NOT LISTED FOR SALE

230 Hardin Ln Sevierville, TN 37862

Estimated Value: $4,914,000

-- Bed
45 Baths
22,017 Sq Ft
$223/Sq Ft Est. Value

Last Sold December 30, 2015

Last sale price $1,700,000 $77 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $26,552/month

42 Days on Market

Highlights

  • Balcony
  • Central Heating
  • Vinyl Flooring
  • Gatlinburg Pittman High School Rated A-

About This Home

As of December 2015

30 Units - 6 Years Young - Close-In Sevierville Location, Park Like Setting. River Rock Apartments is an excellent mix of 1's 2's & 3 bedroom units with strong historical occupancy. Well designed, with every unit submetered so residents pay all utilities including water. First floor units enjoy polished concrete floors for low cost upkeep. Second and third floor apartments have VCT commercial quality flooring and laminate floors, for savings on maintenance. Upper units enjoy balconies with terrific river views. Some units feature washer/dryer connections. Loads of parking, convenient to both the Parkway and Hwy 66 and onsite coin laundry helps these modern units attract & keep qualified local occupants. Square footage is from appraisal, is not guaranteed & should be verified by Buyer.

Last Agent to Sell the Property

Solange Velas

Goldman Partners Realty, LLC License #263596 Listed on: 08/20/2015

Last Buyer's Agent

Wayne Rutherford

Crye-Leike Realtors-Athens

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,833

Year Built

  • Built in 2009

Lot Details

  • 1.29

Home Design

  • 22,017 Sq Ft Home
  • Brick Exterior Construction

Flooring

  • Laminate
  • Vinyl

Additional Features

  • Dishwasher
  • Balcony
  • Central Heating

Listing and Financial Details

  • The owner pays for trash collection, supplies, taxes, insurance, lawn maintenance
  • Assessor Parcel Number 049j A 003.00

Community Details

Overview

  • 30 Units

Building Details

  • Operating Expense $58,671
  • Net Operating Income $147,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,833

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Directions: Take HWY 66 and turn right onto Main Street. Just past Hardees make a left onto Hardin Lane. Property will be on your left in just a short distance. Property sign says ''River Rock Apartments''. No sale sign on property.
  • Prop. Type: Multi-Family
  • Year Built: 2009
  • Lot Size: 1.29 acres
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Owner Pays: Trash Collection, Supplies, Taxes, Insurance, Lawn Maintenance
  • Flooring: Laminate, Vinyl

Exterior Features

  • Exterior Features: Balcony
  • Construction Type: Brick

Utilities

  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Parcel #: 049j A 003.00

Multi Family

  • Number Of Units Total: 30
  • Annual Gross Income: 224748.0
  • Property Net Operating Income: 147800.0
  • Annual Operating Expense: 58671.0

Tax Info

  • Tax Annual Amount: 1832.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2015
Closed on
Dec 30, 2015
Sold by
Fortune Mark C
Bought by
Jms Management Llc
Seller's Agent
Solange Velas
Goldman Partners Realty, LLC
Buyer's Agent
Solange Velas
Goldman Partners Realty, LLC
Sold Price
$1,700,000
Current Estimated Value
$4,914,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,214,000

Purchase Details

Closed on
Mar 23, 2015
Sold by
Jms Managemen Llc
Bought by
Jms Managemen Llc

Purchase Details

Closed on
Jul 25, 2008
Bought by
Fortune Mark C and Fortune Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,346,250
Interest Rate
6.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 21, 2002
Sold by
Wade Gary R
Bought by
Wade Dwight R

Purchase Details

Closed on
Jul 18, 1996
Sold by
Wade Gary R and Wade Sandra F
Bought by
East Tennessee Foundation
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jms Management Llc $1,700,000 --
Jms Managemen Llc -- --
Fortune Mark C $220,000 --
Wade Dwight R -- --
East Tennessee Foundation $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner East Tennessee Foundation $1,346,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2015 12/30/15 Sold $1,700,000 -- $77 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,988 $703,880 $44,600 $659,280
2024 $5,988 $703,880 $44,600 $659,280
2022 $5,988 $703,880 $44,600 $659,280
2021 $13,411 $703,880 $44,600 $659,280
2020 $16,461 $703,880 $44,600 $659,280
2019 $16,461 $698,360 $44,880 $653,480
2018 $16,461 $698,360 $44,880 $653,480
2017 $16,461 $698,360 $44,880 $653,480
2016 $15,155 $698,360 $44,880 $653,480
2015 -- $591,280 $0 $0
2014 $11,470 $591,251 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Solange Velas

    Seller's Agent in 2015

    Solange Velas

    Goldman Partners Realty, LLC

    (865) 444-3240

    1 in this area

    152 Total Sales

    Solange Velas
    Section Image

  • W

    Buyer's Agent in 2015

    Wayne Rutherford

    Crye-Leike Realtors-Athens

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 937409

East Tennessee REALTORS® MLS

APN: 049J-A-003.00

Tennessee Sevier County Sevierville 37862

230 Hardin Ln, Sevierville, TN

This home is located at 230 Hardin Ln, Sevierville, TN 37862 since 20 August 2015 and is currently priced at $4,914,000, approximately $223 per square foot. This property was built in 2009. 230 Hardin Ln is a home located in Sevier County with nearby schools including Northview Elementary School, Catons Chapel Elementary School, and Jones Cove Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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