NOT LISTED FOR SALE

2814 Piney Cove Way Sevierville, TN 37862

Estimated Value: $1,566,121

1.74 Acres
$900,070 Price per Acre
75,794 Sq Ft Lot

Last Sold July 06, 2020

Last sale price $55,000

Est. 2,747% increase in value since last sale

Current estimated payment $8,673/month

Highlights

  • 1.74 Acre Lot
  • Mountainous Lot
  • No HOA
  • Gatlinburg Pittman High School Rated A-
  • Wooded Lot
  • Community Pool

About This Lot

As of July 2020

Located at the Back of Cedar Falls this private 1.74 acres lot is ideal to build a primary residence, second home or investment property. Cedar Falls is an extremely well maintained community with under - ground utilities, swimming pool, picnic area, playground, and streams. It is not far from the grocery, post office and other necessities

Last Agent to Sell the Property

David Everett

Century 21 MVP License #326519 Listed on: 07/07/2020

Century 21 MVP

Last Buyer's Agent

David Everett

Century 21 MVP License #326519 Listed on: 07/07/2020

Century 21 MVP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $232

Lot Details

  • 1.74 Acre Lot
  • Property fronts a private road
  • Lot Has A Rolling Slope
  • Mountainous Lot
  • Wooded Lot

Utilities

  • Septic Needed

Listing and Financial Details

  • Tax Lot 48 R

Community Details

Overview

  • No Home Owners Association
  • Association fees include insurance, roads
  • Cadar Falls HOA
  • Cedar Falls Phase 2 Subdivision

Recreation

  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$232

Lot Details

0

Listing Details

  • Property Type: Land
  • Zoning: R-1
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Mountainous, Rolling Slope, Sloped, Wooded
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Reso Association Amenities: Pool
  • Reso Association Fee Includes: Insurance, Roads
  • Co List Office Mls Id: 12
  • Subdivision Name: Cedar Falls Phase 2
  • Location Tax and Legal Tax Lot2: 48 R
  • Location Tax and Legal:Tax Annual Amount: 232.5
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Lot Size Acres: 1.74
  • Association Amenities Pool2: Yes
  • Water Source:Public: Yes
  • Sewer Septic Needed: Yes
  • Road Frontage Type:Private Road: Yes
  • Lot Features Mountainous: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 2814
  • Possible Use: Residential, Single Family

Exterior Features

  • Acres: 1.74
  • Lot Features:Sloped: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Rolling Slope: Yes

Utilities

  • Sewer: Septic Needed
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 67.0
  • Association Name: Cadar falls HOA
  • Association: No

Association/Amenities

  • Association Fee Includes:Insurance: Yes

Lot Info

  • Lot Size Sq Ft: 75794.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 232.5
  • Tax Lot: 48 R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2024
Sold by
Tugbiyele Folusho and Tugbiyele Omolara
Bought by
Cedarwood Pines Llc
Current Estimated Value
$1,566,121

Purchase Details

Closed on
Aug 27, 2021
Sold by
Eric Waddell Jason and Eric Delania
Bought by
Tugbiyele Folusho and Tugbiyele Omolara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,349,850
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2021
Sold by
Cole Kenneth M and Johnson William Michael
Bought by
Waddell Jason Eric and Waddell Delania

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,349,850
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 7, 2020
Closed on
Jul 2, 2020
Sold by
Allen Alice S
Bought by
Cole Kenneth M and Johnson William Michael
Seller's Agent
David Everett
Century 21 MVP
Buyer's Agent
David Everett
Century 21 MVP
List Price
$55,000
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.12%
Original Mortgage
$472,500
Interest Rate
3.2%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 7, 2006
Sold by
Cedar Falls Llc
Bought by
Allen Phillip W

Purchase Details

Closed on
Jul 22, 2005
Bought by
Allen Phillip W and Allen Alice S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cedarwood Pines Llc -- None Listed On Document
Tugbiyele Folusho $1,500,000 Smoky Mountain Title
Waddell Jason Eric $695,000 Tennessee Land Title
Cole Kenneth M $55,000 Tennessee Land Title
Allen Phillip W $16,800 --
Allen Phillip W $16,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tugbiyele Folusho $1,349,850
Previous Owner Waddell Jason Eric $556,000
Previous Owner Cole Kenneth M $472,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2020 10/05/20 Off Market $55,000 -- --
07/07/2020 07/07/20 For Sale $55,000 0.0% --
07/06/2020 07/06/20 Sold $55,000 -- --
06/11/2020 06/11/20 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 $4,731 $319,680 $22,400 $297,280
2024 $4,731 $319,680 $22,400 $297,280
2023 $4,731 $319,680 $0 $0
2022 $2,957 $199,800 $14,000 $185,800
2021 $1,752 $199,800 $14,000 $185,800
2020 $233 $14,000 $14,000 $0
2019 $233 $12,500 $12,500 $0
2018 $233 $12,500 $12,500 $0
2017 $233 $12,500 $12,500 $0
2016 $233 $12,500 $12,500 $0
2015 -- $18,750 $0 $0
2014 $306 $18,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Everett

    Seller's Agent in 2020

    David Everett

    Century 21 MVP

    (865) 250-9438

    67 in this area

    110 Total Sales

    David Everett
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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 229084

Great Smoky Mountains Association of REALTORS®

APN: 103F-A-048.00

Tennessee Sevier County Sevierville 37862

2814 Piney Cove Way, Sevierville, TN

This home is located at 2814 Piney Cove Way, Sevierville, TN 37862 since 07 July 2020 and is currently estimated at $1,566,121. 2814 Piney Cove Way is a home located in Sevier County with nearby schools including Northview Elementary School, Catons Chapel Elementary School, and Jones Cove Elementary School.

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