Seller's Agent in 2022
Jay Fradd
Smoky Mountain Real Estate Cor
(865) 809-8600
29 in this area
51 Total Sales
3049 Brothers Way Sevierville, TN 37862
Estimated Value: $444,223
1
Bed
1.5
Baths
1,200
Sq Ft
$370/Sq Ft
Est. Value
Highlights
- Gated Community
- Deck
- Private Lot
- Gatlinburg Pittman High School Rated A-
- Seasonal View
- Wood Flooring
About This Home
As of October 2022You've found the quintessential "cabin in the woods". The cabin, "Dancing Bear", is what many envision as the ideal cabin getaway when visiting our area. It sits on 0.65 private, treed acres within Brothers Cove Resort. The resort is a gated community with covered bridge, community swimming pool, banquet facility, and ideal for wedding featured in several magazines as one of the best destination wedding facilities. The cabin itself shines as the custom woodwork and design creates a wonderful cabin feel. The main level offers the kitchen, family room (with fireplace with locally sourced stone), dining area, half bath, and washer/dryer. Along with a wonderfully private deck off the rear of the cabin. Upstairs offers a full bath, bedroom, and extra bonus room currently used as a bedroom. Both rooms upstairs offer a fireplace and access to a large deck overlooking the serenity of the Smoky Mountains. The cabin has been lovingly cared for and maintained by the current owners as a second home for more than a decade. So it doesn't have the typical wear and tear from the operations of a short term rental cabin. However, the property is perfectly setup as an overnight rental and should excel as a short term rental. The cabin can be self managed or use any management company a new owner desires, adding flexibility in ownership. The current owners have completed numerous updates including a new metal roof in May 2021. The owners have certainly lovingly cared for the property and have it decorated exceptionally well. With the property being a second home, access is easy to view and show the property. Take a look at the cabin today - it's a short (less than 10 mile) scenic drive from Light #3 on the Parkway in Pigeon Forge. The subdivision is one of the few well located resorts that truly feels like you are in a mountain environment. Offering a beautiful drive by scenic farms with mountain backdrops and once you enter the subdivision are greeted by beautiful covered bridges, a gated entrance, wooded mountain environment, and a community pool area with tremendous mountain views.
Last Agent to Sell the Property
Smoky Mountain Real Estate Cor License #313792 Listed on: 09/05/2022
Last Buyer's Agent
Ronald Templeton
eXp Realty, LLC 7765 License #364554
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $519
Year Built
- Built in 1999
Lot Details
- 0.65 Acre Lot
- Property fronts a private road
- Private Lot
HOA Fees
- $180 Monthly HOA Fees
Home Design
- Log Cabin
- Metal Roof
- Wood Siding
- Log Siding
Interior Spaces
- 1,200 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Double Pane Windows
- Window Treatments
- Living Room
- Dining Room
- Bonus Room
- Wood Flooring
- Seasonal Views
- Partial Basement
- Fire and Smoke Detector
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- Primary bedroom located on second floor
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Covered patio or porch
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Private Water Source
- Septic Tank
- Septic Permit Issued
Listing and Financial Details
- Tax Lot 8
Community Details
Overview
- Association fees include roads
- Brothers Cove HOA
- Brothers Cove Subdivision
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 5, 2022
Closed on
Oct 11, 2022
Sold by
Rinder Stephen
Bought by
Yusupov David
Seller's Agent
Jay Fradd
Smoky Mountain Real Estate Cor
Buyer's Agent
Ronald Templeton
eXp Realty, LLC 7765
List Price
$474,900
Sold Price
$447,000
Premium/Discount to List
-$27,900
-5.87%
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
-$2,777
Avg. Annual Appreciation
-0.23%
Original Mortgage
$357,600
Outstanding Balance
$345,392
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$98,831
Purchase Details
Closed on
Jun 15, 2011
Sold by
Federal National Mortgage Association
Bought by
Rinder Stephen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,920
Interest Rate
4.63%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 24, 2011
Sold by
Oneill William M
Bought by
Federal National Mtg Associati
Purchase Details
Closed on
Jan 26, 2006
Sold by
Philip Breeding
Bought by
O'Neill William M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,900
Interest Rate
5.75%
Purchase Details
Closed on
Nov 13, 2003
Sold by
Sandra Mullins
Bought by
Philip Breeding
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.75%
Purchase Details
Closed on
Mar 29, 1999
Sold by
Yeager Steven K
Bought by
Sandra Mullins
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 |
|---|---|---|---|
| Yusupov David | $447,000 | Smoky Mountain Title | |
| Rinder Stephen | $99,900 | -- | |
| Federal National Mtg Associati | $196,225 | -- | |
| O'Neill William M | $234,900 | -- | |
| Philip Breeding | $162,500 | -- | |
| Sandra Mullins | $147,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Yusupov David | $357,600 | |
| Previous Owner | Rinder Stephen | $79,920 | |
| Previous Owner | Oneill William M | $240,000 | |
| Previous Owner | Sandra Mullins | $234,900 | |
| Previous Owner | Sandra Mullins | $130,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/23/2023 01/23/23 | Off Market | $447,000 | -- | -- |
| 10/24/2022 10/24/22 | Sold | $447,000 | -5.9% | $373 / Sq Ft |
| 09/15/2022 09/15/22 | Pending | -- | -- | -- |
| 09/06/2022 09/06/22 | For Sale | $474,900 | -- | $396 / 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 |
|---|---|---|---|---|
| 2024 | $710 | $47,975 | $6,000 | $41,975 |
| 2023 | $710 | $47,975 | $0 | $0 |
| 2022 | $710 | $47,975 | $6,000 | $41,975 |
| 2021 | $710 | $47,975 | $6,000 | $41,975 |
| 2020 | $519 | $47,975 | $6,000 | $41,975 |
| 2019 | $519 | $27,925 | $6,000 | $21,925 |
| 2018 | $519 | $27,925 | $6,000 | $21,925 |
| 2017 | $519 | $27,925 | $6,000 | $21,925 |
| 2016 | $519 | $27,925 | $6,000 | $21,925 |
| 2015 | -- | $30,050 | $0 | $0 |
| 2014 | $490 | $30,045 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jay Fradd
-
R
Buyer's Agent in 2022
Ronald Templeton
eXp Realty, LLC 7765
Map
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 253772
APN: 112D-A-008.00
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