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Sevier 37876
3271 Sims Road
Photo of 3271 Sims Road

22

Map

Photo of 3271 Sims Road
Photo of 3271 Sims Road
$165,000
● House - Off Market

3271 Sims Road

Sevierville, TN 37876
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,152 Ft²
$842
Est. Monthly

About This Property

So many possibilities with this unique find in the popular vacation town of Sevierville! It offers two cottages on the same property, and is conveniently located to the attractions of Pigeon Forge and Gatlinburg. This could be used as an rental, weekend getaway, permanent residence or all of the above at the same time! Call today for your showing!
Unit Size
1,152 Ft²
Days on Market
-
Land Size
1.08 acres
Price per sqft
$143
Property Type
House
Property Taxes
$31
HOA Dues
-
Year Built
1994

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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: 4 months ago (Realtracs #RTC3267886)

Price History

Date / Event Date Event Price
Apr 17, 2023 Sold
Premium
Sold
Feb 13, 2023 Listed by Mountain Home Realty $165,000
Listed by Mountain Home Realty
So many possibilities with this unique find in the popular vacation town of Sevierville! It offers two cottages on the same property, and is conveniently located to the attractions of Pigeon Forge and Gatlinburg. This could be used as an rental, weekend getaway, permanent residence or all of the above at the same time! Call today for your showing!
Nov 10, 2022 Listed by Mountain Home Realty $165,000
Listed by Mountain Home Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • 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: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 23
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,152
  • Gross Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 14
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FREEMAN MATTHEWS PROP
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: FREEMAN MATTHEWS PROP PB N/R LOT 3-C

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080604

Zoning

  • Zoning: A-1

Geography

  • Assessors Map Reference: 030
  • District: 03
  • Subdivision Tract Number: 3
  • Parcel: 030-020.30
  • Lot: 3C
  • Municipality: SEVIER COUNTY
  • Latitude: 35.9254
  • Longitude: -83.4265

    Address

  • Full Address: 3271 Sims Rd
  • Address - House Number: 3271
  • Address - Street Name: Sims
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R008
  • 4-Digit Zip Code: 1095
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 1,152
  • Tax Year: 2023
  • Tax Amount: $37,100
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.0876
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 160,859
  • High Value: 174,954
  • Low Value: 146,765

    Market Valuation

  • Market Total Value: $100,200
  • Market Land Value: $21,700
  • Market Improvement Value: $78,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $25,050
  • Assessed Land Value: $5,425
  • Assessed Improvements Value: $19,625

    Sales

  • Current Sale Contract Date: Apr 12, 2023
  • Current Sale Recording Date: Apr 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10138
  • Previous Sale Recording Date: Apr 15, 2015
  • Previous Sale Contract Date: Apr 14, 2015
  • Previous Sale Amount: $40,000
  • 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:

$557,000

Sale Price/ft²

$333

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2189 ft²

Average Home Age

22.8 years

Currently For Sale

2485 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: Shannon Helton, Mountain Home Realty
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3267886
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 3271 Sims Road built and last sold?
The property at 3271 Sims Road was built in 1994 and last sold on Apr 12, 2023 for $140,000.
How much is this home worth?
The estimated value of the home located at 3271 Sims Road is $178,741.
What are some comparable homes to 3271 Sims Road?
There are currently no comparable homes to 3271 Sims Road.
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