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Sevier 37865
616 Hills Gate Circle
Photo of 616 Hills Gate Circle
Sold on Nov 5, 2014

1

Map

$154,900
● House - Off Market

616 Hills Gate Circle

Seymour, TN 37865
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,456 Ft²
$289,095
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model

About This Property

Brand new construction basement rancher, in a newer subdivision close to Seymour schools. Three bed , two bath, but basement already partially finished, and plumbed so can easily be finished as a four bed, three bath home. Hard wood floor in living room and tiled kitchen and main floor bathrooms. Beautiful mountain views. Upgraded heat and air unit installed to cover basement as well as house. Great floor plan with master bed room on one side and other two ground floor bed rooms on other side of home. Home will be ready lateSeptember
Unit Size
1,456 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$106
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2014

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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: 14 days ago (Realtracs #RTC3572663)

Price History

Date / Event Date Event Price
Nov 5, 2014 Sold
Premium
Sold
Jul 3, 2014 Listed by Action Real Estate, Inc. $154,900
Listed by Action Real Estate, Inc.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 25
  • 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: 2
  • Basement Area: 1,450
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,900
  • Gross Building Area: 2,900
  • Building Area: 1,450
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,450
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLSIDE ESTATES
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: HILLSIDE ESTATES PB LM-6 PG 1 LOT 52 100 X 140

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080203

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 045C
  • District: 09
  • Parcel: 045C-C-052.00
  • Lot: 52
  • Municipality: SEVIER COUNTY
  • Latitude: 35.8874
  • Longitude: -83.7483

    Address

  • Full Address: 616 Hills Gate Cir
  • Address - House Number: 616
  • Address - Street Name: Hills Gate
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Seymour
  • Carrier Code: R003
  • 4-Digit Zip Code: 4991
  • Zip Code: 37865

Valuation

    Tax

  • Total Area: 1,450
  • Tax Year: 2023
  • Tax Amount: $69,900
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 446,477
  • High Value: 651,470
  • Low Value: 241,483

    Market Valuation

  • Market Total Value: $188,900
  • Market Land Value: $30,000
  • Market Improvement Value: $158,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $47,225
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $39,725

    Sales

  • Current Sale Contract Date: Nov 04, 2014
  • Current Sale Recording Date: Nov 05, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14044183
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

$338

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1890 ft²

Average Home Age

22.7 years

Currently For Sale

2386 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: Gina Kennedy, Action Real Estate, Inc.
Last Updated: 14 days ago
Data Source: Realtracs, MLS# RTC3572663
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 616 Hills Gate Circle built and last sold?
The property at 616 Hills Gate Circle was built in 2014 and last sold on Nov 4, 2014 for $154,900.
How much is this home worth?
The estimated value of the home located at 616 Hills Gate Circle is $172,225.
What are some comparable homes to 616 Hills Gate Circle?
There are currently no comparable homes to 616 Hills Gate Circle.
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