NOT LISTED FOR SALE

1556 Myers Rd Sevierville, TN 37862

Estimated Value: $659,761 - $840,000

-- Bed
1 Bath
1,200 Sq Ft
$625/Sq Ft Est. Value

Last Sold April 16, 2018

Last sale price $399,900 $333 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,095/month

Highlights

  • Horses Allowed On Property
  • 7.35 Acre Lot
  • No HOA
  • Gatlinburg Pittman High School Rated A-
  • Seasonal View
  • Central Air

About This Home

As of April 2018

Beautiful acreage and FOUR homes on 7.35 acres. Double or triple the potential rental income by putting these on an overnight rental or continue with long term rentals for steady income. Live in one and rent the other 3. Lots of options. Each cottage is super nice with 2 bedrooms and 1 bath each. 2 of them have loft areas and 2 have unfinished basements with roughed in plumbing, so easy to convert to more living space. The access is very level and offers wooded and pasture land. Seller is ready to sell. 2 homes have metal roofs and the other 2 roofs were replaced in April 2015

Last Agent to Sell the Property

Patrick Malone

All Pro REALTORS, Inc. License #287979 Listed on: 02/27/2018

Last Buyer's Agent

Shahrooz Fard

American Realty & Cabin Rentals License #274458

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,521

Year Built

  • Built in 1993

Lot Details

  • 7.35 Acre Lot
  • Property fronts a county road

Home Design

  • Frame Construction

Parking

  • Private Parking
  • Driveway

Utilities

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

Additional Features

  • Seasonal Views
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 13

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,521

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1993
  • Zoning: R-1
  • Reso Property Sub Type: Multi Family
  • Horses: Yes
  • Road Frontage Type: County Road
  • Reso View: Seasonal
  • Co List Office Mls Id: 72
  • Garage Yn: No
  • Location Tax and Legal Tax Lot2: 13
  • Location Tax and Legal:Tax Annual Amount: 1521.0
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Lot Size Acres: 7.35
  • General Property Information Bonus Room YN2: No
  • General Property Information Home Warranty YN: No
  • Cooling:Central Air: Yes
  • View Seasonal: Yes
  • Road Frontage Type County Road: Yes
  • General Property Information Horse YN2: Y
  • Water Source Shared Well: Yes
  • General Property Information Number Of Units Total2: 4.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Street Number Modifier: 1556

Exterior Features

  • Acres: 7.35
  • Home Warranty: No
  • Construction Type: Frame
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Private
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Private3: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 320166.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1521.0
  • Tax Lot: 13

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2018
Closed on
Apr 12, 2018
Sold by
Rosko Catherine S
Bought by
Smith Renate Rosemarie and Smith Oliver Rocky
Seller's Agent
Patrick Malone
All Pro REALTORS, Inc.
Buyer's Agent
Shahrooz Fard
American Realty & Cabin Rentals
List Price
$399,000
Sold Price
$399,900
Premium/Discount to List
$900
0.23%
Current Estimated Value
$749,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,981
Avg. Annual Appreciation
8.74%

Purchase Details

Closed on
Jan 23, 2018
Sold by
Rosko Jesse
Bought by
Rosko Catherine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2014
Sold by
Rosko Catherine
Bought by
Crandell Harold and Geszvain Joni

Purchase Details

Closed on
Jul 29, 2002
Sold by
Oyen Norman M
Bought by
Oyen Norman M
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
Smith Renate Rosemarie $399,900 Smoky Mountain Title
Rosko Catherine S -- Smoky Mountain Title
Crandell Harold $200,000 --
Oyen Norman M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosko Catherine S $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2019 07/15/19 Off Market $399,900 -- --
04/16/2018 04/16/18 Sold $399,900 +0.2% $333 / Sq Ft
02/27/2018 02/27/18 For Sale $399,000 -- $333 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
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 $1,625 $109,775 $28,950 $80,825
2024 $1,625 $109,775 $28,950 $80,825
2023 $1,625 $109,775 $0 $0
2022 $1,625 $109,775 $28,950 $80,825
2021 $1,625 $109,775 $28,950 $80,825
2020 $1,521 $109,775 $28,950 $80,825
2019 $1,521 $81,775 $28,950 $52,825
2018 $1,521 $81,775 $28,950 $52,825
2017 $1,521 $81,775 $28,950 $52,825
2016 $1,521 $81,775 $28,950 $52,825
2015 -- $83,325 $0 $0
2014 $1,358 $83,309 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 214643

Great Smoky Mountains Association of REALTORS®

APN: 062-096.00