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Blount 37882
509 Lady Slipper Lane
Photo of 509 Lady Slipper Lane
Sold on May 5, 2023

13

Map

Photo of 509 Lady Slipper Lane
Photo of 509 Lady Slipper Lane
$84,000
● Land - Off Market

509 Lady Slipper Lane

Townsend, TN 37882
bedrooms
Studio
bathrooms
0 Bath
$85,558
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

This mountainside lot is ideal for building your dream home with a daylight/walk-out basement, and the mature hardwoods offer plenty of privacy with a seasonal mountain view. Kinzel Springs is a premier gated community located only moments from the entrance to the Great Smoky Mountains National Park, yet convenient to Maryville and the airport. Amenities of Kinzel Springs include a 2.5 acre stocked lake, pavilion, walking trail with covered bridge, underground utilities with public water and sewer, cable TV and high speed internet.
Unit Size
-
Days on Market
-
Land Size
1.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
$35
HOA Dues
-
Year Built
-

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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: 3 months ago (Realtracs #RTC3507090)

Price History

Date / Event Date Event Price
Oct 25, 2024 Sold
Premium
Sold
Mar 5, 2024 Listed by CENTURY 21 Legacy $114,900
Listed by CENTURY 21 Legacy
This mountainside lot is ideal for building your dream home with a daylight/walk-out basement, and the mature hardwoods offer plenty of privacy with a mountain view. Kinzel Springs is a premier gated community located only moments from the entrance to the Great Smoky Mountains National Park, yet convenient to Maryville and the airport. Amenities of Kinzel Springs include a 2.5 acre stocked lake, pavilion, walking trail with covered bridge, underground utilities with public water and sewer, cable TV and high speed internet.
May 5, 2023 Sold
Premium
Sold
Mar 9, 2023 Listed by CENTURY 21 Legacy $84,900
Listed by CENTURY 21 Legacy

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: KINZEL SPRINGS
  • Land Acres: 0000001100
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • Legal Description 1: KINZEL SPRINGS PH 6A 124 2295A

Neighborhood

  • School District Name: Blount County School District
  • Census Tract: 011404

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 095F
  • District: 15
  • Parcel: 005095F E 10000
  • Lot: 124
  • Latitude: 35.6819
  • Longitude: -83.8054

    Address

  • Full Address: 509 Lady Slipper Ln
  • Address - House Number: 509
  • Address - Street Name: Lady Slipper
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Townsend
  • Carrier Code: R001
  • 4-Digit Zip Code: 2502
  • Zip Code: 37882

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $41,700
  • Tax Rate Code Area: 05A00

    Market Valuation

  • Market Total Value: $80,000
  • Market Land Value: $80,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $20,000

    Sales

  • Current Sale Contract Date: Dec 10, 2020
  • Current Sale Recording Date: Dec 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 892597
  • Previous Sale Recording Date: Sep 16, 2016
  • Previous Sale Amount: $68,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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:

$429,900

Sale Price/ft²

$233

Below Asking

0.01%

Average Days on Market

86

Average Home Size

2360 ft²

Average Home Age

34.8 years

Currently For Sale

550 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: Tim Seay, CENTURY 21 Legacy
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3507090
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 509 Lady Slipper Lane built and last sold?
The property at 509 Lady Slipper Lane was built in and last sold on Dec 10, 2020 for $76,500.
How much is this home worth?
The estimated value of the home located at 509 Lady Slipper Lane is $116,049.
What are some comparable homes to 509 Lady Slipper Lane?
There are currently no comparable homes to 509 Lady Slipper Lane.
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