V
Seller's Agent in 2021
Vickie King
Summit Real Estate,LLC
2270 Spence Mountain Loop Sevierville, TN 37876
3
Beds
2
Baths
1,933
Sq Ft
1.04
Acres
Highlights
- 1.04 Acre Lot
- Mountain View
- Contemporary Architecture
- Gatlinburg Pittman High School Rated A-
- Deck
- Private Lot
About This Home
As of July 2024Beautiful custom built 3 bedroom, 2 bath home sitting on 1.04 acres with stunning views of Mount LeConte offers hardwood flooring throughout the living room, dining room, and kitchen with carpet in the bedrooms, ceilign fans, double vanity sinks, central vac system and floor steamer included. Large master bedroom with glass enclosed tiled walk in shower. Too many extras too mention. Home is being sold fully furnished including electronics and 22KW Generac Generator. Partial wraparound deck and detached carport for 2 cars and ready for rentals or your permanent home. Home can be rented as an overnight property but has been a permanent residence. Net Rental Projections for first year are $60K. Additional lot with 2.1 acres can be purchase beside this and has been approved for up to a 5 bedroom. Plenty of room to go with the additional lot. This home is turn key ready whether you want it to be a permanent residence or choose to make it an overnight rental.
Last Agent to Sell the Property
Vickie King
Summit Real Estate,LLC License #352011 Listed on: 02/03/2021
Last Buyer's Agent
Jack Woods
Realty Executives Associates Knox License #250994
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $916
Year Built
- Built in 2003
Lot Details
- 1.04 Acre Lot
- Property fronts a county road
- Private Lot
- Wooded Lot
Home Design
- Contemporary Architecture
- Composition Roof
- Wood Siding
Interior Spaces
- 1,933 Sq Ft Home
- 1-Story Property
- Central Vacuum
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Double Pane Windows
- Window Treatments
- Living Room
- Formal Dining Room
- Utility Room
- Mountain Views
- Attic Access Panel
Kitchen
- Double Self-Cleaning Oven
- Electric Range
- Range Hood
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Dirt
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Soaking Tub
Laundry
- Dryer
- Washer
Basement
- Dirt Floor
- Crawl Space
Home Security
- Home Security System
- Fire and Smoke Detector
Parking
- Detached Carport Space
- Driveway
- Paved Parking
Accessible Home Design
- Accessibility Features
Outdoor Features
- Deck
- Patio
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Well
- Water Purifier
- Septic Tank
- Septic Permit Issued
Community Details
- No Home Owners Association
- Spence Mountain Subdivision
Listing and Financial Details
- Tax Lot /17
- Assessor Parcel Number 074065.16
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2024
Closed on
Jul 1, 2024
Sold by
Mcmahon Jessica and Tzoyohua Adan
Bought by
Collins Chelsea
List Price
$599,900
Sold Price
$597,000
Premium/Discount to List
-$2,900
-0.48%
Views
68
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,845
Avg. Annual Appreciation
-2.40%
Original Mortgage
$477,600
Outstanding Balance
$472,268
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$107,027
Purchase Details
Listed on
Feb 3, 2021
Closed on
May 7, 2021
Sold by
Schultz Paulette R and Schultz Norman R
Bought by
Mcmahon Jessica and Tzoyohua Adan
Seller's Agent
Vickie King
Summit Real Estate,LLC
Buyer's Agent
Jack Woods
Realty Executives Associates Knox
List Price
$475,000
Sold Price
$475,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$403,750
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 28, 2004
Sold by
Spence Homer R Trustee
Bought by
Schultz David M
Purchase Details
Closed on
Aug 15, 2001
Sold by
Rymer Sharon L Spence Et A
Bought by
Schultz Norman R
Purchase Details
Closed on
Sep 7, 1995
Sold by
Daniel Minich
Bought by
Schultz Norman R
Purchase Details
Closed on
Nov 30, 1989
Bought by
Spence Sharon L
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $597,000 | Smoky Mountain Title | |
| Warranty Deed | $475,000 | Professional Title | |
| Deed | $18,900 | -- | |
| Deed | $17,750 | -- | |
| Deed | $12,000 | -- | |
| Warranty Deed | $13,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $477,600 | New Conventional | |
| Previous Owner | $403,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2024 07/01/24 | Sold | $597,000 | -0.5% | $309 / Sq Ft |
| 05/31/2024 05/31/24 | Pending | -- | -- | -- |
| 02/09/2024 02/09/24 | For Sale | $599,900 | +26.3% | $310 / Sq Ft |
| 08/10/2021 08/10/21 | Off Market | $475,000 | -- | -- |
| 05/07/2021 05/07/21 | Sold | $475,000 | 0.0% | $246 / Sq Ft |
| 02/03/2021 02/03/21 | For Sale | $475,000 | -- | $246 / Sq Ft |
Source: Great Smoky Mountains Association of REALTORS®
Tax History Compared to Growth
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 | $888 | $96,040 | $11,320 | $84,720 |
| 2024 | $888 | $60,025 | $7,075 | $52,950 |
| 2023 | $888 | $60,025 | $0 | $0 |
| 2022 | $888 | $60,025 | $7,075 | $52,950 |
| 2021 | $888 | $60,025 | $7,075 | $52,950 |
| 2020 | $916 | $60,025 | $7,075 | $52,950 |
| 2019 | $916 | $49,225 | $7,200 | $42,025 |
| 2018 | $916 | $49,225 | $7,200 | $42,025 |
| 2017 | $916 | $49,225 | $7,200 | $42,025 |
| 2016 | $916 | $49,225 | $7,200 | $42,025 |
| 2015 | -- | $49,725 | $0 | $0 |
| 2014 | $810 | $49,722 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2021
Jack Woods
Realty Executives
Map
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 240376
APN: 074-065.16
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed. Copyright 2025 Great Smoky Mountains Association of REALTORS®. All rights reserved.
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