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Sevierville 37862
587 Sunrise Circle
Photo of 587 Sunrise Circle
Sold on Aug 15, 2022

26

Map

Photo of 587 Sunrise Circle
Photo of 587 Sunrise Circle
$261,100
● House - Off Market

587 Sunrise Circle

Sevierville, TN 37862
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,170 Ft²
$284,326
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Location, location, location! Located on Sunrise Circle in the heart of Sevierville! 2 minutes from the grocery store in a quiet neighborhood directly on the Greenway! Perfect for primary residence or a low maintenance second home in the Smokies! SINGLE LEVEL home, three bedrooms, two baths, gas log fireplace and skylights! Close to the hospital, doctors, community center, restaurants, shopping, attractions and the Great Smoky Mountains National Park!
Unit Size
1,170 Ft²
Days on Market
52 days
Land Size
-
Price per sqft
$235
Property Type
House
Property Taxes
$67
HOA Dues
$100
Year Built
1991

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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: 7 months ago ( #251446)

Price History

Date / Event Date Event Price
Aug 15, 2022 Sold
Premium
Sold
Jun 24, 2022 Listed by ERA In The Smokies Realty & Re $275,000
Listed by ERA In The Smokies Realty & Re

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 2
  • 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: 1
  • Garage Square Area: 299
  • Parking Space Count: 1
  • Patio Type: 34
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 190
  • Total Building Area: 1,469
  • Gross Building Area: 1,469
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNRISE MEADOWS
  • Land Acres: 0000001000
  • Standard Land Use Code: 1000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: SUNRISE MEADOWS PB 27 PG 36 LOT 8A 19.03 X 132.47 UNIT 587

Neighborhood

  • School District Name: Sevier County School District
  • School Tax School District: 78653
  • Census Tract: 080803

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 061D
  • District: 05
  • Parcel: 061D-C-008.00
  • Lot: 8A
  • Municipality: SEVIERVILLE
  • Latitude: 35.8604
  • Longitude: -83.5478

    Address

  • Full Address: 587 Sunrise Cir
  • Address - House Number: 587
  • Address - Street Name: Sunrise
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R012
  • 4-Digit Zip Code: 2980
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 1,170
  • Tax Year: 2023
  • Tax Amount: $128,600
  • Tax Rate Code Area: 78A04

    Appraisal Valuation

  • Standard Deviation: 0.2668
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 61
  • Final Value: 300,909
  • High Value: 381,200
  • Low Value: 220,617

    Market Valuation

  • Market Total Value: $173,900
  • Market Land Value: $25,000
  • Market Improvement Value: $148,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $43,475
  • Assessed Land Value: $6,250
  • Assessed Improvements Value: $37,225

    Sales

  • Current Sale Contract Date: Aug 15, 2022
  • Current Sale Recording Date: Aug 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33732
  • Previous Sale Recording Date: Dec 01, 2009
  • Previous Sale Amount: $125,000
  • 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 Sevierville

Stats & Trends

Median Asking:

$424,750

Sale Price/ft²

$271

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1685 ft²

Average Home Age

28.8 years

Currently For Sale

166 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

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Frequently Asked Questions

When was property at 587 Sunrise Circle built and last sold?
The property at 587 Sunrise Circle was built in 1991 and last sold on Aug 15, 2022 for $261,100.
How much is this home worth?
The estimated value of the home located at 587 Sunrise Circle is $0.
What are some comparable homes to 587 Sunrise Circle?
There are currently no comparable homes to 587 Sunrise Circle.
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