1940 Wears Valley Rd Sevierville, TN 37862
7
Beds
21
Baths
8,044
Sq Ft
20
Acres
Highlights
- Pool and Spa
- Home fronts a creek
- 20 Acre Lot
- Gatlinburg Pittman High School Rated A-
- River View
- Deck
About This Home
As of September 2017Fantastic investment opportunity! Private, unique retreat on a crystal clean mountain stream. Seven cabins on 20 forested acres, with proven rental income just minutes from the main Parkway in the middle of Pigeon Forge. (1.) Nikhia's Loft is a 1BR honeymoon cabin w/ $26k rentals for 2016. (2.) Nature's Dream is a 3BR (plus loft), sleeps 10, w/ $44k rentals for 2016. (3.) Rolling Creek is a 2BR, sleeps 4, w/ $34k rentals for 2016. (4.) On the Creek is a 7BR, sleeps 17, w/ $87k rentals for 2016. (5.) Hillside Haven, built in 2008, is a 3BR, sleeps 12, w/ $52K rentals for 2016. (6.) Whispering Brook is currently leased to the caretaker for the property for $500 per month. (7.) Secret Hideaway is the personal cabin used by the owners. It's a 4BR and is not on the rental market. Some cabins are located on the stream while others have a view of the stream. It is a beautiful, pristine, stream with rock outcroppings perfect for picnics. The sounds of the rushing water will lull you to sleep and the gazebo next to the stream has been the site for many romantic weddings. Whether you are looking for a family retreat or retirement income, check out this unique income producing property. The newest cabin was built in 2008. Other cabins were built prior to that. More photos and video coming soon.
Last Agent to Sell the Property
Kim Goode
Crye-Leike Realtors Listed on: 05/26/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,301
Year Built
- Built in 2000
Lot Details
- 20 Acre Lot
- Home fronts a creek
- River Front
- Property fronts a private road
- Property fronts a state road
- Private Lot
- Level Lot
- Wooded Lot
Home Design
- Log Cabin
- Frame Construction
- Wood Siding
- Log Siding
Interior Spaces
- 8,044 Sq Ft Home
- 2-Story Property
- Furnished
- Ceiling Fan
- Gas Log Fireplace
- Double Pane Windows
- Great Room
- Wood Flooring
- River Views
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Tile Countertops
Bedrooms and Bathrooms
- 7 Bedrooms
Laundry
- Dryer
- Washer
Parking
- Private Parking
- Driveway
Outdoor Features
- Pool and Spa
- Deck
- Patio
- Outbuilding
- Rain Gutters
Utilities
- Window Unit Cooling System
- Central Heating and Cooling System
- Heat Pump System
- Private Water Source
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot Tr-2
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 23, 2018
Sold by
Southeastern 1031 Services Inc
Bought by
Affairs By Closman Llc and Ollies Trolley Stop Llc
Purchase Details
Listed on
May 26, 2017
Closed on
Sep 14, 2017
Sold by
Wears Valley Creekside Cabins Llc
Bought by
Southeastern 1031 Services Inc
Seller's Agent
Kim Goode
Crye-Leike Realtors
Buyer's Agent
Tina Parton
Prime Mountain Properties
List Price
$1,650,000
Sold Price
$1,200,000
Premium/Discount to List
-$450,000
-27.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.43%
Purchase Details
Closed on
Dec 1, 2004
Sold by
Quick Roberta J Ind And Tr
Bought by
Wears Valley Creekside Cabins
Purchase Details
Closed on
Feb 27, 2004
Sold by
Quick James N Trustee
Bought by
Quick Roberta J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Interest Rate
7.88%
Purchase Details
Closed on
Jul 23, 1998
Sold by
Quick James
Bought by
Brown & Brown General Cont
Purchase Details
Closed on
Nov 29, 1989
Bought by
Quick James
Purchase Details
Closed on
Sep 27, 1985
Bought by
Byle Sally
Similar Homes in Sevierville, TN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Smoky Mountain Title | |
| Warranty Deed | $1,200,000 | None Available | |
| Deed | $642,500 | -- | |
| Deed | -- | -- | |
| Deed | $53,000 | -- | |
| Warranty Deed | $50,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $600,000 | No Value Available | |
| Previous Owner | $397,000 | No Value Available | |
| Previous Owner | $178,100 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/04/2025 03/04/25 | For Sale | $3,689,900 | +207.5% | $349 / Sq Ft |
| 12/13/2018 12/13/18 | Off Market | $1,200,000 | -- | -- |
| 09/14/2017 09/14/17 | Sold | $1,200,000 | -27.3% | $149 / Sq Ft |
| 08/20/2017 08/20/17 | Pending | -- | -- | -- |
| 05/26/2017 05/26/17 | For Sale | $1,650,000 | -- | $205 / Sq Ft |
Source: Great Smoky Mountains Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $7,894 | $533,400 | $62,200 | $471,200 |
| 2023 | $7,894 | $533,400 | $0 | $0 |
| 2022 | $5,167 | $349,100 | $38,875 | $310,225 |
| 2021 | $5,967 | $349,100 | $38,875 | $310,225 |
| 2020 | $4,301 | $403,200 | $38,875 | $364,325 |
| 2019 | $4,301 | $231,225 | $39,600 | $191,625 |
| 2018 | $4,301 | $231,225 | $39,600 | $191,625 |
| 2017 | $4,301 | $231,225 | $39,600 | $191,625 |
| 2016 | $4,301 | $231,225 | $39,600 | $191,625 |
| 2015 | -- | $231,900 | $0 | $0 |
| 2014 | $3,780 | $231,911 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Charity Brown
Seller's Agent in 2025
Charity Brown
Tennessee Elite Realty
(865) 659-0254
226 in this area
327 Total Sales
-
K
Seller's Agent in 2017
Kim Goode
Crye-Leike
-
Tina Parton
T
Buyer's Agent in 2017
Tina Parton
Prime Mountain Properties
(865) 712-0248
25 in this area
50 Total Sales
Map
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 210080
APN: 104-010.00
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed. Copyright 2025 Great Smoky Mountains Association of REALTORS®. All rights reserved.
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