LOT 71 Saddleridge Dr, Speedwell, TN 37870#

Speedwell, TN 37870 | Claiborne County

Key Metrics#

MetricValue
Investment Score82/100
Asking Price$15,000
Acreage1.9 acres
Price/Acre$7,692/ac
County Median $/Ac$16,493/ac
vs County Median46.6%
Days on Market374
Flood ZoneUnknown
HOAUnknown
BrokerRocky Top Realty
Listing TypeFSBA

Motivation Signals#

  • 374 days on market
  • Price dropped $2,900
  • Reduction: $2,900 (Feb 18)
  • Absentee owner

Owner Information (ATTOM)#

FieldValue
OwnerJACK C KOENIG
Owner 2CHRISTINE A KOENIG
Mailing AddressSADDLERIDGE DRIVE, BOTKINS, OH 45306
Assessed Value$3,250
Market Value$13,000
Annual Tax$40 (2025)
Last Sale$74,900 (2005-12-30)
Parcel #079N B 02700
ZoningResidential
LegalDISTRICT: 1 ; SUBDIVISION: OVERLOOK BAY S/D ; LOT: 85 ; PLAT BOOK: A ; PLAT PAGE: 532

Asking/Assessed Ratio: 4.62 (above assessed)

Offer Strategy#

LevelOffer Price% of Asking
Aggressive$7,50050%
Standard$9,00060%
Conservative$10,50070%

Owner-Finance Projections#

Based on buying at $9,000 (standard offer), selling at 10% interest over 7 years

MetricValue
Sale Price (2.5x)$22,500
Down Payment (15%)$3,375
Financed Amount$19,125
Monthly Payment$317
Total Cash Received$30,045
Total Invested$9,400
Gross Profit$20,645
ROI220%