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Multiple Union Dell Court, Union Hill Subdivision, Sevierville, TN 37876
$1,468,800
Property Type:
Commercial Sale
Square Footage:
10,122
Lot Size (sq. ft.):
1,110,344
Status:
Closed
Current Price:
$1,468,800
List Date:
4/26/2021
Last Modified:
8/23/2024
Overview
Description
Fantastic Opportunity income producing property for an investor / developer! This listing represents 9 single family homes, 21 individual building lots with natural gas, water and sewer, and 14 raw acres also with natural gas, water, and sewer access. The properties are all in Union Hill Subdivision situated approximately 2 miles from downtown Sevierville. A lot of the property has elevation creating sweeping views of the Smoky Mountains. The properties have been long term rentals historically. However, they can also be utilized for overnight rentals. The environment is peaceful and the land is serene. The homes are all in good condition, and currently rented. There are two properties with year to year leases and tenant rights. The remaining seven are month to month leases. The lots are all in close proximity to each other and would make development ideal for a contractor to build out with one convenient staging area. Addresses of the single family homes are as follows - 1. 802 Union Dell Court / Union Hill Phase II, 2. 809 Union Crest Court / Union Hill Phase II, 3. 814 Union Dell Court / Union Hill Phase II, 4. 822 Union Dell Court / Union Hill Phase II, 5. 826 Union Dell Court / Union Hill Phase II, 6. 829 Union Crest Court / Union Hill Phase II, 7. 830 Union Dell Court / Union Hill Phase II, 8. 833 Union Dell Court / Union Hill Phase II, 9. 914 Hill Hollow Drive / Union Hill. Please see associated docs for full legal description of all lots, raw acreage, and homes. Aerial photography was utilized in marketing this listing.
Listing Details MLS# 242094
General Property Information
- Number Of Buildings
- 9
- Lot Size Acres
- 25.49
- Living Area
- 10122
- Year Built
- 2002
- Bonus Room YN
- No
- Sign On Property YN
- No
- List Price/SqFt
- 172.89
- Sold Price/SqFt
- 145.11
Property Features
Basement:
None
Construction Materials:
Frame; Vinyl Siding
Cooling:
Central Air; Electric; Heat Pump
Documents Available:
Covenants; EPA Documents
Heating:
Central; Electric; Heat Pump
Listing Terms:
Cash; Conventional; Fee Simple Improved
Possession:
Close Of Escrow; Other
Road Frontage Type:
County Road
Road Surface Type:
Paved
Utilities:
Cable Available; Electricity Available; Natural Gas Available; Phone Available; Sewer Available; Sewer Connected; Water Available
Showing Requirements:
Appointment Only; Restricted Hours; See Remarks
Location Tax and Legal
- Street Number
- Multiple
- Street Name
- Union Dell
- Street Suffix
- Court
- County
- Sevier
- State
- TN
- Zip Code
- 37876
- Property Sub Type
- Other
- MLS Area Major
- Sevierville
- Subdivision Name
- Union Hill
Contract Information
- Original List Price
- 1980000
- Listing Contract Date
- 2021-04-26
- Owner Name
- B & B
- Listing Agreement
- Exclusive Right To Sell
Remarks and Miscellaneous
- Public Remarks
- Fantastic Opportunity income producing property for an investor / developer! This listing represents 9 single family homes, 21 individual building lots with natural gas, water and sewer, and 14 raw acres also with natural gas, water, and sewer access. The properties are all in Union Hill Subdivision situated approximately 2 miles from downtown Sevierville. A lot of the property has elevation creating sweeping views of the Smoky Mountains. The properties have been long term rentals historically. However, they can also be utilized for overnight rentals. The environment is peaceful and the land is serene. The homes are all in good condition, and currently rented. There are two properties with year to year leases and tenant rights. The remaining seven are month to month leases. The lots are all in close proximity to each other and would make development ideal for a contractor to build out with one convenient staging area. Addresses of the single family homes are as follows - 1. 802 Union Dell Court / Union Hill Phase II, 2. 809 Union Crest Court / Union Hill Phase II, 3. 814 Union Dell Court / Union Hill Phase II, 4. 822 Union Dell Court / Union Hill Phase II, 5. 826 Union Dell Court / Union Hill Phase II, 6. 829 Union Crest Court / Union Hill Phase II, 7. 830 Union Dell Court / Union Hill Phase II, 8. 833 Union Dell Court / Union Hill Phase II, 9. 914 Hill Hollow Drive / Union Hill. Please see associated docs for full legal description of all lots, raw acreage, and homes. Aerial photography was utilized in marketing this listing.
- Directions
- From Sevierville take Allensville Road 1.5 Miles to a left onto Kellum Creek Road. Travel .4 Miles to a slight Left into Union Hill Subdivision. There are apartments and storage buildings at this turn. Properties are scattered throughout Union Hill on Union Dell Court, Union Crest Court, and Hill Hollow Drive.
Status Change Information
- Major Change Timestamp
- 2021-08-25T05:39:27Z
- Major Change Type
- Status Change
- Price Change Timestamp
- 2021-06-04T19:52:16Z
- Status Change Timestamp
- 2021-08-25
- Purchase Contract Date
- 2021-07-16
- Close Date
- 2021-08-25
- Close Price
- 1468800
- Buyer Financing
- Seller Financing
More Information
Currently Not Used
- Book/Page/Doc #
- 2694, 813/806
Showing Requirements
- Showing Instructions
- Information gathered from various sources including tax information. Buyer should verify all information contained herein with appropriate inspections prior to purchase. Showings on the homes shall be scheduled with an acceptable contract to purchase. The showings will be considered part of buyers due diligence to respect tenants privacy. Please call Adam Lane at 865-765-1606 with additional questions about the property. Recorded Subdivision Plat map, restrictions, sewer and water map, property breakdown and legal descriptions, and a marked CRS Plat are all in associated docs along with required disclosures.
- Appointment Only
- Yes
- Restricted Hours
- Yes
- See Remarks
- Yes
Location, Tax, and Legal
- Street Additional Info
- Union Hill Subdivision
- Restrictive Covenants YN
- Yes
- Zoning
- R-2
- Zoning Entity
- Sevier County
- Parcel Number
- Multiple
- Tax Lot
- Multiple
- Tax Annual Amount
- 6286
- Tax Year
- 2019
Basement
- None
- Yes
Construction Materials
- Frame
- Yes
- Vinyl Siding
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
- Heat Pump
- Yes
Documents Available
- Covenants
- Yes
- EPA Documents
- Yes
Heating
- Central
- Yes
- Electric
- Yes
- Heat Pump
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Fee Simple Improved
- Yes
Possession
- Close Of Escrow
- Yes
- Other
- Yes
Road Frontage Type
- County Road
- Yes
Road Surface Type
- Paved
- Yes
Utilities
- Cable Available
- Yes
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
- Sewer Available
- Yes
- Sewer Connected
- Yes
- Water Available
- Yes
Listing Office:
Keller Williams Smoky Mountain
Last Updated: August - 23 - 2024
Information deemed reliable but not guaranteed.