NOT LISTED FOR SALE

2481 Cove Mountain Way Sevierville, TN 37862

Estimated Value: $1,431,879

4 Beds
4 Baths
4,000 Sq Ft
$358/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $1,404,500 $351 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,046/month

7 Days on Market

Highlights

  • Under Construction
  • 1.91 Acre Lot
  • No HOA
  • Gatlinburg Pittman High School Rated A-
  • Bonus Room
  • Cabin

About This Home

As of May 2022

Here's your chance to own a brand new cabin constructed by a builder that is featured in the Parade of Homes. This cabin is just minutes away from the Parkway of Pigeon Forge and many popular attractions. Cabin will include a private game room and theater room, as well as an indoor pool. Don't miss your chance at potentially earning $150K rental income. Construction set to be completed by end of January 2022. Builder to hold loan. Pictures shown are of similar cabin.

Last Agent to Sell the Property

Jay Combs

East TN-LPT Realty License #326487 Listed on: 09/22/2021

East TN-LPT Realty

Co-Listed By

Charlene Dodson

East TN-LPT Realty

Last Buyer's Agent

Julie McCoy

eXp Realty, LLC 7720 License #350996

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $229

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 1.91 Acre Lot

Home Design

  • Cabin

Interior Spaces

  • 4,000 Sq Ft Home
  • Bonus Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Cove Mtn Estate Subdivision

Listing and Financial Details

  • Tax Lot 10-B

Home Details

Home Type

Single Family

Est. Annual Taxes

$229

Year Built

Built in 2022 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Zoning: R-1
  • CoListOfficeEmail: jillianandersonrealtor@gmail.com
  • Reso Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 800
  • Co List Office Mls Id: 800
  • Subdivision Name: Cove Mtn Estate
  • Above Grade Finished Sq Ft: 4000.0
  • Architectural Style: Cabin
  • New Construction: Yes
  • Reso Property Condition: Under Construction
  • Location Tax and Legal New Construction YN: Yes
  • Location Tax and Legal Tax Lot2: 10-B
  • Location Tax and Legal:Tax Annual Amount: 228.78
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 1.91
  • General Property Information Above Grade Finished Area: 4000.0
  • 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
  • Architectural Style Cabin2: Yes
  • Property Condition:Under Construction: Yes
  • Water Source:Well: Yes
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Street Number Modifier: 2481
  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Acres: 1.91
  • Home Warranty: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 83199.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 228.78
  • Tax Lot: 10-B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2024
Sold by
Carroll Krystelle and Makariades Jason
Bought by
Cove Mountain Revocable Trust and Cove Mountain Llc
Current Estimated Value
$1,431,879

Purchase Details

Listed on
Sep 22, 2021
Closed on
May 27, 2022
Sold by
Mcnally Gary P
Bought by
Carroll Krystelle and Makariades Jason
Seller's Agent
Jay Combs
East TN-LPT Realty
Buyer's Agent
Julie McCoy
eXp Realty, LLC 7720
List Price
$1,450,000
Sold Price
$1,404,500
Premium/Discount to List
-$45,500
-3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.23%
Original Mortgage
$1,123,600
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2021
Sold by
Bollinger William J and Bollinger Teresa A
Bought by
Mcnally Gary P

Purchase Details

Closed on
Jul 28, 2016
Sold by
Mreen Robert
Bought by
Bollinger William J and Bollinger Teresa A

Purchase Details

Closed on
Oct 20, 2000
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cove Mountain Revocable Trust -- None Listed On Document
Carroll Krystelle $1,404,500 Jackson & Weier
Mcnally Gary P $105,000 Smoky Mountain Title
Bollinger William J $25,500 --
-- $36,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carroll Krystelle $1,123,600
Previous Owner Mcnally Gary P $655,737
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Off Market $1,404,500 -- --
05/27/2022 05/27/22 Sold $1,404,500 -3.1% $351 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $1,450,000 -- $363 / 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
2025 $5,805 $392,200 $19,160 $373,040
2024 $5,805 $392,200 $19,160 $373,040
2023 $5,805 $392,200 $0 $0
2022 $2,351 $11,975 $11,975 $0
2021 $177 $11,975 $11,975 $0
2020 $229 $11,975 $11,975 $0
2019 $229 $12,300 $12,300 $0
2018 $229 $12,300 $12,300 $0
2017 $229 $12,300 $12,300 $0
2016 $229 $12,300 $12,300 $0
2015 -- $12,150 $0 $0
2014 -- $12,154 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jay Combs

    East TN-LPT Realty

    Section Image

  • C

    Seller Co-Listing Agent in 2022

    Charlene Dodson

    East TN-LPT Realty

  • J

    Buyer's Agent in 2022

    Julie McCoy

    eXp Realty, LLC 7720

    (615) 568-6195

    126 in this area

    186 Total Sales

    Julie McCoy
    Section Image
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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 245146

Great Smoky Mountains Association of REALTORS®

APN: 114-085.24

Tennessee Sevier County Sevierville 37862

2481 Cove Mountain Way, Sevierville, TN

This home is located at 2481 Cove Mountain Way, Sevierville, TN 37862 since 22 September 2021 and is currently estimated at $1,431,879, approximately $357 per square foot. This property was built in 2022. 2481 Cove Mountain Way is a home located in Sevier County with nearby schools including Catons Chapel Elementary School, Northview Elementary School, and Jones Cove Elementary School.

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