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Sevier 37876
2245 Fox Berry Way
Photo of 2245 Fox Berry Way
Sold on Apr 16, 2018

10

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Photo of 2245 Fox Berry Way
Photo of 2245 Fox Berry Way
$40,000
● Land - Off Market

2245 Fox Berry Way

Sevierville, TN 37876
bedrooms
Studio
bathrooms
0 Bath
$76,574
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

This lot provides some absolutely stunning views. You will enjoy the mixture of long range and ridge line views as well as looking over Sevier County! Located high in Eagle Crest Subdivision this lot is just waiting on your new Smoky Mountain log cabin getaway. This community offers a community water and sewer system, and nice paved roads. The existing foundation is from the previous home that burned from the fire, but don't let that deter you! Tons of replacement construction is going on right now in the area, and you can build your new home to fit your specific needs! You truly must take the journey up the mountain to really appreciate the views. Additionally, you are just a few miles from Dollywood, Splash Country and the Parkway in Pigeon Forge! Truly a great location!
Unit Size
-
Days on Market
-
Land Size
0.07 acres
Price per sqft
-
Property Type
Land
Property Taxes
$15
HOA Dues
-
Year Built
2020

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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: 3 months ago (Realtracs #RTC2855423)

Price History

Date / Event Date Event Price
Apr 16, 2018 Sold
Premium
Sold
Mar 11, 2018 Listed by Keller Williams Realty $49,900
Listed by Keller Williams Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 6
  • Building Quality: 6
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 773
  • Lot Size Frontage Feet: 2,694
  • Total Building Area: 1,352
  • Gross Building Area: 1,352
  • Building Area: 1,352
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,352
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: EAGLE CREST
  • Land Acres: 0000001000
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: EAGLE CREST PB LM 3 PG 187 LOT 137 PHASE 2 269.35 X 77.27 IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080804

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 085P
  • District: 04
  • Parcel: 085P-A-096.00
  • Lot: 137
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7979
  • Longitude: -83.4962

    Address

  • Full Address: 2245 Fox Berry Way
  • Address - House Number: 2245
  • Address - Street Name: Fox Berry
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 676
  • Tax Year: 2023
  • Tax Amount: $215,100
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 58,756
  • High Value: 85,732
  • Low Value: 31,779

    Market Valuation

  • Market Total Value: $363,300
  • Market Land Value: $52,500
  • Market Improvement Value: $310,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $145,320
  • Assessed Land Value: $21,000
  • Assessed Improvements Value: $124,320

    Sales

  • Current Sale Contract Date: May 17, 2018
  • Current Sale Recording Date: May 21, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 18018728
  • Previous Sale Recording Date: Jun 21, 2011
  • Previous Sale Contract Date: Jun 15, 2011
  • Previous Sale Amount: $195,000
  • 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:

$575,000

Sale Price/ft²

$337

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1909 ft²

Average Home Age

22.7 years

Currently For Sale

2450 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

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Realtracs

Listed by: Brandon Williams, Keller Williams Realty
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC2855423
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 2245 Fox Berry Way built and last sold?
The property at 2245 Fox Berry Way was built in 2020 and last sold on May 17, 2018 for $40,000.
How much is this home worth?
The estimated value of the home located at 2245 Fox Berry Way is $50,399.
What are some comparable homes to 2245 Fox Berry Way?
There are currently no comparable homes to 2245 Fox Berry Way.
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