NOT LISTED FOR SALE

1318 Mountain Meadows Way Sevierville, TN 37862

Estimated Value: $230,000 - $264,000

2 Beds
1.5 Baths
1,156 Sq Ft
$212/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $115,000 $99 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,534/month

91 Days on Market

Highlights

  • 1 Car Attached Garage
  • Brick Veneer
  • Patio
  • Gatlinburg Pittman High School Rated A-
  • Walk-In Closet
  • Living Room

About This Home

As of October 2020

Income Producing: 1318 Mountain Meadows Way, Sevierville, TN 37862- End Unit Condo/Townhouse For Sale. Excellent Investment Property or starter home. Been used as a rental property and not a permanent residence. Just off of Earnest McMahan Road in Sevierville near Walter State Community College, LeConte Hospital and the Great Smoky Mountains National Park, Pigeon Forge & down town Sevierville. Less than 1 mile from Walgreens. Less than 10 minutes to groceries, resteraunts, post office, hospital, doctor offices, etc. This is an end unit with and 8x20 private paio in the back, 1 car enclosed garage, great storage, and large bedrooms and closets. Roof new within the last 3 years and water and sewer included in the HOA. Price is firm, cash only offers, seller will not make any repairs.

Last Agent to Sell the Property

Tishia Morris

Firefly Realty & Rentals, LLC License #290672 Listed on: 06/16/2020

Last Buyer's Agent

Mahek Harjani

Blue Skies Property Management License #349833

Blue Skies Property Management

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $547

Year Built

  • Built in 1994

Lot Details

  • 1

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Brick Veneer
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,156 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room
  • Utility Room
  • Washer and Electric Dryer Hookup
  • Attic Access Panel

Kitchen

  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet

Home Security

Outdoor Features

  • Patio
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot b-17

Community Details

Overview

  • Association fees include roads, sewer, water
  • Mountain Meadows Condo S Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$547

Year Built

Built in 1994

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Zoning: R-1
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Level
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Fee Includes: Roads, Sewer, Water
  • Co List Office Mls Id: 775
  • Subdivision Name: Mountain Meadows Condo S
  • Above Grade Finished Sq Ft: 1156.0
  • Architectural Style: Condominium, Townhouse
  • Fireplace: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • Location Tax and Legal Tax Lot2: b-17
  • Location Tax and Legal:Tax Annual Amount: 547.0
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Above Grade Finished Area: 1156.0
  • General Property Information:Bathrooms Half: 1
  • General Property Information Bonus Room YN2: No
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Appliances Disposal: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Attic Features Access Only: Yes
  • Cooling:Central Air: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Primary Bedroom Level: 2
  • Room Types Utility Room: Yes
  • Room Types Utility Room Level: 2
  • Levels:Two: Yes
  • Foundation Details Slab: Yes
  • Architectural Style Condominium: Yes
  • Architectural Style Townhouse2: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Range Hood, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Street Number Modifier: 1318
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Appliances Dishwasher: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Basement:None3: Yes
  • Interior Features:Ceiling Fans: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Home Warranty: No
  • Construction Type: Brick Veneer, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Paved
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Association: No

Association/Amenities

  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Water: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 547.0
  • Tax Lot: b-17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Oct 22, 2020
Sold by
Maples Linda A
Bought by
Imran Amna and Khwaja Imran
Seller's Agent
Tishia Morris
Firefly Realty & Rentals, LLC
Buyer's Agent
Mahek Harjani
Blue Skies Property Management
List Price
$109,900
Sold Price
$115,000
Premium/Discount to List
$5,100
4.64%
Current Estimated Value
$245,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,079
Avg. Annual Appreciation
15.85%

Purchase Details

Closed on
May 1, 2007
Sold by
W S C Inc
Bought by
Maples Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,900
Interest Rate
7.38%

Purchase Details

Closed on
Nov 15, 1999
Sold by
England James L and England Marilyn
Bought by
Mcelrath Richard S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.89%
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
Imran Amna $115,000 Tennessee Land Title
Maples Linda A $98,900 --
Mcelrath Richard S $98,000 --
Mcelrath Richard S $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcelrath Richard S $78,900
Previous Owner Mcelrath Richard S $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Off Market $115,000 -- --
10/22/2020 10/22/20 Sold $115,000 0.0% $99 / Sq Ft
08/18/2020 08/18/20 Price Changed $115,000 +4.6% $99 / Sq Ft
06/16/2020 06/16/20 For Sale $109,900 -- $95 / 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 $932 $31,500 $5,000 $26,500
2024 $932 $31,500 $5,000 $26,500
2023 $932 $31,500 $0 $0
2022 $600 $31,500 $5,000 $26,500
2021 $600 $31,500 $5,000 $26,500
2020 $547 $31,500 $5,000 $26,500
2019 $547 $23,200 $5,000 $18,200
2018 $547 $23,200 $5,000 $18,200
2017 $547 $23,200 $5,000 $18,200
2016 $504 $23,200 $5,000 $18,200
2015 -- $27,675 $0 $0
2014 $537 $27,663 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 228766

Great Smoky Mountains Association of REALTORS®

APN: 062F-A-025.00-017