NOT LISTED FOR SALE

1060 Twin Springs Ln Sevierville, TN 37876

Estimated Value: $820,671 - $917,000

3 Beds
3 Baths
3,826 Sq Ft
$227/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $835,000 $218 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,805/month

103 Days on Market

Highlights

  • View of Trees or Woods
  • 1.25 Acre Lot
  • Private Lot
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of August 2024

**Very Motivated Seller**
Unrestricted Mountain Retreat with Spectacular Dollywood Fireworks Views! Welcome to your dream investment property located directly behind Dollywood, where the magic of the Smoky Mountains comes alive! Nestled on a generous 4-acre parcel, this stunning 3-bedroom, 3-bathroom home, with a large bonus room or office, boasts limitless potential, making it the perfect opportunity for savvy investors and vacation home seekers alike. Imagine sipping your favorite beverage on the deck while enjoying the breathtaking nightly fireworks display from Dollywood. This property offers an unrivaled vantage point to witness the enchanting spectacle, providing guests with unforgettable memories.

The location couldn't be more perfect for overnight rentals with rental projections at 100k a year. With easy access to the property, guests will find themselves in the heart of all the action. Just seconds from Dollywood, this mountain retreat offers a prime location to explore the area's top attractions, shopping, and dining options, ensuring an unforgettable vacation experience for all. The majestic mountain views from this property are nothing short of awe-inspiring. From every angle, you'll be captivated by the beauty of the Smoky Mountains, creating an idyllic setting for relaxation and rejuvenation.The porch is not only a serene spot to enjoy the fireworks; it also provides the perfect opportunity to marvel at the surrounding natural splendor, immersing yourself in the tranquility of the mountains.

One of the most exciting features of this property is the unrestricted nature of the land. Investors and aspiring developers take note: the possibilities are boundless. With no restrictions, you have the freedom to build multiple cabins, expand the existing residence, or create an entire resort-style retreat to cater to tourists and vacationers seeking a taste of the Smoky Mountain charm.

Additionally, the basement offers a blank canvas, inviting you to transform it into a fantastic game room, entertainment space, or any other imaginative idea to enhance the property's appeal to potential guests.

https://www.youtube.com/shorts/NcHcry1KBok

Last Agent to Sell the Property

Breanne Grubb

Real Broker License #366582 Listed on: 01/29/2024

Last Buyer's Agent

Breanne Grubb

East TN-LPT Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $856

Year Built

  • Built in 1990

Lot Details

  • 1.25 Acre Lot
  • Private Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Garage Door Opener

Property Views

  • Woods
  • Mountain
  • Forest
  • Seasonal

Home Design

  • Traditional Architecture
  • Block Foundation
  • Frame Construction
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • 3,826 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Finished Basement
  • Recreation or Family Area in Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 095 066.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$856

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Directions: From Pigeon Forge heading to Gatlinburg; Left at Stop Light #8; Pass the Dollywood employee enters to Twin Springs Road; 1/8 Mile turn right into the driveway.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 1990
  • Lot Size Acres: 1.25
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Owner
  • Lot Description:Wooded: Yes
  • View:Mountain View: Yes
  • View:Wooded2: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 2176.0
  • General Property Description:SqFt - Down Lvl: 1650.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Microwave: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Lot Description:Private: Yes
  • Percent Basement Finished: Yes
  • Floors:Tile2: Yes
  • Heat:Forced Air: Yes
  • Misc Features:Whirlpool Tub: Yes
  • Siding:Stucco2: Yes
  • View:Seasonal Mountain: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range
  • Basement YN: Yes
  • Has Basement: Finished
  • Fireplace: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Vinyl, Tile
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Fireplace:None15: Yes
  • Other Rooms:Basement Rec Room: Yes

Exterior Features

  • View: Mountain View, Wooded, Seasonal Mountain
  • Lot Features: Private, Wooded
  • Construction Type: Stucco, Vinyl Siding, Block, Frame
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Construction:Block2: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Attached, Basement
  • GarageParking:Attached2: Yes
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Basement4: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 54450.0
  • Parcel #: 095 066.01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 856.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Aug 2, 2024
Sold by
Williams Colin
Bought by
Sawchuk Charles T
Seller's Agent
Breanne Grubb
Real Broker
Buyer's Agent
Breanne Grubb
Real Broker
List Price
$899,000
Sold Price
$835,000
Premium/Discount to List
-$64,000
-7.12%
Views
51
Current Estimated Value
$868,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,836
Avg. Annual Appreciation
3.93%
Original Mortgage
$511,900
Outstanding Balance
$507,017
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$361,819

Purchase Details

Listed on
Mar 17, 2017
Closed on
Apr 27, 2017
Sold by
Chance Nina B
Bought by
Williams Colin
Seller's Agent
Betsy Reagan
Prime Mountain Properties
Buyer's Agent
Cid Fernandez
Keller Williams Alcoa
List Price
$199,900
Sold Price
$194,500
Premium/Discount to List
-$5,400
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.19%
Original Mortgage
$196,464
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1989
Bought by
Chance Terry W
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
Sawchuk Charles T $835,000 Admiral Title Inc
Williams Colin $194,500 --
Chance Terry W $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sawchuk Charles T $511,900
Previous Owner Williams Colin W $270,000
Previous Owner Williams Colin W $270,000
Previous Owner Williams Colin $196,464
Previous Owner Chance Nina B $207,000
Previous Owner Chance Nina B $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $835,000 -0.5% $218 / Sq Ft
05/12/2024 05/12/24 Pending -- -- --
04/29/2024 04/29/24 Price Changed $839,000 -3.3% $219 / Sq Ft
04/24/2024 04/24/24 Price Changed $868,000 -0.1% $227 / Sq Ft
04/15/2024 04/15/24 Price Changed $869,000 -1.1% $227 / Sq Ft
02/29/2024 02/29/24 Price Changed $879,000 -2.1% $230 / Sq Ft
02/28/2024 02/28/24 Price Changed $898,000 -0.1% $235 / Sq Ft
01/29/2024 01/29/24 For Sale $899,000 +362.2% $235 / Sq Ft
07/26/2018 07/26/18 Off Market $194,500 -- --
04/27/2017 04/27/17 Sold $194,500 -2.7% $89 / Sq Ft
03/26/2017 03/26/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $199,900 -- $92 / 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
2024 $856 $57,850 $12,825 $45,025
2023 $856 $57,850 $0 $0
2022 $856 $57,850 $12,825 $45,025
2021 $856 $57,850 $12,825 $45,025
2020 $842 $57,850 $12,825 $45,025
2019 $842 $45,250 $12,675 $32,575
2018 $842 $45,250 $12,675 $32,575
2017 $842 $45,250 $12,675 $32,575
2016 $842 $45,250 $12,675 $32,575
2015 -- $47,025 $0 $0
2014 $766 $47,013 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1251049

East Tennessee REALTORS® MLS

APN: 095-066.01