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Tellico Village 37774
227 Mialaquo Circle
Photo of 227 Mialaquo Circle
Sold on Jul 16, 2021

2

Map

Photo of 227 Mialaquo Circle
$328,000
● House - Off Market

227 Mialaquo Circle

Loudon, TN 37774
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$323,499
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

To be built. Beautiful Villa home on level lot in the Award Winning Tellico Village Community. Comfortable living and a spacious interior are available in this home. Boxed ceilings are used in the Great room and Master suite allowing natural light to flow throughout. A centered fireplace in the great room allows family to be entertained. The optional computer center gives great use to space for getting work done. The dining room is open to the kitchen and both can enjoy a view of the great room fireplace if desired. Also available off the kitchen is a walk-in pantry and laundry room. All bedrooms have walk-in closets and close proximity to a bathroom. A vaulted ceiling is used in the front bedroom making the perfect study or home office. Out back relax on your covered porch.
Unit Size
1,600 Ft²
Days on Market
501 days
Land Size
0.28 acres
Price per sqft
$175
Property Type
House
Property Taxes
$4
HOA Dues
$136
Year Built
2021

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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: 4 months ago (Realtracs #RTC2847412)

Price History

Date / Event Date Event Price
Jul 16, 2021 Sold
Premium
Sold
Mar 2, 2020 Listed by Keller Williams West Knoxville $279,900
Listed by Keller Williams West Knoxville

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 5
  • Construction Type: 0
  • Building Style: 58
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 616
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 2,184
  • Gross Building Area: 2,184
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MIALAQUO COVES
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 03
  • State Land Use Code: C00
  • Legal Description 1: MIALAQUO COVES BLK: 5 LOT: 6 01 074P E 074P 00600 000

Neighborhood

  • School District Name: Loudon County School District
  • School Tax School District: 53957
  • Census Tract: 060504

Geography

  • Assessors Map Reference: 068N
  • District: 01
  • Parcel: 068N-D-006.00
  • Block: 5
  • Lot: 6
  • Municipality: TELLICO VILLAGE
  • Latitude: 35.6593
  • Longitude: -84.2757

    Address

  • Full Address: 227 Mialaquo Cir
  • Address - House Number: 227
  • Address - Street Name: Mialaquo
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Loudon
  • Carrier Code: R006
  • 4-Digit Zip Code: 6803
  • Zip Code: 37774

Valuation

    Tax

  • Total Area: 1,568
  • Tax Year: 2022
  • Tax Amount: $116,400
  • Tax Rate Code Area: 53A05

    Appraisal Valuation

  • Standard Deviation: 0.1908
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 496,359
  • High Value: 591,078
  • Low Value: 401,641

    Market Valuation

  • Market Total Value: $306,700
  • Market Land Value: $15,000
  • Market Improvement Value: $291,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $76,675
  • Assessed Land Value: $3,750
  • Assessed Improvements Value: $72,925

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21014041
  • Previous Sale Recording Date: Jul 21, 2021
  • Previous Sale Contract Date: Jun 16, 2021
  • Previous Sale Amount: $328,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Tellico Village

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$271

Below Asking

0.01%

Average Days on Market

94

Average Home Size

2834 ft²

Average Home Age

16.1 years

Currently For Sale

100 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: Jamie Smith, Keller Williams West Knoxville
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC2847412
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 227 Mialaquo Circle built and last sold?
The property at 227 Mialaquo Circle was built in 2021 and last sold on Oct 29, 2021 for $425,000.
How much is this home worth?
The estimated value of the home located at 227 Mialaquo Circle is $271,456.
What are some comparable homes to 227 Mialaquo Circle?
There are currently no comparable homes to 227 Mialaquo Circle.
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