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  • $575,000

    316 Court Ave, Sevierville, TN 37862

    2beds
    2,346sqft
    Single Family Residence, Residential
    Built in 1950
    3,484 Square Feet Lot
    $595,200 Zestimate®
    $245/sqft
    $3,068 Estimated rent

    Home value

    $595,200

    $565,000 - $625,000

    $3,068/mo

    Zestimate® history
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    $3,344/mo

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    What's special

    ENDLESS OPPORTUNITY awaits in this historic building located in the heart of Historic Downtown Sevierville. Offering exceptional investment potential, this unique property combines immediate income with outstanding commercial possibilities. The fully finished upper level is currently operating as a successful short-term rental, generating over $39,000 in annual gross rental income in 2025, and features two bedrooms, two full bathrooms, a spacious living room/game area, and a well-appointed kitchen with stainless steel appliances. The lower level is unfinished and commercially zoned, providing a blank canvas for a wide variety of business opportunities, including retail, office, restaurant, or boutique space. Situated in one of Sevierville's most desirable downtown locations, this property offers the rare opportunity to own a mixed-use building with both established income and significant upside potential. Whether you're looking to expand your investment portfolio or create your own downtown business, this property is ready to bring your vision to life.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tonja Doty 865-588-3232,

    Realty Executives Associates,

    Alli Lynn Mash,

    Realty Executives Associates

    Bought with:

    Jennie Ooten, 363135

    United Real Estate Solutions

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3610724MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator
    • Laundry: Washer Hookup, Electric Dryer Hookup
    Features
    • Ceiling Fan(s)
    • Flooring: Wood, Tile
    • Basement: Crawl Space
    • Has fireplace: No
    Interior area
    • Total structure area: 2,346
    • Total interior livable area: 2,346 sqft
    • Finished area above ground: 2,346

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch, Covered
    • Has view: Yes
    • View description: Mountain(s), City
    Lot
    • Size: 3,484 Square Feet
    • Dimensions: 54 x 57 IRR
    • Features: Level
    • Topography: Level
    Details
    • Parcel number: 049N A 03400 000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence, Residential
    Materials
    • Other
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available, Water Available

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    HOA
    • Amenities included: Sidewalks
    Location
    • Region: Sevierville

    Financial & listing details

    • Price per square foot: $245/sqft
    • Tax assessed value: $76,400
    • Annual tax amount: $582
    • Date on market: 10/2/2026

    Price history

    DateEventPrice
    9/30/2026Sold$575,000-4%$245/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3610724 Report a problem
    7/3/2026Pending sale$599,000$255/sqft
    Source: East Tennessee Realtors #1346331 Report a problem
    6/29/2026Listed for sale$599,000+87.2%$255/sqft
    Source: East Tennessee Realtors #1346331 Report a problem
    6/5/2023Listing removed--
    Source: Lakeway Area AOR #600092 Report a problem
    10/19/2022Listing removed$320,000+7%$136/sqft
    Source: Lakeway Area AOR #600092 Report a problem
    4/26/2021Sold$299,000-6.6%$127/sqft
    Source: Public Record Report a problem
    2/26/2021Pending sale$320,000$136/sqft
    Source: Pro Team Auction & Real Estate Co #600092 Report a problem
    2/12/2021Listed for sale$320,000+7%$136/sqft
    Source: Pro Team Auction & Real Estate #600092 Report a problem
    1/19/2021Listing removed--
    Source: Lakeway Area AOR Report a problem
    1/15/2021Listed for sale$299,000+273.8%$127/sqft
    Source: Pro Team Auction & Real Estate #600092 Report a problem
    2/24/2020Sold$80,000$34/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$582 $30,560
    2024$582 +60%$30,560 +60%
    2023$364 $19,100
    2022$364 $19,100
    2021-- $19,100 +70.9%
    2020$263 +26.7%$11,175
    2019$208 -21.1%$11,175
    2018$263 +0.1%$11,175
    2017$263 -0.4%$11,175
    2016$264 $11,175 -4.1%
    2015-- $11,650 -0.1%
    2014$226 $11,656
    2013$226 $11,656
    2012$226 $11,656
    2011$226 $11,656
    2010-- $11,656 -40.3%
    2009$361 -22.8%$19,538 -22.8%
    2008$468 $25,302
    2007$468 +12.1%$25,302
    2006$417 -19.1%$25,302
    2005$516 +17.9%$25,302 +17.9%
    2004$438 +11.5%$21,467
    2002$393 $21,467
    2001-- $21,467 -60%
    2000-- $53,667
    Find assessor info on the county website

    Neighborhood: 37862

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $595,200

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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $595,200