H
Seller's Agent in 2025
Holly Roach
Real Broker
2570 Herb Ownby Way Sevierville, TN 37862
142
Acres
$21,059
Price per Acre
6,205,558
Sq Ft Lot
Highlights
- Barn
- 142.46 Acre Lot
- Mountainous Lot
- Gatlinburg Pittman High School Rated A-
- Mountain View
- Wooded Lot
About This Lot
As of October 2022Large farm situated in the heart of Wears Valley. Picturesque setting offering great views of Cove Mountain and the Great Smoky Mountains National Park. This property has many features offering sloping to ridge top, and the majority flat pasture land. The farm is within 650' of Wears Valley Road and has high visibility. Property would make a great residential development, attraction, farm, campground, or private estate, offering great views of the valley floor. Call today to set up you private tour of this wonderful property.
Property Details
Property Type
- Land
Est. Annual Taxes
- $706
Lot Details
- 142.46 Acre Lot
- Home fronts a stream
- Property fronts a county road
- Partially Fenced Property
- Level Lot
- Mountainous Lot
- Cleared Lot
- Wooded Lot
Parking
- Private Parking
- Driveway
Utilities
- Septic Needed
- Septic Permit Required
Additional Features
- Mountain Views
- Barn
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 37876
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2022
Closed on
Oct 25, 2022
Sold by
Wu Ventures I Llc
Bought by
Summit Equities Llc
Seller's Agent
David Connors
Re/Max First
Buyer's Agent
Charlene Dodson
MG Rise Real Estate Group
List Price
$4,500,000
Sold Price
$4,430,000
Premium/Discount to List
-$70,000
-1.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.71%
Original Mortgage
$2,494,100
Outstanding Balance
$2,326,448
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$2,017,665
Purchase Details
Listed on
May 19, 2021
Closed on
Aug 30, 2021
Sold by
Proffitt Billy
Bought by
Wu Ventures I Llc
Seller's Agent
Steve Lane
Keller Williams Smoky Mountain
Buyer's Agent
Gabriel Hacman
CURB Realty
List Price
$3,350,000
Sold Price
$3,000,000
Premium/Discount to List
-$350,000
-10.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.94%
Original Mortgage
$2,250,000
Interest Rate
2.1%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 12, 1998
Sold by
Herbert Ownby
Bought by
Billy Proffitt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,004,250
Interest Rate
6.86%
Purchase Details
Closed on
Apr 30, 1985
Bought by
Ownby Herbert and Ownby Ruby
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,430,000 | Tennessee Land Title | |
| Warranty Deed | $3,000,000 | Smoky Mountain Title | |
| Deed | $1,545,000 | -- | |
| Warranty Deed | $500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,494,100 | New Conventional | |
| Previous Owner | $2,250,000 | Commercial | |
| Previous Owner | $120,000 | No Value Available | |
| Previous Owner | $1,004,250 | No Value Available | |
| Previous Owner | $15,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2025 06/09/25 | Price Changed | $4,750,000 | -3.6% | -- |
| 06/02/2025 06/02/25 | Price Changed | $4,925,000 | -0.5% | -- |
| 04/24/2025 04/24/25 | Price Changed | $4,950,000 | -0.5% | -- |
| 04/03/2025 04/03/25 | Price Changed | $4,975,000 | -0.4% | -- |
| 03/13/2025 03/13/25 | Price Changed | $4,995,000 | -9.2% | -- |
| 01/09/2025 01/09/25 | For Sale | $5,500,000 | +24.2% | -- |
| 01/26/2023 01/26/23 | Off Market | $4,430,000 | -- | -- |
| 10/28/2022 10/28/22 | Sold | $4,430,000 | -1.6% | $3,516 / Sq Ft |
| 07/20/2022 07/20/22 | Pending | -- | -- | -- |
| 07/20/2022 07/20/22 | For Sale | $4,500,000 | +50.0% | $3,571 / Sq Ft |
| 11/29/2021 11/29/21 | Off Market | $3,000,000 | -- | -- |
| 08/31/2021 08/31/21 | Sold | $3,000,000 | -10.4% | $2,381 / Sq Ft |
| 06/04/2021 06/04/21 | Pending | -- | -- | -- |
| 05/19/2021 05/19/21 | For Sale | $3,350,000 | -- | $2,659 / Sq Ft |
Source: Great Smoky Mountains Association of REALTORS®
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 |
|---|---|---|---|---|
| 2024 | $3,853 | $260,350 | $260,350 | -- |
| 2023 | $3,853 | $260,350 | $0 | $0 |
| 2022 | $595 | $40,175 | $40,175 | $0 |
| 2021 | $595 | $40,175 | $40,175 | $0 |
| 2020 | $706 | $40,175 | $40,175 | $0 |
| 2019 | $706 | $37,950 | $37,950 | $0 |
| 2018 | $706 | $37,950 | $37,950 | $0 |
| 2017 | $706 | $37,950 | $37,950 | $0 |
| 2016 | $948 | $50,950 | $44,850 | $6,100 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | $755 | $46,343 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
D
Seller's Agent in 2022
David Connors
RE/MAX
-
C
Buyer's Agent in 2022
Charlene Dodson
MG Rise Real Estate Group
-
S
Seller's Agent in 2021
Steve Lane
Keller Williams Smoky Mountain
-
G
Buyer's Agent in 2021
Gabriel Hacman
CURB Realty
Map
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 242612
APN: 114-061.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed. Copyright 2025 Great Smoky Mountains Association of REALTORS®. All rights reserved.
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