NOT LISTED FOR SALE

2425 Majestic View Way Sevierville, TN 37862

Estimated Value: $1,712,475

3 Beds
4 Baths
4,919 Sq Ft
$348/Sq Ft Est. Value

Last Sold May 09, 2023

Last sale price $1,730,000 $352 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $9,571/month

Highlights

  • Spa
  • Mountain View
  • Cathedral Ceiling
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of May 2023

Great Smokey Mountains custom built log home. This 3 Br 4 Ba cabin currently set up as a vacation rental has a projected gross income of up to $235K a year. This home features an entry that greets you with open vaulted tongue & grove ceiling with round log beams. Large main kitchen great for entertaining large family gatherings and 2nd kitchen down. Stacked stone fireplace and picture windows to take in the majestic mountain view. Enjoy the outdoors from the covered wraparound porches that over look Pigeon Forge.

Last Agent to Sell the Property

Laura Bailey

The Bailey Group, Realty Executives License #217619 Listed on: 02/25/2023

The Bailey Group, Realty Executives

Last Buyer's Agent

Charity Brown

Tennessee Elite Realty License #296337

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,879

Year Built

  • Built in 2007

Lot Details

  • 0.68 Acre Lot
  • Lot Has A Rolling Slope

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 4,919 Sq Ft Home
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Stone Fireplace
  • Drapes & Rods
  • Breakfast Room
  • Open Floorplan
  • Bonus Room
  • Mountain Views
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Standby Generator

Outdoor Features

  • Spa
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Power Generator
  • Well
  • Septic Tank

Community Details

  • Association fees include association insurance
  • Dogwood Farms Phase V Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 114DB004.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,879

Year Built

Built in 2007

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Directions: I-40 E to exit 407, R/Winfield Dunn Pkwy Tn 66, contine on Forks of The River, R/ Sharon Dr, L/Willa, R/Pine Mountian, R/Little Cove, L/Bench Mountain , R/Bench Mountian, L/Walnut Ridge, L/Magestic View Way
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2007
  • Lot Size Acres: 0.68
  • Lot Size: 528.93x228.60 irr
  • Subdivision Name: Dogwood Farms Phase V
  • Architectural Style: Log
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • View:Mountain View: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1892.0
  • General Property Description:SqFt - Down Lvl: 1892.0
  • General Property Description:SqFt - 2nd Flr Lvl: 1135.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Percent Basement Finished: Yes
  • Floors:Tile2: Yes
  • Heat:Heat Pump3: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Misc Features:Drapes: Yes
  • Dining Area:Breakfast Room2: Yes
  • Style:Log3: Yes
  • Siding:Log2: Yes
  • Misc Features:Hot Tub: Yes
  • Special Features: None

Interior Features

  • Appliances: Backup Generator, Dishwasher, Dryer, Refrigerator, Microwave, Washer
  • Has Basement: Finished
  • Fireplace: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Stone, Gas Log
  • Fireplaces: 1
  • Flooring: Hardwood, Vinyl, Tile
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Fireplace:Stone2: Yes
  • Appliances:Backup Generator: Yes

Exterior Features

  • Exterior Features: Patio, Porch - Covered, Deck
  • View: Mountain View
  • Lot Features: Rolling Slope
  • Construction Type: Log
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Patio: Yes
  • Construction:Log: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Propane, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee: 450.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • Association Fee Incl:Association Ins: Yes

Fee Information

  • Association Fee Includes: Association Ins

Lot Info

  • Lot Size Sq Ft: 29620.8
  • Parcel #: 114DB004.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2023
Closed on
May 8, 2023
Sold by
Sanchez Holdings Llc
Bought by
Wurth Holdings-Tn Llc
Seller's Agent
Laura Bailey
The Bailey Group, Realty Executives
Buyer's Agent
Charity Brown
Tennessee Elite Realty
List Price
$1,800,000
Sold Price
$1,730,000
Premium/Discount to List
-$70,000
-3.89%
Views
20
Current Estimated Value
$1,712,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,525
Avg. Annual Appreciation
-0.42%
Original Mortgage
$1,400,000
Outstanding Balance
$1,344,002
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$368,892

