$405,000
SOLD AUG 11, 2017

3004 Wears Overlook Ln Sevierville, TN 37862

3 Beds
3 Baths
3,744 Sq Ft
0.53 Acres

Recently Sold

$108 Per Sq Ft

7% Below List Price

185 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. This beautiful one owner cabin is spectacular and has a very strong consistent rental history. The cabin if 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. 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. 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: 12/06/2016

Last Buyer's Agent

Theresa Norman

Prime Mountain Properties License #334901

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,301

Year Built

  • Built in 2008

Lot Details

  • 0.53 Acre Lot
  • Property fronts a county road

Home Design

  • Log Cabin
  • Frame Construction
  • Composition Roof
  • Log Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Loft
  • Game Room
  • Wood Flooring
  • Mountain Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck
  • Rain Gutters

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Septic Tank
  • Septic Permit Issued
  • 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

$1,301

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 Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoOtherEquipment: Satellite Dish Leased
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 24
  • Subdivision Name: Wears Valley View 1
  • Above Grade Finished Sq Ft: 1872.0
  • 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-2
  • Location Tax and Legal:Tax Annual Amount: 1301.4
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Lot Size Acres: 0.53
  • General Property Information Above Grade Finished Area: 1872.0
  • General Property Information Below Grade Finished Area: 1872.0
  • 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
  • Security Features:Smoke Detector(s): 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: 1
  • Room Types Primary Bedroom Level: 1
  • Road Frontage Type County Road: Yes
  • Sewer Septic Permit On File: Yes
  • Levels Three Or More: Yes
  • Water Source:Well: Yes
  • Room Types Bedroom 3 Level: B
  • Pool Features Hot Tub: Yes
  • Other Equipment Satellite Dish Leased: Yes
  • Room Types Game Room: Yes
  • Room Types Game Room Level: B
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished, Full
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Great Room, Soaking Tub, Walk-In Closet(s), Other
  • Street Number Modifier: 3004
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1872.0
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 16
  • 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
  • Basement Finished: Yes
  • Full Basement: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Acres: 0.53
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame, 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
  • Construction Materials:Frame: Yes

Garage/Parking

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

Utilities

  • Cooling: Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank, Septic Permit On File
  • 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: 2015
  • Tax Annual Amount: 1301.4
  • 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
185
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
-4.76%
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
11.36%
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 Type Sale Price Title Company
Warranty Deed $1,080,000 New Title Company Name
Interfamily Deed Transfer -- None Available
Warranty Deed $405,000 Smoky Mountain Title
Quit Claim Deed -- --
Deed $395,000 --
Warranty Deed $155,000 --
Deed $187,500 --
Deed $136,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $796,921 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $316,000 No Value Available
Previous Owner $39,500 No Value Available
Previous Owner $215,000 No Value Available
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

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 206792

Great Smoky Mountains Association of REALTORS®

APN: 114-005.06