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Sevier 37862
2977 Kulpan Way
Photo of 2977 Kulpan Way
Sold on Jan 4, 2022

22

Map

Photo of 2977 Kulpan Way
Photo of 2977 Kulpan Way
$585,000
● House - Off Market

2977 Kulpan Way

Sevierville, TN 37862
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,728 Ft²
$594,905
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Amazing View!! Private and extremely comfortable place to rest and relax. Great room with gas FP, wall of windows, granite counter tops in the kitchen. It has one bedroom and bath on the main level. Upstairs to the huge Master bedroom with a whirlpool tub, plus a full bath. The recreation room is open in the loft. Wrap around deck. The sides of the cabin have a covered porch and the front has a deck with the hot tub. A small stream from the Spring next door goes by the property. The furniture is included. Great rental or simply move in.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.87 acres
Price per sqft
$318
Property Type
House
Property Taxes
$128
HOA Dues
-
Year Built
2005

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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: 3 months ago (Realtracs #RTC3523921)

Price History

Date / Event Date Event Price
Jan 4, 2022 Sold
Premium
Sold
Nov 5, 2021 Listed by ReMax Cove Mountain Realty $550,000
Listed by ReMax Cove Mountain Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 6
  • 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: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 37,897
  • Total Building Area: 1,728
  • Gross Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: SPRING GAP
  • Land Acres: 0000000870
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: SPRING GAP PB 35 PG 387 LOT 23-R

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 081002

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 124O
  • District: 06
  • Parcel: 124O-B-023.00
  • Lot: 23R
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7094
  • Longitude: -83.6214

    Address

  • Full Address: 2977 Kulpan Way
  • Address - House Number: 2977
  • Address - Street Name: Kulpan
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 864
  • Tax Year: 2023
  • Tax Amount: $221,500
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.2694
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 61
  • Final Value: 695,800
  • High Value: 883,282
  • Low Value: 508,318

    Market Valuation

  • Market Total Value: $374,100
  • Market Land Value: $35,000
  • Market Improvement Value: $339,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $149,640
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $135,640

    Sales

  • Current Sale Contract Date: Jan 04, 2022
  • Current Sale Recording Date: Jan 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 763
  • Previous Sale Recording Date: Apr 21, 2017
  • Previous Sale Contract Date: Apr 17, 2017
  • Previous Sale Amount: $250,000
  • 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:

$554,000

Sale Price/ft²

$333

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2190 ft²

Average Home Age

22.8 years

Currently For Sale

2489 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

Click here to view more rentals in the neighborhood.
Realtracs

Listed by: Debbie Ogle, ReMax Cove Mountain Realty
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3523921
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 2977 Kulpan Way built and last sold?
The property at 2977 Kulpan Way was built in 2005 and last sold on Jan 4, 2022 for $585,000.
How much is this home worth?
The estimated value of the home located at 2977 Kulpan Way is $562,274.
What are some comparable homes to 2977 Kulpan Way?
There are currently no comparable homes to 2977 Kulpan Way.
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