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Sevier 37862
3052 Stepping Stone Drive
Photo of 3052 Stepping Stone Drive
Sold on Jan 24, 2025

43

Map

Photo of 3052 Stepping Stone Drive
Photo of 3052 Stepping Stone Drive
$985,000
● House - Off Market

3052 Stepping Stone Drive

Sevierville, TN 37862
bedrooms
3 Beds
bathrooms
3 Baths, 3 Half Baths
square feet
2,792 Ft²
$5,646
Est. Monthly
$38
HOA / Fees

About This Property

Beautifully remodeled 3 bedroom 3 full bath and 3 half bath indoor pool cabin nestled in the peaceful wooded setting of Shagbark Resort. Torn down to the studs this full remodeled home maintains its modern architectural style and brings an updated cabin like interior perfect for a mountain getaway. Interior highlights include walls of glass, cathedral ceilings, tongue and grove walls, game space, generous bedrooms with private bathrooms, and ample deck space. Exterior siding also replaced!
Unit Size
2,792 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$394
Property Type
House
Property Taxes
$207
HOA Dues
$38
Year Built
1971

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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: 17 days ago (Realtracs #RTC3288921)

Price History

Date / Event Date Event Price
Jan 24, 2025 Sold
Premium
Sold
Nov 29, 2024 Listed by Century 21 MVP $1,100,000
Listed by Century 21 MVP
Beautifully remodeled 3 bedroom 3 full bath and 3 half bath indoor pool cabin nestled in the peaceful wooded setting of Shagbark Resort. Torn down to the studs this full remodeled home maintains its modern architectural style and brings an updated cabin like interior perfect for a mountain getaway. Interior highlights include walls of glass, cathedral ceilings, tongue and grove walls, game space, generous bedrooms with private bathrooms, and ample deck space. Exterior siding also replaced!

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 576
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,792
  • Gross Building Area: 2,792
  • Building Area: 2,792
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 2,792
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: SHAGBARK SEC 16
  • Land Acres: 0000001000
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: SHAGBARK SEC 16 PB 16 PG 31 LOT 16

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 113C
  • District: 16
  • Parcel: 113C-B-013.00
  • Lot: 16
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7543
  • Longitude: -83.652

    Address

  • Full Address: 3052 Stepping Stone Dr
  • Address - House Number: 3052
  • Address - Street Name: Stepping Stone
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R011
  • 4-Digit Zip Code: 8612
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 1,108
  • Tax Year: 2023
  • Tax Amount: $247,900
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.2612
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 62
  • Final Value: 323,950
  • High Value: 408,574
  • Low Value: 239,325

    Market Valuation

  • Market Total Value: $418,800
  • Market Land Value: $18,000
  • Market Improvement Value: $400,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $167,520
  • Assessed Land Value: $7,200
  • Assessed Improvements Value: $160,320

    Sales

  • Current Sale Contract Date: Feb 02, 2018
  • Current Sale Recording Date: Feb 02, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 18004772
  • Previous Sale Recording Date: Feb 04, 2016
  • Previous Sale Contract Date: Jan 25, 2016
  • Previous Sale Amount: $37,000
  • 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: Deborah Korlin, Century 21 MVP
Last Updated: 17 days ago
Data Source: Realtracs, MLS# RTC3288921
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 3052 Stepping Stone Drive built and last sold?
The property at 3052 Stepping Stone Drive was built in 1971 and last sold on Feb 2, 2018 for $43,000.
How much is this home worth?
The estimated value of the home located at 3052 Stepping Stone Drive is $1,100,625.
What are some comparable homes to 3052 Stepping Stone Drive?
There are currently no comparable homes to 3052 Stepping Stone Drive.
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