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Sevier 37862
2978 Ginas Way
Photo of 2978 Ginas Way
Sold on Feb 28, 2025

35

Map

Photo of 2978 Ginas Way
Photo of 2978 Ginas Way
$850,000
● House - Off Market

2978 Ginas Way

Sevierville, TN 37862
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,909 Ft²
$4,384
Est. Monthly

About This Property

Welcome to Mamma Bear Splash! This stunning modern construction cabin with indoor pool! This 3-bedroom cabin is perfectly situated just minutes from the excitement of Pigeon Forge, in picturesque Waldens Creek area.

Private Indoor Pool: Enjoy year-round swimming and fun. Game Room: A great space with large TV and arcade games for entertainment overlooking the pool.

Hot Tub: Relax and rejuvenate after a day of adventures. Outdoor Fireplace: Cozy up under the stars with loved ones.

With Hi speed internet, plenty of level parking and easy access, this cabin is an ideal Short Term rental and Vacation home for Families and friends just a short drive to the Great Smoky Mountains National Park and all the area attractions with no HOA. Rental projection for locally successful Co-host of up to $100K.
Unit Size
1,909 Ft²
Days on Market
-
Land Size
0.88 acres
Price per sqft
$445
Property Type
House
Property Taxes
$210
HOA Dues
-
Year Built
2023

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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: 3 months ago (Realtracs #RTC3298670)

Price History

Date / Event Date Event Price
Feb 28, 2025 Sold
Premium
Sold
Nov 13, 2024 Listed by United Real Estate Solutions $849,999
Listed by United Real Estate Solutions

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2023
  • Effective Year Built: 2023
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 58
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 36,590
  • Lot Size Depth Feet: 2,878
  • Lot Size Frontage Feet: 1,447
  • Total Building Area: 1,810
  • Gross Building Area: 1,810
  • Building Area: 1,810
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,810
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: WALDENS CREEK EST
  • Land Acres: 0000000840
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: WALDENS CREEK EST PB 26 PG 149 LOT 34 144.70 X 287.80 IRR

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 103
  • District: 16
  • Parcel: 103-017.33
  • Lot: 34
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7649
  • Longitude: -83.6704

    Address

  • Full Address: 2978 Ginas Way
  • Address - House Number: 2978
  • Address - Street Name: Ginas
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R011
  • 4-Digit Zip Code: 7852
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 638
  • Tax Year: 2023
  • Tax Amount: $131,500
  • Tax Rate Code Area: 78A00

    Market Valuation

  • Market Total Value: $425,500
  • Market Land Value: $13,500
  • Market Improvement Value: $412,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $170,200
  • Assessed Land Value: $5,400
  • Assessed Improvements Value: $164,800

    Sales

  • Current Sale Contract Date: Mar 16, 2023
  • Current Sale Recording Date: Mar 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7110
  • Previous Sale Recording Date: Apr 30, 2021
  • Previous Sale Contract Date: Apr 30, 2021
  • Previous Sale Amount: $150,000
  • 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:

$575,000

Sale Price/ft²

$337

Below Asking

0.02%

Average Days on Market

100

Average Home Size

2174 ft²

Average Home Age

22.9 years

Currently For Sale

2291 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: Karen De Amorim, United Real Estate Solutions
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3298670
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 2978 Ginas Way built and last sold?
The property at 2978 Ginas Way was built in 2023 and last sold on Mar 16, 2023 for $743,150.
How much is this home worth?
The estimated value of the home located at 2978 Ginas Way is $846,351.
What are some comparable homes to 2978 Ginas Way?
There are currently no comparable homes to 2978 Ginas Way.
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