$210,000
SOLD OCT 25, 2019

2243 Spence Mountain Loop Sevierville, TN 37876

2 Beds
2.5 Baths
1,613 Sq Ft
1.52 Acres

Recently Sold

$130 Per Sq Ft

12 Days on Market

Highlights

  • 1.52 Acre Lot
  • Deck
  • Private Lot
  • Gatlinburg Pittman High School Rated A-
  • Seasonal View
  • Wooded Lot

About This Home

As of October 2023

Perfect location and home that can be used as your permanent residence or as an overnight rental. Beautiful landscaped yard; lots of decking for entertaining; single garage in basement plus room for extra storage, and a screened in porch. The main floor has 1-master suites with a full bath and walk-in closet; large open great room,gas fireplace with soaring cathedral ceiling! Hugh kitchen /dine area with sunroom of back. Upstairs is another bedroom and full bath and loft area.The laundry room off kitchen with 1/2 bath. Will make someone a great perm,second ,or overnight.

Last Agent to Sell the Property

Gary Gibson

Prime Mountain Properties License #273739 Listed on: 09/16/2019

Prime Mountain Properties

Last Buyer's Agent

Deborah Krajnc

Keller Williams Alcoa

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $364

Year Built

  • Built in 1993

Lot Details

  • 1.52 Acre Lot
  • Property fronts a county road
  • Private Lot
  • Wooded Lot
  • Property is zoned A-1

Parking

  • 1 Car Garage
  • Basement Garage

Home Design

  • Country Style Home
  • Combination Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,613 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Seasonal Views
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Shed

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Spence Mountain Subdivision

Listing and Financial Details

  • Tax Lot 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$364

Year Built

Built in 1993

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1993
  • Zoning: A-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Private, Wooded
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Seasonal
  • Co List Office Mls Id: 325
  • Subdivision Name: Spence Mountain
  • Above Grade Finished Sq Ft: 1613.0
  • Architectural Style: Country
  • Fireplace: Yes
  • Unit Levels: Two
  • Reso Other Structures: Shed(s), Storage
  • Location Tax and Legal Tax Lot2: 7
  • Location Tax and Legal:Tax Annual Amount: 363.63
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Lot Size Acres: 1.52
  • General Property Information Above Grade Finished Area: 1613.0
  • General Property Information:Bathrooms Half: 1
  • General Property Information Bonus Room YN2: No
  • 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 Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • View Seasonal: Yes
  • Levels:Two: Yes
  • Road Frontage Type County Road: Yes
  • Water Source:Well: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures Storage4: Yes
  • Foundation Details Combination: Yes
  • Architectural Style Country4: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Crawl Space, Partial
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Great Room, Walk-In Closet(s)
  • Street Number Modifier: 2243
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Basement:Basement2: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Metal
  • Acres: 1.52
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Combination
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Private2: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Basement
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Basement: Yes

Utilities

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

Condo/Co-op/Association

  • Association Name: 0
  • Association: No

Lot Info

  • Lot Size Sq Ft: 66211.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 363.63
  • Tax Lot: 7

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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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 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: 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 $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: Great Smoky Mountains Association of REALTORS®

MLS Number: 224743

Great Smoky Mountains Association of REALTORS®

APN: 074-065.19