J
Seller's Agent in 2020
Jess Weston
Weichert, REALTORS- Tiger Real Estate, Morristown
2425 Promise Ln White Pine, TN 37890
Estimated Value: $432,000 - $721,343
3
Beds
3
Baths
2,240
Sq Ft
$264/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Cooling Available
- Patio
- Attached Garage
- Views
- Tile Flooring
About This Home
As of February 2023Newly renovated Cape Cod Style cabin with a MILLION DOLLAR VIEW OF DOUGLAS LAKE AND THE SMOKY MOUNTAINS!!! The Property is just a few minutes drive to Dandridge, Douglas Lake, Morristown and Newport. MAGNIFICENT VIEWS OF DOUGLAS LAKE AND THE SMOKY MOUNTAINS await you from all levels of this home. Enjoy your coffee or tea on the spacious front porch or private balcony off the Primary bedroom. Newly finished basement with beautiful epoxy floors could be used as a game room or in-law suite. This cabin is just a few miles away from both I-40 and I-81 and just a 35 minute drive to Sevierville 45 minutes to Downtown Knoxville. This would make a great vacation home or private home. Added bonus property has 6 wooded acres that could be left intact or divided up for tiny houses or cabins. Cabin generated over 65k as a Long Term Rental 2021-2022 and was added to the Short Term Vacation Rental Market with projections between 80-100k. This is an excellent investment opportunity, turnkey and ready to rent! All new appliances, furniture, HVAC, hot water tank & more! This is a must see!!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,040
Year Built
- Built in 2000
Lot Details
- 6.13
Parking
- Attached Garage
Home Design
- Cape Cod Architecture
- Frame Construction
- Vinyl Siding
Interior Spaces
- Property has 3 Levels
- Ceiling Fan
- Fire and Smoke Detector
- Property Views
- Finished Basement
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- Jefferson Co High School
Utilities
- Cooling Available
- Central Heating
Additional Features
- Patio
- 6.13 Acre Lot
Community Details
- Jp Eldridge Property Resub Subdivision
Listing and Financial Details
- Tax Lot 6r
- Assessor Parcel Number 049 01003 000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 1, 2024
Sold by
Clear Recon Llc
Bought by
Federal National Mortgage Association
Current Estimated Value
Purchase Details
Closed on
Feb 6, 2024
Sold by
Inman Savannah Marie
Bought by
Gehrman Scott Patrick
Purchase Details
Listed on
Sep 3, 2022
Closed on
Feb 14, 2023
Sold by
Voluntier Property Llc
Bought by
Gehrman Scott Patrick
List Price
$649,000
Sold Price
$599,000
Premium/Discount to List
-$50,000
-7.7%
Views
71
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.04%
Original Mortgage
$569,050
Interest Rate
6.48%
Mortgage Type
Construction
Purchase Details
Listed on
Oct 7, 2019
Closed on
Jul 17, 2020
Sold by
Fowler Gloria J
Bought by
Voluntier Properties Llc
Seller's Agent
Jess Weston
Weichert, REALTORS- Tiger Real Estate, Morristown
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$209,900
Sold Price
$180,000
Premium/Discount to List
-$29,900
-14.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.36%
Original Mortgage
$174,000
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Mar 6, 2018
Sold by
Fowler Gloria and Fowler Ervin Samuel
Bought by
Recchia Anthony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,959
Interest Rate
4.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 2, 1983
Bought by
Fowler Ervin Samuel and Fowler Gloria J
Purchase Details
Closed on
Jan 1, 1979
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Federal National Mortgage Association | $493,400 | None Listed On Document | |
| Gehrman Scott Patrick | -- | None Listed On Document | |
| Gehrman Scott Patrick | $59,900 | Lakeway Title Services | |
| Voluntier Properties Llc | $180,000 | Broadway Title Inc | |
| Recchia Anthony | $95,000 | Aspen Title & Escrow Llc | |
| Fowler Ervin Samuel | $47,500 | -- | |
| -- | $6,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gehrman Scott Patrick | $569,050 | |
| Previous Owner | Voluntier Properties Llc | $174,000 | |
| Previous Owner | Recchia Anthony | $95,959 | |
| Previous Owner | Samuel Fowler Ervin | $60,000 | |
| Previous Owner | Fowler Ervin S | $82,486 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/15/2023 02/15/23 | Sold | $599,000 | -7.7% | $267 / Sq Ft |
| 01/19/2023 01/19/23 | Pending | -- | -- | -- |
| 09/03/2022 09/03/22 | For Sale | $649,000 | +260.6% | $290 / Sq Ft |
| 07/20/2020 07/20/20 | Sold | $180,000 | -14.2% | $100 / Sq Ft |
| 02/21/2020 02/21/20 | Pending | -- | -- | -- |
| 10/07/2019 10/07/19 | For Sale | $209,900 | -- | $117 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $1,317 | $124,900 | $39,500 | $85,400 |
| 2023 | $1,317 | $57,275 | $0 | $0 |
| 2022 | $1,040 | $47,500 | $13,625 | $33,875 |
| 2021 | $1,040 | $47,500 | $13,625 | $33,875 |
| 2020 | $1,040 | $47,500 | $13,625 | $33,875 |
| 2019 | $1,040 | $47,500 | $13,625 | $33,875 |
| 2018 | $1,563 | $66,500 | $15,325 | $51,175 |
| 2017 | $1,563 | $66,500 | $15,325 | $51,175 |
| 2016 | $1,563 | $66,500 | $15,325 | $51,175 |
| 2015 | $1,563 | $66,500 | $15,325 | $51,175 |
| 2014 | $1,563 | $66,500 | $15,325 | $51,175 |
Source: Public Records
Agents Affiliated with this Home
-
-
IAN CULLEN
I
Buyer's Agent in 2020
IAN CULLEN
Tennessee Valley Appraisal Services
(423) 746-0027
3,000 Total Sales
-
N
Buyer's Agent in 2020
Non Member
Non Member - Sales
Map
Source: Realtracs
MLS Number: 2968512
APN: 049-010.03
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