NOT LISTED FOR SALE

2420 Sunset Rd Sevierville, TN 37862

Estimated Value: $1,189,147

3 Beds
5 Baths
4,410 Sq Ft
$270/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $1,200,000 $272 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,637/month

9 Days on Market

Highlights

  • 1.5 Acre Lot
  • Mountain View
  • Private Lot
  • Catons Chapel Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of August 2022

Incredible Investment Opportunity - Log Cabin Plus Additional Lot! Located on 2.78 private acres in a gated resort, this spacious log cabin is spread out over 3 levels and 3,700+ square feet. Featuring 3 bedrooms, plus a bonus room, 5 bathrooms, a game room, a wet bar, two living areas and two full kitchens! The expansive floor-to-ceiling, wall of windows bring the outdoors in, allowing you to enjoy the mountain views from inside the comfort of your cabin. Of course, you're going to want to enjoy the mountain view when you're outside too. And that's no problem from the oversized decks with plenty of seating, as well as a luxurious outdoor hot tub. Featuring natural elements throughout, including stunning tongue and groove walls, exposed beams, a soaring handcrafted, wood-burning fireplace and granite countertops, the cabin's interior is a showstopper! The entry level's open floor plan is the perfect gathering spot, with comfy living room furniture, a large dining table to seat 8 and a gourmet kitchen with bar seating. Two large bedroom suites can be found on the main entry level, each featuring an en-suite bathroom. Think of the cabin's lower level as a second home - after all, it does include a large living area, full kitchen, game room with wet bar, bedroom with en-suite bathroom, plus an additional full bathroom! And finally, head up to the loft level that can easily serve as an additional sitting area, plus sleeping area and includes the 5th full bathroom. Additionally, the resort offers a seasonal outdoor swimming pool. 2021 gross rental income $80K+

Last Agent to Sell the Property

Jacob Collins

Keller Williams Smoky Mountain License #346795 Listed on: 05/31/2022

Keller Williams Smoky Mountain

Co-Listed By

Melissa Langston

Keller Williams Smoky Mountain License #334886

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 1.5 Acre Lot
  • Private Lot

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 4,410 Sq Ft Home
  • Wood Burning Fireplace
  • Wood Flooring
  • Mountain Views
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Central Heating and Cooling System

Community Details

  • Shagbark Sec 7 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 103N E 016.00

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Directions: From traffic Pigeon Forge, turn at Light #3, onto Wears Valley Rd. Go 2.8 miles to a Right onto Waldens Creek Rd. Go 3 miles to a Left onto N Clear Fork Rd. Go .7 miles to a Right onto Sunset Rd. Go .3 miles to cabin on Left.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1999
  • Lot Size Acres: 1.5
  • Co List Office Phone: 865-999-8601
  • Subdivision Name: Shagbark Sec 7
  • Architectural Style: Cabin, Log
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave, Washer
  • Has Basement: Finished
  • Fireplace: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Flooring: Hardwood

Exterior Features

  • Exterior Features: Deck
  • View: Mountain View
  • Lot Features: Private
  • Construction Type: Log

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1500.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 65340.0
  • Parcel #: 103N E 016.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Aug 24, 2022
Sold by
Phipps and James
Bought by
Dg Smoky Llc
Seller's Agent
Jacob Collins
Keller Williams Smoky Mountain
Buyer's Agent
Non Member Non Member
Non-Member Office
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%
Current Estimated Value
$1,189,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,853
Avg. Annual Appreciation
-0.28%
Original Mortgage
$864,000
Outstanding Balance
$826,028
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$363,119

Purchase Details

Listed on
May 31, 2022
Closed on
Aug 22, 2022
Sold by
Evans Ronald R
Bought by
Phipps Jennifer A and Phipps James A
Seller's Agent
Jacob Collins
Keller Williams Smoky Mountain
Buyer's Agent
Non Member Non Member
Non-Member Office
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$864,000
Outstanding Balance
$826,028
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$363,119

Purchase Details

Listed on
Jan 19, 2017
Closed on
Jun 7, 2018
Sold by
Spicer James E and Spicer Shirley J
Bought by
Phipps Jennifer A and Phipps James A
Seller's Agent
Jane Terrell
Century 21 Four Seasons WOD
Buyer's Agent
Frank Heilmeier
RE/MAX Adventure Realty
List Price
$525,000
Sold Price
$430,000
Premium/Discount to List
-$95,000
-18.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.46%
Original Mortgage
$344,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2017
Sold by
Spicer James E
Bought by
Spicer James E and Spicer Shirley J

Purchase Details

Closed on
Jul 13, 2017
Sold by
Spicer James E
Bought by
Spicer James E & Shirley J Trustees

Purchase Details

Closed on
May 22, 2017
Sold by
Spicer Shirley J
Bought by
Spicer James E & Shirley J Trustees

Purchase Details

Closed on
Aug 23, 2006
Sold by
Evans Ronald R Ind & Aif
Bought by
Spicer Shirley J Trustee

Purchase Details

Closed on
Jan 7, 1999
Sold by
Dave Howell
Bought by
Ron Evans

Purchase Details

Closed on
Apr 16, 1997
Sold by
Blalock Jefferey L
Bought by
Dave Howell

Purchase Details

Closed on
Jun 18, 1993
Bought by
Blalock Jefferey L and Blalock Judy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dg Smoky Llc $1,200,000 Title Professionals
Phipps Jennifer A -- Smoky Mountain Title
Phipps Jennifer A $430,000 Smoky Mountain Title
Spicer James E -- None Available
Spicer James E -- None Available
Spicer James E & Shirley J Trustees -- --
Spicer James E -- None Available
Spicer James E & Shirley J Trustees -- --
Spicer James E -- None Available
Spicer Shirley J Trustee $619,000 --
Ron Evans $3,000 --
Dave Howell $16,000 --
Blalock Jefferey L $5,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dg Smoky Llc $864,000
Previous Owner Phipps Jennifer A $344,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2022 11/27/22 Off Market $1,200,000 -- --
08/29/2022 08/29/22 Sold $1,200,000 0.0% $272 / Sq Ft View Prior Sale
08/29/2022 08/29/22 Sold $1,200,000 -7.7% $272 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $1,300,000 0.0% $295 / Sq Ft
05/31/2022 05/31/22 For Sale $1,300,000 +202.3% $295 / Sq Ft
09/05/2019 09/05/19 Off Market $430,000 -- --
06/07/2018 06/07/18 Sold $430,000 -18.1% $116 / Sq Ft View Prior Sale
04/26/2018 04/26/18 Pending -- -- --
01/19/2017 01/19/17 For Sale $525,000 -- $141 / 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 $3,612 $244,080 $6,000 $238,080
2024 $3,612 $244,080 $6,000 $238,080
2023 $3,612 $244,080 $0 $0
2022 $2,258 $152,550 $3,750 $148,800
2021 $2,258 $152,550 $3,750 $148,800
2020 $1,519 $152,550 $3,750 $148,800
2019 $1,519 $81,650 $3,750 $77,900
2018 $1,519 $81,650 $3,750 $77,900
2017 $1,519 $81,650 $3,750 $77,900
2016 $1,519 $81,650 $3,750 $77,900
2015 -- $83,500 $0 $0
2014 $1,361 $83,509 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1193398

East Tennessee REALTORS® MLS

APN: 103N-E-016.00