NOT LISTED FOR SALE

1674 Dripping Springs Rd Seymour, TN 37865

Estimated Value: $553,961 - $575,000

-- Bed
-- Bath
-- Sq Ft
52.57 Acres

Last Sold September 29, 2023

Last sale price $685,000

Est. 18% decrease in value since last sale

Current estimated payment $2,982/month

64 Days on Market

Highlights

  • Home fronts a creek
  • 52.57 Acre Lot
  • Private Lot
  • Gatlinburg Pittman High School Rated A-
  • Mountain View
  • Wooded Lot

About This Home

As of September 2023

52 Acres of amazingly beautiful unique property. In the Greenbelt with county taxes only $140.00 yearly. UNRESTRICTED PROPERTY but just minutes to Sevierville, Maryville, and Knoxville. This property features one creek (Ellejoy Creek) and one natural spring that runs on the property line. There is an historic log cabin on the property situated right off the road that has been restored over the years. There is updated electric and water to the cabin with a full bathroom and plumbed for a kitchen. The cabin also features wrap around porches and an outdoor stone fireplace. The inside of the cabin is 700 sq. ft. with one bedroom, stone wood stove, concrete floors and it's precious. There have been two building sites that that the owners had perked when they purchased this property back in 2007. One of the sites already has a temporary electric pole and has been perked. The second site has also been perked. There is water on the property up to the stone fire pit. The water line is marked with orange as well as the property lines. The property has lots of room to enjoy walking, riding horses, and atv's or golf carts. The possibilities are endless. The seller is happy to take you on a tour and they would be willing to take down additional trees around the building site to create more mountain views.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $139

Lot Details

  • 52.57 Acre Lot
  • Home fronts a creek
  • Property fronts a county road
  • Private Lot
  • Paved or Partially Paved Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Home Design

  • Farm

Interior Spaces

  • Property has 3 Levels
  • Mountain Views

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Tax Lot /Tr1r
  • Assessor Parcel Number 079 02007 000

Property Details

Property Type

Other

Est. Annual Taxes

$139

Lot Details

0

Listing Details

  • Prop. Type: Farm
  • Habitable Residence: No
  • Unit Levels: Three Or More
  • ResoPropertyType: Farm
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Road Frontage Type: County Road
  • Road Surface Type: Other, Paved
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Creek
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Lot Info

  • Lot Features: Other, Private, Rolling Slope, Wooded
  • Lot Size Acres: 52.57
  • Lot Size: SEE SURVEY
  • Lot Size Units: Acres
  • Parcel #: 079 02007 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 139
  • Tax Lot: /Tr1r

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Sep 28, 2023
Sold by
Holt Carole Gwen
Bought by
Gessner Karin
List Price
$780,000
Sold Price
$685,000
Premium/Discount to List
-$95,000
-12.18%
Views
57
Current Estimated Value
$564,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$120,519
Avg. Annual Appreciation
-8.72%

Purchase Details

Closed on
May 18, 2010
Sold by
Holt Troy Lee
Bought by
Holt Troy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,686
Interest Rate
5.03%

Purchase Details

Closed on
Dec 28, 2005
Bought by
Holt Troy Lee
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
Gessner Karin $685,000 None Listed On Document
Holt Troy L $186,000 --
Holt Troy Lee $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holt Troy Lee $309,686
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $685,000 -12.2% --
09/14/2023 09/14/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $780,000 -- --
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 $139 $9,400 $9,025 $375
2024 $139 $9,400 $9,025 $375
2023 $139 $9,400 $0 $0
2022 $139 $9,400 $9,025 $375
2021 $139 $9,400 $9,025 $375
2020 $170 $9,400 $9,025 $375
2019 $170 $9,125 $8,625 $500
2018 $170 $9,125 $8,625 $500
2017 $170 $9,125 $8,625 $500
2016 $170 $9,125 $8,625 $500
2015 -- $0 $0 $0
2014 $130 $7,965 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2892763

Realtracs

APN: 079-020.07