NOT LISTED FOR SALE

1637 Majestic Oak Way Sevierville, TN 37876

Estimated Value: $500,910

2 Beds
2 Baths
1,176 Sq Ft
$426/Sq Ft Est. Value

Last Sold January 17, 2024

Last sale price $490,000 $417 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,803/month

56 Days on Market

Highlights

  • Pool and Spa
  • Wooded Lot
  • Great Room
  • Gatlinburg Pittman High School Rated A-
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of January 2024

Conveniently located to all the attractions and the national park, this 2-bedroom, 2-bathroom log cabin feels like you are deep in the mountains but you're just a few minutes away from all the action. Surrounded by all the beautiful nature to be enjoyed from the front porch or back deck, rest and relaxation is waiting for you to enjoy. As you enter you notice the fully equipped kitchen with breakfast bar and four stools. Off to the side is the dining room and the living room which features a stone gas fireplace with a custom carved mantle. The ground floor ensuite bedroom has a queen bed with both a shower and jacuzzi tub plus a washer and dryer. At the top of the wood stairs to the second floor, you're greeted by an air hockey table in the loft that looks over the first floor. Also, the second queen-size bedroom with a full bathroom with a shower and another jacuzzi tub! On the semi-secluded back deck awaits a hot tub, more rocking chairs, a table for four, and is equipped for a variety of entertainment. Rental Projections Ranging from $46K to $53K. Make this your own vacation mountain paradise or your next rental investment!

Last Agent to Sell the Property

Shannon McRoberts

Century 21 MVP License #356936 Listed on: 10/20/2023

Century 21 MVP

Co-Listed By

David Everett

Century 21 MVP License #326519

Last Buyer's Agent

Jeana Maddux

eXp Realty, LLC 7765 License #348719

eXp Realty, LLC 7765

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $924

Year Built

  • Built in 2004

Lot Details

  • 0.67 Acre Lot
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Log Cabin
  • Frame Construction
  • Composition Roof
  • Log Siding

Interior Spaces

  • 1,176 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Great Room
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pool and Spa
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Water Purifier
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 25

Community Details

Overview

  • Association fees include roads, security
  • Steve Haynes Association
  • Oldham Creek Springs Subdivision

Building Details

  • Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$924

Year Built

Built in 2004

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Zoning: R-1
  • CoListOfficeEmail: deborahkorlin@gmail.com
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Wooded
  • ResoPoolFeatures: Hot Tub
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Other
  • Reso Association Fee Includes: Roads, Security
  • Co List Office Mls Id: 12
  • Co List Office Mls Id: 12
  • Subdivision Name: Oldham Creek Springs
  • Above Grade Finished Sq Ft: 1176.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Unit Levels: One and One Half
  • ResoWindowFeatures: Window Treatments
  • Location Tax and Legal Tax Lot2: 25
  • Location Tax and Legal:Tax Annual Amount: 924.26
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Lot Size Acres: 0.67
  • General Property Information Above Grade Finished Area: 1176.0
  • General Property Information Bonus Room YN2: No
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels:One and One Half: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Utilities:Cable Available: Yes
  • Water Source:Well: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer, Water Purifier
  • Interior Amenities: Ceiling Fan(s), Great Room, Soaking Tub
  • Street Number Modifier: 1637
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Water Purifier: Yes

Exterior Features

  • Roof: Composition
  • Acres: 0.67
  • Home Warranty: No
  • Construction Type: Frame, Log
  • Patio And Porch Features: Covered, Porch
  • Construction Materials:Log: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Window Treatments: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Frame: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association Name: Steve Haynes
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Security2: Yes

Lot Info

  • Lot Size Sq Ft: 29185.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 924.26
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Jan 11, 2024
Sold by
Parker Ricky Lane
Bought by
Bagdasaryan Ambartsum
Seller's Agent
Shannon McRoberts
Century 21 MVP
Buyer's Agent
Jeana Maddux
eXp Realty, LLC 7765
List Price
$499,900
Sold Price
$490,000
Premium/Discount to List
-$9,900
-1.98%
Views
182
Current Estimated Value
$500,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,910
Avg. Annual Appreciation
1.30%
Original Mortgage
$416,500
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2015
Closed on
Feb 19, 2016
Sold by
Brendel Randy L
Bought by
Parker Ricky Lane
Seller's Agent
Phillip Derosia
Robert Slack LLC
Buyer's Agent
David Everett
Century 21 MVP
Sold Price
$169,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.39%

Purchase Details

Closed on
Jun 29, 2015
Sold by
Brendel Randy L
Bought by
Brendel Randy L

Purchase Details

Listed on
Oct 9, 2013
Closed on
Nov 20, 2013
Sold by
Muritz Robert E
Bought by
Brendel Randy L and Hieb Michelle R
Seller's Agent
Phillip Derosia
Robert Slack LLC
Buyer's Agent
Phillip Derosia
Robert Slack LLC
Sold Price
$157,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%

Purchase Details

Closed on
Jun 10, 2004
Sold by
Cogdill Randy A
Bought by
Muritz Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,930
Interest Rate
6.3%

Purchase Details

Closed on
Dec 3, 2003
Sold by
Hall Thomas E
Bought by
Cogdill Randy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.98%
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
Bagdasaryan Ambartsum $490,000 Maryville Title
Bagdasaryan Ambartsum $490,000 Maryville Title
Bagdasaryan Ambartsum $490,000 Maryville Title
Parker Ricky Lane $169,000 --
Brendel Randy L -- --
Brendel Randy L -- --
Brendel Randy L $157,000 --
Muritz Robert E $179,900 --
Cogdill Randy A $24,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bagdasaryan Ambartsum $416,500
Previous Owner Cogdill Randy A $125,930
Previous Owner Cogdill Randy A $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2024 01/17/24 Sold $490,000 -2.0% $417 / Sq Ft
12/16/2023 12/16/23 Pending -- -- --
12/09/2023 12/09/23 For Sale $499,900 0.0% $425 / Sq Ft
12/02/2023 12/02/23 Pending -- -- --
11/18/2023 11/18/23 For Sale $499,900 0.0% $425 / Sq Ft
11/05/2023 11/05/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $499,900 +195.8% $425 / Sq Ft
02/19/2016 02/19/16 Sold $169,000 +7.6% $144 / Sq Ft
11/20/2013 11/20/13 Sold $157,000 -- $134 / 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
2025 $1,479 $99,920 $19,200 $80,720
2024 $1,479 $99,920 $19,200 $80,720
2023 $1,479 $99,920 $0 $0
2022 $924 $62,450 $12,000 $50,450
2021 $924 $62,450 $12,000 $50,450
2020 $742 $62,450 $12,000 $50,450
2019 $742 $39,875 $12,000 $27,875
2018 $742 $39,875 $12,000 $27,875
2017 $742 $39,875 $12,000 $27,875
2016 $742 $39,875 $12,000 $27,875
2015 -- $36,750 $0 $0
2014 $599 $36,758 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 266951

Great Smoky Mountains Association of REALTORS®

APN: 096J-A-025.00