NOT LISTED FOR SALE

2322 Shady Creek Way Sevierville, TN 37862

Estimated Value: $912,400

3 Beds
3 Baths
2,604 Sq Ft
$350/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $650,000 $250 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,161/month

1 Day on Market

Highlights

  • 1.63 Acre Lot
  • Deck
  • Ranch Style House
  • Gatlinburg Pittman High School Rated A-
  • Wooded Lot
  • Bonus Room

About This Home

As of June 2022

Often requested rarely found...a good value property in a great location with an opportunity to create equity. This may be the one, it was a long term rental for many years and is now available for purchase. Home will need updated with new floorcovering, paint, etc, but what a great location. Large ranch with 3 bedrooms, 3 baths, and two living spaces, den/office, two car oversized garage that could be converted into a game room or use your imagination. Log sided ranch with easy access offers numerous possibilities. Update into a beautiful permanent home, vacation home or short term rental. The location is in an area of super rental potential as its only 5 miles from the Parkway in Pigeon Forge. Located next to the highly desirable Dogwood Farms. The home is in need of updating such as paint, floorcovering, etc and is being priced accordingly. The home does have an updated HVAC unit. The home is being offered as is with no repairs or concessions. As an added bonus the adjoining lot (lot 30, parcel 002.00, 0.56 acres) is being included in the sale. These type opportunities do not come along very frequently and its definitely worth a look. Home does have utility water.

Last Agent to Sell the Property

Harold Ellison

Re/Max Cove Mountain Realty License #308509 Listed on: 05/03/2022

Last Buyer's Agent

Greg Korlin

Century 21 MVP License #324858

Century 21 MVP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $983

Year Built

  • Built in 1995

Lot Details

  • 1.63 Acre Lot
  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Log Siding

Interior Spaces

  • 2,604 Sq Ft Home
  • Fireplace Features Masonry
  • Great Room
  • Bonus Room
  • Crawl Space
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Community Details

  • Hillside Hideaway Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$983

Year Built

Built in 1995

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Wooded
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 24
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 2604.0
  • Architectural Style: Ranch
  • Fireplace: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Tax Lot2: .
  • Location Tax and Legal:Tax Annual Amount: 983.01
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 1.63
  • General Property Information Above Grade Finished Area: 2604.0
  • General Property Information Bonus Room YN2: Yes
  • 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
  • Roof:Composition: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Architectural Style Ranch2: Yes
  • Road Frontage Type:Private Road: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Great Room
  • Street Number Modifier: 2322
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Masonry: Yes

Exterior Features

  • Roof: Composition
  • Acres: 1.63
  • Home Warranty: No
  • Construction Type: Frame, Log Siding
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Log Siding: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Private
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Private3: Yes

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating: Central
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 450.0
  • Association Fee Frequency: Annually
  • Association Name: Hillside Hideaway
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 71002.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 983.01
  • Tax Lot: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jun 28, 2022
Sold by
Smilde John A and Smilde Christine A
Bought by
Capital Investment Partners Llc
Seller's Agent
Harold Ellison
Re/Max Cove Mountain Realty
Buyer's Agent
Greg Korlin
Century 21 MVP
List Price
$575,000
Sold Price
$650,000
Premium/Discount to List
$75,000
13.04%
Current Estimated Value
$912,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,400
Avg. Annual Appreciation
4.15%
Original Mortgage
$770,782
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 3, 2001
Bought by
Smilde John and Smilde Christine A

Purchase Details

Closed on
Mar 17, 1992
Bought by
Woodard Wesley L and Woodard Dolores
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 Buyer Sale Price Title Company
Capital Investment Partners Llc $650,000 Superior Title & Escrow
Smilde John $110,000 --
Woodard Wesley L $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capital Investment Partners Ll $937,500
Closed Capital Investment Partners Llc $770,782
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2022 09/27/22 Off Market $650,000 -- --
06/28/2022 06/28/22 Sold $650,000 +13.0% $250 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $575,000 -- $221 / 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
2024 $1,008 $68,075 $8,575 $59,500
2023 $1,008 $68,075 $0 $0
2022 $1,008 $68,075 $8,575 $59,500
2021 $1,008 $68,075 $8,575 $59,500
2020 $1,012 $68,075 $8,575 $59,500
2019 $983 $52,850 $8,800 $44,050
2018 $983 $52,850 $8,800 $44,050
2017 $983 $52,850 $8,800 $44,050
2016 $983 $52,850 $8,800 $44,050
2015 -- $54,750 $0 $0
2014 -- $54,749 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 249114

Great Smoky Mountains Association of REALTORS®

APN: 104-131.03