NOT LISTED FOR SALE

2048 Slippery Rock Cir Sevierville, TN 37862

Estimated Value: $450,930 - $552,000

3 Beds
3 Baths
1,520 Sq Ft
$323/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $471,000 $310 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,779/month

1 Day on Market

Highlights

  • Craftsman Architecture
  • Deck
  • Wood Flooring
  • Gatlinburg Pittman High School Rated A-
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of May 2022

This property represents an incredible opportunity to own a 3 bedroom, 3 full bath home just minutes to the heart of Pigeon Forge with extremely easy access. A rarity within the Pigeon Forge City Limits, zoning is R-2 which allows the use of short term rentals. Although the home isn't currently used as an overnight rental, the property is surrounded by successful short term rental properties. Inside you'll find it very conducive to an excellent performing rental with the wood tongue and groove ceilings in multiple areas, two very generous sized king bedrooms (and one queen bedroom), and a beautiful walk in slate shower. The kitchen is very functional with plenty of cabinets and counter space and includes granite counters, solid dovetailed drawer cabinetry, and slate tile flooring. The eating space features a bay window, wood flooring, plenty of room for seating, and has a beautiful stone accent wall. The family room showcases the vaulted wood tongue and groove ceiling along with the board and batten accent wall. The main level owner's suite stands out with its generous size with ample room for a king bed, dresser, night stands, and more. The en suite bath includes a double bowl vanity along with a walk in slate tile shower with clear glass door. Upstairs you'll find a massive bedroom with vaulted tongue and groove wood ceiling along with a full attached bath and large walk-in closet. Alternatively, if someone wanted, this could make a great game room area as well. No stackable washer and dryer here, there is a full size side by side washer/dryer enabling guests to do full loads of laundry on the main level. There is a small covered porch on the front and a deck out back that has steps leading down to a private backyard. Speaking of yards - the HOA fee includes lawn maintenance, so that takes another additional payment off your plate. The operating costs of this property are minimal with the city water/sewer, electric heat pump, and well constructed property contributing to low electric bills. The average water/sewer bill during the Seller's ownership has been $47.53 per month and the electric has averaged $102.54 monthly. Xfinity high speed internet and cable is also available. The home is being sold mostly furnished. The big items such as beds, mattresses, comforters, night stands, dressers, end tables, coffee tables, sofas/couches, dining table/chairs, appliances, etc remain with the property. The home is currently being used as a residence, so personal items will not convey. Access to the property is a breeze with no steep roads and nearly all flat and level access. The home is located within easy walking distance to a pizza shop, Whaley's Market, Jeep Rentals, and much more! There is even a trolley stop at the entrance of the subdivision just a few hundred feet away. Within a short drive are numerous restaurants on Wears Valley Road in PIgeon Forge, Alpine Coasters, Goats on the Roof, and many tourist activities. To get to the main Parkway at Light #3 in Pigeon Forge it can be achieved in as little as few as 7 minutes and almost always within 10 minutes (depending on traffic and lights). The location truly is impeccable. It feels far enough away to be a great getaway, but extremely close to all the action of the Smokies. The neighborhood has community HOA access to beautiful Walden's Creek where you can fish, relax, or walk along the trail that goes by the creek. The subdivision is excellent for walking with the nearly level terrain and very lightly trafficked private road. Parking at the home can accommodate up to 4 vehicles. Two large trucks can easily fit on the concrete parking pad, while two smaller vehicles can fit on the paver driveway area. The main level has beautiful crown moulding on nearly the entire first floor. The home's finishes and amenities along with its amazing location lends itself to be a very successful short term rental, second home, or residence (serving the current owners well for a couple years).

