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Sevier 37863
804 Mill Creek Road
Photo of 804 Mill Creek Road
Sold on Sep 22, 2020

10

Map

Photo of 804 Mill Creek Road
Photo of 804 Mill Creek Road
$48,000
● Land - Off Market

804 Mill Creek Road

Sevierville, TN 37863
bedrooms
Studio
bathrooms
0 Bath
$64,886
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Looking for a nice place on the creek? This 1+/- acre lot is nearly level and the entire back boundary is Mill Creek. There is a 32x24 two car garage/workshop on property as well as an attached storage and large pump house (12 x 12) with storage area. There is an old well and a septic. Neither has been used in many years. The health department has no records on the septic or the well. This property is unrestricted so it would be a great place for your single or double-wide or build your dream home here for a permanent living or vacation. Nice mature trees.
Unit Size
-
Days on Market
24 days
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$7
HOA Dues
-
Year Built
1960

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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: 4 months ago (Realtracs #RTC3277968)

Price History

Date / Event Date Event Price
Sep 22, 2020 Sold
Premium
Sold
Aug 12, 2020 Listed by Key Mountain Realty LLC $48,000
Listed by Key Mountain Realty LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 768
  • Parking Space Count: 3
  • Patio Type: 59
  • Porch Type: 14
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,008
  • Building Area: 1,008

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1000
  • County Land Use Code: 00
  • State Land Use Code: C00
  • Legal Description 1: DISTRICT: 05, COUNTY AREA: I01

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 105
  • District: 05
  • Parcel: 105-068.00
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7587
  • Longitude: -83.5692

    Address

  • Full Address: 804 Mill Creek Rd
  • Address - House Number: 804
  • Address - Street Name: Mill Creek
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Pigeon Forge
  • Carrier Code: R015
  • 4-Digit Zip Code: 4501
  • Zip Code: 37863

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,700
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.0915
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 155,588
  • High Value: 169,835
  • Low Value: 141,341

    Market Valuation

  • Market Total Value: $18,000
  • Market Land Value: $16,400
  • Market Improvement Value: $1,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $4,500
  • Assessed Land Value: $4,100
  • Assessed Improvements Value: $400

    Sales

  • Current Sale Contract Date: Sep 24, 2020
  • Current Sale Recording Date: Sep 25, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20033037
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

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Realtracs

Listed by: Teresa Brooks, Key Mountain Realty LLC
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3277968
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 804 Mill Creek Road built and last sold?
The property at 804 Mill Creek Road was built in 1960 and last sold on Sep 24, 2020 for $48,000.
How much is this home worth?
The estimated value of the home located at 804 Mill Creek Road is $161,499.
What are some comparable homes to 804 Mill Creek Road?
There are currently no comparable homes to 804 Mill Creek Road.
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