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Sevier 37862
3513 Trapper John Way
Photo of 3513 Trapper John Way
Sold on Nov 13, 2020

22

Map

Photo of 3513 Trapper John Way
Photo of 3513 Trapper John Way
$227,000
● House - Off Market

3513 Trapper John Way

Sevierville, TN 37862
bedrooms
1 Bed
bathrooms
1 Bath, 1 Half Bath
square feet
593 Ft²
$298,237
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Charming log cabin with nice mountain views located in beautiful Wear Valley and close to all area attractions. This small cabin is a perfect honeymoon or weekend getaway for a small family or a couple. This is currently not a rental but would make a fantastic income producer. Open floor plan with upstairs master loft and half bath.  Main level with full bathroom, kitchen, living room with gas fireplace and a great deck with mountain view. Come see this cute cabin and add it to your portfolio before its gone.
Unit Size
593 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$379
Property Type
House
Property Taxes
$37
HOA Dues
-
Year Built
1994

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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: 3 months ago (Realtracs #RTC3283513)

Price History

Date / Event Date Event Price
Nov 13, 2020 Sold
Premium
Sold
Oct 2, 2020 Listed by TN Smoky Mtn Realty $225,000
Listed by TN Smoky Mtn Realty

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 125
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 912
  • Gross Building Area: 1,104
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 912
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING GAP
  • Land Acres: 0000001100
  • Standard Land Use Code: 1001
  • County Land Use Code: 03
  • State Land Use Code: C00
  • Legal Description 1: SPRING GAP PB LM 1 PG 185 LOT 013 RAVENS NEST CABIN

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 081002

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 124O
  • District: 06
  • Parcel: 124O-B-013.00
  • Lot: 13
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7115
  • Longitude: -83.6233

    Address

  • Full Address: 3513 Trapper John Way
  • Address - House Number: 3513
  • Address - Street Name: Trapper John
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 456
  • Tax Year: 2023
  • Tax Amount: $66,100
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 86,098
  • High Value: 125,628
  • Low Value: 46,567

    Market Valuation

  • Market Total Value: $178,700
  • Market Land Value: $43,800
  • Market Improvement Value: $134,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $44,675
  • Assessed Land Value: $10,950
  • Assessed Improvements Value: $33,725

    Sales

  • Current Sale Contract Date: Nov 12, 2020
  • Current Sale Recording Date: Nov 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20041405
  • Previous Sale Recording Date: Aug 10, 2015
  • Previous Sale Contract Date: Aug 06, 2015
  • Previous Sale Amount: $66,500
  • 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:

$578,950

Sale Price/ft²

$338

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1889 ft²

Average Home Age

22.7 years

Currently For Sale

2363 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: Jared Cowart, TN Smoky Mtn Realty
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3283513
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 3513 Trapper John Way built and last sold?
The property at 3513 Trapper John Way was built in 1994 and last sold on Nov 12, 2020 for $227,000.
How much is this home worth?
The estimated value of the home located at 3513 Trapper John Way is $227,540.
What are some comparable homes to 3513 Trapper John Way?
There are currently no comparable homes to 3513 Trapper John Way.
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