7 months on rocket

Somerset Ln, Sevierville, TN, 37862

$92,500

1.27 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #1261714
Lot Size1.27 Acres
StatusActive

About Somerset Ln

This land presents an outstanding opportunity to acquire 1.27 acres within a well-regarded area. With its generous size, appealing topography and convenient location close to Dollywood and Pigeon Forge, yet, far enough away from the hustle and bustle. This parcel provides the perfect canvas for crafting a personalized oasis in a thriving community. Embrace the potential and envision the limitless possibilities that await on this beautiful piece of land.

Property Details

Property Features

Listing Office:

  • Office Name: Billy Houston Group, Realty Executives
  • Office Phone: (865) 577-7653

Lot Features

Lot Information:

  • Lot: Private, Rolling/Hilly, Wooded, Corner Lot, Irregular Lot
  • Lot Size: 1.27 Acres

Other

Directions Information:

  • Directions: Dolly Parton Parkway to Right on Middle creek Rd. Turn Right onto Veteran's Blvd. Left onto Middle Creek Rd. Left onto Ernest McMahan Road. Slight Right onto Pullen Road. Left onto Canterbury Downs Road. Left on Somerset. Home is at the Corner of Somerset Road and Valley Woods Rd. Sign on Property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $92,500
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Housing Market Comparison

See how this home compares to others in Sevierville, TN.

Med. Sold Price

$475K

Med. Price/SqFt

$278

Avg. Days On Market

69

# of Sold Homes

39

Somerset Ln vs Sevierville

233 DAYS ON ROCKET

+164 Days

$92,500

-$382.5K Less

KEY TAKEAWAY

This property is $382.5K less than the Median Sold Price in Sevierville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1261714

Listing Office:

  • Office Name: Billy Houston Group, Realty Executives
  • Office Phone: (865) 577-7653

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

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Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 5:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 22, 2006Home Sold
$55,000
Oct 24, 2006Home Sold
$237,000
May 17, 2005Home Sold
$35,000
Jun 07, 2004Home Sold
$29,000
Dec 12, 1988Home Sold
$17,500
Dec 09, 1988Home Sold
$17,500

History based on county public records data.

Payment Calculator

$529

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$344

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1031934
2
/10
  • Sevierville Intermediate School

  • 416 High St

  • 3.48 miles

  • Public District Grades 3-5

school-card-donut-1031935
5
/10
  • Catons Chapel Elementary School

  • 3135 Catons Chapel Rd

  • 3.67 miles

  • Public District Grades PK-6

school-card-donut-1031936
5
/10
  • Catlettsburg Elementary School

  • 1409 Catlettsburg Rd

  • 6.60 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,939. The most common annual income of people living in Sevierville, TN is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Sevierville, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Sevierville, TN?

Sevierville's housing market is diverse, offering a mix of residential options that cater to a range of preferences. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles that include rustic cabins, contemporary designs, and traditional brick homes. The market also features condominiums and townhouses, providing alternatives for those seeking a more communal living experience or lower maintenance properties. The area has seen a variety of development phases, with many homes dating back to the late 20th century, reflecting the town's growth during that period.

Is Sevierville, TN a good place to live?

Sevierville is celebrated for its small-town charm and proximity to natural attractions, including the Great Smoky Mountains National Park. The community prides itself on a family-friendly atmosphere and a strong sense of local heritage, with annual events that showcase regional music, crafts, and cuisine. The town's character is further enriched by its historical sites and the presence of local businesses that contribute to its unique identity.

Are things conveniently located in Sevierville, TN?

The community is served by a network of public schools, including several elementary, middle, and high schools, as well as private educational institutions that offer alternative learning environments. Healthcare services are accessible, with local clinics and a hospital that provides emergency care, outpatient services, and specialized medical treatments. Sevierville also boasts a public library system that supports lifelong learning and community engagement. Retail and dining options are abundant, ranging from local boutiques and eateries to well-known chains, reflecting both the town's culture and its appeal to visitors.

What does the transportation in Sevierville, TN look like?

Transportation in Sevierville includes a variety of options for residents and visitors. The town's layout facilitates private vehicle use, with a network of roads connecting to major highways for convenient regional travel. Public transportation services are available, offering routes that connect key areas of the town and surrounding attractions. The community's walkability varies by area, with the downtown district being particularly pedestrian-friendly. Ride-sharing services are operational in Sevierville, providing an alternative mode of transport for those without access to a private vehicle.

Frequently Asked Questions About Somerset Ln

What is the listing price of this property?

The listing price of Somerset Ln property is $92,500.

What type of property is this?

The property Somerset Ln is land located in Sevierville, Tennessee, 37862.

Is this property for sale now?

Active Listing: Somerset Ln is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on November 22, 2006 for $55,000. (source: MLS/tax record).

How much acreage is this property?

The property Somerset Ln is 1.27 acres.
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Rocket HomesTennesseeSevier CountySevierville37862Somerset Ln

This home is located at Somerset Ln in Sevierville, TN and zip code 37862. This home sits on a 1.27 acre lot. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $92,500.

Over 5 listings were sold over their listed price in November 2024 in Sevierville, TN. In the same period over 24 listings were sold below the listed price and 10 listings were sold for the listed price. The inventory of homes for sale in Sevierville, TN between October 2024 and November 2024 increased by 7.4%. While the average time on the market in November 2024 was 69 days, the median list price was $475,000.

From Rocket Homes Real Estate and based on county public records data.

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