Seller's Agent in 2024
Melinda Hyder
The Real Estate Firm Inc. Sevier
(865) 386-4053
52 in this area
68 Total Sales
2940 Tower Rd Sevierville, TN 37876
Estimated Value: $3,643,854
13
Beds
8.5
Baths
8,568
Sq Ft
$425/Sq Ft
Est. Value
Highlights
- Pool and Spa
- 5.08 Acre Lot
- Deck
- Catons Chapel Elementary School Rated A-
- Mountain View
- Contemporary Architecture
About This Home
As of February 2024All NEW septic tanks and lines just installed. Management company will guarantee a minimum of 375K in gross rental income in the first 12 months under new ownership!! Perfect for family reunions, wedding parties, corporate retreats, etc. This is truly a once in a lifetime opportunity to own one of the most unique luxury properties in all of Tennessee. This exquisite gated mountain estate has unparalleled mountain views and is situated on 5 private park-like acres featuring a 5 bedroom main house, personal arcade room/buliding, private movie theater, a 2 bedroom bungalow cabin, a 5 bedroom cottage, a quaint 1 bedroom cabin, and a covered pavilion with heated pool overlooking the Smoky Mountains! The options are limitless at this spectacular retreat! Boasting almost 9,000 finished square feet with 13 beds and 8.5 baths there is plenty of room for everyone! This property has been tastefully updated and decorated and is turn-key ready for its next owner! Sit back and relax while taking in the best views East Tennessee has to offer. There are truly too many features to describe, this is an absolute MUST SEE!! Call today to schedule your private showing and request a pro forma. Don't forget to check out the VIRTUAL TOUR and Floorplans!!
Last Agent to Sell the Property
The Real Estate Firm Inc. Sevier License #255100 Listed on: 04/07/2023
Last Buyer's Agent
NON MEMBER
NON MEMBER FIRM License #105
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,811
Year Built
- Built in 1970
Lot Details
- 5.08 Acre Lot
- Property fronts a private road
- Property fronts a county road
- Private Lot
Home Design
- Contemporary Architecture
- Log Cabin
- Brick or Stone Mason
- Slab Foundation
- Composition Roof
- Metal Roof
- Masonry
- Stone
Interior Spaces
- 2-Story Property
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- 2 Fireplaces
- Gas Log Fireplace
- Electric Fireplace
- Window Treatments
- Great Room
- Bonus Room
- Wood Flooring
- Mountain Views
Kitchen
- Electric Range
- Range Hood
- Microwave
- Dishwasher
- Solid Surface Countertops
Bedrooms and Bathrooms
- 13 Bedrooms
- Soaking Tub
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Pool and Spa
- Deck
- Covered Patio or Porch
- Rain Gutters
Additional Homes
- Accessory Dwelling Unit (ADU)
Utilities
- Central Heating and Cooling System
- Well
- Septic Permit Required
Community Details
- No Home Owners Association
- Bluff Mtn Acres Subdivision
Listing and Financial Details
- Tax Lot 7 and 11
- Assessor Parcel Number 081J B 007.00, 081J B 011.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2023
Closed on
Jan 30, 2024
Sold by
A View From Above Clouds Llc and Souring Ridge Lodge Llc
Bought by
2940 Tower Road Llc
Seller's Agent
Melinda Hyder
The Real Estate Firm Inc. Sevier
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$3,799,999
Sold Price
$3,125,000
Premium/Discount to List
-$674,999
-17.76%
Views
181
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,854
Avg. Annual Appreciation
8.15%
Original Mortgage
$2,437,500
Outstanding Balance
$2,394,423
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$1,249,431
Purchase Details
Closed on
Nov 8, 2021
Sold by
1 In A Million Llc
Bought by
A View From Above Clouds Llc
Purchase Details
