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Sevier 37863
704 Rush Branch Road
Photo of 704 Rush Branch Road
Sold on Dec 11, 2020

30

Map

Photo of 704 Rush Branch Road
Photo of 704 Rush Branch Road
$220,000
● House - Off Market

704 Rush Branch Road

Pigeon Forge, TN 37863
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,920 Ft²
$353,422
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

LOCATION IS EVERYTHING!!!! WOW!! WITHIN WALKING DISTANCE TO THE PARKWAY IN PIGEON FORGE!!!! This home has one level living with a enormous living room, plenty of closet space, screen porch with hot tub, and a detached 2 car garage with a half bath and room wired for a tanning bed! Also attached to the garage is a Motor Home/Camper carport with power hookup and Water!! LOTS OF UPDATES!!! MUST SEE!! Being sold partially furnished and AS IS, WHERE IS. MOTIVATED SELLER! BRING ALL OFFERS!
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$140
Property Type
House
Property Taxes
$31
HOA Dues
-
Year Built
1992

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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: 30 days ago (Realtracs #RTC3236674)

Price History

Date / Event Date Event Price
Dec 11, 2020 Sold
Premium
Sold
Oct 9, 2020 Listed by Prime Mountain Properties $269,000
Listed by Prime Mountain Properties

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 2001
  • 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: 4
  • Garage Square Area: 896
  • Parking Space Count: 6
  • Patio Type: 92
  • Porch Type: 125
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 16,988
  • Lot Size Depth Feet: 1,845
  • Lot Size Frontage Feet: 1,038
  • Total Building Area: 1,360
  • Gross Building Area: 1,500
  • Building Area: 1,360
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 1,360
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: 103.8X184.5 IRR.

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 106
  • District: 05
  • Parcel: 106-015.00
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7637
  • Longitude: -83.5451

    Address

  • Full Address: 704 Rush Branch Rd
  • Address - House Number: 704
  • Address - Street Name: Rush Branch
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Pigeon Forge
  • Carrier Code: R015
  • 4-Digit Zip Code: 4736
  • Zip Code: 37863

Valuation

    Tax

  • Total Area: 1,360
  • Tax Year: 2023
  • Tax Amount: $58,000
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.2673
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 61
  • Final Value: 389,938
  • High Value: 494,208
  • Low Value: 285,669

    Market Valuation

  • Market Total Value: $156,700
  • Market Land Value: $14,200
  • Market Improvement Value: $142,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $39,175
  • Assessed Land Value: $3,550
  • Assessed Improvements Value: $35,625

    Sales

  • Current Sale Contract Date: Dec 11, 2020
  • Current Sale Recording Date: Dec 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20044099
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:

$579,000

Sale Price/ft²

$338

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1889 ft²

Average Home Age

22.7 years

Currently For Sale

2363 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: Betsy Reagan, Prime Mountain Properties
Last Updated: 30 days ago
Data Source: Realtracs, MLS# RTC3236674
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 704 Rush Branch Road built and last sold?
The property at 704 Rush Branch Road was built in 1992 and last sold on Dec 11, 2020 for $220,000.
How much is this home worth?
The estimated value of the home located at 704 Rush Branch Road is $292,202.
What are some comparable homes to 704 Rush Branch Road?
There are currently no comparable homes to 704 Rush Branch Road.
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