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Sevier 37876
2810 Goose Gap Road
$250,000
● House - Off Market

2810 Goose Gap Road

Sevierville, TN 37876
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$303,604
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Location is everything in the Smoky Mountains. If you are looking for a permanent home or an investment opportunity this is it! This cute, comfy and cozy home comes with 2.59+/- acres in a great area off Goose Gap Road just minutes from the main parkway in Pigeon Forge. The current Owners have this as a rental home with the current Tenants occupying the home for the past 10 years. The home offers 3 bedrooms, 1 full bath and a half bath with a beautiful level lot where the possibilities are endless. You are only minutes away from Sevierville, Pigeon Forge, Seymour and Gatlinburg for all your entertaining needs but also out in the country away from the hustle and bustle of the city life. Easy access around back roads allow for easier travel when traffic is congested during peak times. The property is on Utility water.
Unit Size
-
Days on Market
119 days
Land Size
2.59 acres
Price per sqft
-
Property Type
House
Property Taxes
$48
HOA Dues
-
Year Built
1948

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 years ago ( #246702)

Price History

Date / Event Date Event Price
Apr 29, 2022 Sold
Premium
Sold
Dec 31, 2021 Listed by RE/MAX Adventure Realty $299,500
Listed by RE/MAX Adventure Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 2
  • Interior Walls Type: 18
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 94
  • Porch Type: 89
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 112,820
  • Total Building Area: 1,350
  • Gross Building Area: 1,539
  • Building Area: 1,350
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,350
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000002590
  • Standard Land Use Code: 8001
  • County Land Use Code: 00-V
  • State Land Use Code: C00
  • Legal Description 1: DISTRICT: 16, COUNTY AREA: I01

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080901

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 093
  • District: 16
  • Parcel: 093-012.02
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7909
  • Longitude: -83.6277

    Address

  • Full Address: 2810 Goose Gap Rd
  • Address - House Number: 2810
  • Address - Street Name: Goose Gap
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R005
  • 4-Digit Zip Code: 7463
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 1,350
  • Tax Year: 2023
  • Tax Amount: $16,900
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.0876
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 310,828
  • High Value: 338,063
  • Low Value: 283,593

    Market Valuation

  • Market Total Value: $45,800
  • Market Land Value: $45,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $11,450
  • Assessed Land Value: $11,450

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: May 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20516
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:

$576,500

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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Frequently Asked Questions

When was property at 2810 Goose Gap Road built and last sold?
The property at 2810 Goose Gap Road was built in 1948 and last sold on Apr 29, 2022 for $250,000.
How much is this home worth?
The estimated value of the home located at 2810 Goose Gap Road is $0.
What are some comparable homes to 2810 Goose Gap Road?
There are currently no comparable homes to 2810 Goose Gap Road.
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