NOT LISTED FOR SALE

1008 Rick Way Sevierville, TN 37876

Estimated Value: $552,601

2 Beds
2 Baths
1,448 Sq Ft
$382/Sq Ft Est. Value

Last Sold September 27, 2022

Last sale price $560,000 $387 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,151/month

94 Days on Market

Highlights

  • Docks
  • Boat Ramp
  • Lake View
  • Gatlinburg Pittman High School Rated A-
  • Pool and Spa
  • Clubhouse

About This Home

As of September 2022

This cabin is absolutely stunning! The current owners have done tons of upgrades! Cabin was stained in Oct 2021. The outdoor deck was extended 10x20 and a new grill for entertaining outdoors has been added. The railing has been upgraded and a new hot tub has been installed. Plenty of seating on this large porch, secluded in the trees with views of the lake and the mountains. Walking in you will see cathedral ceilings, beautiful hickory real wood flooring just refinished, and a new log fireplace in the open concept living-kitchen area. The main level has two bedrooms with flat screen TVs, two full bathrooms and the washer/dryer. Upstairs-The Bunk House! New carpet, 4 single beds, flat screen TV, pool table & a multicade game table. The owners have also added new living room furniture, the refrigerator, dishwash er, microwave, pure king water softener, smart home security system, Wi-Fi thermostat, decor, dishes, rugs, light fixtures & deck furniture. This cabin is setup and ready to go! Turnkey! Douglas Lake Resort community offers a boat ramp, docks, clubhouse, playground and a pool. Permanent Home or Overnight Rental! Don't miss out on this well taken care of investment property that sits on .45 acres with tons of room for parking, boats or jet skis. Gravel Parking and some acreage across the road is also included. Rental Projections of $80K! Please ask your agent for details.

Last Agent to Sell the Property

Stella Parton

Mountain Home Realty License #353195 Listed on: 05/11/2022

Last Buyer's Agent

Heidi Molle

Century 21 MVP License #352810

Century 21 MVP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $575

Year Built

  • Built in 2000

Lot Details

  • 0.45 Acre Lot
  • Wooded Lot

HOA Fees

  • $167 Monthly HOA Fees

Property Views

  • Lake
  • Mountain
  • Seasonal

Home Design

  • Log Cabin
  • Combination Foundation
  • Composition Roof
  • Log Siding

Interior Spaces

  • 1,448 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pool and Spa
  • Boat Ramp
  • Docks
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Water Softener is Owned
  • Shared Septic

Listing and Financial Details

  • Tax Lot 113

Community Details

Overview

  • Association fees include insurance
  • Douglas Lake Resort Association
  • Douglas Lake Resort Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$575

Year Built

Built in 2000

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2000
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Boat Ramp, Water Amenity, Wooded
  • ResoPoolFeatures: Hot Tub, Private
  • Road Surface Type: Paved
  • Reso View: Lake, Mountain(s), Seasonal
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Pool
  • Reso Association Fee Includes: Insurance
  • Co List Office Mls Id: 792
  • Subdivision Name: Douglas Lake Resort
  • Above Grade Finished Sq Ft: 1448.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Location Tax and Legal Tax Lot2: 113
  • Location Tax and Legal:Tax Annual Amount: 574.74
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.45
  • General Property Information Above Grade Finished Area: 1448.0
  • General Property Information Bonus Room YN2: No
  • General Property Information:Furnished: Furnished
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • General Property Information View YN2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels:One and One Half: Yes
  • Pool Features Private4: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • View Seasonal: Yes
  • Sewer Shared Septic: Yes
  • View:Lake2: Yes
  • Water Source Private6: Yes
  • Pool Features Hot Tub: Yes
  • Foundation Details Combination: Yes
  • Exterior Features Dock3: Yes
  • Lot Features Boat Ramp2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer, Water Softener Owned
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s)
  • Street Number Modifier: 1008
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Community Features:Clubhouse: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Exterior Features: Dock
  • Roof: Composition
  • Acres: 0.45
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log
  • Foundation Details: Combination
  • Patio And Porch Features: Covered, Porch
  • Construction Materials:Log: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Shared Septic
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 500.0
  • Association Fee Frequency: Quarterly
  • Association Name: Douglas Lake Resort
  • Association: Yes

Association/Amenities

  • Association Amenities:Clubhouse2: Yes
  • Association Fee Includes:Insurance: Yes

