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Germantown 38139
8614 SANDPOINT DR
Photo of 8614 SANDPOINT DR
Sold on Mar 27, 2020

19

Map

Photo of 8614 SANDPOINT DR
Photo of 8614 SANDPOINT DR
$310,500
● House - Off Market

8614 SANDPOINT DR

Germantown, TN 38139
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,328 Ft²
$414,560
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

If walking distance to elementary school and proximity to great city parks are up your alley, then check out this charming story and a half with 4 bedrooms down and a bonus room up! Tastefully updated kitchen and bathrooms, new flooring, and clean as can be! Seller converted carport to garage. Backyard features inground pool and oversized patio, perfect for entertaining. Fence on west side can be bumped out to incorporate more green space too.
Unit Size
2,328 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$125
Property Type
House
Property Taxes
$313
HOA Dues
-
Year Built
1975

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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: 3 months ago (Realtracs #RTC3502620)

Price History

Date / Event Date Event Price
Mar 27, 2020 Sold
Premium
Sold
Mar 3, 2020 Listed by Crye-Leike Realtors $289,900
Listed by Crye-Leike Realtors

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 125
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 12
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,475
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 850
  • Total Building Area: 4,021
  • Gross Building Area: 4,021
  • Building Area: 2,645
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,645
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DOGWOOD TRAILS SEC B
  • Land Acres: 0000000263
  • Standard Land Use Code: 1001
  • County Land Use Code: 062
  • Legal Description 1: NS SANDPOINT DR

Neighborhood

  • School District Name: Germantown Municipal School District
  • Census Tract: 021352

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MB 60-59
  • District: G
  • Parcel: G0-231Q-C0-0023
  • Lot: 87
  • Municipality: GERMANTOWN
  • Latitude: 35.0913
  • Longitude: -89.7752

    Address

  • Full Address: 8614 Sandpoint Dr
  • Address - House Number: 8614
  • Address - Street Name: Sandpoint
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Germantown
  • Carrier Code: C034
  • 4-Digit Zip Code: 5320
  • Zip Code: 38139

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $460,996

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 447,959
  • High Value: 550,160
  • Low Value: 345,759

    Market Valuation

  • Market Total Value: $352,700
  • Market Land Value: $53,600
  • Market Improvement Value: $299,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $88,175
  • Assessed Land Value: $13,400
  • Assessed Improvements Value: $74,775

    Sales

  • Current Sale Contract Date: Mar 25, 2020
  • Current Sale Recording Date: Mar 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20033676
  • Previous Sale Recording Date: Nov 28, 1994
  • Previous Sale Amount: $120,000
  • 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 Germantown

Stats & Trends

Median Asking:

$397,500

Sale Price/ft²

$175

Below Asking

0.01%

Average Days on Market

92

Average Home Size

3015 ft²

Average Home Age

47 years

Currently For Sale

9 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: Mary Jeffrey, Crye-Leike Realtors
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3502620
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 8614 Sandpoint Drive built and last sold?
The property at 8614 Sandpoint Drive was built in 1975 and last sold on Mar 25, 2020 for $310,500.
How much is this home worth?
The estimated value of the home located at 8614 Sandpoint Drive is $299,658.
What are some comparable homes to 8614 Sandpoint Drive?
There are currently no comparable homes to 8614 Sandpoint Drive.
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