NOT LISTED FOR SALE

2308 Summer Ln Sevierville, TN 37876

Estimated Value: $477,358

1 Bed
2 Baths
1,069 Sq Ft
$447/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $470,000 $440 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,690/month

215 Days on Market

Highlights

  • Pool and Spa
  • Mountain View
  • Private Lot
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Bonus Room

About This Home

As of February 2024

Log Home with 2nd bonus room with bed in loft, new roof, privacy, large land lot, fire pit, dual porches, & Mountain Views! Gross rental income as high as $68k in 2021! Private location with land lot and lawn! This true log cabin with Appalachian chinking is one-of-a-kind on beautiful view lot near Bluff Mountain! The perfect getaway in the Smokies! You'll love the screened in porch, oversized hot tub, firepit, LVP flooring, rustic fireplace, and secondary loft bedroom with air hockey. This cabin offers the peace of nostalgic Smokies, without immediate neighbors, noise, or condominiums! Invest long term in a property with guaranteed repeat rental business, great financials, and well maintained conditions. This cabin won't last long at this price! See this cabin just miles off the Pigeon Forge Parkway today! Property has hit nearly $60k in gross rents as a star performer with its current rental program, which holds over ten years of repeat business! Invest in the Tennessee Smokies today! Purchase "At Wild Turkey" for that perfect Tennessee Getaway!

Last Agent to Sell the Property

Brian Spiezio

Mighty Peaks Realty, LLC License #274311 Listed on: 06/15/2023

Last Buyer's Agent

Karen Cubberley

Tennessee Elite Realty License #284978

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $805

Year Built

  • Built in 1987

Lot Details

  • 0.84 Acre Lot
  • Property fronts a county road
  • Private Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Log Cabin
  • Metal Roof
  • Wood Siding
  • Log Siding
  • Cedar

Interior Spaces

  • 1,069 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Bonus Room
  • Mountain Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Attic

  • Attic Fan
  • Storage In Attic

Parking

  • Private Parking
  • Driveway

Outdoor Features

  • Pool and Spa
  • Deck
  • Patio
  • Rain Gutters
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Water Purifier
  • Water Softener is Owned
  • Septic Tank
  • High Speed Internet

Community Details

  • Association fees include insurance, ground maintenance, roads
  • Hidden Mountain Association
  • Hidden Mountain Subdivision
  • On-Site Maintenance

Listing and Financial Details

  • Tax Lot 43

Home Details

Home Type

Single Family

Est. Annual Taxes

$805

Year Built

Built in 1987

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLotFeatures: Private
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: County Road
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Roads
  • Co List Office Mls Id: 16
  • Subdivision Name: Hidden Mountain
  • Above Grade Finished Sq Ft: 1069.0
  • Architectural Style: Cabin
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Location Tax and Legal Tax Lot2: 43
  • Location Tax and Legal:Tax Annual Amount: 805.0
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Lot Size Acres: 0.84
  • General Property Information Above Grade Finished Area: 1069.0
  • General Property Information Bonus Room YN2: Yes
  • 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
  • General Property Information View YN2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Cooling:Central Air: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • Levels:Two: Yes
  • Road Frontage Type County Road: Yes
  • Water Source:Well: Yes
  • Pool Features Hot Tub: Yes
  • Cooling Attic Fan: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Range, Microwave, Refrigerator, Washer, Water Purifier, Water Softener Owned
  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Soaking Tub
  • Street Number Modifier: 2308
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Electric Cooktop: Yes
  • Attic Features:Storage Only: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Water Purifier: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Metal
  • Acres: 0.84
  • View: Yes
  • Home Warranty: No
  • Construction Type: Cedar, Log, Log Siding, Wood Siding
  • Patio And Porch Features: Deck, Patio, Porch
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Patio: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Cedar: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Log Siding: Yes
  • Lot Features:Private2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Private
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Private3: Yes

Utilities

  • Cooling: Attic Fan, Central Air
  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 125.0
  • Association Fee Frequency: Quarterly
  • Association Name: Hidden Mountain
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes

Lot Info

  • Lot Size Sq Ft: 36590.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 805.0
  • Tax Lot: 43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Feb 23, 2024
Sold by
Hagy Paul M and Hagy Mary
Bought by
Craig Randall and Craig Lisha
Seller's Agent
Brian Spiezio
Mighty Peaks Realty, LLC
Buyer's Agent
Karen Cubberley
Tennessee Elite Realty
List Price
$469,000
Sold Price
$470,000
Premium/Discount to List
$1,000
0.21%
Views
81
Current Estimated Value
$477,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,358
Avg. Annual Appreciation
0.96%
Original Mortgage
$423,000
Outstanding Balance
$415,594
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$61,764

Purchase Details

Closed on
Sep 29, 2022
Sold by
Hagy Paul M and Hagy Mary
Bought by
Hagy Paul M and Hagy Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2015
Closed on
Oct 23, 2015
Sold by
Spiezio Brian P
Bought by
Hagy Paul M and Franklin Cynthia E
Seller's Agent
SHAWN SPIEZIO
Mighty Peaks Realty, LLC
Buyer's Agent
Tawnya Reilly
Century 21 Four Seasons WOD
List Price
$179,900
Sold Price
$168,900
Premium/Discount to List
-$11,000
-6.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%
Original Mortgage
$150,750
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2012
Sold by
Goodspeed-Smith Linda Bost
Bought by
Spiezio Brian P
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 Buyer Sale Price Title Company
Craig Randall $470,000 Smoky Mountain Title
Hagy Paul M $100,000 --
Hagy Paul M $168,900 --
Spiezio Brian P $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craig Randall $423,000
Previous Owner Hagy Paul M $270,000
Previous Owner Hagy Paul M $150,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2024 02/22/24 Sold $470,000 +0.2% $440 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $469,000 0.0% $439 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/15/2024 01/15/24 Price Changed $469,000 -1.3% $439 / Sq Ft
12/08/2023 12/08/23 For Sale $475,000 0.0% $444 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
11/04/2023 11/04/23 Price Changed $475,000 -0.5% $444 / Sq Ft
10/11/2023 10/11/23 Price Changed $477,500 -0.5% $447 / Sq Ft
09/15/2023 09/15/23 Price Changed $479,900 -3.8% $449 / Sq Ft
06/16/2023 06/16/23 For Sale $499,000 +195.4% $467 / Sq Ft
02/16/2021 02/16/21 Off Market $168,900 -- --
11/18/2015 11/18/15 Sold $168,900 -6.1% $131 / Sq Ft View Prior Sale
09/28/2015 09/28/15 Pending -- -- --
07/12/2015 07/12/15 For Sale $179,900 -- $140 / 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 $1,286 $86,920 $14,000 $72,920
2024 $1,286 $86,920 $14,000 $72,920
2023 $1,286 $86,920 $0 $0
2022 $804 $54,325 $8,750 $45,575
2021 $804 $54,325 $8,750 $45,575
2020 $603 $54,325 $8,750 $45,575
2019 $603 $32,425 $8,750 $23,675
2018 $603 $32,425 $8,750 $23,675
2017 $603 $32,425 $8,750 $23,675
2016 $603 $32,425 $8,750 $23,675
2015 -- $32,275 $0 $0
2014 $526 $32,287 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 257879

Great Smoky Mountains Association of REALTORS®

APN: 081L-C-033.00