NOT LISTED FOR SALE

2042 Penny Way Sevierville, TN 37862

Estimated Value: $576,580

2 Beds
1 Bath
1,246 Sq Ft
$463/Sq Ft Est. Value

Last Sold February 09, 2021

Last sale price $360,000 $289 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,176/month

2 Days on Market

Highlights

  • 2.3 Acre Lot
  • Mountain View
  • Wooded Lot
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Cathedral Ceiling

About This Home

As of February 2021

First time on the Market nestled on 2.3 Acres! A little tree trimming and can gain a Yearly View. Dove tail Hand Hewn White Pine logs. Main level has Hickory hardwood flooring. Carpet in the upstairs loft bedroom. Tongue and Groove Ceilings and walls. Hickory Cabinets. Black Walnut Mantle at the Wood Burning Natural Stone Fireplace, there is also a chimney if a wood stove wanted to be added in the kitchen. Stair Steps to upstairs loft are of Oak. Exposed Timber Framing in the Living Room/Dining room has Wood Burned artwork. Tile flooring in the Kitchen, Laundry and Bathroom as well as the Bathroom Shower. This home also has an detached 26'x32' 2 Car Garage which is Insulated with 9'x18' Garage Door, 10' Ceilings with Storage access above the Garage area, it has a 3' Man door on the side. The garage also features a Toilet and Sink. The Central heating in home is of Dual Fuel system that pairs an electric heat pump with a gas furnace and alternates between the two fuel sources to maximize comfort and efficiency. Items that do not Convey are Taxidermist items, Dining Room table and chairs, Antique Wash Stand and Personal Items. Home is currently a permanent occupancy but can become an Overnight Rental.

Last Agent to Sell the Property

Daniel Bice

Mountain Realty Group License #351911 Listed on: 01/06/2021

Last Buyer's Agent

Sandy King

TN Smoky Mtn Realty License #326433

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $830

Year Built

  • Built in 2005

Lot Details

  • 2.3 Acre Lot
  • Property fronts a private road
  • Property fronts an easement
  • Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Mountain
  • Seasonal

Home Design

  • Log Cabin
  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 1,246 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Loft
  • Utility Room
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Well
  • Septic Tank
  • Septic Permit Issued

Community Details

  • Association fees include roads

Listing and Financial Details

  • Tax Lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$830

Year Built

Built in 2005

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Wooded
  • Road Frontage Type: Easement, Private Road
  • Road Surface Type: Gravel, Paved
  • Reso View: Mountain(s), Seasonal
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Fee Includes: Roads
  • Co List Office Mls Id: 499
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 1246.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Location Tax and Legal Tax Lot2: 4
  • Location Tax and Legal:Tax Annual Amount: 830.03
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 2.3
  • General Property Information Above Grade Finished Area: 1246.0
  • General Property Information Bonus Room YN2: No
  • General Property Information:Furnished: Furnished
  • 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 Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels:One and One Half: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • View Seasonal: Yes
  • Room Types Dining Room: Yes
  • Room Types Dining Room Level: 1
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Loft: Yes
  • Room Types Loft Level: 2
  • Room Types Primary Bedroom Level: 1
  • Room Types Utility Room: Yes
  • Room Types Utility Room Level: 1
  • Sewer Septic Permit On File: Yes
  • General Property Information Lot Size Dimensions: 218/378/279/809
  • Road Surface Type Gravel2: Yes
  • Water Source:Well: Yes
  • Road Frontage Type:Private Road: Yes
  • Road Frontage Type:Easement: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Tile Counters
  • Street Number Modifier: 2042
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 12
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Tile Counters: Yes

Exterior Features

  • Roof: Metal
  • Acres: 2.3
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log, Wood Siding
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage Door Opener, Private
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: No
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Private3: Yes

Utilities

  • Cooling: Central Air, Electric, Gas, Heat Pump
  • Heating: Central, Electric, Heat Pump, Propane
  • Sewer: Septic Tank, Septic Permit On File
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Gas2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Propane: Yes

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: No

Lot Info

  • Lot Dimensions: 218/378/279/809
  • Lot Size Sq Ft: 100188.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 830.03
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Feb 8, 2021
Sold by
Beeler David
Bought by
Keller Brandon and Keller Dara
Seller's Agent
Daniel Bice
Mountain Realty Group
Buyer's Agent
Sandy King
TN Smoky Mtn Realty
List Price
$325,000
Sold Price
$360,000
Premium/Discount to List
$35,000
10.77%
Current Estimated Value
$576,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,580
Avg. Annual Appreciation
10.61%
Original Mortgage
$306,000
Outstanding Balance
$273,208
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$303,372

Purchase Details

Closed on
Sep 12, 2012
Sold by
Burdette David L
Bought by
Beeler David L

Purchase Details

Closed on
Aug 9, 2004
Sold by
Cheryl Morgan
Bought by
David Beeler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.96%

Purchase Details

Closed on
Jun 12, 1997
Sold by
Coleman David B
Bought by
Cheryl Morgan

Purchase Details

Closed on
May 9, 1996
Bought by
Coleman David B and Coleman Deanna

Purchase Details

Closed on
Nov 13, 1995
Sold by
Walker Douglas L and Walker Susan Y
Bought by
Connolly William K

Purchase Details

Closed on
Nov 16, 1992
Bought by
Walker Douglas L and Walker Susan Y
Source: Public Records

Range of Values:

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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
Keller Brandon $360,000 Smoky Mountain Title
Beeler David L $22,000 --
David Beeler $42,000 --
Cheryl Morgan $31,900 --
Coleman David B $29,900 --
Connolly William K $29,900 --
Walker Douglas L $19,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keller Brandon $306,000
Previous Owner Walker Douglas L $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2021 05/11/21 Off Market $360,000 -- --
03/23/2021 03/23/21 Off Market $360,000 -- --
02/09/2021 02/09/21 Sold $360,000 +10.8% $289 / Sq Ft
01/06/2021 01/06/21 For Sale $325,000 -- $261 / 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 $1,330 $143,800 $17,160 $126,640
2024 $1,330 $89,875 $10,725 $79,150
2023 $1,330 $89,875 $0 $0
2022 $1,330 $89,875 $10,725 $79,150
2021 $1,330 $89,875 $10,725 $79,150
2020 $830 $89,875 $10,725 $79,150
2019 $830 $44,625 $9,925 $34,700
2018 $830 $44,625 $9,925 $34,700
2017 $830 $44,625 $9,925 $34,700
2016 $830 $44,625 $9,925 $34,700
2015 -- $47,750 $0 $0
2014 $778 $47,758 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 231756

Great Smoky Mountains Association of REALTORS®

APN: 104-004.00