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Tipton 38058 Cherokee Hills
3203 MARSHALL RD
Photo of 3203 MARSHALL RD
Sold on Jan 28, 2021

18

Map

Photo of 3203 MARSHALL RD
Photo of 3203 MARSHALL RD
$107,100
● House - Off Market

3203 MARSHALL RD

Munford, TN 38058
bedrooms
3 Beds
bathrooms
2 Baths
$181,800
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

3 bedroom 2 bath brick home located on 2.65 acres, Home with two living areas, master bedroom with shower, hall bath, dining room, and enclosed back porch. 24x32 garage/shop with large cover (22x30) area in front. Two storage buildings.
Unit Size
-
Days on Market
-
Land Size
2.65 acres
Price per sqft
-
Property Type
House
Property Taxes
$55
HOA Dues
-
Year Built
1961

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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: 2 months ago (Realtracs #RTC3596744)

Price History

Date / Event Date Event Price
Jun 10, 2022 No longer available -
No longer available
Jun 3, 2022 Listed by mlsAssist $364,900
Listed by mlsAssist
Completely renovated! Everything in this home is new. Including new plumbing & electrical system, new roof, new windows, new sheetrock, and new insulation. It has all the latest amenities including a large soaking tub and huge walk-in shower, gas fireplace in the living room, a wine cooler in the kitchen, a bar in the living room, and a gas cooktop with a retractable downdraft. Large sunroom allows you to enjoy the beauty of the trees and foliage from the comfort of your home. Garage & Carport!
Jan 28, 2021 Sold
Premium
Sold
Dec 11, 2020 Listed by United Real Estate Mid-South $140,000
Listed by United Real Estate Mid-South

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1994
  • 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: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 24
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 768
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 115,434
  • Total Building Area: 2,108
  • Building Area: 2,108
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 6
  • Heated Square Feet: 2,108
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002650
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: DISTRICT: 06, COUNTY AREA: S61

Neighborhood

  • School District Name: Tipton County School District
  • Census Tract: 040304

Geography

  • Assessors Map Reference: 096
  • District: 06
  • Parcel: 084096 00500
  • Latitude: 35.4724
  • Longitude: -89.772

    Address

  • Full Address: 3203 Marshall Rd
  • Address - House Number: 3203
  • Address - Street Name: Marshall
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Munford
  • Carrier Code: R005
  • 4-Digit Zip Code: 7339
  • Zip Code: 38058

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $90,700
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: 84A00

    Appraisal Valuation

  • Standard Deviation: 0.0959
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 91
  • Final Value: 372,604
  • High Value: 408,361
  • Low Value: 336,848

    Market Valuation

  • Market Total Value: $301,600
  • Market Land Value: $53,700
  • Market Improvement Value: $247,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,400
  • Assessed Land Value: $13,425
  • Assessed Improvements Value: $61,975

    Sales

  • Current Sale Contract Date: Jan 26, 2021
  • Current Sale Recording Date: Feb 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 241608
  • Previous Sale Recording Date: Apr 23, 2020
  • Previous Sale Contract Date: Mar 10, 2020
  • Previous Sale Amount: $90,763
  • Previous Sale Document Type: 69
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 Cherokee Hills

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Nearby Rentals

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Realtracs

Listed by: Edwin Engelke, United Real Estate Mid-South
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3596744
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 3203 Marshall Road built and last sold?
The property at 3203 Marshall Road was built in 1961 and last sold on Jan 26, 2021 for $107,100.
How much is this home worth?
The estimated value of the home located at 3203 Marshall Road is $392,890.
What are some comparable homes to 3203 Marshall Road?
There are currently no comparable homes to 3203 Marshall Road.
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