231-233 Rivers Edge Lane
Closed 11/27/23
Closed 11/27/23
Description
Ideally located within Sevierville city limits just behind the Sevier County High School, this well maintained ranch style side x side duplex has existing long term tenants currently on month to month rentals. Each unit has an open floor plan with 2 bedrooms, 1 bath, modern kitchen appliances, dining area and utility/laundry room with washer and dryer connections, plenty of storage and their own individual carports. A great feature of this fabulous multi-family investment property is it being on...Ideally located within Sevierville city limits just behind the Sevier County High School, this well maintained ranch style side x side duplex has existing long term tenants currently on month to month rentals. Each unit has an open floor plan with 2 bedrooms, 1 bath, modern kitchen appliances, dining area and utility/laundry room with washer and dryer connections, plenty of storage and their own individual carports. A great feature of this fabulous multi-family investment property is it being on a corner lot with a huge back-yard open space in a quiet centrally located suburb so close to schools, shops, restaurants, health facilities, airport, services, entertainment venues and everything the Great Smoky Mountains, Sevierville, Pigeon Forge, Gatlinburg and the area surround has to offer.
LISTING CLOSED: 11/27/2023 12:00 AM
- Listed by Randy Todd Bable • 10 Realty, LLC
Property Details for 231-233 Rivers Edge Lane
Status
MLS #
1241019
Days on Market
3
Taxes
$1,392 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family
Year Built
1984
Lot Size
0.00 AC / 0 SF
County
Sub division Name
River Trace
Location
Listing Courtesy of 10 Realty, LLC, Randy Todd Bable
Sold By 10 Realty, LLC, Randy Todd Bable (865.216.8011)
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Building Information for 231-233 Rivers Edge Lane
Stories-Residences2Year Built1984Building Size-Lot Size0.00 AC / 0 SF
Payment Calculator
$1,722 per month
30 year fixed, 6.55% Interest
Principal and Interest
$1,606
Property Taxes
$116
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
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1Property Information for 231-233 Rivers Edge Lane
Summary
Location and General Information
- City: Sevierville
- County Or Parish: Sevier County - 27
- Directions: Head east on Dolly Parton Pkwy from downtown Sevierville and turn left onto Old Newport Hwy to go behind Sevier County High School. Follow along the river and turn left onto Rivers Edge Ln into Rivers Trace community. Drive down a couple of blocks to Duplex which is on corner of Sandy Bottom Circle and Rivers Edge Ln.
- Latitude: 35.870099
- Longitude: -83.527065
- MLS Area Major: Sevier County - 27
- MLS Area Minor: Sevier County - 27
- Postal Code: 37862
- State Or Province: TN
- Location Tax Legal Info Area: Sevier County - 27
- Remarks Misc Directions: Head east on Dolly Parton Pkwy from downtown Sevierville and turn left onto Old Newport Hwy to go behind Sevier County High School. Follow along the river and turn left onto Rivers Edge Ln into Rivers Trace community. Drive down a couple of blocks to Duplex which is on corner of Sandy Bottom Circle and Rivers Edge Ln.
Parking
- Attached Garage: Yes
- Parking Features: Individual Carports, Attached, Carport, Off-Street Parking, Side/Rear Entry
- General Property Description Driveway: 2
- Garage Parking Attached: True
- Garage Parking Carport: True
- Garage Parking Individual Carports: True
- Garage Parking Off-Street Parking: True
- Garage Parking SideRear Entry: True
School Information
- Elementary School: Sevierville Primary
- High School: Sevier County
- Middle Or Junior School: Sevierville
- Location Tax Legal Info Elementary School: Sevierville Primary
- Location Tax Legal Info Middle School: Sevierville
- Location Tax Legal Info High School: Sevier County
Taxes and HOA Information
- Association Fee: 0.0
- Tax Block: C
- Parcel Number: 050J B 018.00
- Owner Expenses Taxes: True
- Location Tax Legal Info Total Tax: 1392.47
Virtual Tour
- Virtual Tours Count: 0
Property
Lot Information
- Lot Size Area: 0.0
- Lot Size Square Feet: 0.0
- Year Built: 1984
- Building Area Total: 1728.0
- Living Area Source: Tax Records
- Lot Size Acres: 0.0
- Lot Size Dimensions: 132x84x103x97x26
