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Morristown 37813
437 Mohawk Street
Photo of 437 Mohawk Street
Sold on Jun 13, 2016

1

Map

$88,500
● House - Off Market

437 Mohawk Street

Morristown, TN 37813
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,276 Ft²
$152,602
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Nice 2 bedroom 2 bath brick home with an basement. Hardwood floors throughout, fireplace, pantry, Laundry on main & in basement.
Unit Size
1,276 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$70
Property Type
House
Property Taxes
$58
HOA Dues
-
Year Built
1952

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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 #RTC3254148)

Price History

Date / Event Date Event Price
Jun 13, 2016 Sold
Premium
Sold
Aug 6, 2015 Listed by WEICHERT, REALTORS - TIGER REAL ESTATE $89,900
Listed by WEICHERT, REALTORS - TIGER REAL ESTATE

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • 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: 9
  • Basement Type: 6
  • Basement Area: 1,050
  • Garage Type: 3
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: 68
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,166
  • Lot Size Depth Feet: 2,460
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 2,326
  • Gross Building Area: 2,326
  • Building Area: 1,276
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,276
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHEROKEE HILLS
  • Land Acres: 0000000440
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: CHEROKEE HILLS PB: B PG: 178 BLK: 7 LOT: 31 110X246M IRR

Neighborhood

  • School District Name: Hamblen County School District
  • School Tax School District: 32500
  • Census Tract: 100200

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 042B
  • District: 01
  • Parcel: 042B-D-031.00
  • Block: 7
  • Lot: 31
  • Municipality: MORRISTOWN
  • Latitude: 36.204
  • Longitude: -83.2804

    Address

  • Full Address: 437 Mohawk St
  • Address - House Number: 437
  • Address - Street Name: Mohawk
  • Address - Suffix Type: St
  • State: TN
  • City Name: Morristown
  • Carrier Code: C003
  • 4-Digit Zip Code: 4718
  • Zip Code: 37813

Valuation

    Tax

  • Total Area: 1,276
  • Tax Year: 2023
  • Tax Amount: $49,400
  • Tax Rate Code Area: 32B01

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 104,764
  • High Value: 152,864
  • Low Value: 56,663

    Market Valuation

  • Market Total Value: $112,300
  • Market Land Value: $16,000
  • Market Improvement Value: $96,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $28,075
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $24,075

    Sales

  • Current Sale Contract Date: Jun 13, 2016
  • Current Sale Recording Date: Jun 14, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 16250951
  • Previous Sale Recording Date: Sep 23, 2008
  • Previous Sale Amount: $93,400
  • Previous Sale Document Type: 27
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 Morristown

Stats & Trends

Median Asking:

$274,900

Sale Price/ft²

$182

Below Asking

0.02%

Average Days on Market

108

Average Home Size

1721 ft²

Average Home Age

40.8 years

Currently For Sale

42 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: Tony Thomas, WEICHERT, REALTORS - TIGER REAL ESTATE
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3254148
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 437 Mohawk Street built and last sold?
The property at 437 Mohawk Street was built in 1952 and last sold on Jun 13, 2016 for $88,500.
How much is this home worth?
The estimated value of the home located at 437 Mohawk Street is $97,527.
What are some comparable homes to 437 Mohawk Street?
There are currently no comparable homes to 437 Mohawk Street.
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