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Sevier 37876
345 Red Bud Lane
Photo of 345 Red Bud Lane
Sold on Aug 23, 2019

34

Map

Photo of 345 Red Bud Lane
Photo of 345 Red Bud Lane
$173,000
● House - Off Market

345 Red Bud Lane

Sevierville, TN 37876
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,280 Ft²
$249,263
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Beautiful house with great curb appeal! This house sits on 1.54 acres of land with gorgeous mountain views. The house includes an above ground swimming pool with a privacy fenced in yard. It is located 10 miles from Dollywood and Dolly Splash Country. It is about 11 miles from Douglas lake. Convenient to Sevierville via Newport Highway. Come see this beautiful house with the land and views that come with it.
Unit Size
1,280 Ft²
Days on Market
-
Land Size
1.54 acres
Price per sqft
$133
Property Type
House
Property Taxes
$47
HOA Dues
-
Year Built
2016

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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: 25 days ago (Realtracs #RTC2894391)

Price History

Date / Event Date Event Price
Feb 24, 2022 No longer available -
No longer available
Dec 31, 2021 In contract -
In contract
Dec 4, 2021 Listed by Coldwell Banker Wallace Lakeside $279,000
Listed by Coldwell Banker Wallace Lakeside
Enjoy this charming 3/2 Rancher with beautiful Mountain Views, sitting on 1.54 acres. This home has a one car garage and a large fenced in side yard. The combined kitchen and dining area make a large gathering space. Next to the kitchen is a separate laundry room. All appliances including washer/dryer to convey. A large living room, 3 bedrooms and 2 baths round out this cozy home. Seller had the crawl space encapsulated and had a dehumidifier installed. Enjoy the quiet mountain view, just 15-20 minutes from Sevierville & Pigeon Forge. The manager has listed the unit size as 1280 square feet.
Aug 23, 2019 Sold
Premium
Sold
Jul 16, 2019 Listed by Keller Williams $170,000
Listed by Keller Williams
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 5
  • Construction Type: 0
  • Building Style: 58
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 67,082
  • Total Building Area: 1,520
  • Gross Building Area: 1,520
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DARRELL KEENE RESUB
  • Land Acres: 0000001540
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: DARRELL KEENE RESUB PB 41 PG 280 LOT 2R

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080603

Zoning

  • Zoning: A1

Geography

  • Assessors Map Reference: 040
  • District: 04
  • Parcel: 040-039.07
  • Lot: 2R
  • Municipality: SEVIER COUNTY
  • Latitude: 35.8939
  • Longitude: -83.4665

    Address

  • Full Address: 345 Red Bud Ln
  • Address - House Number: 345
  • Address - Street Name: Red Bud
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R008
  • 4-Digit Zip Code: 2021
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 1,280
  • Tax Year: 2022
  • Tax Amount: $65,300
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 141,179
  • High Value: 205,999
  • Low Value: 76,358

    Market Valuation

  • Market Total Value: $176,400
  • Market Land Value: $32,100
  • Market Improvement Value: $144,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $44,100
  • Assessed Land Value: $8,025
  • Assessed Improvements Value: $36,075

    Sales

  • Current Sale Contract Date: Feb 10, 2022
  • Current Sale Recording Date: Feb 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7385
  • Previous Sale Recording Date: Aug 27, 2019
  • Previous Sale Contract Date: Aug 23, 2019
  • Previous Sale Amount: $173,000
  • 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:

$559,900

Sale Price/ft²

$334

Below Asking

0.02%

Average Days on Market

99

Average Home Size

2183 ft²

Average Home Age

23.1 years

Currently For Sale

2376 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

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Realtracs

Listed by: Gina Grah, Keller Williams
Last Updated: 25 days ago
Data Source: Realtracs, MLS# RTC2894391
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 Red Bud Lane built and last sold?
The property at 345 Red Bud Lane was built in 2016 and last sold on Feb 10, 2022 for $279,000.
How much is this home worth?
The estimated value of the home located at 345 Red Bud Lane is $282,338.
What are some comparable homes to 345 Red Bud Lane?
There are currently no comparable homes to 345 Red Bud Lane.
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