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Sevier 37862
4120 Mae Lane
Photo of 4120 Mae Lane
Sold on Apr 15, 2019

36

Map

Photo of 4120 Mae Lane
Photo of 4120 Mae Lane
$213,000
● House - Off Market

4120 Mae Lane

Sevierville, TN 37862
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,248 Ft²
$326,310
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Come see this lovely 3/2 w garage and almost finished basement. Upstairs is very clean and neat, with great porch with swing to sit and enjoy mountain views. Located in cul de sac of quiet Wears Valley neighborhood. Privacy, easy access, and home in great condition. Lower level has been almost completely finished (roughed in master bedroom/bathroom with electrical and insulation done. Just need to add sheetrock and flooring). Metal roof recently put on, and exterior and interior of home freshly painted. Easy entry into home from both levels. Lower level would make an excellent in-law quarters, if needed.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$176
Property Type
House
Property Taxes
$50
HOA Dues
-
Year Built
1992

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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 #RTC3524960)

Price History

Date / Event Date Event Price
Apr 15, 2019 Sold
Premium
Sold
Mar 1, 2019 Listed by East Tennessee Realty Group, LLC $219,900
Listed by East Tennessee Realty Group, LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 2001
  • 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: 2
  • Basement Area: 1,248
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,496
  • Gross Building Area: 2,496
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEARS COVE ACRES
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: WEARS COVE ACRES PB 26 PG 9 LOT 31

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 123
  • District: 06
  • Parcel: 123-036.17
  • Lot: 31
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7146
  • Longitude: -83.6701

    Address

  • Full Address: 4120 Mae Ln
  • Address - House Number: 4120
  • Address - Street Name: Mae
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R007
  • 4-Digit Zip Code: 8138
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 1,248
  • Tax Year: 2023
  • Tax Amount: $64,900
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.2777
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 60
  • Final Value: 500,869
  • High Value: 639,978
  • Low Value: 361,760

    Market Valuation

  • Market Total Value: $175,300
  • Market Land Value: $41,400
  • Market Improvement Value: $133,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $43,825
  • Assessed Land Value: $10,350
  • Assessed Improvements Value: $33,475

    Sales

  • Current Sale Contract Date: Apr 15, 2019
  • Current Sale Recording Date: Apr 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19011345
  • Previous Sale Recording Date: Jul 29, 2011
  • Previous Sale Contract Date: Jul 29, 2011
  • Previous Sale Amount: $140,000
  • 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

$338

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1890 ft²

Average Home Age

22.7 years

Currently For Sale

2386 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: Frances Troxler, East Tennessee Realty Group, LLC
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3524960
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 4120 Mae Lane built and last sold?
The property at 4120 Mae Lane was built in 1992 and last sold on Apr 15, 2019 for $213,000.
How much is this home worth?
The estimated value of the home located at 4120 Mae Lane is $230,880.
What are some comparable homes to 4120 Mae Lane?
There are currently no comparable homes to 4120 Mae Lane.
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