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116 Magnolia Ln

Sweetwater, TN 37874

3 bd 3 ba 2,500 sqft Built 2007 Lot 41,818 sqft single_family
Most recent sale
$345,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 22, 2022 Sold $345,000 MLS #1194582
Jun 9, 2022 Listed $345,000 MLS #1194582
Jun 6, 2017 Listing removed $140,000 EastTennessee
Nov 12, 2015 Sold $182,000 Public Record
Nov 6, 2015 Listing removed $184,900 EastTennessee
Sep 8, 2015 Price changed $184,900 MLS #925887
May 18, 2015 Listed $194,500 MLS #925887
Aug 10, 2009 Sold $138,500 Public Record
Aug 7, 2009 Listing removed $140,000 RiverCounties
Aug 5, 2009 Price changed $140,000 MLS #664930
Jul 9, 2009 Price changed $140,000 MLS #150833
May 21, 2009 Listed $160,000 MLS #664930
May 11, 2009 Listed $160,000 MLS #150833

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $49,725 $1,114
2019 $49,725 $984
2018 $49,725 $984
2017 $48,325 $1,012
2016 $48,325 $1,012
2015 $48,325 $1,012
2014 $48,275 $1,012
2013 $48,275 $1,011
2012 $51,775 $1,010
2011 $51,775 $1,010
2010 $51,775 $818
2009 $51,775 $818
2008 $51,775 $818

Property facts

Year built
2007
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,500 sqft
Lot size
41,818 sqft
ZIP code
37874
City
Sweetwater
Street
Magnolia Ln
Coordinates
35.62489, -84.42213

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
$3,750
Gross rental yield
13.04%
Implied cap rate
8.48%
Trend-extrapolated value

Frequently asked questions

When did 116 Magnolia Ln last sell?
116 Magnolia Ln most recently sold on Jul 22, 2022 for $345,000.
What is the current tax assessment for 116 Magnolia Ln?
The most recent total assessment for 116 Magnolia Ln (year 2020) is $49,725 with $1,114 in property tax.
How does 116 Magnolia Ln's assessment compare to its last sale price?
The current assessment is 85.6% below the last sale price of $345,000.
When was 116 Magnolia Ln built?
116 Magnolia Ln was built in 2007.
How does 116 Magnolia Ln compare to others on Magnolia Ln?
We track 3 other properties on Magnolia Ln. Browse the list under "Other properties on Magnolia Ln" to compare beds, baths, and sale history.
What are the property facts for 116 Magnolia Ln?
116 Magnolia Ln is a 3 bed, 3 bath, 2,500 sqft, 41,818 sqft lot single_family.
Is 116 Magnolia Ln a flip candidate?
No — 116 Magnolia Ln does not appear in our flips dataset.
Is 116 Magnolia Ln a tax-appeal candidate?
No — 116 Magnolia 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
+6.4%
Implied 1-yr
+25.7%
2026 Q3
$380.9K
2026 Q4
$398.2K
ZIP 37874 — Median Price History + Forecast

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