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Blount 37886
4841 Old Walland Highway
Photo of 4841 Old Walland Highway
Sold on Aug 25, 2021

48

Map

Photo of 4841 Old Walland Highway
Photo of 4841 Old Walland Highway
$530,000
● House - Off Market

4841 Old Walland Highway

Walland, TN 37886
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,472 Ft²
$600,832
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

47 acres with several buildings to add your creative touch to. Walland is still your sweet mountain home town yet close to the national park and Maryville. Have your own peaceful retreat, hobby farm, or even possibly develop it into several home sites. The possibilities are endless with this much property! There is a cabin and a mobile home on the property.
Unit Size
2,472 Ft²
Days on Market
-
Land Size
46.77 acres
Price per sqft
$212
Property Type
House
Property Taxes
$124
HOA Dues
-
Year Built
2008

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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: 29 days ago (Realtracs #RTC3290794)

Price History

Date / Event Date Event Price
Aug 25, 2021 Sold
Premium
Sold
Mar 16, 2021 Listed by Century 21 MVP $525,000
Listed by Century 21 MVP

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 2
  • Bedroom Count: 0
  • 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: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,037,301
  • Total Building Area: 2,472
  • Building Area: 2,472
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,472
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000046770
  • Standard Land Use Code: 1008
  • County Land Use Code: 10
  • Legal Description 1: TR2 GBELT 13 #5520F

Neighborhood

  • School District Name: Blount County School District
  • Census Tract: 011302

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 061
  • District: 14
  • Subdivision Tract Number: 2
  • Parcel: 005061 06301
  • Lot: 2
  • Latitude: 35.746
  • Longitude: -83.8251

    Address

  • Full Address: 4841 Old Walland Hwy
  • Address - House Number: 4841
  • Address - Street Name: Old Walland
  • Address - Suffix Type: Hwy
  • State: TN
  • City Name: Walland
  • Carrier Code: R001
  • 4-Digit Zip Code: 2349
  • Zip Code: 37886

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $217,400
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 05A00

    Appraisal Valuation

  • Standard Deviation: 0.1819
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 693,824
  • High Value: 820,094
  • Low Value: 567,554

    Market Valuation

  • Market Total Value: $644,400
  • Market Land Value: $225,900
  • Market Improvement Value: $418,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $161,100
  • Assessed Land Value: $56,475
  • Assessed Improvements Value: $104,625

    Sales

  • Current Sale Contract Date: Aug 17, 2021
  • Current Sale Recording Date: Sep 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 917392
  • Previous Sale Recording Date: Sep 12, 1997
  • Previous Sale Amount: $88,209
  • 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 Blount

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$232

Below Asking

0.01%

Average Days on Market

83

Average Home Size

1877 ft²

Average Home Age

33.1 years

Currently For Sale

554 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: Deborah Korlin, Century 21 MVP
Last Updated: 29 days ago
Data Source: Realtracs, MLS# RTC3290794
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 4841 Old Walland Highway built and last sold?
The property at 4841 Old Walland Highway was built in 2008 and last sold on Aug 17, 2021 for $535,000.
How much is this home worth?
The estimated value of the home located at 4841 Old Walland Highway is $533,402.
What are some comparable homes to 4841 Old Walland Highway?
There are currently no comparable homes to 4841 Old Walland Highway.
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