NOT LISTED FOR SALE

218 Rule Way Sevierville, TN 37876

Estimated Value: $566,517

2 Beds
2.5 Baths
806 Sq Ft
$703/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $559,000 $694 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,069/month

7 Days on Market

Highlights

  • 5.03 Acre Lot
  • Mountain View
  • Wood Flooring
  • Gatlinburg Pittman High School Rated A-
  • Wooded Lot
  • No HOA

About This Home

As of August 2023

Welcome to your dream cabin retreat in Sevierville with 5 acres of complete privacy! No restrictions and ready for overnight rentals! This charming cabin offers breathtaking views that include Mt. Leconte and surrounding mountains. Also comes with a nice private spot for an RV/tiny home site that has been approved for a 1 BR septic and a separate private drive. The rustic beauty of the cabin features natural resources such as trees and stones from the property. The cabin also boasts a convenient full RV connection located close to the main house, ensuring hassle-free recreational vehicle experiences. Need extra space? A spacious 10x20 storage building is included, providing ample room for all your belongings. Located just 5 miles away from downtown Sevierville, you'll have the perfect blend of tranquility and accessibility to city amenities. Whether you're seeking a weekend getaway or a permanent residence, this cabin offers a wonderful opportunity to embrace nature while still being within easy reach of the vibrant town nearby. Don't miss out on this exceptional property that combines natural beauty, thoughtful design, and convenient features.

Last Agent to Sell the Property

Jacob Collins

Realty Executives Smoky Mounta License #346795 Listed on: 06/16/2023

Realty Executives Smoky Mounta

Co-Listed By

Julie Roussel

Realty Executives Smoky Mounta License #356521

Last Buyer's Agent

Austen Trotter

eXp Realty, LLC 7720 License #348002

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $124

Year Built

  • Built in 2022

Lot Details

  • 5.03 Acre Lot
  • Property fronts a county road
  • Wooded Lot

Home Design

  • Log Cabin
  • Slab Foundation
  • Wood Roof
  • Log Siding

Interior Spaces

  • 806 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Wood Flooring
  • Mountain Views
  • Attic Access Panel
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Heating Available
  • Well
  • Septic Permit Issued

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot /10

Home Details

Home Type

Single Family

Est. Annual Taxes

$124

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Zoning: R-1
  • CoListOfficeEmail: collinsfamilyhomes@gmail.com
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Wooded
  • Road Frontage Type: County Road
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 964
  • Co List Office Mls Id: 964
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 806.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Two
  • Location Tax and Legal Tax Lot2: /10
  • Location Tax and Legal:Tax Annual Amount: 123.95
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Lot Size Acres: 5.03
  • General Property Information Above Grade Finished Area: 806.0
  • General Property Information:Bathrooms Half: 1
  • 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
  • General Property Information View YN2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Attic Features Access Only: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • Levels:Two: Yes
  • Road Frontage Type County Road: Yes
  • Sewer Septic Permit On File: Yes
  • Foundation Details Slab: Yes
  • Water Source:Well: Yes
  • Roof:Wood3: Yes
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range Hood, Refrigerator
  • Interior Amenities: Ceiling Fan(s)
  • Street Number Modifier: 218
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Appliances Dishwasher: Yes
  • Basement:None3: Yes
  • Interior Features:Ceiling Fans: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Roof: Wood
  • Acres: 5.03
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Construction Materials:Log: Yes
  • Patio And Porch Features:Covered2: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Electric
  • Heating: Other
  • Sewer: Septic Permit On File
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • HeatingCooling:Electric: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 219106.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 123.95
  • Tax Lot: /10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Aug 4, 2023
Sold by
Francis Andrew B and Francis Carolyn R
Bought by
Hill Daphne
Seller's Agent
Jacob Collins
Realty Executives Smoky Mounta
Buyer's Agent
Austen Trotter
eXp Realty, LLC 7720
List Price
$549,000
Sold Price
$559,000
Premium/Discount to List
$10,000
1.82%
Views
18
Current Estimated Value
$566,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,517
Avg. Annual Appreciation
0.61%
Original Mortgage
$363,350
Outstanding Balance
$354,853
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$211,664

Purchase Details

Closed on
Nov 9, 2018
Sold by
Carr Jerry C Sam and Carr Debbie
Bought by
Francis Andrew B and Francis Carolyn R

Purchase Details

Closed on
Jan 18, 2007
Sold by
Sam Carr Jerry C
Bought by
Vincent Delores H

Purchase Details

Closed on
Nov 16, 2005
Sold by
Sam Carr Jerry C
Bought by
Kenneth Gibson

Purchase Details

Closed on
Nov 2, 1993
Sold by
Clerk & Master Sevier Coun
Bought by
Ronald Dixon W

Purchase Details

Closed on
Oct 6, 1993
Sold by
Carr L E
Bought by
Sam Carr Jerry C
Source: Public Records

Range of Values:

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Average Value
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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
Hill Daphne $559,000 Foothills Title Services Inc
Francis Andrew B $35,000 Magnolia Title
Vincent Delores H $152,000 --
Kenneth Gibson $33,000 --
Ronald Dixon W $113,400 --
Sam Carr Jerry C $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Daphne $363,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2023 09/24/23 Off Market $559,000 -- --
08/04/2023 08/04/23 Sold $559,000 +1.8% $694 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $549,000 -- $681 / 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 $794 $85,800 $13,400 $72,400
2024 $794 $53,625 $8,375 $45,250
2023 $794 $53,625 $0 $0
2022 $124 $8,375 $8,375 $0
2021 $124 $8,375 $8,375 $0
2020 $159 $8,375 $8,375 $0
2019 $159 $8,550 $8,550 $0
2018 $159 $8,550 $8,550 $0
2017 $159 $8,550 $8,550 $0
2016 $159 $8,550 $8,550 $0
2015 -- $8,525 $0 $0
2014 $139 $8,524 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 257862

Great Smoky Mountains Association of REALTORS®

APN: 048-012.00