NOT LISTED FOR SALE

1035 Porterfield Gap Rd Seymour, TN 37865

Estimated Value: $687,801

6 Beds
4.5 Baths
7,853 Sq Ft
$88/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $402,600 $51 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,895/month

30 Days on Market

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • Wood Burning Stove
  • Gatlinburg Pittman High School Rated A-
  • 12.2 Acre Lot
  • Private Lot

About This Home

As of January 2024

Online Only Auction ** Note price listed in the Sevier County Property tax appraisal and not the purchase price**

Do not miss this Majestic 12-Acre Property with 7,853 sq ft Log Cabin in Seymour, TN - with an opportunity to own an additional 180 +/- acres.. see the auction.

Embrace the Potential! Ladies and gentlemen, welcome to an extraordinary opportunity to breathe life back into a piece of Tennessee's natural paradise! We are thrilled to present an upcoming auction for a stunning property nestled in the serene foothills of the Great Smoky Mountains in Sevierville, TN. This unique estate boasts nearly 12 acres of land, an expansive 7,853 sq ft log cabin, and an indoor swimming pool. While it has faced some challenges, with the right vision, you can restore this magnificent property to its former glory. Property Highlights: Size: 12 Acres Log Cabin: 6 Bedrooms, 4.5 Bathrooms Indoor Swimming Pool Restoration Opportunity Foothills of the Great Smoky Mountains Spacious Living: Approximately 7,853 sq ft Built in 2009 Property Description: This extraordinary 12-acre property, surrounded by the picturesque backdrop of the Great Smoky Mountains, presents an unparalleled opportunity for those with a vision for rejuvenation. At the heart of this estate stands an impressive log cabin boasting a staggering 7,900+ square feet of living space. With 6 bedrooms, 4.5 bathrooms, and an indoor swimming pool, the potential for grandeur and luxury is unmistakable. Built in 2009, this once-grand home has remained vacant for several years and, regrettably, has fallen victim to vandalism, as evident in the photos. But beneath the current condition lies a canvas of limitless possibilities. Imagine restoring this property to its former glory, creating a luxurious retreat, or crafting a unique vacation destination in the tranquil foothills. With every sunrise, the natural beauty of the Great Smoky Mountains will greet you, offering a serene backdrop to your vision. The spacious 12 acres provide ample room for expansion, landscaping, or even the addition of guest cabins, making this property a versatile gem. Don't miss the chance to turn this once-splendid property into a masterpiece. Join us in this exciting auction and seize the opportunity to revive this hidden gem in the Great Smoky Mountains. For inquiries or to request more information, please contact us. Your dream project awaits! 10% BP Jason Deel TAL 6826

Last Agent to Sell the Property

Natalie Deel

JD's Realty & Auction, LLC License #339452 Listed on: 09/28/2023

Co-Listed By

Jason Deel

JD's Realty & Auction, LLC License #335292

Last Buyer's Agent

Natalie Deel

Stephenson Realty & Auction

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,138

Year Built

  • Built in 2009

Lot Details

  • 12.2 Acre Lot
  • Private Lot
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 3 Car Garage

Property Views

  • Woods
  • Mountain
  • Forest

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 7,853 Sq Ft Home
  • 1 Fireplace
  • Wood Burning Stove
  • Bonus Room
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 023 029.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,138

Year Built

Built in 2009

Lot Details

0

Parking

3

Listing Details

  • Directions: Take Chapman Highway towards Seymour, turn left onto Boyds Creek Hwy, onto Porterfeild Gap rd. SOP
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2009
  • Lot Size Acres: 12.2
  • Co List Office Mls Id: 2961
  • Co List Office Phone: 865-264-4641
  • Architectural Style: Log
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Mountain View: Yes
  • View:Wooded2: Yes
  • Lot Description:Irregular Lot: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 3401.0
  • General Property Description:SqFt - Down Lvl: 3025.0
  • General Property Description:SqFt - 2nd Flr Lvl: 1427.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Lot Description:Private: Yes
  • Percent Basement Finished: Yes
  • Basement Walkout: Yes
  • Style:Log3: Yes
  • Special Features: None

Interior Features

  • Appliances: Smoke Detector
  • Has Basement: Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Wood Burning Stove
  • Fireplaces: 1
  • Flooring: Hardwood, Vinyl
  • Appliances:Smoke Detector: Yes
  • Fireplace:Wood Burning Stove: Yes

Exterior Features

  • Exterior Features: Pool - Swim (Ingrnd), Porch - Covered
  • View: Mountain View, Wooded
  • Lot Features: Private, Wooded, Irregular Lot, Rolling Slope
  • Construction Type: Log
  • Exterior Features:Porch - Covered: Yes
  • Construction:Log: Yes
  • Exterior Features:Pool - Swim (Ingrnd): Yes

Garage/Parking

  • GarageParkingGarageSpaces: 3.0
  • Garage Spaces: 3.0

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Sq Ft: 531432.0
  • Parcel #: 023 029.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Jan 8, 2024
Sold by
Deborah Faulkner Trust
Bought by
Brown Howard L and Brown Paula J
Seller's Agent
Natalie Deel
JD's Realty & Auction, LLC
Buyer's Agent
Natalie Deel
Stephenson Realty & Auction
List Price
$402,600
Sold Price
$402,600
Views
264
Current Estimated Value
$687,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,201
Avg. Annual Appreciation
82.60%

Purchase Details

Closed on
Aug 10, 2007
Sold by
Deborah Faulkner
Bought by
Deborah Faulkner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$817,500
Interest Rate
6.65%

Purchase Details

Closed on
Jul 28, 2006
Sold by
Thornton Omega S
Bought by
Faulkner Deborah Trustor & Tru

Purchase Details

Closed on
Jun 26, 2006
Sold by
Thompson Cheryl B
Bought by
Faulkner Deborah Ind & Trustee

Purchase Details

Closed on
May 4, 2006
Sold by
Hal Derrick
Bought by
Tennessee State Of
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
Brown Howard L $402,600 None Listed On Document
Deborah Faulkner -- --
Faulkner Deborah Trustor & Tru $375,000 --
Faulkner Deborah Ind & Trustee $60,000 --
Tennessee State Of -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tennessee State Of $817,500
Previous Owner Thompson Cheryl B $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $402,600 -52.5% $51 / Sq Ft
10/29/2023 10/29/23 Pending -- -- --
09/28/2023 09/28/23 Price Changed $848,200 +110.7% $108 / Sq Ft
09/28/2023 09/28/23 For Sale $402,600 -- $51 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $3,138 $212,050 $12,075 $199,975
2024 $3,138 $212,050 $12,075 $199,975
2023 $3,138 $212,050 $0 $0
2022 $3,138 $212,050 $12,075 $199,975
2021 $3,138 $212,050 $12,075 $199,975
2020 $2,720 $212,050 $12,075 $199,975
2019 $2,720 $146,250 $11,950 $134,300
2018 $2,720 $146,250 $11,950 $134,300
2017 $2,720 $146,250 $11,950 $134,300
2016 $2,720 $146,250 $11,950 $134,300
2015 -- $155,800 $0 $0
2014 $2,539 $155,781 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1241121

East Tennessee REALTORS® MLS

APN: 023-029.00