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Sevier 37862
2735 Mountain Preserve Drive
Photo of 2735 Mountain Preserve Drive
Sold on Aug 9, 2021

29

Map

Photo of 2735 Mountain Preserve Drive
Photo of 2735 Mountain Preserve Drive
$595,000
● House - Off Market

2735 Mountain Preserve Drive

Sevierville, TN 37862
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,404 Ft²
$680,943
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Located in "The Preserve", a resort that truly has some of the most magnificent views of the Smokies. It will blow you away!!!! "A Rustic Retreat" is a beautiful 2 bedroom, 2 bath cabin with gorgeous views. Beautiful open floor plan with vaulted ceilings and large open windows that allow the Smoky Mountain sunshine in! The cabin has four decks to enjoy the beauty of the mountains. Two in the front and two in the back. Tons of parking for your guest, this cabin has its own driveway !!The Preserve Resort has an abundance of amenities to enjoy. You will never have to leave the Preserve to have a ton of fun for you and your guests. Fantastic overnight rental property.
Unit Size
1,404 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$424
Property Type
House
Property Taxes
$72
HOA Dues
$167
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 (Realtracs #RTC3277630)

Price History

Date / Event Date Event Price
Aug 9, 2021 Sold
Premium
Sold
Jun 11, 2021 Listed by Key Mountain Realty LLC $595,000
Listed by Key Mountain Realty LLC

Property Highlights

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: 8
  • Building Condition: 6
  • Building Quality: 1
  • 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
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 688
  • Total Building Area: 1,404
  • Gross Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,404
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: THE PRESERVE
  • Land Acres: 0000000160
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: THE PRESERVE PB LM7 PG 42 LOT 64R PHASE 1 UNIT 2 68.75 X 100

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 113J
  • District: 06
  • Parcel: 113J-A-064.00
  • Lot: 64R
  • Municipality: SEVIER COUNTY
  • Latitude: 35.739
  • Longitude: -83.6688

    Address

  • Full Address: 2735 Mountain Preserve Dr
  • Address - House Number: 2735
  • Address - Street Name: Mountain Preserve
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 702
  • Tax Year: 2023
  • Tax Amount: $223,600
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 520,417
  • High Value: 759,358
  • Low Value: 281,475

    Market Valuation

  • Market Total Value: $377,700
  • Market Land Value: $43,800
  • Market Improvement Value: $333,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $151,080
  • Assessed Land Value: $17,520
  • Assessed Improvements Value: $133,560

    Sales

  • Current Sale Contract Date: Aug 05, 2021
  • Current Sale Recording Date: Aug 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21029432
  • Previous Sale Recording Date: Dec 01, 2011
  • Previous Sale Contract Date: Nov 30, 2011
  • Previous Sale Amount: $175,000
  • 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:

$554,000

Sale Price/ft²

$333

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2190 ft²

Average Home Age

22.8 years

Currently For Sale

2489 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: Anna Harlan, Key Mountain Realty LLC
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3277630
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 2735 Mountain Preserve Drive built and last sold?
The property at 2735 Mountain Preserve Drive was built in 2006 and last sold on Aug 5, 2021 for $595,000.
How much is this home worth?
The estimated value of the home located at 2735 Mountain Preserve Drive is $596,043.
What are some comparable homes to 2735 Mountain Preserve Drive?
There are currently no comparable homes to 2735 Mountain Preserve Drive.
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