NOT LISTED FOR SALE

280 Arrowhead Mountain Way Sevierville, TN 37876

Estimated Value: $422,663

2 Beds
2 Baths
1,277 Sq Ft
$331/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $165,000 $129 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $2,308/month

Highlights

  • Pool and Spa
  • Deck
  • Cathedral Ceiling
  • Gatlinburg Pittman High School Rated A-
  • Wooded Lot
  • 1 Fireplace

About This Home

As of October 2017

Feel the magic in this beautiful setting. 2 Bedroom/2 bath cabin in beautiful tranquil setting. Soaring vaulted ceilings. Two separate bedroom suites with balcony off upper level suite. Hardwood floors, granite countertops, and wood burning fireplace. Covered front porch for your rocking chairs. Lots of decking and separate deck in back with large hot tub with privacy. In wooded setting that adds privacy and beautiful wooded views. Sold furnished. $120 year well fee. This cabin has produced $22,000 year in gross rentals. Remington print does not convey.

Last Agent to Sell the Property

Anna Harlan

Key Mountain Realty LLC License #256813 Listed on: 10/13/2017

Last Buyer's Agent

Christy Zurkuhlen

Colonial Real Estate, Inc. License #331115

Colonial Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $636

Year Built

  • Built in 1998

Lot Details

  • 0.68 Acre Lot
  • Property fronts a county road
  • Wooded Lot

Home Design

  • Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,277 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Cathedral Ceiling
  • 1 Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pool and Spa
  • Deck
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Arrowhead Resort Subdivision

Listing and Financial Details

  • Tax Lot 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$636

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLotFeatures: Wooded
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
  • Reso Association Amenities: Other
  • Co List Office Mls Id: 581
  • Subdivision Name: Arrowhead Resort
  • Above Grade Finished Sq Ft: 1277.0
  • Architectural Style: Cabin
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Location Tax and Legal Tax Lot2: 8
  • Location Tax and Legal:Tax Annual Amount: 636.12
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Lot Size Acres: 0.68
  • General Property Information Above Grade Finished Area: 1277.0
  • 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
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Cooling:Central Air: Yes
  • Levels:One and One Half: Yes
  • Road Frontage Type County Road: Yes
  • Road Surface Type Gravel2: Yes
  • Water Source:Well: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s)
  • Street Number Modifier: 280
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Metal
  • Acres: 0.68
  • Home Warranty: No
  • Construction Type: Log Siding
  • Patio And Porch Features: Deck
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Log Siding: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 5.0
  • Association: No

Lot Info

  • Lot Size Sq Ft: 29620.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 636.12
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2022
Sold by
Sharrow Thomas L
Bought by
Sherman Jeffrey A
Current Estimated Value
$422,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Outstanding Balance
$261,330
Interest Rate
4.92%
Mortgage Type
New Conventional
Estimated Equity
$161,333

Purchase Details

Listed on
Oct 13, 2017
Closed on
Oct 28, 2017
Sold by
Erods Bela S and Erods Pamela H
Bought by
Sharrow Thomas L and Dunn Arlinda M
Seller's Agent
Anna Harlan
Key Mountain Realty LLC
Buyer's Agent
Christy Zurkuhlen
Colonial Real Estate, Inc.
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.59%
Original Mortgage
$145,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2005
Sold by
William Fallati
Bought by
Erdos Bela S Trustee

Purchase Details

Closed on
Mar 15, 2002
Bought by
Fallati William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.85%
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
Sherman Jeffrey A $410,000 Forderhase Greg
Sherman Jeffrey A $410,000 Forderhase Greg
Sharrow Thomas L $165,000 Smoky Mountain Title
Erdos Bela S Trustee $135,000 --
Fallati William $120,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Jeffrey A $307,500
Closed Sherman Jeffrey A $307,500
Previous Owner Sharrow Thomas L $145,000
Previous Owner Fallati William $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2019 01/29/19 Off Market $165,000 -- --
10/31/2017 10/31/17 Sold $165,000 -2.9% $129 / Sq Ft
10/13/2017 10/13/17 For Sale $169,900 -- $133 / Sq Ft
09/02/2017 09/02/17 Pending -- -- --
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 $692 $74,800 $8,000 $66,800
2024 $692 $46,750 $5,000 $41,750
2023 $692 $46,750 $0 $0
2022 $692 $46,750 $5,000 $41,750
2021 $692 $46,750 $5,000 $41,750
2020 $636 $46,750 $5,000 $41,750
2019 $636 $34,200 $5,000 $29,200
2018 $636 $34,200 $5,000 $29,200
2017 $636 $34,200 $5,000 $29,200
2016 $636 $34,200 $5,000 $29,200
2015 -- $32,825 $0 $0
2014 $535 $32,829 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 212689

Great Smoky Mountains Association of REALTORS®

APN: 031M-B-008.00