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Sevier 37764
540 Catlett Drive
Photo of 540 Catlett Drive
Sold on Feb 4, 2021

19

Map

Photo of 540 Catlett Drive
Photo of 540 Catlett Drive
$125,000
● House - Off Market

540 Catlett Drive

Kodak, TN 37764
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,296 Ft²
$176,813
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

Totally updated, move in ready and waiting on you to make it your home! New flooring in living area, custom stone fireplace, split bedrooms including huge master with en suite. Open floor plan, single level, updated kitchen, new HVAC and water heater. Sitting on just under one acre with LOW LOW county taxes, enjoy peaceful evenings on your covered back deck overlooking large backyard. Centrally located to Sevierville and Knoxville, this is the home you have been searching for. Schedule a showing today!! Property will not go FHA/VA due to not having permanent foundation Possible owner financing with substantial down payment.
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.84 acres
Price per sqft
$107
Property Type
House
Property Taxes
$18
HOA Dues
-
Year Built
2004

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Cap Rate Calculator

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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 #RTC3274606)

Price History

Date / Event Date Event Price
Feb 4, 2021 Sold
Premium
Sold
Aug 6, 2020 Listed by Your Home Sold Guaranteed Real $139,000
Listed by Your Home Sold Guaranteed Real
Totally updated, move in ready and waiting on you to make it your home! New flooring in living area, custom stone fireplace, split bedrooms including huge master with en suite. Open floor plan, single level, updated kitchen, new HVAC and water heater. Sitting on just under one acre with LOW LOW county taxes, enjoy peaceful evenings on your covered back deck overlooking large backyard. Centrally located to Sevierville and Knoxville, this is the home you have been searching for. Schedule a showing today!! Property will not go FHA/VA due to not having permanent foundation Possible owner financing with substantial down payment.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 58
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,590
  • Lot Size Depth Feet: 2,841
  • Lot Size Frontage Feet: 1,625
  • Total Building Area: 1,216
  • Gross Building Area: 1,216
  • Building Area: 1,216
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,216
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CREEKVIEW
  • Land Acres: 0000000840
  • Standard Land Use Code: 1006
  • County Land Use Code: MH3
  • State Land Use Code: C00
  • Mobile Home Indicator: T
  • Legal Description 1: CREEKVIEW PB LM5 PG 168 LOT 8 162.48 X 284.10 IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080104

Zoning

  • Zoning: A-1

Geography

  • Assessors Map Reference: 012H
  • District: 08
  • Parcel: 012H-A-008.00
  • Lot: 8
  • Municipality: SEVIER COUNTY
  • Latitude: 35.9684
  • Longitude: -83.6275

    Address

  • Full Address: 540 Catlett Dr
  • Address - House Number: 540
  • Address - Street Name: Catlett
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Kodak
  • Carrier Code: R007
  • 4-Digit Zip Code: 2265
  • Zip Code: 37764

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,100
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 390,551
  • High Value: 569,866
  • Low Value: 211,235

    Market Valuation

  • Market Total Value: $46,100
  • Market Land Value: $20,000
  • Market Improvement Value: $26,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $11,525
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $6,525

    Sales

  • Current Sale Contract Date: Feb 04, 2021
  • Current Sale Recording Date: Feb 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21003655
  • Previous Sale Recording Date: Oct 09, 2015
  • Previous Sale Contract Date: Oct 08, 2015
  • 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:

$557,000

Sale Price/ft²

$333

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2189 ft²

Average Home Age

22.8 years

Currently For Sale

2485 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: Tracy King, Your Home Sold Guaranteed Realty
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3274606
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 540 Catlett Drive built and last sold?
The property at 540 Catlett Drive was built in 2004 and last sold on Feb 4, 2021 for $125,000.
How much is this home worth?
The estimated value of the home located at 540 Catlett Drive is $154,261.
What are some comparable homes to 540 Catlett Drive?
There are currently no comparable homes to 540 Catlett Drive.
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