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Sevier 37876
3310 Grace Way
Photo of 3310 Grace Way
Sold on Jun 10, 2022

22

Map

Photo of 3310 Grace Way
Photo of 3310 Grace Way
$1,802,600
● House - Off Market

3310 Grace Way

Sevierville, TN 37876
bedrooms
10 Beds
bathrooms
10 Baths, 1 Half Bath
square feet
5,792 Ft²
$1,846,155
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

UNDER CONSTRUCTION 10 Bed 10 Bath Private Indoor Swimming Pool! Great mountain views and in one of the best locations in the Great Smoky Mountains! Located just 15 minutes from Gatlinburg, Pigeon Forge, and Sevierville this location gets you into all the most popular areas while avoiding most of the traffic. Great architectural style and feel these cabins feature pleasing roof overhangs, unique exterior finishes, grand cathedral ceilings on the main floor, 8 spacious master suites, large common areas, and massive media/rec room for all types of fun and games. Back deck features great views of rolling hills and far off mountains. Expected to be complete around March 2022.
Unit Size
5,792 Ft²
Days on Market
-
Land Size
-
Price per sqft
$315
Property Type
House
Property Taxes
-
HOA Dues
$75
Year Built
2022

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 3 months ago (Realtracs #RTC3289651)

Price History

Date / Event Date Event Price
Jun 10, 2022 Sold
Premium
Sold
Oct 5, 2021 Listed by Century 21 MVP $1,825,000
Listed by Century 21 MVP

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Bathroom Plumbing Fixtures: 24
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • 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: 5,040
  • Gross Building Area: 5,040
  • Building Area: 5,040
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 5,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: FOR BY GRACE RESORT
  • Land Acres: 0000001000
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: FOR BY GRACE RESORT PB 44 PG 108 LOT 71R2

Neighborhood

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

Geography

  • Assessors Map Reference: 086
  • District: 13
  • Parcel: 086-028.00-003
  • Lot: 71R2
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7948
  • Longitude: -83.4485

    Address

  • Full Address: 3310 Grace Way
  • Address - House Number: 3310
  • Address - Street Name: Grace
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 2,520
  • Tax Year: 2023
  • Tax Amount: $725,100
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 78A00

    Market Valuation

  • Market Total Value: $1,224,900
  • Market Land Value: $36,000
  • Market Improvement Value: $1,188,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $489,960
  • Assessed Land Value: $14,400
  • Assessed Improvements Value: $475,560
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.

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Currently no similar homes around

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Realtracs

Listed by: Deborah Korlin, Century 21 MVP
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3289651
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 3310 Grace Way built and last sold?
The property at 3310 Grace Way was built in 2022 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3310 Grace Way is $1,843,250.
What are some comparable homes to 3310 Grace Way?
There are currently no comparable homes to 3310 Grace Way.
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