NOT LISTED FOR SALE

1860 Cedar Cove Way Dandridge, TN 37725

Estimated Value: $883,509 - $992,000

13 Acres
$73,272 Price per Acre
557,568 Sq Ft Lot

Last Sold June 24, 2024

Last sale price $945,000 $912 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,326/month

18 Days on Market

Highlights

  • Lake Front
  • Lake Privileges
  • Level Lot
  • 12.8 Acre Lot
  • No HOA

About This Lot

As of June 2024

Great business opportunity on Douglas Lake. Existing campground with growth potential for a full marina and rental business. This property is located only a couple miles outside of downtown Dandridge on Chestnut Hill Road, a major artery between Dandridge and Sevierville. Just minutes to ALL area attractions like Dollywood, Splash Country, Pigeon Forge, Gatlinburg, and the Great Smoky Mountain National Park. An estimated 12 million to 15 million visitors come to our area (Sevier County / Jefferson County Region) to play in the mountains and on Douglas Lakes nearly 30,000 acres of public water. This is PRISTINE PROPERTY! There are 10 active RV rentals on the property as well as the owner's personal residence. There is a bathhouse on the property for the campers. Breath-taking lake frontage and mountain views all around this property. This would make a fantastic place to have boats, kayaks, canoes, paddleboards as well as other watercraft to rent and store! Take advantage of the tourism that is already in place and live and work in your own private paradise! Have lots of friends and family with RV's ? Make this your personal and private compound just for family and friends and enjoy all of the amenities in this area. Call today and make an appointment to view this once in a lifetime opportunity and property. YOU WILL NOT BE DISAPPOINTED!

Last Agent to Sell the Property

Mark Jackson

Jackson Real Estate & Auction License #227129 Listed on: 03/08/2024

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $738

Year Built

  • 1991

Lot Details

  • 12.8 Acre Lot
  • Lake Front
  • Level Lot
  • Property is zoned A-1

Property Views

  • Water Views

Schools

  • Dandridge Elementary School
  • Maury Middle School
  • Jefferson High School

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 084 003.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Access To Lake
  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$738

Year Built

1991

Lot Details

0

Listing Details

  • Directions: From Downtown Dandridge take HWY 92 S / Chestnut Hill Road South across the bridge towards Chestnut Hill for 2.7 miles. Turn right on Cedar Cove Way. Take road to the end. Important to have the survey with you!
  • Prop. Type: Land
  • Road Surface Type: Gravel
  • Subdivision Name: Not In Subdivision
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1991

Exterior Features

  • Lot Features: Level, Rolling Slope
  • View: Water
  • Waterfront Features: Lake Privileges, Lake Front
  • Acres: 12.8
  • Waterfront: Yes
  • Waterfront Features:Lake Front: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well
  • Sewer Septic Tank: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Dandridge
  • High School: Jefferson
  • Middle Or Junior School: Maury

Lot Info

  • Zoning: A-1
  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 557568.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 084 003.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Jun 21, 2024
Sold by
Taylor Rose J
Bought by
Detwiler Thomas E and Detwiler Wendy M
Seller's Agent
Mark Jackson
Jackson Real Estate & Auction
Buyer's Agent
Non Member
NON MEMBER
List Price
$995,000
Sold Price
$945,000
Premium/Discount to List
-$50,000
-5.03%
Total Days on Market
18
Views
61
Current Estimated Value
$937,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,123
Avg. Annual Appreciation
-0.79%
Original Mortgage
$745,000
Outstanding Balance
$705,407
Interest Rate
7.03%
Mortgage Type
Credit Line Revolving
Estimated Equity
$232,470

Purchase Details

Closed on
Jun 18, 1996
Sold by
Taylor George W and Taylor Rose
Bought by
Charles Bean

Purchase Details

Closed on
Jul 9, 1976
Bought by
Taylor George W and Taylor Rose
Source: Public Records

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Range of Values:

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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
Detwiler Thomas E $945,000 None Listed On Document
Charles Bean $30,000 --
Taylor George W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Detwiler Thomas E $745,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $945,000 -5.0% $912 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $995,000 -- $960 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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
2023 $738 $32,100 $0 $0
2022 $703 $32,100 $17,200 $14,900
2021 $703 $32,100 $17,200 $14,900
2020 $703 $32,100 $17,200 $14,900
2019 $703 $32,100 $17,200 $14,900
2018 $773 $32,875 $17,200 $15,675
2017 $773 $32,875 $17,200 $15,675
2016 $773 $32,875 $17,200 $15,675
2015 $773 $32,875 $17,200 $15,675
2014 $773 $32,875 $17,200 $15,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9962940

Tennessee/Virginia Regional MLS

APN: 084-003.00