NOT LISTED FOR SALE

1631 Jed Tr Sevierville, TN 37862

Estimated Value: $495,000 - $633,732

2 Beds
2.5 Baths
1,916 Sq Ft
$306/Sq Ft Est. Value

Last Sold March 14, 2022

Last sale price $726,000 $379 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $3,323/month

4 Days on Market

Highlights

  • Home fronts a creek
  • Mountain View
  • Wood Flooring
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • 2 Fireplaces

About This Home

As of March 2022

*MULTIPLE OFFERS: Highest and best due Sunday 2/5 at 6pm EST* This charming and HUGE 2/2.5 cabin has got it all! Tucked in a quiet development just a few minutes off the strip, guests will experience natural beauty and privacy with all the convenience of easy roads, city utilities and Xfinity high-speed internet. The main level boasts an open-concept living space with kitchen/dining, laundry, living area with gas fireplace, half bath, AND the pool table and multicade! Upstairs is an expansive master suite with vaulted ceiling, full bath, jetted tub, and private balcony. The lower level features a huge second bedroom with its own full bath, currently set up with a king bed and high-end futon for additional sleeping (and gaming on the X-box!). Plenty of space to add to the recreation features, create a bunk room, or both! There are FIVE covered decks on this cabin, including a very secluded area for the hot tub, and peaceful hillside views from every level. With rental projections from $70-90k+, make this one your next money-maker!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $796

Year Built

  • Built in 2007

Lot Details

  • 436 Sq Ft Lot
  • Home fronts a creek
  • Zero Lot Line

HOA Fees

  • $85 Monthly HOA Fees

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Electric Fireplace
  • Wood Flooring
  • Mountain Views
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Gas Grill

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Uses Propane
  • High Speed Internet
  • Cable TV Available

Community Details

  • Wyatt Cabins Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 072K C 00100 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$796

Year Built

Built in 2007

Lot Details

0

HOA Fees

$85 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • Year Built: 2007
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Ceiling Fan(s), High Speed Internet
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Oven, Washer
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Wood
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 1222
  • Below Grade Sq Ft: 694
  • Building Area Units: Square Feet
  • Living Area: 1916
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Balcony, Gas Grill
  • Construction Type: Log
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Creek
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Wall/Window Unit(s), Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Propane
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Cable Connected

Condo/Co-op/Association

  • Association Fee: 1020
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Lot Features: Other, Zero Lot Line
  • Lot Size Acres: 0.01
  • Lot Size Units: Acres
  • Parcel #: 072K C 00100 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 796
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 30, 2021
Sold by
Armstead Jeffery A
Bought by
Chumbley Torrance Alan and Chumbley Carin Lorraine
List Price
$379,000
Sold Price
$410,000
Premium/Discount to List
$31,000
8.18%
Current Estimated Value
$587,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,244
Avg. Annual Appreciation
8.03%
Original Mortgage
$328,000
Outstanding Balance
$295,184
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$292,060

Purchase Details

Listed on
Feb 18, 2021
Closed on
Feb 22, 2021
Sold by
Armstead Pamella S
Bought by
Armstead Jeffery Alan
List Price
$379,000
Sold Price
$410,000
Premium/Discount to List
$31,000
8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Outstanding Balance
$295,184
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$292,060

Purchase Details

Closed on
Jun 3, 2019
Sold by
Wilson Daniel R
Bought by
Armstead Jeffery A and Armstead Pamella S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2016
Sold by
Berube Todd M
Bought by
Wilson Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
4.63%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chumbley Torrance Alan $410,000 None Available
Armstead Jeffery Alan -- None Available
Armstead Jeffery A $290,000 None Available
Wilson Daniel R $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chumbley Torrance Alan $328,000
Previous Owner Armstead Jeffery A $261,000
Previous Owner Wilson Daniel R $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2022 03/14/22 Sold $726,000 +16.2% $379 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $625,000 +52.4% $326 / Sq Ft
03/29/2021 03/29/21 Sold $410,000 +8.2% $225 / Sq Ft View Prior Sale
02/19/2021 02/19/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $379,000 -- $208 / 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
2025 $1,892 $127,840 $10,800 $117,040
2024 $1,892 $127,840 $10,800 $117,040
2023 $1,892 $127,840 $0 $0
2022 $1,183 $79,900 $6,750 $73,150
2021 $1,183 $79,900 $6,750 $73,150
2020 $796 $79,900 $6,750 $73,150
2019 $796 $42,775 $6,750 $36,025
2018 $796 $42,775 $6,750 $36,025
2017 $796 $42,775 $6,750 $36,025
2016 $796 $42,775 $6,750 $36,025
2015 -- $39,050 $0 $0
2014 $637 $39,062 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2828935

Realtracs

APN: 072K-C-001.00-017