NOT LISTED FOR SALE

1015 Walini Way Sevierville, TN 37876

Estimated Value: $386,237 - $412,000

1 Bed
1 Bath
620 Sq Ft
$644/Sq Ft Est. Value

Last Sold February 07, 2023

Last sale price $380,000 $613 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,231/month

142 Days on Market

About This Home

As of February 2023

BACK ON THE MARKET! Beautiful cabin in a fantastic location with public water, sewer, AND natural gas! This one bedroom cabin has exactly what you need for your next short term rental with neighboring similar cabins exceeding 60,000 in yearly gross income. Private paved parking with a level entrance and no steep roads. Step onto the covered front porch with outdoor seating and then into the front door to your cabin oasis! The main livingroom space features plenty of seating for you and your guests and is open to the kitchen area. This kitchen has everything you need to entertain and a dinner table to set for your guests. The bedroom is one door away, including a sleeping area for 2 and a gorgeous built in jet tub jacuzzi with a stained glass backdrop. Your full bathroom is around the corner from here which also houses the laundry space. Off the side of the home, you'll find additional enclosed porch area with a large HOT TUB and an attached balcony with built in grill area. The home has been owned by the same people for almost 20 years and is maintained with pride as a result. Located in a rental cabin neighborhood across the street from Soaky Mountain Water Park, the potential is endless! All information deemed reliable, buyer to verify.

Last Agent to Sell the Property

Beni Deron

TN Smoky Mtn Realty License #355808 Listed on: 07/13/2022

Last Buyer's Agent

CHUCK MCCARTER

Mountain Region Realty License #255411

Mountain Region Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $725

Year Built

  • Built in 1994

Lot Details

  • Property fronts a private road
  • Property is zoned R-3

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • 620 Sq Ft Home
  • Log Cabin

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

  • Echota HOA
  • Echota Resort Subdivision

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 038J A 070.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$725

Year Built

Built in 1994

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Zoning: R-3
  • Reso Property Sub Type: Single Family Residence
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 668
  • Subdivision Name: Echota Resort
  • Above Grade Finished Sq Ft: 620.0
  • Architectural Style: Cabin, Log
  • Location Tax and Legal Parcel Number2: 038J A 070.00
  • Location Tax and Legal Tax Lot2: 70
  • Location Tax and Legal:Tax Annual Amount: 724.53
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Above Grade Finished Area: 620.0
  • General Property Information Bonus Room YN2: No
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Road Frontage Type:Private Road: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Street Number Modifier: 1015
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Basement:None3: Yes

Exterior Features

  • Home Warranty: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 255.0
  • Association Fee Frequency: Annually
  • Association Name: Echota HOA
  • Association: Yes

Lot Info

  • Parcel #: 038J A 070.00

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 724.53
  • Tax Lot: 70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Feb 2, 2023
Sold by
Sexton Preston T and Sexton Nancy C
Bought by
Fairfax Family Trust
Seller's Agent
Beni Deron
TN Smoky Mtn Realty
Buyer's Agent
CHUCK MCCARTER
Mountain Region Realty
List Price
$400,000
Sold Price
$380,000
Premium/Discount to List
-$20,000
-5%
Views
39
Current Estimated Value
$399,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,119
Avg. Annual Appreciation
1.87%

Purchase Details

Closed on
Dec 15, 2004
Sold by
First National Bank
Bought by
Sexton Preston T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
5.66%

Purchase Details

Closed on
Jan 24, 2002
Bought by
First National Bank

Purchase Details

Closed on
Nov 4, 1998
Sold by
Yates Ralph E
Bought by
Lee Mccarter C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,500
Interest Rate
6.47%

Purchase Details

Closed on
Oct 7, 1994
Sold by
Underwood William A
Bought by
Yates Ralph E

Purchase Details

Closed on
Apr 20, 1994
Sold by
Echota Development
Bought by
Underwood William A
Source: Public Records

Range of Values:

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Average Value
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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
Fairfax Family Trust $380,000 Tennessee Land Title
Sexton Preston T $108,000 --
First National Bank $1,009,800 --
Lee Mccarter C $135,000 --
Yates Ralph E $115,000 --
Underwood William A $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Underwood William A $83,000
Previous Owner Underwood William A $124,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2023 05/08/23 Off Market $380,000 -- --
02/07/2023 02/07/23 Sold $380,000 -5.0% $613 / Sq Ft
08/17/2022 08/17/22 For Sale $400,000 -- $645 / 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 $1,126 $38,025 $5,000 $33,025
2024 $1,126 $38,025 $5,000 $33,025
2023 $1,126 $38,025 $0 $0
2022 $725 $38,025 $5,000 $33,025
2021 $725 $38,025 $5,000 $33,025
2020 $645 $38,025 $5,000 $33,025
2019 $645 $27,375 $5,000 $22,375
2018 $645 $27,375 $5,000 $22,375
2017 $645 $27,375 $5,000 $22,375
2016 $594 $27,375 $5,000 $22,375
2015 -- $28,275 $0 $0
2014 $548 $28,265 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 251859

Great Smoky Mountains Association of REALTORS®

APN: 038J-A-070.00