NOT LISTED FOR SALE

1024 Walnut Ln Sevierville, TN 37876

Estimated Value: $473,324 - $559,000

2 Beds
2 Baths
3,000 Sq Ft
$172/Sq Ft Est. Value

Last Sold July 24, 2017

Last sale price $225,000 $75 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,785/month

410 Days on Market

Highlights

  • Horses Allowed On Property
  • 13.28 Acre Lot
  • Deck
  • Gatlinburg Pittman High School Rated A-
  • Mountain View
  • Wood Burning Stove

About This Home

As of July 2017

Nice true log cabin sitting on over 13 acres! Two bedrooms, 2 baths with full basement and loft. This is an older home that needs updating and some TLC but the structure is sound and the acreage is fabulous. Only a couple miles out off of Douglas Dam Road. Feels like a world away from the crowds! Nice woodstove in the living room and one in the bonus room in basement. Kitchen-aid appliances--all appliances stay. Mostly wood walls and wood flooring in kitchen. Spacious cabin with full basement that has laundry room, storage and a big bonus room. Great old storage shed that can be used as a garage/workshop. Nice flowering trees and bushes abound--dogwoods, redbuds, crepe myrtle and forsythia (to name a few).

Last Agent to Sell the Property

Teresa Brooks

Crye-Leike Realtors Listed on: 03/11/2016

Last Buyer's Agent

Teresa Brooks

Crye-Leike Realtors Listed on: 03/11/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $759

Year Built

  • Built in 1978

Lot Details

  • 13.28 Acre Lot
  • Property fronts a county road
  • Private Lot

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove
  • Mountain Views
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outbuilding

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Water Softener is Owned
  • Septic Tank
  • Septic Permit Required
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 63

Home Details

Home Type

Single Family

Est. Annual Taxes

$759

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1978
  • Zoning: None
  • Reso Property Sub Type: Single Family Residence
  • Horses: Yes
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Private
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoOtherEquipment: Satellite Dish Leased
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 540
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 1800.0
  • Architectural Style: Log
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Reso Other Structures: Outbuilding
  • Location Tax and Legal Tax Lot2: 63
  • Location Tax and Legal:Tax Annual Amount: 759.17
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Lot Size Acres: 13.28
  • General Property Information Above Grade Finished Area: 1800.0
  • General Property Information Below Grade Finished Area: 1200.0
  • 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
  • General Property Information View YN2: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Log2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • Levels:Two: Yes
  • Road Frontage Type County Road: Yes
  • Water Source:Well: Yes
  • Other Structures:Outbuilding: Yes
  • Sewer Septic Permit Not Found: Yes
  • General Property Information Horse YN2: Yes
  • Other Equipment Satellite Dish Leased: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Self Cleaning Oven, Washer, Water Softener Owned
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Soaking Tub
  • Street Number Modifier: 1024
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1200.0
  • Fireplace Features: Wood Burning Stove
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Fireplace Features:Wood Burning Stove: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Exterior Features: Storage
  • Roof: Metal
  • Acres: 13.28
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior Features:Storage2: Yes
  • Lot Features:Private2: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank, Septic Permit Not Found
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • HeatingCooling:Electric: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 578476.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 759.17
  • Tax Lot: 63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2016
Closed on
Jul 24, 2017
Sold by
Allen Arlen E
Bought by
Brent Richard T and Brent Sandra
Seller's Agent
Teresa Brooks
Crye-Leike Realtors
Buyer's Agent
Teresa Brooks
Crye-Leike Realtors
List Price
$279,000
Sold Price
$225,000
Premium/Discount to List
-$54,000
-19.35%
Current Estimated Value
$516,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,162
Avg. Annual Appreciation
10.57%
Original Mortgage
$140,000
Outstanding Balance
$116,348
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$399,814

Purchase Details

Closed on
Jan 16, 2009
Sold by
Allen Arlen E
Bought by
The Arlen E Alen Ervocable Liv

Purchase Details

Closed on
Aug 29, 1995
Sold by
Hunt Dimple M
Bought by
Allen Arlen E

Purchase Details

Closed on
Mar 7, 1995
Sold by
Whaley Robert J
Bought by
Hunt Dimple M

Purchase Details

Closed on
Apr 15, 1993
Bought by
Whaley Robert J and Andrews Robin
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
Brent Richard T $225,000 None Available
The Arlen E Alen Ervocable Liv -- --
Allen Arlen E $174,900 --
Hunt Dimple M $87,000 --
Whaley Robert J $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brent Richard T $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2018 10/22/18 Off Market $225,000 -- --
07/24/2017 07/24/17 Sold $225,000 -19.4% $75 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
03/11/2016 03/11/16 For Sale $279,000 -- $93 / 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 $933 $63,025 $19,575 $43,450
2024 $933 $63,025 $19,575 $43,450
2023 $933 $63,025 $0 $0
2022 $933 $63,025 $19,575 $43,450
2021 $933 $63,025 $19,575 $43,450
2020 $850 $63,025 $19,575 $43,450
2019 $850 $45,725 $19,750 $25,975
2018 $850 $45,725 $19,750 $25,975
2017 $850 $45,725 $19,750 $25,975
2016 $850 $45,725 $19,750 $25,975
2015 -- $46,575 $0 $0
2014 $759 $46,561 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 201853

Great Smoky Mountains Association of REALTORS®

APN: 038-063.00