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Sevier 37876
2926 Eledge Lane
Photo of 2926 Eledge Lane
Sold on Jan 30, 2015

1

Map

$89,900
● House - Off Market

2926 Eledge Lane

Sevierville, TN 37876
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,026 Ft²
$176,934
RealtyHop Estimate
86.44%
Since Feb 1, 2015
National-US
Primary Model

About This Property

1st Time On market Owner is liquidating his rental properties This Home has had the same tenant since owner built as new. Home is in good condition Great Floor plan one car garage Plus crawl space has been dug out for a work shop . nice Mountain Views and close to New Center School Lot is Level
Unit Size
1,026 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$93
Property Type
House
Property Taxes
$23
HOA Dues
-
Year Built
1995

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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: 2 months ago (Realtracs #RTC3571161)

Price History

Date / Event Date Event Price
Jan 30, 2015 Sold
Premium
Sold
Nov 10, 2014 Listed by Action Real Estate, Inc. $94,900
Listed by Action Real Estate, Inc.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • 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: 5
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 268
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,829
  • Lot Size Depth Feet: 2,251
  • Lot Size Frontage Feet: 1,463
  • Total Building Area: 700
  • Gross Building Area: 700
  • Building Area: 700
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 700
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELEDGE LANE PHASE II
  • Land Acres: 0000000570
  • Standard Land Use Code: 1001
  • County Land Use Code: 51
  • State Land Use Code: C00
  • Legal Description 1: ELEDGE LANE PHASE II PB NR LOT 26 146.26 X 225.14 IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080604

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 041O
  • District: 03
  • Parcel: 041O-D-019.00
  • Lot: 26
  • Municipality: SEVIER COUNTY
  • Latitude: 35.8806
  • Longitude: -83.4295

    Address

  • Full Address: 2926 Eledge Ln
  • Address - House Number: 2926
  • Address - Street Name: Eledge
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R031
  • 4-Digit Zip Code: 2276
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 700
  • Tax Year: 2023
  • Tax Amount: $34,300
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 408,840
  • High Value: 596,552
  • Low Value: 221,127

    Market Valuation

  • Market Total Value: $92,800
  • Market Land Value: $23,800
  • Market Improvement Value: $69,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $23,200
  • Assessed Land Value: $5,950
  • Assessed Improvements Value: $17,250

    Sales

  • Current Sale Contract Date: Jan 30, 2015
  • Current Sale Recording Date: Feb 02, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15003386
  • Previous Sale Recording Date: Jan 10, 1995
  • Previous Sale Amount: $65,700
  • 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:

$557,000

Sale Price/ft²

$333

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2189 ft²

Average Home Age

22.8 years

Currently For Sale

2485 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: Gina Kennedy, Action Real Estate, Inc.
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3571161
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 2926 Eledge Lane built and last sold?
The property at 2926 Eledge Lane was built in 1995 and last sold on Jan 30, 2015 for $89,900.
How much is this home worth?
The estimated value of the home located at 2926 Eledge Lane is $107,595.
What are some comparable homes to 2926 Eledge Lane?
There are currently no comparable homes to 2926 Eledge Lane.
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