LOT 37/38 Alpine Dr, Sevierville, TN 37876#
Sevierville, TN 37876 | Sevier County
Key Metrics#
| Metric | Value |
|---|
| Investment Score | 79/100 |
| Asking Price | $12,000 |
| Acreage | 1.2 acres |
| Price/Acre | $9,677/ac |
| County Median $/Ac | $59,131/ac |
| vs County Median | 16.4% |
| Days on Market | 133 |
| Flood Zone | Unknown |
| HOA | Unknown |
| Broker | Crye-Leike Realtors, South |
| Listing Type | FSBA |
Motivation Signals#
- 133 days on market
- Absentee owner
| Field | Value |
|---|
| Owner | JOSEPH D KING |
| Owner 2 | LEONORA KING |
| Mailing Address | 1450 ALPINE DR, SEVIERVILLE, TN 37876-9267 |
| Assessed Value | $1,350 |
| Market Value | $5,400 |
| Annual Tax | $20 (2025) |
| Parcel # | 054F G 02400 |
| Zoning | Residential |
| Legal | DISTRICT: 01, COUNTY AREA: E02 |
Asking/Assessed Ratio: 8.89 (above assessed)
Offer Strategy#
| Level | Offer Price | % of Asking |
|---|
| Aggressive | $6,000 | 50% |
| Standard | $7,200 | 60% |
| Conservative | $8,400 | 70% |
Owner-Finance Projections#
Based on buying at $7,200 (standard offer), selling at 10% interest over 7 years
| Metric | Value |
|---|
| Sale Price (2.5x) | $18,000 |
| Down Payment (15%) | $2,700 |
| Financed Amount | $15,300 |
| Monthly Payment | $254 |
| Total Cash Received | $24,036 |
| Total Invested | $7,600 |
| Gross Profit | $16,436 |
| ROI | 216% |
Due Diligence Links#