NOT LISTED FOR SALE

1540 Licking Spring Way Sevierville, TN 37876

Estimated Value: $16,749 - $599,000

3 Beds
3 Baths
2,246 Sq Ft
$137/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $315,000 $140 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,689/month

179 Days on Market

Highlights

  • Home fronts a creek
  • 8.84 Acre Lot
  • Wooded Lot
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • 2-Story Property

About This Home

As of December 2020

Awesome three bedroom three bath home in Licklog Hollow. This is three lots totaling over 8 acres with around 2000 feet of meandering stream running through it in a beautiful, park-like setting. Over three miles of hiking trails and several springs on property. Home features master suite on main along with second bedroom and an office. Open concept kitchen living room . Downstairs is partially finished with 512 sf and being used as 3rd bedroom and 3rd bath. Two story out building with electric situated over stream set up with screened porch, living area down and a bed in loft . Nice & quiet neighborhood beautiful setting, no HOA fees and low county taxes. All appliances including washer & dryer, most furniture, tools & riding mower convey with home. Drone pics do not indicate view.

Last Agent to Sell the Property

Tracy King

Your Home Sold Guaranteed Real License #302880 Listed on: 03/18/2020

Your Home Sold Guaranteed Real

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM License #105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $960

Year Built

  • Built in 1999

Lot Details

  • 8.84 Acre Lot
  • Home fronts a creek
  • Property fronts a private road
  • Wooded Lot
  • Property is zoned A-R

Home Design

  • 2-Story Property
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Furnished
  • Gas Log Fireplace
  • Double Pane Windows
  • Attic Access Panel
  • Partially Finished Basement

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Screened Patio
  • Shed
  • Outbuilding
  • Rain Gutters
  • Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$960

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Zoning: A-R
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLotFeatures: Water Amenity, Wooded
  • Road Frontage Type: Private Road
  • Co List Office Mls Id: 612
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 1734.0
  • Architectural Style: Ranch
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Reso Other Structures: Outbuilding, Shed(s), Storage
  • ResoWindowFeatures: Double Pane Windows
  • Location Tax and Legal Tax Lot2: 0000
  • Location Tax and Legal:Tax Annual Amount: 960.23
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 8.84
  • General Property Information Above Grade Finished Area: 1734.0
  • General Property Information Below Grade Finished Area: 512.0
  • General Property Information Below Grade Unfinished Area: 1222.0
  • 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 Refrigerators: Yes
  • Washers: Yes
  • Attic Features Access Only: Yes
  • Cooling:Central Air: Yes
  • Roof:Composition: Yes
  • General Property Information Waterfront YN: Yes
  • Levels:Two: Yes
  • Water Source:Well: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures Storage4: Yes
  • Architectural Style Ranch2: Yes
  • Other Structures:Outbuilding: Yes
  • Road Frontage Type:Private Road: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Partially Finished
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: Walk-In Closet(s)
  • Street Number Modifier: 1540
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 512.0
  • Fireplace Features: Gas Log
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Basement2: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Acres: 8.84
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Porch, Screened
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Screened: Yes
  • Waterfront Features:Creek: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 385070.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 960.23
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2020
Closed on
Nov 8, 2020
Sold by
Rudd Veda Diane and Rudd Charles E
Bought by
Hotchkiss David
Seller's Agent
Tracy King
Your Home Sold Guaranteed Real
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$349,900
Sold Price
$315,000
Premium/Discount to List
-$34,900
-9.97%
Current Estimated Value
$307,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,125
Avg. Annual Appreciation
-0.47%
Original Mortgage
$315,000
Outstanding Balance
$280,305
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$27,570

Purchase Details

Closed on
Sep 17, 1998
Sold by
Watson Verlin C
Bought by
Rudd Veda D

Purchase Details

Closed on
Jan 17, 1996
Bought by
Watson Verlin C and Watson Carole
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
Hotchkiss David $315,000 Smoky Mountain Title
Rudd Veda D $18,000 --
Watson Verlin C $500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hotchkiss David $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2021 03/08/21 Off Market $315,000 -- --
01/25/2021 01/25/21 Off Market $315,000 -- --
12/04/2020 12/04/20 Sold $315,000 -7.3% $140 / Sq Ft
08/27/2020 08/27/20 Price Changed $339,900 -1.4% $151 / Sq Ft
07/07/2020 07/07/20 Price Changed $344,900 -0.6% $154 / Sq Ft
05/19/2020 05/19/20 Price Changed $347,000 -0.8% $154 / Sq Ft
03/18/2020 03/18/20 For Sale $349,900 -- $156 / 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 $883 $59,675 $6,925 $52,750
2024 $883 $59,675 $6,925 $52,750
2023 $883 $59,675 $0 $0
2022 $883 $59,675 $6,925 $52,750
2021 $883 $59,675 $6,925 $52,750
2020 $849 $59,675 $6,925 $52,750
2019 $849 $45,650 $7,100 $38,550
2018 $849 $45,650 $7,100 $38,550
2017 $849 $45,650 $7,100 $38,550
2016 $849 $45,650 $7,100 $38,550
2015 -- $46,425 $0 $0
2014 $757 $46,423 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 227482

Great Smoky Mountains Association of REALTORS®

APN: 064-022.37