NOT LISTED FOR SALE

1254 E Ridge Rd Sevierville, TN 37862

Estimated Value: $6,163,929

-- Bed
2 Baths
1,967 Sq Ft
$3,134/Sq Ft Est. Value

Last Sold December 29, 2018

Last sale price $1,900,465 $966 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $32,807/month

Highlights

  • 38.01 Acre Lot
  • Paved or Partially Paved Lot
  • No Heating
  • Gatlinburg Pittman High School Rated A-
  • Lot Has A Rolling Slope
  • Farm

About This Home

As of December 2018

over 40 Acres of property off of Veterns Blvd.

Last Agent to Sell the Property

Wil Glafenhein

Honors Real Estate Services LLC License #327974 Listed on: 12/29/2018

Last Buyer's Agent

Wil Glafenhein

Honors Real Estate Services LLC License #327974 Listed on: 12/29/2018

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,420

Lot Details

  • 38.01 Acre Lot
  • Paved or Partially Paved Lot
  • Lot Has A Rolling Slope

Home Design

  • Farm

Interior Spaces

  • Property has 3 Levels

Utilities

  • No Cooling
  • No Heating

Property Details

Property Type

Other

Est. Annual Taxes

$1,420

Lot Details

0

Listing Details

  • Prop. Type: Farm
  • Habitable Residence: No
  • Unit Levels: Three Or More
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Road Surface Type: Paved
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Acres: 38.01
  • Lot Size: IRR
  • Lot Size Units: Acres
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2022
Sold by
Jgbww Development Gp
Bought by
Perry Development Llc
Current Estimated Value
$6,163,929

Purchase Details

Listed on
Dec 29, 2018
Closed on
Dec 21, 2018
Sold by
P S Allen General Partnership
Bought by
Jgbww Development Gp
Seller's Agent
Wil Glafenhein
Honors Real Estate Services LLC
Buyer's Agent
Wil Glafenhein
Honors Real Estate Services LLC
List Price
$1,900,465
Sold Price
$1,900,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.77%
Original Mortgage
$1,000,000
Interest Rate
4.9%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 12, 2013
Sold by
Allen P S Family Limited P
Bought by
Allen P S General Partnership

Purchase Details

Closed on
Dec 16, 2005
Sold by
Pauline Allen
Bought by
P S Allen Family Limited Partn

Purchase Details

Closed on
Apr 3, 2003
Sold by
Pauline Allen
Bought by
Sevierville City Of
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
Perry Development Llc $6,000,000 Johnson Murrell & Associates P
Jgbww Development Gp $1,425,348 Tennessee Valley Title Insur
Allen P S General Partnership -- --
P S Allen Family Limited Partn -- --
Sevierville City Of -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jgbww Development Gp $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2018 12/29/18 Sold $1,900,465 0.0% $966 / Sq Ft
12/29/2018 12/29/18 Pending -- -- --
12/29/2018 12/29/18 For Sale $1,900,465 -- $966 / Sq Ft
Source: Realtracs

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 $5,754 $194,425 $194,425 --
2024 $5,754 $194,425 $194,425 --
2023 $5,754 $194,425 $0 $0
2022 $3,704 $194,425 $194,425 $0
2021 $3,704 $194,425 $194,425 $0
2020 $4,508 $194,425 $194,425 $0
2019 $5,431 $230,425 $191,250 $39,175
2018 $1,420 $60,250 $21,075 $39,175
2017 $1,420 $60,250 $21,075 $39,175
2016 $1,308 $60,250 $21,075 $39,175
2015 -- $0 $0 $0
2014 $1,143 $58,935 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wil Glafenhein

    Seller's Agent in 2018

    Wil Glafenhein

    Honors Real Estate Services LLC

    (865) 363-4321

    7 in this area

    515 Total Sales

    Wil Glafenhein
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Map

Source: Realtracs

MLS Number: 2902158

Realtracs

APN: 061-094.00

Tennessee Sevier County Sevierville 37862

1254 E Ridge Rd, Sevierville, TN

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