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Hamblen 37814
3740 Dan Drive
$187,900
● House - Off Market

3740 Dan Drive

Morristown, TN 37814
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,760 Ft²
$337,025
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

Lovely 3 bedroom brick home in mature neighborhood with full basement and 2.02 Acres
Unit Size
1,760 Ft²
Days on Market
-
Land Size
2.02 acres
Price per sqft
$108
Property Type
House
Property Taxes
$82
HOA Dues
-
Year Built
1996

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Cap Rate Calculator

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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 #RTC3254190)

Price History

Date / Event Date Event Price
Sep 21, 2015 Sold
Premium
Sold
May 28, 2015 Listed by Weichert, REALTORS - Tiger Rea $189,900
Listed by Weichert, REALTORS - Tiger Rea
Lovely 3 bedroom brick home in mature neighborhood with full basement and 2.02 Acres

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • 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: 9
  • Basement Type: 6
  • Basement Area: 1,760
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,991
  • Lot Size Depth Feet: 6,070
  • Lot Size Frontage Feet: 1,420
  • Total Building Area: 3,520
  • Gross Building Area: 3,520
  • Building Area: 2,236
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 2,236
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GARRETSON EST II
  • Land Acres: 0000002020
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: GARRETSON EST II PB: D PG: 128 LOT: 35 142.09X607.43 IRR

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 017D
  • District: 03
  • Parcel: 017D-C-007.00
  • Lot: 35
  • Municipality: HAMBLEN COUNTY
  • Latitude: 36.2705
  • Longitude: -83.2502

    Address

  • Full Address: 3740 Dan Dr
  • Address - House Number: 3740
  • Address - Street Name: Dan
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Morristown
  • Carrier Code: R015
  • 4-Digit Zip Code: 7731
  • Zip Code: 37814

Valuation

    Tax

  • Total Area: 1,760
  • Tax Year: 2023
  • Tax Amount: $99,800
  • Tax Rate Code Area: 32A00

    Appraisal Valuation

  • Standard Deviation: 0.2763
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 60
  • Final Value: 393,097
  • High Value: 501,744
  • Low Value: 284,451

    Market Valuation

  • Market Total Value: $202,700
  • Market Land Value: $30,800
  • Market Improvement Value: $171,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $50,675
  • Assessed Land Value: $7,700
  • Assessed Improvements Value: $42,975

    Sales

  • Current Sale Contract Date: Sep 21, 2015
  • Current Sale Recording Date: Sep 23, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 15244258
  • Previous Sale Recording Date: Sep 23, 2015
  • Previous Sale Contract Date: Sep 21, 2015
  • Previous Sale Amount: $187,900
  • 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 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

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Realtracs

Listed by: Tony Thomas, WEICHERT, REALTORS - TIGER REAL ESTATE
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3254190
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 3740 Dan Drive built and last sold?
The property at 3740 Dan Drive was built in 1996 and last sold on Sep 21, 2015 for $187,900.
How much is this home worth?
The estimated value of the home located at 3740 Dan Drive is $198,725.
What are some comparable homes to 3740 Dan Drive?
There are currently no comparable homes to 3740 Dan Drive.
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