1547 Rainbow Ridge Way Sevierville, TN 37862
5
Beds
5
Baths
2,548
Sq Ft
436
Sq Ft Lot
Highlights
- Deck
- Cathedral Ceiling
- 2 Fireplaces
- Gatlinburg Pittman High School Rated A-
- Wood Flooring
- No HOA
About This Home
As of December 20235-bedroom, 5-bath log home very close to the Tanger Outlets, Dollywood, and downtown Pigeon Forge-theaters, restaurants, entertainment, shopping and more! Easily convenient to the heart of Pigeon Forge, with great back road access so that it is easy even when the traffic is tight. The subdivision has a walking trail to the water wheel entry fountain. This lovely cabin features 2 stone fireplaces, wood floors, large windows to enjoy the surrounding views, and a large game/rec room -plus all the bedrooms have en-suite bathrooms! Great as overnight rental or as your new vacation home. This is a Fannie Mae HomePath property.
Last Agent to Sell the Property
All Pro REALTORS, Inc. License #258706 Listed on: 08/28/2015
Last Buyer's Agent
ANNIE MALONEY
Prime Mountain Properties License #297936
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $998
Year Built
- Built in 2005
Home Design
- Log Cabin
- Frame Construction
- Metal Roof
- Log Siding
Interior Spaces
- 2-Story Property
- Cathedral Ceiling
- 2 Fireplaces
- Electric Fireplace
- Wood Flooring
- Washer and Electric Dryer Hookup
- Finished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Additional Features
- Deck
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Association fees include insurance, ground maintenance
- Rainbow Ridge Subdivision
- On-Site Maintenance
Listing and Financial Details
- Foreclosure
- Tax Lot 21/1/
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 28, 2015
Closed on
Nov 23, 2015
Sold by
Federal National Mortgage Association
Bought by
Smith Richard E and Smith Kathryn L
Seller's Agent
Jeff Schoenfield
All Pro REALTORS, Inc.
Buyer's Agent
ANNIE MALONEY
Prime Mountain Properties
List Price
$269,000
Sold Price
$223,000
Premium/Discount to List
-$46,000
-17.1%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$742,421
Avg. Annual Appreciation
15.74%
Original Mortgage
$200,000
Outstanding Balance
$86,220
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$836,024
Purchase Details
Closed on
Aug 14, 2015
Sold by
Painter Regina D
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jul 6, 2005
Sold by
Wayne Hill
Bought by
Painter Regina D
Similar Homes in Sevierville, TN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $223,000 | -- | |
| Deed | $250,000 | -- | |
| Deed | $90,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | New Conventional | |
| Previous Owner | $360,000 | No Value Available | |
| Previous Owner | $66,300 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/29/2023 12/29/23 | Sold | $975,000 | -0.5% | $383 / Sq Ft |
| 12/21/2023 12/21/23 | Pending | -- | -- | -- |
| 10/06/2023 10/06/23 | Price Changed | $980,000 | -6.7% | $385 / Sq Ft |
| 09/08/2023 09/08/23 | For Sale | $1,050,000 | +370.9% | $412 / Sq Ft |
| 02/21/2021 02/21/21 | Off Market | $223,000 | -- | -- |
| 11/23/2015 11/23/15 | Sold | $223,000 | -17.1% | $88 / Sq Ft |
| 11/02/2015 11/02/15 | Pending | -- | -- | -- |
| 08/28/2015 08/28/15 | For Sale | $269,000 | -- | $106 / Sq Ft |
Source: Great Smoky Mountains Association of REALTORS®
Tax History Compared to Growth
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 | $2,588 | $174,880 | $21,000 | $153,880 |
| 2023 | $2,588 | $174,880 | $0 | $0 |
| 2022 | $1,618 | $109,300 | $13,125 | $96,175 |
| 2021 | $1,618 | $109,300 | $13,125 | $96,175 |
| 2020 | $1,239 | $109,300 | $13,125 | $96,175 |
| 2019 | $1,239 | $66,625 | $13,125 | $53,500 |
| 2018 | $1,239 | $66,625 | $13,125 | $53,500 |
| 2017 | $1,239 | $66,625 | $13,125 | $53,500 |
| 2016 | $1,239 | $66,625 | $13,125 | $53,500 |
| 2015 | -- | $61,225 | $0 | $0 |
| 2014 | $998 | $61,227 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
W
Seller's Agent in 2023
Wyatt Morton
Keller Williams Smoky Mountain
-
A
Seller Co-Listing Agent in 2023
Abby Morton
Real Broker
(844) 591-7325
19 in this area
58 Total Sales
-
Buyer's Agent in 2023
Tiffany Mills
Jet Real Estate
(865) 318-8220
18 in this area
32 Total Sales
-
Seller's Agent in 2015
Jeff Schoenfield
All Pro REALTORS, Inc.
(865) 436-2849
51 in this area
87 Total Sales
-
A
Buyer's Agent in 2015
ANNIE MALONEY
Prime Mountain Properties
Map
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 198625
APN: 072K-D-001.00-021
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed. Copyright 2025 Great Smoky Mountains Association of REALTORS®. All rights reserved.
Nearby Homes
- 1559 Rainbow Ridge Way
- 1548 Rainbow Ridge Way
- 1544 Rainbow Ridge Way
- 1624 J E D Trail
- 1515 Rainbow Ridge Way
- 1576 Rainbow Ridge Way
- 1571 Rainbow Ridge Way
- 1528 Rainbow Ridge Way
- 1511 Rainbow Ridge Way
- 1619 Jed Trail
- 1625 Little Cabin Loop
- 375 Rainbow Rd
- 1590 Ridge Rd
- 0 Lots 1 2 3 and 21 Ridge Rd Unit 1307889
- 225 Collier Dr Unit 2105
- 225 Collier Dr Unit 3503
- 225 Collier Dr Unit 2212
- 225 Collier Dr Unit 2210
- 225 Collier Dr Unit 2111
- 225 Collier Dr Unit 2514