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Sevier 37862
3966 Millers Ridge Way
Photo of 3966 Millers Ridge Way
Sold on May 31, 2013

1

Map

$120,000
● House - Off Market

3966 Millers Ridge Way

Sevierville, TN 37862
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,040 Ft²
$250,037
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

Beautiful secluded home located in Wears Valley in the Hickory Hollow subdivision, home is located directly across form the pool and pond. Nice wooded front yard private covered front porch. Home is being sold partially furnished.
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$121
Property Type
House
Property Taxes
$37
HOA Dues
-
Year Built
1995

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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 #RTC3294485)

Price History

Date / Event Date Event Price
May 31, 2013 Sold
Premium
Sold
Sep 26, 2011 Listed by Century 21 MVP $125,900
Listed by Century 21 MVP

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • 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: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,491
  • Lot Size Frontage Feet: 1,510
  • Total Building Area: 1,040
  • Gross Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: HICKORY HOLLOW
  • Land Acres: 0000001000
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: HICKORY HOLLOW PB 28 PG 53 LOT TR28 151 X 149.14 IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080901

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 123G
  • District: 06
  • Subdivision Tract Number: 28
  • Parcel: 123G-A-001.01
  • Lot: TR28
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7242
  • Longitude: -83.6762

    Address

  • Full Address: 3966 Millers Ridge Way
  • Address - House Number: 3966
  • Address - Street Name: Millers Ridge
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R007
  • 4-Digit Zip Code: 8166
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 1,040
  • Tax Year: 2023
  • Tax Amount: $71,200
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 419,610
  • High Value: 612,267
  • Low Value: 226,952

    Market Valuation

  • Market Total Value: $120,300
  • Market Land Value: $40,000
  • Market Improvement Value: $80,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $48,120
  • Assessed Land Value: $16,000
  • Assessed Improvements Value: $32,120

    Sales

  • Current Sale Contract Date: May 24, 2013
  • Current Sale Recording Date: Jun 04, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13022350
  • Previous Sale Recording Date: Mar 13, 2007
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: 27
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:

$555,000

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: Michelle Arwood, Century 21 MVP
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3294485
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 3966 Millers Ridge Way built and last sold?
The property at 3966 Millers Ridge Way was built in 1995 and last sold on May 24, 2013 for $120,000.
How much is this home worth?
The estimated value of the home located at 3966 Millers Ridge Way is $139,239.
What are some comparable homes to 3966 Millers Ridge Way?
There are currently no comparable homes to 3966 Millers Ridge Way.
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