NOT LISTED FOR SALE

1547 Majestic Mountain Way Sevierville, TN 37876

Estimated Value: $1,164,421

3 Beds
3 Baths
3,232 Sq Ft
$360/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $1,045,000 $323 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,642/month

61 Days on Market

Highlights

  • Pool and Spa
  • 1.38 Acre Lot
  • Deck
  • Gatlinburg Pittman High School Rated A-
  • Mountain View
  • Private Lot

About This Home

As of August 2021

"Above it All" presents an incredible opportunity to purchase a recently built rental cabin with jaw dropping views. Among the many things that set this cabin apart from the crowd include the private panoramic views while sitting on 1.38 acres, top notch quality, and convenient location to both Pigeon Forge and Gatlinburg with easy backroad access as well. The views are second to none with a straight on view of Mount Leconte, distant views of the Ober Gatlinburg ski slopes, and private panoramic views deep into the Smokies. You can even sit on the porch and see the Dollywood fireworks at night in season along with hearing the distant whistle of the Dollywood train! The rental income is excellent with revenue at $94,062.73 in 2020 (not including taxes, cleaning fees, or other fees) with it's 2021 revenues on pace to outperform 2020! The 2020 revenues were at that amazing level despite 28 nights blocked in 2020 for owner use. The electric bill only averaged $288.42 for the large, 3232 square foot cabin. A good testament to it being well insulated and the overall quality of construction of the cabin. The attention to detail is significant and many things are added above and beyond the typical rental cabin in our area. Including a separate lower tiered seating deck area with fire pit to take in the spectacular views. The privacy looking directly out the back is extremely rare in our area with very few cabins in sight and a direct view to the mountains in the Smoky Mountain National Park. Inside you'll find luxury abounds and the floor plan is ideal for rental. Each level has its own bedroom, private bath, and deck off the back to take in the mountain views. You won't find the typical run of the mill showers in this cabin! The master bath features a large walk in shower with dual shower heads while the other baths feature upgraded materials as well. The large and private theater room provides tiered seating for 12 including a wet bar. The game room also doesn't disappoint with the pool table and sit down arcade. A separate nook upstairs includes a foosball table, sofa, and TV making fun and games able to be enjoyed on separate levels. High end luxury furniture is throughout the cabin and many intricate details such as the coffee bar and laundry were custom designed by the owners of the cabin. The fireplace in the family room is floor to ceiling stacked stone and offers a tremendous view from the room. This cabin checks all of the boxes for a productive cabin investment in our area including the rare combination of an absolutely breathtaking mountain view, privacy and large lot size (1.38 acres), no HOA fees, recent (2018) high end quality construction, and an already outstanding rental performer. Note: Drone photography is being used in a few of the photos within this listing.

Last Agent to Sell the Property

Jay Fradd

Smoky Mountain Real Estate Cor License #313792 Listed on: 04/20/2021

Last Buyer's Agent

Jay Fradd

Smoky Mountain Real Estate Cor License #313792 Listed on: 04/20/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,575

Year Built

  • Built in 2018

Lot Details

  • 1.38 Acre Lot
  • Lot Dimensions are 114x427x168x490
  • Property fronts a county road
  • Private Lot
  • Wooded Lot

Property Views

  • Mountain
  • Seasonal

Home Design

  • Log Cabin
  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Window Treatments
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck

Utilities

  • Cooling Available
  • Heat Pump System
  • Private Water Source
  • Septic Tank
  • Septic Permit Issued
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Majestic Mountains Subdivision

