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Sevierville 37862
1012 Patty Avenue
Photo of 1012 Patty Avenue
Sold on Apr 26, 2019

26

Map

Photo of 1012 Patty Avenue
Photo of 1012 Patty Avenue
$142,000
● House - Off Market

1012 Patty Avenue

Sevierville, TN 37862
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,742 Ft²
$215,166
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

3 bedroom 2.5 bath home located in the heart of Sevierville. Just a 5 minute drive to Walmart, Tanger Outlets, and restaurants. Great home with a level front yard. Back yard has a little slope with large mature trees. Exiting the dinning room to a deck that over looks the back yard. The master bedroom also has a deck for coffee in the mornings.
Unit Size
1,742 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$83
Property Type
House
Property Taxes
$44
HOA Dues
-
Year Built
1975

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (Realtracs #RTC3299204)

Price History

Date / Event Date Event Price
Dec 20, 2022 No longer available -
No longer available
Jun 20, 2022 Price Decreased $329,000
↓ $41K (11.1%)
Price Decreased
Jun 15, 2022 Listed by Bear Land Realty And Auction $369,900
Listed by Bear Land Realty And Auction
Owner says sell !!! This charming rancher is located in the heart of Sevierville and sits on over 1/3 of an acre in an established residential neighborhood w/ all public utilities and a large usable yard w/ many mature trees. Your new home is just minutes from all Sevier County has to offer. The manager has listed the unit size as 2080 square feet.
Apr 26, 2019 Sold
Premium
Sold
Apr 1, 2019 Listed by United Real Estate Solutions $145,000
Listed by United Real Estate Solutions

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 6
  • Basement Area: 1,040
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 34
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,443,120
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 2,080
  • Gross Building Area: 2,080
  • Building Area: 1,742
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,742
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREATER MARSHALL WOODS
  • Land Acres: 0000102000
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: GREATER MARSHALL WOODS PB 11 PG 42 LOT 93 100 X 164.3 IRR

Neighborhood

  • School District Name: Sevier County School District
  • School Tax School District: 78653
  • Census Tract: 080500

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 061J
  • District: 05
  • Parcel: 061J-B-030.00
  • Lot: 93
  • Municipality: SEVIERVILLE
  • Latitude: 35.8507
  • Longitude: -83.5725

    Address

  • Full Address: 1012 Patty Ave
  • Address - House Number: 1012
  • Address - Street Name: Patty
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R024
  • 4-Digit Zip Code: 4225
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 1,040
  • Tax Year: 2023
  • Tax Amount: $88,200
  • Tax Rate Code Area: 78A04

    Appraisal Valuation

  • Standard Deviation: 0.0876
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 312,534
  • High Value: 339,918
  • Low Value: 285,149

    Market Valuation

  • Market Total Value: $119,200
  • Market Land Value: $36,000
  • Market Improvement Value: $83,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $29,800
  • Assessed Land Value: $9,000
  • Assessed Improvements Value: $20,800

    Sales

  • Current Sale Contract Date: Apr 26, 2019
  • Current Sale Recording Date: Apr 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19012697
  • Previous Sale Recording Date: Apr 02, 1990
  • Previous Sale Amount: $56,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Sevierville

Stats & Trends

Median Asking:

$409,900

Sale Price/ft²

$265

Below Asking

0.01%

Average Days on Market

97

Average Home Size

1888 ft²

Average Home Age

28.5 years

Currently For Sale

196 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Realtracs

Listed by: Bryan Kendrick, United Real Estate Solutions
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3299204
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 1012 Patty Avenue built and last sold?
The property at 1012 Patty Avenue was built in 1975 and last sold on Apr 26, 2019 for $138,800.
How much is this home worth?
The estimated value of the home located at 1012 Patty Avenue is $342,545.
What are some comparable homes to 1012 Patty Avenue?
There are currently no comparable homes to 1012 Patty Avenue.
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