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Sevier 37876
2515 Look Afar View Drive
$309,000
● House - Off Market

2515 Look Afar View Drive

Sevierville, TN 37876
bedrooms
1 Bed
bathrooms
2 Baths
square feet
1,524 Ft²
$505,348
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

Grossed $58,000 rental income in 2016. Features 2 Decks, Queen Sleeper Sofa, Loft Area with 2 twin mattresses.
Unit Size
1,524 Ft²
Days on Market
254 days
Land Size
-
Price per sqft
$209
Property Type
House
Property Taxes
$78
HOA Dues
$130
Year Built
2006

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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: 4 months ago ( #208643)

Price History

Date / Event Date Event Price
Dec 1, 2017 Sold
Premium
Sold
Jul 31, 2017 Listed $319,000
Listed
Grossed $58,000 rental income in 2016. Features 2 Decks, Queen Sleeper Sofa, Loft Area with 2 twin mattresses.The manager has listed the unit size as 1524 square feet.
Mar 22, 2017 Listed by Great Mountain Realty LLC $319,000
Listed by Great Mountain Realty LLC

Property Highlights

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: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 3
  • Basement Area: 624
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEGACY MOUNTAIN UNIT 1
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 03
  • State Land Use Code: C00
  • Legal Description 1: LEGACY MOUNTAIN UNIT 1 PB LM6 PG 33 LOT 63

Neighborhood

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

Zoning

  • Zoning: A-1

Geography

  • Assessors Map Reference: 085F
  • District: 13
  • Parcel: 085F-A-001.00-063
  • Lot: 63
  • Municipality: SEVIER COUNTY
  • Latitude: 35.8105
  • Longitude: -83.4687

    Address

  • Full Address: 2515 Look Afar View Dr
  • Address - House Number: 2515
  • Address - Street Name: Look Afar View
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 720
  • Tax Year: 2023
  • Tax Amount: $126,800
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 375,616
  • High Value: 548,074
  • Low Value: 203,157

    Market Valuation

  • Market Total Value: $342,600
  • Market Land Value: $60,000
  • Market Improvement Value: $282,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $85,650
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $70,650

    Sales

  • Current Sale Contract Date: Nov 29, 2017
  • Current Sale Recording Date: Dec 04, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17041691
  • Previous Sale Recording Date: Nov 05, 2009
  • Previous Sale Amount: $234,000
  • 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:

$574,000

Sale Price/ft²

$336

Below Asking

0.02%

Average Days on Market

99

Average Home Size

2167 ft²

Average Home Age

23.1 years

Currently For Sale

2315 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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Frequently Asked Questions

When was property at 2515 Look Afar View Drive built and last sold?
The property at 2515 Look Afar View Drive was built in 2006 and last sold on Nov 29, 2017 for $309,000.
How much is this home worth?
The estimated value of the home located at 2515 Look Afar View Drive is $335,685.
What are some comparable homes to 2515 Look Afar View Drive?
There are currently no comparable homes to 2515 Look Afar View Drive.
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