NOT LISTED FOR SALE

1553 Majestic Mountain Way 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

  • 1.51 Acre Lot
  • Mountain View
  • Cathedral Ceiling
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of August 2022

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.

Last Agent to Sell the Property

Will Beeler

Wallace Real Estate MRP Listed on: 06/15/2022

Last Buyer's Agent

Matthew Maloney

Prime Mountain Properties License #335706

Prime Mountain Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,237

Year Built

  • Built in 2004

Lot Details

  • 1.51 Acre Lot

Home Design

  • Log Cabin
  • Brick or Stone Mason
  • Composition Roof
  • Log Siding
  • Stone

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Double Pane Windows
  • Great Room
  • Bonus Room
  • Wood Flooring
  • Mountain Views
  • Finished Basement
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Majestic Mountains Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 084N A 007.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,237

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Security System, Smoke Detector(s)
  • Co List Office Mls Id: 531
  • Subdivision Name: Majestic Mountains
  • Above Grade Finished Sq Ft: 1626.0
  • Architectural Style: Cabin
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Three Or More
  • ResoWindowFeatures: Double Pane Windows
  • Location Tax and Legal Parcel Number2: 084N A 007.00
  • Location Tax and Legal Tax Lot2: 7
  • Location Tax and Legal:Tax Annual Amount: 1237.37
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 1.51
  • General Property Information Above Grade Finished Area: 1626.0
  • General Property Information Below Grade Finished Area: 813.0
  • General Property Information Bonus Room YN2: Yes
  • 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
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • Security Features:Security System: Yes
  • Levels Three Or More: Yes
  • Water Source:Well: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Finished
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Great Room, Soaking Tub, Wet Bar
  • Street Number Modifier: 1553
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 813.0
  • Fireplace Features: Gas Log, Insert
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement Finished: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Electric Cooktop: Yes
  • Fireplace Features:Insert: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Acres: 1.51
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log, Log Siding, Stone
  • Patio And Porch Features: Covered, Deck
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Stone: Yes
  • Construction Materials:Log Siding: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • 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 Size Sq Ft: 65775.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 084N A 007.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1237.37
  • Tax Lot: 7

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
Seller's Agent
Will Beeler
Wallace Real Estate MRP
Buyer's Agent
Matthew Maloney
Prime Mountain Properties
Sold Price
$1,000,000
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
-1.45%

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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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
11/10/2022 11/10/22 Off Market $1,000,000 -- --
08/10/2022 08/10/22 Sold $1,000,000 -- $410 / 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 $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

Agents Affiliated with this Home

  • W

    Seller's Agent in 2022

    Will Beeler

    Wallace Real Estate MRP

  • M

    Buyer's Agent in 2022

    Matthew Maloney

    Prime Mountain Properties

    (865) 719-2755

    71 in this area

    118 Total Sales

    Matthew Maloney
    Section Image
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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 250241

Great Smoky Mountains Association of REALTORS®

APN: 084N-A-007.00

Tennessee Sevier County Sevierville 37876

1553 Majestic Mountain Way, Sevierville, TN

This home is located at 1553 Majestic Mountain Way, Sevierville, TN 37876 since 15 June 2022 and is currently estimated at $956,523, approximately $392 per square foot. This property was built in 2004. 1553 Majestic Mountain Way is a home located in Sevier County with nearby schools including Catons Chapel Elementary School, Jones Cove Elementary School, and Northview Elementary School.

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