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Hamblen 37814
3480 Lampkin Drive
Photo of 3480 Lampkin Drive

15

Map

Photo of 3480 Lampkin Drive
Photo of 3480 Lampkin Drive
$193,990
● House - Off Market

3480 Lampkin Drive

Morristown, TN 37814
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$996
Est. Monthly

About This Property

Buy this awesome, move-in ready home for $0 down! Eligible for 100% USDA financing! All kitchen appliances, including refrigerator and washer/dryer convey to buyer! Features include: New metal roof (2021),new windows (2020), new vinyl plank flooring in kitchen and bathroom, original hardwood flooring through much of the home (no carpet!), , unfinished walk-out basement provides tons of extra storage and the 16x40 barn w/loft out back, low maintenance all brick exterior, no neighbors in back and great back deck area. Enjoy all this with low county only taxes and NO HOA dues!
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$187
Property Type
House
Property Taxes
$43
HOA Dues
-
Year Built
1966

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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: 4 months ago (Realtracs #RTC3076399)

Price History

Date / Event Date Event Price
May 25, 2021 Listed by Your Home Sold Guaranteed Realty $193,990
Listed by Your Home Sold Guaranteed Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 6
  • Basement Area: 1,040
  • Garage Type: 3
  • Garage Square Area: 312
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,080
  • Gross Building Area: 2,080
  • Building Area: 1,508
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 1,508
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAMPKIN AC
  • Land Acres: 0000100000
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: LAMPKIN AC PB: 4 PG: 11 LOT: 8 100X200

Neighborhood

  • School District Name: Hamblen County School District
  • Census Tract: 100600

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 017M
  • District: 03
  • Parcel: 017M-B-008.00
  • Lot: 8
  • Municipality: HAMBLEN COUNTY
  • Latitude: 36.2523
  • Longitude: -83.257

    Address

  • Full Address: 3480 Lampkin Dr
  • Address - House Number: 3480
  • Address - Street Name: Lampkin
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Morristown
  • Carrier Code: R015
  • 4-Digit Zip Code: 6259
  • Zip Code: 37814

Valuation

    Tax

  • Total Area: 1,040
  • Tax Year: 2023
  • Tax Amount: $51,500
  • Tax Rate Code Area: 32A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 413,462
  • High Value: 603,296
  • Low Value: 223,627

    Market Valuation

  • Market Total Value: $104,600
  • Market Land Value: $14,200
  • Market Improvement Value: $90,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $26,150
  • Assessed Land Value: $3,550
  • Assessed Improvements Value: $22,600

    Sales

  • Current Sale Recording Date: Dec 06, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 04, 2004
  • Previous Sale Amount: $65,000
  • 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 Hamblen

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$183

Below Asking

0.02%

Average Days on Market

101

Average Home Size

1858 ft²

Average Home Age

37.8 years

Currently For Sale

76 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

Rentals Near You

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Realtracs

Listed by: Tracy King, Your Home Sold Guaranteed Realty
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3076399
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 3480 Lampkin Drive built and last sold?
The property at 3480 Lampkin Drive was built in 1966 and last sold on Jan 1, 1970 for $67,500.
How much is this home worth?
The estimated value of the home located at 3480 Lampkin Drive is $245,104.
What are some comparable homes to 3480 Lampkin Drive?
There are currently no comparable homes to 3480 Lampkin Drive.
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