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Sevier 37863
575 INDIAN KNOB Circle
Photo of 575 INDIAN KNOB Circle
Sold on Jan 3, 2020

13

Map

Photo of 575 INDIAN KNOB Circle
Photo of 575 INDIAN KNOB Circle
$60,000
● House - Off Market

575 INDIAN KNOB Circle

Pigeon Forge, TN 37863
bedrooms
2 Beds
bathrooms
1 Bath
square feet
888 Ft²
$121,663
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

**** SELLER AGREED TO REDUCED SELLING PRICE BECAUSE OF SPECIAL ARRANGEMENT BUYER WHO WAS A NEIGHBOR WORKED OUT*****ON PART OF PROPERTY****REDUCEDD AGAIN....COME SEE PUT SOME ELBOW GREASE ON IT AND YOU'VE GOT A CUTE COTTAGE HOME.....NO CAR NEEDED...HERE YOU WALK TO TOWN!!! OLDER COTTAGE STYLE HOME, NEEDING SOME WORK, WITH EXTRA LOT RIGHT OFF THE PARKWAY!! R2 ZONING. WOODSY LITTLE LOT, 2 BDR 1 BATH...HEAT/AIR UNIT IN GOOD SHAPE, ROOF ABOUT TEN YEARS OLD, THIS COULD BE CUTE WITH SOME WORK..A BATHROOM WAS ADDED ON WHEN THE FATHER WAS SICK THAT'S IN GOOD SHAPE..THERE'S A 2ND BATH THAT IS NOT USED ANYMORE...FIREPLACE..WOOD STOVE FLU...THIS COTTAGE STYLE HOME WOULD BE PERFECT WITH SOME WORK ADDED ON....PARK OF HOUSE IS A BLOCK FRAME CONSTRUCTION..SOME IS WOOD...SELLER HAS NOT LIVED THERE IN AWHILE..RELATIVES LIVE NOW..NEED NOTICE IF POSSIBLE....
Unit Size
888 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$94
Property Type
House
Property Taxes
$30
HOA Dues
-
Year Built
1962

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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 #RTC3266491)

Price History

Date / Event Date Event Price
Jan 3, 2020 Sold
Premium
Sold
Oct 14, 2019 Listed by Karen Whitlock Realty $83,500
Listed by Karen Whitlock Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,524,600
  • Lot Size Depth Feet: 2,120
  • Lot Size Frontage Feet: 350
  • Total Building Area: 688
  • Gross Building Area: 688
  • Building Area: 688
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 688
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONNOR HGTS SEC 2
  • Land Acres: 0000035000
  • Standard Land Use Code: 1001
  • County Land Use Code: 51
  • State Land Use Code: C00
  • Legal Description 1: CONNOR HGTS SEC 2 PB 2 PG 146 LOT 0LOT 199.27 X 53.77 IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 081002

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 106A
  • District: 05
  • Parcel: 106A-B-054.00
  • Lot: LOT
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7706
  • Longitude: -83.5409

    Address

  • Full Address: 575 Indian Knob Cir
  • Address - House Number: 575
  • Address - Street Name: Indian Knob
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Pigeon Forge
  • Carrier Code: C001
  • 4-Digit Zip Code: 4031
  • Zip Code: 37863

Valuation

    Tax

  • Total Area: 688
  • Tax Year: 2023
  • Tax Amount: $21,200
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 394,898
  • High Value: 576,209
  • Low Value: 213,586

    Market Valuation

  • Market Total Value: $57,200
  • Market Land Value: $11,300
  • Market Improvement Value: $45,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $14,300
  • Assessed Land Value: $2,825
  • Assessed Improvements Value: $11,475

    Sales

  • Current Sale Contract Date: Jan 03, 2020
  • Current Sale Recording Date: Jan 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20000443
  • Previous Sale Recording Date: May 27, 1997
  • Previous Sale Document Type: 27
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:

$554,000

Sale Price/ft²

$333

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2190 ft²

Average Home Age

22.8 years

Currently For Sale

2489 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: Karen Whitlock, Karen Whitlock Realty
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3266491
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 575 Indian Knob Circle built and last sold?
The property at 575 Indian Knob Circle was built in 1962 and last sold on Jan 3, 2020 for $60,000.
How much is this home worth?
The estimated value of the home located at 575 Indian Knob Circle is $95,867.
What are some comparable homes to 575 Indian Knob Circle?
There are currently no comparable homes to 575 Indian Knob Circle.
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