$750,000
SOLD DEC 27, 2024

1540 Rainbow Ridge Way Sevierville, TN 37862

4 Beds
4 Baths
2,246 Sq Ft
1 Acres

Recently Sold

$334 Per Sq Ft

1 Day on Market

Highlights

  • Mountain View
  • 2 Fireplaces
  • Central Heating and Cooling System
  • Gatlinburg Pittman High School Rated A-
  • Covered Patio or Porch
  • Cabin

About This Home

As of December 2024

Mountain Views! This location can't be beat. You would never know you are right behind Tanger Outlet mall! Nestled back in the cutest little neighborhood, this cabin has it all...views, private en suites, comfort, large covered porch and decks, all while having quick access to all the activities the Smoky Mountains has to offer! With New HVAC, New Water Heater, 2 electric fireplaces, and room for multiple families you aren't going to want to miss this one!

Last Agent to Sell the Property

Gennifer Mix

eXp Realty, LLC 7720 License #325042 Listed on: 11/24/2024

eXp Realty, LLC 7720

Last Buyer's Agent

Jeana Maddux

eXp Realty, LLC 7720 License #348719

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,904

Year Built

  • Built in 2005

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Cabin
  • Metal Roof

Interior Spaces

  • 3-Story Property
  • 2 Fireplaces
  • Electric Fireplace
  • Mountain Views

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • On-Site Parking

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • Property is zoned R-2

Community Details

  • Rainbow Ridge Owners Association, Phone Number (607) 423-6345
  • Rainbow Ridge Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 20031827

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,904

Year Built

Built in 2005

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Zoning: R-2
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Views
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Subdivision Name: Rainbow Ridge
  • Above Grade Finished Sq Ft: 1382.0
  • Architectural Style: Cabin
  • Fireplace: Yes
  • Garage Yn: No
  • New Construction: No
  • Location Tax and Legal New Construction YN: No
  • Location Tax and Legal Parcel Number2: 20031827
  • Location Tax and Legal Tax Lot2: 12
  • Location Tax and Legal:Tax Annual Amount: 2904.35
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Above Grade Finished Area: 1382.0
  • General Property Information Below Grade Finished Area: 864.0
  • 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 View YN2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Cooling:Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • General Property Information:Stories Total: 3
  • General Property Information Fireplace YN: Yes
  • Main Room Levels Main Level Bathrooms: 1
  • Main Room Levels Main Level Bedrooms: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Street Number Modifier: 1540
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 864.0
  • Fireplace Features: Electric
  • Fireplaces: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 3
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Electric2: Yes
  • Appliances:Electric Cooktop: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Roof: Metal
  • View: Yes
  • Home Warranty: No
  • Patio And Porch Features: Covered, Porch
  • Patio And Porch Features:Covered2: Yes
  • Patio and Porch Features:Porch: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Views: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, On Site
  • General Property Information:Garage YN: No
  • Parking Features:On Site: Yes
  • Parking Features:Asphalt: Yes

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Monthly
  • Association Name: Rainbow Ridge Owners Association
  • Phone: 607-423-6345
  • Association: Yes

Lot Info

  • Parcel #: 20031827

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2904.35
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2024
Closed on
Dec 18, 2024
Sold by
Harpole Rebecca and Harpole Jared
Bought by
Green Matthew
Seller's Agent
Gennifer Mix
eXp Realty, LLC 7720
Buyer's Agent
Jeana Maddux
eXp Realty, LLC 7720
List Price
$750,000
Sold Price
$750,000
Views
1
Current Estimated Value
$745,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,124
Avg. Annual Appreciation
-0.58%
Original Mortgage
$600,000
Outstanding Balance
$595,326
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$150,550

Purchase Details

Listed on
Aug 7, 2020
Closed on
Sep 8, 2020
Sold by
Beld Joel R and Beld Carrie L
Bought by
Harpole Jared and Harpole Rebecca
Seller's Agent
Brandon Hannah
Brandon Hannah Properties
Buyer's Agent
Gennifer Mix
eXp Realty, LLC 7720
List Price
$519,900
Sold Price
$519,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
Original Mortgage
$415,920
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2019
Closed on
May 10, 2019
Sold by
Nobles Kenneth W
Bought by
Beld Robert W and Beld Ruth Ann
Seller's Agent
Sarah Williams
eXp Realty, LLC 7720
Buyer's Agent
Brandon Hannah
Brandon Hannah Properties
List Price
$474,900
Sold Price
$470,000
Premium/Discount to List
-$4,900
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$376,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2005
Sold by
Wayne Hill
Bought by
Wade Nobles Kenneth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $750,000 Maryville Title
Warranty Deed $750,000 Maryville Title
Warranty Deed $519,900 Chapman & Rosenthal Ttl Inc
Warranty Deed $470,000 Heritage Title Agency Inc
Deed $395,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Closed $600,000 New Conventional
Previous Owner $415,920 New Conventional
Previous Owner $376,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2024 12/27/24 Sold $750,000 0.0% $334 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
11/24/2024 11/24/24 For Sale $750,000 +44.3% $334 / Sq Ft
12/08/2020 12/08/20 Off Market $519,900 -- --
09/08/2020 09/08/20 Sold $519,900 0.0% $231 / Sq Ft View Prior Sale
08/07/2020 08/07/20 For Sale $519,900 +10.6% $231 / Sq Ft
04/07/2020 04/07/20 Off Market $470,000 -- --
05/10/2019 05/10/19 Sold $470,000 -1.0% $209 / Sq Ft View Prior Sale
04/05/2019 04/05/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $474,900 -- $211 / 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 $2,904 $196,240 $16,800 $179,440
2024 $2,904 $196,240 $16,800 $179,440
2023 $2,904 $196,240 $0 $0
2022 $1,815 $122,650 $10,500 $112,150
2021 $1,815 $122,650 $10,500 $112,150
2020 $1,038 $122,650 $10,500 $112,150
2019 $1,038 $55,825 $10,500 $45,325
2018 $1,038 $55,825 $10,500 $45,325
2017 $1,038 $55,825 $10,500 $45,325
2016 $1,038 $55,825 $10,500 $45,325
2015 -- $51,975 $0 $0
2014 $847 $51,968 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 303977

Great Smoky Mountains Association of REALTORS®

APN: 072K-D-001.00-012