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Morristown 37814
2666 Lakemoore Drive
Photo of 2666 Lakemoore Drive
Sold on Mar 24, 2022

25

Map

Photo of 2666 Lakemoore Drive
Photo of 2666 Lakemoore Drive
$250,000
● House - Off Market

2666 Lakemoore Drive

Morristown, TN 37814
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,677 Ft²
$267,738
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Basement Rancher with so much to offer! Open concept with updated Kitchen with granite countertops and stainless steel appliances, there is even a wine cooler! Hardwood floor throughout. Main level you will find 2 Bedrooms and Master Bedroom with a huge walk-in closet and you will fall in love with the walk-in shower with double shower heads and dual controls! There is a screened in porch perfect for grilling and a nice sized deck to watch the kiddos play in the backyard. Downstairs in the basement there is an Office, Laundry Room, a Storage Room, a Rec Room with a kids playhouse built in under the stairs. Basement is partially finished and not all of it is included in the sf of this home. There is also a 2 car garage. All Appliances convey including the washer and dryer.
Unit Size
1,677 Ft²
Days on Market
31 days
Land Size
0.34 acres
Price per sqft
$155
Property Type
House
Property Taxes
$77
HOA Dues
-
Year Built
1962

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Cap Rate Calculator

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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 #RTC3076026)

Price History

Date / Event Date Event Price
Mar 24, 2022 Sold
Premium
Sold
Jan 27, 2022 Listed by Your Home Sold Guaranteed Realty $259,999
Listed by Your Home Sold Guaranteed Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • 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: 6
  • Basement Area: 1,326
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,671
  • Gross Building Area: 2,671
  • Building Area: 1,683
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 1,683
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEMOORE
  • Land Acres: 0000100000
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: LAKEMOORE PB: B PG: 137 LOT: 57 100X150

Neighborhood

  • School District Name: Hamblen County School District
  • School Tax School District: 32500
  • Census Tract: 100100

Geography

  • Assessors Map Reference: 025B
  • District: 01
  • Parcel: 025B-A-006.00
  • Lot: 57
  • Municipality: MORRISTOWN
  • Latitude: 36.2523
  • Longitude: -83.2797

    Address

  • Full Address: 2666 Lakemoore Dr
  • Address - House Number: 2666
  • Address - Street Name: Lakemoore
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Morristown
  • Carrier Code: R011
  • 4-Digit Zip Code: 5931
  • Zip Code: 37814

Valuation

    Tax

  • Total Area: 1,345
  • Tax Year: 2023
  • Tax Amount: $57,800
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 32B01

    Appraisal Valuation

  • Standard Deviation: 0.136
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 84
  • Final Value: 266,401
  • High Value: 302,646
  • Low Value: 230,155

    Market Valuation

  • Market Total Value: $131,400
  • Market Land Value: $21,400
  • Market Improvement Value: $110,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $32,850
  • Assessed Land Value: $5,350
  • Assessed Improvements Value: $27,500

    Sales

  • Current Sale Contract Date: Mar 24, 2022
  • Current Sale Recording Date: Mar 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14904
  • Previous Sale Recording Date: Apr 23, 2018
  • Previous Sale Contract Date: Apr 23, 2018
  • Previous Sale Amount: $80,000
  • 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 Morristown

Stats & Trends

Median Asking:

$274,900

Sale Price/ft²

$182

Below Asking

0.02%

Average Days on Market

108

Average Home Size

1498 ft²

Average Home Age

43.2 years

Currently For Sale

36 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: Tracy King, Your Home Sold Guaranteed Realty
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3076026
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 2666 Lakemoore Drive built and last sold?
The property at 2666 Lakemoore Drive was built in 1962 and last sold on Mar 24, 2022 for $250,000.
How much is this home worth?
The estimated value of the home located at 2666 Lakemoore Drive is $263,876.
What are some comparable homes to 2666 Lakemoore Drive?
There are currently no comparable homes to 2666 Lakemoore Drive.
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