$1,120,000
SOLD DEC 7, 2021

2603 Cedar Falls Way Sevierville, TN 37862

2 Beds
4.5 Baths
4,637 Sq Ft
0.64 Acres

Recently Sold

$242 Per Sq Ft

14% Below List Price

688 Days on Market

Highlights

  • Pool and Spa
  • Deck
  • Wood Flooring
  • Gatlinburg Pittman High School Rated A-
  • Cathedral Ceiling
  • Bonus Room

About This Home

As of December 2021

UPDATE: New roof has been completed on main cabin. This grand, custom-built log cabin meets elegant design to create a phenomenal 5-STAR Cedar Falls mountain estate for your future investment! Main Cabin and Guest Cabin combine for a total of over 4600 SQFT. Walk to the resort pool! Loaded GRI with steady growth and proven success for many years will make for an easy transition to your personal VRBO or property management company! The main cabin has too many features to list! Hand-hewn logs, impressively designed cathedral ceiling with wall of windows framed with river stone, custom built hearth with exquisitely detailed wood animal carvings surround the fireplace. You must see this cabin! Seller furnished the entire cabin with the finest Pottery Barn and Hooker furnishings. Rental is currently set up with main level featuring: Living room, huge cooks kitchen, eat in seating for 9, separate dining room, a private King master suite, King bedroom. Upper level of main cabin, features two more rental bedrooms, tent room for kids, twin bunks, and a huge recreational room complete with air hockey and arcade games! Guest cabin features an enormous theater room with seating for all guests, and an upstairs King suite with an additional sleeper sofa. Nothing has been omitted to make this one of the most impressive rental cabins in the area! Porches, private decks, patio entertainment, hot tub, firepit, storage building, large front and back yards for kids/pets, 2 car carport plus extra parking...the list could continue. Please call to schedule your preview today!

Last Agent to Sell the Property

Kim Hester

Prime Mountain Properties License #324675 Listed on: 11/26/2019

Last Buyer's Agent

The DeRosia Team

Smoky Mountain Real Estate Cor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,937

Year Built

  • Built in 2003

Lot Details

  • 0.64 Acre Lot

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 4,637 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Formal Dining Room
  • Bonus Room
  • Wood Flooring

Kitchen

  • <<selfCleaningOvenToken>>
  • Electric Range
  • Range Hood
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Pool and Spa
  • Deck
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1

Community Details

Overview

  • Association fees include insurance, roads, security
  • Cedar Falls HOA
  • Cedar Falls Phase 1 Subdivision

Recreation

  • Community Pool

Building Details

  • Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,937

Year Built

Built in 2003

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Security System, Smoke Detector(s)
  • Reso Association Amenities: Pool
  • Reso Association Fee Includes: Insurance, Roads, Security
  • Co List Office Mls Id: 325
  • Subdivision Name: Cedar Falls Phase 1
  • Above Grade Finished Sq Ft: 4637.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Location Tax and Legal Tax Lot2: 1
  • Location Tax and Legal:Tax Annual Amount: 1937.0
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Lot Size Acres: 0.64
  • General Property Information Above Grade Finished Area: 4637.0
  • General Property Information:Bathrooms Half: 1
  • 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
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Security Features:Smoke Detector(s): Yes
  • Water Source:Public: Yes
  • Interior Features Formal Dining: Yes
  • Security Features:Security System: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Formal Dining, Soaking Tub
  • Street Number Modifier: 2603
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Range Hood: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Metal
  • Acres: 0.64
  • Home Warranty: No
  • Construction Type: Log, Log Siding
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Log Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Attached Carport, Driveway, Paved
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Attached Carport: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 67.0
  • Association Fee Frequency: Monthly
  • Association Name: Cedar Falls HOA
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Security2: Yes

Lot Info

  • Lot Size Sq Ft: 27878.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1937.0
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2023
Sold by
Rockin Six S 332 Llc
Bought by
Rustic Luxury Getaways I Llc

