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Seller's Agent in 2023
The Maloney Team
Prime Mountain Properties
(865) 719-2755
86 Total Sales
Estimated Value: $647,000 - $758,047
Ridiculous Views AND flat ground!? Yes, that is what this property offers. This is a great short term rental opportunity at a great price for a brand new 3 bedroom cabin. With rental projections of $105-$115,000+, this property would make a great addition to your real estate portfolio. Cabin sits on an acre of flat ground and is positioned in such a way to showcase the amazing mountain views from all areas of the cabin. There is also a beautiful stone fire-pit with poly-wood Adirondack chairs for people to enjoy an evening fire while enjoying the beautiful views. The cabin features 4 full bedrooms with ensuite bathrooms, a large kitchen with plenty of cabinet and countertop space along with leathered granite countertops. The living room/great room has cathedral ceilings, floor to ceiling stone fireplace, and a wall of windows to showcase those mountain views. The cabins of Majestic View have no restrictions and there is no HOA. They are on well and septic so the only utility costs are electric and digital services. Very low overhead! This is a great opportunity in this changing market to take advantage of a property that has the potential of generating 11-14+% ROI (gross rent:purchase price).
Last Agent to Sell the Property
Prime Mountain Properties License #335706 Listed on: 01/12/2023
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Sessions Robert Bradley | $499,000 | Tennessee Land Title |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Sessions Robert Bradley | $449,100 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/28/2023 02/28/23 | Sold | $800,700 | -8.5% | $342 / Sq Ft |
01/28/2023 01/28/23 | Pending | -- | -- | -- |
01/12/2023 01/12/23 | For Sale | $875,000 | -- | $373 / Sq Ft |
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 |
---|---|---|---|---|
2024 | $1,373 | $53,625 | $3,000 | $50,625 |
2023 | $1,373 | $55,375 | $3,000 | $52,375 |
2022 | $1,477 | $57,575 | $12,475 | $45,100 |
2021 | $0 | $57,575 | $12,475 | $45,100 |
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Seller's Agent in 2023
The Maloney Team
Prime Mountain Properties
(865) 719-2755
86 Total Sales
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 255400
APN: 015111 02223