NOT LISTED FOR SALE

1520 Firefly Trail Way Sevierville, TN 37862

Estimated Value: $1,262,416 - $1,429,000

3 Beds
3.5 Baths
2,880 Sq Ft
$465/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $1,450,000 $503 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $7,847/month

69 Days on Market

Highlights

  • Pool and Spa
  • Mountain View
  • Cathedral Ceiling
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Furnished

About This Home

As of July 2022

Recently constructed (2020) income producing TRUE log cabin with gorgeous mountain views (Bluff Mountain) near the heart of Sevier County (Pigeon Forge)! INDOOR SWIMMING POOL! Just minutes from the Pigeon Forge Parkway this mountain home is sure to delight any traveler. The home features granite counter tops, open floor plan concept for entertaining, 3 levels of full width decks, handsome tongue and groove throughout, cathedral ceilings, walls of glass, oversized swimming pool, and fully outfitted game room just to name a few. Estimated total ROI for all cash is 14.2% and with a 20% down payment its roughly 48%! Over $214k in gross income for 2021! Over $80k on the books / completed for 2022! Enjoy passive income from one of the BEST overnight rental areas in the country!

Last Agent to Sell the Property

Deborah Korlin

Century 21 MVP License #293982 Listed on: 02/02/2022

Century 21 MVP

Co-Listed By

Greg Korlin

Century 21 MVP License #324858

Last Buyer's Agent

Kathy Leedy

Great Smoky Mountains Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,800

Year Built

  • Built in 2020

Lot Details

  • 4,356

HOA Fees

  • $130 Monthly HOA Fees

Home Design

  • Log Cabin
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Log Siding
  • Stucco

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Great Room
  • Mountain Views
  • Fire and Smoke Detector
  • Dryer
  • Finished Basement

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Pool and Spa
  • Deck
  • Covered patio or porch
  • Rain Gutters

Utilities

  • Cooling Available
  • Heating Available
  • Shared Septic
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 138R

Community Details

Overview

  • Association fees include ground maintenance, roads
  • Wise Property Solutions Association
  • Black Bear Ridge Subdivision
  • On-Site Maintenance

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,800

Year Built

Built in 2020

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Zoning: R-1
  • CoListOfficeEmail: deborahkorlin@gmail.com
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub, Private
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Management
  • Reso Association Fee Includes: Maintenance Grounds, Roads
  • Co List Office Mls Id: 12
  • Co List Office Mls Id: 12
  • Subdivision Name: Black Bear Ridge
  • Above Grade Finished Sq Ft: 1920.0
  • Architectural Style: Log
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: Three Or More
  • ResoWindowFeatures: Double Pane Windows
  • Location Tax and Legal Tax Lot2: 138R
  • Location Tax and Legal:Tax Annual Amount: 2800.0
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Above Grade Finished Area: 1920.0
  • General Property Information Below Grade Finished Area: 960.0
  • General Property Information:Bathrooms Half: 1
  • 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
  • General Property Information View YN2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style Log2: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features Private4: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Sewer Shared Septic: Yes
  • Levels Three Or More: Yes
  • Foundation Details Slab: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Great Room, High Speed Internet, Solid Surface Counters
  • Street Number Modifier: 1520
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 960.0
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Solid Surface Counters: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log, Stucco, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Sewer: Shared Septic
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association Fee: 390.0
  • Association Fee Frequency: Quarterly
  • Association Name: Wise Property Solutions
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Management: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2800.0
  • Tax Lot: 138R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2019
Closed on
May 29, 2020
Sold by
Efrain Morales
Bought by
Eric Jones Michael and Jones Christina W
Seller's Agent
Angelina Knight
Great Mountain Realty LLC
Buyer's Agent
Deborah Korlin
Century 21 MVP
List Price
$675,000
Sold Price
$663,525
Premium/Discount to List
-$11,475
-1.7%
Current Estimated Value
$1,337,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$674,280
Avg. Annual Appreciation
14.65%
Original Mortgage
$510,400
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 28, 2016
Closed on
Jan 25, 2017
Sold by
Vichich Michael G
Bought by
Morales Efrain
Seller's Agent
Karen Lay
Prime Mountain Properties
Buyer's Agent
Karen Lay
Prime Mountain Properties
List Price
$22,500
Sold Price
$22,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
176.28%
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
Eric Jones Michael $663,525 Smoky Mountain Title
Morales Efrain $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Millsap Ryan $1,160,000
Closed Eric Jones Michael $510,400
Previous Owner Morales Efrain $350,000
Previous Owner Jalen Lohman $464,000
Previous Owner Jalen Lohman $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Off Market $1,450,000 -- --
07/01/2022 07/01/22 Sold $1,450,000 -2.7% $503 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/14/2022 05/14/22 Price Changed $1,489,900 -6.3% $517 / Sq Ft
05/09/2022 05/09/22 Price Changed $1,589,900 0.0% $552 / Sq Ft
05/09/2022 05/09/22 For Sale $1,589,900 -0.6% $552 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/12/2022 04/12/22 Price Changed $1,599,900 -5.8% $556 / Sq Ft
03/08/2022 03/08/22 For Sale $1,699,000 +156.1% $590 / Sq Ft
08/30/2020 08/30/20 Off Market $663,525 -- --
06/01/2020 06/01/20 Sold $663,525 -1.7% $229 / Sq Ft
05/05/2020 05/05/20 For Sale $675,000 +1.7% $233 / Sq Ft
05/01/2020 05/01/20 Off Market $663,525 -- --
09/05/2019 09/05/19 For Sale $675,000 +2900.0% $233 / Sq Ft
05/07/2017 05/07/17 Off Market $22,500 -- --
02/03/2017 02/03/17 Sold $22,500 0.0% $8 / Sq Ft
12/28/2016 12/28/16 Pending -- -- --
12/28/2016 12/28/16 For Sale $22,500 -- $8 / 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
2024 $3,946 $266,640 $11,200 $255,440
2023 $3,946 $266,640 $0 $0
2022 $2,466 $166,650 $7,000 $159,650
2021 $2,466 $166,650 $7,000 $159,650
2020 $1,247 $166,650 $7,000 $159,650
2019 $65 $3,500 $3,500 $0
2018 $65 $3,500 $3,500 $0
2017 $65 $3,500 $3,500 $0
2016 $65 $3,500 $3,500 $0
2015 $51 $3,125 $0 $0
2014 $51 $3,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 247194

Great Smoky Mountains Association of REALTORS®

APN: 093L-A-001.00-133