NOT LISTED FOR SALE

1849 Laurel Valley Way Sevierville, TN 37862

Estimated Value: $594,798

2 Beds
2 Baths
1,421 Sq Ft
$419/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $616,000 $433 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,268/month

88 Days on Market

Highlights

  • Pool and Spa
  • 1.17 Acre Lot
  • Deck
  • Gatlinburg Pittman High School Rated A-
  • Mountain View
  • Wooded Lot

About This Home

As of December 2023

BACK ON THE MARKET AND PRICE REDUCTION DUE TO BUYER'S FINANCING FALLING THROUGH. Welcome to your dream retreat in the highly sought-after Wears Valley area with beautiful mountain views! This cabin is currently an awesome short term rental and stays booked with guests who love the location! It gives the feeling of being away from it all yet it's minutes away from restaurants, tourist attractions and shopping. There are also hiking trails close by for the nature enthusiast, it's truly the best of both worlds. This gorgeous cabin is nestled on a sizable, 1.17 acre lot allowing you to enjoy the local wildlife and make you feel you are at one with nature. The outdoor area is lovely and includes large wrap around deck off the cabin and brand new landscaping, fire pit, outdoor dining and hammocks to relax and unwind. Your guests will love having so many options to enjoy the great outdoors. Step inside this lovely cabin to discover a peaceful and inviting space with an open floor plan that creates a seamless flow between the living, dining, and kitchen areas. It's perfect for entertaining guests or enjoying quality time with family. The spacious kitchen is a culinary enthusiast's delight, featuring ample counter space, modern stainless steel appliances, and an abundance of cabinet storage. The wood floors throughout add warmth and charm, complementing the rustic ambiance of the cabin. Soaring cathedral ceilings give the cabin a wonderful feel and floor to ceiling windows let natural light flood the living space throughout the main floor and loft area. This cabin boasts not one, but two large master suites, offering privacy and comfort for all guests. Each suite is thoughtfully designed with your relaxation in mind, both with king size beds and their own jacuzzi tubs. The loft area is an added bonus, complete with a pool table, providing endless entertainment options for you and your guests. Pamper yourself in the private sauna, a tranquil retreat after a day of outdoor activities and finish with a soak in your secluded hot tub. This cabin offers tremendous rental potential, allowing you to make the most of your investment and would also make an incredible second home, the possibilities are endless. The deck has been freshly stained and furnished with new outdoor furniture and hot tub cover, creating a delightful space to soak up the surroundings. Additional upgrades in 2021 include a new hot tub, HVAC system, deck, water heater, water softener, UV light, furniture, decor', blinds, TVs, mattresses, and a well pump, ensuring your comfort and enjoyment for years to come. Don't miss out on this extraordinary opportunity to own a stunning cabin in Wears Valley. Whether you seek a lucrative rental property or serene getaway, this cabin offers it all. Schedule your private tour and secure your slice of mountain paradise!

Last Agent to Sell the Property

Karly Cairns

Prime Mountain Properties License #312048 Listed on: 08/11/2023

Last Buyer's Agent

Spencer Trentham

eXp Realty, LLC 7720 License #361038

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,158

Year Built

  • Built in 2007

Lot Details

  • 1.17 Acre Lot
  • Wooded Lot

Property Views

  • Mountain
  • Seasonal

Home Design

  • Log Cabin
  • Composition Roof
  • Log Siding

Interior Spaces

  • 1,421 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Loft
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Water Purifier
  • Water Softener is Owned
  • Septic Tank
  • Septic Permit Issued

Community Details

  • No Home Owners Association
  • Wears Valley Prop Subdivision

Listing and Financial Details

  • Tax Lot 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,158

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Wooded
  • ResoPoolFeatures: Hot Tub
  • Road Surface Type: Paved
  • Reso View: Mountain(s), Seasonal
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: Wears Valley Prop
  • Above Grade Finished Sq Ft: 1421.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Two
  • ResoWindowFeatures: Double Pane Windows, Window Treatments
  • Location Tax and Legal Tax Lot2: 5
  • Location Tax and Legal:Tax Annual Amount: 1158.47
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Lot Size Acres: 1.17
  • General Property Information Above Grade Finished Area: 1421.0
  • 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
  • General Property Information View YN2: Yes
  • 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
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • View Seasonal: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Dining Room: Yes
  • Room Types Dining Room Level: 1
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Loft: Yes
  • Room Types Loft Level: 2
  • Room Types Primary Bedroom Level: 1
  • Levels:Two: Yes
  • Sewer Septic Permit On File: 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, Washer, Water Purifier, Water Softener Owned
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Soaking Tub, Walk-In Closet(s)
  • Street Number Modifier: 1849
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Total Bedrooms: 12
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Water Purifier: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Acres: 1.17
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log, Log Siding
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Log Siding: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Paved
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Heat Pump
  • Sewer: Septic Tank, Septic Permit On File
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 50965.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1158.47
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Dec 1, 2023
Sold by
Richey R Royce
Bought by
Mccann Michael Douglas and Mccann Brittany
Seller's Agent
Karly Cairns
Prime Mountain Properties
Buyer's Agent
Spencer Trentham
eXp Realty, LLC 7720
List Price
$625,000
Sold Price
$616,000
Premium/Discount to List
-$9,000
-1.44%
Views
108
Current Estimated Value
$594,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,202
Avg. Annual Appreciation
-1.83%
Original Mortgage
$554,400
Outstanding Balance
$550,617
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$44,181

