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Sevier 37862
2051 Tiffany Way
Photo of 2051 Tiffany Way
Sold on Aug 8, 2024

30

Map

Photo of 2051 Tiffany Way
Photo of 2051 Tiffany Way
$389,000
● House - Off Market

2051 Tiffany Way

Sevierville, TN 37862
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,320 Ft²
$2,111
Est. Monthly

About This Property

This lovely cabin is situated in an ideal location, offering both convenience and income earning potential. The property provides a perfect setting for permanent residency or short term rentals. Close enough to Dollywood to hear the train, and just minutes away from shopping, dining, and the Smoky Mountains. Inside, the home has many desirable features including stainless appliances in the ample sized kitchen, solid wood interior doors, and a wood burning fireplace. Outdoors, enjoy a relaxing evening on the back deck in privacy of your over-sized lot. Come see all the possibilities this home offers! Property is being sold AS-IS.
Unit Size
1,320 Ft²
Days on Market
-
Land Size
1.11 acres
Price per sqft
$318
Property Type
House
Property Taxes
$49
HOA Dues
-
Year Built
1996

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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 #RTC3267708)

Price History

Date / Event Date Event Price
Aug 8, 2024 Sold
Premium
Sold
Jul 10, 2024 Listed by Mountain Home Realty $419,900
Listed by Mountain Home Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • 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: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • 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: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,352
  • Total Building Area: 1,848
  • Gross Building Area: 1,848
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIFFANY RIDGE
  • Land Acres: 0000001110
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: TIFFANY RIDGE PB 28 PG 314 LOT 16

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 081001

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 084C
  • District: 04
  • Parcel: 084C-A-016.00
  • Lot: 16
  • Municipality: SEVIER COUNTY
  • Latitude: 35.8122
  • Longitude: -83.5148

    Address

  • Full Address: 2051 Tiffany Way
  • Address - House Number: 2051
  • Address - Street Name: Tiffany
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R030
  • 4-Digit Zip Code: 9401
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 1,320
  • Tax Year: 2023
  • Tax Amount: $58,700
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.2249
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 68
  • Final Value: 384,724
  • High Value: 471,252
  • Low Value: 298,196

    Market Valuation

  • Market Total Value: $158,700
  • Market Land Value: $28,100
  • Market Improvement Value: $130,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $39,675
  • Assessed Land Value: $7,025
  • Assessed Improvements Value: $32,650

    Sales

  • Current Sale Recording Date: Nov 02, 1995
  • Current Sale Price:
    Premium
  • Current 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:

$557,000

Sale Price/ft²

$333

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2189 ft²

Average Home Age

22.8 years

Currently For Sale

2485 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: Shannon Helton, Mountain Home Realty
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3267708
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 2051 Tiffany Way built and last sold?
The property at 2051 Tiffany Way was built in 1996 and last sold on Jan 1, 1970 for $38,500.
How much is this home worth?
The estimated value of the home located at 2051 Tiffany Way is $424,171.
What are some comparable homes to 2051 Tiffany Way?
There are currently no comparable homes to 2051 Tiffany Way.
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