NOT LISTED FOR SALE

1051 N Ridge Place Sevierville, TN 37876

Estimated Value: $783,195

4 Beds
3 Baths
3,498 Sq Ft
$224/Sq Ft Est. Value

Last Sold January 24, 2023

Last sale price $795,000 $227 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,446/month

25 Days on Market

Highlights

  • 1.7 Acre Lot
  • Mountain View
  • Wooded Lot
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Ranch Style House

About This Home

As of January 2023

Outstanding INVESTMENT PROPERTY OR PERMANENT RESIDENCE. This Spacious 4 bedroom, 3 bath home has a projected income of $150,000 annually. Conveniently located in the foothills of the Smoky Mountains between Pigeon Forge and Gatlinburg off of Hwy 441 (the Spur) and Flat Branch Road. 10 minutes from Gatlinburg and 10 minutes from Pigeon Forge. This Beautiful residence offers wrap around porches and features a large living room with vaulted wood ceiling with exposed beams, ceiling fans, stone fireplace and window wall. All decks have been freshly stained and the interior of the house has been freshly painted. The spacious kitchen and dining room with vaulted ceiling and stone fireplace adjacent to the Living Room is perfect for entertaining. An oversized screened porch is conveniently accessed from the kitchen for outside entertaining. The oversized Master Bedroom located on the main level features a large bathroom with oversized tiled walk-in shower and walk in closet and opens onto a large covered porch and wraparound deck. A guest bedroom and bath are conveniently located on the main level as well as an office/craft room with lots of cabinets for storage and pantry. The downstairs level offers 2 spacious bedrooms, large bathroom and hallway/entry large enough for an added seating area and has an entrance to the oversized 2 car garage. Located adjacent to the home is an 828 square foot partially finished workshop, perfect for a large recreation room, media room or additional sleeping area. Stairs lead from this building to a second 2 car garage, workshop, storage area. This home is located just a short walk to private 4 acre community lake. HOA fee is $500 annually for maintaining community water system and landscaping expense for Buena Vista Estates Lake.

Last Agent to Sell the Property

Dwight Grizzell

Colonial Real Estate, Inc. License #330180 Listed on: 11/29/2022

Colonial Real Estate, Inc.

Last Buyer's Agent

Spencer Trentham

eXp Realty, LLC 7720 License #361038

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,089

Year Built

  • Built in 1973

Lot Details

  • 1.7 Acre Lot
  • Property fronts a county road
  • Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Bonus Room
  • Wood Flooring
  • Mountain Views
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup
  • Finished Basement

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outbuilding
  • Rain Gutters

Additional Homes

  • Accessory Dwelling Unit (ADU)

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Private Water Source
  • Septic Permit Required
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance, water
  • Lake Buena Vista Homeowners Association
  • Buena Vista Est Subdivision
  • On-Site Maintenance

Listing and Financial Details

  • Tax Lot A17
  • Assessor Parcel Number A034.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,089

Year Built

Built in 1973

Lot Details

0

HOA Fees

$42 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Water Amenity, Wooded
  • Road Frontage Type: County Road
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Other
  • Reso Association Fee Includes: Maintenance Grounds, Water
  • Co List Office Mls Id: 15
  • Subdivision Name: Buena Vista Est
  • Above Grade Finished Sq Ft: 2574.0
  • Architectural Style: Ranch
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: Yes
  • Unit Levels: Basement Only
  • Reso Other Structures: Outbuilding, Workshop
  • ResoWindowFeatures: Window Treatments
  • Location Tax and Legal Parcel Number2: A034.00
  • Location Tax and Legal Tax Lot2: A17
  • Location Tax and Legal:Tax Annual Amount: 1088.54
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Lot Size Acres: 1.7
  • General Property Information Above Grade Finished Area: 2574.0
  • General Property Information Below Grade Finished Area: 924.0
  • General Property Information Bonus Room YN2: Yes
  • General Property Information Accessory Dwelling Unit YN2: Yes
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • General Property Information View YN2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • Road Frontage Type County Road: Yes
  • Utilities:Cable Available: Yes
  • Water Source Private6: Yes
  • Architectural Style Ranch2: Yes
  • Other Structures:Outbuilding: Yes
  • Other Structures:Workshop: Yes
  • Sewer Septic Permit Not Found: Yes
  • Levels Basement Only: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished
  • Appliances: Dishwasher, Electric Range, Microwave, Range Hood, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet, Solid Surface Counters, Walk-In Closet(s)
  • Street Number Modifier: 1051
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 924.0
  • Fireplace Features: Gas Log
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Solid Surface Counters: Yes

Exterior Features

  • Exterior Features: Rain Gutters, Storage
  • Roof: Composition
  • Acres: 1.7
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Covered, Deck, Patio
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Storage2: Yes
  • Window Features:Window Treatments: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Driveway, Garage Door Opener, Paved, Private
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 4.0
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Private3: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Propane
  • Sewer: Septic Permit Not Found
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Propane: Yes

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association Name: Lake Buena Vista Homeowners Association
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Water: Yes

Lot Info

  • Lot Size Sq Ft: 74052.0
  • ResoLotSizeUnits: Acres
  • Parcel #: A034.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1088.54
  • Tax Lot: A17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
Jan 19, 2023
Sold by
James And Dorothy Merritt Family Trust
Bought by
Davis Katie I and Moody Shaun M
Seller's Agent
Dwight Grizzell
Colonial Real Estate, Inc.
Buyer's Agent
Spencer Trentham
eXp Realty, LLC 7720
List Price
$795,000
Sold Price
$795,000
Current Estimated Value
$783,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,805
Avg. Annual Appreciation
-0.58%
Original Mortgage
$675,750
Outstanding Balance
$655,213
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$127,982

Purchase Details

Closed on
May 20, 1996
Sold by
Elizabeth Gaines
Bought by
James Merritt

Purchase Details

Closed on
Oct 21, 1992
Bought by
Gaines Elizabeth
Source: Public Records

Range of Values:

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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
Davis Katie I $795,000 Smoky Mountain Title
James Merritt $116,000 --
Gaines Elizabeth $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Katie I $675,750
Previous Owner Mahan David H $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2023 01/24/23 Sold $795,000 0.0% $227 / Sq Ft
12/24/2022 12/24/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $795,000 -- $227 / 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 $1,742 $117,680 $15,520 $102,160
2024 $1,089 $73,550 $9,700 $63,850
2023 $1,089 $73,550 $0 $0
2022 $1,089 $73,550 $9,700 $63,850
2021 $1,089 $73,550 $9,700 $63,850
2020 $1,065 $73,550 $9,700 $63,850
2019 $1,065 $57,275 $9,700 $47,575
2018 $1,065 $57,275 $9,700 $47,575
2017 $1,065 $57,275 $9,700 $47,575
2016 $1,065 $57,275 $9,700 $47,575
2015 -- $57,850 $0 $0
2014 $943 $57,846 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 254920

Great Smoky Mountains Association of REALTORS®

APN: 116A-A-034.00