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Sevier 37862
4159 Chamberlain Lane
Photo of 4159 Chamberlain Lane
Sold on Feb 20, 2024

10

Map

Photo of 4159 Chamberlain Lane
Photo of 4159 Chamberlain Lane
$149,900
● Land - Off Market

4159 Chamberlain Lane

Sevierville, TN 37862
bedrooms
Studio
bathrooms
0 Bath
$755
Est. Monthly

About This Property

Quiet and secluded 6.74 acres located within minutes of Gatlinburg, Townsend, Pigeon Forge, and the Great Smoky Mountain National Forest. Create an ideal residence or add overnight rentals on this wooded lot with county only taxes, and is part of Clearfork Subdivision. Acreage has been placed sold 'AS IS' with no warranties/guarantees as to the condition of any improvements on the property, and no value on any improvements. Do NOT walk on deck of old house or go inside. UNSAFE.
Unit Size
-
Days on Market
-
Land Size
6.74 acres
Price per sqft
-
Property Type
Land
Property Taxes
$18
HOA Dues
-
Year Built
1996

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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: 29 days ago (Realtracs #RTC3263607)

Price History

Date / Event Date Event Price
Feb 20, 2024 Sold
Premium
Sold
Jan 22, 2024 Listed by RE/MAX Preferred Properties Pigeon Forge $149,900
Listed by RE/MAX Preferred Properties Pigeon Forge
Quiet and secluded 6.74 acres located within minutes of Gatlinburg, Townsend, Pigeon Forge, and the Great Smoky Mountain National Forest. Create an ideal residence or add overnight rentals on this wooded lot with county only taxes, and is part of Clearfork Subdivision. Acreage has been placed sold 'AS IS' with no warranties/guarantees as to the condition of any improvements on the property, and no value on any improvements. Do NOT walk on deck of old house or go inside. UNSAFE.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 10
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 23
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 293,594
  • Total Building Area: 356
  • Gross Building Area: 356
  • Building Area: 356
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 14
  • Heated Square Feet: 356
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLEARFORK
  • Land Acres: 0000006740
  • Standard Land Use Code: 1001
  • County Land Use Code: 51
  • State Land Use Code: C00
  • Legal Description 1: CLEARFORK PB 24 PG 62 LOT 22B

Neighborhood

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

Zoning

  • Zoning: A-1

Geography

  • Assessors Map Reference: 123
  • District: 06
  • Parcel: 123-082.53
  • Lot: 22B
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7308
  • Longitude: -83.6703

    Address

  • Full Address: 4159 Chamberlain Ln
  • Address - House Number: 4159
  • Address - Street Name: Chamberlain
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R007
  • 4-Digit Zip Code: 8159
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 356
  • Tax Year: 2023
  • Tax Amount: $22,000
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.2249
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 68
  • Final Value: 193,714
  • High Value: 237,282
  • Low Value: 150,146

    Market Valuation

  • Market Total Value: $59,400
  • Market Land Value: $36,300
  • Market Improvement Value: $23,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $14,850
  • Assessed Land Value: $9,075
  • Assessed Improvements Value: $5,775

    Sales

  • Current Sale Contract Date: Feb 15, 2024
  • Current Sale Recording Date: Feb 23, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4651
  • Previous Sale Recording Date: Sep 24, 1993
  • Previous Sale Amount: $12,900
  • 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:

$579,900

Sale Price/ft²

$338

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1888 ft²

Average Home Age

22.8 years

Currently For Sale

2341 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: Cheryl Hawkins, REMAX Preferred Pigeon Forge
Last Updated: 29 days ago
Data Source: Realtracs, MLS# RTC3263607
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 4159 Chamberlain Lane built and last sold?
The property at 4159 Chamberlain Lane was built in 1996 and last sold on Feb 15, 2024 for $149,900.
How much is this home worth?
The estimated value of the home located at 4159 Chamberlain Lane is $151,399.
What are some comparable homes to 4159 Chamberlain Lane?
There are currently no comparable homes to 4159 Chamberlain Lane.
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