NOT LISTED FOR SALE

3065 Summit Trails Dr Sevierville, TN 37862

Sevierville Area

Estimated Value: $554,264

3.71 Acres
$149,397 Price per Acre
161,608 Sq Ft Lot

Sale Details

Date Sold: December 5, 2022

Last sale price $550,000

Est. 1% increase in value since last sale

Current estimated payment $3,033 / mo

108 Days on Market

Highlights

  • 3.71 Acre Lot
  • Mountainous Lot
  • On-Site Manager or Management
  • Mountain View

About This Lot

As of December 2022

Here is your chance to build your own lodge in the prestigious Summit on Buff Mountain! All mountain homes in this neighborhood have been custom designed, no two are exactly the same! Septic has been approved for a 6 bed with current home plans. Some of the most incredible views can be witnessed from this location!

Last Agent to Sell the Property

Deborah Korlin

Century 21 MVP License #293982 Listed on: 07/07/2022

Century 21 MVP

Co-Listed By

Amber Korlin Brown

Century 21 MVP License #353907

Last Buyer's Agent

Deborah Korlin

Century 21 MVP License #293982 Listed on: 07/07/2022

Century 21 MVP
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $462

Lot Details

  • 3.71 Acre Lot
  • Mountainous Lot

HOA Fees

  • $53 Monthly HOA Fees

Property Views

  • Mountain Views

Utilities

  • Septic Needed
  • Septic Permit Issued
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 27

Community Details

Overview

  • Association fees include ground maintenance
  • The Summit HOA
  • The Summit Subdivision
  • On-Site Maintenance

Security

  • On-Site Manager or Management

Property Details

Property Type

Land

Est. Annual Taxes

$462

Lot Details

3.71 Acres

HOA Fees

$53 per month

Listing Details

  • Property Type: Land
  • Zoning: R-1
  • CoListOfficeEmail: deborahkorlin@gmail.com
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Mountainous
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Reso Association Amenities: Management
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: The Summit
  • Location Tax and Legal Tax Lot2: 27
  • Location Tax and Legal:Tax Annual Amount: 462.5
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Lot Size Acres: 3.71
  • General Property Information View YN2: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Sewer Septic Needed: Yes
  • Sewer None23: Yes
  • Lot Features Mountainous: Yes
  • Septic ApprovedPermit:_four_ Bed: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 3065
  • Possible Use: Residential, Single Family

Exterior Features

  • Acres: 3.71
  • View: Yes

Utilities

  • Sewer: Septic Needed, None
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 630.0
  • Association Fee Frequency: Annually
  • Association Name: The Summit HOA
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Management: Yes

Lot Info

  • Lot Size Sq Ft: 161607.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 462.5
  • Tax Lot: 27

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Dec 2, 2022
Sold by
Cate Matthew and Cate Melissa
Bought by
Seller's Agent
Deborah Korlin
Century 21 MVP
Buyer's Agent
Deborah Korlin
Century 21 MVP
List Price
$675,000
Sold Price
$550,000
Premium/Discount to List
-$125,000
-18.52%
Current Estimated Value
$554,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,264
Avg. Annual Appreciation
0.20%
Original Mortgage
$412,500
Outstanding Balance
$374,913
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$179,351

Purchase Details

Closed on
Nov 23, 2021
Sold by
Sfiga Asset Holdings Llc
Bought by
Cate Matthew and Cate Melissa

Purchase Details

Closed on
Dec 12, 2017
Sold by
Wallace Robert S and Wallace Lori J
Bought by
Sfiga Asset Holdings Llc

Purchase Details

Closed on
May 28, 2010
Sold by
Mountain National Bank
Bought by
Wallace Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,642
Interest Rate
5%

Purchase Details

Closed on
Dec 10, 2007
Bought by
Brannon James

Purchase Details

Closed on
May 14, 2007
Bought by
Bell Margaret Beth and Bell Richard W
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$550,000 Tennessee Land Title
Cate Matthew $350,000 Smoky Mountain Title
Sfiga Asset Holdings Llc $110,000 Tennessee Land Title
Wallace Robert S $135,000 --
Brannon James $570,000 --
Bell Margaret Beth $179,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $412,500
Previous Owner Wallace Robert S $110,642
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/07/2023 03/07/23 Off Market $550,000 -- --
12/05/2022 12/05/22 Sold $550,000 -8.3% --
10/24/2022 10/24/22 Pending -- -- --
10/12/2022 10/12/22 Price Changed $600,000 -7.7% --
07/28/2022 07/28/22 Price Changed $650,000 -3.7% --
07/08/2022 07/08/22 For Sale $675,000 -- --
Source: Great Smoky Mountains Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $463 $31,250 $31,250
2024 $463 $31,250 $31,250
2023 $463 $31,250 $0 $0
2022 $463 $31,250 $31,250 $0
2021 $463 $31,250 $31,250 $0
2020 $581 $31,250 $31,250 $0
2019 $581 $31,250 $31,250 $0
2018 $581 $31,250 $31,250 $0
2017 $581 $31,250 $31,250 $0
2016 $581 $31,250 $31,250 $0
2015 -- $37,500 $0 $0
2014 $611 $37,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 251744

Great Smoky Mountains Association of REALTORS®

APN: 092-066.00

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