NOT LISTED FOR SALE

1802 Spring Cove Way Sevierville, TN 37862

Estimated Value: $514,102

2 Beds
2 Baths
1,176 Sq Ft
$437/Sq Ft Est. Value

Last Sold October 26, 2017

Last sale price $220,000 $187 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $2,938/month

450 Days on Market

Highlights

  • Pool and Spa
  • 3.66 Acre Lot
  • Private Lot
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of October 2017

This 2 bedroom, 2 bath cabin on 3.66 acres can be your own private retreat. Great location between Pigeon Forge and Wears Valley. Cabin comes fully furnished and has a nice gazebo with hot tub in the private wooded setting making it a perfect rental cabin. Keep 3.66 acres all together or split and build another cabin. Make this your Smoky Mountain Dream. An additional 3.50 acres is available for $50,000.

Last Agent to Sell the Property

George Myrick

Little River Realty, Inc Listed on: 06/21/2016

Last Buyer's Agent

George Myrick

Little River Realty, Inc Listed on: 06/21/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $806

Year Built

  • Built in 1995

Lot Details

  • 3.66 Acre Lot
  • Property fronts a county road
  • Private Lot
  • Wooded Lot

Home Design

  • Ranch Style House
  • Composition Roof
  • Cedar

Interior Spaces

  • 1,176 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Wood Flooring
  • Crawl Space
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Pool and Spa
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1A-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$806

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Zoning: Residential
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLotFeatures: Private, Wooded
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 315
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 1176.0
  • Architectural Style: Ranch
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Tax Lot2: 1A-1
  • Location Tax and Legal:Tax Annual Amount: 806.0
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Lot Size Acres: 3.66
  • General Property Information Above Grade Finished Area: 1176.0
  • General Property Information Bonus Room YN2: No
  • General Property Information:Furnished: Furnished
  • 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
  • Washers: Yes
  • Attic Features Access Only: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Road Frontage Type County Road: Yes
  • Levels:One: Yes
  • Water Source:Well: Yes
  • Architectural Style Ranch2: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Washer
  • Interior Amenities: Ceiling Fan(s), Soaking Tub
  • Street Number Modifier: 1802
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Gas Log: Yes

Exterior Features

  • Roof: Composition
  • Acres: 3.66
  • Home Warranty: No
  • Construction Type: Cedar
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Cedar: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Private2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage Door Opener
  • General Property Information:Garage YN: No
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • 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: No

Lot Info

  • Lot Size Sq Ft: 159429.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 806.0
  • Tax Lot: 1A-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2016
Closed on
Oct 24, 2017
Sold by
Bannerman Marcus D and Bannerman Joyce L
Bought by
Frischman Ramona G
Seller's Agent
George Myrick
Little River Realty, Inc
Buyer's Agent
George Myrick
Little River Realty, Inc
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%
Current Estimated Value
$514,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,102
Avg. Annual Appreciation
10.63%
Original Mortgage
$176,000
Outstanding Balance
$101,657
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$383,216

Purchase Details

Listed on
Nov 11, 2009
Closed on
May 8, 2012
Sold by
Meeks Joe D
Bought by
Bannerman Marcus D and Bannerman Joyce L
Seller's Agent
George Myrick
Little River Realty, Inc
Buyer's Agent
George Myrick
Little River Realty, Inc
List Price
$319,900
Sold Price
$230,000
Premium/Discount to List
-$89,900
-28.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.81%

Purchase Details

Closed on
Jan 25, 2006
Sold by
Elkins Lisa R Trustee
Bought by
Meeks Joe D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.21%

Purchase Details

Closed on
May 4, 2004
Sold by
Elkins David W
Bought by
Elkins Lisa R Trustee
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
Frischman Ramona G $220,000 Genesis Real Esttae Title
Bannerman Marcus D $230,000 --
Meeks Joe D $255,000 --
Elkins Lisa R Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frischman Ramona G $176,000
Previous Owner Elkins Lisa R Trustee $204,000
Previous Owner Elkins David W $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2019 01/24/19 Off Market $220,000 -- --
10/26/2017 10/26/17 Sold $220,000 -8.3% $187 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
06/21/2016 06/21/16 For Sale $239,900 +4.3% $204 / Sq Ft
08/08/2015 08/08/15 Off Market $230,000 -- --
05/10/2012 05/10/12 Sold $230,000 -28.1% $196 / Sq Ft
04/25/2012 04/25/12 Pending -- -- --
11/11/2009 11/11/09 For Sale $319,900 -- $272 / 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
2024 $1,642 $110,920 $24,000 $86,920
2023 $1,642 $110,920 $0 $0
2022 $1,026 $69,325 $15,000 $54,325
2021 $1,026 $69,325 $15,000 $54,325
2020 $777 $69,325 $15,000 $54,325
2019 $777 $41,800 $15,000 $26,800
2018 $777 $41,800 $15,000 $26,800
2017 $777 $41,800 $15,000 $26,800
2016 $777 $41,800 $15,000 $26,800
2015 -- $49,450 $0 $0
2014 $806 $49,458 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 203988

Great Smoky Mountains Association of REALTORS®

APN: 104-130.15