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Sevier 37876
2333 Panther Way
Photo of 2333 Panther Way
Sold on Feb 10, 2023

15

Map

Photo of 2333 Panther Way
Photo of 2333 Panther Way
$107,000
● Land - Off Market

2333 Panther Way

Sevierville, TN 37876
bedrooms
Studio
bathrooms
0 Bath
$146,177
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

This gently sloping lot is ready for it's next Smoky Mountain owner. It has an approved 2 bedroom septic already in place, the well needs to be inspected and a level semi-circle drive is in place. The cabin was lost in the 2016 wildfires. This could be an amazing rental cabin- located only 10 minutes to all the attractions of Pigeon Forge and Dollywood. **Seller does not guarantee the functionality of the well. The components may need to be replaced- an inspection is required.
Unit Size
-
Days on Market
-
Land Size
0.73 acres
Price per sqft
-
Property Type
Land
Property Taxes
$8
HOA Dues
-
Year Built
1988

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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: 3 months ago (Realtracs #RTC3300939)

Price History

Date / Event Date Event Price
Feb 10, 2023 Sold
Premium
Sold
Jan 7, 2023 Listed by eXp Realty $139,900
Listed by eXp Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • 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: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,541
  • Lot Size Depth Feet: 2,730
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 1,998
  • Building Area: 1,188
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 1,998
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: PANTHER KNOB PROP SEC 1
  • Land Acres: 0000000770
  • Standard Land Use Code: 8001
  • County Land Use Code: 00-V
  • State Land Use Code: C00
  • Legal Description 1: PANTHER KNOB PROP SEC 1 PB 25 PG 150 LOT 6 140.30X272.92 IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 081001

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 084M
  • District: 04
  • Parcel: 084M-A-004.00
  • Lot: 6
  • Municipality: SEVIER COUNTY
  • Latitude: 35.8005
  • Longitude: -83.5078

    Address

  • Full Address: 2333 Panther Way
  • Address - House Number: 2333
  • Address - Street Name: Panther
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R002
  • 4-Digit Zip Code: 8829
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 1,188
  • Tax Year: 2023
  • Tax Amount: $9,100
  • Tax Rate Code Area: 78A00

    Market Valuation

  • Market Total Value: $24,500
  • Market Land Value: $24,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $6,125
  • Assessed Land Value: $6,125

    Sales

  • Current Sale Contract Date: Feb 10, 2023
  • Current Sale Recording Date: Feb 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4194
  • Previous Sale Recording Date: Feb 06, 2006
  • 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:

$555,000

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

2470 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: Janet E. Ingram, eXp Realty
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3300939
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 2333 Panther Way built and last sold?
The property at 2333 Panther Way was built in 1988 and last sold on Feb 10, 2023 for $107,000.
How much is this home worth?
The estimated value of the home located at 2333 Panther Way is $141,299.
What are some comparable homes to 2333 Panther Way?
There are currently no comparable homes to 2333 Panther Way.
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