Purchase Details

Listed on
Apr 2, 2022
Closed on
Nov 4, 2022
Sold by
Jomama Investments-Tennessee Llc
Bought by
Sanchez Holdings Llc
Seller's Agent
Cassie Clabough
Monarch Realty LLC
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$2,195,000
Sold Price
$1,750,000
Premium/Discount to List
-$445,000
-20.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.27%
Original Mortgage
$1,400,000
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Listed on
May 26, 2020
Closed on
Oct 1, 2020
Sold by
Tampa Ray Llc
Bought by
Jomama Investments Tennessee Llc
Seller's Agent
Fran Troxler
East Tennessee Realty Group
Buyer's Agent
Cassie Clabough
Monarch Realty LLC
List Price
$995,000
Sold Price
$995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.85%

Purchase Details

Listed on
Feb 4, 2017
Closed on
Sep 29, 2017
Sold by
Davis John R and Davis Carole D
Bought by
Tml Of Tampa Bay Llc
Seller's Agent
Fran Troxler
East Tennessee Realty Group
Buyer's Agent
Fran Troxler
East Tennessee Realty Group
List Price
$949,000
Sold Price
$902,000
Premium/Discount to List
-$47,000
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.31%

Purchase Details

Closed on
Jun 27, 2005
Sold by
Holt Sue L
Bought by
Davis John R

Purchase Details

Closed on
Sep 10, 2003
Sold by
Miller Gerald L and Miller Karen L
Bought by
Holt Sue L

Purchase Details

Closed on
Jun 25, 2003
Sold by
Trigo Joseph S and Trigo Linda M
Bought by
Miller Gerald L

Purchase Details

Closed on
Nov 30, 1998
Sold by
Lots Inc
Bought by
Trigo Joseph S
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wurth Holdings-Tn Llc $1,730,000 Smoky Mountain Title
Sanchez Holdings Llc $1,750,000 Maryville Title
Jomama Investments Tennessee Llc $995,000 None Available
Tml Of Tampa Bay Llc $902,000 Smoky Mountain Title
Davis John R $145,000 --
Holt Sue L $102,500 --
Miller Gerald L $75,000 --
Trigo Joseph S $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wurth Holdings-Tn Llc $1,400,000
Previous Owner Sanchez Holdings Llc $1,400,000
Previous Owner Davis John R $417,000
Previous Owner Davis John R $417,000
Previous Owner Davis John R $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2023 05/09/23 Sold $1,730,000 -3.9% $352 / Sq Ft
04/08/2023 04/08/23 Pending -- -- --
02/25/2023 02/25/23 For Sale $1,800,000 +2.9% $366 / Sq Ft
02/07/2023 02/07/23 Off Market $1,750,000 -- --
11/07/2022 11/07/22 Sold $1,750,000 -7.7% $356 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/20/2022 09/20/22 Price Changed $1,895,000 -5.2% $385 / Sq Ft
04/29/2022 04/29/22 Price Changed $1,999,999 -8.9% $407 / Sq Ft
04/12/2022 04/12/22 For Sale $2,195,000 +120.6% $446 / Sq Ft
12/31/2020 12/31/20 Off Market $995,000 -- --
10/01/2020 10/01/20 Sold $995,000 0.0% $202 / Sq Ft
05/26/2020 05/26/20 For Sale $995,000 +10.3% $202 / Sq Ft
12/26/2018 12/26/18 Off Market $902,000 -- --
09/27/2017 09/27/17 Sold $902,000 -5.0% $183 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
02/04/2017 02/04/17 For Sale $949,000 -- $193 / 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 $5,879 $397,200 $48,000 $349,200
2024 $5,879 $397,200 $48,000 $349,200
2023 $5,879 $397,200 $0 $0
2022 $3,674 $248,250 $30,000 $218,250
2021 $3,674 $248,250 $30,000 $218,250
2020 $3,513 $248,250 $30,000 $218,250
2019 $3,513 $188,875 $30,000 $158,875
2018 $2,743 $147,475 $30,000 $117,475
2017 $2,743 $147,475 $30,000 $117,475
2016 $2,743 $147,475 $30,000 $117,475
2015 -- $154,875 $0 $0
2014 $2,524 $154,863 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1219065

East Tennessee REALTORS® MLS

APN: 114D-B-004.00