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Sevier 37863
757 Mill Creek Road
Photo of 757 Mill Creek Road
Sold on Oct 30, 2023

29

Map

Photo of 757 Mill Creek Road
Photo of 757 Mill Creek Road
$790,000
● House - Off Market

757 Mill Creek Road

Pigeon Forge, TN 37863
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,048 Ft²
$846,838
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

"Attention" Brand New Construction Cabin Featuring 3 Bedrooms, 2 and 1/2 Baths, Oversized Recreation Area, Soaring Main Level Ceiling with Stack Stone Fireplace that goes all the way up and Huge Oversized Decks. This cabin is located only Minutes from the Pigeon Forge Strip. It would be hard to find a new build this close to all the Action while maintaining a Peaceful and Private Setting. This cabin is Perfect for Relaxing and Chilling after a day of Fun at the Attractions. Lounge on the Huge decks while the kids let out what Steam they have left in Gigantic Recreation Room. Cook a Fabulous Meal with a fully appointed Kitchen or order in for a with duty free meal in front of the Amazing Fireplace. This cabin could be used as a Primary Residence, Second Home, or course, used as an Income Producing Short Term Rental.
Unit Size
2,048 Ft²
Days on Market
-
Land Size
0.80 acres
Price per sqft
$415
Property Type
House
Property Taxes
$4
HOA Dues
-
Year Built
2023

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Cap Rate Calculator

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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: 3 months ago (Realtracs #RTC3289018)

Price History

Date / Event Date Event Price
Oct 30, 2023 Sold
Premium
Sold
Aug 17, 2023 Listed by Century 21 MVP $850,000
Listed by Century 21 MVP

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2023
  • Effective Year Built: 2023
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,848
  • Lot Size Depth Feet: 1,667
  • Lot Size Frontage Feet: 2,347
  • Total Building Area: 2,048
  • Gross Building Area: 2,048
  • Building Area: 2,048
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 2,048
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: NAVICKAS PROPERTY
  • Land Acres: 0000000800
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: NAVICKAS PROPERTY PB 35 PG 210 LOT 5 234.68 X 166.65 IRR

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 105K
  • District: 05
  • Subdivision Tract Number: 5
  • Parcel: 105K-B-005.00
  • Lot: 5
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7598
  • Longitude: -83.5687

    Address

  • Full Address: 757 Mill Creek Rd
  • Address - House Number: 757
  • Address - Street Name: Mill Creek
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Pigeon Forge
  • Carrier Code: R015
  • 4-Digit Zip Code: 4502
  • Zip Code: 37863

Valuation

    Tax

  • Total Area: 1,024
  • Tax Year: 2023
  • Tax Amount: $5,000
  • Tax Rate Code Area: 78A00

    Market Valuation

  • Market Total Value: $461,200
  • Market Land Value: $13,500
  • Market Improvement Value: $447,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $184,480
  • Assessed Land Value: $5,400
  • Assessed Improvements Value: $179,080

    Sales

  • Current Sale Contract Date: Oct 20, 2023
  • Current Sale Recording Date: Oct 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 32245
  • Previous Sale Recording Date: Oct 12, 2022
  • Previous Sale Contract Date: Oct 10, 2022
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: 71
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

1916 ft²

Average Home Age

22.6 years

Currently For Sale

2464 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: Irena McCoy, Century 21 MVP
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3289018
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 757 Mill Creek Road built and last sold?
The property at 757 Mill Creek Road was built in 2023 and last sold on Oct 20, 2023 for $790,000.
How much is this home worth?
The estimated value of the home located at 757 Mill Creek Road is $845,607.
What are some comparable homes to 757 Mill Creek Road?
There are currently no comparable homes to 757 Mill Creek Road.
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