1412 Echota Ln, Mooresburg, TN 37811#
Mooresburg, TN 37811 | Hawkins County
Key Metrics#
| Metric | Value |
|---|
| Investment Score | 77/100 |
| Asking Price | $15,900 |
| Acreage | 2.2 acres |
| Price/Acre | $7,361/ac |
| County Median $/Ac | $18,068/ac |
| vs County Median | 40.7% |
| Days on Market | 283 |
| Flood Zone | Unknown |
| HOA | Unknown |
| Broker | The Ferguson Company |
| Listing Type | FSBA |
Motivation Signals#
- 283 days on market
- Absentee owner
| Field | Value |
|---|
| Owner | JAY M SETTY |
| Mailing Address | 429 N BOSART AVE, INDIANAPOLIS, IN 46201-3733 |
| Assessed Value | $2,300 |
| Market Value | $9,200 |
| Annual Tax | $59 (2025) |
| Last Sale | $9,000 (2018-05-29) |
| Parcel # | 142H B 02600 |
| Zoning | Residential |
| Legal | DISTRICT: 02 CW4 HARRY MANUS JR, COUNTY AREA: L01 |
Asking/Assessed Ratio: 6.91 (above assessed)
Offer Strategy#
| Level | Offer Price | % of Asking |
|---|
| Aggressive | $7,950 | 50% |
| Standard | $9,540 | 60% |
| Conservative | $11,130 | 70% |
Owner-Finance Projections#
Based on buying at $9,540 (standard offer), selling at 10% interest over 7 years
| Metric | Value |
|---|
| Sale Price (2.5x) | $23,850 |
| Down Payment (15%) | $3,577 |
| Financed Amount | $20,273 |
| Monthly Payment | $336 |
| Total Cash Received | $31,848 |
| Total Invested | $9,940 |
| Gross Profit | $21,908 |
| ROI | 220% |
Due Diligence Links#