NOT LISTED FOR SALE

1563 Mountain Dreams Way Way Sevierville, TN 37862

Estimated Value: $1,438,241

4 Beds
6 Baths
3,229 Sq Ft
$445/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $1,275,000 $395 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,021/month

Highlights

  • In Ground Pool
  • 1.33 Acre Lot
  • Deck
  • Gatlinburg Pittman High School Rated A-
  • Mountain View
  • Wooded Lot

About This Home

As of August 2021

Newly constructed in 2020, Rental Income already booked for 2021 is at 120,000.00. Three-story 4 bedroom, located in Serenity Cove North Resort. Boasting mountain views, parking for 4 vehicles, upscale furnishings and amenities. Private indoor pool, you will surely find that Mountain Dreams is the luxurious Smoky Mountain getaway you've been searching for!
There is plenty of parking for up to 4 vehicles and easy access into the cabin. Enjoy the inviting fire pit with benches to the side of the cabin overlooking the mountains!
The main floor of the cabin has 1 bedroom, one and half bathrooms, dining area, kitchen, and living room. Relax in the living room with a toasty fire. . Gather the family for a ''home away from home'' cooked meal. With seating for 8.

Last Agent to Sell the Property

Tim Sharp

Just Listed Knoxville Real Est License #329578 Listed on: 05/15/2021

Co-Listed By

Lindsey Sharp

Just Listed Knoxville Real Est License #354941

Last Buyer's Agent

Jane Terrell

Century 21 Four Seasons Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,667

Year Built

  • Built in 2020

Lot Details

  • 1.33 Acre Lot
  • Wooded Lot

Home Design

  • Cabin
  • Stone Siding

Interior Spaces

  • 3,229 Sq Ft Home
  • Stone Fireplace
  • Electric Fireplace
  • Mountain Views
  • Crawl Space
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Garage
  • Basement Garage

Outdoor Features

  • In Ground Pool
  • Deck

Schools

  • Pigeon Forge Middle School
  • Pigeon Forge High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Serenity Cove Ph 4 Sec 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 115A A 008.00 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,667

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Directions: From the Parkway in Pigeon Forge turn onto Pine Mountain Rd. 5.2 miles to left onto Little Cove Road 2.4 miles to left onto Little Cove Road .07 miles to right onto Mill Creek Road 1.7 miles to sharp left turn onto Mountain Dreams Way
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2020
  • Lot Size Acres: 1.33
  • Lot Size: 155.07 X 485.85 IRR
  • Co List Office Mls Id: 2857
  • Co List Office Phone: 865-705-2062
  • Subdivision Name: Serenity Cove Ph 4 Sec 2
  • Architectural Style: Cabin
  • Property Attached Yn: No
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Dryer, Smoke Detector, Refrigerator, Microwave
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Electric, Stone
  • Fireplaces: 1
  • Flooring: Hardwood, Tile
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Pool - Swim (Ingrnd), Deck
  • View: Mountain View
  • Lot Features: Wooded
  • Construction Type: Stone

Garage/Parking

  • Attached Garage: No
  • Parking Features: Basement

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Schools

  • High School: Pigeon Forge
  • Middle Or Junior School: Pigeon Forge

Lot Info

  • Lot Size Sq Ft: 57935.0
  • Parcel #: 115A A 008.00 000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Aug 20, 2021
Sold by
Cove Mountain Ranch Llc
Bought by
Noha Investment Llc
Seller's Agent
Tim Sharp
Just Listed Knoxville Real Est
Buyer's Agent
Jane Terrell
Century 21 Four Seasons Realty
Sold Price
$1,275,000
Current Estimated Value
$1,438,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,241
Avg. Annual Appreciation
2.95%
Original Mortgage
$960,000
Outstanding Balance
$872,937
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$565,304

Purchase Details

Closed on
Feb 23, 2021
Sold by
1 Chronicles 17 27 Llc
Bought by
Cove Mountain Ranch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 22, 2019
Sold by
Milera Raul De La and Vieta Alma M
Bought by
1 Chronicles 17 27 Llc

Purchase Details

Closed on
Feb 19, 2019
Sold by
A And R Investments Of Florida Inc
Bought by
Milera Raul De La and Vieta Alina M

Purchase Details

Closed on
Aug 31, 2007
Sold by
Roberto Rivera
Bought by
A R Investments Of Pigeon Forg

Purchase Details

Closed on
Mar 26, 2007
Sold by
Michael Carbone
Bought by
Roberto Rivera

Purchase Details

Closed on
Aug 19, 2005
Bought by
Carbone Michael and Carbone Judy
Source: Public Records

Range of Values:

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Average Value
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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
Noha Investment Llc $1,275,000 Smoky Mountain Title
Cove Mountain Ranch Llc -- Tennessee Land Title
Cove Mountain Ranch Llc -- Tennessee Land Title
1 Chronicles 17 27 Llc $45,000 Tennessee Land Title
Milera Raul De La -- Hometown Title Llc
A R Investments Of Pigeon Forg -- --
Roberto Rivera $110,000 --
Carbone Michael $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noha Investment Llc $960,000
Previous Owner Cove Mountain Ranch Llc $663,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2021 08/23/21 Sold $1,275,000 -- $395 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $4,667 $315,320 $19,200 $296,120
2024 $4,667 $315,320 $19,200 $296,120
2023 $4,667 $315,320 $0 $0
2022 $2,917 $197,075 $12,000 $185,075
2021 $2,917 $197,075 $12,000 $185,075
2020 $223 $12,000 $12,000 $0
2019 $223 $12,000 $12,000 $0
2018 $223 $12,000 $12,000 $0
2017 $223 $12,000 $12,000 $0
2016 $223 $12,000 $12,000 $0
2015 -- $17,500 $0 $0
2014 $285 $17,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tim Sharp

    Just Listed Knoxville Real Est

    (865) 705-2062

    10 in this area

    139 Total Sales

    Tim Sharp
    Section Image

  • L

    Seller Co-Listing Agent in 2021

    Lindsey Sharp

    Just Listed Knoxville Real Est

    (865) 705-6062

    4 in this area

    143 Total Sales

    Lindsey Sharp
    Section Image

  • J

    Buyer's Agent in 2021

    Jane Terrell

    Century 21 Four Seasons Realty

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1153052

East Tennessee REALTORS® MLS

APN: 115A-A-008.00

Tennessee Sevier County Sevierville 37862

1563 Mountain Dreams Way Way, Sevierville, TN

This home is located at 1563 Mountain Dreams Way Way, Sevierville, TN 37862 since 15 May 2021 and is currently estimated at $1,438,241, approximately $445 per square foot. This property was built in 2020. 1563 Mountain Dreams Way Way is a home located in Sevier County with nearby schools including Catons Chapel Elementary School, Northview Elementary School, and Jones Cove Elementary School.

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.

East Tennessee REALTORS® MLS 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. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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