by Lee Lin

See Home Value
Cocke
494 Sassafras Way
$51,000
● Land - Off Market

494 Sassafras Way

Cosby, TN 37722
bedrooms
Studio
bathrooms
0 Bath
$311
Est. Monthly
$50
HOA / Fees

About This Property

Looking for an affordable second home or permanent place to call home? Look no further. Location is great, 20 minutes to the heart of Downtown Gatlinburg and just 6 minutes to the Great Smoky Mountain National Park. Peaceful and quiet campground. This easy accessible community offers an on site pool, hiking and riding trails, a clubhouse and a playground. HOA includes Sewer and Water along with road maintenance. Bring your camper/RV, build something new or utilize what is already in place. The potential is huge!! Let your imagination take over and have freedom to create a permanent vacation spot for your family or a peacefulplacetocallhome . Solid carport in excellent shape- 13x35ft, Deck 12x12ft. The mobile home addition is 192 sq ft including 1 bathroom. The seller recently met with a local contractor to discuss building something new , his contact information is available upon request. This property is being sold as Land and AS IS.
Unit Size
-
Days on Market
-
Land Size
0.40 acres
Price per sqft
-
Property Type
Land
Property Taxes
$10
HOA Dues
$50
Year Built
2023

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Last updated: 4 months ago (Realtracs #RTC3283424)

Price History

Date / Event Date Event Price
May 3, 2024 Sold
Sold
Feb 3, 2024 Listed by TN Smoky Mtn Realty $149,000
Listed by TN Smoky Mtn Realty
Brand New Home in a prime community just outside of Gatlinburg! Easily accessible, no mountainous roads, level road just off 321! 1 bedroom 1 bath with a loft! Large open kitchen and living space. Beautiful tile floors throughout and equipped with kitchen appliances! Loft can be used as a second bedroom, kids room, or even storage. Great location within 20 minutes to Downtown Gatlinburg and just 6 minutes to the Great Smoky Mountain National Park Entrance. Enjoy this home year round, or as a vacation home! Onsite outdoor pool, hiking trails, bath house, and a playground. The HOA fee os only $50 per month includes the use of on site amenities, sewer, water and road maintenance. High Speed Internet is available! Golf cart friendly community with golf cart trails! Overnight Rentals are not allowed in the Edge of the Smokies, making this a perfect place to reside or male your second home. Very peaceful, quiet location! Site built home. The washer and dryer do not convey.
Apr 21, 2023 Listed by TN Smoky Mtn Realty $159,500
Listed by TN Smoky Mtn Realty
Seller Financing Option Available! Brand New- 1 bedroom 1 bath home with a loft! Large open kitchen and living room! Tile floors throughout, new kitchen appliances, washer & dryer! Loft can be used as a second bedroom, kids room, or even storage. Great location within 20 minutes to Downtown Gatlinburg and just 6 minutes to the Great Smoky Mountain National Park Entrance. Easily accessible, no mountainous roads, level road just off 321! Enjoy this home year round, or as a vacation home! Onsite outdoor pool, hiking trails, bath house, and a playground. The HOA fee includes the use of on site amenities, sewer, water and road maintenance. High Speed Internet is available. Golf cart friendly community with golf cart trails! Overnight Rentals are not allowed in the Edge of the Smokies Campground. Very peaceful, quiet location!
Sep 29, 2021 Listed by TN Smoky Mtn Realty $51,000
Listed by TN Smoky Mtn Realty
Dec 2, 2018 No longer available -
No longer available
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Property Highlights


Building Info

Overview

    General

  • Year Built: 2023
  • Effective Year Built: 2023
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 24
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Lot Size Depth Feet: 600
  • Lot Size Frontage Feet: 350
  • Total Building Area: 598
  • Building Area: 598
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 598
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDGE OF THE SMOKIES
  • Land Acres: 0000000040
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: DISTRICT: 09, COUNTY AREA: X01

Neighborhood

  • School District Name: Cocke County School District
  • Census Tract: 920700

Geography

  • Assessors Map Reference: 127I
  • District: 09
  • Subdivision Tract Number: 1
  • Parcel: 015127I B 03700
  • Lot: 91
  • Latitude: 35.7739
  • Longitude: -83.2539

    Address

  • Full Address: 494 Sassafras Way
  • Address - House Number: 494
  • Address - Street Name: Sassafras
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Cosby
  • Carrier Code: R005
  • 4-Digit Zip Code: 1401
  • Zip Code: 37722

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,000
  • Tax Rate Code Area: 15A00

    Appraisal Valuation

  • Standard Deviation: 0.1253
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 86
  • Final Value: 141,384
  • High Value: 159,101
  • Low Value: 123,668

    Market Valuation

  • Market Total Value: $63,300
  • Market Land Value: $12,500
  • Market Improvement Value: $50,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,825
  • Assessed Land Value: $3,125
  • Assessed Improvements Value: $12,700

    Sales

  • Current Sale Contract Date: Nov 20, 2018
  • Current Sale Recording Date: Nov 21, 2018
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 18019409
  • Previous Sale Recording Date: Sep 26, 2017
  • Previous Sale Contract Date: Sep 26, 2017
  • Previous Sale Amount: $15,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cocke


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Frequently Asked Questions

When was property at 494 Sassafras Way built and last sold?
The property at 494 Sassafras Way was built in 2023 and last sold on Nov 20, 2018 for $20,000.
How much is this home worth?
The estimated value of the home located at 494 Sassafras Way is $148,128.
What are some comparable homes to 494 Sassafras Way?
There are currently no comparable homes to 494 Sassafras Way.