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McMinn 37303
808 County Road 51
Photo of 808 County Road 51
Sold on Aug 20, 2020

7

Map

Photo of 808 County Road 51
Photo of 808 County Road 51
$114,900
● Mobile Manufactured - Off Market

808 County Road 51

Athens, TN 37303
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,882 Ft²
$199,845
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Immaculate modular home on almost 1 acre, open floor plan, split bedroom design, with large open Kitchen with center island and breakfast bar, lots of cabinets, large living room with fireplace, oversized master with en-suite bathroom, with garden tub, walk in shower, dual vanities, walk in closet, 2 additional guest bedrooms with guest bathroom. Home eligible for 100% financing with THDA, VA or USDA loan, 96.5% financing with FHA loan. Also possible seller financing also available.
Unit Size
1,882 Ft²
Days on Market
-
Land Size
0.82 acres
Price per sqft
$78
Property Type
Mobile Manufactured
Property Taxes
$35
HOA Dues
-
Year Built
2017

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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: 17 days ago (Realtracs #RTC3066184)

Price History

Date / Event Date Event Price
Sep 18, 2020 Sold
Premium
Sold
May 7, 2020 No longer available -
No longer available
May 2, 2020 Relisted $145,900
Relisted
Apr 28, 2020 No longer available -
No longer available
Apr 15, 2020 Listed $145,900
Listed
Immaculate modular home on almost 1 acre, open floor plan, split bedroom design, with large open Kitchen with center island and breakfast bar, lots of cabinets, large living room with fireplace, oversized master with en-suite bathroom, with garden tub, walk in shower, dual vanities, walk in closet, 2 additional guest bedrooms with guest bathroom. Home eligible for 100% financing with THDA, VA or USDA loan, 96.5% financing with FHA loan. Also possible seller financing also available. The manager has listed the unit size as 2112 square feet.
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 45
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,719
  • Total Building Area: 1,882
  • Building Area: 1,882
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,882
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VAN GARY GIBSON SUBDIVISION
  • Land Acres: 0000000820
  • Standard Land Use Code: 1006
  • County Land Use Code: 50
  • Mobile Home Indicator: T

Neighborhood

  • School District Name: McMinn County School District
  • Census Tract: 970801

Geography

  • Assessors Map Reference: 071
  • District: 01
  • Parcel: 054071 01801
  • Latitude: 35.4095
  • Longitude: -84.7903

    Address

  • Full Address: 808 County Road 51
  • Address - House Number: 808
  • Address - Street Name: County Road 51
  • State: TN
  • City Name: Athens
  • Carrier Code: R001
  • 4-Digit Zip Code: 6630
  • Zip Code: 37303

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $43,700
  • Tax Rate Code Area: 54A00

    Appraisal Valuation

  • Standard Deviation: 0.461
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 50
  • Final Value: 232,355
  • High Value: 311,291
  • Low Value: 153,419

    Market Valuation

  • Market Total Value: $161,400
  • Market Land Value: $9,200
  • Market Improvement Value: $152,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,350
  • Assessed Land Value: $2,300
  • Assessed Improvements Value: $38,050

    Sales

  • Current Sale Contract Date: Sep 10, 2020
  • Current Sale Recording Date: Sep 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 49
  • Current Sale Input Document Number: 218193
  • Previous Sale Recording Date: Jul 31, 2019
  • Previous Sale Contract Date: Jul 31, 2019
  • Previous Sale Amount: $137,500
  • Previous Sale Document Type: 69
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 McMinn

Stats & Trends

Median Asking:

$299,450

Sale Price/ft²

$184

Below Asking

0.02%

Average Days on Market

97

Average Home Size

2147 ft²

Average Home Age

42.6 years

Currently For Sale

227 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

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Realtracs

Listed by: MELANIE SIMS, New Creation Real Estate
Last Updated: 17 days ago
Data Source: Realtracs, MLS# RTC3066184
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 808 County Road 51 built and last sold?
The property at 808 County Road 51 was built in 2017 and last sold on Sep 10, 2020 for $145,900.
How much is this home worth?
The estimated value of the home located at 808 County Road 51 is $161,178.
What are some comparable homes to 808 County Road 51?
There are currently no comparable homes to 808 County Road 51.
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