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Sevier 37876
1515 SKI VIEW Lane
$70,000
● House - Off Market

1515 SKI VIEW Lane

Sevierville, TN 37876
bedrooms
1 Bed
bathrooms
1 Bath
square feet
408 Ft²
$109,082
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

WHAT A GREAT VIEW WITH THIS LITTLE GETAWAY! This is a mobile that looks like a small cabin inside and out. Has permanent foundation installed. High ceilings, wood interior. Electric Fireplace, patio doors to over sized deck with a super view. Driveway is paved, steep! Has parking space at top of driveway. A little cutie tucked away in the woods for privacy.
Unit Size
408 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$168
Property Type
House
Property Taxes
$28
HOA Dues
-
Year Built
2002

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Cap Rate Calculator

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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 (Realtracs #RTC3257311)

Price History

Date / Event Date Event Price
Sep 12, 2017 Sold
Premium
Sold
Sep 1, 2017 Listed by Colonial Real Estate, Inc $68,500
Listed by Colonial Real Estate, Inc

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 1
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 2,050
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 408
  • Gross Building Area: 408
  • Building Area: 408
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 408
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: SKY HARBOR
  • Land Acres: 0000001000
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Mobile Home Indicator: T
  • Legal Description 1: SKY HARBOR PB 14 PG 42 LOT 456 130M X 205M IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 081104

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 107I
  • District: 11
  • Parcel: 107I-B-007.00
  • Lot: 456
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7567
  • Longitude: -83.4898

    Address

  • Full Address: 1515 Ski View Ln
  • Address - House Number: 1515
  • Address - Street Name: Ski View
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R002
  • 4-Digit Zip Code: 4953
  • Zip Code: 37876

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $42,900
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 80,657
  • High Value: 117,689
  • Low Value: 43,624

    Market Valuation

  • Market Total Value: $72,500
  • Market Land Value: $32,000
  • Market Improvement Value: $40,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $29,000
  • Assessed Land Value: $12,800
  • Assessed Improvements Value: $16,200

    Sales

  • Current Sale Contract Date: Sep 12, 2017
  • Current Sale Recording Date: Sep 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17031122
  • Previous Sale Recording Date: Apr 25, 2006
  • Previous Sale Amount: $95,000
  • 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:

$550,000

Sale Price/ft²

$332

Below Asking

0.02%

Average Days on Market

99

Average Home Size

2197 ft²

Average Home Age

22.6 years

Currently For Sale

2484 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: Cynthia Feiler, Colonial Real Estate, Inc
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3257311
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 1515 Ski View Lane built and last sold?
The property at 1515 Ski View Lane was built in 2002 and last sold on Sep 12, 2017 for $70,000.
How much is this home worth?
The estimated value of the home located at 1515 Ski View Lane is $73,957.
What are some comparable homes to 1515 Ski View Lane?
There are currently no comparable homes to 1515 Ski View Lane.
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