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Jackson 38305
32 Emerson
$162,821*
● House - Off Market

32 Emerson

Jackson, TN 38305
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,489 Ft²
$116,000 - $140,000
Reference Base Price*
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

This home is conveniently located minutes from shopping in the Columns of Vann Dr. New laminate flooring throughout most of the home. Sellers have replaced pull down ladder to the attic. 2 car garage has storage room inside that could also be used for a small workshop space. Back deck has been rebuilt and overlooks wooded area. Great for grilling out with friends and family. Chain link fence around portion of the back yard. Walk down the stairs from the deck to an open area good for a small fire pit.

The manager has listed the unit size as 1489 square feet.
Unit Size
1,489 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$86
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977

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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.

Price History

Date / Event Date Event Price
Feb 15, 2021 No longer available -
No longer available
Feb 11, 2021 Listed $128,000
Listed

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 2002
  • Building Count: 1
  • 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: 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: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 361
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 129
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,850
  • Gross Building Area: 1,870
  • Building Area: 1,489
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 1,489
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RUSHMEADE EST
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: RUSHMEADE EST PB 3 PG 258 BLK 2 LOT 22 80X125

Neighborhood

  • School District Name: Jackson-Madison County School System
  • School Tax School District: 57359
  • Census Tract: 001605

Geography

  • Assessors Map Reference: 055I
  • District: 05
  • Parcel: 055I-F-022.00
  • Block: 2
  • Lot: 22
  • Municipality: JACKSON
  • Latitude: 35.6644
  • Longitude: -88.8723

    Address

  • Full Address: 32 Emerson Dr
  • Address - House Number: 32
  • Address - Street Name: Emerson
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Jackson
  • Carrier Code: C044
  • 4-Digit Zip Code: 2128
  • Zip Code: 38305

Valuation

    Tax

  • Total Area: 1,489
  • Tax Year: 2023
  • Tax Amount: $55,600
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 57A02

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 426,503
  • High Value: 622,325
  • Low Value: 230,680

    Market Valuation

  • Market Total Value: $137,900
  • Market Land Value: $13,500
  • Market Improvement Value: $124,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $34,475
  • Assessed Land Value: $3,375
  • Assessed Improvements Value: $31,100

    Sales

  • Current Sale Contract Date: Mar 19, 2021
  • Current Sale Recording Date: Mar 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21003914
  • Previous Sale Recording Date: Feb 25, 2013
  • Previous Sale Contract Date: Feb 16, 2013
  • Previous Sale Amount: $76,000
  • 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 Jackson

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$151

Below Asking

0.02%

Average Days on Market

76

Average Home Size

3348 ft²

Average Home Age

45 years

Currently For Sale

45 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 32 Emerson Drive built and last sold?
The property at 32 Emerson Drive was built in 1977 and last sold on Mar 19, 2021 for $131,000.
How much is this home worth?
The estimated value of the home located at 32 Emerson Drive is $205,810.
What are some comparable homes to 32 Emerson Drive?
There are currently no comparable homes to 32 Emerson Drive.
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