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242 McGhee Ln

Jacksboro, TN 37757

3 bd 2 ba 2,160 sqft Built 2007 Lot 60,548 sqft single_family
Most recent sale
$260,000
Apr 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 24, 2023 Sold $335,000 EastTennessee
Apr 27, 2022 Sold $260,000 MLS #1172505
Jan 20, 2022 Price changed $260,000 MLS #1172505
Nov 3, 2021 Listed $278,500 MLS #1172505
Jan 22, 2020 Sold $168,500 Public Record
Aug 15, 2018 Listing removed $199,900 EastTennessee
Feb 21, 2018 Listed $199,900 MLS #1031339

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $85,875 $1,044
2024 $85,875 $1,044
2023 $49,150 $1,015
2022 $40,425 $835
2021 $40,425 $835
2020 $40,425 $835
2019 $40,425 $835
2018 $36,600 $824
2017 $36,600 $824
2016 $36,600 $824
2015 $36,600 $824
2014 $36,600 $728
2013 $38,800 $682
2012 $38,800 $683
2011 $38,800 $683
2010 $38,800 $683
2009 $30,675 $614
2008 $30,675 $614
2007 $15,700 $314

Property facts

Year built
2007
Property type
single_family
Stories
Beds
3
Baths
2
Living area
2,160 sqft
Lot size
60,548 sqft
ZIP code
37757
City
Jacksboro
Street
McGhee Ln
Coordinates
36.31454, -84.15963

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,560
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 242 McGhee Ln last sell?
242 McGhee Ln most recently sold on Apr 27, 2022 for $260,000.
What is the current tax assessment for 242 McGhee Ln?
The most recent total assessment for 242 McGhee Ln (year 2025) is $85,875 with $1,044 in property tax.
How does 242 McGhee Ln's assessment compare to its last sale price?
The current assessment is 67.0% below the last sale price of $260,000.
When was 242 McGhee Ln built?
242 McGhee Ln was built in 2007.
How does 242 McGhee Ln compare to others on McGhee Ln?
We track 8 other properties on McGhee Ln. Browse the list under "Other properties on McGhee Ln" to compare beds, baths, and sale history.
What are the property facts for 242 McGhee Ln?
242 McGhee Ln is a 3 bed, 2 bath, 2,160 sqft, 60,548 sqft lot single_family.
Is 242 McGhee Ln a flip candidate?
Yes — 242 McGhee Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 242 McGhee Ln a tax-appeal candidate?
No — 242 McGhee Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.6%
Implied 1-yr
-10.3%
2026 Q3
$418.5K
2026 Q4
$418.5K
ZIP 37757 — Median Price History + Forecast

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