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Jefferson 37871
2614 Pinecrest Lane
Photo of 2614 Pinecrest Lane

20

Map

Photo of 2614 Pinecrest Lane
Photo of 2614 Pinecrest Lane
$134,900
● House - Off Market

2614 Pinecrest Lane

Strawberry Plains, TN 37871
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$698
Est. Monthly

About This Property

Investor Special. This house needs TLC but could be a very nice home. New roof and 6'' gutters. Updated windows. Sellers will eventually remodel the whole house and price will increase accordingly. House sold AS IS, sellers make no representation and warranties to the condition of the property. All offers considered. OWNER/AGENT
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$134
Property Type
House
Property Taxes
$35
HOA Dues
-
Year Built
1978

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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: 3 months ago (Realtracs #RTC2842486)

Price History

Date / Event Date Event Price
Feb 15, 2022 Sold
Premium
Sold
Jan 22, 2022 Listed by Realty Executives Associates $140,000
Listed by Realty Executives Associates
Investor Special. This house needs TLC but could be a very nice home. New roof and 6'' gutters. Updated windows. Sellers will eventually remodel the whole house and price will increase accordingly. House sold AS IS, sellers make no representation and warranties to the condition of the property. OWNER/AGENT
Jun 8, 2021 Listed by Realty Executives Associates $134,900
Listed by Realty Executives Associates

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 2,016
  • Gross Building Area: 2,052
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROOKS ACRES NO 2
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 51
  • State Land Use Code: C00
  • Legal Description 1: BROOKS ACRES NO 2 PB: D PG: 53 LOT: 0059 105X153

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 070500

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 053E
  • District: 06
  • Parcel: 053E-A-018.00
  • Lot: 59
  • Municipality: JEFFERSON CNTY-UNINCORPORATED
  • Latitude: 36.0533
  • Longitude: -83.6427

    Address

  • Full Address: 2614 Pinecrest Ln
  • Address - House Number: 2614
  • Address - Street Name: Pinecrest
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Strawberry Plains
  • Carrier Code: R004
  • 4-Digit Zip Code: 3812
  • Zip Code: 37871

Valuation

    Tax

  • Total Area: 1,008
  • Tax Year: 2022
  • Tax Amount: $41,700
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 45A00

    Appraisal Valuation

  • Standard Deviation: 0.1121
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 88
  • Final Value: 130,875
  • High Value: 145,553
  • Low Value: 116,197

    Market Valuation

  • Market Total Value: $76,200
  • Market Land Value: $19,000
  • Market Improvement Value: $57,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,050
  • Assessed Land Value: $4,750
  • Assessed Improvements Value: $14,300

    Sales

  • Current Sale Contract Date: Apr 12, 2021
  • Current Sale Recording Date: May 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 21004556
  • Previous Sale Recording Date: May 31, 2000
  • Previous Sale Amount: $72,844
  • Previous Sale Document Type: 27
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:

$439,000

Sale Price/ft²

$227

Below Asking

0.02%

Average Days on Market

90

Average Home Size

2426 ft²

Average Home Age

28.6 years

Currently For Sale

265 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: Robert Saunders, Realty Executives Associates
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC2842486
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 2614 Pinecrest Lane built and last sold?
The property at 2614 Pinecrest Lane was built in 1978 and last sold on Apr 12, 2021 for $62,376.
How much is this home worth?
The estimated value of the home located at 2614 Pinecrest Lane is $147,159.
What are some comparable homes to 2614 Pinecrest Lane?
There are currently no comparable homes to 2614 Pinecrest Lane.
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