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Blount 37886
757 Meadow Ridge Rd
Photo of 757 Meadow Ridge Rd
Sold on Oct 23, 2024

46

Map

Photo of 757 Meadow Ridge Rd
Photo of 757 Meadow Ridge Rd
$327,500
● House - Off Market

757 Meadow Ridge Rd

Walland, TN 37886
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,316 Ft²
$1,738
Est. Monthly

About This Property

ONE LEVEL LIVING ON A LARGE LEVEL LOT! This low maintenance brick and vinyl rancher is located at the base of the Foothills and boasts mountain views from the backyard! You'll love the screened back porch, covered front porch, attached 2 car garage, peaceful country setting, and fenced yard with pear trees & weeping willows. Inside features a cozy living room, spacious bedrooms and a large eat-in-kitchen with additional dining area, ample cabinetry, oversized laundry/utility room with lots of shelving options, and additional storage. Refrigerator in kitchen conveys! Fresh landscaping is an added bonus. Septic was recently inspected and pumped in 2024! Letter on file upon request. Call today to schedule your tour - this one is priced to sell!
Unit Size
1,316 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$255
Property Type
House
Property Taxes
$93
HOA Dues
-
Year Built
2001

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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: 2 months ago (Realtracs #RTC3604331)

Price History

Date / Event Date Event Price
Oct 23, 2024 Sold
Premium
Sold
Sep 1, 2024 Listed by The Price Agency, Realty Execu $335,000
Listed by The Price Agency, Realty Execu

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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: 5
  • Basement Area: 0
  • Garage Type: 25
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,572
  • Total Building Area: 1,316
  • Building Area: 1,316
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,316
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOW RIDGE
  • Land Acres: 0000000610
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: MEADOW RIDGE 29 1269A

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 040B
  • District: 13
  • Parcel: 005040B D 02900
  • Lot: 29
  • Latitude: 35.7994
  • Longitude: -83.8138

    Address

  • Full Address: 757 Meadow Ridge Rd
  • Address - House Number: 757
  • Address - Street Name: Meadow Ridge
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Walland
  • Carrier Code: R001
  • 4-Digit Zip Code: 2053
  • Zip Code: 37886

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $96,800
  • Tax Rate Code Area: 05A00

    Appraisal Valuation

  • Standard Deviation: 0.2348
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 313,056
  • High Value: 386,579
  • Low Value: 239,534

    Market Valuation

  • Market Total Value: $279,400
  • Market Land Value: $50,000
  • Market Improvement Value: $229,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,850
  • Assessed Land Value: $12,500
  • Assessed Improvements Value: $57,350

    Sales

  • Current Sale Recording Date: Mar 31, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 29, 2005
  • Previous Sale Amount: $114,000
  • 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:

$429,900

Sale Price/ft²

$232

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2366 ft²

Average Home Age

34.3 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: Sara Price, The Price Agency, Realty Execu
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3604331
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 757 Meadow Ridge Drive built and last sold?
The property at 757 Meadow Ridge Drive was built in 2001 and last sold on Jan 1, 1970 for $114,000.
How much is this home worth?
The estimated value of the home located at 757 Meadow Ridge Drive is $337,757.
What are some comparable homes to 757 Meadow Ridge Drive?
There are currently no comparable homes to 757 Meadow Ridge Drive.
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