NOT LISTED FOR SALE

2131 Trace Way Sevierville, TN 37862

Estimated Value: $493,634

1 Bed
1 Bath
1,542 Sq Ft
$320/Sq Ft Est. Value

Last Sold July 16, 2019

Last sale price $230,000 $149 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,739/month

399 Days on Market

Highlights

  • 1.37 Acre Lot
  • No HOA
  • Cabin
  • Gatlinburg Pittman High School Rated A-

About This Home

As of July 2019

All information is deemed to be correct but not guaranteed. Buyer should verify all information that is important to them before making offer.

Last Agent to Sell the Property

Jerry Sandifer

Exit Tennessee Realty Pros,LLC License #302363 Listed on: 04/07/2018

Co-Listed By

Carolyn Schofield

Exit Tennessee Realty Pros,LLC License #287109

Last Buyer's Agent

Ruth Blue

Exit Tennessee Realty Pros,LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $767

Year Built

  • Built in 2002

Lot Details

  • 1.37 Acre Lot
  • Property fronts a private road

Home Design

  • Cabin

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0021

Home Details

Home Type

Single Family

Est. Annual Taxes

$767

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Zoning: R-1
  • CoListOfficeEmail: tnrealtypros@gmail.com
  • Reso Property Sub Type: Single Family Residence
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 504
  • Co List Office Mls Id: 504
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 822.0
  • Architectural Style: Cabin
  • Garage Yn: No
  • Location Tax and Legal Tax Lot2: 0021
  • Location Tax and Legal:Tax Annual Amount: 767.25
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Lot Size Acres: 1.37
  • General Property Information Above Grade Finished Area: 822.0
  • General Property Information Below Grade Finished Area: 720.0
  • General Property Information Bonus Room YN2: No
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Architectural Style Cabin2: Yes
  • Road Frontage Type:Private Road: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Street Number Modifier: 2131
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Below Grade Sq Ft: 720.0

Exterior Features

  • Acres: 1.37
  • Home Warranty: No

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Septic Tank
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Name: N/A
  • Association: No

Lot Info

  • Lot Size Sq Ft: 59677.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 767.25
  • Tax Lot: 0021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2022
Sold by
Kaur Chahal Gurveen and Kaur Sukhbir
Bought by
Trace Way Llc
Current Estimated Value
$493,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2018
Closed on
Jul 10, 2019
Sold by
Dyer Clifton Eugene
Bought by
Singh Sukhbir and Chahal Gurveen
Seller's Agent
Jerry Sandifer
Exit Tennessee Realty Pros,LLC
Buyer's Agent
Ruth Blue
Exit Tennessee Realty Pros,LLC
List Price
$259,500
Sold Price
$230,000
Premium/Discount to List
-$29,500
-11.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.00%
Original Mortgage
$207,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2009
Sold by
Morgan Willie D
Bought by
Dyer Clifton Eugene

Purchase Details

Closed on
Apr 20, 1988
Bought by
Kitts Sue
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 Buyer Sale Price Title Company
Trace Way Llc -- --
Singh Sukhbir $230,000 Hometown Title Llc
Dyer Clifton Eugene $185,000 --
Kitts Sue $400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Trace Way Llc $360,000
Previous Owner Singh Sukhbir $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2019 10/20/19 Off Market $230,000 -- --
07/16/2019 07/16/19 Sold $230,000 -11.4% $149 / Sq Ft
05/11/2019 05/11/19 Pending -- -- --
04/07/2018 04/07/18 For Sale $259,500 -- $168 / 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 $1,465 $98,960 $10,360 $88,600
2024 $1,465 $98,960 $10,360 $88,600
2023 $1,465 $98,960 $0 $0
2022 $915 $61,850 $6,475 $55,375
2021 $915 $61,850 $6,475 $55,375
2020 $679 $61,850 $6,475 $55,375
2019 $679 $36,500 $6,500 $30,000
2018 $767 $36,500 $6,500 $30,000
2017 $767 $41,250 $11,250 $30,000
2016 $767 $41,250 $11,250 $30,000
2015 -- $44,050 $0 $0
2014 $718 $44,056 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 215567

Great Smoky Mountains Association of REALTORS®

APN: 104-093.00