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Sevierville 37862
217 Love Road
Photo of 217 Love Road
Sold on Apr 29, 2021

27

Map

Photo of 217 Love Road
Photo of 217 Love Road
$220,000
● House - Off Market

217 Love Road

Sevierville, TN 37862
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,378 Ft²
$255,254
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Location Location! City Limits of Sevierville! City services! (public water, trash pick up). Conveniently located to downtown Sevierville. Short drive to Pigeon Forge, I-40 & Knoxville. Private location. Home has 2 bedrooms & 2 baths. Cathedral ceiling in Living Room & Kitchen area. Bonus room/den.
Unit Size
1,378 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$152
Property Type
House
Property Taxes
$33
HOA Dues
-
Year Built
1987

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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 #RTC3277804)

Price History

Date / Event Date Event Price
Apr 29, 2021 Sold
Premium
Sold
Feb 24, 2021 Listed by New Direction Real Estate $209,900
Listed by New Direction Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 3
  • Basement Area: 216
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356,000
  • Lot Size Depth Feet: 1,910
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,378
  • Gross Building Area: 1,378
  • Building Area: 1,378
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,378
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDAR HILLS NO 2
  • Land Acres: 0000100000
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: CEDAR HILLS NO 2 PB 4 PG 12 LOT 10 100 X 193 IRR

Neighborhood

  • School District Name: Sevier County School District
  • School Tax School District: 78653
  • Census Tract: 080500

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 049H
  • District: 05
  • Parcel: 049H-A-012.00
  • Lot: 10
  • Municipality: SEVIERVILLE
  • Latitude: 35.8763
  • Longitude: -83.5814

    Address

  • Full Address: 217 Love Rd
  • Address - House Number: 217
  • Address - Street Name: Love
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Sevierville
  • Carrier Code: C002
  • 4-Digit Zip Code: 3125
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 1,162
  • Tax Year: 2023
  • Tax Amount: $24,200
  • Tax Rate Code Area: 78A04

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 417,221
  • High Value: 608,781
  • Low Value: 225,660

    Market Valuation

  • Market Total Value: $114,200
  • Market Land Value: $12,000
  • Market Improvement Value: $102,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $28,550
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $25,550

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21015043
  • Previous Sale Recording Date: Apr 08, 1996
  • Previous Sale Amount: $67,900
  • Previous Sale Document Type: 27
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 Sevierville

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$272

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1699 ft²

Average Home Age

28.8 years

Currently For Sale

162 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: Missy Norris, New Direction Real Estate
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3277804
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 217 Love Road built and last sold?
The property at 217 Love Road was built in 1987 and last sold on Apr 29, 2021 for $220,000.
How much is this home worth?
The estimated value of the home located at 217 Love Road is $224,517.
What are some comparable homes to 217 Love Road?
There are currently no comparable homes to 217 Love Road.
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