by Lee Lin

See Home Value
Sevier 37876
2242 Ferguson Lane
$206,000
● House - Off Market

2242 Ferguson Lane

Sevierville, TN 37876
bedrooms
1 Bed
bathrooms
1 Bath
square feet
679 Ft²
$254,281
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

Great Investment opportunity!! Turn Key Ready to rent. Rental history in the last 3 months $8K on Airbnb. One bedroom, one bath, on 3 lots that equal to 5.45 acres per tax records. Also has a RV hookup and pad on the property. Lake access not to far down the road. Owner put new floors, New HVAC, new well pump, new wiring for new appliances, water softener system, fixed back deck area. Lots of potential!!
Unit Size
679 Ft²
Days on Market
-
Land Size
5.45 acres
Price per sqft
$294
Property Type
House
Property Taxes
$22
HOA Dues
-
Year Built
1982

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (Realtracs #RTC3308419)

Price History

Date / Event Date Event Price
Aug 21, 2023 Sold
Sold
Jul 19, 2023 Listed by eXp Realty $425,000
Listed by eXp Realty
WOW!!!TRUE GEM FOR INVESTORS!!!! Unrestricted land with 1/1 cottage, the glamping tent PLUS an additional 1.10 acres vacant lot total of 5.45 acres!(Parcel 067.15,067.16 and 067.17) Cottage grossed $46,000 in 2022 and glamping tent did $36,146 ( total of $82,546) and is on same track for 2023. Tent has a full bathroom, hot water, rainfall shower head and split unit air conditioning/heat. It has regular plumbing just like a regular house! Only 13 miles to PF and 20 miles to Gatlinburg. Short drive to Douglas lake with boat ramp access. Cottage and glamping tent have 2 separate septic tanks but share the well. Lots have been subdivided in 3 separate parcels. Owner would like to sell it as a package. Schedule your showing today!
Feb 26, 2021 Sold
Sold
Jan 18, 2021 Listed by Tennessee Elite Realty $199,900
Listed by Tennessee Elite Realty
Jun 1, 2020 Sold
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1988
  • 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: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 58
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 71,438
  • Total Building Area: 600
  • Gross Building Area: 600
  • Building Area: 600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 14
  • Heated Square Feet: 600
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRANTS LANDING
  • Land Acres: 0000001640
  • Standard Land Use Code: 1001
  • County Land Use Code: 51
  • State Land Use Code: C00
  • Legal Description 1: GRANTS LANDING PB 24 PG 25 LOT 17

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080603

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 029
  • District: 15
  • Parcel: 029-067.16
  • Lot: 17
  • Municipality: SEVIER COUNTY
  • Latitude: 35.9094
  • Longitude: -83.4729

    Address

  • Full Address: 2242 Ferguson Ln
  • Address - House Number: 2242
  • Address - Street Name: Ferguson
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R008
  • 4-Digit Zip Code: 2078
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 600
  • Tax Year: 2023
  • Tax Amount: $27,000
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.2249
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 68
  • Final Value: 215,860
  • High Value: 264,409
  • Low Value: 167,311

    Market Valuation

  • Market Total Value: $73,100
  • Market Land Value: $32,300
  • Market Improvement Value: $40,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $18,275
  • Assessed Land Value: $8,075
  • Assessed Improvements Value: $10,200

    Sales

  • Current Sale Contract Date: Aug 21, 2023
  • Current Sale Recording Date: Aug 22, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 25932
  • Previous Sale Recording Date: Feb 26, 2021
  • Previous Sale Contract Date: Feb 23, 2021
  • Previous Sale Amount: $206,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Sevier


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 2242 Ferguson Lane built and last sold?
The property at 2242 Ferguson Lane was built in 1982 and last sold on Aug 21, 2023 for $340,000.
How much is this home worth?
The estimated value of the home located at 2242 Ferguson Lane is $417,492.
What are some comparable homes to 2242 Ferguson Lane?
There are currently no comparable homes to 2242 Ferguson Lane.