by Lee Lin

See Home Value
Sevier 37862
2875 Easy Street
$637,500
● House - Off Market

2875 Easy Street

Pigeon Forge, TN 37862
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,803 Ft²
$3,269
Est. Monthly

About This Property

Price Adjustment!!! $83,313.24 gross rental income in 2023! This single family home is set up like a duplex for maximizing revenue. It's nestled on just under half an acre, minutes from downtown Pigeon Forge, Dollywood, and the National Park. Spanning over 1,800 sq. ft. on two levels, this two-unit property is ideal as a dual-rental investment, with each unit currently generating over $41,000 in annual rental income. The upper level (Unit #1) boasts a spacious layout with two bedrooms, each featuring two private closets, and a main bathroom with a walk-in shower. The heart of this unit is a large, open-plan living and dining room, complemented by a full kitchen with granite countertops. The wraparound deck includes a hot tub, perfect for relaxation and entertainment. On the lower level (Unit #2), find comfort in a similar layout with two bonus rooms, each offering private closet space (note than one of these bedrooms does not have a window). Unit #2 also features an open living area, a combined kitchen and dining room, along with a primary bathroom. The outdoor space includes a partially wraparound patio, featuring its own hot tub. Both units have been thoughtfully updated with new plumbing, flooring (luxury vinyl, tile, and refinished hardwoods), remodeled bathrooms, fresh paint, updated lighting, HVAC systems, roofs, gutters, and appliances. The property offers ample parking with two spots for each unit and an additional guest spot. Secluded enough to offer peace and quiet yet less than two miles from the vibrancy of Pigeon Forge, this property balances tranquility with accessibility. Its use as a dual rental investment is matched by its appeal as a private home or vacation getaway. Also, no HOA is a nice benefit. Don't miss the chance to own this versatile property!
Unit Size
1,803 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$360
Property Type
House
Property Taxes
$78
HOA Dues
-
Year Built
1996

Payment Calculator

Cap Rate Calculator

Last updated: 30 days ago (Realtracs #RTC3286734)

Price History

Date / Event Date Event Price
May 24, 2024 Sold
Sold
Jan 29, 2024 Listed by Century 21 Legacy $649,900
Listed by Century 21 Legacy
Mar 20, 2023 No longer available -
No longer available
Feb 18, 2023 Listed by eXp Realty, LLC Maryville $750,000
Listed by eXp Realty, LLC Maryville
FULLY FURNISHED, Remodeled duplex. One house meter, but two separate units. Over $65,000 in rentals from May (first month open) through December 2022 alone! Main level offers 2 bedrooms and 1.5 bathrooms. Downstairs unit has 2 rooms 1 bathroom. Second room that does not include an egress window, but has closet. Less than 2 miles from all the action Pigeon Forge has to offer, but just secluded enough to be away from the hustle and bustle. Both units have their own hot tub and private laundry. Each unit includes new plumbing, flooring (luxury vinyl, tile, and refinished hardwoods), bathroom remodels, paint, lighting, HVAC, roof, gutters, and appliances. Private parking to allow 2 parking spots for each unit and one extra spot for a guest. Information taken from tax records and deemed reliable but not guaranteed. Buyer to verify square footage. The manager has listed the unit size as 1920 square feet.

Property Highlights


Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2002
  • 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: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 3
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Depth Feet: 1,668
  • Lot Size Frontage Feet: 1,204
  • Total Building Area: 1,920
  • Gross Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINEHAVEN EST 1
  • Land Acres: 0000000400
  • Standard Land Use Code: 1001
  • County Land Use Code: 03
  • State Land Use Code: C00
  • Legal Description 1: PINEHAVEN EST 1 PB LM6 PG 155 LOT 68-R 120.41 X 166.84 IRR

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 082N
  • District: 16
  • Parcel: 082N-A-034.00
  • Lot: 68R
  • Municipality: SEVIER COUNTY
  • Latitude: 35.801
  • Longitude: -83.6149

    Address

  • Full Address: 2875 Easy St
  • Address - House Number: 2875
  • Address - Street Name: Easy
  • Address - Suffix Type: St
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R038
  • 4-Digit Zip Code: 7501
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 960
  • Tax Year: 2023
  • Tax Amount: $93,200
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.0876
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 743,578
  • High Value: 808,731
  • Low Value: 678,424

    Market Valuation

  • Market Total Value: $252,000
  • Market Land Value: $24,000
  • Market Improvement Value: $228,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $63,000
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $57,000

    Sales

  • Current Sale Contract Date: Jun 10, 2021
  • Current Sale Recording Date: Jun 17, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21021645
  • Previous Sale Recording Date: Nov 02, 2004
  • Previous Sale Amount: $164,000
  • Previous Sale Document Type: 27
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


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 2875 Easy Street built and last sold?
The property at 2875 Easy Street was built in 1996 and last sold on Jun 10, 2021 for $307,000.
How much is this home worth?
The estimated value of the home located at 2875 Easy Street is $655,598.
What are some comparable homes to 2875 Easy Street?
There are currently no comparable homes to 2875 Easy Street.