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Sevier 37862
2566 Misty Shadows Drive
Photo of 2566 Misty Shadows Drive
Sold on Feb 9, 2021

35

Map

Photo of 2566 Misty Shadows Drive
Photo of 2566 Misty Shadows Drive
$970,000
● House - Off Market

2566 Misty Shadows Drive

Sevierville, TN 37862
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,850 Ft²
$1,259,318
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

Luxury mountain living at its best! This outstanding lodge has views with layer after layer of blue mountains that can be enjoyed from all 3 levels of the home. Offering 3 bdr , 4.5 bth w/accommodations for up to 20 guests! Four King rooms each have their own attached bath, and 3 have private access to the outside porches. Upstairs a lofted game room includes pool table, multi-game arcade, and a 55'' LED TV! Lower features a theater room w/ surround sound and theater seating, gathering space and 2 en-suites. New appliances, furniture, granite tops, new flooring and refinished flooring, fire pit and drive. Let your stress melt away while you relax in the hot tub and enjoy the view.
Unit Size
3,850 Ft²
Days on Market
-
Land Size
1.19 acres
Price per sqft
$257
Property Type
House
Property Taxes
$115
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: 10 days ago (Realtracs #RTC2894092)

Price History

Date / Event Date Event Price
Jun 17, 2022 No longer available -
No longer available
May 1, 2022 In contract -
In contract
Apr 24, 2022 Listed by Keller Williams Smoky Mountains $1,500,000
Listed by Keller Williams Smoky Mountains
VRBO ''50 Mile View Lodge'' Luxury cabin with lots of windows to showcase the 50 mile view of the Smoky Mountains sitting on over an acre of land!!!!! This well appointed cabin offers 3bed 4.5 bath with 2 bonus rooms. Wake up to breathtaking views, enjoy sitting with your coffee in your newly renovated kitchen or relaxing evenings with your outdoor kitchen built in 2021, gas BBQ grill, firepit, the family will have plenty of fun with the game room, theater room, hot tub, multiple decks and balconies! The manager has listed the unit size as 3850 square feet.
Feb 9, 2021 Sold
Premium
Sold
Dec 4, 2020 Listed by Keller Williams $990,000
Listed by Keller Williams

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 58
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 1,304
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 51,836
  • Total Building Area: 3,912
  • Gross Building Area: 3,912
  • Building Area: 3,912
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 3,912
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: MISTY SHADOWS
  • Land Acres: 0000001190
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: MISTY SHADOWS PB 27 PG 48 LOT 27

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 081002

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 104
  • District: 06
  • Parcel: 104-135.23
  • Lot: 27
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7457
  • Longitude: -83.5974

    Address

  • Full Address: 2566 Misty Shadows Dr
  • Address - House Number: 2566
  • Address - Street Name: Misty Shadows
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 1,304
  • Tax Year: 2023
  • Tax Amount: $457,400
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 675,074
  • High Value: 985,024
  • Low Value: 365,123

    Market Valuation

  • Market Total Value: $772,600
  • Market Land Value: $79,500
  • Market Improvement Value: $693,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $309,040
  • Assessed Land Value: $31,800
  • Assessed Improvements Value: $277,240

    Sales

  • Current Sale Contract Date: Jun 15, 2022
  • Current Sale Recording Date: Jun 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 26855
  • Previous Sale Recording Date: Feb 10, 2021
  • Previous Sale Contract Date: Feb 08, 2021
  • Previous Sale Amount: $970,000
  • 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:

$579,900

Sale Price/ft²

$338

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1887 ft²

Average Home Age

22.8 years

Currently For Sale

2359 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: Gina Grah, Keller Williams
Last Updated: 10 days ago
Data Source: Realtracs, MLS# RTC2894092
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 2566 Misty Shadows Drive built and last sold?
The property at 2566 Misty Shadows Drive was built in 2006 and last sold on Jun 15, 2022 for $1,450,000.
How much is this home worth?
The estimated value of the home located at 2566 Misty Shadows Drive is $1,479,342.
What are some comparable homes to 2566 Misty Shadows Drive?
There are currently no comparable homes to 2566 Misty Shadows Drive.
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