NOT LISTED FOR SALE

1844 Laurel Valley Way Sevierville, TN 37862

Estimated Value: $668,984

2 Beds
2 Baths
1,331 Sq Ft
$503/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $690,000 $518 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,603/month

66 Days on Market

Highlights

  • Spa
  • Deck
  • Wood Flooring
  • Gatlinburg Pittman High School Rated A-
  • Wooded Lot
  • Whirlpool Bathtub

About This Home

As of March 2023

Gorgeous Cabin in the heart of Wears Valley in the Hatcher Mountain Community. New recent updates include a new roof in 2022, new hot tub in 2022, freshly stained in 2022, new flooring in the master bedroom in 2022, new living room furniture in 2022. new fridge in 2022, and new deck railing in 2021. Property is in a beautiful setting and makes for an excellent overnight rental, it has all of the amenities including a hot tub, pool table, jacuzzi tubs, and even a SAUNA! This cabin is sweet and will not disappoint, it is currently a very well performing overnight rental with rental numbers $78,340.32. Don't let this one pass you by. It is so warm and inviting and will make you want to Stay A Little Longer. Very well kept and maintained.

Last Agent to Sell the Property

Dennis Brooks

Mountain Home Realty License #300334 Listed on: 01/13/2023

Last Buyer's Agent

IAN CULLEN

Tennessee Valley Appraisal Services License #1778

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,144

Year Built

  • Built in 2007

Lot Details

  • 0.45 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 1,331 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Double Pane Windows
  • Blinds
  • Living Room
  • Basement
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer

Outdoor Features

  • Spa
  • Deck

Utilities

  • Central Heating and Cooling System
  • Propane
  • Well
  • Electric Water Heater
  • Water Softener
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 113L A 004

Community Details

Overview

  • No Home Owners Association
  • Wears Valley Prop Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,144

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 2007
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Lot Size: IRR X IRR
  • Subdivision Name: Wears Valley Prop
  • Directions: Traffic light #3 in Pigeon Forge turn onto Wears Valley Road and continue for approximately 7 miles and turn right onto Hatcher Mountain Road. In approximately 1 mile turn left on Laurel Valley Way (dips down off to the left. Continue up the hill on Laurel Valley Way, you will pass an open wooden gate. The property will be on the second driveway on the right after passing through the gate.
  • Above Grade Finished Sq Ft: 1331.0
  • New Construction: No
  • Structure Type: Cabin
  • Location Tax and Legal:Tax Annual Amount: 1144.41
  • Location Tax and Legal:Tax Year2: 2022
  • Location Tax and Legal:Parcel Number2: 113L A 004
  • General Property Information:Lot Size Acres: 0.45
  • General Property Information:Lot Size Dimensions: IRR X IRR
  • General Property Information:Waterfront YN: No
  • General Property Information:Living Area2: 1331.0
  • General Property Information:Above Grade Finished Area: 1331.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: Yes
  • General Property Information:Spa YN: Yes
  • General Property Information:Home Warranty YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Flooring:Tile: Yes
  • Roof:Shingle: Yes
  • Room Types:Living Room2: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Hardwood: Yes
  • Levels:Two: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • Utilities:Unknown Internet: Yes
  • Appliances Microwave: Yes
  • Water Softeners: Yes
  • Laundry Features:Main Level: Yes
  • Utilities:Propane3: Yes
  • Water Source:Well: Yes
  • Room Types:Laundry: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer, Water Softener
  • Basement: Crawl Space
  • Levels: Two
  • Interior Amenities: Whirlpool Tub
  • Spa Features: Above Ground
  • Private Spa: Yes
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Living Area: 1331.0
  • Window Features: Blinds, Double Pane Windows
  • Community Features:None4: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Whirlpool Tub: Yes
  • Fireplace Features:Electric2: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Rolling Slope, Wooded
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Asphalt, Log
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Lot Features:Rolling Slope: Yes
  • Window Features:Blinds: Yes
  • Construction Materials:Log2: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Garage Yn: No
  • General Property Information:Garage YN: No
  • General Property Information:Carport YN: No
  • Parking Features:Asphalt: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Propane, Unknown Internet
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: None
  • Amenities: Laundry
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Horse Amenities:None10: Yes

