by Lee Lin

See Home Value
Sevier 37862
2722 Red Sky Drive
$1,200,000
● House - Off Market

2722 Red Sky Drive

Sevierville, TN 37862
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,500 Ft²
$6,040
Est. Monthly
$7
HOA / Fees

About This Property

Superb turn-key overnight rental cabin or second home where you will enjoy both sunrises and sunsets with views of Mount Leconte and Cove Mountain among other gorgeous peaks and valleys. This freshly stained, exquisitely furnished rental machine is situated between action-packed Pigeon Forge and beautiful Wears Valley in the prestigious Thunder Mountain community designed with well maintained, paved, safe roads. Sleeping 10 persons in 3 King beds, each in their own Master Suites, the rustic style yet elegant sleeper sofa in the living room, and a set of twin bunks in the lower level game room. Rack a game of pool in the upper level game room or enjoy a family movie night in the lower level theater room. Most bookings come through VRBO and 2023 brought in a whopping $104K! Sellers willing to share everything they've learned in their 1st year of running their overnight rental business from 4 hours away. Vrbo: https://t.vrbo.io/F36RV0SMdGb
Unit Size
2,500 Ft²
Days on Market
-
Land Size
1.15 acres
Price per sqft
$480
Property Type
House
Property Taxes
$140
HOA Dues
$7
Year Built
2019

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Last updated: 2 months ago (Realtracs #RTC3305009)

Price History

Date / Event Date Event Price
Mar 1, 2024 Sold
Sold
Jan 9, 2024 Listed by Real Broker $1,200,000
Listed by Real Broker

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 6
  • Building Quality: 6
  • Construction Type: 0
  • Building Style: 58
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 2
  • Basement Area: 880
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 50,094
  • Lot Size Depth Feet: 3,673
  • Lot Size Frontage Feet: 1,216
  • Total Building Area: 1,760
  • Gross Building Area: 1,760
  • Building Area: 1,760
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,760
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: THUNDER MOUNTAIN PH 4
  • Land Acres: 0000001150
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: THUNDER MOUNTAIN PH 4 PB LM7 PG 147 LOT 1 UNIT 2 121.56 X 367.27 IRR

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 104E
  • District: 06
  • Parcel: 104E-B-056.00
  • Lot: 1
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7615
  • Longitude: -83.5929

    Address

  • Full Address: 2722 Red Sky Dr
  • Address - House Number: 2722
  • Address - Street Name: Red Sky
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 880
  • Tax Year: 2023
  • Tax Amount: $269,500
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.461
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 1,207,568
  • High Value: 1,314,251
  • Low Value: 1,100,885

    Market Valuation

  • Market Total Value: $455,300
  • Market Land Value: $62,500
  • Market Improvement Value: $392,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $182,120
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $157,120

    Sales

  • Current Sale Contract Date: Mar 01, 2024
  • Current Sale Recording Date: Mar 06, 2024
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5607
  • Previous Sale Recording Date: Nov 08, 2022
  • Previous Sale Contract Date: Nov 02, 2022
  • Previous Sale Amount: $1,070,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Sevier


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Frequently Asked Questions

When was property at 2722 Red Sky Drive built and last sold?
The property at 2722 Red Sky Drive was built in 2019 and last sold on Mar 1, 2024 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 2722 Red Sky Drive is $1,193,629.
What are some comparable homes to 2722 Red Sky Drive?
There are currently no comparable homes to 2722 Red Sky Drive.