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Sevier 37876
216 Denison Way
Photo of 216 Denison Way
Sold on Jul 14, 2023

29

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Photo of 216 Denison Way
Photo of 216 Denison Way
$849,900
● House - Off Market

216 Denison Way

Sevierville, TN 37876
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,930 Ft²
$847,581
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

REDUCED! Recent appraisal reflects the price reduction.Custom home built in 2016 to mimic a traditional farmhouse. This 3 bedroom, 2.5 bath home is situated on 5 usable acres with a natural year round spring. Natural light shines through the Pella windows and makes you feel at home. The master is on the main level along with an office with views of the mountains. The wood burning stove fireplace is the perfect place to spend the holidays with the family. The 10ft ceilings and 8ft doors are just some of the custom touches as you walk through this oasis of country living. There is no shortage of storage either, plenty of storage on both levels. This is a beautiful home that you must view in person to truly appreciate all it has to offer
Unit Size
2,930 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$290
Property Type
House
Property Taxes
$109
HOA Dues
-
Year Built
2016

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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 #RTC3267862)

Price History

Date / Event Date Event Price
Jul 14, 2023 Sold
Premium
Sold
Mar 1, 2023 Listed by Mountain Home Realty $849,900
Listed by Mountain Home Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 58
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,308
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 3,958
  • Gross Building Area: 3,958
  • Building Area: 2,650
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 2,650
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DENISON MEADOWS
  • Land Acres: 0000005000
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: DENISON MEADOWS PB LM-9 PG 68 LOT 1

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080604

Zoning

  • Zoning: A-1

Geography

  • Assessors Map Reference: 042
  • District: 03
  • Parcel: 042-038.10
  • Lot: 1
  • Municipality: SEVIER COUNTY
  • Latitude: 35.9021
  • Longitude: -83.3711

    Address

  • Full Address: 216 Denison Way
  • Address - House Number: 216
  • Address - Street Name: Denison
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R014
  • 4-Digit Zip Code: 4433
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 1,670
  • Tax Year: 2023
  • Tax Amount: $130,800
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.0876
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 834,317
  • High Value: 907,421
  • Low Value: 761,213

    Market Valuation

  • Market Total Value: $353,400
  • Market Land Value: $50,000
  • Market Improvement Value: $303,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $88,350
  • Assessed Land Value: $12,500
  • Assessed Improvements Value: $75,850

    Sales

  • Current Sale Contract Date: Jul 12, 2023
  • Current Sale Recording Date: Jul 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20949
  • Previous Sale Recording Date: Oct 30, 2014
  • Previous Sale Contract Date: Oct 29, 2014
  • Previous Sale Amount: $65,000
  • 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:

$554,900

Sale Price/ft²

$333

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2194 ft²

Average Home Age

22.7 years

Currently For Sale

2505 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: Dennis Brooks, Mountain Home Realty
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3267862
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 216 Denison Way built and last sold?
The property at 216 Denison Way was built in 2016 and last sold on Jul 12, 2023 for $849,900.
How much is this home worth?
The estimated value of the home located at 216 Denison Way is $1,427,289.
What are some comparable homes to 216 Denison Way?
There are currently no comparable homes to 216 Denison Way.
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