NOT LISTED FOR SALE

2718 Heather Lane Way Sevierville, TN 37862

Estimated Value: $1,075,458

3 Beds
3.5 Baths
3,143 Sq Ft
$342/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $750,000 $239 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,965/month

1 Day on Market

Highlights

  • Mountain View
  • Deck
  • Wood Flooring
  • Gatlinburg Pittman High School Rated A-
  • Cathedral Ceiling
  • Furnished

About This Home

As of February 2021

VIEWS FOR MILES! Incredible national park and pristine mountain views from this extremely well-built mountain home! This home sits atop the growing Wears Valley community and offers 3 spacious bedroom suits along with an open loft and sliding doors to sleep multiple guests. Incredible great room with soaring cathedral ceilings and walls of glass provide plenty of room to entertain. Open kitchen with bar seating makes for easy entertaining. Generous game room features 2 arcades, dry bar, pool table, and 2nd living room. Plenty of parking and well maintained by meticulous owners. New water holding system just installed as well.

Last Agent to Sell the Property

Deborah Korlin

Century 21 MVP License #293982 Listed on: 11/20/2020

Century 21 MVP

Co-Listed By

Greg Korlin

Century 21 MVP License #324858

Last Buyer's Agent

Julie McCoy

eXp Realty, LLC 7720 License #350996

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,590

Year Built

  • Built in 2007

Lot Details

  • 0.76 Acre Lot
  • Property fronts a county road

Home Design

  • Log Cabin
  • Frame Construction
  • Composition Roof
  • Log Siding
  • Stucco

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Wood Flooring
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Septic Tank
  • Septic Permit Issued

Community Details

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

Listing and Financial Details

  • Tax Lot 72R1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,590

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Zoning: Residential
  • CoListOfficeEmail: deborahkorlin@gmail.com
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Fee Includes: Roads
  • Subdivision Name: Hickory Hollow
  • Above Grade Finished Sq Ft: 1745.0
  • Architectural Style: Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Three Or More
  • ResoWindowFeatures: Double Pane Windows
  • Location Tax and Legal Tax Lot2: 72R1
  • Location Tax and Legal:Tax Annual Amount: 1589.8
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.76
  • General Property Information Above Grade Finished Area: 1745.0
  • General Property Information Below Grade Finished Area: 1398.0
  • 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 Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Log2: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • Road Frontage Type County Road: Yes
  • Sewer Septic Permit On File: Yes
  • Levels Three Or More: Yes
  • Water Source:Well: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Exterior Entry, Finished, Walk-Out Access
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Soaking Tub
  • Street Number Modifier: 2718
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1398.0
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement Finished: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Range Hood: Yes
  • Basement:Exterior Entry: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Acres: 0.76
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame, Log, Log Siding, Stucco
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Log Siding: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank, Septic Permit On File
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • HeatingCooling:Electric: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 33105.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1589.8
  • Tax Lot: 72R1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Feb 4, 2021
Sold by
Aly Lisa and Singleton Eric
Bought by
Jarin John Domingo
Seller's Agent
Deborah Korlin
Century 21 MVP
Buyer's Agent
Julie McCoy
eXp Realty, LLC 7720
List Price
$725,000
Sold Price
$750,000
Premium/Discount to List
$25,000
3.45%
Current Estimated Value
$1,075,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,458
Avg. Annual Appreciation
7.92%
Original Mortgage
$650,000
Outstanding Balance
$580,344
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$495,114

Purchase Details

Listed on
Oct 11, 2016
Closed on
Jan 23, 2017
Sold by
Johnson L Dan
Bought by
Aly Lisa and Singleton Eric
Seller's Agent
Fran Troxler
East Tennessee Realty Group
Buyer's Agent
Deborah Korlin
Century 21 MVP
List Price
$379,000
Sold Price
$357,500
Premium/Discount to List
-$21,500
-5.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.13%
Original Mortgage
$342,897
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2006
Sold by
Jlm Properties
Bought by
Dan Johnson L
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
Jarin John Domingo $750,000 Maryville Title Agency
Aly Lisa $357,500 --
Dan Johnson L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jarin John Domingo $650,000
Previous Owner Aly Lisa $342,897
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2021 05/18/21 Off Market $750,000 -- --
02/20/2021 02/20/21 Off Market $750,000 -- --
02/05/2021 02/05/21 Sold $750,000 +3.4% $239 / Sq Ft
11/20/2020 11/20/20 For Sale $725,000 +102.8% $231 / Sq Ft
04/23/2020 04/23/20 Off Market $357,500 -- --
01/24/2017 01/24/17 Sold $357,500 -5.7% $127 / Sq Ft View Prior Sale
11/22/2016 11/22/16 Pending -- -- --
10/11/2016 10/11/16 For Sale $379,000 -- $134 / 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 $4,029 $272,200 $24,000 $248,200
2024 $4,029 $272,200 $24,000 $248,200
2023 $4,029 $272,200 $0 $0
2022 $2,518 $170,125 $15,000 $155,125
2021 $2,518 $170,125 $15,000 $155,125
2020 $1,590 $170,125 $15,000 $155,125
2019 $1,590 $85,475 $8,000 $77,475
2018 $1,590 $85,475 $8,000 $77,475
2017 $1,590 $85,475 $8,000 $77,475
2016 $1,590 $85,475 $8,000 $77,475
2015 -- $93,425 $0 $0
2014 $1,523 $93,437 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Deborah Korlin

    Seller's Agent in 2021

    Deborah Korlin

    Century 21 MVP

    (865) 806-0995

    253 in this area

    390 Total Sales

    Deborah Korlin
    Section Image
  • Greg Korlin

    Seller Co-Listing Agent in 2021

    Greg Korlin

    Century 21 MVP

    155 in this area

    207 Total Sales

    Greg Korlin
    Section Image

  • J

    Buyer's Agent in 2021

    Julie McCoy

    eXp Realty, LLC 7720

    Section Image
  • Fran Troxler

    Seller's Agent in 2017

    Fran Troxler

    East Tennessee Realty Group

    (865) 548-9712

    61 in this area

    74 Total Sales

    Fran Troxler
    Section Image
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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 231214

Great Smoky Mountains Association of REALTORS®

APN: 123G-A-035.05

Tennessee Sevier County Sevierville 37862

2718 Heather Lane Way, Sevierville, TN

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