NOT LISTED FOR SALE

261 Cherokee Path Way Sevierville, TN 37876

Estimated Value: $421,786

1 Bed
1 Bath
580 Sq Ft
$727/Sq Ft Est. Value

Last Sold November 16, 2022

Last sale price $425,000 $733 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,384/month

122 Days on Market

Highlights

  • Pool and Spa
  • Covered Patio or Porch
  • 1-Story Property
  • Gatlinburg Pittman High School Rated A-
  • Log Cabin
  • Central Air

About This Home

As of November 2022

PRICE DROP! Check out this investment opportunity in a great location! This cabin is located in a cabin-only neighborhood situated across the street from Soaky Mountain Water Park and less than one mile from the new Publix shopping center. Step onto the welcoming covered porch and enjoy the private wooded scenery. Right inside the front door you will be greeted with a large open ceiling. The main living space features a full sized gas log fireplace and comfortable seating for you and your guests. Adjacent to this you'll find a fully stocked kitchen with granite countertops and everything you need to entertain. Escape to the spacious bedroom for maximum relaxation! This bedroom contains a private bathroom including a large jet tub. Out the back door you will be pleasantly greeted by a large open covered porch and a private hot tub to soak in while taking in the view below. This cabin can be rented nightly or used as a permanent or vacation home. Come see it today!

Last Agent to Sell the Property

Beni Deron

TN Smoky Mtn Realty License #355808 Listed on: 06/03/2022

Last Buyer's Agent

Jeana Maddux

eXp Realty, LLC 7720 License #348719

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $572

Year Built

  • Built in 1995

Lot Details

  • Property fronts a private road
  • Property is zoned R-3

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 580 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Pool and Spa
  • Covered Patio or Porch

Utilities

  • Central Air

Community Details

  • Association fees include roads
  • Echota HOA
  • Echota Resort Subdivision

Listing and Financial Details

  • Tax Lot 038

Home Details

Home Type

Single Family

Est. Annual Taxes

$572

Year Built

Built in 1995

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Zoning: R-3
  • Reso Property Sub Type: Single Family Residence
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Reso Association Amenities: Other
  • Reso Association Fee Includes: Roads
  • Pets Allowed: Yes
  • Co List Office Mls Id: 668
  • Subdivision Name: Echota Resort
  • Above Grade Finished Sq Ft: 580.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Tax Lot2: 038
  • Location Tax and Legal:Tax Annual Amount: 571.57
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Above Grade Finished Area: 580.0
  • General Property Information Bonus Room YN2: No
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Cooling:Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Road Frontage Type:Private Road: Yes
  • Pool Features Hot Tub: Yes
  • Pets Allowed:Yes: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Street Number Modifier: 261
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Basement:Crawl Space: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Home Warranty: No
  • Construction Type: Log, Log Siding
  • Patio And Porch Features: Covered, Porch
  • Construction Materials:Log: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Log Siding: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 255.0
  • Association Fee Frequency: Annually
  • Association Name: Echota HOA
  • Association: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 571.57
  • Tax Lot: 038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Nov 11, 2022
Sold by
Cpm Properties Llc
Bought by
St Clair Tammy Sue and Haney Mark Steven
Seller's Agent
Beni Deron
TN Smoky Mtn Realty
Buyer's Agent
Jeana Maddux
eXp Realty, LLC 7720
List Price
$457,500
Sold Price
$425,000
Premium/Discount to List
-$32,500
-7.1%
Views
2
Current Estimated Value
$421,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,214
Avg. Annual Appreciation
-0.26%
Original Mortgage
$361,250
Outstanding Balance
$350,312
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$71,474

Purchase Details

Closed on
Nov 1, 1996
Sold by
Rieff Craig A
Bought by
Wayne Currie and Wayne Sara

Purchase Details

Closed on
Jun 14, 1995
Sold by
Echota Development
Bought by
Rieff Craig A

Purchase Details

Closed on
Apr 27, 1994
Bought by
Rieff Craig A

Purchase Details

Closed on
Jul 9, 1992
Bought by
Dorman Blaine C
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
St Clair Tammy Sue $425,000 Foothills Title Services Inc
Wayne Currie $141,000 --
Rieff Craig A $30,000 --
Rieff Craig A $30,000 --
Dorman Blaine C $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open St Clair Tammy Sue $361,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2023 02/19/23 Off Market $425,000 -- --
11/16/2022 11/16/22 Sold $425,000 0.0% $733 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
08/12/2022 08/12/22 Price Changed $425,000 -4.0% $733 / Sq Ft
06/30/2022 06/30/22 Price Changed $442,500 -3.3% $763 / Sq Ft
06/06/2022 06/06/22 For Sale $457,500 -- $789 / 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 $1,594 $53,840 $5,600 $48,240
2024 $1,594 $53,840 $5,600 $48,240
2023 $1,594 $53,840 $0 $0
2022 $641 $33,650 $3,500 $30,150
2021 $641 $33,650 $3,500 $30,150
2020 $572 $33,650 $3,500 $30,150
2019 $572 $24,250 $3,500 $20,750
2018 $572 $24,250 $3,500 $20,750
2017 $572 $24,250 $3,500 $20,750
2016 $526 $24,250 $3,500 $20,750
2015 -- $24,925 $0 $0
2014 $484 $24,923 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 249919

Great Smoky Mountains Association of REALTORS®

APN: 038J-A-040.00