NOT LISTED FOR SALE

253 Red Bud Ln Sevierville, TN 37876

Estimated Value: $428,000 - $527,875

5.63 Acres
$84,891 Price per Acre
245,243 Sq Ft Lot

Last Sold January 10, 2018

Last sale price $130,000

Est. 268% increase in value since last sale

Current estimated payment $2,608/month

52 Days on Market

Highlights

  • Barn
  • 5.63 Acre Lot
  • No HOA
  • Gatlinburg Pittman High School Rated A-
  • Mountain View
  • Separate Outdoor Workshop

About This Lot

As of January 2018

Do not drive on property without permission. Mini-Farm with adorable, custom-built Cottage and Barn (4-Car Garage/Workshop) for sale with location, convenience, and country acreage! Appointment required to view. This property consists of 5.63 rolling acres, including a year-round creek, fantastic Smoky Mountain views, and is ready for a buyer to build their dream home! Cottage consists of two rooms: one is a multipurpose room used for kitchen/dining area, living room/sleeping area, while the other is a bathroom with clawfoot tub and storage closet. Cottage features wall AC unit, attic storage, R19 insulation in ceiling and R13 in walls, luxury vinyl flooring, a 6X24 front porch, and a carport. Very well built and magazine worthy!!. You will NOT want to leave this cottage that could also be used for guests in the future. Additional information available upon request. The 24X40 Barn has two 10FT garage doors, hardy siding, metal roof, walk-out door, and is wired for electricity with concrete slab floor. Can be used for toy/tractor storage, or garage with workshop. Extensive excavating prep work has been completed for a basement home with a large driveway. Sellers have used ATV to cross bridge and small vehicle. NO vehicles permitted on bridge during showings. NO EXCEPTIONS. Make plans to view this property!

Last Agent to Sell the Property

Kim Hester

Prime Mountain Properties License #324675 Listed on: 09/29/2017

Prime Mountain Properties

Last Buyer's Agent

Kim Hester

Prime Mountain Properties License #324675 Listed on: 09/29/2017

Prime Mountain Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $235

Lot Details

  • 5.63 Acre Lot
  • Home fronts a stream
  • Partially Fenced Property
  • Level Lot

Parking

  • Garage

Utilities

  • Septic Permit Issued
  • Sewer Not Available

Additional Features

  • Mountain Views
  • Barn

Listing and Financial Details

  • Tax Lot Tr10

Community Details

Overview

  • No Home Owners Association
  • Walnut Grove Subdivision

Recreation

  • Separate Outdoor Workshop
  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$235

Lot Details

0

Listing Details

  • Property Type: Land
  • Zoning: R-1
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Gentle Sloping, Level
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Co List Office Mls Id: 325
  • Subdivision Name: Walnut Grove
  • Garage Yn: Yes
  • Reso Other Structures: Barn(s), Outbuilding, Workshop
  • Location Tax and Legal Tax Lot2: Tr10
  • Location Tax and Legal:Tax Annual Amount: 235.29
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Lot Size Acres: 5.63
  • General Property Information View YN2: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Fencing Fenced: Yes
  • Other Structures:Outbuilding: Yes
  • Other Structures:Workshop: Yes
  • Sewer None23: Yes
  • Septic ApprovedPermit:_three_ Bed: Yes
  • Fencing:Partial2: Yes
  • Other Structures:Barn(s): Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 253
  • Possible Use: Farm, Residential, Single Family

Exterior Features

  • Fencing: Fenced, Partial
  • Acres: 5.63
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Waterfront: Yes
  • Lot Features:Level: Yes
  • Lot Features:Gentle Sloping: Yes
  • Waterfront Features:Creek: Yes
  • Waterfront Features:Stream: Yes

Garage/Parking

  • General Property Information:Garage YN: Yes

Utilities

  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 245242.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 235.29
  • Tax Lot: Tr10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2021
Sold by
Simms Iii Frank G and Simms Carolyn N
Bought by
Tobin Wade A and Tobin Ashlea J
Current Estimated Value
$477,938

Purchase Details

Listed on
Sep 29, 2017
Closed on
Jan 10, 2018
Sold by
Hilbert Terry Lee and Hilbert Linda Nancy
Bought by
Simms Frank G and Simms Carolyn N
Seller's Agent
Kim Hester
Prime Mountain Properties
Buyer's Agent
Kim Hester
Prime Mountain Properties
List Price
$149,900
Sold Price
$130,000
Premium/Discount to List
-$19,900
-13.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.19%

Purchase Details

Closed on
Dec 1, 2015
Sold by
Hilbert Terry Lee
Bought by
Hilbert Terry Lee & Linda Nancy Trustees

Purchase Details

Closed on
Mar 31, 2014
Sold by
Underwood Randal D
Bought by
Hilbert Terry Lee and Hilbert Linda Nancy

Purchase Details

Closed on
Dec 8, 2009
Bought by
Underrwood Randal D and Underrwood Joy

Purchase Details

Closed on
Oct 14, 2009
Sold by
Jones Teddy
Bought by
Barnes William E
Source: Public Records

Range of Values:

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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
Tobin Wade A -- Tennessee Land Title
Simms Frank G $130,000 Smoky Mountain Title
Hilbert Terry Lee & Linda Nancy Trustees -- --
Hilbert Terry Lee $37,000 --
Underrwood Randal D $44,900 --
Barnes William E $29,700 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2019 04/10/19 Off Market $130,000 -- --
01/10/2018 01/10/18 Sold $130,000 -13.3% --
11/20/2017 11/20/17 Pending -- -- --
09/29/2017 09/29/17 For Sale $149,900 -- --
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 $1,229 $83,050 $8,775 $74,275
2024 $1,229 $83,050 $8,775 $74,275
2023 $1,229 $83,050 $0 $0
2022 $1,229 $83,050 $8,775 $74,275
2021 $1,265 $83,050 $8,775 $74,275
2020 $1,244 $85,450 $11,175 $74,275
2019 $235 $66,900 $11,600 $55,300
2018 $235 $12,650 $11,600 $1,050
2017 $235 $12,650 $11,600 $1,050
2016 $235 $12,650 $11,600 $1,050
2015 -- $12,175 $0 $0
2014 $187 $11,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 212415

Great Smoky Mountains Association of REALTORS®

APN: 040-037.37