NOT LISTED FOR SALE

1325 Harmony Way Sevierville, TN 37876

Estimated Value: $1,144,500

3 Beds
3.5 Baths
3,555 Sq Ft
$322/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $1,295,000 $364 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $6,327/month

9 Days on Market

Highlights

  • 2.83 Acre Lot
  • Chalet
  • Secluded Lot
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of September 2024

This 2023 built luxury cabin has a huge/open floorpan with over-sized bedrooms, large closets, soaring vaulted ceilings on the main level, and a huge entertainment space in the basement which is large enough for ALL of the guests to hang out and enjoy! Not to mention the super fun bunk area that kids will RAVE over:). Tons of deck space outside and a beautiful fire pit hang out area on the side of the cabin.

Very low maintenance build with high end vinyl cedar shake siding, trex decking, and powder coated aluminum hand railings. The only exterior wood is the framing for the decks so, no need to re stain every few years like most other cabins. There's flat paved parking for 4+ vehicles out front and has even an EV charger.

**Great income potential!! Rental projections from Avada Properties between $129,000-$163,000 (low-high range). Active short term rental and is currently self managed by the owner.

On a 3bdr septic system but, truly has 4 private King rooms+the bunk area with 4 twins in the basement. Rents/functions as a 5 bdr-sleep 12 (in beds) on Airbnb.

The 4th bdr was finished out after the build was completed. Square footage on tax records do not reflect. Floor plans from measure house show 3,555 sqft as the total finished/heated & cooled area for the entire property and is situated on a secluded 2.83 acre lot.

The basement bathroom, previously a half bath, had the stand up shower added after completion. This home now has 3 full baths (one on each level) plus a half bath on the main. The current owner has spent well over $100,000 finishing out and making improvements to the property since purchased. Designed with high end furnishings, being sold 100% turn-key and ready to rent!

Also, to justify the projections from Avada, an identical cabin (1313 Harmony Way) next door sold on 5/28/24 and it had over $104k income on the books for 2024 at the time of the sale (5/28/24) with 160 nights rented, at a $650 ADR. 177 bookable days were still left through end of the year. It was on pace to pay out $160,000+ for 2024 by year end.

Schedule your showing for this unique luxury cabin TODAY!!!

Last Agent to Sell the Property

Eric Dykes

eXp Realty, LLC 7765 License #367802 Listed on: 08/07/2024

eXp Realty, LLC 7765

Last Buyer's Agent

Eric Dykes

eXp Realty, LLC 7765 License #367802 Listed on: 08/07/2024

eXp Realty, LLC 7765

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,081

Year Built

  • Built in 2023

Lot Details

  • 2.83 Acre Lot
  • Secluded Lot
  • Sloped Lot
  • Wooded Lot

Home Design

  • Chalet
  • A-Frame Home
  • Cottage
  • Log Cabin
  • Frame Construction
  • Composition Roof
  • Shake Siding
  • Block And Beam Construction

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Great Room
  • Bonus Room
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement
  • Storage In Attic

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Private Parking
  • Paved Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Mobile Home

