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Sevier 37876
238 Gray Slate Circle
Photo of 238 Gray Slate Circle
Sold on Apr 27, 2026

30

Map

Photo of 238 Gray Slate Circle
Photo of 238 Gray Slate Circle
$180,000
● House - Off Market

238 Gray Slate Circle

Sevierville, TN 37876
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,050 Ft²
$941
Est. Monthly

About This Property

2 Bedroom Home Near Sevierville and Douglas Lake - Ideal for Primary Residence or Long-Term Rental

This 2 bedroom, 1 bathroom home is located just a few miles from Sevierville and close to Douglas Lake, offering a convenient location with easy access to town and outdoor recreation. The home has been lightly remodeled and features a practical layout with a comfortable living space, kitchen, and two bedrooms. Whether you're looking for a primary residence or a long-term rental investment, this property offers solid potential in a desirable area. Property be sold ''as-is.''
Unit Size
1,050 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$176
Property Type
House
Property Taxes
$32
HOA Dues
-
Year Built
2007

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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: 2 months ago (Realtracs #RTC3543291)

Price History

Date / Event Date Event Price
Apr 27, 2026 Sold
Premium
Sold
Mar 17, 2026 In contract -
In contract
Feb 26, 2026 Price Decreased $185,000
↓ $24K (11.5%)
Price Decreased
Dec 18, 2025 Price Decreased $209,000
↓ $11K (5%)
Price Decreased
Oct 31, 2025 Price Increased $220,000
↑ $35K (18.9%)
Price Increased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • 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: 25
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,337
  • Lot Size Frontage Feet: 195
  • Total Building Area: 1,050
  • Gross Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,050
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROCK GARDENS
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: ROCK GARDENS PB 34 PG 200 LOT 272 UNIT 2 19.47 X 133.72 IRR

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 040K
  • District: 04
  • Parcel: 040K-A-050.00
  • Lot: 272
  • Municipality: SEVIER COUNTY
  • Latitude: 35.8914
  • Longitude: -83.4657

    Address

  • Full Address: 238 Gray Slate Cir
  • Address - House Number: 238
  • Address - Street Name: Gray Slate
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R008
  • 4-Digit Zip Code: 3402
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 1,050
  • Tax Year: 2023
  • Tax Amount: $38,900
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 117,630
  • High Value: 171,638
  • Low Value: 63,621

    Market Valuation

  • Market Total Value: $105,100
  • Market Land Value: $16,000
  • Market Improvement Value: $89,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $26,275
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $22,275

    Sales

  • Current Sale Contract Date: Apr 18, 2016
  • Current Sale Recording Date: Apr 19, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 16018227
  • Previous Sale Recording Date: May 17, 2007
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Realtracs

Listed by: Gracie Mayfield, Local Realty Group
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3543291
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 238 Gray Slate Circle built and last sold?
The property at 238 Gray Slate Circle was built in 2007 and last sold on Apr 18, 2016 for $90,000.
How much is this home worth?
The estimated value of the home located at 238 Gray Slate Circle is $196,149.
What are some comparable homes to 238 Gray Slate Circle?
There are currently no comparable homes to 238 Gray Slate Circle.
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