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Sevier 37876
1161 Red Maple Lane
Photo of 1161 Red Maple Lane
Sold on Aug 12, 2024

24

Map

Photo of 1161 Red Maple Lane
Photo of 1161 Red Maple Lane
$237,000
● House - Off Market

1161 Red Maple Lane

Sevierville, TN 37876
bedrooms
1 Bed
bathrooms
1 Bath
square feet
882 Ft²
$1,277
Est. Monthly
$25
HOA / Fees

About This Property

Escape to your private retreat in this cozy 1 bed, 1 bath log cabin nestled on approximately 0.64 acres of wooded land. Recently updated with new flooring, kitchen, appliances, paint, and HVAC, this home offers modern comfort in a serene setting. Relax on the large porch and enjoy the peaceful surroundings. Plus, with an extra half-acre lot included, there's potential to expand or build a second home or detached garage. Don't miss out on this opportunity to own your slice of tranquility! Schedule your showing today.
Unit Size
882 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$283
Property Type
House
Property Taxes
$24
HOA Dues
$25
Year Built
1978

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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 #RTC3265471)

Price History

Date / Event Date Event Price
Aug 12, 2024 Sold
Premium
Sold
Apr 2, 2024 Listed by The Real Estate Firm Inc. $249,900
Listed by The Real Estate Firm Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 10
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 3
  • Basement Area: 112
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 58
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 2,039
  • Lot Size Frontage Feet: 1,157
  • Total Building Area: 882
  • Gross Building Area: 882
  • Building Area: 882
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 14
  • Heated Square Feet: 882
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ENGLISH MTN SEC H
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 03
  • State Land Use Code: C00
  • Legal Description 1: ENGLISH MTN SEC H PB 10 PG 35 LOT 30 115.72 X 203.87 X IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080702

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 043M
  • District: 01
  • Parcel: 043M-A-042.00
  • Lot: 30
  • Municipality: SEVIER COUNTY
  • Latitude: 35.8784
  • Longitude: -83.3122

    Address

  • Full Address: 1161 Red Maple Ln
  • Address - House Number: 1161
  • Address - Street Name: Red Maple
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R006
  • 4-Digit Zip Code: 9216
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 770
  • Tax Year: 2023
  • Tax Amount: $29,000
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4642
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 7
  • Final Value: 147,224
  • High Value: 215,568
  • Low Value: 78,879

    Market Valuation

  • Market Total Value: $78,300
  • Market Land Value: $6,300
  • Market Improvement Value: $72,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $19,575
  • Assessed Land Value: $1,575
  • Assessed Improvements Value: $18,000

    Sales

  • Current Sale Contract Date: Apr 13, 2021
  • Current Sale Recording Date: Apr 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21013004
  • Previous Sale Recording Date: Mar 18, 2002
  • Previous Sale Amount: $45,900
  • Previous Sale Document Type: 27
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 Sevier

Stats & Trends

Median Asking:

$576,500

Sale Price/ft²

$338

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1891 ft²

Average Home Age

22.7 years

Currently For Sale

2373 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

Rentals Near You

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Realtracs

Listed by: Kelly White, The Real Estate Firm Inc.
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3265471
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 1161 Red Maple Lane built and last sold?
The property at 1161 Red Maple Lane was built in 1978 and last sold on Apr 13, 2021 for $75,000.
How much is this home worth?
The estimated value of the home located at 1161 Red Maple Lane is $257,209.
What are some comparable homes to 1161 Red Maple Lane?
There are currently no comparable homes to 1161 Red Maple Lane.
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