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Sevier 37876
453 Sassafras Trail #SMOKYMOUNTAINCOZYCOTTAGE
$342,900
● House - Off Market

453 Sassafras Trail #SMOKYMOUNTAINCOZYCOTTAGE

Sevierville, TN 37876
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,448 Ft²
$620,772
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

Beautifully kept log cabin in the woods with spectacular views of the Smoky Mountains! Very easily accessible to both Pigeon Forge and Gatlinburg (5 minutes off Spur). Exterior logs are in excellent condition. Decks are, too. Cabin has two levels of decks in addition to a lovely and large gazebo/fire pit shared with neighbor cabin. Interior is all-wood. Upscale furnishings. Large windows to enjoy the mountains from gathering room, kitchen, master bedroom, den, and loft area. Master suite has private entrance to deck and large bathroom. Half bath/laundry on main level, too. Upper level includes full bath and two bedrooms, and lower level includes den (with fireplace), game room, wet bar.
Unit Size
2,448 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$143
Property Type
House
Property Taxes
$98
HOA Dues
-
Year Built
2005

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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 #RTC3525129)

Price History

Date / Event Date Event Price
Nov 30, 2015 Sold
Premium
Sold
Aug 10, 2015 Listed by East Tennessee Realty Group, LLC $349,900
Listed by East Tennessee Realty Group, LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 2
  • Basement Area: 1,024
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 33,106
  • Lot Size Depth Feet: 1,014
  • Lot Size Frontage Feet: 426
  • Total Building Area: 3,072
  • Gross Building Area: 3,072
  • Building Area: 3,072
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 3,072
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: SASSAFRAS GAP
  • Land Acres: 0000000760
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: SASSAFRAS GAP PB 27 PG 85 LOT 18 42.55 X 101.36 IRR

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 106
  • District: 05
  • Parcel: 106-114.18
  • Lot: 18
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7575
  • Longitude: -83.5185

    Address

  • Full Address: 453 Sassafras Trl
  • Address - House Number: 453
  • Address - Street Name: Sassafras
  • Address - Suffix Type: Trl
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 1,024
  • Tax Year: 2023
  • Tax Amount: $317,000
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 412,000
  • High Value: 601,163
  • Low Value: 222,836

    Market Valuation

  • Market Total Value: $535,500
  • Market Land Value: $42,000
  • Market Improvement Value: $493,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $214,200
  • Assessed Land Value: $16,800
  • Assessed Improvements Value: $197,400

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Oct 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21040639
  • Previous Sale Recording Date: Dec 03, 2015
  • Previous Sale Contract Date: Nov 30, 2015
  • Previous Sale Amount: $342,900
  • 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:

$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# RTC3525129
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 453 Sassafras Trail built and last sold?
The property at 453 Sassafras Trail was built in 2005 and last sold on Oct 15, 2021 for $801,000.
How much is this home worth?
The estimated value of the home located at 453 Sassafras Trail is $776,313.
What are some comparable homes to 453 Sassafras Trail?
There are currently no comparable homes to 453 Sassafras Trail.
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