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Sevier 37862
1607 Monte Vista Drive
Photo of 1607 Monte Vista Drive
Sold on Mar 15, 2022

23

Map

Photo of 1607 Monte Vista Drive
Photo of 1607 Monte Vista Drive
$270,000
● House - Off Market

1607 Monte Vista Drive

Sevierville, TN 37862
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,299 Ft²
$252,293
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Great opportunity to purchase a 3 bed/2 bath home in a wonderful neighborhood in Sevier County! Conveniently located in the Willow Trace Subdivision, which has an outdoor community pool and serene setting. Only minutes away from LeConte Medical Center, schools, shopping, restaurants and entertainment in Pigeon Forge and Sevierville. This adorable home has a primary bedroom with ensuite bathroom and direct access to the back deck. The other 2 bedrooms are nice sized and have their own closets. There is a 2nd bathroom in the hall. You will LOVE the private, covered front porch. The one car garage provides additional parking and extra storage space! Don't miss your chance to own your very own property in the perfect location! City Water and Sewer!
Unit Size
1,299 Ft²
Days on Market
-
Land Size
-
Price per sqft
$189
Property Type
House
Property Taxes
$51
HOA Dues
$100
Year Built
2005

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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: 19 days ago (Realtracs #RTC3277458)

Price History

Date / Event Date Event Price
Mar 15, 2022 Sold
Premium
Sold
Feb 24, 2022 Listed by Mountain Realty Group $245,000
Listed by Mountain Realty Group

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 58
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 312
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,611
  • Gross Building Area: 1,611
  • Building Area: 1,299
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,299
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLOW TRACE
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: WILLOW TRACE PB 36 PG 72 LOT 24

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080803

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 073
  • District: 04
  • Parcel: 073-021.01-024
  • Lot: 24
  • Municipality: SEVIER COUNTY
  • Latitude: 35.8388
  • Longitude: -83.5302

    Address

  • Full Address: 1607 Monte Vista Dr
  • Address - House Number: 1607
  • Address - Street Name: Monte Vista
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R036
  • 4-Digit Zip Code: 6305
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 1,299
  • Tax Year: 2023
  • Tax Amount: $58,800
  • Tax Rate Code Area: 78A00

    Market Valuation

  • Market Total Value: $158,900
  • Market Land Value: $25,000
  • Market Improvement Value: $133,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $39,725
  • Assessed Land Value: $6,250
  • Assessed Improvements Value: $33,475

    Sales

  • Current Sale Recording Date: Oct 02, 2007
  • Current Sale Price:
    Premium
  • Current 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:

$578,950

Sale Price/ft²

$338

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1889 ft²

Average Home Age

22.7 years

Currently For Sale

2363 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: Lesley Adams, Mountain Realty Group
Last Updated: 19 days ago
Data Source: Realtracs, MLS# RTC3277458
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 1607 Monte Vista Drive built and last sold?
The property at 1607 Monte Vista Drive was built in 2005 and last sold on Jan 1, 1970 for $193,900.
How much is this home worth?
The estimated value of the home located at 1607 Monte Vista Drive is $256,095.
What are some comparable homes to 1607 Monte Vista Drive?
There are currently no comparable homes to 1607 Monte Vista Drive.
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