NOT LISTED FOR SALE

2843 Grassy Branch Loop Sevierville, TN 37876

Estimated Value: $698,960

4 Beds
3 Baths
1,920 Sq Ft
$364/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $635,000 $331 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,853/month

Highlights

  • Deck
  • Forest View
  • Wood Flooring
  • Gatlinburg Pittman High School Rated A-
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of October 2021

AMAZING CABIN in the woods with easy access to both Gatlinburg and Pigeon Forge!! A proven rental, this property comes fully furnished with everything you need to make this your ideal personal get-away or income producing overnight investment property. With 4 bedrooms and 3 bathrooms, a finished basement, and beautiful loft, this cabin has space to spare and parking for all!

Last Agent to Sell the Property

Mark McCormick

Keller Williams License #339811 Listed on: 09/10/2021

Keller Williams

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,893

Year Built

  • Built in 2007

Lot Details

  • 0.7 Acre Lot
  • Wooded Lot

Parking

  • Off-Street Parking

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • Stone Fireplace
  • Forest Views
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 097 035.06 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,893

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Directions: From E Parkway take Glades Rd 3.2 m to L on Birds Creek Rd, 0.4 m to R on Camp Smoky Ln, 0.2 m to R on Grassy Branch Rd, 1.2 m to L on Grassy Branch Loop, go straight thru 3-way split, follow signs to ''Trillium Lodge.''
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2007
  • Lot Size Acres: 0.7
  • Architectural Style: Log
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Smoke Detector, Refrigerator, Microwave, Washer
  • Has Basement: Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Porch - Covered, Deck
  • View: Wooded, Other
  • Lot Features: Wooded
  • Construction Type: Log

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 30492.0
  • Parcel #: 097 035.06 000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 12, 2021
Sold by
Cochran Michael Shane and Cochran Katie Leonard
Bought by
Rickman Otis and Rickman Rhonna
Seller's Agent
Mark McCormick
Keller Williams
Buyer's Agent
Non Member Non Member
Non-Member Office
Sold Price
$635,000
Current Estimated Value
$698,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,960
Avg. Annual Appreciation
2.42%
Original Mortgage
$548,000
Outstanding Balance
$499,725
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$199,235

Purchase Details

Listed on
Aug 2, 2018
Closed on
Oct 5, 2018
Sold by
Froghop Properties Llc
Bought by
Cochran Michael Shane and Cochran Katie Leonard
Seller's Agent
Jon Dempersmier
Century 21 Four Seasons Realty Parkway
Buyer's Agent
NON-MLS NON-MEMBER
NON MEMBER FIRM
List Price
$309,900
Sold Price
$298,000
Premium/Discount to List
-$11,900
-3.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.47%
Original Mortgage
$268,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2015
Sold by
Fairley Martin D
Bought by
Froghop Properties Llc

Purchase Details

Closed on
Nov 10, 2008
Sold by
Froghop Properties Llc
Bought by
Fairley Martin D

Purchase Details

Closed on
May 3, 2006
Sold by
Sawyer Thomas A
Bought by
Fairley Martin D
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
Rickman Otis $635,000 Chapman & Rosenthal Ttl Inc
Cochran Michael Shane $298,000 Smoky Mountain Title
Froghop Properties Llc -- --
Fairley Martin D -- --
Fairley Martin D $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rickman Otis $548,000
Previous Owner Cochran Michael Shane $268,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2021 10/12/21 Sold $635,000 +113.1% $331 / Sq Ft
01/03/2020 01/03/20 Off Market $298,000 -- --
10/05/2018 10/05/18 Sold $298,000 -3.8% $155 / Sq Ft View Prior Sale
09/06/2018 09/06/18 Pending -- -- --
08/02/2018 08/02/18 For Sale $309,900 -- $161 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $1,893 $127,880 $5,000 $122,880
2024 $1,893 $127,880 $5,000 $122,880
2023 $1,893 $127,880 $0 $0
2022 $1,183 $79,925 $3,125 $76,800
2021 $1,183 $79,925 $3,125 $76,800
2020 $833 $79,925 $3,125 $76,800
2019 $833 $44,800 $3,125 $41,675
2018 $833 $44,800 $3,125 $41,675
2017 $833 $44,800 $3,125 $41,675
2016 $833 $44,800 $3,125 $41,675
2015 -- $45,750 $0 $0
2014 $745 $45,734 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1167019

East Tennessee REALTORS® MLS

APN: 097-035.06