NOT LISTED FOR SALE

1553 Majestic Mountain Dr Sevierville, TN 37876

Estimated Value: $956,523

3 Beds
3 Baths
2,439 Sq Ft
$392/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $1,000,000 $410 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,427/month

42 Days on Market

Highlights

  • Home fronts a pond
  • 1.51 Acre Lot
  • Cooling Available
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Views

About This Home

As of August 2022

Reduced 100k! Spectacular panoramic views await you in this beautiful, light-filled cabin! Perched near the peak of majestic mountain ridge, this wonderful 3 level cabin showcases the natural wonder of the Great Smoky Mountains like no other. Sitting on over 1.5 acres, it has breathtaking views of all 4 major peaks in the area including a direct view of LeConte from all 3 of the spacious deck levels while being less than 10min from the Parkway. 3 beds 3 baths + sleeper spread evenly across all 3 levels ensures comfort and privacy for 10 cabin guests making it the perfect short term rental money maker. Sit outside enjoying the spectacular views while listening to the occasional whistle of the Dollywood train just below in the valley. 3 NEW HVAC units, 4yr roof, NEW hot tub, NEW private well

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,237

Year Built

  • Built in 2004

Lot Details

  • 1.51 Acre Lot
  • Home fronts a pond
  • Lot Has A Rolling Slope

Home Design

  • Frame Construction
  • Stone Siding
  • Log Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Carpet
  • Crawl Space
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Majestic Mountain Subdivision

Listing and Financial Details

  • Assessor Parcel Number 084N A 00700 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,237

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Year Built: 2004
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Oven, Washer
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1626
  • Below Grade Sq Ft: 813
  • Building Area Units: Square Feet
  • Living Area: 2439
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Frame, Log, Stone
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Pond
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Security System, Smoke Detector(s)
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Other, Cul-De-Sac, Private, Rolling Slope
  • Lot Size Acres: 1.51
  • Lot Size: 136.15 X 497.02 IRR
  • Lot Size Units: Acres
  • Parcel #: 084N A 00700 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1237

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 10, 2022
Sold by
Chad Walters M and Chad Erin
Bought by
Ailing Matthew Charles and Ailing Carrie Colvin
List Price
$1,199,000
Sold Price
$1,000,000
Premium/Discount to List
-$199,000
-16.6%
Current Estimated Value
$956,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,477
Avg. Annual Appreciation
-1.59%

Purchase Details

Closed on
May 23, 2012
Sold by
Majestic Mountain Llc
Bought by
Walters M Chad

Purchase Details

Closed on
Aug 24, 2011
Sold by
Walters Chad
Bought by
Majestic Mountain

Purchase Details

Closed on
Jun 29, 2011
Sold by
Us Bank National Associati
Bought by
Walters Chad

Purchase Details

Closed on
May 19, 2011
Sold by
Bever Lynne M
Bought by
Us Bank National Association T

Purchase Details

Closed on
Oct 4, 2004
Sold by
Legacy Homes Llc
Bought by
Bever Lynne M

Purchase Details

Closed on
Apr 7, 2004
Bought by
Legacy Homes Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ailing Matthew Charles $1,000,000 Tennessee Land Title
Walters M Chad -- --
Majestic Mountain -- --
Walters Chad $210,000 --
Us Bank National Association T $165,600 --
Bever Lynne M $433,745 --
Legacy Homes Llc $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walters M Chad $134,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2022 08/10/22 Sold $1,000,000 -16.6% $410 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $1,199,000 -- $492 / Sq Ft
Source: Realtracs

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 $2,582 $174,480 $26,000 $148,480
2023 $2,582 $174,480 $0 $0
2022 $1,614 $109,050 $16,250 $92,800
2021 $1,614 $109,050 $16,250 $92,800
2020 $1,237 $109,050 $16,250 $92,800
2019 $1,237 $66,525 $16,250 $50,275
2018 $1,237 $66,525 $16,250 $50,275
2017 $1,237 $66,525 $16,250 $50,275
2016 $1,237 $66,525 $16,250 $50,275
2015 -- $68,425 $0 $0
2014 $1,115 $68,415 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2933692

Realtracs

APN: 084N-A-007.00