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Sevier 37862
2249 Lone Ridge Drive
Photo of 2249 Lone Ridge Drive

1

Map

$249,000
● House - Off Market

2249 Lone Ridge Drive

Sevierville, TN 37862
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,400 Ft²
$1,313
Est. Monthly

About This Property

Location, Views and a Beautiful log home. Located in Wears Valley just minutes from the heart of Pigeon Forge. Gleaming hardwood floors with tongue and groove interior, catheral ceilings with exposed beams, greet you as you enter this home. Large master suite, 2 gas log fireplaces, rec room and lovely mountain views.. it doesn't get much better!!
Unit Size
2,400 Ft²
Days on Market
-
Land Size
1.31 acres
Price per sqft
$104
Property Type
House
Property Taxes
$90
HOA Dues
-
Year Built
2007

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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: 2 months ago (Realtracs #RTC3294212)

Price History

Date / Event Date Event Price
Jul 9, 2013 Sold
Premium
Sold
Jul 14, 2012 Listed by Century 21 MVP $249,000
Listed by Century 21 MVP

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 14
  • 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: 9
  • Basement Type: 2
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 57,064
  • Total Building Area: 2,880
  • Gross Building Area: 2,880
  • Building Area: 2,880
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 2,880
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: GOLDEN LEAF MOUNTAIN EST
  • Land Acres: 0000001310
  • Standard Land Use Code: 8001
  • County Land Use Code: 00-V
  • State Land Use Code: C00
  • Legal Description 1: GOLDEN LEAF MOUNTAIN EST PB LM 7 PG 154 LOT 4-R1 LM-6 / PG-88

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 113
  • District: 06
  • Parcel: 113-018.13
  • Lot: 4
  • Municipality: SEVIER COUNTY
  • Latitude: 35.748
  • Longitude: -83.6434

    Address

  • Full Address: 2249 Lone Ridge Dr
  • Address - House Number: 2249
  • Address - Street Name: Lone Ridge
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 960
  • Tax Year: 2023
  • Tax Amount: $16,200
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 427,796
  • High Value: 624,212
  • Low Value: 231,379

    Market Valuation

  • Market Total Value: $43,800
  • Market Land Value: $43,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $10,950
  • Assessed Land Value: $10,950

    Sales

  • Current Sale Contract Date: Jul 08, 2013
  • Current Sale Recording Date: Jul 10, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13027226
  • Previous Sale Recording Date: Sep 01, 2010
  • Previous Sale Amount: $184,000
  • Previous Sale Document Type: 27
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

$338

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1890 ft²

Average Home Age

22.7 years

Currently For Sale

2386 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: Michelle Arwood, Century 21 MVP
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3294212
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 2249 Lone Ridge Drive built and last sold?
The property at 2249 Lone Ridge Drive was built in 2007 and last sold on Jul 8, 2013 for $199,900.
How much is this home worth?
The estimated value of the home located at 2249 Lone Ridge Drive is $277,814.
What are some comparable homes to 2249 Lone Ridge Drive?
There are currently no comparable homes to 2249 Lone Ridge Drive.
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