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Sevierville 37862
405 Sycamore Lane
Photo of 405 Sycamore Lane
Sold on Aug 5, 2021

30

Map

Photo of 405 Sycamore Lane
Photo of 405 Sycamore Lane
$259,000
● House - Off Market

405 Sycamore Lane

Sevierville, TN 37862
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,526 Ft²
$303,277
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

BACK ON THE MARKET! Location, Location, Location!! This newly renovated home is located just on the edge of Sevierville near backroads that can have you in Gatlinburg or Pigeon Forge in minutes.  All 1 level, on a 2 bedroom septic but has a large additional room that could easily be another bedroom, office or craft area and a 2nd bonus room that could be a formal dinning room or den. New LVP flooring, new paint, new counter tops, New bathroom fixtures, new doors and trim, new water heater. All appliances included (including the Washer and Dryer). Great back yard with a 12x20 storage building that has electricity and an external water faucet, this would make a great workshop or gardening shed.
Unit Size
1,526 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$174
Property Type
House
Property Taxes
$55
HOA Dues
-
Year Built
1987

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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 #RTC3268134)

Price History

Date / Event Date Event Price
Aug 5, 2021 Sold
Premium
Sold
Jun 13, 2021 Listed by Mountain Home Realty $265,000
Listed by Mountain Home Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1992
  • 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: 2
  • 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: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 940
  • Total Building Area: 1,769
  • Gross Building Area: 1,769
  • Building Area: 1,328
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 1,328
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLANDS S/D
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: HIGHLANDS S/D PB 4 PG 6 LOT PT59 94.13X150 IRR

Neighborhood

  • School District Name: Sevier County School District
  • School Tax School District: 78653
  • Census Tract: 080804

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 050M
  • District: 04
  • Parcel: 050M-A-049.00
  • Lot: 59
  • Municipality: SEVIERVILLE
  • Latitude: 35.8638
  • Longitude: -83.5052

    Address

  • Full Address: 405 Sycamore Ln
  • Address - House Number: 405
  • Address - Street Name: Sycamore
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R022
  • 4-Digit Zip Code: 5119
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 1,328
  • Tax Year: 2023
  • Tax Amount: $31,200
  • Tax Rate Code Area: 78A04

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 429,989
  • High Value: 627,412
  • Low Value: 232,565

    Market Valuation

  • Market Total Value: $146,800
  • Market Land Value: $25,000
  • Market Improvement Value: $121,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $36,700
  • Assessed Land Value: $6,250
  • Assessed Improvements Value: $30,450

    Sales

  • Current Sale Contract Date: Aug 05, 2021
  • Current Sale Recording Date: Aug 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21029190
  • Previous Sale Recording Date: Feb 01, 2006
  • Previous Sale Amount: $117,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Sevierville

Stats & Trends

Median Asking:

$419,900

Sale Price/ft²

$263

Below Asking

0.01%

Average Days on Market

97

Average Home Size

1888 ft²

Average Home Age

28.2 years

Currently For Sale

193 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: Keela Payne, Mountain Home Realty
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3268134
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 405 Sycamore Lane built and last sold?
The property at 405 Sycamore Lane was built in 1987 and last sold on Aug 5, 2021 for $259,000.
How much is this home worth?
The estimated value of the home located at 405 Sycamore Lane is $278,627.
What are some comparable homes to 405 Sycamore Lane?
There are currently no comparable homes to 405 Sycamore Lane.
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