$535,000
SOLD MAY 9, 2024

2870 Indigo Ln Sevierville, TN 37862

2 Beds
2 Baths
1,440 Sq Ft
1.49 Acres

Recently Sold

$372 Per Sq Ft

9% Below List Price

54 Days on Market

Highlights

  • 1.49 Acre Lot
  • Deck
  • Views
  • Gatlinburg Pittman High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

As of May 2024

Welcome to your income producing turn key dream getaway nestled in the beauty of Wears Valley! This 2-bedroom, 2-bathroom black cabin boasts the perfect blend of rustic charm and modern amenities, making it a sought-after retreat for both owners and guests alike with sleeping arrangements for 8 guests. Situated on a spacious 1.49-acre lot, this established rental has garnered 5-star reviews from satisfied guests. Recently painted in Fall 2023, the exterior exudes a fresh and inviting allure, setting the stage for unforgettable mountain memories and includes a new 2 person hot tub. Inside you will discover a world of timeless elegance, accentuated by antique interior lighting, including ''fandeliers''. New outdoor lighting and cameras provide peace of mind, while the meticulously curated furnishings throughout the cabin convey a sense of comfort and sophistication. Parking is a breeze with the newly redone driveway, offering ample space for guests and even featuring an EV Charger—a thoughtful addition for eco-conscious travelers. Whether you're unwinding on the covered patio, gathering around the fire pit under the starlit sky, or exploring the chicken coop area, outdoor adventures await at every turn. Inside, the cabin comfortably accommodates up to 8 guests, with one bedroom showcasing a versatile bunk bed and queen bed and one bedroom featuring a king bed with a futon. Practical touches abound, including an arcade game, outdoor furniture, well pump, water holding tanks and a water softener. Don't miss your chance to experience this cabin in the Smoky Mountains. This is being sold furnished and ready for overnight guests. Information deemed reliable not guaranteed. Buyer to verify. Drone photography used.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $544

Year Built

  • Built in 2000

Home Design

  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,440 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Tile Flooring
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Propane

Additional Features

  • Deck
  • 1.49 Acre Lot

Community Details

  • Klug Property Subdivision

Listing and Financial Details

  • Assessor Parcel Number 113 01601 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$544

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Year Built: 2000
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Attribution Contact: 4235526839
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Other, Tile
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 1440
  • Building Area Units: Square Feet
  • Living Area: 1440
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Storage Building
  • Construction Type: Frame, Other
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Other, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Other, 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: Private
  • Lot Size Acres: 1.49
  • Lot Size Units: Acres
  • Parcel #: 113 01601 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 544

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
May 9, 2024
Sold by
Rajasoorya Fnu and Sivakumar Archana
Bought by
Array Investments Llc
List Price
$590,000
Sold Price
$535,000
Premium/Discount to List
-$55,000
-9.32%
Views
38
Current Estimated Value
$503,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,142
Avg. Annual Appreciation
-4.93%
Original Mortgage
$428,000
Outstanding Balance
$405,334
Interest Rate
6.11%
Mortgage Type
New Conventional
Estimated Equity
$94,392

Purchase Details

Listed on
Feb 8, 2024
Closed on
May 8, 2024
Sold by
Hamlet Steven and Hamlet Jessica
Bought by
Rajasoorya Fnu and Sivakumar Archana
List Price
$590,000
Sold Price
$535,000
Premium/Discount to List
-$55,000
-9.32%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Outstanding Balance
$405,334
Interest Rate
6.11%
Mortgage Type
New Conventional
Estimated Equity
$94,392

Purchase Details

Listed on
Aug 26, 2023
Closed on
Sep 29, 2023
Sold by
Dimitrov Dimitre T and Dimitrov Donka T
Bought by
Hamlet Steven and Hamlet Jessica
Seller's Agent
Natalie Walthour
eXp Realty, LLC 7720
Buyer's Agent
Heather Zonar
United Real Estate Solutions
List Price
$525,000
Sold Price
$490,000
Premium/Discount to List
-$35,000
-6.67%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.49%

Purchase Details

Listed on
Feb 1, 2021
Closed on
Mar 11, 2021
Sold by
Moore William G and Moore Louiseza
Bought by
Dimitrov Dimitre T and Dimitrov Donka T
Seller's Agent
Tracy King
Your Home Sold Guaranteed Real
Buyer's Agent
Jeana Maddux
eXp Realty, LLC 7720
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%
Original Mortgage
$284,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2014
Sold by
Mccaffery Coll J
Bought by
Moore William G and Moore Louiseza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2010
Sold by
Federal National Mortgage Association
Bought by
Mccaffery Mary Grace

Purchase Details

Closed on
Apr 15, 2010
Sold by
Hartsfield Michael B
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Jan 12, 2007
Sold by
Klug Daniel H
Bought by
Hartsfield Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,600
Interest Rate
6.08%

Purchase Details

Closed on
May 5, 2000
Sold by
Frank Hyatt
Bought by
Etal Klug Sol M

Purchase Details

Closed on
Jun 5, 1995
Sold by
Evans Luther W
Bought by
Frank Hyatt
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 Type Sale Price Title Company
Quit Claim Deed -- Concord Title
Warranty Deed $535,000 Concord Title
Warranty Deed $490,000 Smoky Mountain Title
Warranty Deed $355,000 Maryville Title Agency
Warranty Deed $355,000 Maryville Title & Escrow
Warranty Deed $117,000 --
Deed $70,000 --
Deed -- --
Deed $149,500 --
Deed $119,900 --
Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $428,000 New Conventional
Previous Owner $284,000 New Conventional
Previous Owner $284,000 New Conventional
Previous Owner $99,000 New Conventional
Previous Owner $187,875 No Value Available
Previous Owner $119,600 No Value Available
Previous Owner $22,425 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $535,000 -9.3% $372 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $590,000 +20.4% $410 / Sq Ft
09/29/2023 09/29/23 Sold $490,000 -6.7% $340 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
08/26/2023 08/26/23 For Sale $525,000 +47.9% $365 / Sq Ft
06/10/2021 06/10/21 Off Market $355,000 -- --
03/23/2021 03/23/21 Off Market $355,000 -- --
03/11/2021 03/11/21 Sold $355,000 +1.4% $263 / Sq Ft
02/01/2021 02/01/21 For Sale $350,000 -- $259 / Sq Ft
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 $544 $58,760 $19,640 $39,120
2024 $544 $36,725 $12,275 $24,450
2023 $544 $36,725 $0 $0
2022 $544 $36,725 $12,275 $24,450
2021 $544 $36,725 $12,275 $24,450
2020 $532 $36,725 $12,275 $24,450
2019 $532 $28,600 $12,425 $16,175
2018 $532 $28,600 $12,425 $16,175
2017 $532 $28,600 $12,425 $16,175
2016 $532 $28,600 $12,425 $16,175
2015 -- $26,675 $0 $0
2014 $435 $26,687 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2833365

Realtracs

APN: 113-016.01