NOT LISTED FOR SALE

2243 Spence Mountain Loop Sevierville, TN 37876

Estimated Value: $488,105 - $529,000

2 Beds
2.5 Baths
1,613 Sq Ft
$315/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $500,000 $310 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,754/month

185 Days on Market

Highlights

  • 1.52 Acre Lot
  • Deck
  • 1 Fireplace
  • Gatlinburg Pittman High School Rated A-
  • Wooded Lot
  • Cooling Available

About This Home

As of October 2023

MOTIVATED SELLER, OWN YOUR OWN CABIN, FULLY LOADED! Just bring your clothes and groceries. This beautifully furnished cabin, has everything you need as a wonderful home or weekend getaway. Don't let the 2 bedrooms fool you, each is an owners suite complete with king size bed, private bathroom, and access to the deck and private balcony. Have company? Don't worry, there is plenty of space for overnight guests on the sleeper-sofa in the great room and loft. Large stocked kitchen and dining area with everything you need to cook and entertain. Relax in the hot tub on the oversized deck, surrounded by the tranquil forest of Spence Mountain. Enjoy the nightly fireworks of Dollywood right from your covered front porch. The game room joins a covered deck perfect for a relaxing on a rainy day. Stay home roast marshmallows and watch the fireflies while gathered around the firepit. This home is just a minutes from Dollywood Parkway, only 6 miles to Dollywood & Splash Country and just 9 miles to The Island in Pigeon Forge, and just 20 minutes from Interstate 40. Call today for a private showing.

Last Agent to Sell the Property

Shelly Renfro

Century 21 Legacy Brokerage Phone: 8653933227 License #309875 Listed on: 03/24/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $700

Year Built

  • Built in 1993

Lot Details

  • 1.52 Acre Lot
  • Wooded Lot

Parking

  • On-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • 1,613 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outdoor Gas Grill

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Propane

Community Details

  • Spence Mtn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074 06519 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$700

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Year Built: 1993
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • Attribution Contact: 8653933227
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Unfinished
  • Above Grade Finished Sq Ft: 1613
  • Building Area Units: Square Feet
  • Living Area: 1613
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Balcony, Gas Grill
  • Construction Type: Frame
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: On Street

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Propane
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Private, Wooded, Other
  • Lot Size Acres: 1.52
  • Lot Size Units: Acres
  • Parcel #: 074 06519 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2017
Closed on
Jun 13, 2017
Sold by
Finance Of America Reverse Llc
Bought by
Clayton William E
Seller's Agent
Andy Bolger
Weichert, REALTORS - Tiger Real Estate
Buyer's Agent
Non Member
Non Member - Sales
List Price
$109,900
Sold Price
$101,925
Premium/Discount to List
-$7,975
-7.26%
Current Estimated Value
$508,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,628
Avg. Annual Appreciation
21.60%
Original Mortgage
$102,954
Outstanding Balance
$85,655
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$422,898

Purchase Details

Listed on
May 9, 2017
Closed on
Jun 2, 2017
Sold by
Mcmahan Thomas G and Mcmahan Queenie D
Bought by
Finance Of America Reverse Llc
Seller's Agent
Andy Bolger
Weichert, REALTORS - Tiger Real Estate
Buyer's Agent
Non Member
Non Member - Sales
List Price
$109,900
Sold Price
$101,925
Premium/Discount to List
-$7,975
-7.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,954
Outstanding Balance
$85,655
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$422,898

Purchase Details

Closed on
Apr 18, 2017
Sold by
Mcmahan Thomas G
Bought by
Finance Of America Reverse Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,954
Outstanding Balance
$85,655
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$422,898

Purchase Details

Closed on
Nov 17, 2000
Sold by
Tennessee State Bank
Bought by
Tennessee State Bank

Purchase Details

Closed on
Oct 26, 2000
Sold by
Mcmahan Thomas G
Bought by
Tennessee State Bank

Purchase Details

Closed on
Apr 14, 1993
Bought by
Spence Homer R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Clayton William E $101,900 --
Clayton William E $101,925 Broadway Title Inc
Finance Of America Reverse Llc $99,947 Broadway Title Inc
Finance Of America Reverse Llc $99,948 --
Tennessee State Bank -- --
Tennessee State Bank $28,871 --
Spence Homer R $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clayton William E $102,954
Closed Finance Of America Reverse Llc $102,954
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $500,000 -23.1% $310 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $650,000 +42.5% $403 / Sq Ft
04/25/2022 04/25/22 Sold $456,000 +21.6% $283 / Sq Ft
03/10/2022 03/10/22 For Sale $375,000 +78.6% $232 / Sq Ft
01/23/2020 01/23/20 Off Market $210,000 -- --
10/25/2019 10/25/19 Sold $210,000 0.0% $130 / Sq Ft
09/16/2019 09/16/19 For Sale $209,900 +105.9% $130 / Sq Ft
07/10/2017 07/10/17 Sold $101,925 -7.3% $63 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $109,900 -- $68 / Sq Ft
Source: Realtracs

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 $700 $47,325 $9,150 $38,175
2024 $700 $47,325 $9,150 $38,175
2023 $700 $47,325 $0 $0
2022 $700 $47,325 $9,150 $38,175
2021 $700 $47,325 $9,150 $38,175
2020 $364 $47,325 $9,150 $38,175
2019 $364 $19,550 $9,350 $10,200
2018 $364 $19,550 $9,350 $10,200
2017 $364 $19,550 $9,350 $10,200
2016 $500 $31,625 $9,350 $22,275
2015 -- $30,700 $0 $0
2014 $500 $30,689 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2884540

Realtracs

APN: 074-065.19