NOT LISTED FOR SALE

1284 Laurel Lick Rd Unit 1 Sevierville, TN 37862

Estimated Value: $396,000

2 Beds
1 Bath
625 Sq Ft
$634/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $499,000 $798 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $2,256/month

8 Days on Market

Highlights

  • 4.23 Acre Lot
  • Wood Flooring
  • Zoned Heating and Cooling System
  • Gatlinburg Pittman High School Rated A-
  • Covered patio or porch
  • Wood Siding

About This Home

As of June 2022

Adorable 2 bedroom true log cabin on FOUR private acres! Grossing $72,000 on overnight rental! Premier location between Pigeon Forge and Wears Valley. Has over 100 five star reviews on Airbnb! This cabin is tastefully decorated and comes completely furnished and turn key. The outdoor space is fabulous! Featuring a covered deck off of the living room that has a dining table and hot tub. The outdoor gazebo was added in 2021 and is the perfect place to enjoy the large yard and gorgeous surroundings! The cabin sits in the middle of the 4.23 acre lot and has road front footage on Laurel Lick. Room to create your own hiking trails and potentially build another property!

Last Agent to Sell the Property

Lesley Adams

Re/Max Cove Mountain Realty License #332211 Listed on: 05/12/2022

Last Buyer's Agent

Kaitlin Glenn

eXp Realty, LLC License #359942

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $595

Year Built

  • Built in 1998

Lot Details

  • 4.23

Home Design

  • Cabin
  • Wood Siding

Interior Spaces

  • 625 Sq Ft Home
  • Electric Fireplace
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Covered patio or porch
  • 4.23 Acre Lot
  • Zoned Heating and Cooling System

Community Details

  • Wildes Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 105 026.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$595

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Directions: From Little Cove Church Rd, turn on Laurel Lick Rd. Cabin is the first one on the Right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1998
  • Lot Size Acres: 4.23
  • Subdivision Name: Wildes Cove
  • Architectural Style: Cabin
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Microwave, Washer
  • Has Basement: None
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Flooring: Hardwood

Exterior Features

  • Exterior Features: Porch - Covered
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

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

Lot Info

  • Lot Size Sq Ft: 184258.8
  • Parcel #: 105 026.01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2024
Sold by
Lambert Glen A
Bought by
Chubb Lisa and Chubb Chadwick Johnathan
Total Days on Market
8
Current Estimated Value
$396,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$336,255
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$58,745

Purchase Details

Listed on
May 20, 2016
Closed on
Dec 15, 2016
Sold by
P & R Properties Inc
Bought by
Lambert Kimberly A and Lambert Glen A
Seller's Agent
Patrick Malone
ReMax Preferred Properties, Inc
Buyer's Agent
Jeremy Ledford
Wallace
Sold Price
$143,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.48%

Purchase Details

Closed on
Feb 16, 2016
Sold by
Rockefeller Paul R
Bought by
P & R Properties Inc

Purchase Details

Closed on
Apr 14, 2010
Sold by
P
Bought by
Rockefeller Paul R

Purchase Details

Closed on
Feb 15, 2006
Sold by
Rockefeller Paul R
Bought by
P & R Properties Inc

Purchase Details

Closed on
Jun 10, 2005
Sold by
Wilde Jason J
Bought by
Rockefeller Paul R
Source: Public Records

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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
Chubb Lisa $375,000 Maryville Title
Chubb Lisa $375,000 Maryville Title
Lambert Kimberly A $148,000 --
P & R Properties Inc -- --
Rockefeller Paul R -- --
P & R Properties Inc $20,000 --
Rockefeller Paul R $142,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chubb Lisa $337,500
Closed Chubb Lisa $337,500
Previous Owner Lambert Kimberly A $142,000
Previous Owner Wilde Vickie R $71,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2022 09/28/22 Off Market $520,000 -- --
06/29/2022 06/29/22 Sold $499,000 -4.0% $798 / Sq Ft
06/29/2022 06/29/22 Sold $520,000 +4.2% $832 / Sq Ft
05/14/2022 05/14/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $499,000 0.0% $798 / Sq Ft
05/12/2022 05/12/22 For Sale $499,000 +249.0% $798 / Sq Ft
11/04/2016 11/04/16 Sold $143,000 -- $229 / 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 $595 $40,175 $10,075 $30,100
2023 $595 $40,175 $0 $0
2022 $595 $40,175 $10,075 $30,100
2021 $595 $40,175 $10,075 $30,100
2020 $543 $40,175 $10,075 $30,100
2019 $543 $29,175 $10,100 $19,075
2018 $543 $29,175 $10,100 $19,075
2017 $543 $29,175 $10,100 $19,075
2016 $543 $29,175 $10,100 $19,075
2015 -- $30,000 $0 $0
2014 $489 $29,989 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1191016

East Tennessee REALTORS® MLS

APN: 105-026.02