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Sevier 37862
1850 Trout Way
Photo of 1850 Trout Way
Sold on Nov 10, 2021

3

Map

Photo of 1850 Trout Way
Photo of 1850 Trout Way
$465,000
● House - Off Market

1850 Trout Way

Sevierville, TN 37862
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,008 Ft²
$518,508
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Cabin with a creek! Gorgeous very well taken care of cabin. Home is currently being used as a vacation home but can be used as a overnight rental. This home is located in a quiet community 4 miles from Dollywood and 13 miles to Gatlinburg. No steep roads and lots of parking. Community has a park & a pavillion. Most of the furniture conveys with home and could easily be converted into a overnight rental.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$461
Property Type
House
Property Taxes
$49
HOA Dues
$103
Year Built
2001

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #RTC3268092)

Price History

Date / Event Date Event Price
Nov 10, 2021 Sold
Premium
Sold
Aug 28, 2021 Listed by Mountain Home Realty $465,000
Listed by Mountain Home Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 5
  • 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: 59
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 638
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LONE BRANCH CREEK RESORT
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 03
  • State Land Use Code: C00
  • Legal Description 1: LONE BRANCH CREEK RESORT PB LM 3 PG 56 LOT 19 P.U.D. 63.83 X 139.96 IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 081002

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 074A
  • District: 04
  • Parcel: 074A-A-019.00
  • Lot: 19
  • Municipality: SEVIER COUNTY
  • Latitude: 35.8331
  • Longitude: -83.4954

    Address

  • Full Address: 1850 Trout Way
  • Address - House Number: 1850
  • Address - Street Name: Trout
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 1,008
  • Tax Year: 2023
  • Tax Amount: $79,000
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.2449
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 65
  • Final Value: 500,894
  • High Value: 623,612
  • Low Value: 378,177

    Market Valuation

  • Market Total Value: $213,400
  • Market Land Value: $20,000
  • Market Improvement Value: $193,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $53,350
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $48,350

    Sales

  • Current Sale Contract Date: Nov 06, 2021
  • Current Sale Recording Date: Nov 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 44130
  • Previous Sale Recording Date: Mar 15, 2007
  • Previous Sale Amount: $180,000
  • 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:

$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: Stella Parton, Mountain Home Realty
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3268092
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 1850 Trout Way built and last sold?
The property at 1850 Trout Way was built in 2001 and last sold on Nov 6, 2021 for $465,000.
How much is this home worth?
The estimated value of the home located at 1850 Trout Way is $465,091.
What are some comparable homes to 1850 Trout Way?
There are currently no comparable homes to 1850 Trout Way.
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