NOT LISTED FOR SALE

2688 Possum Ridge Way Sevierville, TN 37862

Estimated Value: $559,049

2 Beds
2 Baths
1,346 Sq Ft
$415/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $220,000 $163 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $3,025/month

55 Days on Market

Highlights

  • Mountain View
  • Deck
  • Wooded Lot
  • Gatlinburg Pittman High School Rated A-
  • Private Lot
  • Cathedral Ceiling

About This Home

As of April 2018

Awesome True Log Cabin in Wears Valley over looking small mountain lake. Owners have taken exceptional care of the property and used as permanent residence for the past 5 years. From New Roof,Fenced in dog run,Hand stained outside,or manicure yard.The Hand Hewn logs and beams make you feel like you have stepped back into another time with still having today's amenities,3 zoned h/a,soaring ceiling,gleaming wood floors,beautiful custom kitchen,stone wood burning fireplace and more.Relax on front porch overlooking lake or lounge on back deck and watch wildlife all around your property.Very quiet neighborhood with great mixture of perms and rental cabins..Cabin would make a great second or rental cabin if desired. Very convenient to National Park, Pigeon Forge,and Townsend.

Last Agent to Sell the Property

Gary Gibson

Prime Mountain Properties License #273739 Listed on: 01/26/2018

Prime Mountain Properties

Last Buyer's Agent

Fran Troxler

East Tennessee Realty Group License #276980

East Tennessee Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $841

Year Built

  • Built in 1995

Lot Details

  • 0.91 Acre Lot
  • Property fronts a private road
  • Private Lot
  • Wooded Lot

Home Design

  • Log Cabin
  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 1,346 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Double Pane Windows
  • Mountain Views
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Dirt

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Dirt Floor

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Zoned Heating and Cooling System
  • Well
  • Water Softener is Owned
  • Septic Permit Issued
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include roads
  • Hickory Hollow Subdivision

Listing and Financial Details

  • Tax Lot 17

Home Details

Home Type

Single Family

Est. Annual Taxes

$841

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Private, Water Amenity, Wooded
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Fee Includes: Roads
  • Co List Office Mls Id: 325
  • Subdivision Name: Hickory Hollow
  • Above Grade Finished Sq Ft: 1346.0
  • Architectural Style: Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Two
  • ResoWindowFeatures: Double Pane Windows
  • Location Tax and Legal Tax Lot2: 17
  • Location Tax and Legal:Tax Annual Amount: 841.19
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Lot Size Acres: 0.91
  • General Property Information Above Grade Finished Area: 1346.0
  • General Property Information Below Grade Unfinished Area: 660.0
  • General Property Information Bonus Room YN2: No
  • 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
  • General Property Information View YN2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style Log2: 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
  • Land Features View Mountains: Yes
  • Levels:Two: Yes
  • Sewer Septic Permit On File: Yes
  • Utilities:Cable Available: Yes
  • Water Source:Well: Yes
  • Road Frontage Type:Private Road: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Dirt Floor, Full, Walk-Out Access
  • Appliances: Dishwasher, Electric Range, Microwave, Range Hood, Refrigerator, Water Softener Owned
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet
  • Street Number Modifier: 2688
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Basement2: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Water Softener-Owned: Yes
  • Basement:Dirt Floor: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Metal
  • Acres: 0.91
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log, Wood 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
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Private2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Paved
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Zoned
  • Sewer: Septic Permit On File
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Fee: 25.0
  • Association: No

Lot Info

  • Lot Size Sq Ft: 39639.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 841.19
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2020
Sold by
The Estate Of David M Kulp
Bought by
Magee Kulp Jr David
Total Days on Market
55
Current Estimated Value
$559,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$71,201
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$479,888

Purchase Details

Closed on
Apr 24, 2020
Sold by
Ann Donato Christina and Ann Kulp Christina
Bought by
Renee Eckert Jennifer and Renee Michelle Davis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$71,201
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$479,888

Purchase Details

Listed on
Nov 12, 2012
Closed on
Apr 19, 2013
Sold by
Wood John Andrew
Bought by
Alexander David B and Alexander Nancy L
Seller's Agent
Fran Troxler
East Tennessee Realty Group, L
Buyer's Agent
Gary Gibson
Prime Mountain Properties
Sold Price
$147,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%
Original Mortgage
$118,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 7, 2009
Sold by
Branch Banking
Bought by
Wood John Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,198
Interest Rate
5.04%

Purchase Details

Closed on
Mar 13, 2009
Sold by
Garner J Michael
Bought by
Branch Banking

Purchase Details

Closed on
Sep 1, 2005
Sold by
Smith Ray R
Bought by
Kay Larson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,700
Interest Rate
5.77%

Purchase Details

Closed on
Aug 30, 2005
Bought by
Larson Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,700
Interest Rate
5.77%

Purchase Details

Closed on
Mar 19, 1999
Sold by
Howell James C
Bought by
Smith Ray R
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
Magee Kulp Jr David $215,000 Smoky Mountain Title
Renee Eckert Jennifer -- None Available
Alexander David B $147,500 --
Wood John Andrew $114,900 --
Branch Banking $17,900 --
Kay Larson $167,480 --
Larson Kay $167,500 --
Smith Ray R $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magee Kulp Jr David $80,000
Previous Owner Alexander David B $118,000
Previous Owner Smith Ray R $117,198
Previous Owner Smith Ray R $150,700
Previous Owner Smith Ray R $150,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2019 07/05/19 Off Market $220,000 -- --
04/06/2018 04/06/18 Sold $220,000 -4.3% $163 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $229,900 +55.9% $171 / Sq Ft
07/18/2016 07/18/16 Off Market $147,500 -- --
04/19/2013 04/19/13 Sold $147,500 0.0% $112 / Sq Ft
04/19/2013 04/19/13 Sold $147,500 -15.7% $112 / Sq Ft
02/23/2013 02/23/13 Pending -- -- --
10/19/2012 10/19/12 For Sale $174,900 -- $133 / 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 $869 $93,920 $14,400 $79,520
2024 $869 $58,700 $9,000 $49,700
2023 $869 $58,700 $0 $0
2022 $869 $58,700 $9,000 $49,700
2021 $869 $58,700 $9,000 $49,700
2020 $841 $58,700 $9,000 $49,700
2019 $841 $45,225 $9,000 $36,225
2018 $841 $45,225 $9,000 $36,225
2017 $841 $45,225 $9,000 $36,225
2016 $841 $45,225 $9,000 $36,225
2015 -- $46,900 $0 $0
2014 $765 $46,904 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 214084

Great Smoky Mountains Association of REALTORS®

APN: 123-002.19