and stores.
Unit Size
1,132 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$175
Property Type
House
Property Taxes
$59
HOA Dues
-
Year Built
2002

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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: 4 months ago (Realtracs #RTC3290726)

Price History

Date / Event Date Event Price
May 28, 2021 Sold
Premium
Sold
Apr 20, 2021 Listed by Century 21 MVP $198,000
Listed by Century 21 MVP

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 25
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,012
  • Lot Size Depth Feet: 1,315
  • Lot Size Frontage Feet: 731
  • Total Building Area: 1,132
  • Gross Building Area: 1,132
  • Building Area: 1,132
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,132
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELL PLACE S/D UNIT 1
  • Land Acres: 0000000276
  • Standard Land Use Code: 1001
  • County Land Use Code: 16
  • Legal Description 1: SUBDIVISIONNAME BELL PLACE S/D UNIT 1 MAPPLATB 20000127 MAPPLATP 0005583 DIMENSIONS 73.12 X 131.49 X IRR

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 006103

Geography

  • Assessors Map Reference: MAP #56H
  • District: COU
  • Parcel: 056HD008
  • Lot: 78
  • Municipality: COUNTY OF KNOX
  • Latitude: 36.04
  • Longitude: -84.0482

    Address

  • Full Address: 2205 Cripple Oak Ln
  • Legal Unit: 1
  • Address - House Number: 2205
  • Address - Street Name: Cripple Oak
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Powell
  • Carrier Code: R005
  • 4-Digit Zip Code: 7170
  • Zip Code: 37849

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $80,100

    Appraisal Valuation

  • Standard Deviation: 0.4992
  • Valuation Date: Dec 06, 2023
  • Final Value: 298,903
  • High Value: 448,116
  • Low Value: 149,689

    Market Valuation

  • Market Total Value: $206,200
  • Market Land Value: $25,000
  • Market Improvement Value: $181,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,550

    Sales

  • Current Sale Contract Date: May 26, 2021
  • Current Sale Recording Date: May 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202105270097888
  • Previous Sale Recording Date: Sep 01, 2017
  • Previous Sale Contract Date: Aug 31, 2017
  • Previous Sale Amount: $148,000
  • 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 Knox

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

91

Average Home Size

2190 ft²

Average Home Age

37.7 years

Currently For Sale

1966 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: Rasa Baldino, Century 21 MVP
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3290726
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 2205 Cripple Oak Lane built and last sold?
The property at 2205 Cripple Oak Lane was built in 2002 and last sold on May 26, 2021 for $220,000.
How much is this home worth?
The estimated value of the home located at 2205 Cripple Oak Lane is $319,662.
What are some comparable homes to 2205 Cripple Oak Lane?
There are currently no comparable homes to 2205 Cripple Oak Lane.
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