by Lee Lin
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Sevier 37876
1720 Ridgecrest Drive
Photo of 1720 Ridgecrest Drive
Sold on Mar 22, 2021

15

Map

Photo of 1720 Ridgecrest Drive
Photo of 1720 Ridgecrest Drive
$295,000
● House - Off Market

1720 Ridgecrest Drive

Sevierville, TN 37876
bedrooms
1 Bed
bathrooms
1 Bath
square feet
720 Ft²
$360,608
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Totally renovated this cabin is the perfect overnight rental or vacation home. Exterior has NEW metal roof and gutters, is freshly stained, has new front deck. Newer HVAC, washer/dryer, & water heater. Inside you will find new stainless appliances and granite countertops and new cabinets. New plumbing fixtures. An AMAZING new 5X7 tile shower with dual shower heads! Interior freshly painted, new doors, new smart thermostat. Comes fully furnished and new owners can take advantage of plenty of bookings already on the calendar for 2021! Huge screened in back deck featuring new hot tub and swing to enjoy. Upgraded gas fireplace. $30k+ in 2020 even during a pandemic.
Unit Size
720 Ft²
Days on Market
-
Land Size
-
Price per sqft
$403
Property Type
House
Property Taxes
$43
HOA Dues
-
Year Built
1993

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 months ago (Realtracs #RTC3554348)

Price History

Date / Event Date Event Price
Sep 22, 2022 No longer available -
No longer available
Jul 19, 2022 In contract -
In contract
Jul 15, 2022 Price Decreased $430,000
↓ $25K (5.5%)
Price Decreased
Jul 11, 2022 Price Decreased $455,000
↓ $15K (3.2%)
Price Decreased
Jul 6, 2022 Listed by Regal Real Estate TN, LLC $470,000
Listed by Regal Real Estate TN, LLC
This cabin is the perfect overnight rental or vacation home. Cabin grossed $35k in 2021! Exterior has newer metal roof and gutters, newer HVAC, washer/dryer & water heater. Inside you will find stainless appliances, granite countertops and nice cabinets. Master bath features an AMAZING 5X7 tile shower with dual shower heads. Interior freshly painted, has a smart thermostat and comes fully furnished. Huge screened in back deck featuring hot tub and swing to relax and enjoy the peaceful setting. The manager has listed the unit size as 720 square feet.
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • 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: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 125
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 2,080
  • Lot Size Frontage Feet: 905
  • Total Building Area: 720
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 720
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: HIDDEN MTN VIEW EXT
  • Land Acres: 0000001000
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: HIDDEN MTN VIEW EXT PB 13 PG 52 LOT 167 #5167 90.5 X 208 IRR

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 082I
  • District: 16
  • Parcel: 082I-B-018.00
  • Lot: 167
  • Municipality: SEVIER COUNTY
  • Latitude: 35.8043
  • Longitude: -83.6373

    Address

  • Full Address: 1720 Ridgecrest Dr
  • Address - House Number: 1720
  • Address - Street Name: Ridgecrest
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 720
  • Tax Year: 2023
  • Tax Amount: $103,800
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 441,150
  • High Value: 643,697
  • Low Value: 238,602

    Market Valuation

  • Market Total Value: $175,300
  • Market Land Value: $35,000
  • Market Improvement Value: $140,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $70,120
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $56,120

    Sales

  • Current Sale Contract Date: Sep 16, 2022
  • Current Sale Recording Date: Sep 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 38011
  • Previous Sale Recording Date: Mar 23, 2021
  • Previous Sale Contract Date: Mar 17, 2021
  • Previous Sale Amount: $295,000
  • 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:

$554,000

Sale Price/ft²

$333

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2190 ft²

Average Home Age

22.8 years

Currently For Sale

2489 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: Suzi Greenlee, Regal Real Estate Tn llc
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3554348
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 1720 Ridgecrest Drive built and last sold?
The property at 1720 Ridgecrest Drive was built in 1993 and last sold on Sep 16, 2022 for $420,000.
How much is this home worth?
The estimated value of the home located at 1720 Ridgecrest Drive is $421,202.
What are some comparable homes to 1720 Ridgecrest Drive?
There are currently no comparable homes to 1720 Ridgecrest Drive.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Sevier Homes for Sale
Sevier Houses for Sale
Sevier Condos for Sale
Sevier Townhouses for Sale
Sevier Multifamily for Sale
Sevier Land for Sale
Sevier Commercial for Sale
Sevier Homes with Basements
Nearby Cities
Knoxville Homes for Sale
Oak Ridge Homes for Sale
Maryville Homes for Sale
Gatlinburg Homes for Sale
Morristown Homes for Sale
Tellico Village Homes for Sale
Greeneville Homes for Sale
Pigeon Forge Homes for Sale
Nearby Property Records
Sevier County, TN Property Records
Jefferson County, TN Property Records
Blount County, TN Property Records
Knox County, TN Property Records
Swain County, NC Property Records
Cocke County, TN Property Records
Hamblen County, TN Property Records
Haywood County, NC Property Records
Neighborhoods
South Knoxville Real Estate
Park City Real Estate
Oakwood Real Estate
Parkridge Real Estate
Belle Morris Real Estate
Mechanicsville Real Estate
Beaumont Real Estate
Old North Knoxville Real Estate
Nearby Counties
Knox Homes for Sale
Blount Homes for Sale
Macon Homes for Sale
Jackson Homes for Sale
Greene Homes for Sale
Jefferson Homes for Sale
Loudon Homes for Sale
Haywood Homes for Sale
Top Real Estate Agents
Top Agents in Sevier
Top Agents in Knox
Top Agents in Knoxville
Top Agents in Blount
Top Agents in Macon
Top Agents in Jackson
Top Agents in Greene
Top Agents in 37876