NOT LISTED FOR SALE

1938 Timber Ridge Way Sevierville, TN 37876

Estimated Value: $505,211

2 Beds
2 Baths
1,165 Sq Ft
$434/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $150,000 $129 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $2,867/month

21 Days on Market

Highlights

  • 1.13 Acre Lot
  • Mountain View
  • Deck
  • Gatlinburg Pittman High School Rated A-
  • Chalet
  • Wooded Lot

About This Home

As of August 2018

This cabin has views and great location. Screened porch with hot tub, area for fire pit and plenty of parking. Has 2 BR, 1 BA on main level and 2 more sleeping areas and or game room and 1 BA in loft. Needs some TLC but is already a great income producing property or second home. NO HOA, there is a voluntary $50 per year for road maintenance.

Last Agent to Sell the Property

Karen Lay

Prime Mountain Properties License #311696 Listed on: 06/25/2018

Last Buyer's Agent

Kelli Gambill

Century 21 Four Seasons WOD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $626

Year Built

  • Built in 1992

Lot Details

  • 1.13 Acre Lot
  • Property fronts a county road
  • Wooded Lot

Home Design

  • Chalet
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,165 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Living Room
  • Bonus Room
  • Game Room
  • Mountain Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well
  • Septic Tank
  • Septic Permit Issued

Community Details

  • No Home Owners Association
  • Timber Ridge Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot /H

Home Details

Home Type

Single Family

Est. Annual Taxes

$626

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1992
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLotFeatures: Wooded
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 325
  • Subdivision Name: Timber Ridge
  • Above Grade Finished Sq Ft: 1165.0
  • Architectural Style: Chalet
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Location Tax and Legal Tax Lot2: /H
  • Location Tax and Legal:Tax Annual Amount: 626.36
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Lot Size Acres: 1.13
  • General Property Information Above Grade Finished Area: 1165.0
  • General Property Information Bonus Room YN2: Yes
  • General Property Information:Furnished: Furnished
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: Yes
  • General Property Information Construction Type2: Site Built
  • General Property Information View YN2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Cooling:Central Air: Yes
  • Interior Features Great Room2: Yes
  • Levels:One and One Half: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • Room Types Bedroom 2 Level: 1
  • Room Types Great Room: Yes
  • Room Types Great Room Level: 1
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Primary Bedroom Level: 1
  • Architectural Style Chalet: Yes
  • Road Frontage Type County Road: Yes
  • Sewer Septic Permit On File: Yes
  • Water Source Shared Well: Yes
  • Room Types Game Room: Yes
  • Room Types Game Room Level: 2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Great Room, Soaking Tub
  • Street Number Modifier: 1938
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 14
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Roof: Composition
  • Acres: 1.13
  • View: Yes
  • Home Warranty: Yes
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Deck, Porch, Screened
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Frame: Yes
  • Patio And Porch Features:Screened: 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: Electric, Heat Pump
  • Sewer: Septic Tank, Septic Permit On File
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Shared 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: 49222.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 626.36
  • Tax Lot: /H

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2018
Closed on
Aug 17, 2018
Sold by
Lewis Gary J and Lewis Mary L
Bought by
Gambill Eric and Gambill Kelli
Seller's Agent
Karen Lay
Prime Mountain Properties
Buyer's Agent
Kelli Gambill
Century 21 Four Seasons WOD
List Price
$184,600
Sold Price
$150,000
Premium/Discount to List
-$34,600
-18.74%
Current Estimated Value
$505,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,211
Avg. Annual Appreciation
18.33%
Original Mortgage
$120,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 1998
Sold by
Sears Gary W and Sears Charletta
Bought by
Lewis Gary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
6.84%

Purchase Details

Closed on
Oct 13, 1995
Sold by
Smith James L and Smith Jean
Bought by
Sears Gary W

Purchase Details

Closed on
Mar 26, 1992
Bought by
Smith James L and Smith Jean
Source: Public Records

Range of Values:

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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
Gambill Eric $150,000 Smoky Mountain Title
Lewis Gary J $99,900 --
Sears Gary W $85,900 --
Smith James L $78,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gambill Eric $225,000
Closed Gambill Eric $120,000
Previous Owner Lewis Gary J $84,800
Previous Owner Lewis Gary J $89,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Off Market $150,000 -- --
08/17/2018 08/17/18 Sold $150,000 -18.7% $129 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $184,600 -- $158 / 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 $1,209 $81,680 $17,760 $63,920
2024 $1,209 $81,680 $17,760 $63,920
2023 $1,209 $81,680 $0 $0
2022 $756 $51,050 $11,100 $39,950
2021 $756 $51,050 $11,100 $39,950
2020 $583 $51,050 $11,100 $39,950
2019 $583 $31,325 $11,175 $20,150
2018 $626 $31,325 $11,175 $20,150
2017 $626 $33,675 $13,525 $20,150
2016 $626 $33,675 $13,525 $20,150
2015 -- $32,325 $0 $0
2014 $527 $32,311 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Lay

    Seller's Agent in 2018

    Karen Lay

    Prime Mountain Properties

    (865) 640-8070

    15 in this area

    30 Total Sales

    Section Image

  • K

    Buyer's Agent in 2018

    Kelli Gambill

    Century 21 Four Seasons WOD

See All Agents

Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 217097

Great Smoky Mountains Association of REALTORS®

APN: 095-168.00

Tennessee Sevier County Sevierville 37876

1938 Timber Ridge Way, Sevierville, TN

This home is located at 1938 Timber Ridge Way, Sevierville, TN 37876 since 25 June 2018 and is currently estimated at $505,211, approximately $433 per square foot. This property was built in 1992. 1938 Timber Ridge Way is a home located in Sevier County with nearby schools including Catons Chapel Elementary School, Jones Cove Elementary School, and Northview Elementary School.

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