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Sevier 37876
1919 Timber Ridge Way
Photo of 1919 Timber Ridge Way
Sold on Jul 7, 2022

15

Map

Photo of 1919 Timber Ridge Way
Photo of 1919 Timber Ridge Way
$795,000
● House - Off Market

1919 Timber Ridge Way

Sevierville, TN 37876
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,501 Ft²
$818,468
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

VIEWS!! Some of the most breathtaking views in the county! 2 bed (plus a bonus bedroom so really a 3 bed) plus 2 baths one with new tile walk in shower!8 minutes to everything in Pigeon Forge! Handsome log cabin sitting on 4.6 acres makes for a private retreat for your guests! its possible you could add another cabin on this property.
Unit Size
1,501 Ft²
Days on Market
-
Land Size
4.60 acres
Price per sqft
$533
Property Type
House
Property Taxes
$79
HOA Dues
-
Year Built
1992

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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: 2 months ago (Realtracs #RTC3289179)

Price History

Date / Event Date Event Price
Jul 7, 2022 Sold
Premium
Sold
May 16, 2022 Listed by Century 21 MVP $800,000
Listed by Century 21 MVP

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • 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: 200,376
  • Total Building Area: 1,792
  • Gross Building Area: 1,792
  • Building Area: 1,792
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 1,792
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: TIMBERIDGE
  • Land Acres: 0000004600
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: TIMBERIDGE PB NR LOT G

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 095
  • District: 13
  • Parcel: 095-162.00
  • Lot: G
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7918
  • Longitude: -83.5041

    Address

  • Full Address: 1919 Timber Ridge Way
  • Address - House Number: 1919
  • Address - Street Name: Timber Ridge
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 1,064
  • Tax Year: 2023
  • Tax Amount: $191,700
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.2781
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 60
  • Final Value: 721,024
  • High Value: 921,580
  • Low Value: 520,468

    Market Valuation

  • Market Total Value: $323,800
  • Market Land Value: $78,200
  • Market Improvement Value: $245,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $129,520
  • Assessed Land Value: $31,280
  • Assessed Improvements Value: $98,240

    Sales

  • Current Sale Contract Date: Jul 07, 2022
  • Current Sale Recording Date: Jul 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 29698
  • Previous Sale Recording Date: Oct 31, 2008
  • Previous Sale Amount: $174,000
  • Previous Sale Document Type: 27

    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:

$550,000

Sale Price/ft²

$332

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2198 ft²

Average Home Age

22.5 years

Currently For Sale

2504 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: Deborah Korlin, Century 21 MVP
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3289179
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 1919 Timber Ridge Way built and last sold?
The property at 1919 Timber Ridge Way was built in 1992 and last sold on Jul 7, 2022 for $795,000.
How much is this home worth?
The estimated value of the home located at 1919 Timber Ridge Way is $794,313.
What are some comparable homes to 1919 Timber Ridge Way?
There are currently no comparable homes to 1919 Timber Ridge Way.
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