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Sevier 37876
2245 Murphys Chapel Drive
Photo of 2245 Murphys Chapel Drive
Sold on Nov 25, 2020

20

Map

Photo of 2245 Murphys Chapel Drive
Photo of 2245 Murphys Chapel Drive
$247,000
● House - Off Market

2245 Murphys Chapel Drive

Sevierville, TN 37876
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,450 Ft²
$343,304
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Immaculate, one level, split bedroom design ranch home located on a beautifully manicured lot only minutes from downtown Sevierville and Walter State College. (Within city limits) This well maintained home boasts of serene back yard views of farm and meadows. Open floor-plan with kitchen island. Tile flooring in kitchen and bathrooms. Carpeted bedrooms with premium laminate flooring in living area. Covered front porch with swing included for relaxing and a nice deck on back. Storm-doors for added security. Walk-in laundry room. Two-car garage, public utilities. This home comes with LeafFilter Guttering, providing a life-time & transferrable warranty for peace of mind. No HOA. Move-in ready! Convenient location only minutes to schools, shopping, hospitals, Dollywood. Easy to show. Must see!
Unit Size
1,450 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$179
Property Type
House
Property Taxes
$74
HOA Dues
-
Year Built
2012

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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: 4 months ago (Realtracs #RTC3303614)

Price History

Date / Event Date Event Price
Nov 25, 2020 Sold
Premium
Sold
Sep 5, 2020 Listed by Thompson Williams Properties LLC $259,000
Listed by Thompson Williams Properties LLC

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • 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: 58
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • 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: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,345
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,870
  • Gross Building Area: 1,870
  • Building Area: 1,450
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,450
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MURPHY FARM UNIT 3
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: MURPHY FARM UNIT 3 PB LM 8 PG 121 LOT 72 70 X 134.50 IRR

Neighborhood

  • School District Name: Sevier County School District
  • School Tax School District: 78653
  • Census Tract: 080701

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 063I
  • District: 04
  • Parcel: 063I-A-072.00
  • Lot: 72
  • Municipality: SEVIERVILLE
  • Latitude: 35.8529
  • Longitude: -83.4835

    Address

  • Full Address: 2245 Murphys Chapel Dr
  • Address - House Number: 2245
  • Address - Street Name: Murphys Chapel
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R032
  • 4-Digit Zip Code: 2497
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 1,450
  • Tax Year: 2023
  • Tax Amount: $145,200
  • Tax Rate Code Area: 78A04

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 449,375
  • High Value: 655,698
  • Low Value: 243,051

    Market Valuation

  • Market Total Value: $196,300
  • Market Land Value: $40,500
  • Market Improvement Value: $155,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $49,075
  • Assessed Land Value: $10,125
  • Assessed Improvements Value: $38,950

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: Nov 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20042233
  • Previous Sale Recording Date: Aug 10, 2012
  • Previous Sale Contract Date: Aug 07, 2012
  • Previous Sale Amount: $129,000
  • 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:

$555,000

Sale Price/ft²

$333

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2189 ft²

Average Home Age

22.8 years

Currently For Sale

2485 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: Gloria Spears, Thompson Williams Properties LLC
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3303614
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 Murphys Chapel Drive built and last sold?
The property at 2245 Murphys Chapel Drive was built in 2012 and last sold on Nov 24, 2020 for $247,000.
How much is this home worth?
The estimated value of the home located at 2245 Murphys Chapel Drive is $271,469.
What are some comparable homes to 2245 Murphys Chapel Drive?
There are currently no comparable homes to 2245 Murphys Chapel Drive.
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