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Sevier 37862
2181 Wears Valley Road
Photo of 2181 Wears Valley Road
Sold on Apr 9, 2026

27

Map

Photo of 2181 Wears Valley Road
Photo of 2181 Wears Valley Road
$450,000
● House - Off Market

2181 Wears Valley Road

Sevierville, TN 37862
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,692 Ft²
$2,492
Est. Monthly
2.82%
Cap Rate

About This Property

Rustic charm right on the river. Sit outside on the covered porch while listening to the waterfall is what all your future guest will excited most about. True log cabin, with a large deck to accommodate outdoor eating, Carport for your vehicle. Comes fully furnished with 2 bedrooms and 2 bathroom, a fireplace and a overall nice place to allow your guest to find their peace and tranquility.
Unit Size
1,692 Ft²
Days on Market
83 days
Land Size
0.80 acres
Price per sqft
$293
Property Type
House
Property Taxes
$61
HOA Dues
-
Year Built
1932

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 ( #307702)

Price History

Date / Event Date Event Price
Apr 9, 2026 Sold
Premium
Sold
Feb 9, 2026 In contract -
In contract
Jan 17, 2026 Relisted $495,000
Relisted
Jan 10, 2026 In contract -
In contract
Dec 11, 2025 Price Decreased $495,000
↓ $100K (16.8%)
Price Decreased
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1956
  • 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: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 58
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 34,848
  • Lot Size Depth Feet: 3,500
  • Lot Size Frontage Feet: 2,386
  • Total Building Area: 1,692
  • Gross Building Area: 1,692
  • Building Area: 1,692
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,692
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: CASCADES CABINS
  • Land Acres: 0000000800
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: CASCADES CABINS PB N/R LOT 2 238.58 X 349.97 IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 081002

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 104
  • District: 06
  • Parcel: 104-080.00
  • Lot: 2
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7621
  • Longitude: -83.6205

    Address

  • Full Address: 2181 Wears Valley Rd
  • Address - House Number: 2181
  • Address - Street Name: Wears Valley
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 846
  • Tax Year: 2023
  • Tax Amount: $72,600
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.2777
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 60
  • Final Value: 434,102
  • High Value: 554,668
  • Low Value: 313,537

    Market Valuation

  • Market Total Value: $122,700
  • Market Land Value: $45,500
  • Market Improvement Value: $77,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $49,080
  • Assessed Land Value: $18,200
  • Assessed Improvements Value: $30,880

    Sales

  • Current Sale Contract Date: Jan 20, 2017
  • Current Sale Recording Date: Jan 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17002197
  • Previous Sale Recording Date: Jun 27, 2012
  • Previous Sale Contract Date: Jun 27, 2012
  • Previous Sale Amount: $150,000
  • 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

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Frequently Asked Questions

When was property at 2181 Wears Valley Road built and last sold?
The property at 2181 Wears Valley Road was built in 1932 and last sold on Jan 20, 2017 for $190,000.
How much is this home worth?
The estimated value of the home located at 2181 Wears Valley Road is $0.
What are some comparable homes to 2181 Wears Valley Road?
There are currently no comparable homes to 2181 Wears Valley Road.
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