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Sevier 37876
3342 Tekoa Mountain Way
Photo of 3342 Tekoa Mountain Way
Sold on Dec 27, 2021

1

Map

$395,000
● House - Off Market

3342 Tekoa Mountain Way

Sevierville, TN 37876
bedrooms
1 Bed
bathrooms
1 Bath
square feet
895 Ft²
$435,174
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
Unit Size
895 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$441
Property Type
House
Property Taxes
$41
HOA Dues
$33
Year Built
2001

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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: 2 months ago (Realtracs #RTC3270315)

Price History

Date / Event Date Event Price
Dec 27, 2021 Listed by 10 Realty LLC $395,000
Listed by 10 Realty LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 27,878
  • Lot Size Depth Feet: 2,334
  • Lot Size Frontage Feet: 1,851
  • Total Building Area: 896
  • Gross Building Area: 896
  • Building Area: 896
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 896
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TEKOA MTN
  • Land Acres: 0000000640
  • Standard Land Use Code: 1001
  • County Land Use Code: 51
  • State Land Use Code: C00
  • Legal Description 1: TEKOA MTN PB 28 PG 281 LOT 7 185.09 X 233.35 IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080701

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 097H
  • District: 13
  • Parcel: 097H-B-007.00
  • Lot: 7
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7857
  • Longitude: -83.4406

    Address

  • Full Address: 3342 Tekoa Mountain Way
  • Address - House Number: 3342
  • Address - Street Name: Tekoa Mountain
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R027
  • 4-Digit Zip Code: 9093
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 896
  • Tax Year: 2023
  • Tax Amount: $50,800
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.2681
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 61
  • Final Value: 395,240
  • High Value: 501,224
  • Low Value: 289,255

    Market Valuation

  • Market Total Value: $137,200
  • Market Land Value: $35,300
  • Market Improvement Value: $101,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $34,300
  • Assessed Land Value: $8,825
  • Assessed Improvements Value: $25,475

    Sales

  • Current Sale Contract Date: Dec 23, 2021
  • Current Sale Recording Date: Dec 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 50188
  • Previous Sale Recording Date: Oct 17, 2016
  • Previous Sale Contract Date: Sep 15, 2016
  • Previous Sale Amount: $109,000
  • Previous Sale Document Type: 68
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:

$573,000

Sale Price/ft²

$336

Below Asking

0.02%

Average Days on Market

99

Average Home Size

2169 ft²

Average Home Age

23.1 years

Currently For Sale

2313 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: Randy Bable, 10 Realty LLC
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3270315
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 3342 Tekoa Mountain Way built and last sold?
The property at 3342 Tekoa Mountain Way was built in 2001 and last sold on Dec 23, 2021 for $395,000.
How much is this home worth?
The estimated value of the home located at 3342 Tekoa Mountain Way is $397,220.
What are some comparable homes to 3342 Tekoa Mountain Way?
There are currently no comparable homes to 3342 Tekoa Mountain Way.
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