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Sevier 37862
943 Falcon View Way
Photo of 943 Falcon View Way
Sold on Mar 19, 2021

36

Map

Photo of 943 Falcon View Way
Photo of 943 Falcon View Way
$690,000
● House - Off Market

943 Falcon View Way

Sevierville, TN 37862
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,163 Ft²
$839,346
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

4 Bedroom,3 Bath cabin with an amazing view of the Mountains all year round! This cabin boasts of 3 decks, a loft gameroom, a lower level media area, a full bath on each level and a great central location. 10 minutes from town makes this the ideal investment property!
Unit Size
2,163 Ft²
Days on Market
-
Land Size
0.95 acres
Price per sqft
$312
Property Type
House
Property Taxes
$105
HOA Dues
-
Year Built
2005

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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: 2 months ago (Realtracs #RTC3301406)

Price History

Date / Event Date Event Price
Mar 19, 2021 Sold
Premium
Sold
Jan 29, 2021 Listed by eXp Realty $675,000
Listed by eXp Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 3
  • Basement Area: 832
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 37,897
  • Lot Size Depth Feet: 2,373
  • Lot Size Frontage Feet: 3,693
  • Total Building Area: 2,496
  • Gross Building Area: 2,496
  • Building Area: 2,496
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 2,496
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: FALCON VIEW II
  • Land Acres: 0000000870
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: FALCON VIEW II PB 30 PG 152 LOT 4-F 369.27 X 237.33 IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 081002

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 094I
  • District: 05
  • Parcel: 094I-A-012.00
  • Lot: 4F
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7813
  • Longitude: -83.59

    Address

  • Full Address: 943 Falcon View Way
  • Address - House Number: 943
  • Address - Street Name: Falcon View
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 832
  • Tax Year: 2023
  • Tax Amount: $173,300
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 487,128
  • High Value: 710,785
  • Low Value: 263,470

    Market Valuation

  • Market Total Value: $292,700
  • Market Land Value: $50,000
  • Market Improvement Value: $242,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $117,080
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $97,080

    Sales

  • Current Sale Contract Date: Mar 19, 2021
  • Current Sale Recording Date: Mar 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21009958
  • Previous Sale Recording Date: May 31, 2019
  • Previous Sale Contract Date: May 30, 2019
  • Previous Sale Amount: $300,000
  • 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:

$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: Janet E. Ingram, eXp Realty
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3301406
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 943 Falcon View Way built and last sold?
The property at 943 Falcon View Way was built in 2005 and last sold on Mar 19, 2021 for $690,000.
How much is this home worth?
The estimated value of the home located at 943 Falcon View Way is $687,744.
What are some comparable homes to 943 Falcon View Way?
There are currently no comparable homes to 943 Falcon View Way.
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