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Sevier 37876
2230 Chapman Highway
Photo of 2230 Chapman Highway

49

Map

Photo of 2230 Chapman Highway
Photo of 2230 Chapman Highway
$325,000
● House - Off Market

2230 Chapman Highway

Sevierville, TN 37876
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,134 Ft²
$1,647
Est. Monthly

About This Property

4.7 Acres of Unrestricted Land with a 3 bed 1 bath site built home! Near Downtown Sevierville, 5 miles to the Heart of Pigeon Forge! Zoned A-1 with space to build 1 or 2 more dwellings! Overnight Rentals are allowed! Or create a Family Retreat! Flat and Gently rolling land that is mostly Cleared! Rare Tract of land thats so close to Attractions and Dining! Beautiful Views of Bluff Mtn from the front windows of the home and they only get better as you explore the property! This is a must see property where the possibilities are endless!
Unit Size
1,134 Ft²
Days on Market
-
Land Size
4.70 acres
Price per sqft
$287
Property Type
House
Property Taxes
$51
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

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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 #RTC3283387)

Price History

Date / Event Date Event Price
Jul 22, 2024 Sold
Premium
Sold
Jul 4, 2024 Listed by All Pro REALTORS, Inc. $25,000
Listed by All Pro REALTORS, Inc.
Location Location Location! Mere MINUTES from downtown Sevierville! TRACT TWO is the only Tract being sold. There are 3 acres out of a total of 4.7 acres being listed for sale. The home is on Tract One and therefore does not convey with the sale. Tract Two is a nice undeveloped lot with a lot of potential! With a few steps, this could be the site of a potential home. This is an undeveloped lot and there are no public water lines in the area so a well would be required.
Nov 12, 2021 Listed by TN Smoky Mtn Realty $325,000
Listed by TN Smoky Mtn Realty

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 378
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 204,732
  • Total Building Area: 1,512
  • Gross Building Area: 1,512
  • Building Area: 1,134
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 1,134
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EVANS FARM
  • Land Acres: 0000004700
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: EVANS FARM PB 0002 PG 0071 LOT 0005

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080402

Zoning

  • Zoning: A-1

Geography

  • Assessors Map Reference: 059
  • District: 10
  • Parcel: 059-220.00
  • Lot: 5
  • Municipality: SEVIER COUNTY
  • Latitude: 35.8541
  • Longitude: -83.6415

    Address

  • Full Address: 2230 Chapman Hwy
  • Address - House Number: 2230
  • Address - Street Name: Chapman
  • Address - Suffix Type: Hwy
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R034
  • 4-Digit Zip Code: 2356
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 1,134
  • Tax Year: 2023
  • Tax Amount: $52,100
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.0876
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 360,219
  • High Value: 391,782
  • Low Value: 328,656

    Market Valuation

  • Market Total Value: $140,900
  • Market Land Value: $88,700
  • Market Improvement Value: $52,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $35,225
  • Assessed Land Value: $22,175
  • Assessed Improvements Value: $13,050
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

2188 ft²

Average Home Age

22.8 years

Currently For Sale

2468 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: Krista DeCarmine, TN Smoky Mtn Realty
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3283387
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 2230 Chapman Highway built and last sold?
The property at 2230 Chapman Highway was built in 1951 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2230 Chapman Highway is $25,250.
What are some comparable homes to 2230 Chapman Highway?
There are currently no comparable homes to 2230 Chapman Highway.
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