NOT LISTED FOR SALE

305 Murphy Farm Way Sevierville, TN 37876

Estimated Value: $460,000 - $472,544

3 Beds
2 Baths
1,769 Sq Ft
$264/Sq Ft Est. Value

Last Sold July 03, 2020

Last sale price $306,000 $173 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,578/month

41 Days on Market

Highlights

  • New Construction
  • 1.25 Acre Lot
  • No HOA
  • Gatlinburg Pittman High School Rated A-
  • Craftsman Architecture
  • Cooling Available

About This Home

As of July 2020

Amazing opportunity to own a new construction on a over 1 acre lot with utility water just minutes to town. This home will be breaking ground in October. This you chance to pick your colors and own your brand new dream home. Three bedroom 2 bath split floorplan on a beautiful wooded lot in Allenridge estates. Call to discuss options and walk the property. See map in pics lots 2 and 3 are sold. This is a spec home not a custom home. Owner is willing to sell lot without building.

Last Agent to Sell the Property

Jake Cowart

TN Smoky Mtn Realty License #301101 Listed on: 09/25/2019

Last Buyer's Agent

Leslie Vestal

Weichert, REALTORS - Tiger Rea License #268535

Weichert, REALTORS - Tiger Rea

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,151

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1.25 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Attached Carport

Home Design

  • 1,769 Sq Ft Home
  • Home to be built
  • Craftsman Architecture
  • Slab Foundation
  • Composition Roof

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Allenridge Estates Association
  • Allenridge Estate Subdivision

Listing and Financial Details

  • Tax Lot 49

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,151

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Level
  • Road Frontage Type: City Street
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 668
  • Subdivision Name: Allenridge Estate
  • Above Grade Finished Sq Ft: 1769.0
  • Architectural Style: Craftsman
  • New Construction: Yes
  • Reso Property Condition: To Be Built
  • Location Tax and Legal New Construction YN: Yes
  • Location Tax and Legal Tax Lot2: 49
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Lot Size Acres: 1.25
  • General Property Information Above Grade Finished Area: 1769.0
  • 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
  • Appliances Microwave: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Water Source:Public: Yes
  • Utilities:Cable Available: Yes
  • Foundation Details Slab: Yes
  • Architectural Style Craftsman: Yes
  • Property Condition:To Be Built: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range Hood
  • Interior Amenities: High Speed Internet
  • Street Number Modifier: 305
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances:Range Hood: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Acres: 1.25
  • Home Warranty: No
  • Foundation Details: Slab
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Attached Carport
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached Carport: Yes

Utilities

  • Cooling: Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Name: Allenridge Estates
  • Association: No

Lot Info

  • Lot Size Sq Ft: 54450.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Lot: 49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2019
Closed on
Jun 30, 2020
Sold by
Kelch Eric R and Kelch Leslie J
Bought by
Marshall Tye L and Marshall Stephanie F
Seller's Agent
Jake Cowart
TN Smoky Mtn Realty
Buyer's Agent
Leslie Vestal
Weichert, REALTORS - Tiger Rea
List Price
$299,900
Sold Price
$306,000
Premium/Discount to List
$6,100
2.03%
Current Estimated Value
$466,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,272
Avg. Annual Appreciation
8.32%
Original Mortgage
$300,457
Outstanding Balance
$266,920
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$199,352

Purchase Details

Listed on
Sep 25, 2019
Closed on
Jun 19, 2020
Sold by
Kelch Eric R and Kelch Leslei J
Bought by
Arp Neil R
Seller's Agent
Jake Cowart
TN Smoky Mtn Realty
Buyer's Agent
Leslie Vestal
Weichert, REALTORS - Tiger Rea
List Price
$299,900
Sold Price
$306,000
Premium/Discount to List
$6,100
2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,457
Outstanding Balance
$266,920
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$199,352

Purchase Details

Closed on
Jul 23, 2019
Sold by
Nave Nave William M William M and Nave Hunter Kathy
Bought by
Kelch Eric R and Kelch Leslie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 1990
Bought by
Murphy Nave Mary
Source: Public Records

Range of Values:

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Average Value
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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
Marshall Tye L $306,000 Smoky Mountain Title
Arp Neil R $75,000 Heritage Title Agency Inc
Kelch Eric R $425,000 Smoky Mountain Title Inc
Murphy Nave Mary $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Tye L $300,457
Previous Owner Kelch Eric R $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2020 10/03/20 Off Market $306,000 -- --
07/03/2020 07/03/20 Sold $306,000 +2.0% $173 / Sq Ft
09/25/2019 09/25/19 For Sale $299,900 -- $170 / 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 $1,151 $77,800 $14,375 $63,425
2024 $1,151 $77,800 $14,375 $63,425
2023 $1,151 $77,800 $0 $0
2022 $1,151 $77,800 $14,375 $63,425
2021 $1,151 $77,800 $14,375 $63,425
2020 $542 $77,800 $14,375 $63,425
2019 $145 $7,800 $7,800 $0
2018 $145 $7,800 $7,800 $0
2017 $145 $7,800 $7,800 $0
2016 $145 $7,800 $7,800 $0
2015 -- $7,475 $0 $0
2014 $122 $7,469 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jake Cowart

    Seller's Agent in 2020

    Jake Cowart

    TN Smoky Mtn Realty

    (865) 640-0696

    45 in this area

    85 Total Sales

    Jake Cowart
    Section Image
  • Leslie Vestal

    Buyer's Agent in 2020

    Leslie Vestal

    Weichert, REALTORS - Tiger Rea

    (865) 254-2328

    29 Total Sales

    Leslie Vestal
    Section Image
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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 224891

Great Smoky Mountains Association of REALTORS®

APN: 051-058.48

Tennessee Sevier County Sevierville 37876

305 Murphy Farm Way, Sevierville, TN

This home is located at 305 Murphy Farm Way, Sevierville, TN 37876 since 25 September 2019 and is currently estimated at $466,272, approximately $263 per square foot. This property was built in 2020. 305 Murphy Farm Way is a home located in Sevier County with nearby schools including Catons Chapel Elementary School, Jones Cove Elementary School, and Northview Elementary School.

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