NOT LISTED FOR SALE

253 Cherokee Path Way Sevierville, TN 37876

Estimated Value: $419,792

2 Beds
2 Baths
1,098 Sq Ft
$382/Sq Ft Est. Value

Last Sold October 29, 2019

Last sale price $264,000 $240 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,468/month

51 Days on Market

Highlights

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

About This Home

As of October 2019

Charming 2 bedroom log cabin at the top of Echota Resort. Cabin has not been on rental and would make a great permanent home, vacation home, or investment cabin. Local management company has provided projections of $33,000 - $35,000 in gross rents annually. As soon as you open the front door you can tell that this is not your normal log cabin. The hand-carved wood door opens to a fully closed screened porch that is great for relaxing in a rocker and listening to the nature around you. From the porch area there are two different entrances into the cabin. The main level features the open living room and kitchen with cathedral ceilings along with the first bedroom and bathroom. Bedroom on the main level has a Murphy bed that can be stowed away and appears as a book case, opening up the room with plenty of space. Just off the bedroom is an enclosed area that provides additional living area with a Trundle bed. Upstairs you will find the master bedroom and bathroom that also has a private deck with a mountain view. Cabin also features a lower deck to relax on while sitting in front of the propane fire place. Newer HVAC system is a dual-fuel system that is a combination of electric and gas. Extremely efficient with very low power bills. Call today for a private showing.

Last Agent to Sell the Property

ANNIE MALONEY

Prime Mountain Properties License #297936 Listed on: 08/02/2019

Prime Mountain Properties

Last Buyer's Agent

NON-MLS NON-MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $774

Year Built

  • Built in 1995

Lot Details

  • 0.26 Acre Lot
  • Wooded Lot

Property Views

  • Mountain
  • Seasonal

Home Design

  • Log Cabin
  • Composition Roof
  • Log Siding
  • Block And Beam Construction

Interior Spaces

  • 1,098 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Bonus Room
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Association fees include insurance, roads
  • Echota Resort Association
  • Echota Resort Subdivision

Listing and Financial Details

  • Tax Lot 38

Home Details

Home Type

Single Family

Est. Annual Taxes

$774

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Wooded
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso View: Mountain(s), Seasonal
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Fee Includes: Insurance, Roads
  • Co List Office Mls Id: 325
  • Subdivision Name: Echota Resort
  • Above Grade Finished Sq Ft: 1098.0
  • Architectural Style: Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Location Tax and Legal Tax Lot2: 38
  • Location Tax and Legal:Tax Annual Amount: 774.18
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Lot Size Acres: 0.26
  • General Property Information Above Grade Finished Area: 1098.0
  • General Property Information Bonus Room YN2: Yes
  • General Property Information:Furnished: Furnished
  • 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 Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Log2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels:One and One Half: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Land Features View Mountains: Yes
  • View Seasonal: Yes
  • Water Source:Public: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Soaking Tub
  • Street Number Modifier: 253
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Roof: Composition
  • Acres: 0.26
  • View: Yes
  • Home Warranty: No
  • Construction Type: Block, Log
  • Patio And Porch Features: Deck, Porch, Screened
  • Construction Materials:Log: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Block: Yes
  • Patio And Porch Features:Screened: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Paved
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 20.83
  • Association Name: Echota Resort
  • Association: No

Association/Amenities

  • Association Fee Includes:Insurance: Yes

Lot Info

  • Lot Size Sq Ft: 11325.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 774.18
  • Tax Lot: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Oct 25, 2019
Sold by
Barnard Robert S and Barnard Evelyn I
Bought by
Sheppard Thomas J and Sheppard Lynette A
Seller's Agent
ANNIE MALONEY
Prime Mountain Properties
Buyer's Agent
NON-MLS NON-MEMBER
NON MEMBER FIRM
List Price
$267,500
Sold Price
$264,000
Premium/Discount to List
-$3,500
-1.31%
Current Estimated Value
$419,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,792
Avg. Annual Appreciation
8.12%
Original Mortgage
$198,000
Outstanding Balance
$133,694
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$286,098

Purchase Details

Closed on
Oct 30, 2015
Sold by
Duncan Stanley
Bought by
Barnard Robert S and Barnard Evelyn I

Purchase Details

Closed on
Sep 11, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Duncan Stanley

Purchase Details

Closed on
Apr 7, 2009
Sold by
Toledo Maritza
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 3, 2006
Sold by
Davis Birmingham Eugene
Bought by
Toledo Maritza M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6%

Purchase Details

Closed on
May 14, 2002
Sold by
Yoder J H J and Yoder Donetta
Bought by
Davis Birmingham Eugene

Purchase Details

Closed on
Dec 4, 2000
Sold by
Thomason John J
Bought by
Yoder J H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
7.79%

Purchase Details

Closed on
Dec 22, 1995
Sold by
Peter Medlyn
Bought by
Thomason John J

Purchase Details

Closed on
May 25, 1994
Sold by
Echota Development L P
Bought by
Peter Medlyn
Source: Public Records

Range of Values:

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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
Sheppard Thomas J $267,500 Tennessee Land Title
Barnard Robert S $139,900 --
Duncan Stanley $105,331 --
Federal Home Loan Mortgage Corporation $105,000 --
Toledo Maritza M $170,000 --
Davis Birmingham Eugene $150,000 --
Yoder J H $148,000 --
Thomason John J $138,453 --
Peter Medlyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheppard Thomas J $198,000
Previous Owner Peter Medlyn $136,000
Previous Owner Peter Medlyn $118,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2020 01/28/20 Off Market $264,000 -- --
10/29/2019 10/29/19 Sold $264,000 -1.3% $240 / Sq Ft
08/02/2019 08/02/19 For Sale $267,500 -- $244 / 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 $2,990 $101,040 $5,600 $95,440
2024 $1,870 $63,150 $3,500 $59,650
2023 $1,870 $63,150 $0 $0
2022 $1,204 $63,150 $3,500 $59,650
2021 $1,204 $63,150 $3,500 $59,650
2020 $774 $63,150 $3,500 $59,650
2019 $774 $32,875 $3,500 $29,375
2018 $774 $32,875 $3,500 $29,375
2017 $774 $32,875 $3,500 $29,375
2016 $713 $32,875 $3,500 $29,375
2015 -- $31,000 $0 $0
2014 $601 $30,997 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 223862

Great Smoky Mountains Association of REALTORS®

APN: 038J-A-038.00