NOT LISTED FOR SALE

1483 Red Cedar Ln Sevierville, TN 37876

Estimated Value: $574,678

2 Beds
2 Baths
2,016 Sq Ft
$285/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $950,000 $471 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $3,190/month

46 Days on Market

Highlights

  • Pool and Spa
  • Deck
  • Furnished
  • Gatlinburg Pittman High School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of May 2022

"Marvelous Memories" is a beautiful cabin with both mountain and farmland views and easy access...what everyone wants! This jewel is only about 15 minutes from Sevierville OR Pigeon Forge, depending on the route--perfect location to get around the county easily! And a short drive to the Greenbrier or Cosby entrances to the Great Smoky Mountain National Park! This lovely home features decks on both the main and lower levels for enjoying the views, with walkouts from both of the 2 comfortable master suites. Property has been completely renovated with new furniture, decor, furnishings, electronics, games, hot tub, etc. All the things you need for a high-end, turn key rental. From the front door, you enter into the open great room with cathedral ceilings, gleaming hardwood floors, recessed lighting, and a cozy gas fireplace. The kitchen boasts stainless appliances, a spacious pantry, and a great island space with additional seating for eating or visiting with the cook. The large open room downstairs is an amazing space for your guests to just hang out and relax. Massive TV, pool table, foosball, whiskey barrel arcade console, dual shooter basketball game, PlayStation, Nintendo Wii, and additional trundle bed. Like the second master, you can walk out onto the lower deck from this level where you will find the new hot tub with string lights and wall mounted, flat screen TV. Downstairs has its own HVAC unit, also, for ultimate comfort. Last but not least, PUTT PUTT! Custom putt putt, mini golf course is a killer feature that guests love. Property is self managed with AirBnB and has $41,000 in rentals for 2022 so far with projections of $110-$120k for the year. All docs for income, expenses, and utilities are uploaded in the MLS. See addendum for showing instructions for the next 72 hours.

Last Agent to Sell the Property

Matthew Maloney

Prime Mountain Properties License #335706 Listed on: 02/26/2022

Prime Mountain Properties

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM License #105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $795

Year Built

  • Built in 2007

Lot Details

  • 0.57 Acre Lot
  • Property fronts a county road

Home Design

  • Log Cabin
  • Frame Construction
  • Metal Roof
  • Log Siding
  • Block And Beam Construction

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Wood Flooring
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Pool and Spa
  • Deck
  • Rain Gutters

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank
  • Septic Permit Issued
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Fiesta Hills Subdivision

Listing and Financial Details

  • Tax Lot 65

Home Details

Home Type

Single Family

Est. Annual Taxes

$795

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel, Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 325
  • Subdivision Name: Fiesta Hills
  • Above Grade Finished Sq Ft: 1008.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Two
  • ResoWindowFeatures: Window Treatments
  • Location Tax and Legal Tax Lot2: 65
  • Location Tax and Legal:Tax Annual Amount: 795.15
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.57
  • General Property Information Above Grade Finished Area: 1008.0
  • General Property Information Below Grade Finished Area: 1008.0
  • General Property Information Bonus Room YN2: No
  • General Property Information:Furnished: Furnished
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Attic Features Access Only: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Security Features:Smoke Detector(s): Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Road Frontage Type County Road: Yes
  • Sewer Septic Permit On File: Yes
  • Road Surface Type Gravel2: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished, Full, Walk-Out Access
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Tile Counters, Walk-In Closet(s)
  • Street Number Modifier: 1483
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1008.0
  • Fireplace Features: Gas Log
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Tile Counters: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Metal
  • Acres: 0.57
  • Home Warranty: No
  • Construction Type: Block, Frame, Log, Log Siding
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Log Siding: Yes
  • Construction Materials:Block: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank, Septic Permit On File
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 24829.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 795.15
  • Tax Lot: 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Oct 7, 2021
Sold by
Praytor Robert E and Praytor Nelda E
Bought by
Martinez Justin Jones
Seller's Agent
David Everett
Century 21 MVP
Buyer's Agent
David Everett
Century 21 MVP
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$574,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,678
Avg. Annual Appreciation
3.55%
Original Mortgage
$425,000
Outstanding Balance
$387,560
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$187,118

Purchase Details

Listed on
Oct 28, 2015
Closed on
Mar 29, 2016
Sold by
Stahr W Michael
Bought by
Praytor Robert E and Praytor Nelda E
Seller's Agent
SHAWN SOMERFIELD
Mountain Realty Group
Buyer's Agent
Pat Morgan
Century 21 MVP
List Price
$229,900
Sold Price
$230,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.08%
Original Mortgage
$237,590
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2014
Closed on
Sep 12, 2014
Sold by
Rolen Jeremiah E
Bought by
Stahr W Michael and Matthew Stahr R
Seller's Agent
Phillip Derosia
Robert Slack LLC
Buyer's Agent
SHAWN SOMERFIELD
Mountain Realty Group
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.12%

Purchase Details

Closed on
Oct 23, 2003
Sold by
James Tush Samuel and James Terri
Bought by
Moneymaker Billy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,500
Interest Rate
6%

Purchase Details

Closed on
Jul 28, 1993
Bought by
Tush Samuel J and Tush Terri W
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
Martinez Justin Jones -- Tennessee Land Title
Martinez Justin Jones $500,000 Tennessee Land Title
Praytor Robert E $230,000 --
Stahr W Michael $190,000 --
Moneymaker Billy W $18,000 --
Tush Samuel J $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Justin Jones $425,000
Previous Owner Praytor Robert E $237,590
Previous Owner Tush Samuel J $13,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Off Market $950,000 -- --
05/09/2022 05/09/22 Sold $950,000 +8.6% $471 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
04/01/2022 04/01/22 Price Changed $875,000 0.0% $434 / Sq Ft
04/01/2022 04/01/22 For Sale $875,000 +2.9% $434 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/26/2022 02/26/22 For Sale $850,000 +70.0% $422 / Sq Ft
01/10/2022 01/10/22 Off Market $500,000 -- --
10/08/2021 10/08/21 Sold $500,000 0.0% $248 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $500,000 +117.4% $248 / Sq Ft
06/27/2019 06/27/19 Off Market $230,000 -- --
03/29/2016 03/29/16 Sold $230,000 0.0% $114 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
10/28/2015 10/28/15 For Sale $229,900 +21.0% $114 / Sq Ft
09/12/2014 09/12/14 Sold $190,000 -- $94 / 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 $1,720 $116,200 $4,800 $111,400
2024 $1,720 $116,200 $4,800 $111,400
2023 $1,720 $116,200 $0 $0
2022 $1,075 $72,625 $3,000 $69,625
2021 $919 $72,625 $3,000 $69,625
2020 $795 $62,125 $3,000 $59,125
2019 $795 $42,750 $3,000 $39,750
2018 $795 $42,750 $3,000 $39,750
2017 $795 $42,750 $3,000 $39,750
2016 $795 $42,750 $3,000 $39,750
2015 -- $42,600 $0 $0
2014 $694 $42,606 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 247652

Great Smoky Mountains Association of REALTORS®

APN: 064N-D-016.00