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Sevier 37876
2536 Covington Circle
Photo of 2536 Covington Circle
Sold on Jun 30, 2020

32

Map

Photo of 2536 Covington Circle
Photo of 2536 Covington Circle
$265,900
● House - Off Market

2536 Covington Circle

Sevierville, TN 37876
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,620 Ft²
$368,603
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

This stunning ranch style home is on a large .83 acre lot in a great neighborhood. Home sits right off Boyds Creek, so you are minutes away from anything and everything you need. From the open-concept kitchen and living space to the glassed in back porch and large fenced in yard, there is plenty of room for the whole family to enjoy! This home has been used as a second home and is in immaculate condition. The stove/range has never been used! Carport has just had new tile installed and there are hardwood, carpet and tile floors in the rest of the home. There is plenty of storage both under the deck and in the walk-in crawlspace. The pictures do not do this home justice. Come see this beautiful home today before it is gone!
Unit Size
1,620 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$162
Property Type
House
Property Taxes
$65
HOA Dues
-
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: 2 months ago (Realtracs #RTC3538027)

Price History

Date / Event Date Event Price
Jun 30, 2020 Sold
Premium
Sold
May 19, 2020 Listed by JET Real Estate $264,900
Listed by JET Real Estate
This stunning ranch style home is on a large .83 acre lot in a great neighborhood. Home sits right off Boyds Creek, so you are minutes away from anything and everything you need. From the open-concept kitchen and living space to the glassed in back porch and large fenced in yard, there is plenty of room for the whole family to enjoy! This home has been used as a second home and is in immaculate condition. The stove/range has never been used! Carport has just had new tile installed and there are hardwood, carpet and tile floors in the rest of the home. There is plenty of storage both under the deck and in the walk-in crawlspace. The pictures do not do this home justice. Come see this beautiful home today before it is gone!
Apr 8, 2019 Sold
Premium
Sold
Mar 25, 2019 Listed by Prime Mountain Properties $238,900
Listed by Prime Mountain Properties

Property Highlights

Garage
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: 7
  • Building Condition: 6
  • Building Quality: 6
  • Construction Type: 0
  • Building Style: 58
  • Exterior Walls Type: 2
  • 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: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 89
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,155
  • Lot Size Depth Feet: 3,127
  • Lot Size Frontage Feet: 769
  • Total Building Area: 2,104
  • Gross Building Area: 2,232
  • Building Area: 1,620
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,620
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COVINGTON PLACE
  • Land Acres: 0000000830
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: COVINGTON PLACE PB LM-5 PG 70 LOT 17 76.94 X 312.67 IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080202

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 025A
  • District: 14
  • Parcel: 025A-D-017.00
  • Lot: 17
  • Municipality: SEVIER COUNTY
  • Latitude: 35.9284
  • Longitude: -83.6735

    Address

  • Full Address: 2536 Covington Cir
  • Address - House Number: 2536
  • Address - Street Name: Covington
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R026
  • 4-Digit Zip Code: 5400
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 1,620
  • Tax Year: 2023
  • Tax Amount: $89,400
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 467,116
  • High Value: 681,585
  • Low Value: 252,646

    Market Valuation

  • Market Total Value: $241,600
  • Market Land Value: $35,000
  • Market Improvement Value: $206,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $60,400
  • Assessed Land Value: $8,750
  • Assessed Improvements Value: $51,650

    Sales

  • Current Sale Contract Date: Jun 30, 2020
  • Current Sale Recording Date: Jul 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20022222
  • Previous Sale Recording Date: Apr 09, 2019
  • Previous Sale Contract Date: Apr 08, 2019
  • Previous Sale Amount: $235,000
  • 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

Rentals Near You

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Realtracs

Listed by: Marty Falloon, JET Real Estate
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3538027
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 2536 Covington Circle built and last sold?
The property at 2536 Covington Circle was built in 2006 and last sold on Jun 30, 2020 for $265,900.
How much is this home worth?
The estimated value of the home located at 2536 Covington Circle is $279,522.
What are some comparable homes to 2536 Covington Circle?
There are currently no comparable homes to 2536 Covington Circle.
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