NOT LISTED FOR SALE

264 Sonshine Ridge Rd Cosby, TN 37722

Estimated Value: $232,000 - $383,496

1.01 Acres
$308,291 Price per Acre
43,996 Sq Ft Lot

Last Sold August 28, 2023

Last sale price $359,900

Est. 13% decrease in value since last sale

Current estimated payment $1,702/month

11 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Level Lot

About This Lot

As of August 2023

Unmatched, Uninterrupted 360 degree Views of The Great Smoky Mtn National Park & Cherokee Forest! This mountain top acre is ready to build on! Perfect for your Dream Home or Epic Vacation Rental! Water Well, 3 Bedroom Septic System & Electricity all new and on-site! Easy cut driveway right off Sonshine Ridge Rd! Lot 24 is amongst an Exclusive Subdivision with No HOA! Just minutes to the Park Entrance and only 24 minutes to Gatlinburg! This property checks all the boxes! Photos were taken from ground level! Two photo sessions, just days apart, showcase the constantly changing scenery! Schedule your Private Showing Today!

Last Agent to Sell the Property

Krista DeCarmine

TN Smoky Mtn Realty License #314542 Listed on: 06/29/2023

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM License #105

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $517

Lot Details

  • 1.01 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Cleared Lot

Property Views

  • Mountain Views

Utilities

  • Well
  • Septic Tank
  • Septic Permit Issued
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Association fees include roads
  • See Addendum Association
  • Sonshine Ridge Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 119 139.24

Property Details

Property Type

Land

Est. Annual Taxes

$517

Lot Details

0

Listing Details

  • Property Type: Land
  • Zoning: R-1
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared, Gentle Sloping, Level
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Reso Association Fee Includes: Roads
  • Co List Office Mls Id: 668
  • Subdivision Name: Sonshine Ridge
  • Location Tax and Legal Parcel Number2: 119 139.24
  • Location Tax and Legal Tax Lot2: 24
  • Location Tax and Legal:Tax Annual Amount: 516.85
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Lot Size Acres: 1.01
  • General Property Information View YN2: Yes
  • Land Features View Mountains: Yes
  • Water Source:Well: Yes
  • Road Frontage Type:Private Road: Yes
  • Sewer None23: Yes
  • Septic ApprovedPermit:_three_ Bed: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 264
  • Possible Use: Residential, Single Family

Exterior Features

  • Acres: 1.01
  • View: Yes
  • Lot Features:Level: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Gentle Sloping: Yes

Utilities

  • Sewer: Septic Tank, None
  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Name: See Addendum
  • Association: No

Lot Info

  • Lot Size Sq Ft: 43995.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 119 139.24
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 516.85
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2024
Sold by
Carulla David
Bought by
Carulla David Jason and Carulla Nick
Current Estimated Value
$311,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$753,000
Outstanding Balance
$742,273
Interest Rate
7.13%
Mortgage Type
Construction
Estimated Equity
-$400,206

Purchase Details

Listed on
Jun 29, 2023
Closed on
Aug 28, 2023
Sold by
Koster Jamie L and Koster Raye R
Bought by
Berg Bridget
Seller's Agent
Krista DeCarmine
TN Smoky Mtn Realty
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$359,900
Sold Price
$359,900
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.44%
Original Mortgage
$218,900
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2023
Closed on
Aug 25, 2023
Sold by
Jabaay Aaron and Jabaay Dana
Bought by
Hatfield-Reagan Timothy J
Seller's Agent
Krista DeCarmine
TN Smoky Mtn Realty
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$359,900
Sold Price
$359,900
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,900
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2023
Closed on
Aug 24, 2023
Sold by
Cosby Run Llc
Bought by
Carulla David
Seller's Agent
Krista DeCarmine
TN Smoky Mtn Realty
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$359,900
Sold Price
$359,900
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,900
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2023
Closed on
Aug 16, 2023
Sold by
Us Bank National Association
Bought by
Vajda Jayson and Vajda Laura
Seller's Agent
Krista DeCarmine
TN Smoky Mtn Realty
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$359,900
Sold Price
$359,900
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,900
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2018
Sold by
Holt Fred M and Holt Vicki V
Bought by
Cosby Run Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.43%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 20, 2009
Sold by
Greenwood Grant L
Bought by
Holt Fred M

Purchase Details

Closed on
Jan 23, 2006
Sold by
Williams Deborah K
Bought by
Greenwood Grant L

Purchase Details

Closed on
Nov 15, 2004
Bought by
Etvir William Deborah and Etvir Sandra Schults
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
Carulla David Jason -- None Listed On Document
Berg Bridget $100,000 None Listed On Document
Hatfield-Reagan Timothy J $172,000 Colonial Title Group
Carulla David $359,900 Smoky Mountain Title
Vajda Jayson $190,000 Tennessee Land Title
Cosby Run Llc $110,000 None Available
Holt Fred M $55,000 --
Greenwood Grant L $140,000 --
Etvir William Deborah $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carulla David Jason $753,000
Previous Owner Berg Bridget $218,900
Previous Owner Carulla David $255,000
Previous Owner Cosby Run Llc $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2023 09/24/23 Off Market $359,900 -- --
08/28/2023 08/28/23 Sold $359,900 0.0% --
07/11/2023 07/11/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $359,900 -- --
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
2024 $516 $20,150 $20,150 $0
2023 $516 $20,150 $20,150 $0
2022 $517 $20,150 $20,150 $0
2021 $517 $20,150 $20,150 $0
2020 $517 $20,150 $20,150 $0
2019 $316 $11,175 $11,175 $0
2018 $316 $11,175 $11,175 $0
2017 $324 $11,175 $11,175 $0
2016 $289 $11,175 $11,175 $0
2015 $335 $11,175 $11,175 $0
2014 $335 $11,175 $11,175 $0
2013 $335 $13,975 $13,975 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 258058

Great Smoky Mountains Association of REALTORS®

APN: 119-139.24