NOT LISTED FOR SALE

240 Tsali Way Sevierville, TN 37876

Estimated Value: $1,101,920

3 Beds
5 Baths
2,856 Sq Ft
$386/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $1,200,000 $420 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $6,341/month

50 Days on Market

Highlights

  • In Ground Pool
  • Landscaped Professionally
  • 3 Fireplaces
  • Gatlinburg Pittman High School Rated A-
  • Cathedral Ceiling
  • Bonus Room

About This Home

As of December 2023

Newly built in 2023, this LUXURY true log INDOOR HEATED POOL cabin is being offered for sale! 3 MASTER SUITES with private full bathrooms plus a 4TH BONUS LOFT BEDROOM with half bath. Right across the street from Soaky Mountain Water Park. Enjoy access to ALL PUBLIC UTILITIES including natural gas! ELECTRIC CAR CHARGER in the driveway. This cabin has 3 FIREPLACES, plus an outdoor firepit area with log seating. The kitchen features brick walls, custom wood shelving, a larger-than-life copper vent hood, marble farmhouse sink, and granite countertops perfectly complimented by brand new stainless steel appliances. There are personal touches everywhere you turn. Smart TVs in every room. Big cobblestone gas log fireplace and 6 RECLINING SEATS in the living room. The main floor King bedroom features a very large COPPER SOAKING TUB situated beneath a gas fireplace. Attached to this bedroom is a full bathroom with a large RIVERSTONE walk-in shower with a cascading rain shower feature and a locally made whiskey barrel sink. The upper bedroom almost mirrors the bedroom below with a second large copper soaking tub, attached full bathroom with walk-in rainfall shower, and a whiskey barrel sink. Bedroom number 3 is located on the lower level, and this one is special! Featuring white-washed walls, amazing cobblestone Opti-mist VAPOR fireplace, comfortable private seating, and an attached full bathroom with walk in shower and custom carved wooden sink. The loft bedroom provides 4 more sleeps, and adds an extra comfortable place for relaxation with direct access to the loft half bathroom. Also located on the loft is a custom-built bunk bed and board games for the kids along with a brand new WHISKEY BARREL MULTI-CADE arcade game! Step out onto the balcony for an amazing outdoor entertainment setup. This space features a HANGING SWING BED, outdoor TV, grand chandelier, and plenty of seating. We saved the best for last! No need to leave the cabin to go swimming. INDOOR HEATED SWIMMING POOL is located directly in the basement. The pool room features brick and stone walls on all sides, stamped concrete floors, a half bathroom, and a large garage style door that opens up to the grilling patio. Use the brand new Blackstone Grill to cook for the whole family! If the pool is not your style, head on out to the porch to relax in the huge 6 person hot tub! This place is as special and LUXURIOUS as it gets! Projections from professionals put this cabin making 170K GROSS RENTAL INCOME OR MORE. You have to come see it for yourself. There's nothing else out there like it!

Last Agent to Sell the Property

Beni Deron

TN Smoky Mtn Realty License #355808 Listed on: 09/14/2023

Last Buyer's Agent

Jared Sotuyo

Remax Preferred Pigeon Forge License #359284

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $114

Year Built

  • Built in 2023

Lot Details

  • 6,970 Sq Ft Lot
  • Landscaped Professionally
  • Lot Has A Rolling Slope

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Log Cabin
  • Wood Siding
  • Log Siding

Interior Spaces

  • 2,856 Sq Ft Home
  • Wired For Data
  • Cathedral Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Ventless Fireplace
  • Gas Log Fireplace
  • Stone Fireplace
  • Fireplace Features Masonry
  • Formal Dining Room
  • Bonus Room
  • Vinyl Flooring
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • Off-Street Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Tankless Water Heater
  • Internet Available

Community Details

  • Association fees include association insurance
  • Echota Cabin Resort Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 038J A 073.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$114

