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Sevier 37862
1618 Monte Vista Drive
$284,000
● House - Off Market

1618 Monte Vista Drive

Sevierville, TN 37862
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,678 Ft²
$285,478
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Why Rent when you can Own? This charming home features 3 Bedrooms and 2 and a half Bathrooms! Excellent Location close to Downtown Sevierville and Pigeon Forge. Featuring a First Floor Master Bedroom with Full Bathroom and Walk-In Closet, 2 Bedrooms Upstairs plus a Bonus Room! The outdoor space includes a rear deck for basking in the beautiful Tennessee Sunshine or entertaining friends. Low monthly HOA fees include maintenance of the yard, roads and a community swimming pool. Don't miss this opportunity to live in the heart of Sevier County! Contact your favorite Agent to schedule a showing today!
Unit Size
1,678 Ft²
Days on Market
46 days
Land Size
0.10 acres
Price per sqft
$170
Property Type
House
Property Taxes
$57
HOA Dues
$100
Year Built
2006

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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: 8 months ago ( #257243)

Price History

Date / Event Date Event Price
Jun 27, 2023 Sold
Premium
Sold
May 12, 2023 Listed by Century 21 MVP $285,000
Listed by Century 21 MVP

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • 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: 1
  • Garage Square Area: 399
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,077
  • Gross Building Area: 2,077
  • Building Area: 1,678
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,678
  • 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: 01
  • State Land Use Code: C00
  • Legal Description 1: WILLOW TRACE PB 36 PG 72 LOT 55

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 073
  • District: 04
  • Parcel: 073-021.01-055
  • Lot: 55
  • Municipality: SEVIER COUNTY
  • Latitude: 35.8385
  • Longitude: -83.5307

    Address

  • Full Address: 1618 Monte Vista Dr
  • Address - House Number: 1618
  • Address - Street Name: Monte Vista
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R036
  • 4-Digit Zip Code: 6304
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 839
  • Tax Year: 2023
  • Tax Amount: $67,900
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 444,401
  • High Value: 648,441
  • Low Value: 240,360

    Market Valuation

  • Market Total Value: $183,600
  • Market Land Value: $25,000
  • Market Improvement Value: $158,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $45,900
  • Assessed Land Value: $6,250
  • Assessed Improvements Value: $39,650

    Sales

  • Current Sale Contract Date: Jun 27, 2023
  • Current Sale Recording Date: Jun 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19315
  • Previous Sale Recording Date: Nov 05, 2014
  • Previous Sale Contract Date: Oct 31, 2014
  • Previous Sale Amount: $152,000
  • 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

$337

Below Asking

0.02%

Average Days on Market

100

Average Home Size

2174 ft²

Average Home Age

22.9 years

Currently For Sale

2291 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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Frequently Asked Questions

When was property at 1618 Monte Vista Drive built and last sold?
The property at 1618 Monte Vista Drive was built in 2006 and last sold on Jun 27, 2023 for $284,000.
How much is this home worth?
The estimated value of the home located at 1618 Monte Vista Drive is $0.
What are some comparable homes to 1618 Monte Vista Drive?
There are currently no comparable homes to 1618 Monte Vista Drive.
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