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Sevier 37876
1518 Gregory Way
Photo of 1518 Gregory Way
Sold on Nov 4, 2022

28

Map

Photo of 1518 Gregory Way
Photo of 1518 Gregory Way
$715,000
● House - Off Market

1518 Gregory Way

Sevierville, TN 37876
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,984 Ft²
$737,655
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

2 bedroom/2 full bathroom cabin with a loft and movie room! Convenient, yet secluded, location with easy access to Pigeon Forge and Gatlinburg. This cabin has three levels and tons of square footage! It has an open concept kitchen, dining, and living room and you can relax on the covered, wraparound deck while enjoying the peaceful sounds of the mountains. The main level also has a bedroom and a full bathroom. Upstairs is the second bedroom, full bathroom, and a loft that's open to the living room below. The lower level has a large game room, separate movie area, a half bathroom, and access to the second covered deck. **Finished photos are of a similar cabin by the same builder**
Unit Size
1,984 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$352
Property Type
House
Property Taxes
$6
HOA Dues
-
Year Built
2022

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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: 2 months ago (Realtracs #RTC3543567)

Price History

Date / Event Date Event Price
Nov 4, 2022 Sold
Premium
Sold
Sep 2, 2022 Listed by Local Realty Group $699,000
Listed by Local Realty Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 15
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,700
  • Lot Size Depth Feet: 1,305
  • Lot Size Frontage Feet: 2,773
  • Total Building Area: 2,184
  • Gross Building Area: 2,184
  • Building Area: 2,184
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 2,184
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: GREGORY PROPERTY
  • Land Acres: 0000000590
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: GREGORY PROPERTY PB LM2 PG 26 LOT 13 277.25 X 130.50 IRR

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 064M
  • District: 03
  • Parcel: 064M-D-013.00
  • Lot: 13
  • Municipality: SEVIER COUNTY
  • Latitude: 35.837
  • Longitude: -83.4098

    Address

  • Full Address: 1518 Gregory Way
  • Address - House Number: 1518
  • Address - Street Name: Gregory
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R021
  • 4-Digit Zip Code: 2049
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 728
  • Tax Year: 2023
  • Tax Amount: $250,400
  • Tax Rate Code Area: 78A00

    Market Valuation

  • Market Total Value: $422,900
  • Market Land Value: $20,000
  • Market Improvement Value: $402,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $169,160
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $161,160

    Sales

  • Current Sale Contract Date: Nov 04, 2022
  • Current Sale Recording Date: Nov 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 43074
  • Previous Sale Recording Date: Jan 10, 2022
  • Previous Sale Contract Date: Jan 04, 2022
  • Previous Sale Amount: $26,000
  • 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 Sevier

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$338

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1901 ft²

Average Home Age

22.6 years

Currently For Sale

2397 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

Click here to view more rentals in the neighborhood.
Realtracs

Listed by: Rachel Beasley, Local Realty Group
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3543567
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 1518 Gregory Way built and last sold?
The property at 1518 Gregory Way was built in 2022 and last sold on Nov 4, 2022 for $715,000.
How much is this home worth?
The estimated value of the home located at 1518 Gregory Way is $708,781.
What are some comparable homes to 1518 Gregory Way?
There are currently no comparable homes to 1518 Gregory Way.
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