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Sevier 37876
3946 Forest Trails Drive
Photo of 3946 Forest Trails Drive
Sold on Mar 12, 2019

35

Map

Photo of 3946 Forest Trails Drive
Photo of 3946 Forest Trails Drive
$175,000
● House - Off Market

3946 Forest Trails Drive

Sevierville, TN 37876
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,080 Ft²
$279,721
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

REDUCED $7,000- WOW WHAT A PRICE FOR A TERRIFIC HOUSE! Tranquil and quiet best describes this lovey double wide on 3.75 acres. It's only months old, in prime condition. Two wood burning fireplaces, one in family room and other in living room. Open concept plan, beautiful beams in the living room. French door off living room/dining area to one of two decks in the rear of the house. Master bedroom has walk in closet and over-sized bath with two sink vanity, tub, separate shower. Enjoy the front screen porch, sprawling 12 x 24 in size. The ceilings are all nine foot giving you the spacious feel throughout the home. This home is move in ready, lot is leveled and grass is planted. Just feels like HOME when you walk through the door!!
Unit Size
2,080 Ft²
Days on Market
-
Land Size
3.75 acres
Price per sqft
$90
Property Type
House
Property Taxes
$12
HOA Dues
-
Year Built
2017

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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: 2 months ago (Realtracs #RTC3257263)

Price History

Date / Event Date Event Price
Mar 12, 2019 Sold
Premium
Sold
Apr 2, 2018 Listed by Colonial Real Estate, Inc $187,000
Listed by Colonial Real Estate, Inc

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 1,680
  • Parking Space Count: 6
  • Patio Type: 79
  • Porch Type: 89
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 163,350
  • Total Building Area: 1,920
  • Gross Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST TRAILS RESUB TRACT C
  • Land Acres: 0000003750
  • Standard Land Use Code: 1006
  • County Land Use Code: MH5
  • Mobile Home Indicator: T
  • Legal Description 1: FOREST TRAILS RESUB TRACT C PB LM11 PG 103 LOT 1

Neighborhood

  • School District Name: Sevier County School District

Zoning

  • Zoning: A1

Geography

  • Assessors Map Reference: 087
  • District: 01
  • Subdivision Tract Number: C
  • Parcel: 087-035.29
  • Lot: 1
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7995
  • Longitude: -83.3563

    Address

  • Full Address: 3946 Forest Trails Dr
  • Address - House Number: 3946
  • Address - Street Name: Forest Trails
  • Address - Suffix Type: Dr
  • State: TN

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $65,000
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 441,346
  • High Value: 643,983
  • Low Value: 238,708

    Market Valuation

  • Market Total Value: $175,800
  • Market Land Value: $29,600
  • Market Improvement Value: $146,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $43,950
  • Assessed Land Value: $7,400
  • Assessed Improvements Value: $36,550

    Sales

  • Current Sale Contract Date: Mar 12, 2019
  • Current Sale Recording Date: Mar 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19007786
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:

$557,000

Sale Price/ft²

$333

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2189 ft²

Average Home Age

22.8 years

Currently For Sale

2485 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: Cynthia Feiler, Colonial Real Estate, Inc
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3257263
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 3946 Forest Trail Drive built and last sold?
The property at 3946 Forest Trail Drive was built in 2017 and last sold on Mar 12, 2019 for $175,000.
How much is this home worth?
The estimated value of the home located at 3946 Forest Trail Drive is $212,234.
What are some comparable homes to 3946 Forest Trail Drive?
There are currently no comparable homes to 3946 Forest Trail Drive.
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