Purchase Details

Listed on
Nov 26, 2019
Closed on
Dec 3, 2021
Sold by
Cook Cynthia R
Bought by
Rockin Six S 332 Llc and Rockin Six S 340 Llc
Seller's Agent
Kim Hester
Prime Mountain Properties
Buyer's Agent
The DeRosia Team
Smoky Mountain Real Estate Cor
List Price
$1,298,000
Sold Price
$1,120,000
Premium/Discount to List
-$178,000
-13.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.34%

Purchase Details

Listed on
Aug 20, 2013
Closed on
May 19, 2014
Sold by
Gray William D
Bought by
Cook Cynthia R
Seller's Agent
Cheryl Hawkins
Summit Real Estate,LLC
Buyer's Agent
Patricia Trish OWENS
Walter B Williams Realty Group
List Price
$499,500
Sold Price
$450,000
Premium/Discount to List
-$49,500
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.82%
Original Mortgage
$360,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 5, 2012
Closed on
Jul 5, 2012
Sold by
The Bank Of New York Mello
Bought by
Gray William D and Gray Virginia
Seller's Agent
Bruce Webb
Webb Properties, LLC
Buyer's Agent
Tina Parton
RECIPROCAL OFFICE
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.77%

Purchase Details

Closed on
Mar 14, 2012
Sold by
Puentes Elinor
Bought by
The Bank Of New York Mellon Tr

Purchase Details

Closed on
Mar 21, 2006
Sold by
Cedar Falls Llc
Bought by
Puentes Elinor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,100
Interest Rate
6.19%

Purchase Details

Closed on
Sep 16, 2005
Sold by
Lynch Timothy D
Bought by
Fields Gary L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $1,120,000 None Available
Warranty Deed $450,000 --
Special Warranty Deed $275,000 --
Deed $225,000 --
Deed $659,000 --
Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $975,000 New Conventional
Closed $792,000 New Conventional
Previous Owner $351,000 New Conventional
Previous Owner $360,000 New Conventional
Previous Owner $150,000 No Value Available
Previous Owner $193,100 No Value Available
Previous Owner $193,100 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 For Sale $1,650,000 +47.3% $356 / Sq Ft
03/08/2022 03/08/22 Off Market $1,120,000 -- --
12/07/2021 12/07/21 Sold $1,120,000 -13.7% $242 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $1,298,000 0.0% $280 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
04/22/2021 04/22/21 Price Changed $1,298,000 +8.3% $280 / Sq Ft
02/14/2021 02/14/21 Price Changed $1,198,000 +23.5% $258 / Sq Ft
11/17/2020 11/17/20 Price Changed $969,900 -1.0% $209 / Sq Ft
05/06/2020 05/06/20 For Sale $979,900 -12.5% $211 / Sq Ft
03/24/2020 03/24/20 Off Market $1,120,000 -- --
11/26/2019 11/26/19 For Sale $979,900 +117.8% $211 / Sq Ft
08/17/2017 08/17/17 Off Market $450,000 -- --
05/19/2014 05/19/14 Sold $450,000 -9.9% $122 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
08/20/2013 08/20/13 For Sale $499,500 +81.6% $135 / Sq Ft
06/28/2012 06/28/12 Sold $275,000 -- $70 / 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
2024 $2,758 $186,375 $10,000 $176,375
2023 $2,758 $186,375 $0 $0
2022 $2,758 $186,375 $10,000 $176,375
2021 $2,758 $186,375 $10,000 $176,375
2020 $1,937 $186,375 $10,000 $176,375
2019 $1,937 $104,150 $10,000 $94,150
2018 $1,937 $104,150 $10,000 $94,150
2017 $1,937 $104,150 $10,000 $94,150
2016 $1,937 $104,150 $10,000 $94,150
2015 -- $100,075 $0 $0
2014 $1,631 $100,081 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 225929

Great Smoky Mountains Association of REALTORS®

APN: 103F-A-001.00