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Sevier 37876
1620 Ski View Drive
Photo of 1620 Ski View Drive
Sold on Jun 15, 2022

15

Map

Photo of 1620 Ski View Drive
Photo of 1620 Ski View Drive
$525,000
● House - Off Market

1620 Ski View Drive

Sevierville, TN 37876
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,080 Ft²
$531,086
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Oh, Cabin Sweet Cabin, where for art thou? Look no further than this one-of-a-kind Romantic Mountain getaway with a bit of sweet cabin charm and luxury. Cabin Sweet Cabin is the PERFECT place to RELAX, UNWIND and spend some quality time with that Someone Special. With all the LUXURIES of home and more, a Fully Equipped Kitchen, Large Master Suite offering KING size Iron Bed and Jacuzzi tub, Gas Log Fireplace, lofted Game room with Pool Table and lots of privacy. This Luxury cabin is the PERFECT location for Honeymoon, Anniversary or just a ROMANTIC WEEKEND away from the kids. Make plans to own your own CABIN SWEET CABIN!
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$486
Property Type
House
Property Taxes
$57
HOA Dues
$24
Year Built
2003

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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: 4 months ago (Realtracs #RTC3236187)

Price History

Date / Event Date Event Price
Jun 15, 2022 Sold
Premium
Sold
Apr 30, 2022 Listed by Prime Mountain Properties $525,000
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: 6
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • 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: 43,560
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,080
  • Gross Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: SKY HARBOR SEC F
  • Land Acres: 0000001000
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: SKY HARBOR SEC F PB 15 PG 25 LOT 713 TS#3855R TS#4316 80 X 140 M IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080804

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 107P
  • District: 11
  • Parcel: 107P-B-027.00
  • Lot: 713
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7543
  • Longitude: -83.4885

    Address

  • Full Address: 1620 W Ski View Dr
  • Address - House Number: 1620
  • Street Direction: W
  • Address - Street Name: Ski View
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 720
  • Tax Year: 2023
  • Tax Amount: $168,100
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.0876
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 92
  • Final Value: 509,176
  • High Value: 553,791
  • Low Value: 464,561

    Market Valuation

  • Market Total Value: $283,900
  • Market Land Value: $32,000
  • Market Improvement Value: $251,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $113,560
  • Assessed Land Value: $12,800
  • Assessed Improvements Value: $100,760

    Sales

  • Current Sale Contract Date: Jun 15, 2022
  • Current Sale Recording Date: Jun 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 26323
  • Previous Sale Recording Date: Jun 08, 2005
  • Previous Sale Amount: $175,900
  • 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

$331

Below Asking

0.02%

Average Days on Market

97

Average Home Size

2204 ft²

Average Home Age

22.5 years

Currently For Sale

2542 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: Michele Harrill, Prime Mountain Properties
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3236187
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 1620 West Ski View Drive built and last sold?
The property at 1620 West Ski View Drive was built in 2003 and last sold on Jun 15, 2022 for $525,000.
How much is this home worth?
The estimated value of the home located at 1620 West Ski View Drive is $525,517.
What are some comparable homes to 1620 West Ski View Drive?
There are currently no comparable homes to 1620 West Ski View Drive.
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