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Sevier 37862
1825 Placid Drive
$335,000
● House - Off Market

1825 Placid Drive

Sevierville, TN 37862
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,700 Ft²
$531,739
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

Executive 4bd,3ba with all modern conveniences.Centrally located near hospital, medical, schools and more. Open floor plan -split bedrooms- master bedroom with ensuite bath -jetted tub -separate shower.Granite counter tops. 4th Bedroom down stairs,with it's own bathroom can be extra living space.Front patio and rear deck. Great views.
Unit Size
2,700 Ft²
Days on Market
289 days
Land Size
0.38 acres
Price per sqft
$130
Property Type
House
Property Taxes
$16
HOA Dues
$35
Year Built
2018

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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: 6 months ago ( #215383)

Price History

Date / Event Date Event Price
Jan 18, 2019 Sold
Premium
Sold
Apr 4, 2018 Listed by Smoky Mtns Real Estate, LLC $349,900
Listed by Smoky Mtns Real Estate, LLC

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 1,952
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,553
  • Lot Size Depth Feet: 1,784
  • Lot Size Frontage Feet: 957
  • Total Building Area: 4,388
  • Gross Building Area: 4,388
  • Building Area: 3,904
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 3,904
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANDMARK POINT PH 1
  • Land Acres: 0000000380
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: LANDMARK POINT PH 1 PB LM 6 PG 184 LOT 33 SECTION 3 95.70 X 178.37 IRR

Neighborhood

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

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 073B
  • District: 04
  • Parcel: 073B-E-033.00
  • Lot: 33
  • Municipality: SEVIER COUNTY
  • Latitude: 35.8383
  • Longitude: -83.5165

    Address

  • Full Address: 1825 Placid Dr
  • Address - House Number: 1825
  • Address - Street Name: Placid
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R003
  • 4-Digit Zip Code: 9109
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 1,952
  • Tax Year: 2023
  • Tax Amount: $150,000
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.2449
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 65
  • Final Value: 575,395
  • High Value: 716,365
  • Low Value: 434,425

    Market Valuation

  • Market Total Value: $405,400
  • Market Land Value: $40,000
  • Market Improvement Value: $365,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $101,350
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $91,350

    Sales

  • Current Sale Contract Date: Mar 26, 2021
  • Current Sale Recording Date: Mar 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21010706
  • Previous Sale Recording Date: Nov 25, 2015
  • Previous Sale Contract Date: Nov 25, 2015
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: 68
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

97

Average Home Size

1909 ft²

Average Home Age

22.7 years

Currently For Sale

2450 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

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Frequently Asked Questions

When was property at 1825 Placid Drive built and last sold?
The property at 1825 Placid Drive was built in 2018 and last sold on Mar 26, 2021 for $335,000.
How much is this home worth?
The estimated value of the home located at 1825 Placid Drive is $0.
What are some comparable homes to 1825 Placid Drive?
There are currently no comparable homes to 1825 Placid Drive.
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