NOT LISTED FOR SALE

2012 Brights Pike Morristown, TN 37814

-- Bed
-- Bath
-- Sq Ft
1.1 Acres

Last Sold January 25, 2018

Last sale price $150,000

73 Days on Market

About This Home

As of January 2018

Currently priced at CAP rate of over 18%. 17 pads Total for sale. Lot rent at $200 monthly. (Full capacity gross income $40,800). Currently 12 Mobiles in the park and 5 vacant spots so 28,800 gross income and only Expense is Taxes (less than 800 per year) Resulting in over $28,000 NOI. This price does not include any of the mobile homes. City Sewer and Water, Located right across from the new Walmart on Buffalo Trail.

Last Agent to Sell the Property

BJ Kramps

RE/MAX Real Estate Ten Midtown License #303428 Listed on: 08/28/2017

RE/MAX Real Estate Ten Midtown

Last Buyer's Agent

Christopher Simmons

United Realty Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $460

Lot Details

  • 1.1 Acre Lot

Community Details

  • 17 Units
  • Net Operating Income $28,027

Listing and Financial Details

  • Assessor Parcel Number 001.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$460

Lot Details

0

Listing Details

  • Carport Y N: No
  • Property Sub Type: Mobile Home Park
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.1
  • Lot Size: 240/220/210/240
  • Subdivision Name: Other
  • Directions: Across from the new Walmart on Buffalo Trail.
  • Location Tax and Legal:Tax Annual Amount: 459.71
  • Location Tax and Legal:Parcel Number2: 001.00
  • General Property Information:Lot Size Acres: 1.1
  • General Property Information:Lot Size Dimensions: 240/220/210/240
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Gross Scheduled Income: 28800.0
  • Income And Expenses New Taxes Expense: 313.44
  • General Property Information:Number Of Units Total2: 17.0
  • Special Features: None

Interior Features

  • Private Spa: No
  • Fireplace: No

Exterior Features

  • Home Warranty: No

Garage/Parking

  • Parking Features: Gravel
  • General Property Information:Carport YN: No
  • Parking Features:Gravel: Yes
  • Unit 1:Garage YN3: No
  • Unit 2:Garage YN4: No
  • Unit 3:Garage YN5: No
  • Unit 4:Garage YN6: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 47916.0
  • Parcel #: 001.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 17
  • Income And Expenses Net Operating Income: 28026.85

Tax Info

  • New Taxes Expense: 313.44
  • Tax Annual Amount: 459.71
  • Tax Map Number: 025J

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2018 01/25/18 Sold $150,000 0.0% --
11/09/2017 11/09/17 Pending -- -- --
08/28/2017 08/28/17 For Sale $150,000 -- --
Source: Lakeway Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • BJ Kramps

    Seller's Agent in 2018

    BJ Kramps

    RE/MAX

    (423) 258-2114

    140 Total Sales

    BJ Kramps
    Section Image

  • C

    Buyer's Agent in 2018

    Christopher Simmons

    United Realty Associates

See All Agents

Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 574782

Lakeway Area Association of REALTORS®
Tennessee Hamblen County Morristown 37814

2012 Brights Pike, Morristown, TN

This home is located at 2012 Brights Pike, Morristown, TN 37814 since 28 August 2017. 2012 Brights Pike is a home located in Hamblen County with nearby schools including Fairview-Marguerite Elementary School, Meadowview Middle School, and Morristown East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Lakeway Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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