Listing and Financial Details

  • Tax Lot 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,575

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Private, Wooded
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: County Road
  • Reso View: Mountain(s), Seasonal
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 505
  • Subdivision Name: Majestic Mountains
  • Above Grade Finished Sq Ft: 2140.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • ResoWindowFeatures: Double Pane Windows, Window Treatments
  • Location Tax and Legal Tax Lot2: 8
  • Location Tax and Legal:Tax Annual Amount: 1575.42
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 1.38
  • General Property Information Above Grade Finished Area: 2140.0
  • General Property Information Below Grade Finished Area: 1092.0
  • 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
  • General Property Information View YN2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • View Seasonal: Yes
  • Road Frontage Type County Road: Yes
  • Sewer Septic Permit On File: Yes
  • Utilities:Cable Available: Yes
  • General Property Information Lot Size Dimensions: 114x427x168x490
  • Water Source Private6: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet, Solid Surface Counters, Walk-In Closet(s), Wet Bar
  • Street Number Modifier: 1547
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1092.0
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Wet Bar: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Solid Surface Counters: Yes

Exterior Features

  • Roof: Metal
  • Acres: 1.38
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log Siding, Wood Siding
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Log Siding: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Private2: 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: Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank, Septic Permit On File
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private
  • 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 Dimensions: 114x427x168x490
  • Lot Size Sq Ft: 60112.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1575.42
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2021
Sold by
Apple Creek Real Estate Holdings Llc
Bought by
Above It All Experience
Current Estimated Value
$1,164,421

Purchase Details

Listed on
Apr 20, 2021
Closed on
Aug 20, 2021
Sold by
Above It All Cabin Rental Llc
Bought by
Apple Creek Real Estate Holdings Llc
Seller's Agent
Jay Fradd
Smoky Mountain Real Estate Cor
Buyer's Agent
Jay Fradd
Smoky Mountain Real Estate Cor
List Price
$1,100,000
Sold Price
$1,045,000
Premium/Discount to List
-$55,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.19%
Original Mortgage
$836,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 29, 2012
Sold by
Adams Mike E
Bought by
Above It All Cabin Rental Llc

Purchase Details

Closed on
Nov 10, 2011
Sold by
Reed Charles L
Bought by
Adams Mike E and Adams Janice P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,150
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 22, 2006
Sold by
Isaacs Ray A
Bought by
Reed Charles L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
6.5%

Purchase Details

Closed on
Oct 20, 2004
Sold by
Legacy Homes Llc
Bought by
Kamstra Garrett A

Purchase Details

Closed on
Oct 5, 2004
Sold by
Legacy Homes Llc
Bought by
Dean Daniel J

Purchase Details

Closed on
Oct 4, 2004
Sold by
Legacy Homes Llc
Bought by
Isaacs Ray A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Above It All Experience -- Smoky Mountain Title Inc
Apple Creek Real Estate Holdings Llc $1,045,000 Smoky Mountain Title
Above It All Cabin Rental Llc -- --
Adams Mike E $243,500 --
Reed Charles L $460,000 --
Kamstra Garrett A $422,150 --
Dean Daniel J $425,000 --
Isaacs Ray A $425,900 --
Bever Lynne M $433,745 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Apple Creek Real Estate Holdings Llc $836,000
Previous Owner Adams Mike E $219,150
Previous Owner Bever Lynne M $414,000
Previous Owner Isaacs Ray A $384,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Off Market $1,045,000 -- --
08/30/2021 08/30/21 Sold $1,045,000 -5.0% $323 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $1,100,000 0.0% $340 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $1,100,000 0.0% $340 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $1,100,000 -- $340 / 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 $3,560 $240,520 $26,000 $214,520
2023 $3,560 $240,520 $0 $0
2022 $2,225 $150,325 $16,250 $134,075
2021 $2,225 $150,325 $16,250 $134,075
2020 $1,575 $150,325 $16,250 $134,075
2019 $1,575 $84,700 $16,250 $68,450
2018 $1,317 $84,700 $16,250 $68,450
2017 $302 $16,250 $16,250 $0
2016 $1,258 $67,625 $16,250 $51,375
2015 -- $69,250 $0 $0
2014 $1,129 $69,252 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 241971

Great Smoky Mountains Association of REALTORS®

APN: 084N-A-008.00