NOT LISTED FOR SALE

2118 Megan Ridge Dr Sevierville, TN 37876

Estimated Value: $1,402,045

4 Beds
4.5 Baths
3,732 Sq Ft
$376/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $1,500,000 $402 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $7,424/month

127 Days on Market

Highlights

  • Pool and Spa
  • 1.61 Acre Lot
  • Private Lot
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of June 2023

WELCOME to this new, modern Smoky Mountain retreat!!! Don't miss your chance to own one of these stunning new developments by a builder that is top in the industry. This cabin will be turn key with only the finest upgrades and top-end finishes. With 4 bedrooms and 4 full baths and one half bath, there is plenty of room for guests to enjoy this private oasis. Enjoy the breathtaking views from the back deck while relaxing in the hot tub. Guests also have the privilege of making a splash in the private indoor pool or a little friendly competition in the game room. And don't forget about those lazy nights after taking in all the attractions of Pigeon Forge and Gatlinburg when guests can curl up in the media room to catch a flick. Investors- Imagine the rental income this cabin will bring!

Last Agent to Sell the Property

Charlene Dodson

MG Rise Real Estate Group License #357564 Listed on: 09/14/2022

Last Buyer's Agent

Josh Stites

Jackson Real Estate Services License #293668

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $178

Year Built

  • Built in 2023

Lot Details

  • 1.61 Acre Lot
  • Property fronts a county road
  • Private Lot
  • Wooded Lot

Home Design

  • Home to be built
  • Cabin
  • Tri-Level Property
  • Frame Construction
  • Wood Siding
  • Block And Beam Construction
  • Stone

Interior Spaces

  • Furnished
  • 1 Fireplace
  • Great Room
  • Bonus Room
  • Finished Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Pool and Spa
  • In Ground Pool

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Cedar Ridge Estates Subdivision

Listing and Financial Details

  • Tax Lot 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$178

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Private, Wooded
  • ResoPoolFeatures: Hot Tub, In Ground
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 958
  • Subdivision Name: Cedar Ridge Estates
  • Above Grade Finished Sq Ft: 2026.0
  • Architectural Style: Cabin
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: Tri-Level
  • New Construction: No
  • Reso Property Condition: To Be Built
  • Location Tax and Legal Tax Lot2: 12
  • Location Tax and Legal:Tax Annual Amount: 178.1
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 1.61
  • General Property Information Above Grade Finished Area: 2026.0
  • General Property Information Below Grade Finished Area: 1706.0
  • 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: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Cooling:Central Air: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels Tri-Level: Yes
  • Road Frontage Type County Road: Yes
  • Pool Features In Ground: Yes
  • Water Source:Well: Yes
  • Pool Features Hot Tub: Yes
  • Property Condition:To Be Built: Yes
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Great Room, Solid Surface Counters
  • Street Number Modifier: 2118
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1706.0
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Solid Surface Counters: Yes

Exterior Features

  • Acres: 1.61
  • Home Warranty: No
  • Construction Type: Block, Frame, Stone, Wood Siding
  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Patio And Porch Features:Covered2: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Stone: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Block: Yes
  • Lot Features:Private2: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 70131.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 178.1
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
May 24, 2023
Sold by
Franklin S Chris
Bought by
Ali Ahmed Abdelbasset and Mohamed Noha Ibrahim
Seller's Agent
Charlene Dodson
MG Rise Real Estate Group
Buyer's Agent
Josh Stites
Jackson Real Estate Services
List Price
$1,500,000
Sold Price
$1,500,000
Views
44
Current Estimated Value
$1,402,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$97,955
Avg. Annual Appreciation
-2.87%
Original Mortgage
$1,200,000
Outstanding Balance
$687,611
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$714,434

Purchase Details

Closed on
Apr 25, 2012
Sold by
Linkous Ricky C
Bought by
Chapman David T and Chapman Cathy A
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Ali Ahmed Abdelbasset $1,500,000 None Listed On Document
Chapman David T $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Ahmed Abdelbasset $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2023 09/24/23 Off Market $1,500,000 -- --
06/09/2023 06/09/23 Sold $1,500,000 0.0% $402 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
10/26/2022 10/26/22 For Sale $1,500,000 -- $402 / 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 $142 $322,520 $18,040 $304,480
2024 $142 $322,520 $18,040 $304,480
2023 $142 $322,520 $0 $0
2022 $142 $9,575 $9,575 $0
2021 $142 $9,575 $9,575 $0
2020 $178 $9,575 $9,575 $0
2019 $178 $9,575 $9,575 $0
2018 $178 $9,575 $9,575 $0
2017 $178 $9,575 $9,575 $0
2016 $178 $9,575 $9,575 $0
2015 -- $9,200 $0 $0
2014 $150 $9,188 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charlene Dodson

    Seller's Agent in 2023

    Charlene Dodson

    MG Rise Real Estate Group

    (865) 414-3563

    19 in this area

    23 Total Sales

    Charlene Dodson
    Section Image

  • J

    Buyer's Agent in 2023

    Josh Stites

    Jackson Real Estate Services

    Section Image
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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 253910

Great Smoky Mountains Association of REALTORS®

APN: 040J-A-012.00

Tennessee Sevier County Sevierville 37876

2118 Megan Ridge Dr, Sevierville, TN

This home is located at 2118 Megan Ridge Dr, Sevierville, TN 37876 since 14 September 2022 and is currently estimated at $1,402,045, approximately $375 per square foot. This property was built in 2023. 2118 Megan Ridge Dr is a home located in Sevier County with nearby schools including Catons Chapel Elementary School, Jones Cove Elementary School, and Northview Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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