NOT LISTED FOR SALE

3004 Wears Overlook Ln Sevierville, TN 37862

Estimated Value: $939,272

3 Beds
3 Baths
2,808 Sq Ft
$334/Sq Ft Est. Value

Last Sold July 27, 2022

Last sale price $1,080,000 $385 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $5,480/month

25 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 July 2022

WOW! What a cabin, what a view! This beautiful two owner cabin is spectacular and has a strong consistent rental history. Cabins with this big view rarely become available. The cabin is full of upgraded features throughout with one of the best views in the Smokies. This 3 bedroom 3 bath cabin offers absolutely stunning views. Two of the three bedrooms are suites offering private baths. Sleeps up to 14 guests. 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. Multiple living spaces, game room, theater room, 3 lounge areas, and the list continues. Two levels of large decks. Easy access and outstanding location. Oh, 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: 05/18/2022

Last Buyer's Agent

SHARON MYERS

RECIPROCAL OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,265

Year Built

  • Built in 2008

Lot Details

  • 0.53 Acre Lot

Home Design

  • Cabin
  • Composition Roof
  • Log Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Loft
  • Bonus Room
  • Game Room
  • Utility Room
  • Washer
  • Wood Flooring
  • Mountain Views
  • Finished Basement
  • Partial Basement
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Outdoor Features

  • Pool and Spa
  • Deck
  • Rain Gutters

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Well
  • Water Purifier
  • Septic Tank
  • Septic Permit Required
  • High Speed Internet
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Wears Valley View 1 Subdivision

Listing and Financial Details

  • Tax Lot 2A-2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,265

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Zoning: Residential
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoOtherEquipment: Satellite Dish Leased
  • ResoSecurityFeatures: Security System
  • Co List Office Mls Id: 24
  • Subdivision Name: Wears Valley View 1
  • Above Grade Finished Sq Ft: 1436.0
  • Architectural Style: Cabin
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Three Or More
  • ResoWindowFeatures: Window Treatments
  • Location Tax and Legal Tax Lot2: 2A-2
  • Location Tax and Legal:Tax Annual Amount: 1265.27
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.53
  • General Property Information Above Grade Finished Area: 1436.0
  • General Property Information Below Grade Finished Area: 1372.0
  • General Property Information Bonus Room YN2: Yes
  • 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 Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Cooling:Central Air: 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 Dining Room: Yes
  • Room Types Dining Room Level: 1
  • Room Types Great Room: Yes
  • Room Types Great Room Level: 1
  • 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: B
  • Security Features:Security System: Yes
  • Levels Three Or More: Yes
  • Water Source:Well: Yes
  • Room Types Bedroom 3 Level: B
  • Pool Features Hot Tub: Yes
  • Sewer Septic Permit Not Found: Yes
  • Cooling:Zoned: Yes
  • Other Equipment Satellite Dish Leased: Yes
  • Room Types Game Room: Yes
  • Room Types Game Room Level: B
  • Room Types Den: Yes
  • Room Types Den Level: B
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished, Partial
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Water Purifier
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Great Room, High Speed Internet, Soaking Tub, Walk-In Closet(s)
  • Street Number Modifier: 3004
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1372.0
  • Fireplace Features: Gas Log
  • Total Bedrooms: 22
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Water Purifier: Yes
  • Basement:Partial: 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:Window Treatments: Yes
  • Construction Materials:Log Siding: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Zoned
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank, Septic Permit Not Found
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 23086.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1265.27
  • Tax Lot: 2A-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jul 26, 2022
Sold by
Miller Johanna M
Bought by
Hinson Melvin and Hinson Ldean
Seller's Agent
Harold Ellison
Re/Max Cove Mountain Realty
Buyer's Agent
SHARON MYERS
RECIPROCAL OFFICE
List Price
$999,000
Sold Price
$1,080,000
Premium/Discount to List
$81,000
8.11%
Total Days on Market
25
Current Estimated Value
$939,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$140,728
Avg. Annual Appreciation
-4.75%
Original Mortgage
$796,921
Outstanding Balance
$767,407
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$171,865

