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Sevier 37876
2425 Cedar Pass
Photo of 2425 Cedar Pass
Sold on Jun 6, 2023

1

Map

$485,000
● House - Off Market

2425 Cedar Pass

Sevierville, TN 37876
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,158 Ft²
$500,738
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

New construction being built by Randy Blair. The home will feature 2 bed/ 2 baths. Large loft for game room. Screened in deck. Stainless steel kitchen appliances. Stack stone gas log fireplace. Granite countertops in kitchen. Stack washer and dryer. Much more. All measurements are approximate and the information was obtained from the county tax records, the buyer should verify all information. The photo is not of this home but one the seller has built.
Unit Size
1,158 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$432
Property Type
House
Property Taxes
-
HOA Dues
$22
Year Built
2023

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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: 3 months ago (Realtracs #RTC3313728)

Price History

Date / Event Date Event Price
Jun 6, 2023 Sold
Premium
Sold
Oct 14, 2021 Listed by All Star Realty $499,900
Listed by All Star Realty

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2023
  • Effective Year Built: 2023
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 2,050
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,440
  • Gross Building Area: 1,636
  • Building Area: 1,636
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: SKY HARBOR
  • Land Acres: 0000001000
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: SKY HARBOR PB 16 PG 18 LOT 1237 RIDGEVIEW COMMUNITY TS#2238 100 X 205 M IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080804

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 107J
  • District: 05
  • Parcel: 107J-C-006.00
  • Lot: 1237
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7597
  • Longitude: -83.4771

    Address

  • Full Address: 2425 Cedar Pass
  • Address - House Number: 2425
  • Address - Street Name: Cedar
  • Address - Suffix Type: Pass
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 720
  • Tax Year: 2023
  • Tax Amount: $156,400
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 78A00

    Market Valuation

  • Market Total Value: $361,000
  • Market Land Value: $25,000
  • Market Improvement Value: $336,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $144,400
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $134,400

    Sales

  • Current Sale Contract Date: Jun 01, 2023
  • Current Sale Recording Date: Jun 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17311
  • Previous Sale Recording Date: Apr 28, 2021
  • Previous Sale Contract Date: Apr 22, 2021
  • Previous Sale Amount: $20,000
  • 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:

$575,000

Sale Price/ft²

$338

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1891 ft²

Average Home Age

22.7 years

Currently For Sale

2373 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: Jackie Myers, All Star Realty
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3313728
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 2425 Cedar Pass built and last sold?
The property at 2425 Cedar Pass was built in 2023 and last sold on Jun 1, 2023 for $485,000.
How much is this home worth?
The estimated value of the home located at 2425 Cedar Pass is $500,194.
What are some comparable homes to 2425 Cedar Pass?
There are currently no comparable homes to 2425 Cedar Pass.
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