$525,000
●
House -
For Sale
1309 Mortar Road
Sevierville, TN 37876
3 Beds
2 Baths
1,142 Ft²
$2,600
Est. Monthly
About This Property
Beautifully crafted with pinewood walls and ceilings, this inviting
3-bedroom, 2-bath home in Sevierville blends rustic charm with
modern comfort. The open-concept kitchen, dining, and living area
creates an effortless flow, anchored by an electric fireplace and
enhanced by LVP flooring throughout for durability and style. The
kitchen features a center island, granite countertops, and
thoughtful workspace--perfect for everyday living or hosting
guests. Step outside to a spacious deck ideal for entertaining, all
framed by a wood privacy fence that adds both seclusion and warmth.
An added bonus: Furniture stays, making this home truly move-in
ready.
Unit Size
1,142 Ft²
Days on Market
49 days
Land Size
0.83 acres
Price per sqft
$460
Property Type
House
Property Taxes
$22
HOA Dues
-
Year Built
1980
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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: 2 months ago ( #313539)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2026 | Listed by The Dwight Price Group/ Realty Exec. Assc. | $525,000 | |
| Listed by The Dwight Price Group/ Realty Exec. Assc. | |||
| Oct 8, 2024 | Sold | ||
| Sold | |||
| Aug 9, 2024 | Listed by Monarch Realty LLC | $349,900 | |
| Listed by Monarch Realty LLC | |||
   | |||
|
Motivated Sellers! Introducing this completely remodeled, from the ground up, inside and out, 3 bedroom, 2 bath chalet just minutes from Wears Valley Rd. Everything in this place is brand new. Enjoy a spacious interior with tongue and groove throughout, granite countertops, and an electric fireplace. Sitting on almost an acre of land, the yard is huge, with a brand new privacy fence surrounding most of it and a new back deck was added for entertaining or relaxing. No steep or mountainous roads to navigate either. Whether you want to make this your permanent residence or overnight rental, the choice is yours. This property is about 20 minutes from Dollywood and Pigeon Forge in one direction or about 30 minutes to Townsend, the peaceful side of the Smokies, in the other. Come check it out for yourself today. Projections from Avada Property Mgnt: $72K-100K, fully furnished w/ hot tub etc. Virtual Staging used.
| |||
| May 25, 2024 | Listed by Monarch Realty LLC | $374,900 | |
| Listed by Monarch Realty LLC | |||
   | |||
|
JUST REDUCED! Introducing this completely remodeled, from the ground up, inside and out, 3 bedroom, 2 bath chalet just minutes from Wears Valley Rd. Everything in this place is brand new. Enjoy a spacious interior with tongue and groove throughout, granite countertops, and an electric fireplace. Sitting on almost an acre of land, the yard is huge, with a brand new privacy fence surrounding most of it and a new back deck was added for entertaining or relaxing. No steep or mountainous roads to navigate either. Whether you want to make this your permanent residence or overnight rental, the choice is yours. This property is about 20 minutes from Dollywood and Pigeon Forge in one direction or about 30 minutes to Townsend, the peaceful side of the Smokies, in the other. Come check it out for yourself today. Projections from Avada Property Mgnt: $72K-100K, fully furnished w/ hot tub etc. Virtual Staging used.
| |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Open Parking
Parking Features: Driveway, Gravel, Kitchen Level
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s), Kitchen Island, Great Room, Kitchen/Dining Combo, Walk-In Shower(s)
Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer
Flooring Type: Luxury Vinyl
Door Features: Sliding Doors
Laundry Features: Electric Dryer Hookup, Laundry Closet, Main Level
Has Fireplace
Fireplace Features: Electric
Fireplaces: 1
Exterior Details
Square Footage: 1142
Property Condition: Updated/Remodeled
Architectural Style: Traditional, Cottage
Year Built: 1980
Building Area Total: 1142
Levels: One
Window Features: Insulated Windows
Construction Materials: Wood Siding
Patio and Porch Features: Deck
Lot Features: Irregular Lot, Level, Private, Country Setting
Lot Size Area: 0.83
Lot Size Units: Acres
Lot Size Acres: 0.83
Lot Size Square Feet: 36154.8
Lot Size Dimensions: 234.97 X 113.78 IRR
Tax Lot: 3
Water Source: Well
Financial Details
Tax Annual Amount: $260
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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