  • Block Skirt

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Serenity Woods Subdivision

Listing and Financial Details

  • Tax Lot /6-R
  • Assessor Parcel Number 096 032.07

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,081

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Zoning: r-1
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Laundry Room, Main Level
  • ResoLotFeatures: Secluded, Sloped, Wooded
  • Co List Office Mls Id: 701
  • Subdivision Name: Serenity Woods
  • Above Grade Finished Sq Ft: 2152.0
  • Architectural Style: A-Frame, Cabin, Chalet, Cottage, Log
  • Fireplace: Yes
  • Reso Flooring: Hardwood
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Skirt: ["Block"]
  • ResoWindowFeatures: Double Pane Windows
  • Location Tax and Legal New Construction YN: No
  • Location Tax and Legal Parcel Number2: 096 032.07
  • Location Tax and Legal Tax Lot2: /6-R
  • Location Tax and Legal:Tax Annual Amount: 4081.0
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Lot Size Acres: 2.83
  • General Property Information Above Grade Finished Area: 2152.0
  • General Property Information Below Grade Finished Area: 1403.0
  • General Property Information:Bathrooms Half: 1
  • General Property Information Bonus Room YN2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Cooling:Central Air: Yes
  • Interior Features Great Room2: Yes
  • Roof:Composition: Yes
  • Architectural Style Chalet: Yes
  • Levels Three Or More: Yes
  • Water Source Private6: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Water Source:Well: Yes
  • Architectural Style A-Frame: Yes
  • General Property Information:Stories Total: 3
  • General Property Information Fireplace YN: Yes
  • Interior Features Walk-In Shower(s): Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features:Main Level: Yes
  • Main Room Levels Main Level Bathrooms: 2
  • Main Room Levels Main Level Bedrooms: 1
  • Architectural Style Cottage: Yes
  • Utilities Sewer Connected: Yes
  • Flooring:Hardwood: Yes
  • Skirt Block3: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Basement: Basement, Finished, Walk-Out Access
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Great Room, Walk-In Closet(s), Walk-In Shower(s)
  • Street Number Modifier: 1325
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1403.0
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Stories: 3
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Cooktop: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Attic Features:Storage Only: Yes
  • Interior Features:Granite Counters: Yes

Exterior Features

  • Roof: Composition
  • Acres: 2.83
  • Construction Type: Block, Frame, Shake Siding
  • Patio And Porch Features: Covered, Deck
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Block: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Secluded: Yes
  • Construction Materials:Shake Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Private
  • General Property Information:Garage YN: No
  • Parking Features:Paved2: Yes
  • Parking Features:Private3: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private, Well
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 123274.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 096 032.07
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4081.0
  • Tax Lot: /6-R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Sep 30, 2024
Sold by
Bond Christopher and Bond Carolina
Bought by
Diaz Orian and Diaz Ive
Seller's Agent
Eric Dykes
eXp Realty, LLC 7765
Buyer's Agent
Eric Dykes
eXp Realty, LLC 7765
List Price
$1,295,000
Sold Price
$1,295,000
Views
6
Current Estimated Value
$1,144,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$150,500
Original Mortgage
$1,036,000
Outstanding Balance
$1,025,394
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2023
Closed on
Jun 6, 2023
Sold by
Smith Michael Eugene and Smith Wendy Faye
Bought by
Bond Christopher and Bond Carolina
Seller's Agent
Wendy Smith
Arrival Realty
Buyer's Agent
Heidi Molle
RECIPROCAL OFFICE
List Price
$895,000
Sold Price
$855,000
Premium/Discount to List
-$40,000
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.96%
Original Mortgage
$726,200
Interest Rate
6.43%
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:

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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
Diaz Orian $1,295,000 Smoky Mountain Title
Bond Christopher $855,000 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 Diaz Orian $1,036,000
Previous Owner Bond Christopher $726,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $1,295,000 0.0% $364 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
08/07/2024 08/07/24 For Sale $1,295,000 +51.5% $364 / Sq Ft
06/06/2023 06/06/23 Sold $855,000 0.0% $288 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
04/21/2023 04/21/23 Off Market $855,000 -- --
04/13/2023 04/13/23 For Sale $895,000 -- $301 / 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 $3,107 $275,800 $21,560 $254,240
2024 $3,107 $275,800 $21,560 $254,240
2023 $3,107 $275,800 $0 $0
2022 $215 $14,550 $14,550 $0
2021 $215 $14,550 $14,550 $0
2020 $274 $14,550 $14,550 $0
2019 $274 $14,750 $14,750 $0
2018 $274 $14,750 $14,750 $0
2017 $274 $14,750 $14,750 $0
2016 $274 $14,750 $14,750 $0
2015 -- $14,725 $0 $0
2014 $240 $14,715 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 302413

Great Smoky Mountains Association of REALTORS®

APN: 096-032.07