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Sevier 37862
3728 Ginseng Way
$190,000
● House - Off Market

3728 Ginseng Way

Sevierville, TN 37862
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,232 Ft²
$291,565
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Beautiful Cabin located in Wears Valley. Excellent condition! Private wooded setting. No steep or curvy roads. Large covered front porch with swing perfect for relaxing in the evenings. Back deck overlooks large wood fenced in back yard great for kids and pets. New metal roof. Circular drive with lots of parking and gorgeous landscaping. Beautiful hardwood flooring in the living room area and cathedral ceiling. Kitchen/Dining area with Island opens up to a large living area. Stone fireplace. Bedrooms are spacious with private full baths and walk-in closets. Nice laundry room off kitchen. This home is in perfect condition. A must see. Great subdivisionWonderland Woods.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$154
Property Type
House
Property Taxes
$57
HOA Dues
-
Year Built
1995

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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: 2 months ago (Realtracs #RTC3292077)

Price History

Date / Event Date Event Price
Apr 27, 2018 Sold
Premium
Sold
Apr 5, 2018 Listed by Century 21 MVP $190,000
Listed by Century 21 MVP

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 2000
  • 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: 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: 29,621
  • Lot Size Depth Feet: 2,076
  • Lot Size Frontage Feet: 1,350
  • Total Building Area: 1,232
  • Gross Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WONDERLAND WOODS SEC 3
  • Land Acres: 0000000680
  • Standard Land Use Code: 1001
  • County Land Use Code: 03
  • State Land Use Code: C00
  • Legal Description 1: WONDERLAND WOODS SEC 3 PB 28 PG 7 LOT 88 PHASE 2 135 X 207.64 IRR

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 134C
  • District: 06
  • Parcel: 134C-A-061.00
  • Lot: 88
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7021
  • Longitude: -83.6661

    Address

  • Full Address: 3728 Ginseng Way
  • Address - House Number: 3728
  • Address - Street Name: Ginseng
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R007
  • 4-Digit Zip Code: 8296
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 1,232
  • Tax Year: 2023
  • Tax Amount: $98,100
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 218,407
  • High Value: 318,685
  • Low Value: 118,128

    Market Valuation

  • Market Total Value: $265,100
  • Market Land Value: $35,000
  • Market Improvement Value: $230,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $66,275
  • Assessed Land Value: $8,750
  • Assessed Improvements Value: $57,525

    Sales

  • Current Sale Contract Date: Apr 27, 2018
  • Current Sale Recording Date: Apr 27, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 18015723
  • Previous Sale Recording Date: Oct 24, 2016
  • Previous Sale Contract Date: Oct 21, 2016
  • Previous Sale Amount: $180,000
  • 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:

$575,000

Sale Price/ft²

$337

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1909 ft²

Average Home Age

22.7 years

Currently For Sale

2450 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: Gail Thompson, Century 21 MVP
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3292077
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 3728 Ginseng Way built and last sold?
The property at 3728 Ginseng Way was built in 1995 and last sold on Apr 27, 2018 for $190,000.
How much is this home worth?
The estimated value of the home located at 3728 Ginseng Way is $204,268.
What are some comparable homes to 3728 Ginseng Way?
There are currently no comparable homes to 3728 Ginseng Way.
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