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Anderson 37849
3008 CLINTON Highway
$25,000
● House - Off Market

3008 CLINTON Highway

Powell, TN 37849
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,200 Ft²
$54,344
RealtyHop Estimate
118.26%
Since Jul 1, 2011
National-US
Primary Model

About This Property

Talk about potential. Do you need space for a home based business? 2 private acres with some Clinton Highway frontage. Current access to the house is from Lonesome Dove. Home is livable, but does need renovation. Check it out and see the potential for yourself!
Unit Size
1,200 Ft²
Days on Market
93 days
Land Size
2.00 acres
Price per sqft
$21
Property Type
House
Property Taxes
$51
HOA Dues
-
Year Built
1935

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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: 8 months ago ( #165777)

Price History

Date / Event Date Event Price
Jun 24, 2011 Sold
Premium
Sold
Mar 23, 2011 Listed by ReMax Preferred Properties, In $24,899
Listed by ReMax Preferred Properties, In

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 6
  • Basement Area: 1,120
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 94
  • Porch Type: 98
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,628
  • Total Building Area: 2,320
  • Gross Building Area: 2,320
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001300
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: 01 097 097 22300 000

Neighborhood

  • School District Name: Anderson County School District
  • Census Tract: 021304

Geography

  • Assessors Map Reference: 097
  • District: 01
  • Parcel: 097-223.00
  • Municipality: ANDERSON COUNTY
  • Latitude: 36.0256
  • Longitude: -84.0885

    Address

  • Full Address: 3008 Clinton Hwy
  • Address - House Number: 3008
  • Address - Street Name: Clinton
  • Address - Suffix Type: Hwy
  • State: TN
  • City Name: Powell
  • Carrier Code: R012
  • 4-Digit Zip Code: 7439
  • Zip Code: 37849

Valuation

    Tax

  • Total Area: 1,200
  • Tax Year: 2023
  • Tax Amount: $62,400
  • Tax Rate Code Area: 01A00

    Appraisal Valuation

  • Standard Deviation: 0.2771
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 60
  • Final Value: 203,943
  • High Value: 260,476
  • Low Value: 147,410

    Market Valuation

  • Market Total Value: $94,900
  • Market Land Value: $26,900
  • Market Improvement Value: $68,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $23,725
  • Assessed Land Value: $6,725
  • Assessed Improvements Value: $17,000

    Sales

  • Current Sale Contract Date: May 16, 2011
  • Current Sale Recording Date: Jul 19, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 11005973
  • Previous Sale Recording Date: Sep 13, 2010
  • Previous Sale Amount: $29,750
  • 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 Anderson

Stats & Trends

Median Asking:

$359,500

Sale Price/ft²

$206

Below Asking

0.01%

Average Days on Market

91

Average Home Size

2202 ft²

Average Home Age

46.9 years

Currently For Sale

253 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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Frequently Asked Questions

When was property at 3008 Clinton Highway built and last sold?
The property at 3008 Clinton Highway was built in 1935 and last sold on May 16, 2011 for $25,000.
How much is this home worth?
The estimated value of the home located at 3008 Clinton Highway is $0.
What are some comparable homes to 3008 Clinton Highway?
There are currently no comparable homes to 3008 Clinton Highway.
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