When was property at 2409 Rainbow Falls Lane built and last sold?

The property at 2409 Rainbow Falls Lane was built in 2006 and last sold on Feb 10, 2023 for $708,000.

How much is this home worth?

The estimated value of the home located at 2409 Rainbow Falls Lane is $696,063.

What are some comparable homes to 2409 Rainbow Falls Lane?

There are currently no comparable homes to 2409 Rainbow Falls Lane.

Sevier

37862

2409 RAINBOW Falls

Map

$299,000

● House - Off Market

2409 RAINBOW Falls

Sevierville, TN 37862

2 Beds

2 Baths

$1,555

Est. Monthly

About This Property

Beautiful true log cabin located atop Thunder Mountain in an upscale community. Just outside Pigeon Forge and only minutes from the Smokies, this cabin features 2 Bedrooms with king beds, 2 Bathrooms, outdoor hot tub, jacuzzi tub, 2 gas fireplaces and extensive decks. The property has an ample paved driveway and offers long range mountain views. The home is completely furnished and includes all window treatments, lighting and fans, and pool table. Underground utilities and city sewer in place. City water to be added in future.

Unit Size

Days on Market

Land Size

0.68 acres

Price per sqft

Property Type

House

Property Taxes

$86

HOA Dues

Year Built

2006

Payment Calculator

Cap Rate Calculator

Last updated: 30 days ago (Realtracs #RTC3285323)

Price History

Date / Event	Date	Event
Feb 15, 2023	Sold	Premium
Sold
Jan 15, 2023	Listed by Century 21 MVP	$699,000
Listed by Century 21 MVP

	Handsome 2 bed 2 bath cabin ready for rental! This cabin is located in the highly sought after neighborhood of Thunder Mountain. Thoughtfully and meticulously maintained.. crawl space has been upgraded with dehumidifier for the ultimate maintenance for longevity. This gem is fantastic for any level of investor! Similar properties generate around $ 70k a year or so depending on how its managed. Link to video walk thru: https://www.aryeo.com/v2/6f3a7552-100d-4a18-a56c-fc16c7c6abd8/videos/143460
Dec 16, 2011	Listed by Exit Tennessee Realty Pros	$299,000
Listed by Exit Tennessee Realty Pros

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2006

Effective Year Built: 2006
Building Count: 1
Bedroom Count: 0
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Bathroom Plumbing Fixtures: 8
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: 3
Floor Count: 200
Living Units: 1
Floor Cover: 15
Basement Type: 5
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 59
Porch Type: 126
Pool Type: 8

Dimensions

Lot Size Square Feet: 30,056

Lot Size Depth Feet: 2,211
Lot Size Frontage Feet: 4,970
Total Building Area: 1,664
Gross Building Area: 1,664
Building Area: 1,664
Building Area Measurement: R

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 8
Heated Square Feet: 1,664
Heating Fuel Type: 0

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: C
Subdivision: THUNDER MOUNTAIN
Land Acres: 0000000690
Standard Land Use Code: 2000
County Land Use Code: 08
State Land Use Code: C00
Legal Description 1: THUNDER MOUNTAIN PB LM6 PG 70 LOT 12 497.03 X 221.07 IRR

Neighborhood

School District Name: Sevier County School District

Census Tract: 080904

Zoning

Zoning: R-1

Geography

Assessors Map Reference: 104E

District: 06
Parcel: 104E-B-012.00
Lot: 12
Municipality: SEVIER COUNTY
Latitude: 35.7633
Longitude: -83.597

Address

Full Address: 2409 Rainbow Falls Ln

Address - House Number: 2409
Address - Street Name: Rainbow Falls
Address - Suffix Type: Ln
State: TN
City Name: Sevierville
Carrier Code: R029
4-Digit Zip Code: 3047
Zip Code: 37862

Valuation

Tax

Total Area: 832

Tax Year: 2023
Tax Amount: $122,700
Tax Rate Code Area: 78A00

Appraisal Valuation

Standard Deviation: 0.2531

Valuation Date: Feb 28, 2024
Confidence Score: 64
Final Value: 724,064
High Value: 907,326
Low Value: 540,803

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $331,700

Market Land Value: $57,500
Market Improvement Value: $274,200

Assessments Valuation

Assessed Year: 2024

Assessed Total Value: $132,680
Assessed Land Value: $23,000
Assessed Improvements Value: $109,680

Sales

Current Sale Contract Date: Feb 10, 2023

Current Sale Recording Date: Feb 16, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 4464
Previous Sale Recording Date: May 26, 2017
Previous Sale Contract Date: May 17, 2017
Previous Sale Amount: $304,900
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Due Date:

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Financing

First Mortgage Financing Type: ADJ

Previous Mortgages

Previous Mortgage Lender:

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Previous Mortgage Transaction Date:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

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Previous Mortgage Loan Type:

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Previous Mortgage Loan Due Date:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Sevier

Stats & Trends

Median Asking:

$579,000

Sale Price/ft²

$338

Below Asking

0.02%

Average Days on Market

Average Home Size

1889 ft²

Average Home Age

22.7 years

Currently For Sale

2363 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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Listed by: JUDY HAMPTON, Exit Tennessee Realty Pros
Last Updated: 30 days ago
Data Source: Realtracs, MLS# RTC3285323

All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

2409 RAINBOW Falls

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Sevier

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions