NOT LISTED FOR SALE

1837 Laurel Valley Way Sevierville, TN 37862

Estimated Value: $353,898

2 Beds
2 Baths
1,404 Sq Ft
$252/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $310,000 $221 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,923/month

1 Day on Market

Highlights

  • 2.83 Acre Lot
  • 1 Fireplace
  • Cottage
  • Gatlinburg Pittman High School Rated A-
  • No HOA
  • Shed

About This Home

As of May 2024

Incredible value opportunity to own this property in the Smoky Mountains! Come make it yours with a little elbow grease or a special remodel! The possibilities are endless with this versatile retreat! Fabulous location right at the at the entrance of Wears Valley sitting on nearly 3 acres of national park like setting. This property will be ''sold as-is where is''. Virtual staging and de-cluttering has been used so show some possibilities.

Last Agent to Sell the Property

Deborah Korlin

Century 21 MVP License #293982 Listed on: 05/13/2024

Century 21 MVP

Co-Listed By

Amber Korlin Brown

Century 21 MVP License #353907

Last Buyer's Agent

Rasa Baldino

Century 21 MVP License #309724

Century 21 MVP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $807

Year Built

  • Built in 1995

Lot Details

  • 2.83 Acre Lot
  • Property is zoned R1

Home Design

  • Cottage
  • Cabin
  • Fixer Upper
  • Wood Siding
  • Log Siding

Interior Spaces

  • 1,404 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Crawl Space
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Wears Valley Prop Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 113 00141 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$807

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Zoning: R1
  • CoListOfficeEmail: deborahkorlin@gmail.com
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: Wears Valley Prop
  • Above Grade Finished Sq Ft: 1404.0
  • Architectural Style: Cabin, Cottage
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Fixer
  • Location Tax and Legal New Construction YN: No
  • Location Tax and Legal Parcel Number2: 113 00141 000
  • Location Tax and Legal Tax Lot2: 28
  • Location Tax and Legal:Tax Annual Amount: 807.34
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Lot Size Acres: 2.83
  • General Property Information Above Grade Finished Area: 1404.0
  • General Property Information Bonus Room YN2: No
  • General Property Information Home Warranty YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Levels:Two: Yes
  • Road Surface Type Gravel2: Yes
  • Water Source:Well: Yes
  • Other Structures:Shed(s): Yes
  • General Property Information:Stories Total: 2
  • General Property Information Fireplace YN: Yes
  • Property Condition:Fixer: Yes
  • Architectural Style Cottage: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Crawl Space
  • Appliances: Dryer, Electric Cooktop, Refrigerator, Washer
  • Street Number Modifier: 1837
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Stories: 2
  • Basement:Crawl Space: Yes
  • Appliances:Electric Cooktop: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 2.83
  • Home Warranty: No
  • Construction Type: Log Siding, Wood Siding
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Log Siding: Yes

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 123274.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 113 00141 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 807.34
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
May 30, 2024
Sold by
Heimsoth Daniel D
Bought by
R2r Llc
Seller's Agent
Deborah Korlin
Century 21 MVP
Buyer's Agent
Rasa Baldino
Century 21 MVP
List Price
$310,000
Sold Price
$310,000
Views
33
Current Estimated Value
$353,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,898
Avg. Annual Appreciation
9.85%

Purchase Details

Closed on
Oct 12, 2004
Sold by
Smith Doyle R
Bought by
Heimsoth Daniel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.71%

Purchase Details

Closed on
Feb 24, 1998
Sold by
Wolford John
Bought by
Smith Doyle R

Purchase Details

Closed on
Feb 14, 1997
Sold by
Simons Dorothy Jean
Bought by
Wolford John

Purchase Details

Closed on
Dec 19, 1990
Bought by
Simons Dorothy Jean
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
R2r Llc $310,000 Foothills Title Services Inc
Heimsoth Daniel D $137,500 --
Smith Doyle R $44,000 --
Wolford John $40,000 --
Simons Dorothy Jean $6,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simons Dorothy Jean $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2024 05/30/24 Sold $310,000 0.0% $221 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $310,000 -- $221 / 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 $807 $87,280 $27,520 $59,760
2024 $807 $54,550 $17,200 $37,350
2023 $807 $54,550 $0 $0
2022 $807 $54,550 $17,200 $37,350
2021 $807 $54,550 $17,200 $37,350
2020 $669 $54,550 $17,200 $37,350
2019 $669 $35,975 $17,200 $18,775
2018 $669 $35,975 $17,200 $18,775
2017 $669 $35,975 $17,200 $18,775
2016 $669 $35,975 $17,200 $18,775
2015 -- $36,375 $0 $0
2014 $593 $36,352 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 300991

Great Smoky Mountains Association of REALTORS®

APN: 113-001.41