$875,000
SOLD OCT 12, 2020

2414 Walnut Cove Way Sevierville, TN 37862

5 Beds
5 Baths
4,654 Sq Ft
1.62 Acres

Recently Sold

$188 Per Sq Ft

8% Below List Price

78 Days on Market

Highlights

  • Pool and Spa
  • 1.62 Acre Lot
  • Deck
  • Gatlinburg Pittman High School Rated A-
  • Mountain View
  • Cathedral Ceiling

About This Home

As of May 2023

Escape to a time and place where family is at the forefront and the concerns of the wider world melt away. Constructed in 2003 by Clifford Loveday of Loveday Builders, this magnificent log home was custom designed and features a superior build. The home was constructed using solid, round stacked logs instead of the common frame with log siding. Conceptualized as a retreat with spaces that promote togetherness the design features an extended great room and five bedrooms, all with sweeping mountain views, to comfortably accommodate up to 18 people. The effectiveness of the design is also highlighted by the home's successful history as a rental property. As you approach via the long drive, enjoy a fantastic location very close to Smoky Mountain National Park.

Last Agent to Sell the Property

Ryan Coleman

Hometown Realty LLC License #322312 Listed on: 06/12/2020

Last Buyer's Agent

Rebecca Sparks

ReMax Preferred Properties, In License #344760

ReMax Preferred Properties, In

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,116

Year Built

  • Built in 2003

Lot Details

  • 1.62 Acre Lot
  • Property fronts a county road

Home Design

  • Log Cabin
  • Composition Roof
  • Log Siding

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Great Room
  • Bonus Room
  • Wood Flooring
  • Mountain Views
  • Washer and Electric Dryer Hookup
  • Finished Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Parking

  • Private Parking
  • Driveway

Outdoor Features

  • Pool and Spa
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 16-R

Community Details

Overview

  • No Home Owners Association
  • Dogwood Farms Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,116

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Zoning: Residential
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Reso Association Amenities: Pool, Other
  • Co List Office Mls Id: 558
  • Subdivision Name: Dogwood Farms
  • Above Grade Finished Sq Ft: 3112.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Location Tax and Legal Tax Lot2: 16-R
  • Location Tax and Legal:Tax Annual Amount: 2116.2
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 1.62
  • General Property Information Above Grade Finished Area: 3112.0
  • General Property Information Below Grade Finished Area: 1542.0
  • 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
  • General Property Information View YN2: Yes
  • Appliances Disposal: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Land Features View Mountains: Yes
  • Road Frontage Type County Road: Yes
  • Levels Three Or More: Yes
  • Water Source:Well: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Great Room, High Speed Internet, Walk-In Closet(s)
  • Street Number Modifier: 2414
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1542.0
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Fireplaces Total: 2
  • Fireplace Features:Gas Starter: Yes

Exterior Features

  • Roof: Composition
  • Acres: 1.62
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log
  • Patio And Porch Features: Deck, Patio
  • Construction Materials:Log: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Patio: 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: 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: No

Lot Info

  • Lot Size Sq Ft: 70567.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2116.2
  • Tax Lot: 16-R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
May 26, 2023
Sold by
Ward Janet F and Ward Walter D
Bought by
Ward Janet F
Seller's Agent
TAMMY FRANKLIN
Franklin Realty, Inc
Buyer's Agent
TAMMY FRANKLIN
Franklin Realty, Inc
List Price
$1,875,000
Sold Price
$1,400,000
Premium/Discount to List
-$475,000
-25.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$1,025,813
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2021
Sold by
Jakacki Becky and Jakacki Brian
Bought by
Jakacki Becky

Purchase Details

Listed on
Jun 12, 2020
Closed on
Oct 8, 2020
Sold by
Tharp Morgan E and Tharp Jenny L
Bought by
Jakacki Becky and Jakacki Brian
Seller's Agent
Ryan Coleman
Hometown Realty LLC
Buyer's Agent
Rebecca Sparks
ReMax Preferred Properties, In
List Price
$949,999
Sold Price
$875,000
Premium/Discount to List
-$74,999
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2002
Sold by
Ray Beard Don and Ray Carol R
Bought by
Tharp Morgan E

Purchase Details

Closed on
Jun 20, 2000
Sold by
Lots Inc
Bought by
Beard Don R
Source: Public Records

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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
Quit Claim Deed -- Smoky Mountain Title
Warranty Deed $1,400,000 Smoky Mountain Title
Interfamily Deed Transfer -- Heritage Title Agency Inc
Warranty Deed $875,000 Heritage Title Agency Inc
Warranty Deed $36,000 --
Warranty Deed $32,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,050,000 New Conventional
Previous Owner $700,000 Purchase Money Mortgage
Previous Owner $174,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Price Changed $1,690,000 -5.6% $400 / Sq Ft
05/16/2025 05/16/25 For Sale $1,790,000 -4.5% $423 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $1,875,000 +33.9% $464 / Sq Ft
05/26/2023 05/26/23 Sold $1,400,000 0.0% $347 / Sq Ft
05/26/2023 05/26/23 Sold $1,400,000 -20.0% $347 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/21/2023 04/21/23 Price Changed $1,750,000 -6.7% $433 / Sq Ft
03/05/2023 03/05/23 For Sale $1,875,000 +114.3% $464 / Sq Ft
01/13/2021 01/13/21 Off Market $875,000 -- --
10/12/2020 10/12/20 Sold $875,000 0.0% $217 / Sq Ft
10/12/2020 10/12/20 Sold $875,000 -3.8% $188 / Sq Ft
07/27/2020 07/27/20 Price Changed $910,000 -4.2% $196 / Sq Ft
06/12/2020 06/12/20 For Sale $949,999 -- $204 / 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 $4,617 $194,975 $17,500 $177,475
2023 $4,617 $194,975 $0 $0
2022 $2,886 $194,975 $17,500 $177,475
2021 $2,886 $194,975 $17,500 $177,475
2020 $2,116 $194,975 $17,500 $177,475
2019 $2,116 $113,775 $17,500 $96,275
2018 $2,116 $113,775 $17,500 $96,275
2017 $2,116 $113,775 $17,500 $96,275
2016 $2,116 $113,775 $17,500 $96,275
2015 -- $117,600 $0 $0
2014 $1,917 $117,598 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 228709

Great Smoky Mountains Association of REALTORS®

APN: 114D-B-017.00