NOT LISTED FOR SALE

2956 Covemont Rd Sevierville, TN 37862

Estimated Value: $855,889

3 Beds
2.5 Baths
2,000 Sq Ft
$428/Sq Ft Est. Value

Last Sold August 20, 2018

Last sale price $349,900 $175 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $4,935/month

158 Days on Market

Highlights

  • Horses Allowed On Property
  • Newly Remodeled
  • Mountain View
  • Gatlinburg Pittman High School Rated A-
  • 2 Acre Lot
  • Chalet

About This Home

As of August 2018

Pictures are of the one that was just built on Tract 2. New Construction in Wears Valley! Views of Cove Mountain! This 3brm 2.5bath home sits in the Heart of Wears Valley about 1 mile away from Wears Valley Rd. This home brings a open concept with Kitchen, Living room, Master Bed room all on main level. The upstairs will be a loft and 2 brms with a full bath. The Front & Back porch will be the length of the home and will be Covered. This parcel is being surveyed off of 9 acre tract. The 2 acres could be + or - some. Stainless Steel appliances and Engineered hard wood floors. This is a perfect floor plan for a Great permanent home or rental. The lot would be great for horses, garage, etc... Just doesn't get better than this. Minutes from it all and easy access.

Last Agent to Sell the Property

Michael McConnell

Mountain Realty Group License #276103 Listed on: 10/07/2017

Mountain Realty Group

Last Buyer's Agent

Michael Greenberg

House Hunters, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $358

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 2 Acre Lot
  • Property fronts a county road
  • Private Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Home to be built
  • Chalet
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Wood Flooring
  • Mountain Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Additional Features

  • Deck
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$358

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2017
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • Horses: Yes
  • ResoLotFeatures: Level, Private, Wooded
  • Road Frontage Type: County Road
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 499
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 2000.0
  • Architectural Style: Chalet
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Reso Property Condition: To Be Built
  • ResoWindowFeatures: Double Pane Windows
  • Location Tax and Legal New Construction YN: Yes
  • Location Tax and Legal Tax Lot2: 1
  • Location Tax and Legal:Tax Annual Amount: 358.05
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Lot Size Acres: 2.0
  • General Property Information Above Grade Finished Area: 2000.0
  • 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
  • General Property Information View YN2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • Levels:Two: Yes
  • Architectural Style Chalet: Yes
  • Road Frontage Type County Road: Yes
  • Water Source:Well: Yes
  • General Property Information Horse YN2: Yes
  • Property Condition:To Be Built: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s)
  • Street Number Modifier: 2956
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Roof: Composition
  • Acres: 2.0
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame, Log Siding, Wood Siding
  • Patio And Porch Features: Deck
  • Lot Features:Level: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Log Siding: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Private2: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 87120.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 358.05
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2017
Closed on
Aug 20, 2018
Sold by
Williams Ted
Bought by
Dammous Elias and Dammous Marie
Seller's Agent
Michael McConnell
Mountain Realty Group
Buyer's Agent
Michael Greenberg
House Hunters, Inc
List Price
$349,900
Sold Price
$349,900
Current Estimated Value
$855,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,989
Avg. Annual Appreciation
13.51%
Original Mortgage
$297,415
Outstanding Balance
$258,829
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$597,060

Purchase Details

Closed on
Jul 28, 2003
Sold by
Rawlinson Faye S Exec & A
Bought by
Rawlinson Faye S
Source: Public Records

Range of Values:

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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
Dammous Elias $349,900 Smoky Mountain Title
Rawlinson Faye S $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dammous Elias $297,415
Previous Owner Hixson Larry G $268,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2019 11/18/19 Off Market $349,900 -- --
08/20/2018 08/20/18 Sold $349,900 0.0% $175 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
10/07/2017 10/07/17 For Sale $349,900 -- $175 / 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 $3,679 $248,560 $33,280 $215,280
2024 $3,679 $248,560 $33,280 $215,280
2023 $3,679 $248,560 $0 $0
2022 $2,299 $155,350 $20,800 $134,550
2021 $2,299 $155,350 $20,800 $134,550
2020 $1,764 $155,350 $20,800 $134,550
2019 $1,764 $94,850 $21,125 $73,725
2018 $752 $76,650 $21,125 $55,525
2017 $358 $75,725 $21,850 $53,875
2016 $358 $19,250 $19,250 $0
2015 -- $19,250 $0 $0
2014 $314 $19,257 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael McConnell

    Seller's Agent in 2018

    Michael McConnell

    Mountain Realty Group

    156 in this area

    196 Total Sales

    Michael McConnell
    Section Image

  • M

    Buyer's Agent in 2018

    Michael Greenberg

    Realty Executives

See All Agents

Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 212566

Great Smoky Mountains Association of REALTORS®

APN: 124-034.00

Tennessee Sevier County Sevierville 37862

2956 Covemont Rd, Sevierville, TN

This home is located at 2956 Covemont Rd, Sevierville, TN 37862 since 07 October 2017 and is currently estimated at $855,889, approximately $427 per square foot. This property was built in 2017. 2956 Covemont Rd is a home located in Sevier County with nearby schools including Northview Elementary School, Catons Chapel Elementary School, and Jones Cove Elementary School.

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