- General Property Description SqFt - Source: Tax Records
- General Property Description Lot Dimensions: 132x84x103x97x26
Property and Assessments
- Possession: At Closing
- Property Type Label: Multi-Family
- Floor Plans Count: 0
- Property Type: Multi-Family
- Possession At Closing: True
Utilities
- General Property Description UtilitiesMo Avg: 0.0
- Fuel Electric: True
- Misc Features Internet Available: True
- Miscellaneous TV Cable Available: True
- Miscellaneous Utility Room: True
- Miscellaneous WasherDryer Cnctns: True
Interior and Exterior Features
Exterior Features
- Construction Materials: Shingle Shake, Brick
- Siding Shingle Shake: True
- Miscellaneous Storage Space: True
Interior Features
- Bathrooms Total Integer: 0
- Cooling Details: Yes
- Kitchen Appliances: Dishwasher, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave
- Flooring: Carpet, Vinyl, Tile
- Heating: Yes
- Cooling Ceiling Fan(s): True
- Cooling Central Cooling: True
- Floors Carpet: True
- Floors Tile: True
- Floors Vinyl: True
- Heat Central: True
- Appliances Dishwasher: True
- Appliances Microwave: True
- Appliances Range: True
- Appliances Refrigerator: True
- Appliances Self Cleaning Oven: True
- Appliances Smoke Detector: True
- Other Rooms Mstr Bdrm Main Level: True
- Roof Shingle: True
- Misc Features WasherDryer Connect: True
Multi Family
Income & Expenses Information
- Gross Income: $15,000.00
- OperatingExpense: $3,589.00
Multi-Family Information
- Number Of Units Total: 2
- Type of Units 2 Bedroom Unit: True
- Type of Units Unfurnished: True
- Income Expenses Gross Annual Income: 15000.0
- Income Expenses Annual Oper Expenses: 3589.0
Unit 1
- Unit 1 Unit Number: 231
- Unit 1 Beds Total: 2
- Unit 1 Squarefeet: 891.0
- Unit 1 Furnished: Unfurnished
Unit 2
- Unit 2 Unit Number: 233
- Unit 2 Beds Total: 2
- Unit 2 Squarefeet: 891.0
- Unit 2 Furnished: Unfurnished
Rental
Rent Information
- General Property Description Number of Units Leased: 2.0
- General Property Description Restrictions: Yes
- General Property Description Lease Information: Long term tenants occupy. Currently on month to month
- Tenant Expenses Cooling: Central Cooling,Ceiling Fan(s)
- Tenant Expenses Heating: Central,Electric
- Tenant Expenses Tenant Pays All Utilities: True
Property History for 231-233 Rivers Edge Lane
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Nov 27, 2023 | Closed KAARMLS #1241019 | $316,000 | — |
| Sep 30, 2023 | Contract - Not Showing KAARMLS #1241019 | — | |
| Sep 27, 2023 | Listed (Active) KAARMLS #1241019 | $325,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 11/27/2023 | Closed KAARMLS #1241019 | $316,000 |
| 09/30/2023 | Contract - Not Showing KAARMLS #1241019 | — |
| 09/27/2023 | Listed (Active) KAARMLS #1241019 | $325,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Schools near 231-233 Rivers Edge Lane
This home is within Sevier County School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 1 | |||
| Public - | 6 to 8 | |||
| Public - | 10 to 12 | |||
| Public - | 4 to 6 |
Rating | School | Distance |
|---|---|---|
Sevierville Primary School PublicPK to 1 | ||
Sevierville Middle School Public6 to 8 | ||
Sevier County High School Public10 to 12 | ||
Sevierville Intermediate School Public4 to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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$1,259,900
- 5
- Bedrooms
- 10
- Bathrooms
- 5,104
- Square Feet
- 2.25
- Acres
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 231-233 Rivers Edge Lane, Sevierville, TN 37862 | $316,000 | – | – | 1,728 | 0 |
$316,000 | – | 2 | 1,728 | – | |
$165,000 | – | 2 | 1,728 | 20,380 | |
$125,000 | – | 2 | 1,296 | 14,671 | |
$136,000 | – | 2 | 1,728 | 5,445,000 | |
$182,500 | – | 3 | 1,952 | 6,011,280 | |
$170,000 | 3 | 2 | 1,296 | 34,848 | |
$127,000 | – | 2 | 1,082 | 4,225,320 | |
$136,000 | – | 1 | 1,230 | 6,490,440 | |
$130,000 | – | 1 | 1,100 | 3,702,600 | |
$132,000 | – | 2 | 1,296 | 4,356,000 | |
$165,000 | – | 2 | 1,728 | 4,356,000 | |
– | – | 2 | 1,040 | 4,356,000 | |
$125,000 | – | 2 | 1,215 | 5,445,000 | |
– | – | 1 | 1,008 | 4,225,320 | |
$105,000 | 3 | 2 | 1,207 | 15,246 |
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of 10 Realty, LLC, Randy Todd Bable
The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 11/28/2023 09:52 AM