NOT LISTED FOR SALE

2551 Raccoon Hollow Way Sevierville, TN 37862

Estimated Value: $530,539

1 Bed
2 Baths
960 Sq Ft
$553/Sq Ft Est. Value

Last Sold January 28, 2019

Last sale price $250,000 $260 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,048/month

7 Days on Market

Highlights

  • Mountain View
  • Deck
  • Covered Patio or Porch
  • Gatlinburg Pittman High School Rated A-
  • Wood Flooring
  • Zoned Heating and Cooling System

About This Home

As of January 2019

Cherokee Sunset Log Cabin - Cabin sits on top of a ridge with incredible views!!! - Nice Paved roads all the way to the cabin. Cabin is on a successful rental program, and rents very well. Views are breathtaking from main and lower level. Has access to a fishing pond, and daily rate pool access.
Cabin is an overnight rental and as such has to schedule around guests.

Last Agent to Sell the Property

Ray Gaudet

Realty Executives Associates License #306599 Listed on: 12/18/2018

Realty Executives Associates

Last Buyer's Agent

Avery Carl

Bradford Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,420

Year Built

  • Built in 2003

Lot Details

  • 0.94

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Cabin
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 960 Sq Ft Home
  • Wood Burning Fireplace
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Additional Features

  • 0.94 Acre Lot
  • Zoned Heating and Cooling System

Community Details

  • Hickory Hollow Subdivision

Listing and Financial Details

  • Assessor Parcel Number 123g A 075.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,420

Year Built

Built in 2003

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Directions: Wears Valley to Happy Hollow Rd, to L on Hickory Hollow Way, to L on Raccoon Hollow Rd, Cabin on Left at corner of Hickory Patch Way
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2003
  • Lot Size Acres: 0.94
  • Lot Size: 82x478 irr
  • Subdivision Name: Hickory Hollow
  • Architectural Style: Cabin
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave
  • Has Basement: Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Other, Wood Burning
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood

Exterior Features

  • Exterior Features: Porch - Covered, Deck
  • View: Mountain View
  • Construction Type: Stone, Wood Siding

Garage/Parking

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

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 25.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 40946.0
  • Parcel #: 123g A 075.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2018
Closed on
Jan 29, 2019
Sold by
Nair Shyam K and Pillai Rekla
Bought by
Feit Joshua and Feit Margaret
Seller's Agent
Ray Gaudet
Realty Executives Associates
Buyer's Agent
Avery Carl
Bradford Real Estate
Sold Price
$250,000
Current Estimated Value
$530,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,539
Avg. Annual Appreciation
12.58%
Original Mortgage
$200,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2004
Sold by
Sherrod Donald C
Bought by
Nair Shyam K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,400
Interest Rate
5.05%

Purchase Details

Closed on
Mar 12, 2004
Sold by
Miller Gerald L
Bought by
Sherrod Donald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.62%
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
Feit Joshua -- Maryville Title Agency
Nair Shyam K $234,000 --
Sherrod Donald C $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feit Joshua $202,500
Closed Feit Joshua $200,000
Previous Owner Sherrod Donald C $23,400
Previous Owner Nair Shyam K $187,200
Previous Owner Sherrod Donald C $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Sold $250,000 -- $260 / 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
2024 $1,420 $95,920 $24,000 $71,920
2023 $1,420 $95,920 $0 $0
2022 $887 $59,950 $15,000 $44,950
2021 $887 $59,950 $15,000 $44,950
2020 $861 $59,950 $15,000 $44,950
2019 $861 $46,300 $15,000 $31,300
2018 $861 $46,300 $15,000 $31,300
2017 $861 $46,300 $15,000 $31,300
2016 $861 $46,300 $15,000 $31,300
2015 -- $49,050 $0 $0
2014 $799 $49,043 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1064723

East Tennessee REALTORS® MLS

APN: 123G-A-075.00