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Jefferson 37876
3004 Channel View Way
Photo of 3004 Channel View Way
Sold on Jan 19, 2021

21

Map

Photo of 3004 Channel View Way
Photo of 3004 Channel View Way
$358,000
● House - Off Market

3004 Channel View Way

Sevierville, TN 37876
bedrooms
1 Bed
bathrooms
1 Bath, 1 Half Bath
square feet
1,274 Ft²
$493,327
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

Beautiful, income producing cabin on Douglas Lake! Already well established on rental with Lake Front Cabin Rentals. This cabin is turn key. Rental income for 2020 Jan-Sept Gross $37,635. This cabin has well over $40,000.00 booked for the remainder of the year. Can be used as a permanent home as well. Comes fully furnished with a loft, balcony upstairs with lakeviews & half bath. Master bedroom on main level with french doors out to the deck with views of the lake. Screened in porch off the living room for those late nights. Steps to the lake & boat ramp just a short drive. Enjoy the outdoor fire pit, horse shoes & cornhole boards! Seller added a new washer/dryer & microwave this year. Don't miss out on this income producing property!
Unit Size
1,274 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$298
Property Type
House
Property Taxes
$70
HOA Dues
-
Year Built
2002

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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: 4 months ago (Realtracs #RTC3268281)

Price History

Date / Event Date Event Price
Jan 19, 2021 Sold
Premium
Sold
Oct 7, 2020 Listed by Mountain Home Realty $379,900
Listed by Mountain Home Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 10
  • 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: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 2,820
  • Total Building Area: 1,274
  • Gross Building Area: 1,654
  • Building Area: 1,274
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,274
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FLOYD LAFOLLETTE PROP
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 03
  • State Land Use Code: C00
  • Legal Description 1: FLOYD LAFOLLETTE PROP PB: NR LOT: 9 282.1 X 90 IRR

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 080804

Zoning

  • Zoning: A-1

Geography

  • Assessors Map Reference: 095I
  • District: 08
  • Subdivision Tract Number: 9
  • Parcel: 095I-A-012.00
  • Lot: 9
  • Municipality: JEFFERSON CNTY-UNINCORPORATED
  • Latitude: 35.9342
  • Longitude: -83.4386

    Address

  • Full Address: 3004 Channel View Way
  • Address - House Number: 3004
  • Address - Street Name: Channel View
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 1,064
  • Tax Year: 2022
  • Tax Amount: $104,700
  • Tax Rate Code Area: 45A00

    Appraisal Valuation

  • Standard Deviation: 0.1139
  • Valuation Date: May 24, 2023
  • Confidence Score: 88
  • Final Value: 367,360
  • High Value: 409,218
  • Low Value: 325,503

    Market Valuation

  • Market Total Value: $191,200
  • Market Land Value: $19,500
  • Market Improvement Value: $171,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,800
  • Assessed Land Value: $4,875
  • Assessed Improvements Value: $42,925

    Sales

  • Current Sale Contract Date: Jan 19, 2021
  • Current Sale Recording Date: Jan 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21000499
  • Previous Sale Recording Date: Oct 19, 2012
  • Previous Sale Contract Date: Oct 18, 2012
  • Previous Sale Amount: $159,000
  • 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 Jefferson

Stats & Trends

Median Asking:

$439,000

Sale Price/ft²

$225

Below Asking

0.02%

Average Days on Market

89

Average Home Size

2424 ft²

Average Home Age

28.6 years

Currently For Sale

270 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: Stella Parton, Mountain Home Realty
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3268281
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 3004 Channel View Way built and last sold?
The property at 3004 Channel View Way was built in 2002 and last sold on Jan 19, 2021 for $358,000.
How much is this home worth?
The estimated value of the home located at 3004 Channel View Way is $381,352.
What are some comparable homes to 3004 Channel View Way?
There are currently no comparable homes to 3004 Channel View Way.
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