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Blount 37882
305 Webb Rd
Photo of 305 Webb Rd
Sold on Jan 13, 2023

35

Map

Photo of 305 Webb Rd
Photo of 305 Webb Rd
$560,000
● House - Off Market

305 Webb Rd

Townsend, TN 37882
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,940 Ft²
$608,700
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Enjoy mountain views from the fenced backyard of this renovated mountain home constructed by Caylor Brothers, renowned for quality custom homes. Relax by the stone fireplace complimented by built-in bookcases on either side. Lots to love in the gourmet kitchen with granite, dual ovens, large island and lighted China display cabinetry. Oversized stone patio is perfect for grilling and entertaining. Oversized, heated, detached, 2- car garage. Convenient to Maryville and the airport and only 3 miles to the entrance of the Smoky Mountains National Park.
Unit Size
1,940 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$296
Property Type
House
Property Taxes
$118
HOA Dues
-
Year Built
1990

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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: 3 months ago (Realtracs #RTC3507186)

Price History

Date / Event Date Event Price
Jan 13, 2023 Sold
Premium
Sold
Aug 4, 2022 Listed by CENTURY 21 Legacy $575,000
Listed by CENTURY 21 Legacy

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 700
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,604
  • Building Area: 1,604
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,604
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 03
  • Legal Description 1: DISTRICT: 15, COUNTY AREA: H01

Neighborhood

  • School District Name: Blount County School District
  • Census Tract: 011401

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 096
  • District: 15
  • Parcel: 005096 08103
  • Latitude: 35.681
  • Longitude: -83.7581

    Address

  • Full Address: 305 Webb Rd
  • Address - House Number: 305
  • Address - Street Name: Webb
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Townsend
  • Carrier Code: R002
  • 4-Digit Zip Code: 3119
  • Zip Code: 37882

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $142,100
  • Tax Rate Code Area: 05A00

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 581,033
  • High Value: 711,595
  • Low Value: 450,470

    Market Valuation

  • Market Total Value: $363,900
  • Market Land Value: $42,500
  • Market Improvement Value: $321,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,975
  • Assessed Land Value: $10,625
  • Assessed Improvements Value: $80,350

    Sales

  • Current Sale Contract Date: Jan 12, 2023
  • Current Sale Recording Date: Jan 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 956760
  • Previous Sale Recording Date: Jan 29, 2020
  • Previous Sale Contract Date: Nov 06, 2019
  • Previous Sale Amount: $290,000
  • 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 Blount

Stats & Trends

Median Asking:

$429,900

Sale Price/ft²

$233

Below Asking

0.01%

Average Days on Market

86

Average Home Size

2360 ft²

Average Home Age

34.8 years

Currently For Sale

550 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 Seay, CENTURY 21 Legacy
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3507186
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 305 Webb Road built and last sold?
The property at 305 Webb Road was built in 1990 and last sold on Jan 12, 2023 for $560,000.
How much is this home worth?
The estimated value of the home located at 305 Webb Road is $575,692.
What are some comparable homes to 305 Webb Road?
There are currently no comparable homes to 305 Webb Road.
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