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Sevier 37876
2924 Raven Fork Circle
Photo of 2924 Raven Fork Circle
Sold on Aug 5, 2020

32

Map

Photo of 2924 Raven Fork Circle
Photo of 2924 Raven Fork Circle
$450,000
● House - Off Market

2924 Raven Fork Circle

Sevierville, TN 37876
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,340 Ft²
$628,709
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

SPACIOUS 4 BEDROOM+ GAME ROOM cabin in beautiful Smoky Cove! Plenty of room to gather in a game room, or open living room. Kitchen is equipped with stainless steel appliances, ample counter space. 2 bedrooms on main level. Upstairs loft is used as a spacious king size master suite with jetted tub,private bathroom and walk in closet. Downstairs features a game room, bathroom, bedroom and large utility room. Enjoy the outdoors under covered decks or relax in a bubbling hot tub on the screened deck. Wood floors, tongue-and-groove, and cathedral ceilings throughout; downstairs has new gleaming laminate flooring. 10 minutes from the Main Parkway in Pigeon Forge or 5 min to Wears Valley rd. Resort features paved roads, outdoor pool. Several back roads to choose from.
Unit Size
2,340 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$196
Property Type
House
Property Taxes
$98
HOA Dues
-
Year Built
2005

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Cap Rate Calculator

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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: 3 months ago (Realtracs #RTC3291204)

Price History

Date / Event Date Event Price
Mar 8, 2021 Sold
Premium
Sold
Jan 18, 2021 Listed by Prime Mountain Properties $599,900
Listed by Prime Mountain Properties
4 BEDROOM+ GAME ROOM. Wood floors, tongue-and-groove, and cathedral ceilings through out; downstairs has new laminate floors. The cabin is located in beautiful Smoky Cove. Plenty of room to gather in a game room, or open living room. Kitchen has stainless steel appliances, plenty of counter space. Two bedrooms on main level and loft upstairs used as a spacious king size suite with jetted tub, private bathroom and walk in closet. Downstairs features a game room and bedroom and large utility room. Enjoy the outdoors under covered decks or relax in the hot tub on the screened in deck.
Aug 5, 2020 Sold
Premium
Sold
May 18, 2020 Listed by Century 21 MVP $459,000
Listed by Century 21 MVP

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • 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: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 2
  • Basement Area: 900
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 125
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,139
  • Lot Size Frontage Feet: 811
  • Total Building Area: 2,700
  • Gross Building Area: 2,940
  • Building Area: 2,940
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 2,700
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: SMOKY COVE
  • Land Acres: 0000000200
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: SMOKY COVE PB 34 PG 174 LOT 15 81.07 X 113.93 IRR

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-015.00
  • Lot: 15
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7956
  • Longitude: -83.6416

    Address

  • Full Address: 2924 Raven Fork Cir
  • Address - House Number: 2924
  • Address - Street Name: Raven Fork
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 900
  • Tax Year: 2023
  • Tax Amount: $304,700
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 270,702
  • High Value: 394,990
  • Low Value: 146,413

    Market Valuation

  • Market Total Value: $514,700
  • Market Land Value: $30,000
  • Market Improvement Value: $484,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $205,880
  • Assessed Land Value: $12,000
  • Assessed Improvements Value: $193,880

    Sales

  • Current Sale Contract Date: Mar 08, 2021
  • Current Sale Recording Date: Mar 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21008357
  • Previous Sale Recording Date: Aug 04, 2020
  • Previous Sale Contract Date: Aug 03, 2020
  • Previous Sale Amount: $450,000
  • 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:

$579,900

Sale Price/ft²

$338

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1887 ft²

Average Home Age

22.8 years

Currently For Sale

2359 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

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Realtracs

Listed by: Rasa Baldino, Century 21 MVP
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3291204
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 2924 Raven Fork Circle built and last sold?
The property at 2924 Raven Fork Circle was built in 2005 and last sold on Mar 8, 2021 for $676,000.
How much is this home worth?
The estimated value of the home located at 2924 Raven Fork Circle is $614,335.
What are some comparable homes to 2924 Raven Fork Circle?
There are currently no comparable homes to 2924 Raven Fork Circle.
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