Lot Info

  • Lot Size Sq Ft: 19602.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 574.74
  • Tax Lot: 113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Sep 27, 2022
Sold by
Binkley James E and Binkley Dana J
Bought by
Overton Marvin W and Overton Sarina R
Seller's Agent
Stella Parton
Mountain Home Realty
Buyer's Agent
Heidi Molle
Century 21 MVP
List Price
$650,000
Sold Price
$560,000
Premium/Discount to List
-$90,000
-13.85%
Current Estimated Value
$552,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,399
Avg. Annual Appreciation
-0.43%
Original Mortgage
$504,000
Outstanding Balance
$486,899
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$65,702

Purchase Details

Listed on
Nov 17, 2017
Closed on
Feb 15, 2018
Sold by
Linton Gregory L and Linton Jeffrey C
Bought by
Binkley James E and Binkley Dana J
Seller's Agent
Marty Loveday
Marty Loveday & Assoc. RE & Auction
Buyer's Agent
Christopher Bane
All Pro REALTORS, Inc.
List Price
$179,900
Sold Price
$177,500
Premium/Discount to List
-$2,400
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.23%
Original Mortgage
$130,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 17, 2012
Closed on
Apr 1, 2013
Sold by
Bailey Danny L
Bought by
Linton Gregory L and Linton Jeffrey C
Seller's Agent
Jane Terrell
Century 21 Four Seasons WOD
Buyer's Agent
Tracy Manning Willis
EXIT Realty The Anderson Realty Group
List Price
$148,500
Sold Price
$138,680
Premium/Discount to List
-$9,820
-6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%
Original Mortgage
$63,000
Interest Rate
3.52%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 1, 2011
Closed on
Mar 16, 2012
Sold by
First Tennessee Bank Natio
Bought by
Bailey Danny L
Seller's Agent
Tracy King
Century 21 MVP
Buyer's Agent
Jane Terrell
Century 21 Four Seasons WOD
List Price
$75,600
Sold Price
$68,000
Premium/Discount to List
-$7,600
-10.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
97.14%

Purchase Details

Closed on
Apr 2, 2003
Sold by
Winchester J Michael Suc T
Bought by
First Horizon Home Loan Corp
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Overton Marvin W $560,000 --
Overton Marvin W $560,000 None Listed On Document
Binkley James E $177,500 Smoky Mountain Title
Linton Gregory L $138,680 --
Bailey Danny L $68,000 --
First Horizon Home Loan Corp $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Overton Marvin W $504,000
Closed Overton Marvin W $504,000
Previous Owner Binkley James E $130,000
Previous Owner Linton Gregory L $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/26/2022 12/26/22 Off Market $560,000 -- --
09/27/2022 09/27/22 Sold $560,000 -3.4% $387 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
08/09/2022 08/09/22 Price Changed $579,900 -3.2% $400 / Sq Ft
06/13/2022 06/13/22 Price Changed $599,000 -4.0% $414 / Sq Ft
05/30/2022 05/30/22 Price Changed $624,000 -3.9% $431 / Sq Ft
05/26/2022 05/26/22 Price Changed $649,000 -0.2% $448 / Sq Ft
05/18/2022 05/18/22 For Sale $650,000 +266.2% $449 / Sq Ft
05/16/2019 05/16/19 Off Market $177,500 -- --
02/15/2018 02/15/18 Sold $177,500 -1.3% $130 / Sq Ft View Prior Sale
01/08/2018 01/08/18 Pending -- -- --
11/17/2017 11/17/17 For Sale $179,900 +29.7% $132 / Sq Ft
06/30/2016 06/30/16 Off Market $138,680 -- --
06/10/2015 06/10/15 Off Market $68,000 -- --
04/01/2013 04/01/13 Sold $138,680 -6.6% $101 / Sq Ft View Prior Sale
02/12/2013 02/12/13 Pending -- -- --
09/17/2012 09/17/12 For Sale $148,500 +118.4% $109 / Sq Ft
03/12/2012 03/12/12 Sold $68,000 -10.1% $67 / Sq Ft View Prior Sale
02/29/2012 02/29/12 Pending -- -- --
09/01/2011 09/01/11 For Sale $75,600 -- $75 / Sq Ft
Source: Great Smoky Mountains Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,031 $69,680 $6,000 $63,680
2024 $1,031 $69,680 $6,000 $63,680
2023 $1,031 $69,680 $0 $0
2022 $645 $43,550 $3,750 $39,800
2021 $645 $43,550 $3,750 $39,800
2020 $575 $43,550 $3,750 $39,800
2019 $575 $30,900 $3,750 $27,150
2018 $575 $30,900 $3,750 $27,150
2017 $575 $30,900 $3,750 $27,150
2016 $575 $30,900 $3,750 $27,150
2015 -- $25,325 $0 $0
2014 $413 $25,315 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 249333

Great Smoky Mountains Association of REALTORS®

APN: 029A-B-002.17