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Sevier 37876
1559 Nicoha Boulevard
Photo of 1559 Nicoha Boulevard
Sold on Mar 14, 2019

30

Map

Photo of 1559 Nicoha Boulevard
Photo of 1559 Nicoha Boulevard
$285,000
● House - Off Market

1559 Nicoha Boulevard

Sevierville, TN 37876
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,470 Ft²
$418,684
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Enjoy Bluff Mountain views and beautiful sunsets! Two bedroom, two bath loft cabin on large corner lot with split-rail fencing in a very peaceful setting. Easy access, no steep roads and flat parking! Private back porch with hot tub, beautiful wooded scenery and mountain views. Cabin features tongue and groove walls, luxury vinyl plank flooring and a stone gas fireplace. Kitchen with stainless appliances remodeled in 2017 with hickory KraftMaid cabinets, under cabinet lighting and granite counters. 70% of crawlspace is floored for storage or possible expansion. Exterior stain in 2017. One year home warranty. Wonderful subdivision close to action packed Pigeon Forge. Enjoy low property taxes and zero HOA fees. Get it before it is gone!
Unit Size
1,470 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$190
Property Type
House
Property Taxes
$60
HOA Dues
-
Year Built
2003

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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 #RTC3237349)

Price History

Date / Event Date Event Price
Mar 14, 2019 Sold
Premium
Sold
Jan 24, 2019 Listed by Prime Mountain Properties $279,900
Listed by Prime Mountain Properties

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 39,204
  • Lot Size Depth Feet: 2,050
  • Lot Size Frontage Feet: 2,231
  • Total Building Area: 1,664
  • Gross Building Area: 1,664
  • Building Area: 1,664
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: NICOHA ESTATES
  • Land Acres: 0000000900
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: NICOHA ESTATES PB 33 PG 372 LOT 21-R 223.14 X 205.00 IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080401

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 082B
  • District: 16
  • Parcel: 082B-A-021.00
  • Lot: 21R
  • Municipality: SEVIER COUNTY
  • Latitude: 35.8152
  • Longitude: -83.628

    Address

  • Full Address: 1559 Nicoha Blvd
  • Address - House Number: 1559
  • Address - Street Name: Nicoha
  • Address - Suffix Type: Blvd
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R005
  • 4-Digit Zip Code: 2640
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 832
  • Tax Year: 2023
  • Tax Amount: $151,000
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.2759
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 60
  • Final Value: 606,349
  • High Value: 773,701
  • Low Value: 438,997

    Market Valuation

  • Market Total Value: $255,100
  • Market Land Value: $40,000
  • Market Improvement Value: $215,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $102,040
  • Assessed Land Value: $16,000
  • Assessed Improvements Value: $86,040

    Sales

  • Current Sale Contract Date: Mar 12, 2019
  • Current Sale Recording Date: Mar 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19008175
  • Previous Sale Recording Date: Oct 27, 2009
  • Previous Sale Amount: $183,600
  • 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:

$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

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Realtracs

Listed by: David Hackney, Prime Mountain Properties
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3237349
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 1559 Nicoha Boulevard built and last sold?
The property at 1559 Nicoha Boulevard was built in 2003 and last sold on Mar 12, 2019 for $285,000.
How much is this home worth?
The estimated value of the home located at 1559 Nicoha Boulevard is $295,455.
What are some comparable homes to 1559 Nicoha Boulevard?
There are currently no comparable homes to 1559 Nicoha Boulevard.
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