Year Built

Built in 2023

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Directions: From W Main St, turn right Winnfield Dunn Pkwy for 1.6 miles. Turn right onto Hardin Hills Rd for 285 ft. Slight right onto Echota Way for 0.1 miles. Turn left onto Tsali Way for 0.2 miles. The cabin will be located on the right. Sign out front.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 2023
  • Lot Size Acres: 0.16
  • Subdivision Name: Echota Cabin Resort
  • Architectural Style: Cabin, Log
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 952.0
  • General Property Description:SqFt - Down Lvl: 952.0
  • General Property Description:SqFt - 2nd Flr Lvl: 952.0
  • General Property Description:_pound_ Fireplace: 3.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Percent Basement Finished: Yes
  • Heat:Heat Pump3: Yes
  • Dining Area:Formal Dining Area: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Siding:Wood2: Yes
  • Misc Features:Wired for Internet: Yes
  • Style:Log3: Yes
  • Siding:Log2: Yes
  • Misc Features:Hot Tub: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: NewHome

Interior Features

  • Appliances: Tankless Water Heater, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Other
  • Basement YN: Yes
  • Has Basement: Finished
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, None, Stone, Masonry, Ventless, Gas Log
  • Fireplaces: 3
  • Flooring: Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island, Pantry, Eat-in Kitchen
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Fireplace:None15: Yes
  • Appliances:Gas Stove: Yes
  • Appliances:Gas Grill: Yes
  • Appliances:Tankless Wtr Htr: Yes
  • Misc Features:Island in Kitchen: Yes
  • Appliances:Other18: Yes
  • Fireplace:Stone2: Yes
  • Fireplace:Gas5: Yes
  • Fireplace:Ventless: Yes
  • Fireplace:Masonry2: Yes

Exterior Features

  • Exterior Features: Gas Grill, Prof Landscaped, Balcony
  • View: Other
  • Lot Features: Rolling Slope
  • Pool Features: Pool - Swim (Ingrnd)
  • Construction Type: Wood Siding, Log
  • Patio And Porch Features: Porch - Covered, Patio
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Prof Landscaped: Yes
  • Construction:Log: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Pool - Swim (Ingrnd): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking, Designated Parking
  • GarageParking:Designated Parking: Yes
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Security: Smoke Detector
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Natural Gas, Electric
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 255.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • Association Fee Incl:Association Ins: Yes
  • Association Fee Incl:Other20: Yes

Fee Information

  • Association Fee Includes: Other, Association Ins

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 038J A 073.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 114.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Dec 20, 2023
Sold by
Stotts William and Stotts Deni
Bought by
Tsali Way Llc
Seller's Agent
Beni Deron
TN Smoky Mtn Realty
Buyer's Agent
Jared Sotuyo
Remax Preferred Pigeon Forge
List Price
$1,399,000
Sold Price
$1,200,000
Premium/Discount to List
-$199,000
-14.22%
Views
58
Current Estimated Value
$1,101,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$98,080
Avg. Annual Appreciation
-4.63%
Original Mortgage
$960,000
Outstanding Balance
$935,525
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$166,395

Purchase Details

Closed on
Oct 28, 2020
Sold by
Belcher Nancy E
Bought by
Stotts William and Stotts Deni

Purchase Details

Closed on
Jul 9, 1992
Bought by
Dorman Blaine C
Source: Public Records

Range of Values:

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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
Tsali Way Llc $1,200,000 Foothills Title Services Inc
Stotts William $40,000 Smoky Mountain Title
Stotts William $40,000 Smoky Mountain Title
Dorman Blaine C $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsali Way Llc $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2023 12/20/23 Sold $1,200,000 -7.6% $420 / Sq Ft
11/04/2023 11/04/23 Pending -- -- --
10/13/2023 10/13/23 Price Changed $1,299,000 -5.0% $455 / Sq Ft
10/02/2023 10/02/23 Price Changed $1,368,000 -1.9% $479 / Sq Ft
09/29/2023 09/29/23 Price Changed $1,394,000 -0.4% $488 / Sq Ft
09/14/2023 09/14/23 For Sale $1,399,000 -- $490 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $5,662 $191,280 $9,600 $181,680
2024 $4,468 $191,280 $9,600 $181,680
2023 $4,468 $191,280 $0 $0
2022 $115 $6,000 $6,000 $0
2021 $115 $6,000 $6,000 $0
2020 $118 $6,000 $6,000 $0
2019 $118 $5,000 $5,000 $0
2018 $118 $5,000 $5,000 $0
2017 $118 $5,000 $5,000 $0
2016 $109 $5,000 $5,000 $0
2015 -- $8,750 $0 $0
2014 $170 $8,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1239580

East Tennessee REALTORS® MLS

APN: 038J-A-073.00