Purchase Details

Closed on
Sep 25, 2019
Sold by
Miller Johanna
Bought by
Miller Johanna M and Johanna M Miller Revocable Trust

Purchase Details

Listed on
Dec 6, 2016
Closed on
Aug 10, 2017
Sold by
Italiaaander Scott
Bought by
Miller Johanna
Seller's Agent
Harold Ellison
Re/Max Cove Mountain Realty
Buyer's Agent
Theresa Norman
Prime Mountain Properties
List Price
$435,000
Sold Price
$405,000
Premium/Discount to List
-$30,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%
Original Mortgage
$200,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2016
Sold by
Hoffman Jody
Bought by
Italiaander Scott

Purchase Details

Closed on
Jun 13, 2008
Sold by
Alan Lunsford
Bought by
Scott Italiaander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.38%

Purchase Details

Closed on
Dec 22, 2006
Bought by
Lunsford Alan

Purchase Details

Closed on
Apr 21, 2006
Sold by
Watson James A
Bought by
Miller Michael F

Purchase Details

Closed on
Mar 1, 2006
Sold by
Davis Ernest H
Bought by
Watson James A
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
Hinson Melvin $1,080,000 New Title Company Name
Miller Johanna M -- None Available
Miller Johanna $405,000 Smoky Mountain Title
Italiaander Scott -- --
Scott Italiaander $395,000 --
Lunsford Alan $155,000 --
Miller Michael F $187,500 --
Watson James A $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinson Melvin $796,921
Previous Owner Miller Johanna $200,000
Previous Owner Watson James A $316,000
Previous Owner Watson James A $39,500
Previous Owner Lunsford Alan L $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Off Market $1,080,000 -- --
07/27/2022 07/27/22 Sold $1,080,000 -1.8% $385 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/02/2022 06/02/22 Price Changed $1,100,000 +10.1% $392 / Sq Ft
06/02/2022 06/02/22 For Sale $999,000 0.0% $356 / Sq Ft
05/21/2022 05/21/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $999,000 +146.7% $356 / Sq Ft
11/09/2018 11/09/18 Off Market $405,000 -- --
08/11/2017 08/11/17 Sold $405,000 -6.9% $108 / Sq Ft
06/09/2017 06/09/17 Pending -- -- --
12/06/2016 12/06/16 For Sale $435,000 -- $116 / 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 $2,723 $184,000 $15,000 $169,000
2023 $2,723 $184,000 $0 $0
2022 $1,702 $115,000 $9,375 $105,625
2021 $1,702 $115,000 $9,375 $105,625
2020 $1,265 $115,000 $9,375 $105,625
2019 $1,265 $68,025 $9,950 $58,075
2018 $1,265 $68,025 $9,950 $58,075
2017 $1,265 $68,025 $9,950 $58,075
2016 $1,265 $68,025 $9,950 $58,075
2015 -- $69,225 $0 $0
2014 $1,128 $69,218 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Harold Ellison

    Seller's Agent in 2022

    Harold Ellison

    RE/MAX

    (865) 599-5407

    75 in this area

    99 Total Sales

    Harold Ellison
    Section Image

  • S

    Buyer's Agent in 2022

    SHARON MYERS

    RECIPROCAL OFFICE

  • L

    Buyer's Agent in 2022

    Lisa Monroe

    The Real Estate Firm, Inc.

    (865) 300-6024

    3 in this area

    33 Total Sales

    Section Image

  • T

    Buyer's Agent in 2017

    Theresa Norman

    Prime Mountain Properties

    (610) 457-6819

    11 in this area

    22 Total Sales

    Theresa Norman
    Section Image
See All Agents

Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 249540

Great Smoky Mountains Association of REALTORS®

APN: 114-005.06

Tennessee Sevier County Sevierville 37862

3004 Wears Overlook Ln, Sevierville, TN

This home is located at 3004 Wears Overlook Ln, Sevierville, TN 37862 since 18 May 2022 and is currently estimated at $939,272, approximately $334 per square foot. This property was built in 2008. 3004 Wears Overlook Ln 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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