$280,000
SOLD SEP 13, 2024

2019 Spence Mountain Loop Sevierville, TN 37876

4 Beds
4.5 Baths
2,936 Sq Ft
0.83 Acres

Recently Sold

$95 Per Sq Ft

12% Above List Price

3 Days on Market

Highlights

  • Chalet
  • 3 Fireplaces
  • Furnished
  • Gatlinburg Pittman High School Rated A-
  • Bonus Room
  • No HOA

About This Home

As of September 2024

INVESTOR SPECIAL! Here's what you have been waiting for! Serious investors only. 2 cabins +ADU for less than the price of one! Bldg#1 built in 1996 has 1 sleeping area on main, kitchen, LR, Full bath, gas fireplace + appliances and wrap around deck in private setting. Cabin #2 built in 1994 is one level, kitchen, LR, gas fireplace, two sleeping areas, 2 full baths with fenced yard. The third ADU/guest house has two sleeping areas or offices with kitchen, den with fireplace and a full bath. Being sold AS IS WHERE IS. View by appointment ONLY. Near Little Pigeon River, Sevierville and the great Smoky Mountains.

Last Agent to Sell the Property

Penny Cowell

Monarch Realty LLC License #285001 Listed on: 08/20/2024

Co-Listed By

Devin Cowell

Monarch Realty LLC License #355601

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM License #105

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $898

Year Built

  • Built in 1994

Home Design

  • Chalet
  • Cabin
  • Fixer Upper

Interior Spaces

  • 2,936 Sq Ft Home
  • 2-Story Property
  • Furnished
  • 3 Fireplaces
  • Bonus Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Well
  • Septic Tank

Additional Features

  • 0.83 Acre Lot
  • Accessory Dwelling Unit (ADU)

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10-R
  • Assessor Parcel Number 074 062-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$898

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Zoning: R-1
  • Current Use: Investment, Single Family
  • CoListOfficeEmail: pcintennessee@gmail.com
  • Reso Property Sub Type: Multi Family
  • NumberUnfurnished: Furnished
  • Horses: No
  • Co List Office Mls Id: 705
  • Co List Office Mls Id: 705
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2936.0
  • Architectural Style: Cabin, Chalet
  • Fireplace: Yes
  • Garage Yn: No
  • New Construction: No
  • Reso Property Condition: Fixer
  • Location Tax and Legal New Construction YN: No
  • Location Tax and Legal Parcel Number2: 074 062-01
  • Location Tax and Legal Tax Lot2: 10-R
  • Location Tax and Legal:Tax Annual Amount: 897.62
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Lot Size Acres: 0.83
  • General Property Information Above Grade Finished Area: 2936.0
  • General Property Information:Bathrooms Half: 1
  • General Property Information Bonus Room YN2: Yes
  • General Property Information:Furnished: Furnished
  • General Property Information Accessory Dwelling Unit YN2: Yes
  • General Property Information Home Warranty YN: No
  • Architectural Style Cabin2: Yes
  • Cooling:Central Air: Yes
  • Architectural Style Chalet: Yes
  • Water Source:Well: Yes
  • General Property Information:Stories Total: 2
  • General Property Information Fireplace YN: Yes
  • General Property Information Horse YN2: No
  • Property Condition:Fixer: Yes
  • General Property Information Planned Unit Development (PUD): No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Street Number Modifier: 2019
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 3
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Fireplace Features:Fireplaces Total: 3

Exterior Features

  • Acres: 0.83
  • Home Warranty: No

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Water Source: Well
  • HeatingCooling:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 36154.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 074 062-01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 897.62
  • Tax Lot: 10-R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Sep 12, 2024
Sold by
Cavey Wayne P
Bought by
Mj New Construction Of Swfl Corp Inc
Seller's Agent
Penny Cowell
Monarch Realty LLC
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$250,000
Sold Price
$280,000
Premium/Discount to List
$30,000
12%
Views
118
Current Estimated Value
$337,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,829
Avg. Annual Appreciation
25.38%

Purchase Details

Closed on
Jul 29, 2011
Sold by
Federal National Mortgage Association
Bought by
Cavey Wayne P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,900
Interest Rate
4.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 2010
Sold by
Healy Edward
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Apr 4, 2006
Sold by
Bruce Fischer
Bought by
Edward Healy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
6.28%

Purchase Details

Closed on
Nov 6, 1998
Sold by
Quay Thomas W
Bought by
William Fischer

Purchase Details

Closed on
Aug 5, 1994
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $280,000 Blue Ridge Title
Special Warranty Deed $142,900 --
Deed $201,233 --
Deed $220,000 --
Deed -- --
Deed $138,500 --
Warranty Deed $3,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $142,900 Commercial
Previous Owner $33,000 No Value Available
Previous Owner $22,000 No Value Available
Previous Owner $176,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2024 09/13/24 Sold $280,000 +12.0% $95 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $250,000 -- $85 / 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
2024 $898 $60,650 $7,700 $52,950
2023 $898 $60,650 $0 $0
2022 $898 $60,650 $7,700 $52,950
2021 $898 $60,650 $7,700 $52,950
2020 $828 $60,650 $7,700 $52,950
2019 $828 $44,500 $7,725 $36,775
2018 $828 $44,500 $7,725 $36,775
2017 $828 $44,500 $7,725 $36,775
2016 $828 $44,500 $7,725 $36,775
2015 -- $45,500 $0 $0
2014 $742 $45,514 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 302601

Great Smoky Mountains Association of REALTORS®

APN: 074-062.01