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Sevier 37876
2515 Jada Lane
Photo of 2515 Jada Lane
Sold on Jan 17, 2022

27

Map

Photo of 2515 Jada Lane
Photo of 2515 Jada Lane
$883,000
● House - Off Market

2515 Jada Lane

Sevierville, TN 37876
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,079 Ft²
$955,092
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

NEWLY FINISHED Investment Cabin in the Smokies. Excellent location and easy access to all area attractions in Pigeon Forge! This gorgeous cabin is nested on a private 1.28 acre lot, Offers MOUNTAIN VIEWS and total serenity. Interior features 3 MASTER Beardoms, one on each level for guests to enjoy. Large gaming area downstairs can accommodate entertainment and extra bunk beds. Finishes will include modern/rustic light fixtures, granite counters and Stainless steal appliances in the kitchen. Cabin will be completed in 3-4 weeks and ready to go on a successful rental program of your choice.
Unit Size
2,079 Ft²
Days on Market
-
Land Size
1.28 acres
Price per sqft
$425
Property Type
House
Property Taxes
$15
HOA Dues
-
Year Built
2022

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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: 4 months ago (Realtracs #RTC3289280)

Price History

Date / Event Date Event Price
Jan 17, 2022 Sold
Premium
Sold
Oct 16, 2021 Listed by Century 21 MVP $883,000
Listed by Century 21 MVP

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • 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
  • Floor Cover: 15
  • Basement Type: 2
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 34
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 55,757
  • Total Building Area: 2,160
  • Gross Building Area: 2,160
  • Building Area: 2,160
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 2,160
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: CRESTVIEW
  • Land Acres: 0000001280
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: CRESTVIEW PB 36 PG 133 LOT 28R2

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 093B
  • District: 16
  • Parcel: 093B-A-028.01
  • Lot: 28R2
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7965
  • Longitude: -83.6244

    Address

  • Full Address: 2515 Jada Ln
  • Address - House Number: 2515
  • Address - Street Name: Jada
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 864
  • Tax Year: 2023
  • Tax Amount: $291,100
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 560,286
  • High Value: 817,533
  • Low Value: 303,038

    Market Valuation

  • Market Total Value: $491,800
  • Market Land Value: $38,400
  • Market Improvement Value: $453,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $196,720
  • Assessed Land Value: $15,360
  • Assessed Improvements Value: $181,360

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Jan 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3861
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:

$550,000

Sale Price/ft²

$334

Below Asking

0.02%

Average Days on Market

99

Average Home Size

2192 ft²

Average Home Age

22.9 years

Currently For Sale

2435 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: Irena McCoy, Century 21 MVP
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3289280
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 2515 Jada Lane built and last sold?
The property at 2515 Jada Lane was built in 2022 and last sold on Jan 14, 2022 for $883,000.
How much is this home worth?
The estimated value of the home located at 2515 Jada Lane is $882,359.
What are some comparable homes to 2515 Jada Lane?
There are currently no comparable homes to 2515 Jada Lane.
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