NOT LISTED FOR SALE

1563 Rainbow Ridge Rd Sevierville, TN 37862

Estimated Value: $106,000 - $265,318

0.01 Acre
$16,733,000 Price per Acre
436 Sq Ft Lot

Last Sold May 27, 2022

Last sale price $130,000

Est. 29% increase in value since last sale

Current estimated payment $988/month

24 Days on Market

About This Lot

As of May 2022

Sitting at the top of Rainbow Ridge this lot features a long-range view of Mt. LeConte. The development is located Just behind the Tanger Outlet Mall and close to Dollywood. Utility water and sewer at the street. Consider this lot for your next vacation overnight investment. This lot has an existing foundation from the log home that burnt down a few years ago.

Last Agent to Sell the Property

David Everett

Century 21 MVP License #326519 Listed on: 04/19/2022

Century 21 MVP

Last Buyer's Agent

Amanda Gilchrist

The Real Estate Firm Inc. Sevier

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $179

Lot Details

  • 436 Sq Ft Lot
  • Property fronts a private road
  • Steep Slope
  • Property is zoned R-2

HOA Fees

  • $100 Monthly HOA Fees

Property Views

  • Mountain Views

Community Details

  • Association fees include ground maintenance
  • Rainbow Ridge Owners Asso Association
  • Rainbow Ridge Subdivision
  • On-Site Maintenance

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 072K D 001.00

Property Details

Property Type

Land

Est. Annual Taxes

$179

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Land
  • Zoning: R-2
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Sloped, Steep Slope
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Reso Association Fee Includes: Maintenance Grounds
  • Co List Office Mls Id: 12
  • Subdivision Name: Rainbow Ridge
  • Location Tax and Legal Parcel Number2: 072K D 001.00
  • Location Tax and Legal Tax Lot2: 29
  • Location Tax and Legal:Tax Annual Amount: 179.03
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.01
  • General Property Information View YN2: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Utilities Sewer Available: Yes
  • Road Frontage Type:Private Road: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 1563
  • Possible Use: Residential, Single Family

Exterior Features

  • Acres: 0.01
  • View: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Steep Slope: Yes

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Monthly
  • Association Name: Rainbow Ridge Owners Asso
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Maintenance Grounds2: Yes

Lot Info

  • Lot Size Sq Ft: 435.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 072K D 001.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 179.03
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2009
Sold by
Harrelson Carroll
Bought by
Jonelle J Harrelson Revocable
Current Estimated Value
$167,330

Purchase Details

Closed on
Sep 27, 2006
Sold by
Rainbow Ridge Llc
Bought by
Hill Wayne R

Purchase Details

Closed on
Sep 15, 2006
Sold by
Rainbow Ridge Llc
Bought by
Parsons William J

Purchase Details

Closed on
Sep 5, 2006
Sold by
Rainbow Ridge Llc
Bought by
Atkins John G

Purchase Details

Closed on
Jul 18, 2006
Sold by
Wayne Hill
Bought by
Cosgrove Donald P
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
Jonelle J Harrelson Revocable -- --
Hill Wayne R -- --
Parsons William J $265,000 --
Atkins John G $429,000 --
Cosgrove Donald P $200,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2022 08/25/22 Off Market $130,000 -- --
05/27/2022 05/27/22 Sold $130,000 -7.1% --
05/14/2022 05/14/22 Pending -- -- --
05/07/2022 05/07/22 Price Changed $139,900 -6.7% --
04/19/2022 04/19/22 For Sale $149,900 -- --
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 $142 $9,625 $9,625 --
2024 $142 $9,625 $9,625 --
2023 $142 $9,625 $0 $0
2022 $142 $9,625 $9,625 $0
2021 $142 $9,625 $9,625 $0
2020 $179 $9,625 $9,625 $0
2019 $179 $9,625 $9,625 $0
2018 $179 $9,625 $9,625 $0
2017 $179 $9,625 $9,625 $0
2016 $179 $9,625 $9,625 $0
2015 -- $11,000 $0 $0
2014 $179 $11,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 248775

Great Smoky Mountains Association of REALTORS®

APN: 072K-D-001.00-029