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615 Rainbow Rd, Sevierville, TN, 37862

$1,300,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
5 Full Baths, 1 Partial
3,000 SqFt
$433/SqFt
House
Schools Nearby

Location

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615 Rainbow Rd, Sevierville$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingOff-Street Parking
Year Built2024
HeatingCentral, Electric
CoolingCentral Air
BasementYes
FireplaceGas Log
MLS #1261970
Lot Size0.56 Acres
StatusActive

About 615 Rainbow Rd

Brand New Construction in the Heart of the Smokies Anticipated completion in mid-July, this brand-new construction boasts exceptional craftsmanship and captivating design. Every detail is meticulously planned, featuring an alluring blend of modern amenities and Smokies charm. All interior spaces are adorned with beautiful tongue and groove woodwork, creating a warm and inviting ambiance. The Spacious layout is designed for family comfort and relaxation. Multiple bedrooms and bathrooms offer ample space for large groups or families. Enjoy a range of entertainment options, from a cozy fireplace perfect for chilly mountain nights to the game room for friendly competitions. Expansive decks invites guests to savor the fresh mountain air and breathtaking landscapes. This property is an ideal investment opportunity for those seeking a lucrative overnight rental. Its prime location and luxurious amenities promise a high demand for visitors seeking an unforgettable Smoky Mountain getaway. Embrace the allure of the Smokies and own a piece of paradise. Don't miss the chance to make this exceptional overnight rental cabin yours! Note: Cabin to be sold fully furnished!

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin
  • Year Built: 2024
  • Living Area: 3,000 SqFt

Listing Office:

  • Office Name: ReMax Preferred Properties, Inc
  • Office Phone: (865) 609-6009

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Microwave
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Interior: Cathedral Ceiling(s), Eat-in Kitchen
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Porch - Covered

Parking Information:

  • Attached Garage: No
  • Parking: Off-Street Parking

Lot Features

Lot Information:

  • Lot: Irregular Lot
  • Lot Size: 0.56 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Pigeon Forge High School, Public District Grades 9-12
  • Sevier County High School, Public District Grades 9-12
  • Gary Hardin Academy, Public District Grades 9-12
  • Pigeon Forge Middle School, Public District Grades 5-8
  • Sevierville Middle School, Public District Grades 6-8
  • Catons Chapel Elementary School, Public District Grades PK-8
  • Sevierville Intermediate School, Public District Grades 3-5
  • Pigeon Forge Primary School, Public District Grades PK-4
  • Catlettsburg Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Collier Road to Rainbow Road. The property will be on your left AFTER Little Cabin Loop and BEFORE Jed Trail. GPS friendly. Cabin is the first gravel driveway on your left once on Rainbow

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $433/SqFt

Tax Information:

  • Annual Amount: $971
  • Tax Year: 2020
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Housing Market Comparison

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

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Sevierville, TN

City

Med. Sold Price

$483.8K

Med. Price/SqFt

$290

Avg. Days On Market

59

# of Sold Homes

52

615 Rainbow Rd vs Sevierville

34 DAYS ON ROCKET

-25 Days

$1,300,000

+$816.2K More

$433/SqFt

+$142 More

KEY TAKEAWAY

This property is $816.2K more than the Median Sold Price and $142/SqFt more than other homes in Sevierville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1261970

Listing Office:

  • Office Name: ReMax Preferred Properties, Inc
  • Office Phone: (865) 609-6009

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.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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: 6/10/2024, 12:50:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 31, 2019Home Sold
$712,500
Sep 05, 2018Home Sold
$402,900
Jul 23, 2010Home Sold
$170,000

Tax History

YEARPROP. TAXASSESSMENT
2020$971$117,350
2019$971$52,225
2018$971$52,225
2017$967$52,225

History based on county public records data.

Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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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.

Elementary School

school-card-donut-3297036
2
/10

  • Sevierville Intermediate School

  • 416 High St

  • 2.44 miles

  • Public District Grades 3-5

school-card-donut-3297037
3
/10

  • Pigeon Forge Primary School

  • 1766 Waldens Creek Rd

  • 4.64 miles

  • Public District Grades PK-4

school-card-donut-3297038
5
/10

  • Catlettsburg Elementary School

  • 1409 Catlettsburg Rd

  • 5.70 miles

  • Public District Grades KG-6

Middle School

school-card-donut-3297039
4
/10

  • Pigeon Forge Middle School

  • 300 Wears Valley Rd

  • 2.15 miles

  • Public District Grades 5-8

school-card-donut-3297040
3
/10

  • Sevierville Middle School

  • 520 High St

  • 2.36 miles

  • Public District Grades 6-8

school-card-donut-3297041
5
/10

  • Catons Chapel Elementary School

  • 3135 Catons Chapel Rd

  • 6.24 miles

  • Public District Grades PK-8

High School

school-card-donut-3297042
5
/10

  • Pigeon Forge High School

  • 414 Tiger Dr

  • 2.11 miles

  • Public District Grades 9-12

school-card-donut-3297043
5
/10

  • Sevier County High School

  • 1200 Dolly Parton Pkwy

  • 3.22 miles

  • Public District Grades 9-12

school-card-donut-3297044
3
/10

  • Gary Hardin Academy

  • 2540 Boyds Creek Hwy

  • 8.68 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,767. Typical income of Sevierville, TN residents is less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 615 Rainbow Rd

What is the listing price of this property?

The listing price of 615 Rainbow Rd property is $1,300,000.

What type of property is this?

The property 615 Rainbow Rd is a house located in Sevierville, Tennessee, 37862.

Is this property for sale now?

Active Listing: 615 Rainbow Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 615 Rainbow Rd are:
Sevierville Intermediate School: GreatSchools Rating 2/10
Pigeon Forge Primary School: GreatSchools Rating 3/10
Catlettsburg Elementary School: GreatSchools Rating 5/10
Pigeon Forge Middle School: GreatSchools Rating 4/10
Sevierville Middle School: GreatSchools Rating 3/10
Catons Chapel Elementary School: GreatSchools Rating 5/10
Pigeon Forge High School: GreatSchools Rating 5/10
Sevier County High School: GreatSchools Rating 5/10
Gary Hardin Academy: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $971 (source: MLS/based on county public records data).

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

The last sale was on December 31, 2019 for $712,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 615 Rainbow Rd has 4 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 615 Rainbow Rd is 3,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 615 Rainbow Rd is 2024.

Rocket Homes›Tennessee›Sevier County›Sevierville›37862›615 Rainbow Rd

This home is located at 615 Rainbow Rd in Sevierville, TN and zip code 37862. This 3,000 square foot home, which was built in 2024, sits on a 0.56 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 06, 2024 and is currently priced at $1,300,000.

In May 2024 more than 5 listings in Sevierville, TN were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 37 were sold below. In May 2024 in Sevierville, TN there were 12.3% more homes for sale than in April 2024. The median list price of listings available in May 2024 was $483,800, while the average time on the real estate market was 59 days.

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

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