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Sevier 37863
604 Only Way
$115,000
● House - Off Market

604 Only Way

Sevierville, TN 37863
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,562 Ft²
$173,964
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
Unit Size
1,562 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$74
Property Type
House
Property Taxes
$30
HOA Dues
-
Year Built
1960

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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: 4 months ago (Realtracs #RTC3270375)

Price History

Date / Event Date Event Price
Sep 5, 2018 No longer available -
No longer available
Aug 27, 2018 Sold
Premium
Sold
Aug 22, 2018 Listed $115,000
Listed
The manager has listed the unit size as 1562 square feet.
Jul 20, 2018 Listed by 10 Realty LLC $115,000
Listed by 10 Realty LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1984
  • 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: 58
  • Exterior Walls Type: 25
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 34
  • Porch Type: 89
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 1,620
  • Total Building Area: 1,562
  • Gross Building Area: 1,681
  • Building Area: 1,562
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,562
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000400
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: 162 X 165 IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080904

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 105N
  • District: 05
  • Parcel: 105N-A-007.00
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7548
  • Longitude: -83.5681

    Address

  • Full Address: 604 Only Way
  • Address - House Number: 604
  • Address - Street Name: Only
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Pigeon Forge
  • Carrier Code: R015
  • 4-Digit Zip Code: 4627
  • Zip Code: 37863

Valuation

    Tax

  • Total Area: 1,562
  • Tax Year: 2023
  • Tax Amount: $37,200
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4642
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 7
  • Final Value: 170,146
  • High Value: 249,131
  • Low Value: 91,160

    Market Valuation

  • Market Total Value: $100,500
  • Market Land Value: $15,200
  • Market Improvement Value: $85,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $25,125
  • Assessed Land Value: $3,800
  • Assessed Improvements Value: $21,325

    Sales

  • Current Sale Contract Date: Aug 27, 2018
  • Current Sale Recording Date: Sep 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 18031285
  • Previous Sale Recording Date: May 03, 2012
  • Previous Sale Contract Date: Apr 16, 2012
  • Previous Sale Amount: $72,551
  • Previous Sale Document Type: 68
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

$337

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1906 ft²

Average Home Age

22.7 years

Currently For Sale

2421 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: Randy Bable, 10 Realty LLC
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3270375
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 604 Only Way built and last sold?
The property at 604 Only Way was built in 1960 and last sold on Aug 27, 2018 for $115,000.
How much is this home worth?
The estimated value of the home located at 604 Only Way is $138,037.
What are some comparable homes to 604 Only Way?
There are currently no comparable homes to 604 Only Way.
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