2705 Owls Cove Way Sevierville, TN 37862
2
Beds
2.5
Baths
1,872
Sq Ft
0.62
Acres
Highlights
- Pool and Spa
- Clubhouse
- Cathedral Ceiling
- Gatlinburg Pittman High School Rated A-
- Wooded Lot
- Wood Flooring
About This Home
As of January 2024Luxury 3-level cabin in the highly sought-after Cedar Falls Community. This cabin is close to all of the attractions, but secluded enough to give you the privacy that you want in a mountain home. This turnkey property has oversized wrap-around porches that will allow you to relax in the serene setting. Enjoy the warmth of your hot tub on a cool summer evening or gather around the stone fireplace in the voluminous living room. Two oversized king bedrooms with ensuite bathrooms create a luxurious sleeping experience. Prepare gourmet meals in your open floorplan kitchen/dining room. Entertain your guests with foosball and arcade games in the bonus room. This is a great property in a fantastic location. Total Gross Revenue is projected to be $90k - $100k. What an opportunity... Location, price, income-producing, and SELLER FINANCING available!
Last Agent to Sell the Property
Robert Dansereau
Alliance Sotheby's International Realty License #334614 Listed on: 06/24/2023
Last Buyer's Agent
NON MEMBER
NON MEMBER FIRM License #105
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,348
Year Built
- Built in 2006
Lot Details
- 0.62 Acre Lot
- Wooded Lot
HOA Fees
- $67 Monthly HOA Fees
Home Design
- Log Cabin
- Tri-Level Property
- Composition Roof
- Log Siding
Interior Spaces
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Window Treatments
- Bonus Room
- Wood Flooring
- Finished Basement
- Walk-Out Basement
- Fire and Smoke Detector
Kitchen
- Self-Cleaning Oven
- Electric Range
- Microwave
- Dishwasher
- Solid Surface Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Parking
- Driveway
- Paved Parking
Outdoor Features
- Pool and Spa
- Covered patio or porch
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Water Softener is Owned
- Septic Permit Issued
Listing and Financial Details
- Tax Lot 85
Community Details
Overview
- Association fees include insurance, ground maintenance
- Cedar Falls HOA
- Cedar Falls Phase 3 Subdivision
- On-Site Maintenance
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2023
Closed on
Jan 3, 2024
Sold by
Owls Cove Holdings Llc Series I
Bought by
Kl Investments
Seller's Agent
Robert Dansereau
Alliance Sotheby's International Realty
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$850,000
Sold Price
$735,000
Premium/Discount to List
-$115,000
-13.53%
Views
17
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.84%
Original Mortgage
$588,000
Outstanding Balance
$483,509
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$230,093
Purchase Details
Closed on
Nov 11, 2021
Sold by
Palmer Stephen J and Palmer Ana Colores
Bought by
Owls Cove Holdings Llc
Purchase Details
Listed on
May 7, 2021
Closed on
Jun 11, 2021
Sold by
Graceful Cabins Llc
Bought by
Palmer Stephen J and Palmer Ana Colores
Seller's Agent
Charity Brown
Tennessee Elite Realty
Buyer's Agent
DeLoreS White
Colonial Real Estate, Inc.
List Price
$695,000
Sold Price
$680,000
Premium/Discount to List
-$15,000
-2.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.17%
Purchase Details
Listed on
May 4, 2012
Closed on
Sep 17, 2012
Sold by
Mcdonald Milton Ray
Bought by
Graceful Cabins Llc
Seller's Agent
Delores White
THOMPSON CARR REAL ESTATE LLC
Buyer's Agent
Deborah Korlin
Century 21 MVP
List Price
$229,900
Sold Price
$217,000
Premium/Discount to List
-$12,900
-5.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.96%
Purchase Details
Closed on
Jan 19, 2005
Bought by
Mcdonald Milton Ray
Similar Homes in Sevierville, TN
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 | $735,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $680,000 | Smoky Mountain Title | |
| Warranty Deed | $217,000 | -- | |
| Warranty Deed | $40,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $588,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2025 06/03/25 | For Sale | $950,000 | +29.3% | $507 / Sq Ft |
| 01/03/2024 01/03/24 | Sold | $735,000 | -13.5% | $393 / Sq Ft |
| 12/05/2023 12/05/23 | Pending | -- | -- | -- |
| 06/24/2023 06/24/23 | For Sale | $850,000 | +25.0% | $454 / Sq Ft |
| 09/12/2021 09/12/21 | Off Market | $680,000 | -- | -- |
| 06/11/2021 06/11/21 | Sold | $680,000 | -2.2% | $363 / Sq Ft |
| 05/17/2021 05/17/21 | Pending | -- | -- | -- |
| 05/09/2021 05/09/21 | For Sale | $695,000 | +220.3% | $371 / Sq Ft |
| 12/16/2015 12/16/15 | Off Market | $217,000 | -- | -- |
| 09/17/2012 09/17/12 | Sold | $217,000 | -5.6% | $121 / Sq Ft |
| 09/07/2012 09/07/12 | Pending | -- | -- | -- |
| 05/04/2012 05/04/12 | For Sale | $229,900 | -- | $128 / 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 | $2,157 | $145,720 | $16,000 | $129,720 |
| 2023 | $2,157 | $145,720 | $0 | $0 |
| 2022 | $1,348 | $91,075 | $10,000 | $81,075 |
| 2021 | $1,348 | $91,075 | $10,000 | $81,075 |
| 2020 | $1,170 | $91,075 | $10,000 | $81,075 |
| 2019 | $1,170 | $62,900 | $10,000 | $52,900 |
| 2018 | $1,170 | $62,900 | $10,000 | $52,900 |
| 2017 | $1,170 | $62,900 | $10,000 | $52,900 |
| 2016 | $1,170 | $62,900 | $10,000 | $52,900 |
| 2015 | -- | $68,525 | $0 | $0 |
| 2014 | -- | $68,520 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2025
Marques Jordan
Alliance Sotheby's International
(865) 308-0624
1 in this area
37 Total Sales
-
R
Seller's Agent in 2024
Robert Dansereau
Alliance Sotheby's International Realty
-
N
Buyer's Agent in 2024
NON MEMBER
NON MEMBER FIRM
-
Seller's Agent in 2021
Charity Brown
Tennessee Elite Realty
(865) 659-0254
227 in this area
329 Total Sales
-
Buyer's Agent in 2021
DeLoreS White
Colonial Real Estate, Inc.
(865) 436-2121
25 in this area
65 Total Sales
-
Buyer's Agent in 2012
Deborah Korlin
Century 21 MVP
(865) 806-0995
259 in this area
399 Total Sales
Map
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 257989
APN: 103F-A-085.00
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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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