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Sevier 37876
369 Red Bud Lane
Photo of 369 Red Bud Lane
Sold on Jun 18, 2021

20

Map

Photo of 369 Red Bud Lane
Photo of 369 Red Bud Lane
$260
● House - Off Market

369 Red Bud Lane

Sevierville, TN 37876
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,280 Ft²
$298,244
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Views Views Views- on 2.5 private acres Beautiful one level ranch home. Sellers have done everything, beautiful landscaping, nice front porch, and a deck off master bedroom. This home is immaculate!!! This home features luxury vinyl flooring throughout. All appliances like new and they stay with the home. Nice size storage building to that stays with home. You will love this home. Come take a look at this jewel !!!
Unit Size
1,280 Ft²
Days on Market
-
Land Size
2.40 acres
Price per sqft
$199
Property Type
House
Property Taxes
$48
HOA Dues
-
Year Built
2016

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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: 14 days ago (Realtracs #RTC3553867)

Price History

Date / Event Date Event Price
Jun 18, 2021 Sold
Premium
Sold
May 21, 2021 Listed by Action Real Estate, Inc. $254,900
Listed by Action Real Estate, Inc.

Property Highlights

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: 7
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 104,544
  • Total Building Area: 1,280
  • Gross Building Area: 1,280
  • 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
  • Land Acres: 0000002400
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: DARRELL KEENE PB 41 PG 270 LOT 3

Neighborhood

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

Geography

  • Assessors Map Reference: 040
  • District: 04
  • Parcel: 040-039.08
  • Lot: 3
  • Municipality: SEVIER COUNTY
  • Latitude: 35.8958
  • Longitude: -83.4657

    Address

  • Full Address: 369 Red Bud Ln
  • Address - House Number: 369
  • 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: 2021
  • Tax Amount: $54,300
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.2681
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 61
  • Final Value: 369,643
  • High Value: 468,764
  • Low Value: 270,522

    Market Valuation

  • Market Total Value: $146,700
  • Market Land Value: $41,300
  • Market Improvement Value: $105,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $36,675
  • Assessed Land Value: $10,325
  • Assessed Improvements Value: $26,350

    Sales

  • Current Sale Contract Date: Jun 17, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21021750
  • Previous Sale Recording Date: Nov 28, 2016
  • Previous Sale Contract Date: Nov 22, 2016
  • Previous Sale Amount: $107,400
  • 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

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Realtracs

Listed by: Gina Kennedy, Action Real Estate, Inc.
Last Updated: 14 days ago
Data Source: Realtracs, MLS# RTC3553867
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 369 Red Bud Lane built and last sold?
The property at 369 Red Bud Lane was built in 2016 and last sold on Jun 17, 2021 for $260,000.
How much is this home worth?
The estimated value of the home located at 369 Red Bud Lane is $265,352.
What are some comparable homes to 369 Red Bud Lane?
There are currently no comparable homes to 369 Red Bud Lane.
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