$101,925
SOLD JUL 10, 2017

2243 Spence Mountain Loop Sevierville, TN 37876

2 Beds
2.5 Baths
1,613 Sq Ft
1.52 Acres

Recently Sold

$63 Per Sq Ft

7% Below List Price

14 Days on Market

Highlights

  • 1.52 Acre Lot
  • Deck
  • No HOA
  • Gatlinburg Pittman High School Rated A-
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of October 2023

This spacious 1613 square foot 2 bed 2.5 bath home sits on over 1.5 acres of wooded land. Both of the bed rooms feature large private bathrooms with there own entrances out onto the over sized deck where you can entertain or cook diner while watching the squirrels play. The living room features cathedral ceilings and a fireplace that enters into a large kitchen with eat in dining room.All information taken from tax records buyer to verify.

Last Agent to Sell the Property

Andy Bolger

Weichert, REALTORS - Tiger Real Estate License #329149 Listed on: 05/09/2017

Co-Listed By

Tony Thomas

Weichert, REALTORS- Tiger Real Estate, Morristown

Last Buyer's Agent

Non Member

Non Member - Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $588

Year Built

  • Built in 1993

Lot Details

  • 1.52 Acre Lot
  • Wooded Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 1,613 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Basement
  • Crawl Space

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck
  • Covered Patio or Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 065.19

Home Details

Home Type

Single Family

Est. Annual Taxes

$588

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 1993
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.52
  • Lot Size: IRR/IRR/IRR/IRR
  • Subdivision Name: None
  • Directions: From Sevierville take 411 to a right on Pitman Center rd. turn left onto Red Bank. Follow red bank to a left on Spence mountain rd. at fork go right or left makes a big loop. See sign.
  • Above Grade Finished Sq Ft: 2016.0
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 588.23
  • Location Tax and Legal:Tax Year2: 2016
  • Location Tax and Legal:Parcel Number2: 065.19
  • General Property Information:Lot Size Acres: 1.52
  • General Property Information:Lot Size Dimensions: IRR/IRR/IRR/IRR
  • General Property Information:Waterfront YN: No
  • General Property Information:Bathrooms Half: 1
  • General Property Information:Living Area2: 1613.0
  • General Property Information:Above Grade Finished Area: 2016.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: Yes
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Roof:Shingle: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Vinyl: Yes
  • Levels:Two: Yes
  • Flooring:Laminate: Yes
  • Laundry Features:Laundry Room: Yes
  • Special Listing Conditions:In Foreclosure: Yes
  • Special Features: 1028

Interior Features

  • Flooring: Laminate, Vinyl
  • Basement: Crawl Space
  • Levels: Two
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1613.0
  • Fireplace Features:Fireplaces Total: 1
  • Basement:Crawl Space: Yes
  • Fireplace Features:Living Room: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Wooded
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Asphalt
  • Patio And Porch Features: Covered, Deck, Porch
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Garage Yn: No
  • General Property Information:Garage YN: No
  • General Property Information:Carport YN: No
  • Parking Features:Asphalt: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 66211.2
  • Parcel #: 065.19
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 588.23
  • Tax Map Number: 074
  • Tax Year: 2016

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:

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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 Type Sale Price Title Company
Warranty Deed $101,900 --
Special Warranty Deed $101,925 Broadway Title Inc
Trustee Deed $99,947 Broadway Title Inc
Trustee Deed $99,948 --
Deed -- --
Deed $28,871 --
Warranty Deed $7,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $102,954 New Conventional
Closed $102,954 New Conventional
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: Lakeway Area 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 $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

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 573161

Lakeway Area Association of REALTORS®

APN: 074-065.19