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Sevier 37862
1906 Wild Iris Way
Photo of 1906 Wild Iris Way
Sold on Feb 7, 2020

2

Map

Photo of 1906 Wild Iris Way
$325,000
● House - Off Market

1906 Wild Iris Way

Sevierville, TN 37862
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,245 Ft²
$469,181
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

Magnificent Mountain View. Great room with woodburning fireplace and a wall of windows. Beautiful Gazebo around the Hot tub. Large Master bedroom with a separate room with jetted tub. One bedroom in the loft with the second bath. Easy access and good roads for a view this wonderful.
Unit Size
1,245 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$261
Property Type
House
Property Taxes
$72
HOA Dues
-
Year Built
2001

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Cap Rate Calculator

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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: 3 months ago (Realtracs #RTC3524042)

Price History

Date / Event Date Event Price
Feb 7, 2020 Sold
Premium
Sold
Jan 1, 2020 Listed by ReMax Cove Mountain Realty $325,000
Listed by ReMax Cove Mountain 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: 7
  • 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: 24,394
  • Lot Size Depth Feet: 2,380
  • Lot Size Frontage Feet: 1,130
  • Total Building Area: 1,872
  • Gross Building Area: 1,872
  • Building Area: 1,872
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: TIMBER RIDGE
  • Land Acres: 0000000560
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: TIMBER RIDGE PB 29 PG 80 LOT 11 113.20 X 238.53 IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080903

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 114F
  • District: 06
  • Parcel: 114F-A-011.00
  • Lot: 11
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7461
  • Longitude: -83.6093

    Address

  • Full Address: 1906 Wild Iris Way
  • Address - House Number: 1906
  • Address - Street Name: Wild Iris
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R029
  • 4-Digit Zip Code: 8587
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 976
  • Tax Year: 2023
  • Tax Amount: $163,100
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.2449
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 65
  • Final Value: 602,192
  • High Value: 749,728
  • Low Value: 454,657

    Market Valuation

  • Market Total Value: $275,500
  • Market Land Value: $64,800
  • Market Improvement Value: $210,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $110,200
  • Assessed Land Value: $25,920
  • Assessed Improvements Value: $84,280

    Sales

  • Current Sale Contract Date: Feb 07, 2020
  • Current Sale Recording Date: Feb 10, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20004017
  • Previous Sale Recording Date: Apr 04, 2014
  • Previous Sale Contract Date: Apr 02, 2014
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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

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Realtracs

Listed by: Debbie Ogle, ReMax Cove Mountain Realty
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3524042
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 1906 Wild Iris Way built and last sold?
The property at 1906 Wild Iris Way was built in 2001 and last sold on Feb 7, 2020 for $325,000.
How much is this home worth?
The estimated value of the home located at 1906 Wild Iris Way is $334,448.
What are some comparable homes to 1906 Wild Iris Way?
There are currently no comparable homes to 1906 Wild Iris Way.
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