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

1 Day on Market

Highlights

  • Deck
  • Wooded Lot
  • Log Cabin
  • Gatlinburg Pittman High School Rated A-
  • 1 Fireplace
  • Cooling Available

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!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $833

Year Built

  • Built in 2007

Lot Details

  • 0.7 Acre Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Log Cabin
  • Frame Construction
  • Log Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 097 03506 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$833

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • Year Built: 2007
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Attribution Contact: 8656078536
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 1152
  • Below Grade Sq Ft: 768
  • Building Area Units: Square Feet
  • Living Area: 1920
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Frame, Log
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Propane
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Wooded, Level
  • Lot Size Acres: 0.7
  • Lot Size: 443.83 X 180.30 IRR
  • Lot Size Units: Acres
  • Parcel #: 097 03506 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 833

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
List Price
$639,000
Sold Price
$635,000
Premium/Discount to List
-$4,000
-0.63%
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 3, 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
C/21 Four Seasons Realty
Buyer's Agent
Mark McCormick
Keller Williams
Sold Price
$298,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
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
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
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 -0.6% $331 / Sq Ft
09/11/2021 09/11/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $639,000 +114.4% $333 / Sq Ft
10/05/2018 10/05/18 Sold $298,000 -- $155 / Sq Ft View Prior Sale
Source: Realtracs

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: Realtracs

MLS Number: 2892284

Realtracs

APN: 097-035.06