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 19602.0
  • Parcel #: 113L A 004
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1144.41
  • Tax Map Number: 113L
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Mar 17, 2023
Sold by
Mj Capital Llc
Bought by
Braun Ventures Llc
Seller's Agent
Dennis Brooks
Mountain Home Realty
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$737,000
Sold Price
$690,000
Premium/Discount to List
-$47,000
-6.38%
Current Estimated Value
$668,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,016
Avg. Annual Appreciation
-0.39%
Original Mortgage
$540,000
Outstanding Balance
$502,752
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$180,210

Purchase Details

Closed on
Dec 8, 2022
Sold by
Peck Jeramiah John-Ellis
Bought by
Mj Capital Llc

Purchase Details

Closed on
Nov 20, 2020
Sold by
Young Bryan A and Young Kathy G
Bought by
Young Bryan A and Young Kathy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2020
Sold by
Schey Kevin L and Schey Sandi Jo
Bought by
Young Bryan A and Young Kathy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2016
Closed on
Nov 10, 2016
Sold by
Kendall Brandi L and Kendall Penelope J
Bought by
Schey Kevin L and Schey Sandi-Jo
Seller's Agent
Michael McConnell
Mountain Realty Group
List Price
$245,000
Sold Price
$230,000
Premium/Discount to List
-$15,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.87%
Original Mortgage
$207,000
Interest Rate
3.57%

Purchase Details

Listed on
Feb 18, 2014
Closed on
Aug 5, 2014
Sold by
State Bank And Trust Co
Bought by
Kendall Brandi Lee and Bednell Penelope Jean
Seller's Agent
Jeff Schoenfield
All Pro REALTORS, Inc.
Buyer's Agent
Michael McConnell
WEARS VALLEY REALTY GROUP
List Price
$215,000
Sold Price
$180,000
Premium/Discount to List
-$35,000
-16.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.56%

Purchase Details

Closed on
Jan 21, 2014
Sold by
Beacon Partners Llc
Bought by
State Bank And Trust Co

Purchase Details

Closed on
Oct 11, 2005
Bought by
Beacon Partners Llc

Purchase Details

Closed on
Apr 20, 2004
Bought by
Holliday Kenneth L and Holliday Linda
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
Braun Ventures Llc $690,000 Foothills Title Services Inc
Mj Capital Llc -- Crossland Title Inc
Young Bryan A -- Heritage Title Agency Inc
Young Bryan A $350,000 Heritage Title Agency Inc
Schey Kevin L $851 --
Kendall Brandi Lee $180,000 --
State Bank And Trust Co $225,750 --
Beacon Partners Llc $448,000 --
Holliday Kenneth L $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braun Ventures Llc $540,000
Previous Owner Young Bryan A $297,500
Previous Owner Holliday Kenneth L $207,000
Previous Owner Holliday Kenneth L --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2023 03/20/23 Sold $690,000 -6.4% $518 / Sq Ft
02/18/2023 02/18/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $737,000 +220.4% $554 / Sq Ft
01/30/2020 01/30/20 Off Market $230,000 -- --
11/03/2017 11/03/17 Off Market $180,000 -- --
11/01/2016 11/01/16 Sold $230,000 -6.1% $184 / Sq Ft View Prior Sale
09/13/2016 09/13/16 Pending -- -- --
07/27/2016 07/27/16 For Sale $245,000 +36.1% $196 / Sq Ft
08/05/2014 08/05/14 Sold $180,000 -16.3% $144 / Sq Ft View Prior Sale
07/16/2014 07/16/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $215,000 -- $172 / Sq Ft
Source: Lakeway Area 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 $1,144 $123,720 $11,000 $112,720
2024 $1,144 $77,325 $6,875 $70,450
2023 $1,144 $77,325 $0 $0
2022 $1,144 $77,325 $6,875 $70,450
2021 $1,144 $77,325 $6,875 $70,450
2020 $850 $77,325 $6,875 $70,450
2019 $850 $45,700 $6,875 $38,825
2018 $850 $45,700 $6,875 $38,825
2017 $850 $45,700 $6,875 $38,825
2016 $850 $45,700 $6,875 $38,825
2015 -- $47,550 $0 $0
2014 $775 $47,553 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 611033

Lakeway Area Association of REALTORS®

APN: 113L-A-004.00