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Loudon 37774
866 Azalea Lane
Photo of 866 Azalea Lane
Sold on Aug 12, 2022

23

Map

Photo of 866 Azalea Lane
Photo of 866 Azalea Lane
$425,000
● Land - Off Market

866 Azalea Lane

Loudon, TN 37774
bedrooms
Studio
bathrooms
0 Bath
$542,804
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Amazing Waterfront Views! This is a 1.07 acre waterfront lot on Watts Bar Lake inside the exclusive Tennessee National community. Build your lakefront dream home on this gorgeous rolling property. Exceptional Resort Style Living. Community includes an Amphitheater, marina w/leased slips, private golf with a Greg Norman Signature course, Saltwater Pool & Spa, 10-miles of nature trails, and much more! Utilities include: City Sewer & Water, Underground Electricity, Natural Gas, Cable & High Speed Internet. Schedule your showing today! This one will go fast!
Unit Size
-
Days on Market
21 days
Land Size
1.07 acres
Price per sqft
-
Property Type
Land
Property Taxes
$130
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: 5 months ago (Realtracs #RTC2893772)

Price History

Date / Event Date Event Price
Aug 12, 2022 Sold
Premium
Sold
Apr 23, 2022 Listed by Keller Williams $525,000
Listed by Keller Williams

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: 46,609
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: TENNESSEE NATIONAL POD 2
  • Land Acres: 0000001070
  • Standard Land Use Code: 8001
  • County Land Use Code: 00-V
  • State Land Use Code: C00
  • Legal Description 1: TENNESSEE NATIONAL POD 2 PB: G PG: 298 LOT: 29

Neighborhood

  • School District Name: Loudon County School District
  • School Tax School District: 53434
  • Census Tract: 060600

Zoning

  • Zoning: PDD

Geography

  • Assessors Map Reference: 023K
  • District: 01
  • Parcel: 023K-A-029.00
  • Lot: 29
  • Municipality: LOUDON
  • Latitude: 35.7749
  • Longitude: -84.4136

    Address

  • Full Address: 866 Azalea Ln
  • Address - House Number: 866
  • Address - Street Name: Azalea
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Loudon
  • Carrier Code: R009
  • 4-Digit Zip Code: 1627
  • Zip Code: 37774

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $155,708
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 53A03

    Market Valuation

  • Market Total Value: $238,000
  • Market Land Value: $238,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $59,500
  • Assessed Land Value: $59,500

    Sales

  • Current Sale Contract Date: Sep 11, 2023
  • Current Sale Recording Date: Sep 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8439
  • Previous Sale Recording Date: Aug 15, 2022
  • Previous Sale Contract Date: Aug 12, 2022
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: 71
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 Loudon

Stats & Trends

Median Asking:

$368,400

Sale Price/ft²

$223

Above Asking

0.00%

Average Days on Market

93

Average Home Size

2532 ft²

Average Home Age

28.6 years

Currently For Sale

48 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: Rick Cochran, Keller Williams
Last Updated: 5 months ago
Data Source: Realtracs, MLS# RTC2893772
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 866 Azalea Lane built and last sold?
The property at 866 Azalea Lane was built in and last sold on Sep 11, 2023 for $500,000.
How much is this home worth?
The estimated value of the home located at 866 Azalea Lane is $530,250.
What are some comparable homes to 866 Azalea Lane?
There are currently no comparable homes to 866 Azalea Lane.
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