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Sevier 37862
3221 Emerald Springs Loop
Photo of 3221 Emerald Springs Loop
Sold on Feb 5, 2025

8

Map

Photo of 3221 Emerald Springs Loop
Photo of 3221 Emerald Springs Loop
$130,000
● Land - Off Market

3221 Emerald Springs Loop

Sevierville, TN 37862
bedrooms
Studio
bathrooms
0 Bath
$765
Est. Monthly
$29
HOA / Fees

About This Property

Victim of the 2022 Wildfire, previously had Gorgeous 3 BR Log Cabin.  Save thousands on this property that already has a well and septic. And the view is breathtaking. This 24-hour gated community has an Outdoor Pool, Tennis Court, Frisby Golf, Pickleball and a Dog Park. So close to action packed Pigeon Forge but yet this SD is secluded in a park like setting.
Unit Size
-
Days on Market
-
Land Size
0.44 acres
Price per sqft
-
Property Type
Land
Property Taxes
$3
HOA Dues
$29
Year Built
2006

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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: 30 days ago (Realtracs #RTC3312052)

Price History

Date / Event Date Event Price
Aug 2, 2026 No longer available -
No longer available
Apr 22, 2026 Price Decreased $122,500
↓ $3K (2%)
Price Decreased
Mar 31, 2026 Listed by eXp Realty, LLC 7720 $125,000
Listed by eXp Realty, LLC 7720
Build-ready homesite located off Emerald Springs Loop in the 24/7 gated community of Shagbark in Sevierville, TN. This property features a 3-bedroom septic system already installed and access to a shared well, offering significant savings and convenience for future development. The lot offers excellent Smoky Mountain views and a private, wooded setting while remaining just a short drive to Pigeon Forge, providing easy access to dining, attractions, and entertainment. Shagbark offers a variety of amenities, including an outdoor pool, tennis courts, pickleball courts, frisbee golf, and a dog park. Ideal for a overnight rental investment or secondary home (buyer to verify all restrictions). Utilities are nearby; buyer to verify all information including well agreement, septic approval, and HOA guidelines.
Feb 5, 2025 Sold
Premium
Sold
Nov 26, 2024 Listed by All Seasons Realty $149,000
Listed by All Seasons Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • 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: 9
  • 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: 43,560
  • Total Building Area: 2,352
  • Gross Building Area: 2,352
  • Building Area: 2,352
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 2,352
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: SHAGBARK SEC 16H
  • Land Acres: 0000001000
  • Standard Land Use Code: 8001
  • County Land Use Code: 00-V
  • State Land Use Code: C00
  • Legal Description 1: SHAGBARK SEC 16H PB 0019 PG 0044 LOT 0006

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 113D
  • District: 16
  • Parcel: 113D-A-013.00
  • Lot: 6
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7482
  • Longitude: -83.65

    Address

  • Full Address: 3221 Emerald Springs Loop
  • Address - House Number: 3221
  • Address - Street Name: Emerald Springs
  • Address - Suffix Type: Loop
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 1,176
  • Tax Year: 2023
  • Tax Amount: $3,900
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 412,052
  • High Value: 601,239
  • Low Value: 222,864

    Market Valuation

  • Market Total Value: $10,500
  • Market Land Value: $10,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,625
  • Assessed Land Value: $2,625

    Sales

  • Current Sale Recording Date: Aug 04, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 27, 2010
  • Previous Sale Amount: $347,697
  • Previous Sale Document Type: 27
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:

$578,950

Sale Price/ft²

$338

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1889 ft²

Average Home Age

22.7 years

Currently For Sale

2363 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: Lucky Dague, All Seasons Realty
Last Updated: 30 days ago
Data Source: Realtracs, MLS# RTC3312052
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 3221 Emerald Springs Loop built and last sold?
The property at 3221 Emerald Springs Loop was built in 2006 and last sold on Jan 1, 1970 for $189,900.
How much is this home worth?
The estimated value of the home located at 3221 Emerald Springs Loop is $123,725.
What are some comparable homes to 3221 Emerald Springs Loop?
There are currently no comparable homes to 3221 Emerald Springs Loop.
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