Listed on
Aug 6, 2019
Closed on
Oct 7, 2020
Sold by
Buxton Properties Llc
Bought by
1 In A Million Llc
Seller's Agent
Angelina Knight
Great Mountain Realty LLC
Buyer's Agent
Teresa Myers
Century 21 Four Seasons WOD
List Price
$2,800,000
Sold Price
$2,400,000
Premium/Discount to List
-$400,000
-14.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Purchase Details
Listed on
Mar 4, 2016
Closed on
Nov 1, 2016
Sold by
White James M and White Schelia
Bought by
Buxton Properties Llc
Seller's Agent
Michael McConnell
Mountain Realty Group
Buyer's Agent
Michael McConnell
Mountain Realty Group
List Price
$850,000
Sold Price
$590,000
Premium/Discount to List
-$260,000
-30.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.91%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 2940 Tower Road Llc | $3,125,000 | Admiral Title Inc | |
| A View From Above Clouds Llc | $2,600,000 | Smoky Mountain Title | |
| 1 In A Million Llc | $2,400,000 | Smoky Mountain Title | |
| Buxton Properties Llc | $590,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 2940 Tower Road Llc | $2,437,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/01/2024 02/01/24 | Sold | $3,125,000 | -13.2% | $365 / Sq Ft | |
| 12/25/2023 12/25/23 | Pending | -- | -- | -- | |
| 11/28/2023 11/28/23 | Price Changed | $3,599,999 | -5.3% | $420 / Sq Ft | |
| 11/28/2023 11/28/23 | For Sale | $3,799,999 | 0.0% | $444 / Sq Ft | |
| 09/24/2023 09/24/23 | Pending | -- | -- | -- | |
| 04/07/2023 04/07/23 | For Sale | $3,799,999 | +58.3% | $444 / Sq Ft | |
| 01/05/2021 01/05/21 | Off Market | $2,400,000 | -- | -- | |
| 10/07/2020 10/07/20 | Sold | $2,400,000 | +4.3% | $421 / Sq Ft | View Prior Sale |
| 06/11/2020 06/11/20 | Price Changed | $2,300,000 | +289.8% | $403 / Sq Ft | |
| 01/31/2020 01/31/20 | Off Market | $590,000 | -- | -- | |
| 01/02/2020 01/02/20 | For Sale | $2,800,000 | +16.7% | $491 / Sq Ft | |
| 01/01/2020 01/01/20 | Off Market | $2,400,000 | -- | -- | |
| 11/07/2019 11/07/19 | Price Changed | $2,800,000 | -5.1% | $491 / Sq Ft | |
| 08/06/2019 08/06/19 | For Sale | $2,950,000 | +400.0% | $517 / Sq Ft | |
| 11/02/2016 11/02/16 | Sold | $590,000 | -30.6% | $125 / Sq Ft | View Prior Sale |
| 09/06/2016 09/06/16 | Pending | -- | -- | -- | |
| 03/04/2016 03/04/16 | For Sale | $850,000 | -- | $180 / Sq Ft |
Source: Great Smoky Mountains Association of REALTORS®
Tax History Compared to Growth
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 | $6,742 | $454,440 | $56,920 | $397,520 |
| 2024 | $3,860 | $260,825 | $36,275 | $224,550 |
| 2023 | $3,860 | $260,825 | $0 | $0 |
| 2022 | $3,860 | $260,825 | $36,275 | $224,550 |
| 2021 | $1,671 | $260,825 | $36,275 | $224,550 |
| 2020 | $1,667 | $112,900 | $36,275 | $76,625 |
| 2019 | $1,667 | $89,600 | $37,050 | $52,550 |
| 2018 | $1,667 | $89,600 | $37,050 | $52,550 |
| 2017 | $1,667 | $89,600 | $37,050 | $52,550 |
| 2016 | $1,667 | $89,600 | $37,050 | $52,550 |
| 2015 | -- | $91,025 | $0 | $0 |
| 2014 | $1,484 | $91,024 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Melinda Hyder
-
N
Buyer's Agent in 2024
NON MEMBER
NON MEMBER FIRM
-
A
Seller's Agent in 2020
Angelina Knight
Great Mountain Realty LLC
-
T
Buyer's Agent in 2020
Teresa Myers
Century 21 Four Seasons WOD
-
Michael McConnell
Seller's Agent in 2016
Michael McConnell
Mountain Realty Group
126 in this area
162 Total Sales
Map
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 256661
APN: 081J-B-007.00
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed. Copyright 2025 Great Smoky Mountains Association of REALTORS®. All rights reserved.
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