by Lee Lin
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Sevierville 37862
616 Park Road
Photo of 616 Park Road
Sold on Nov 12, 2025

82

Map

Photo of 616 Park Road
Photo of 616 Park Road
$450,000
● House - Off Market

616 Park Road

Sevierville, TN 37862
bedrooms
6 Beds
bathrooms
4 Baths
square feet
3,981 Ft²
$2,278
Est. Monthly

About This Property

Discover a fantastic investment opportunity with this package of three properties in Sevierville, perfectly positioned within minutes of Downtown Sevierville. These properties offer a total of 6 spacious bedrooms and 4 bathrooms, making them ideal for a long-term rental portfolio or a primary residence. Each home is conveniently located near local schools, shopping centers, and a variety of restaurants, providing both comfort and accessibility. Don't miss your chance to own this versatile package in a desirable area, perfect for creating a steady income stream or a comfortable family home. 616 and 640 Park Rd are on public sewer. 704 Allensville is on septic. Parcel IDs: 061C B 006.01, 061C B 024.00, 038L A 025.01 **Properties are being sold as-is**
Unit Size
3,981 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$113
Property Type
House
Property Taxes
$68
HOA Dues
-
Year Built
1954

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 2 months ago (Realtracs #RTC3543283)

Price History

Date / Event Date Event Price
Nov 12, 2025 Sold
Premium
Sold
Oct 11, 2025 In contract -
In contract
Oct 7, 2025 Listed by Local Realty Group $450,000
Listed by Local Realty Group
Discover a fantastic investment opportunity with this package of three properties in Sevierville, perfectly positioned within minutes of Downtown Sevierville. These properties offer a total of 6 spacious bedrooms and 4 bathrooms, making them ideal for a long-term rental portfolio or a primary residence. Each home is conveniently located near local schools, shopping centers, and a variety of restaurants, providing both comfort and accessibility. Don't miss your chance to own this versatile package in a desirable area, perfect for creating a steady income stream or a comfortable family home. 616 and 640 Park Rd are on public sewer. 704 Allensville is on septic. Parcel IDs: 061C B 006.01, 061C B 024.00, 038L A 025.01 **Properties are being sold as-is**

Property Highlights

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1979
  • 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: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,700,720
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 630
  • Total Building Area: 1,226
  • Gross Building Area: 1,386
  • Building Area: 1,226
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,226
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MCAFEE ADDN
  • Land Acres: 0000062000
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: MCAFEE ADDN LOT 3-B 63.22X84.5 IRR

Neighborhood

  • School District Name: Sevier County School District
  • School Tax School District: 78653
  • Census Tract: 080801

Zoning

  • Zoning: C-3

Geography

  • Assessors Map Reference: 061C
  • District: 05
  • Parcel: 061C-B-006.01
  • Lot: 3B
  • Municipality: SEVIERVILLE
  • Latitude: 35.8602
  • Longitude: -83.5589

    Address

  • Full Address: 616 Park Rd
  • Address - House Number: 616
  • Address - Street Name: Park
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Sevierville
  • Carrier Code: C001
  • 4-Digit Zip Code: 4132
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 1,226
  • Tax Year: 2023
  • Tax Amount: $52,600
  • Tax Rate Code Area: 78A04

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 400,303
  • High Value: 584,096
  • Low Value: 216,509

    Market Valuation

  • Market Total Value: $71,000
  • Market Land Value: $12,000
  • Market Improvement Value: $59,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $17,750
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $14,750

    Sales

  • Current Sale Contract Date: Dec 20, 2013
  • Current Sale Recording Date: Dec 23, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 13051342
  • Previous Sale Recording Date: Oct 03, 2013
  • Previous Sale Contract Date: Oct 02, 2013
  • Previous Sale Amount: $40,337
  • 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

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Realtracs

Listed by: Gracie Mayfield, Local Realty Group
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3543283
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 Park Road built and last sold?
The property at 616 Park Road was built in 1954 and last sold on Dec 20, 2013 for $30,000.
How much is this home worth?
The estimated value of the home located at 616 Park Road is $454,500.
What are some comparable homes to 616 Park Road?
There are currently no comparable homes to 616 Park Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Sevier Homes for Sale
Sevier Houses for Sale
Sevier Condos for Sale
Sevier Townhouses for Sale
Sevier Multifamily for Sale
Sevier Land for Sale
Sevier Commercial for Sale
Sevier Homes with Basements
Nearby Cities
Knoxville Homes for Sale
Oak Ridge Homes for Sale
Maryville Homes for Sale
Gatlinburg Homes for Sale
Morristown Homes for Sale
Tellico Village Homes for Sale
Greeneville Homes for Sale
Pigeon Forge Homes for Sale
Nearby Property Records
Sevier County, TN Property Records
Jefferson County, TN Property Records
Blount County, TN Property Records
Knox County, TN Property Records
Swain County, NC Property Records
Cocke County, TN Property Records
Hamblen County, TN Property Records
Haywood County, NC Property Records
Neighborhoods
South Knoxville Real Estate
Park City Real Estate
Oakwood Real Estate
Parkridge Real Estate
Belle Morris Real Estate
Mechanicsville Real Estate
Beaumont Real Estate
Old North Knoxville Real Estate
Nearby Counties
Knox Homes for Sale
Blount Homes for Sale
Macon Homes for Sale
Jackson Homes for Sale
Greene Homes for Sale
Jefferson Homes for Sale
Loudon Homes for Sale
Haywood Homes for Sale
Top Real Estate Agents
Top Agents in Sevier
Top Agents in Knox
Top Agents in Knoxville
Top Agents in Blount
Top Agents in Macon
Top Agents in Jackson
Top Agents in Greene
Top Agents in 37876