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Cocke
3032 Arch Road
Photo of 3032 Arch Road
Sold on Apr 8, 2021

36

Map

Photo of 3032 Arch Road
Photo of 3032 Arch Road
$120,000
● House - Off Market

3032 Arch Road

Cosby, TN 37722
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,008 Ft²
$162,954
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Great views of the National Park in this 2 bedroom 1 1/2 bath home with lots of privacy. There is also an area cleared for an RV with a separate septic system. Private and quiet no road noise. You can see Mount LeCounte which is the second highest peak in The National Park and about 20 miles away. Convenient to the interstate and shopping. Gatlinburg is about 30-45 minutes away depending on traffic.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
1.40 acres
Price per sqft
$133
Property Type
House
Property Taxes
$31
HOA Dues
-
Year Built
2013

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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: 13 days ago (Realtracs #RTC3556510)

Price History

Date / Event Date Event Price
May 25, 2021 No longer available -
No longer available
May 9, 2021 Price Increased $159,900
↑ $900 (0.6%)
Price Increased
May 8, 2021 Listed $159,000
Listed
Property has an expansive mountain view of the Great Smoky Mountains and surrounding areas, remote and private. Check w/listing agent for property access, private road is gated. No Driveby's. Property accessible with 4 wheel drive only. Home has a second full size room with 2 half rooms, one off the master bedroom and one off the second room. Contact listing agent for more information and see addendum. The manager has listed the unit size as 1008 square feet.
Apr 8, 2021 Sold
Premium
Sold
Sep 18, 2019 Listed by Cosby Real Estate, Inc. $134,000
Listed by Cosby Real Estate, Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,776
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

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

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001510
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: DISTRICT: 05, COUNTY AREA: X02

Neighborhood

  • School District Name: Cocke County School District
  • Census Tract: 920502

Geography

  • Assessors Map Reference: 093
  • District: 05
  • Parcel: 015093 08806
  • Latitude: 35.8593
  • Longitude: -83.2305

    Address

  • Full Address: 3032 Arch Rd
  • Address - House Number: 3032
  • Address - Street Name: Arch
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Cosby
  • Carrier Code: R004
  • 4-Digit Zip Code: 3217
  • Zip Code: 37722

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $35,300
  • Tax Rate Code Area: 15A00

    Appraisal Valuation

  • Standard Deviation: 0.4621
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 7
  • Final Value: 123,374
  • High Value: 180,395
  • Low Value: 66,352

    Market Valuation

  • Market Total Value: $55,200
  • Market Land Value: $12,600
  • Market Improvement Value: $42,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,800
  • Assessed Land Value: $3,150
  • Assessed Improvements Value: $10,650

    Sales

  • Current Sale Contract Date: Aug 25, 2021
  • Current Sale Recording Date: Aug 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21004327
  • Previous Sale Recording Date: Apr 12, 2021
  • Previous Sale Contract Date: Apr 06, 2021
  • Previous Sale Amount: $120,000
  • 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 Cocke

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$228

Below Asking

0.03%

Average Days on Market

90

Average Home Size

1978 ft²

Average Home Age

32.5 years

Currently For Sale

156 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: Tim Thomas, Cosby Real Estate, Inc.
Last Updated: 13 days ago
Data Source: Realtracs, MLS# RTC3556510
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 3032 Arch Road built and last sold?
The property at 3032 Arch Road was built in 2013 and last sold on Aug 25, 2021 for $150,000.
How much is this home worth?
The estimated value of the home located at 3032 Arch Road is $170,998.
What are some comparable homes to 3032 Arch Road?
There are currently no comparable homes to 3032 Arch Road.
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