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jun 25, 2021
Sold by
1849 Laurel Valley Way Llc
Bought by
Richey R Royce
Seller's Agent
Danny Mortland
Mountain Home Realty
Buyer's Agent
Karly Cairns
Prime Mountain Properties, LLC
List Price
$498,000
Sold Price
$555,000
Premium/Discount to List
$57,000
11.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%

Purchase Details

Listed on
Sep 21, 2018
Closed on
Oct 26, 2018
Sold by
Legrow David E and Legrow Catherine A
Bought by
Santen William and Santen Barbara
Seller's Agent
Fran Troxler
East Tennessee Realty Group
Buyer's Agent
Danny Mortland
EXIT Tennessee Realty Pros
List Price
$294,900
Sold Price
$287,000
Premium/Discount to List
-$7,900
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.02%

Purchase Details

Closed on
Aug 3, 2017
Sold by
Santen William and Santen Barbara
Bought by
1849 Laurel Valley Way Llc

Purchase Details

Listed on
Oct 17, 2013
Closed on
Dec 2, 2013
Sold by
Cbna Ga Ii Llc
Bought by
Legrow David E and Legrow Catherine A
Seller's Agent
Noreen McConnell
Skye Realty & Rentals, Inc.
Buyer's Agent
Fran Troxler
East Tennessee Realty Group
List Price
$229,900
Sold Price
$214,900
Premium/Discount to List
-$15,000
-6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%

Purchase Details

Closed on
Sep 17, 2013
Sold by
Beacon Partners Llc
Bought by
Cbna Ga Ii Llc

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
Mccann Michael Douglas $616,000 Smoky Mountain Title
Richey R Royce $555,000 Crossland Title Inc
Santen William $287,000 Smoky Mountain Title
1849 Laurel Valley Way Llc -- Hometown Title Llc
Legrow David E $214,900 --
Cbna Ga Ii Llc $222,000 --
Beacon Partners Llc $448,000 --
Holliday Kenneth L $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccann Michael Douglas $554,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2023 12/01/23 Sold $616,000 -1.4% $433 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
10/19/2023 10/19/23 Price Changed $625,000 0.0% $440 / Sq Ft
10/19/2023 10/19/23 For Sale $625,000 -3.7% $440 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $649,000 +16.9% $457 / Sq Ft
09/24/2021 09/24/21 Off Market $555,000 -- --
06/25/2021 06/25/21 Sold $555,000 0.0% $391 / Sq Ft View Prior Sale
06/13/2021 06/13/21 Off Market $555,000 -- --
06/08/2021 06/08/21 For Sale $498,000 +73.5% $350 / Sq Ft
01/24/2020 01/24/20 Off Market $287,000 -- --
10/26/2018 10/26/18 Sold $287,000 -2.7% $191 / Sq Ft View Prior Sale
09/25/2018 09/25/18 Pending -- -- --
09/21/2018 09/21/18 For Sale $294,900 +37.2% $197 / Sq Ft
03/02/2017 03/02/17 Off Market $214,900 -- --
12/02/2013 12/02/13 Sold $214,900 -6.5% $129 / Sq Ft View Prior Sale
10/31/2013 10/31/13 Pending -- -- --
10/17/2013 10/17/13 For Sale $229,900 -- $138 / 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 $1,854 $125,240 $13,200 $112,040
2024 $1,854 $125,240 $13,200 $112,040
2023 $1,854 $125,240 $0 $0
2022 $1,158 $78,275 $8,250 $70,025
2021 $1,158 $78,275 $8,250 $70,025
2020 $868 $78,275 $8,250 $70,025
2019 $868 $46,675 $8,250 $38,425
2018 $868 $46,675 $8,250 $38,425
2017 $868 $46,675 $8,250 $38,425
2016 $868 $46,675 $8,250 $38,425
2015 -- $48,450 $0 $0
2014 -- $48,439 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 258789

Great Smoky Mountains Association of REALTORS®

APN: 113L-A-005.00