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Jefferson 37876
1111 GORDON Way
Photo of 1111 GORDON Way
Sold on Nov 15, 2021

55

Map

Photo of 1111 GORDON Way
Photo of 1111 GORDON Way
$425,900
● House - Off Market

1111 GORDON Way

Sevierville, TN 37876
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,512 Ft²
$474,909
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Great investment log cabin in Douglas Lake Resort!! This 3 br 2.5 bath cabin with loft has a complete wrap around porch with hottub, rocking chairs and grilling area. Open floor plan with vaulted ceiling in the living and kitchen area. Both downstairs bedrooms have full bathrooms the upstairs loft bedroom has a half bath and gaming area. Laundry located in the downstairs hallway. This cabin feel great has some mountain views and great parking. This cabin has been renting great and is on track to have the best year ever. This resort has walking trails, swimming pool, club house, playground and boat ramp.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$282
Property Type
House
Property Taxes
$80
HOA Dues
$500
Year Built
2000

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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: 3 months ago (Realtracs #RTC3283445)

Price History

Date / Event Date Event Price
Nov 15, 2021 Sold
Premium
Sold
Jul 25, 2021 Listed by TN Smoky Mtn Realty $425,900
Listed by TN Smoky Mtn Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 6
  • 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: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 1,512
  • Gross Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DOUGLAS LAKE RESORT RESUB
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 03
  • State Land Use Code: C00
  • Legal Description 1: DOUGLAS LAKE RESORT RESUB PB: M PG: 339 LOT: 96 105.25 X 155.2 IRR CABIN #145

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 080804

Geography

  • Assessors Map Reference: 094J
  • District: 08
  • Parcel: 094J-B-033.00
  • Lot: 96
  • Municipality: JEFFERSON CNTY-UNINCORPORATED
  • Latitude: 35.9286
  • Longitude: -83.4856

    Address

  • Full Address: 1111 Gordon Way
  • Address - House Number: 1111
  • Address - Street Name: Gordon
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 1,008
  • Tax Year: 2022
  • Tax Amount: $97,700
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 45A00

    Appraisal Valuation

  • Standard Deviation: 0.273
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 60
  • Final Value: 478,557
  • High Value: 609,228
  • Low Value: 347,886

    Market Valuation

  • Market Total Value: $178,400
  • Market Land Value: $20,000
  • Market Improvement Value: $158,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,600
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $39,600

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Nov 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21011145
  • Previous Sale Recording Date: Aug 29, 2014
  • Previous Sale Contract Date: Aug 25, 2014
  • Previous Sale Amount: $125,500
  • Previous Sale Document Type: 71
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 Jefferson

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$229

Below Asking

0.02%

Average Days on Market

88

Average Home Size

1922 ft²

Average Home Age

29.5 years

Currently For Sale

290 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: Jared Cowart, TN Smoky Mtn Realty
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3283445
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 1111 Gordon Way built and last sold?
The property at 1111 Gordon Way was built in 2000 and last sold on Nov 15, 2021 for $425,900.
How much is this home worth?
The estimated value of the home located at 1111 Gordon Way is $410,570.
What are some comparable homes to 1111 Gordon Way?
There are currently no comparable homes to 1111 Gordon Way.
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