NOT LISTED FOR SALE

1040 E Madison Dr Sevierville, TN 37876

Estimated Value: $336,310 - $552,000

1 Bed
1.5 Baths
864 Sq Ft
$514/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $81,546 $94 Per Sq Ft

Est. 445% increase in value since last sale

Current estimated payment $2,373/month

12 Days on Market

Highlights

  • 1.16 Acre Lot
  • Forest View
  • Traditional Architecture
  • Gatlinburg Pittman High School Rated A-
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of September 2018

Stone and stucco basement rancher with finished basement. Private lot. Large porch. Please see attachment for PAS requirements & WFHM offer submittal info in MLS documents. To report any concerns with list agent, or to report any property condition or other concern needing escalation(including concerns related to prev submitted offer call Wells Fargo. PAS provides a standard sellers addendum once an offer has been accepted. This should be conveyed to potential buyers before submitting offers to reduce the risk of fallout once an offer has been accepted This should be conveyed to potential buyers before submitting offers Seller will not accept electronic signatures.

Last Agent to Sell the Property

Ray Depue

Ray DePue & Associates License #001061 Listed on: 08/15/2018

Last Buyer's Agent

Tina Parton

RECIPROCAL OFFICE License #308399

RECIPROCAL OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $532

Year Built

  • Built in 1995

Lot Details

  • 1.16 Acre Lot
  • Chain Link Fence
  • Wooded Lot

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Cabin
  • Brick Exterior Construction
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 864 Sq Ft Home
  • Forest Views
  • Fire and Smoke Detector
  • No Kitchen Appliances
  • Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System

Community Details

  • Bonanza Subdivision

Listing and Financial Details

  • Assessor Parcel Number 029 002.08

Home Details

Home Type

Single Family

Est. Annual Taxes

$532

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Directions: I-40 east, take exit 407 towards Gatlinburg, L onto W Main st, L onto hattie Branch, Hattie Branch becomes Flat creek,L onto Atchley Road, Stay straight onto Black Oak Ridge Rd, 2nd right onto E Madison.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1995
  • Lot Size Acres: 1.16
  • Subdivision Name: Bonanza
  • Architectural Style: Cabin, Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Smoke Detector, None
  • Has Basement: Finished
  • Fireplace: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None, Other
  • Flooring: Carpet, Vinyl

Exterior Features

  • Exterior Features: Porch - Covered, Fence - Chain
  • View: Wooded
  • Lot Features: Wooded
  • Construction Type: Stone, Cement Siding, Brick
  • Other Structures: Storage

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 50529.6
  • Parcel #: 029 002.08
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2018
Closed on
Sep 14, 2018
Sold by
Wells Fargo Bank Na
Bought by
Akers Michael and Akers Charlene
Seller's Agent
Ray Depue
Ray DePue & Associates
Buyer's Agent
Tina Parton
RECIPROCAL OFFICE
Sold Price
$81,546
Current Estimated Value
$444,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,609
Avg. Annual Appreciation
26.88%

Purchase Details

Closed on
Jun 11, 2018
Sold by
Saxon Christopher Lee and Saxon Kimberly Dawn
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 2, 2013
Sold by
Christopher Joe
Bought by
Saxon Kimberly D and Saxon Christopher L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,775
Interest Rate
4.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2012
Sold by
Citizens National Bank
Bought by
Christopher Joe and Christopher Laura

Purchase Details

Closed on
Jan 27, 2012
Sold by
Fox Porter W
Bought by
Citizens National Bank

Purchase Details

Closed on
Mar 17, 2009
Sold by
New Claude
Bought by
Fox Porter W

Purchase Details

Closed on
Aug 18, 2004
Sold by
Fox Porter W
Bought by
Claude New

Purchase Details

Closed on
May 14, 2004
Bought by
New Cluade and New Debra

Purchase Details

Closed on
Jul 31, 1997
Bought by
Fox Porter W and Fox Billie B

Purchase Details

Closed on
Mar 28, 1995
Sold by
Jeffery Sutton
Bought by
Sears George W

Purchase Details

Closed on
Feb 17, 1995
Sold by
Junior Sutton
Bought by
Junior Sutton

Purchase Details

Closed on
Jul 5, 1994
Sold by
Jeffery Sutton
Bought by
Junior Sutton

Purchase Details

Closed on
Jun 21, 1994
Sold by
Etal Sutton Larry W
Bought by
Jeffery Sutton
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Akers Michael $81,546 None Available
Wells Fargo Bank Na $89,700 None Available
Saxon Kimberly D $91,900 --
Christopher Joe $53,000 --
Citizens National Bank $60,000 --
Fox Porter W $108,870 --
Claude New $120,000 --
New Cluade $120,000 --
Fox Porter W $45,000 --
Sears George W $8,000 --
Junior Sutton $250 --
Jeffery Sutton $250 --
Junior Sutton -- --
Jeffery Sutton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saxon Kimberly D $93,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2018 09/14/18 Sold $81,546 -- $94 / 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 $532 $35,925 $6,000 $29,925
2024 $532 $35,925 $6,000 $29,925
2023 $532 $35,925 $0 $0
2022 $532 $35,925 $6,000 $29,925
2021 $532 $35,925 $6,000 $29,925
2020 $471 $35,925 $6,000 $29,925
2019 $412 $22,125 $6,050 $16,075
2018 $412 $22,125 $6,050 $16,075
2017 $412 $22,125 $6,050 $16,075
2016 $412 $22,125 $6,050 $16,075
2015 -- $22,250 $0 $0
2014 $363 $22,244 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1052928

East Tennessee REALTORS® MLS

APN: 029-002.08