by Lee Lin
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Sevier 37862
3530 Walker Lane
Photo of 3530 Walker Lane
Sold on Mar 5, 2021

28

Map

Photo of 3530 Walker Lane
Photo of 3530 Walker Lane
$275,000
● House - Off Market

3530 Walker Lane

Sevierville, TN 37862
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,104 Ft²
$346,930
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

2 bedroom 2 bath cabin right in the middle of Wears Valley. Convenient to everything and just minutes to The Great Smoky Mountains.  Large bedrooms each with their own full bath. Full unfinished basement tremendous for storage space or workshop. Front and back deck and you have seasonal views. Wood burning fireplace. Hot tub on back deck. Perfect for overnight rental or permanent residence. It is currently being used as a permanent residence. New Heat pump in March of 2018 and roof put on in September 2015.
Unit Size
1,104 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$253
Property Type
House
Property Taxes
$44
HOA Dues
-
Year Built
1997

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 4 months ago (Realtracs #RTC3277816)

Price History

Date / Event Date Event Price
Mar 5, 2021 Sold
Premium
Sold
Feb 2, 2021 Listed by Mountain Realty Group $279,000
Listed by Mountain Realty Group
Jul 31, 2017 Listed $159,900
Listed
CLEAN AND WELL KEPT CEDAR SIDED HOME IN THE HEART OF WEARS VALLEY HAS ALWAYS BEEN A PRIVATE 2ND HOME BUT COULD BE A GREAT PERMANENT HOME, INVESTMENT / OVERNIGHT RENTAL AS WELL. FULLY FURNISHED HOME FEATURES A BIG LIVING ROOM WITH A WOOD BURNING FIRE PLACE, CATHEDRAL CEILINGS, AND A T&G ACCENT WALL, FULLY FURNISHED KITCHEN WITH AN EAT IN AREA, BOTH BEDROOMS ARE MASTER SUITES, WASHER AND DRYER INCLUDED, OPEN DECK, COVERED BACK PORCH WITH HOT TUB, STORAGE AREA IN CRAWL SPACE, 2 PARKING AREAS, WOODED SETTING. PRICED TO SELL AT $159,900 ! MUST SEE TO APPRECIATE WHAT IS BEING OFFERED!!!The manager has listed the unit size as 1104 square feet.

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 6
  • 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: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,418
  • Lot Size Frontage Feet: 1,319
  • Total Building Area: 1,104
  • Gross Building Area: 1,104
  • Building Area: 1,104
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,104
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALKER
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 03
  • State Land Use Code: C00
  • Legal Description 1: WALKER PB 0007 PG 0068 LOT 0019 131.9 X 141.79 IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080903

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 124B
  • District: 06
  • Parcel: 124B-A-015.00
  • Lot: 19
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7274
  • Longitude: -83.6224

    Address

  • Full Address: 3530 Walker Ln
  • Address - House Number: 3530
  • Address - Street Name: Walker
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R019
  • 4-Digit Zip Code: 8460
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 1,104
  • Tax Year: 2023
  • Tax Amount: $86,200
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 183,806
  • High Value: 268,197
  • Low Value: 99,414

    Market Valuation

  • Market Total Value: $232,900
  • Market Land Value: $24,000
  • Market Improvement Value: $208,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $58,225
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $52,225

    Sales

  • Current Sale Contract Date: Mar 05, 2021
  • Current Sale Recording Date: Mar 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21007951
  • Previous Sale Recording Date: Oct 05, 2017
  • Previous Sale Contract Date: Sep 29, 2017
  • Previous Sale Amount: $154,000
  • 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:

$576,500

Sale Price/ft²

$338

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1891 ft²

Average Home Age

22.7 years

Currently For Sale

2373 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: Jonathan Booth, Mountain Realty Group
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3277816
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 3530 Walker Lane built and last sold?
The property at 3530 Walker Lane was built in 1997 and last sold on Mar 5, 2021 for $275,000.
How much is this home worth?
The estimated value of the home located at 3530 Walker Lane is $287,283.
What are some comparable homes to 3530 Walker Lane?
There are currently no comparable homes to 3530 Walker Lane.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Sevier Homes for Sale
Sevier Houses for Sale
Sevier Condos for Sale
Sevier Townhouses for Sale
Sevier Multifamily for Sale
Sevier Land for Sale
Sevier Commercial for Sale
Sevier Homes with Basements
Nearby Cities
Knoxville Homes for Sale
Oak Ridge Homes for Sale
Maryville Homes for Sale
Gatlinburg Homes for Sale
Morristown Homes for Sale
Tellico Village Homes for Sale
Greeneville Homes for Sale
Pigeon Forge Homes for Sale
Nearby Property Records
Sevier County, TN Property Records
Jefferson County, TN Property Records
Blount County, TN Property Records
Knox County, TN Property Records
Swain County, NC Property Records
Cocke County, TN Property Records
Hamblen County, TN Property Records
Haywood County, NC Property Records
Neighborhoods
South Knoxville Real Estate
Park City Real Estate
Oakwood Real Estate
Parkridge Real Estate
Belle Morris Real Estate
Mechanicsville Real Estate
Beaumont Real Estate
Old North Knoxville Real Estate
Nearby Counties
Knox Homes for Sale
Blount Homes for Sale
Macon Homes for Sale
Jackson Homes for Sale
Greene Homes for Sale
Jefferson Homes for Sale
Loudon Homes for Sale
Haywood Homes for Sale
Top Real Estate Agents
Top Agents in Sevier
Top Agents in Knox
Top Agents in Knoxville
Top Agents in Blount
Top Agents in Macon
Top Agents in Jackson
Top Agents in Greene
Top Agents in 37876