Last Agent to Sell the Property

Jay Fradd

Smoky Mountain Real Estate Cor License #313792 Listed on: 04/10/2022

Last Buyer's Agent

Shelly Gillum

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $755

Year Built

  • Built in 2007

Lot Details

  • Property fronts a private road
  • Level Lot
  • Property is zoned R-2

HOA Fees

  • $40 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Chalet
  • Cottage
  • Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,520 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Utility Room
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Floors
  • Storage In Attic

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include insurance, ground maintenance, roads
  • Walnut Grove HOA
  • Walnut Grove Subdivision
  • On-Site Maintenance

Listing and Financial Details

  • Tax Lot 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$755

Year Built

Built in 2007

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Zoning: R-2
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Level
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Other
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Roads
  • Co List Office Mls Id: 505
  • Subdivision Name: Walnut Grove
  • Above Grade Finished Sq Ft: 1520.0
  • Architectural Style: Chalet, Cottage, Craftsman
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: One and One Half
  • ResoWindowFeatures: Double Pane Windows, Window Treatments
  • Location Tax and Legal Tax Lot2: 7
  • Location Tax and Legal:Tax Annual Amount: 755.0
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Above Grade Finished Area: 1520.0
  • 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
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: 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
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Room Types Bedroom 2 Level: 1
  • Room Types Dining Room: Yes
  • Room Types Dining Room Level: 1
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Primary Bedroom Level: 1
  • Room Types Utility Room: Yes
  • Room Types Utility Room Level: 1
  • Architectural Style Chalet: Yes
  • Utilities:Cable Available: Yes
  • Room Types Bedroom 3 Level: 2
  • Road Frontage Type:Private Road: Yes
  • Architectural Style Craftsman: Yes
  • Architectural Style Cottage: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet, Solid Surface Counters, Walk-In Closet(s)
  • Street Number Modifier: 2048
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Total Bedrooms: 14
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Solid Surface Counters: Yes
  • Attic Features:Floored: Yes
  • Attic Features:Storage Only: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Home Warranty: No
  • Construction Type: Frame, Stone, Vinyl Siding
  • Patio And Porch Features: Covered, Deck, Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Frame: 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, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 120.0
  • Association Fee Frequency: Quarterly
  • Association Name: Walnut Grove HOA
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 755.0
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2016
Closed on
Feb 10, 2017
Sold by
Layne Cynthia F
Bought by
Bowles Kenneth M and Bowles Anita
List Price
$185,000
Sold Price
$168,000
Premium/Discount to List
-$17,000
-9.19%
Current Estimated Value
$490,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,977
Avg. Annual Appreciation
13.18%

Purchase Details

Closed on
Oct 19, 2007
Sold by
Boone Kevin E
Bought by
Layne Cynthia F
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
Bowles Kenneth M $168,000 --
Layne Cynthia F $177,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2022 08/17/22 Off Market $471,000 -- --
05/16/2022 05/16/22 Sold $471,000 +7.1% $310 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/10/2022 04/10/22 For Sale $439,900 +130.2% $289 / Sq Ft
01/27/2020 01/27/20 Off Market $191,060 -- --
10/28/2019 10/28/19 Sold $191,060 -3.0% $123 / Sq Ft View Prior Sale
03/14/2019 03/14/19 For Sale $197,000 +17.3% $126 / Sq Ft
02/10/2017 02/10/17 Sold $168,000 -9.2% $108 / Sq Ft View Prior Sale
12/26/2016 12/26/16 Pending -- -- --
09/03/2016 09/03/16 For Sale $185,000 -- $119 / 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 $1,510 $81,640 $8,000 $73,640
2024 $1,510 $51,025 $5,000 $46,025
2023 $1,510 $51,025 $0 $0
2022 $839 $51,025 $5,000 $46,025
2021 $839 $51,025 $5,000 $46,025
2020 $584 $51,025 $5,000 $46,025
2019 $584 $28,350 $5,000 $23,350
2018 $584 $28,350 $5,000 $23,350
2017 $584 $28,350 $5,000 $23,350
2016 $584 $28,350 $5,000 $23,350
2015 $589 $32,175 $0 $0
2014 $589 $32,176 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 248594

Great Smoky Mountains Association of REALTORS®

APN: 093H-C-001.00-007