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Sevier 37862
3449 Mountain Tyme Way
$25,000
● Land - Off Market

3449 Mountain Tyme Way

Sevierville, TN 37862
bedrooms
Studio
bathrooms
0 Bath
$60,556
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Lovely lot in gated community of Wears Valley. Views of Great Smoky Mountains as well as of valley. Driveway and retaining wall, well, and septic are all in place (Sevier County Health Dept unable to locate permit but there was a 4/4 cabin on the property before wildfires).
Unit Size
-
Days on Market
-
Land Size
0.64 acres
Price per sqft
-
Property Type
Land
Property Taxes
$110
HOA Dues
-
Year Built
2005

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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 #RTC3524998)

Price History

Date / Event Date Event Price
Nov 29, 2018 Sold
Premium
Sold
Dec 15, 2017 Listed by East Tennessee Realty Group, LLC $39,900
Listed by East Tennessee Realty Group, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 3
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 27,878
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,857
  • Total Building Area: 2,880
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,880
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: HIDEAWAY MTN
  • Land Acres: 0000000640
  • Standard Land Use Code: 8001
  • County Land Use Code: 00-V
  • State Land Use Code: C00
  • Legal Description 1: HIDEAWAY MTN PB 32 PG 217 LOT 9-A 185.68 X 149.99 IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080904

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 114C
  • District: 06
  • Parcel: 114C-B-009.01
  • Lot: 9A
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7502
  • Longitude: -83.6158

    Address

  • Full Address: 3449 Mountain Tyme Way
  • Address - House Number: 3449
  • Address - Street Name: Mountain Tyme
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R029
  • 4-Digit Zip Code: 8095
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 960
  • Tax Year: 2023
  • Tax Amount: $17,800
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 78A00

    Market Valuation

  • Market Total Value: $48,000
  • Market Land Value: $48,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $12,000
  • Assessed Land Value: $12,000

    Sales

  • Current Sale Contract Date: Sep 29, 2023
  • Current Sale Recording Date: Sep 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 29720
  • Previous Sale Recording Date: Feb 17, 2022
  • Previous Sale Contract Date: Feb 16, 2022
  • Previous Sale Amount: $160,000
  • 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:

$575,000

Sale Price/ft²

$338

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1890 ft²

Average Home Age

22.7 years

Currently For Sale

2386 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: Frances Troxler, East Tennessee Realty Group, LLC
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3524998
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 3449 Mountain Tyme Way built and last sold?
The property at 3449 Mountain Tyme Way was built in 2005 and last sold on Sep 29, 2023 for $160,000.
How much is this home worth?
The estimated value of the home located at 3449 Mountain Tyme Way is $40,299.
What are some comparable homes to 3449 Mountain Tyme Way?
There are currently no comparable homes to 3449 Mountain Tyme Way.
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