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Sevier 37876
2131 Wingspan Drive
Photo of 2131 Wingspan Drive
Sold on Jun 14, 2022

10

Map

Photo of 2131 Wingspan Drive
Photo of 2131 Wingspan Drive
$934,000
● House - Off Market

2131 Wingspan Drive

Sevierville, TN 37876
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,625 Ft²
$859,853
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

This beautiful, newly constructed, 3-story cabin is situated inside a small resort that is far from the traffic of Pigeon Forge, but just minutes from The Island, Pigeon Forge Snow and Soaky Mountain Water Park. Turn key cabin with a fully stocked kitchen, electric fireplace, three King bedrooms, three bathrooms (one on each level), along with a large loft, second den, back deck with hot tub and indoor HEATED cocktail pool. Main level includes kitchen, full bathroom, king bedroom, living room (with sofa bed) and laundry. Upper level includes loft ( this is the fourth bedroom with twin trundle) , arcade, small den, master bedroom (king bed and full over full bunks) and full bathroom. Lower level includes access to back deck & hot tub, indoor pool, full bathroom and king bedroom.
Unit Size
2,625 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$324
Property Type
House
Property Taxes
$57
HOA Dues
$63
Year Built
2021

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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: 3 months ago (Realtracs #RTC3301129)

Price History

Date / Event Date Event Price
Jun 14, 2022 Sold
Premium
Sold
Apr 29, 2022 Listed by eXp Realty $850,000
Listed by eXp Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 6
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 2
  • Basement Area: 764
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Depth Feet: 1,573
  • Lot Size Frontage Feet: 1,160
  • Total Building Area: 2,564
  • Gross Building Area: 2,564
  • Building Area: 2,564
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 2,564
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: EAGLE SPRINGS
  • Land Acres: 0000000400
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: EAGLE SPRINGS PB LM6 PG 118 LOT 58 115.95 X 157.32 IRR

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 037I
  • District: 14
  • Parcel: 037I-B-058.00
  • Lot: 58
  • Municipality: SEVIER COUNTY
  • Latitude: 35.8984
  • Longitude: -83.6314

    Address

  • Full Address: 2131 Wingspan Dr
  • Address - House Number: 2131
  • Address - Street Name: Wingspan
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 900
  • Tax Year: 2023
  • Tax Amount: $237,200
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 529,425
  • High Value: 772,502
  • Low Value: 286,347

    Market Valuation

  • Market Total Value: $400,700
  • Market Land Value: $15,000
  • Market Improvement Value: $385,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $160,280
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $154,280

    Sales

  • Current Sale Contract Date: Jun 14, 2022
  • Current Sale Recording Date: Jun 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 27570
  • Previous Sale Recording Date: Dec 21, 2021
  • Previous Sale Contract Date: Dec 17, 2021
  • Previous Sale Amount: $576,000
  • Previous 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:

$579,900

Sale Price/ft²

$338

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1887 ft²

Average Home Age

22.8 years

Currently For Sale

2359 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: Jeana Maddux, eXp Realty
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3301129
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 2131 Wingspan Drive built and last sold?
The property at 2131 Wingspan Drive was built in 2021 and last sold on Jun 14, 2022 for $934,000.
How much is this home worth?
The estimated value of the home located at 2131 Wingspan Drive is $865,402.
What are some comparable homes to 2131 Wingspan Drive?
There are currently no comparable homes to 2131 Wingspan Drive.
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