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White 38583
414 Thomas St
Photo of 414 Thomas St
Sold on Jun 17, 2025

66

Map

Photo of 414 Thomas St
Photo of 414 Thomas St
$237,900
● Mobile Manufactured - Off Market

414 Thomas St

Sparta, TN 38583
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,272 Ft²
$1,200
Est. Monthly
9.68%
Cap Rate

About This Property

This picture-perfect property has everything and has been meticulously maintained. Beautifully landscaped 1-acre lot, RV hook-up, covered back porch (12' x 20') with stunning country views and a propane fireplace. Three year old roof and carpet, 2-vehicle carport, outbuildings. Great location, quiet neighborhood and privacy! Conveniently located minutes from Sparta, Center Hill Lake and close enough for a day-trip to Nashville, Knoxville or Chattanooga!
Unit Size
1,272 Ft²
Days on Market
63 days
Land Size
0.94 acres
Price per sqft
$187
Property Type
Mobile Manufactured
Property Taxes
$31
HOA Dues
-
Year Built
2006

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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: 5 months ago (Realtracs #RTC2818386)

Price History

Date / Event Date Event Price
Jun 17, 2025 Sold
Premium
Sold
Apr 8, 2025 Listed by EXIT Rocky Top Realty $237,900
Listed by EXIT Rocky Top Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 45
  • Exterior Walls Type: 25
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,946
  • Lot Size Depth Feet: 1,720
  • Lot Size Frontage Feet: 2,730
  • Total Building Area: 1,272
  • Building Area: 1,272
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,272
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000940
  • Standard Land Use Code: 1006
  • County Land Use Code: 50
  • Mobile Home Indicator: T
  • Legal Description 1: DISTRICT: 3

Neighborhood

  • School District Name: White County School District
  • Census Tract: 935500

Geography

  • Assessors Map Reference: 080
  • District: 03
  • Parcel: 093080 03522
  • Latitude: 35.8724
  • Longitude: -85.4939

    Address

  • Full Address: 414 Thomas St
  • Address - House Number: 414
  • Address - Street Name: Thomas
  • Address - Suffix Type: St
  • State: TN
  • City Name: Sparta
  • Carrier Code: R010
  • 4-Digit Zip Code: 4923
  • Zip Code: 38583

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $37,600
  • Tax Rate Code Area: 93A00

    Appraisal Valuation

  • Standard Deviation: 0.1382
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 72
  • Final Value: 108,267
  • High Value: 123,233
  • Low Value: 93,300

    Market Valuation

  • Market Total Value: $73,400
  • Market Land Value: $11,800
  • Market Improvement Value: $61,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,350
  • Assessed Land Value: $2,950
  • Assessed Improvements Value: $15,400
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 White

Stats & Trends

Median Asking:

$344,900

Sale Price/ft²

$210

Below Asking

0.01%

Average Days on Market

78

Average Home Size

1788 ft²

Average Home Age

40.9 years

Currently For Sale

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

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Currently no similar homes around

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Realtracs

Listed by: Eleanor York, EXIT Rocky Top Realty
Last Updated: 5 months ago
Data Source: Realtracs, MLS# RTC2818386
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 414 Thomas Street built and last sold?
The property at 414 Thomas Street was built in 2006 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 414 Thomas Street is $241,864.
What are some comparable homes to 414 Thomas Street?
There are currently no comparable homes to 414 Thomas Street.
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