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Jefferson 37876
345 Perry Branch Way
Photo of 345 Perry Branch Way
Sold on May 2, 2022

28

Map

Photo of 345 Perry Branch Way
Photo of 345 Perry Branch Way
$400,000
● House - Off Market

345 Perry Branch Way

Sevierville, TN 37876
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,007 Ft²
$403,114
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
Unit Size
1,007 Ft²
Days on Market
-
Land Size
1.62 acres
Price per sqft
$397
Property Type
House
Property Taxes
$47
HOA Dues
-
Year Built
1987

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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 #RTC3270309)

Price History

Date / Event Date Event Price
May 2, 2022 Listed by 10 Realty LLC $400,000
Listed by 10 Realty LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1997
  • 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: 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: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 70,567
  • Lot Size Depth Feet: 1,560
  • Lot Size Frontage Feet: 8,060
  • Total Building Area: 864
  • Gross Building Area: 1,152
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 864
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDAR RIDGE
  • Land Acres: 0000001620
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: CEDAR RIDGE PB: N/R PG: NOTE LOT: 7 806.02X155.94 PLAT ON FILE

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 070900

Zoning

  • Zoning: A-1

Geography

  • Assessors Map Reference: 094J
  • District: 08
  • Subdivision Tract Number: 7
  • Parcel: 094J-A-007.00
  • Lot: 7
  • Municipality: JEFFERSON CNTY-UNINCORPORATED
  • Latitude: 35.9327
  • Longitude: -83.4743

    Address

  • Full Address: 345 Perry Branch Way
  • Address - House Number: 345
  • Address - Street Name: Perry Branch
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R017
  • 4-Digit Zip Code: 5003
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 864
  • Tax Year: 2022
  • Tax Amount: $56,500
  • Tax Rate Code Area: 45A00

    Appraisal Valuation

  • Standard Deviation: 0.1491
  • Valuation Date: May 24, 2023
  • Confidence Score: 70
  • Final Value: 196,762
  • High Value: 226,099
  • Low Value: 167,424

    Market Valuation

  • Market Total Value: $103,200
  • Market Land Value: $29,500
  • Market Improvement Value: $73,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,800
  • Assessed Land Value: $7,375
  • Assessed Improvements Value: $18,425

    Sales

  • Current Sale Contract Date: Apr 14, 2022
  • Current Sale Recording Date: Apr 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3581
  • Previous Sale Recording Date: Jun 25, 1987
  • Previous Sale Document Type: 27
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 Jefferson

Stats & Trends

Median Asking:

$429,900

Sale Price/ft²

$228

Below Asking

0.02%

Average Days on Market

91

Average Home Size

2393 ft²

Average Home Age

30.7 years

Currently For Sale

255 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

Currently no nearby rentals
Realtracs

Listed by: Randy Bable, 10 Realty LLC
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3270309
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 345 Perry Branch Way built and last sold?
The property at 345 Perry Branch Way was built in 1987 and last sold on Apr 14, 2022 for $400,000.
How much is this home worth?
The estimated value of the home located at 345 Perry Branch Way is $400,272.
What are some comparable homes to 345 Perry Branch Way?
There are currently no comparable homes to 345 Perry Branch Way.
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