NOT LISTED FOR SALE

2851 Summit Trails Dr Sevierville, TN 37862

Estimated Value: $943,000 - $982,346

2 Beds
2.5 Baths
3,408 Sq Ft
$282/Sq Ft Est. Value

Last Sold February 01, 2016

Last sale price $245,000 $72 Per Sq Ft

Est. 293% increase in value since last sale

Current estimated payment $5,295/month

473 Days on Market

Highlights

  • 1.28 Acre Lot
  • Deck
  • Wood Flooring
  • Gatlinburg Pittman High School Rated A-
  • Contemporary Architecture
  • Main Floor Primary Bedroom

About This Home

As of February 2016

Gorgeous Craftsman style home on 1.28 acre lot just outside the Pigeon Forge city limits. Large master suite w/ FPL, media room, greatroom open to large kitchen/ dining room all on main. High end cabinets & large island w/ granite countertops. Screened porch off kitchen. Open covered decl w/ FPL off greatroom. Soaring 2 story ceiling flooded w/ natural light. 2 extra large bonus rooms, huge 2nd bedroom and full bath on upper level. Windows everywhere!!! Beautiful woodwork, hardwood and tile. Office on main is large enough to be a formal dining room. Put a wardrobe in the 2nd bonus room and have a third bedroom/ guestroom. Beautiful setting. Private backyard. Pond is undergoing repairs and will be a beautiful common area feature when completed and it's right next door!

Last Agent to Sell the Property

Frances Crawford

Town & Country REALTORS License #269018 Listed on: 08/01/2014

Last Buyer's Agent

Jay Fradd

Smoky Mountain Real Estate Cor License #313792

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,344

Year Built

  • Built in 2007

Lot Details

  • 1.28 Acre Lot
  • Backyard Sprinklers

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Cedar
  • Stone

Interior Spaces

  • 3,408 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Living Room
  • Den
  • Loft
  • Game Room
  • Utility Room
  • Wood Flooring
  • Crawl Space
  • Attic Access Panel

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Soaking Tub

Outdoor Features

  • Deck
  • Screened Patio
  • Rain Gutters
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Association fees include insurance
  • The Summit Subdivision

Listing and Financial Details

  • Tax Lot 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,344

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Zoning: Residential
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Sprinklers In Rear
  • Road Surface Type: Paved
  • Reso Association Amenities: Other
  • Reso Association Fee Includes: Insurance
  • Co List Office Mls Id: 294
  • ResoSpecialListingConditions: Short Sale
  • Subdivision Name: The Summit
  • Above Grade Finished Sq Ft: 3408.0
  • Architectural Style: Contemporary
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Location Tax and Legal Tax Lot2: 3
  • Location Tax and Legal:Tax Annual Amount: 2343.9
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Lot Size Acres: 1.28
  • General Property Information Above Grade Finished Area: 3408.0
  • General Property Information:Bathrooms Half: 1
  • General Property Information Bonus Room YN2: No
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Attic Features Access Only: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Interior Features Great Room2: Yes
  • Levels:One and One Half: Yes
  • Roof:Composition: Yes
  • Water Source:Public: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Loft: Yes
  • Room Types Loft Level: 2
  • Room Types Primary Bedroom Level: 1
  • Room Types Utility Room: Yes
  • Room Types Utility Room Level: 1
  • Architectural Style:Contemporary: Yes
  • Room Types Game Room: Yes
  • Room Types Game Room Level: 2
  • Special Listing Conditions Short Sale: Yes
  • Room Types Den: Yes
  • Room Types Den Level: 1
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • Interior Amenities: Ceiling Fan(s), Great Room, Soaking Tub, Walk-In Closet(s)
  • Street Number Modifier: 2851
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Total Bedrooms: 16
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Acres: 1.28
  • Home Warranty: No
  • Construction Type: Cedar, Stone
  • Patio And Porch Features: Deck, Porch, Screened
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Cedar: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Screened: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 41.66
  • Association: No

Association/Amenities

  • Association Fee Includes:Insurance: Yes

Lot Info

  • Lot Size Sq Ft: 55756.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2343.9
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2018
Sold by
Coast David R
Bought by
Coast Patricia A
Current Estimated Value
$962,673

Purchase Details

Listed on
Aug 1, 2014
Closed on
Feb 1, 2016
Sold by
Smith Charles R
Bought by
Coast David R and Coast Patricia A
Seller's Agent
Frances Crawford
Town & Country REALTORS
Buyer's Agent
Jay Fradd
Smoky Mountain Real Estate Cor
List Price
$485,000
Sold Price
$245,000
Premium/Discount to List
-$240,000
-49.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.20%

Purchase Details

Closed on
Jul 17, 2007
Sold by
The Summit Llc
Bought by
Smith Charles R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Interest Rate
9.81%
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
Coast Patricia A -- None Available
Coast David R $345,000 --
Smith Charles R $580,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Charles R $522,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2019 05/02/19 Off Market $245,000 -- --
02/01/2016 02/01/16 Sold $245,000 -49.5% $72 / Sq Ft
11/17/2015 11/17/15 Pending -- -- --
08/01/2014 08/01/14 For Sale $485,000 -- $142 / 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 $2,287 $154,550 $22,500 $132,050
2024 $2,287 $154,550 $22,500 $132,050
2023 $2,287 $154,550 $0 $0
2022 $2,287 $154,550 $22,500 $132,050
2021 $2,287 $154,550 $22,500 $132,050
2020 $1,640 $154,550 $22,500 $132,050
2019 $1,640 $88,175 $22,500 $65,675
2018 $1,640 $88,175 $22,500 $65,675
2017 $1,640 $88,175 $22,500 $65,675
2016 $1,640 $88,175 $22,500 $65,675
2015 -- $143,800 $0 $0
2014 $2,344 $143,791 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 191383

Great Smoky Mountains Association of REALTORS®

APN: 092-042.00