NOT LISTED FOR SALE

1940 Shady Grove Rd Sevierville, TN 37876

Estimated Value: $372,939

2 Beds
2 Baths
1,600 Sq Ft
$233/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $192,000 $120 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,026/month

57 Days on Market

Highlights

  • 1.12 Acre Lot
  • Mountain View
  • Wooded Lot
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Ranch Style House

About This Home

As of May 2021

Wonderful 2 bedroom 2 bathroom home with partially finished walk out basement is the perfect place to call home. Large living area with cathedral ceiling and fireplace that flows into the large eat in kitchen. The kitchen leads to a bright sunroom which opens up to a spacious deck. Master suite with walk-in closet on main level along with the second bedroom, and the second full bathroom. Downstairs you will find a large finished room with wood laminate floor and tongue & groove walls and another finished room with partial tongue & groove, and a work room that walks out to the covered patio. This home is surrounded by nature and the most beautiful gardens that have been designed to give different blooms during most of the year. With your special touch, you can make it your own! This home will make the perfect home or mountain getaway. Come see it today!!

Last Agent to Sell the Property

NOREEN MCCONNELL

Skye Realty License #276187 Listed on: 07/16/2020

Last Buyer's Agent

Danielle Henderson

Tennessee Mountain Real Estate, LLC License #336382

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 2001

Lot Details

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

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Bonus Room
  • Wood Flooring
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement
  • Attic Access Panel

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Holly Tree Subdivision

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Wooded
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Co List Office Mls Id: 769
  • Subdivision Name: Holly Tree
  • Above Grade Finished Sq Ft: 936.0
  • Architectural Style: Ranch
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Tax Lot2: 1
  • Location Tax and Legal:Tax Annual Amount: 499.88
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 1.12
  • General Property Information Above Grade Finished Area: 936.0
  • General Property Information Below Grade Finished Area: 664.0
  • General Property Information Below Grade Unfinished Area: 200.0
  • General Property Information Bonus Room YN2: Yes
  • 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 Refrigerators: Yes
  • Washers: Yes
  • Attic Features Access Only: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Land Features View Mountains: Yes
  • Road Frontage Type County Road: Yes
  • Levels:One: Yes
  • Water Source:Well: Yes
  • Architectural Style Ranch2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished, Walk-Out Access
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s)
  • Street Number Modifier: 1940
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 664.0
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Roof: Composition
  • Acres: 1.12
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame, Stucco, Vinyl Siding
  • Patio And Porch Features: Deck
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: 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: 48787.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 499.88
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
May 14, 2021
Sold by
Banks Bettie J
Bought by
Melton Ernest Walter and Melton Thomas Charles
Seller's Agent
NOREEN MCCONNELL
Skye Realty
Buyer's Agent
Danielle Henderson
Tennessee Mountain Real Estate, LLC
List Price
$199,900
Sold Price
$192,000
Premium/Discount to List
-$7,900
-3.95%
Current Estimated Value
$372,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,939
Avg. Annual Appreciation
16.37%
Original Mortgage
$90,000
Outstanding Balance
$68,138
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$304,801

Purchase Details

Listed on
Jul 16, 2020
Closed on
May 6, 2021
Sold by
Hamilton Joseph
Bought by
Banks Bettie J
Seller's Agent
NOREEN MCCONNELL
Skye Realty
Buyer's Agent
Danielle Henderson
Tennessee Mountain Real Estate, LLC
List Price
$199,900
Sold Price
$192,000
Premium/Discount to List
-$7,900
-3.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$68,138
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$304,801

Purchase Details

Listed on
Jul 16, 2020
Closed on
Apr 30, 2021
Sold by
Hamilton Joseph and Young Shannon
Bought by
Banks Bettie J
Seller's Agent
NOREEN MCCONNELL
Skye Realty
Buyer's Agent
Danielle Henderson
Tennessee Mountain Real Estate, LLC
List Price
$199,900
Sold Price
$192,000
Premium/Discount to List
-$7,900
-3.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$68,138
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$304,801

Purchase Details

Closed on
Apr 15, 2005
Sold by
Banks Bettie J
Bought by
Lynn Hamilton Bonnie

Purchase Details

Closed on
May 1, 2001
Sold by
Ernest Ferguson and Ann Mary
Bought by
Banks Bettie J

Purchase Details

Closed on
Jul 1, 1996
Bought by
Ferguson Ernest
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Melton Ernest Walter $192,000 Tennessee Land Title
Banks Bettie J -- None Available
Banks Bettie J -- None Available
Lynn Hamilton Bonnie $20,000 --
Banks Bettie J $92,750 --
Ferguson Ernest $64,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melton Ernest Walter $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Off Market $192,000 -- --
05/18/2021 05/18/21 Sold $192,000 -4.0% $120 / Sq Ft
07/16/2020 07/16/20 For Sale $199,900 -- $125 / 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 $570 $61,640 $9,040 $52,600
2024 $570 $61,640 $9,040 $52,600
2023 $570 $61,640 $0 $0
2022 $570 $38,525 $5,650 $32,875
2021 $570 $38,525 $5,650 $32,875
2020 $476 $38,525 $5,650 $32,875
2019 $476 $26,875 $5,900 $20,975
2018 $476 $26,875 $5,900 $20,975
2017 $476 $26,875 $5,900 $20,975
2016 $476 $26,875 $5,900 $20,975
2015 -- $29,200 $0 $0
2014 $476 $29,195 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 229231

Great Smoky Mountains Association of REALTORS®

APN: 096E-C-001.00