See Home Value
Sevier 37876
2753 Murray Ridge Road
$144,000 - $176,000
Land - Off Market

2753 Murray Ridge Road

Sevierville, TN 37876
bedrooms
Studio
bathrooms
0 Bath
Sold Aug 12, 2011
$299,000
Sold Mar 17, 2008
$60,400

About This Property

Nestled in the coveted Smoky Cove subdivision, this pristine parcel of land presents a golden opportunity for investors looking to make their mark in the lucrative world of short-term rentals. This lot offers ample space for an expansive cabin, designed to cater to the needs of vacationers seeking the perfect blend of luxury and adventure. The location is strategically situated close to all the renowned attractions that the Smoky Mountains have to offer, ensuring that your future property will be in high demand. The Smoky Cove community itself is renowned for its tranquil ambiance and scenic beauty, providing a serene backdrop for what could be the next top-performing rental property in the area. Whether guests are looking to explore the natural wonders of the Smokies or simply escape the hustle and bustle of everyday life, this piece of land holds the promise of unforgettable experiences and lasting memories!
Unit Size
-
Days on Market
-
Land Size
0.36 acres
Price per sqft
-
Property Type
Land
Property Taxes
$111
HOA Dues
$1,200
Year Built
2009

Price History

Date / Event Date Event Price
Mar 21, 2024 No longer available -
No longer available
Jan 26, 2024 In contract -
In contract
Nov 17, 2023 Price Decreased $160,000
↓ $40K (20%)
Price Decreased
Nov 8, 2023 Listed $200,000
Listed
May 4, 2023 Listed $1,560,000
Listed
This to be built cabin is located in the desirable Smoky Cove subdivision. This home features an indoor pool, three deck levels, a massive recreation room and a theatre room - You can't ask for much more inside of a stellar rental property. With a projected revenue of $145K -$175K, once complete this turnkey rental will become an outstanding asset to your investment portfolio. Inside this luxurious 3300 square foot property you will find 5 bedrooms and 5.5 bathrooms. The main floor…

Property Highlights

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Custom
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,682
  • Lot Size Depth Feet: 1,960
  • Lot Size Frontage Feet: 804
  • Total Building Area: 2,016
  • Gross Building Area: 2,016
  • Building Area: 2,016
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,016
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SMOKY COVE PH-2
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SMOKY COVE PH-2 PB LM-7 PG 118 LOT 54 80.37 X 196.01 IRR

Ownership

  • Current Owner : BURGESS MARTIN E
  • Current Owner 2: BURGESS LISA F
  • Previous Owner : RATCLIFF GUY E
  • Owner Before Previous Owner: TAYLOR GEORGE M

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 093A
  • District: 16
  • Parcel: 093A-B-054.00
  • Lot: 54
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7974
  • Longitude: -83.6445

    Address

  • Full Address: 2753 Murray Ridge Rd
  • Address - House Number: 2753
  • Address - Street Name: Murray Ridge
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 896
  • Tax Year: 2023
  • Tax Amount: $1,934
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 577,244
  • High Value: 842,277
  • Low Value: 312,210

    Market Valuation

  • Market Total Value: $522,800
  • Market Land Value: $30,000
  • Market Improvement Value: $492,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $130,700
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $123,200

    Sales

  • Current Sale Contract Date: Aug 08, 2011
  • Current Sale Recording Date: Aug 12, 2011
  • Current Sale Transaction ID: 11442477139
  • Current Sale Price: $299,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11031823
  • Previous Sale Recording Date: Mar 17, 2008
  • Previous Sale Amount: $60,400
  • Previous Sale Document Type: Deed



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 2753 Murray Ridge Road built and last sold?
The property at 2753 Murray Ridge Road was built in 2009 and last sold on Aug 8, 2011 for $299,000.
How much is this home worth?
The estimated value of the home located at 2753 Murray Ridge Road is $161,600.
What are some comparable homes to 2753 Murray Ridge Road?
Homes that are comparable to 2753 Murray Ridge Road include a house property at 2709 Murray Ridge Road, 2009 Smoky Cove Road, 2106 Roscoe Court.

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