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Sevier 37876
373 Enchanted Forest Lane
$219,000
● House - Off Market

373 Enchanted Forest Lane

Sevierville, TN 37876
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,613 Ft²
$361,065
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Very attractive and well maintained home in a tranquil setting. Minutes from the Sevierville City limits, in a quiet wooded, well established neighborhood. Very close to shopping, library, hospital yet tucked away in a quiet wooded sub division. This home has an attached 2 car garage with a large full basement with additional garage door. Two bedrooms and full bath on main level as well as large laundry room. Third bedroom and bath upstairs with an unfinished bonus room, that could easily be completed for additional living area.
Unit Size
1,613 Ft²
Days on Market
-
Land Size
1.22 acres
Price per sqft
$139
Property Type
House
Property Taxes
$58
HOA Dues
-
Year Built
1991

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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: 4 months ago (Realtracs #RTC3292437)

Price History

Date / Event Date Event Price
Jun 30, 2017 Sold
Premium
Sold
Apr 4, 2017 Listed by Century 21 MVP $224,900
Listed by Century 21 MVP

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 1,008
  • Garage Type: 1
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 53,143
  • Total Building Area: 3,504
  • Gross Building Area: 3,504
  • Building Area: 2,016
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 2,016
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ENCHANTED FOREST
  • Land Acres: 0000001220
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: ENCHANTED FOREST PB 21 PG 79 LOT 5

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080601

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 050
  • District: 04
  • Parcel: 050-062.00
  • Lot: 5
  • Municipality: SEVIER COUNTY
  • Latitude: 35.8746
  • Longitude: -83.4975

    Address

  • Full Address: 373 Enchanted Forest Ln
  • Address - House Number: 373
  • Address - Street Name: Enchanted Forest
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R035
  • 4-Digit Zip Code: 1931
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 1,008
  • Tax Year: 2023
  • Tax Amount: $70,300
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.2783
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 60
  • Final Value: 518,283
  • High Value: 662,537
  • Low Value: 374,030

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $30,200
  • Market Improvement Value: $159,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $47,500
  • Assessed Land Value: $7,550
  • Assessed Improvements Value: $39,950

    Sales

  • Current Sale Contract Date: Jun 29, 2017
  • Current Sale Recording Date: Jul 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17020998
  • Previous Sale Recording Date: Mar 02, 1990
  • Previous Sale Amount: $11,000
  • 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:

$554,000

Sale Price/ft²

$333

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2190 ft²

Average Home Age

22.8 years

Currently For Sale

2489 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

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Realtracs

Listed by: Dan Hanlon, Century 21 MVP
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3292437
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 373 Enchanted Forest Way built and last sold?
The property at 373 Enchanted Forest Way was built in 1991 and last sold on Jun 29, 2017 for $219,000.
How much is this home worth?
The estimated value of the home located at 373 Enchanted Forest Way is $241,448.
What are some comparable homes to 373 Enchanted Forest Way?
There are currently no comparable homes to 373 Enchanted Forest Way.
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