NOT LISTED FOR SALE

3002 Wears Overlook Ln Sevierville, TN 37862

Estimated Value: $578,560 - $900,000

2 Beds
2 Baths
1,820 Sq Ft
$406/Sq Ft Est. Value

Last Sold December 04, 2015

Last sale price $310,000 $170 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $4,243/month

106 Days on Market

Highlights

  • Pool and Spa
  • Mountain View
  • Cathedral Ceiling
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of December 2015

WOW! What a cabin. This beautiful cabin is literally like new. One owner, never on rental, never smoked-in, not even a pet has been in this cabin. The hickory floors are like new. The cabin if full of upgraded features throughout. One of the best views in the Smokies. This 2 bedroom 2 bath cabin offers absolutely stunning views. The 2 bedrooms are suites offering private baths. The great room has a beautiful floor to ceiling stone fireplace and a wall of glass to take advantage of the spectacular view of the Smokies and Wears Valley. There is even an opportunity to add significant square footage in the lower level. Currently unfinished and only accessible through an exterior door however owner had plans to add interior stairs and finish the lower level. Two levels of large covered decks. I have seen many cabins however this is one of the cleanest well maintained cabins I have seen. Oh and did I mention the spectacular VIEW. Take a look, the view will leave you speechless.

Last Agent to Sell the Property

Harold Ellison

Re/Max Cove Mountain Realty License #308509 Listed on: 07/07/2015

Last Buyer's Agent

Harold Ellison

Re/Max Cove Mountain Realty License #308509 Listed on: 07/07/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $916

Year Built

  • Built in 2007

Lot Details

  • 0.53 Acre Lot
  • Property fronts a county road

Home Design

  • Log Cabin
  • Composition Roof
  • Log Siding

Interior Spaces

  • 1,820 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Loft
  • Wood Flooring
  • Mountain Views

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck
  • Rain Gutters

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Water Purifier
  • Septic Tank
  • Septic Permit Required
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Wears Valley View 1 Subdivision

Listing and Financial Details

  • Tax Lot 2A-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$916

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Zoning: Residential
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoOtherEquipment: Satellite Dish Leased
  • Co List Office Mls Id: 24
  • Subdivision Name: Wears Valley View 1
  • Above Grade Finished Sq Ft: 1820.0
  • Architectural Style: Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Three Or More
  • ResoWindowFeatures: Double Pane Windows, Window Treatments
  • Location Tax and Legal Tax Lot2: 2A-1
  • Location Tax and Legal:Tax Annual Amount: 916.47
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Lot Size Acres: 0.53
  • General Property Information Above Grade Finished Area: 1820.0
  • General Property Information Below Grade Unfinished Area: 910.0
  • General Property Information Bonus Room YN2: No
  • General Property Information:Furnished: Furnished
  • 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 Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Log2: Yes
  • Flooring Wood: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Land Features View Mountains: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Great Room: Yes
  • Room Types Great Room Level: 1
  • Room Types Loft: Yes
  • Room Types Loft Level: 2
  • Room Types Primary Bedroom Level: 1
  • Road Frontage Type County Road: Yes
  • Levels Three Or More: Yes
  • Water Source:Well: Yes
  • Pool Features Hot Tub: Yes
  • Sewer Septic Permit Not Found: Yes
  • Other Equipment Satellite Dish Leased: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Exterior Entry, Full
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer, Water Purifier
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Great Room, Soaking Tub, Walk-In Closet(s)
  • Street Number Modifier: 3002
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement:Basement2: Yes
  • Full Basement: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Range Hood: Yes
  • Basement:Exterior Entry: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Water Purifier: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Acres: 0.53
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log Siding
  • Patio And Porch Features: Deck
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Log Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Paved, Private
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Private3: Yes

Utilities

  • Cooling: Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank, Septic Permit Not Found
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • HeatingCooling:Electric: 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: 23086.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 916.47
  • Tax Lot: 2A-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2020
Sold by
Lopez Kelly Ann and Kelly Ann Lopez Revocable Livi
Bought by
Torres Guillermo
Total Days on Market
106
Current Estimated Value
$739,280

Purchase Details

Closed on
Feb 25, 2016
Sold by
Lopez Kelly Ann
Bought by
Lopez Kelly Ann Trustee

Purchase Details

Listed on
Jul 7, 2015
Closed on
Dec 3, 2015
Sold by
Hewett James C
Bought by
Lopez Kelly Ann
Seller's Agent
Harold Ellison
Re/Max Cove Mountain Realty
Buyer's Agent
Harold Ellison
Re/Max Cove Mountain Realty
List Price
$329,900
Sold Price
$310,000
Premium/Discount to List
-$19,900
-6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$210,000
Interest Rate
2.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2007
Sold by
Alan Lunsford
Bought by
Hewett James C

Purchase Details

Closed on
Dec 22, 2006
Bought by
Lunsford Alan
Source: Public Records

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Range of Values:

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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
Torres Guillermo $349,000 None Available
Lopez Kelly Ann Trustee -- --
Lopez Kelly Ann $310,000 --
Hewett James C $365,000 --
Lunsford Alan $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Guillermo $100,000
Previous Owner Lopez Kelly Ann $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2021 03/04/21 Off Market $310,000 -- --
12/04/2015 12/04/15 Sold $310,000 -6.0% $170 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $329,900 -- $181 / 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
2024 $1,309 $88,450 $11,250 $77,200
2023 $1,309 $88,450 $0 $0
2022 $1,309 $88,450 $11,250 $77,200
2021 $1,309 $88,450 $11,250 $77,200
2020 $1,312 $88,450 $11,250 $77,200
2019 $1,312 $70,525 $11,250 $59,275
2018 $1,312 $70,525 $11,250 $59,275
2017 $1,312 $70,525 $11,250 $59,275
2016 $1,312 $70,525 $11,250 $59,275
2015 -- $56,225 $0 $0
2014 $917 $56,237 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 197636

Great Smoky Mountains Association of REALTORS®

APN: 114-005.22