NOT LISTED FOR SALE

1313 Harmony Way Pittman Center, TN 37876

Estimated Value: $1,141,000

3 Beds
4 Baths
3,555 Sq Ft
$321/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $1,250,000 $352 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $6,303/month

About This Home

As of May 2024

BACK ON THE MARKET!! Don't miss this opportunity for this unique cabin with super strong rental numbers! Previous contract the buyer backed out last minute (after inspection and appraisal both came back good) due to a ''family/financial emergency''.

This 23' built luxury cabin is an absolute RENTAL MACHINE with AMAZING REVIEWS!! Active short term rental and is self managed by the owner. Currently has $104,000 income on the books for 2024 already, 160 nights rented, at a $650 ADR (as of 4/4/24), and 177 bookable days still left through end of the year. It is on pace to pay out $160,000-$170,000 for 2024 by year end. No history to show for 2023 since this is a new build that was placed in service 12/15/23.

On a 3bdr septic system but, truly has 4 bedrooms+the bunk area. Rents as a 5 bdr-sleep 12 on Airbnb. The 4th bdr was finished out after the build was completed. Square footage on tax records may not reflect. Floorplans from measure house show 3,555 sqft as the total finished/heated & cooled area for the entire property.

Property was re-surveyed prior to build. Total acreage is now 2.76 acres. Tax records may not reflect. See updated survey in MLS docs.

The basement bathroom, previously a half bath, had the stand up tile shower added after completion. This home now has 3 full baths (one on each level) and 1 half bath.

The Current owner has spent over $110,000 finishing out and making improvements to the property since purchased.

Professionally designed with high end furnishings, being sold 100% turn-key. Owner is willing to help with moving all future bookings to the new owners account if desired.

Very low maintenance build! High end vinyl cedar shake siding, trex decking, powder coated aluminum hand railing. The only exterior wood is the framing for the decks :). Flat parking for 5-6 vehicles and has a level 2 EV charger.

Airbnb link in agent notes on MLS.

Owner/Agent-Listing agent is the owner.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 16, 2024
Sold by
Dykes Eric and Dykes Anna
Bought by
Surineni Deepthi and Kongara Madhu
Seller's Agent
Eric Dykes
eXp Realty, LLC 7765
Buyer's Agent
Caleb Stair
Your Home Sold Guaranteed Real
List Price
$1,250,000
Sold Price
$1,250,000
Views
5
Current Estimated Value
$1,141,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$109,000
Original Mortgage
$937,500
Outstanding Balance
$924,354
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2023
Closed on
Oct 2, 2023
Sold by
Smith Michael Eugene and Smith Wendy Faye
Bought by
Dykes Eric and Dykes Anna
Seller's Agent
Wendy Smith
Arrival Realty
Buyer's Agent
Non Member Non Member
Non-Member Office
List Price
$895,000
Sold Price
$854,000
Premium/Discount to List
-$41,000
-4.58%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.07%
Original Mortgage
$725,900
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2015
Sold by
Mcnutt Larry
Bought by
Smith Michael Eugene and Smith Wendy Faye

Purchase Details

Closed on
Sep 18, 2015
Sold by
Sa Grp Properties Inc
Bought by
Mcnutt Larry

Purchase Details

Closed on
May 30, 2014
Sold by
Pittman David B
Bought by
Sa Grp Properties Inc

Purchase Details

Closed on
Oct 26, 2007
Bought by
Pittman David B and Pittman Kristin Ste-111
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Surineni Deepthi $1,250,000 Smoky Mountain Title
Dykes Eric $854,000 Smoky Mountain Title
Smith Michael Eugene $7,000 --
Mcnutt Larry $30,000 --
Sa Grp Properties Inc $73,100 --
Pittman David B $417,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Surineni Deepthi $937,500
Previous Owner Dykes Eric $725,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $1,250,000 0.0% $352 / Sq Ft
04/07/2024 04/07/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $1,250,000 0.0% $352 / Sq Ft
03/26/2024 03/26/24 For Sale $1,250,000 +46.4% $352 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
10/02/2023 10/02/23 Sold $854,000 -4.6% $266 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $895,000 +4.8% $279 / Sq Ft
04/20/2023 04/20/23 Off Market $854,000 -- --
04/13/2023 04/13/23 For Sale $895,000 -- $279 / Sq Ft

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 $3,042 $274,800 $20,560 $254,240
2024 $3,042 $274,800 $20,560 $254,240
2023 $3,042 $274,800 $0 $0
2022 $175 $11,825 $11,825 $0
2021 $175 $11,825 $11,825 $0
2020 $220 $11,825 $11,825 $0
2019 $220 $11,850 $11,850 $0
2018 $220 $11,850 $11,850 $0
2017 $220 $11,850 $11,850 $0
2016 $220 $11,850 $11,850 $0
2015 -- $11,700 $0 $0
2014 $191 $11,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Dykes

    Seller's Agent in 2024

    Eric Dykes

    eXp Realty, LLC 7765

    (865) 227-9514

    35 in this area

    51 Total Sales

    Eric Dykes
    Section Image
  • Caleb Stair

    Buyer's Agent in 2024

    Caleb Stair

    Your Home Sold Guaranteed Real

    (865) 368-0798

    9 in this area

    37 Total Sales

    Caleb Stair
    Section Image

  • W

    Seller's Agent in 2023

    Wendy Smith

    Arrival Realty

    (865) 809-5297

    4 in this area

    11 Total Sales

    Wendy Smith
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member Non Member

    Non-Member Office

See All Agents

Map

Tennessee Sevier County Pittman Center 37876

1313 Harmony Way, Pittman Center, TN

This home is located at 1313 Harmony Way, Pittman Center, TN 37876 and is currently priced at $1,141,000, approximately $320 per square foot. 1313 Harmony Way is a home located in Sevier County with nearby schools including Catons Chapel Elementary School, Jones Cove Elementary School, and Northview Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes