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Sevier 37738
805 Piney Butt Loop
Photo of 805 Piney Butt Loop
Sold on Jul 16, 2021

13

Map

Photo of 805 Piney Butt Loop
Photo of 805 Piney Butt Loop
$600,000
● House - Off Market

805 Piney Butt Loop

Gatlinburg, TN 37738
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,730 Ft²
$693,460
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

New Construction 2brm 2.5bath 1820 sq ft. Great location!  As with all real estate transactions Buyers should do their own due diligence and verify all information independently, including possible HOA info. Purchase title insurance, get a survey, and any other inspections available. Most information has been taken from tax records and/or seller and not verified by listing agent/company.
Unit Size
2,730 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$220
Property Type
House
Property Taxes
$14
HOA Dues
$38
Year Built
2021

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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: 3 months ago (Realtracs #RTC3277963)

Price History

Date / Event Date Event Price
Jul 16, 2021 Sold
Premium
Sold
Aug 18, 2020 Listed by Mountain Realty Group $600,000
Listed by Mountain Realty Group

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: 6
  • Building Quality: 6
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 2
  • Basement Area: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 167
  • Lot Size Frontage Feet: 3,499
  • Total Building Area: 2,808
  • Gross Building Area: 2,808
  • Building Area: 2,808
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 2,808
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: CHALET VILLAGE NORTH
  • Land Acres: 0000001000
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: CHALET VILLAGE NORTH PB 0018 PG 0061 LOT 0000 349.85 X 16.74 IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 081103

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 126B
  • District: 11
  • Parcel: 126B-A-040.00
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7221
  • Longitude: -83.5357

    Address

  • Full Address: 805 Piney Butt Loop
  • Address - House Number: 805
  • Address - Street Name: Piney Butt
  • Address - Suffix Type: Loop
  • State: TN
  • City Name: Gatlinburg
  • Zip Code: 37738

Valuation

    Tax

  • Total Area: 936
  • Tax Year: 2023
  • Tax Amount: $376,200
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 621,381
  • High Value: 906,678
  • Low Value: 336,083

    Market Valuation

  • Market Total Value: $635,500
  • Market Land Value: $67,500
  • Market Improvement Value: $568,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $254,200
  • Assessed Land Value: $27,000
  • Assessed Improvements Value: $227,200

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Jul 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21025902
  • Previous Sale Recording Date: Aug 10, 2020
  • Previous Sale Contract Date: Jul 31, 2020
  • Previous Sale Amount: $117,500
  • 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:

$579,900

Sale Price/ft²

$338

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1887 ft²

Average Home Age

22.8 years

Currently For Sale

2359 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: Michael McConnell, Mountain Realty Group
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3277963
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 805 Piney Butt Loop built and last sold?
The property at 805 Piney Butt Loop was built in 2021 and last sold on Jul 15, 2021 for $600,000.
How much is this home worth?
The estimated value of the home located at 805 Piney Butt Loop is $624,423.
What are some comparable homes to 805 Piney Butt Loop?
There are currently no comparable homes to 805 Piney Butt Loop.
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