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Sevierville 37862
331 BLALOCK Drive
Photo of 331 BLALOCK Drive
Sold on Feb 5, 2024

20

Map

Photo of 331 BLALOCK Drive
Photo of 331 BLALOCK Drive
$315,000
● House - Off Market

331 BLALOCK Drive

Sevierville, TN 37862
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,012 Ft²
$1,675
Est. Monthly

About This Property

BRICK RANCHER WITH LEVEL YARD IN GREAT LOCATION, HOUSE HAS DEN, OFFICE, BIG OVERSIZE GARAGE, GOOD CABINETS, BUT NEEDS UPDATING INSIDE. SELLERS HAVE NOTED THIS IN THEIR LISTING PRICE & ARE SELLING AS IS. BUT IT SEEMS TO BE VERY SOLD & WOULD BE EXCELLENT HOME FOR FAMILY OR IF YOU LIKE HAVING RENTAL PROPERTY, IT'D RENT VERY QUICK & BRING IN NICE RETURN I THINK. DON'T MISS OUT ON THIS BUY..HARDLY EVER FIND A HOUSE IN THIS PRICE RANGE, OLDER QUIET NEIGHBORHOOD WELL ESTABLISHED TOO! CITY SERVICES.  FRONT PORCH IS COVERED..LOVELY YARD TOO!!
Unit Size
2,012 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$162
Property Type
House
Property Taxes
$79
HOA Dues
-
Year Built
1967

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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 #RTC3265974)

Price History

Date / Event Date Event Price
Feb 5, 2024 Sold
Premium
Sold
Jan 18, 2024 Listed by Karen Whitlock Realty $325,000
Listed by Karen Whitlock Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 2
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 550
  • Parking Space Count: 2
  • Patio Type: 34
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 1,280
  • Total Building Area: 2,562
  • Gross Building Area: 2,562
  • Building Area: 2,012
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 2,012
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALENTINE HILLS
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: VALENTINE HILLS PB 0005 PG 0046 LOT 0015 140 X 155 X IRR

Neighborhood

  • School District Name: Sevier County School District
  • School Tax School District: 78653
  • Census Tract: 080500

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 061O
  • District: 05
  • Parcel: 061O-A-011.00
  • Lot: 15
  • Municipality: SEVIERVILLE
  • Latitude: 35.8428
  • Longitude: -83.576

    Address

  • Full Address: 331 Blalock Dr
  • Address - House Number: 331
  • Address - Street Name: Blalock
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R024
  • 4-Digit Zip Code: 2894
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 2,012
  • Tax Year: 2023
  • Tax Amount: $153,800
  • Tax Rate Code Area: 78A04

    Appraisal Valuation

  • Standard Deviation: 0.0934
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 91
  • Final Value: 318,921
  • High Value: 348,738
  • Low Value: 289,105

    Market Valuation

  • Market Total Value: $207,900
  • Market Land Value: $33,000
  • Market Improvement Value: $174,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $51,975
  • Assessed Land Value: $8,250
  • Assessed Improvements Value: $43,725

    Sales

  • Current Sale Contract Date: Feb 02, 2024
  • Current Sale Recording Date: Feb 07, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3342
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 Sevierville

Stats & Trends

Median Asking:

$409,900

Sale Price/ft²

$265

Below Asking

0.01%

Average Days on Market

97

Average Home Size

1888 ft²

Average Home Age

28.5 years

Currently For Sale

196 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

Click here to view more rentals in the neighborhood.
Realtracs

Listed by: Karen Whitlock, Karen Whitlock Realty
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3265974
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 331 Blalock Drive built and last sold?
The property at 331 Blalock Drive was built in 1967 and last sold on Feb 2, 2024 for $315,000.
How much is this home worth?
The estimated value of the home located at 331 Blalock Drive is $458,581.
What are some comparable homes to 331 Blalock Drive?
There are currently no comparable homes to 331 Blalock Drive.
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