NOT LISTED FOR SALE

3070 Happy Hollow Rd Sevierville, TN 37862

Estimated Value: $1,929,939

4 Beds
5 Baths
5,720 Sq Ft
$337/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $2,043,122 $357 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $10,816/month

134 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Bonus Room
  • Gatlinburg Pittman High School Rated A-
  • Cathedral Ceiling
  • Furnished

About This Home

As of July 2024

Wrapping Up REMODEL! Sprinkler system! Will be permitted to sleep 20! Projected income of $225k to $275k w/ 32% self managing ROI on 20% down payment // 13% ROI cash on cash! This gorgeous property is currently in the midst of a down to the studs remodel. Redesigned to appeal to the overnight rental market this property features: soaring cathedral ceilings, walls of glass, open kitchen - dining - living room area perfect for entertaining, heated indoor swimming pool, golf simulator, movie and game space, 4 spacious bedrooms, and 5 full bathrooms! Additional sleeping in game room/theater area! A tasteful combination of tongue and groove and drywall paired with modern light and water fixtures create an amazing ambiance that will appeal to a wide variety of guests! Conveniently located in the Wears Valley area, this property is only 15 minutes to Pigeon Forge Parkway and 10 minutes to up and coming Townsend! Easy access to the National Park through Line Springs Rd! You can even make your way to Gatlinburg using back roads to avoid the traffic. Est time of completion is April 2024.

Last Agent to Sell the Property

Deborah Korlin

Century 21 MVP License #293982 Listed on: 01/23/2024

Century 21 MVP

Co-Listed By

Greg Korlin

Century 21 MVP License #324858

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM License #105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,239

Year Built

  • Built in 1996

Lot Details

  • 0.87 Acre Lot
  • Property fronts a county road
  • Property fronts an easement
  • Front and Back Yard Sprinklers

Home Design

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

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Bonus Room
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Cooling Available
  • Heating Available
  • Shared Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Wears Cove Acres Subdivision

Listing and Financial Details

  • Tax Lot 25R
  • Assessor Parcel Number 123 036.20

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,239

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Zoning: R-1
  • CoListOfficeEmail: deborahkorlin@gmail.com
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • ResoPoolFeatures: In Ground
  • Road Frontage Type: County Road, Easement
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 12
  • Co List Office Mls Id: 12
  • Subdivision Name: Wears Cove Acres
  • Above Grade Finished Sq Ft: 2860.0
  • Architectural Style: Log
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • ResoWindowFeatures: Double Pane Windows, Window Treatments
  • Location Tax and Legal New Construction YN: No
  • Location Tax and Legal Parcel Number2: 123 036.20
  • Location Tax and Legal Tax Lot2: 25R
  • Location Tax and Legal:Tax Annual Amount: 1238.76
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Lot Size Acres: 0.87
  • General Property Information Above Grade Finished Area: 2860.0
  • General Property Information Below Grade Finished Area: 2860.0
  • 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
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Log2: 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
  • Levels:Two: Yes
  • Road Frontage Type County Road: Yes
  • Pool Features In Ground: Yes
  • General Property Information:Stories Total: 2
  • General Property Information Fireplace YN: Yes
  • Water Source Shared Well: Yes
  • Road Frontage Type:Easement: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Basement, Finished
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Great Room, Solid Surface Counters
  • Street Number Modifier: 3070
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2860.0
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Solid Surface Counters: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Acres: 0.87
  • Home Warranty: No
  • Construction Type: Frame, Stone, Wood Siding
  • Patio And Porch Features: Covered, Deck
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Covered2: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Stone: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Shared Well
  • HeatingCooling:Electric: Yes
  • Heating:Electric4: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 37897.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 123 036.20
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1238.76
  • Tax Lot: 25R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Jul 12, 2024
Sold by
Elevated Investment Group Llc
Bought by
Law Vol Llc
Seller's Agent
Deborah Korlin
Century 21 MVP
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$2,150,000
Sold Price
$2,043,123
Premium/Discount to List
-$106,877
-4.97%
Views
66
Current Estimated Value
$1,929,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$113,184
Avg. Annual Appreciation
-4.56%
Original Mortgage
$1,464,700
Outstanding Balance
$1,446,799
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$483,140

Purchase Details

Closed on
Apr 8, 2024
Sold by
Elevated Investment Group Llc
Bought by
Elevated Property Partners

Purchase Details

Listed on
Jul 24, 2023
Closed on
Sep 18, 2023
Sold by
Criscoe Arthur H and Criscoe Alma Rivera
Bought by
Elevated Investment Group Llc
Seller's Agent
CAROLE REGISTER
Re/Max Cove Mountain Realty
Buyer's Agent
Niki McGlothin
Realty Executives Smoky Mounta
List Price
$1,043,000
Sold Price
$859,000
Premium/Discount to List
-$184,000
-17.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.85%
Original Mortgage
$687,200
Interest Rate
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2005
Sold by
Kilgo Eva M
Bought by
Criscoe Arthur H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.69%

Purchase Details

Closed on
Sep 2, 1994
Sold by
Darrell Huskey
Bought by
Kilgo Harold L

Purchase Details

Closed on
Jul 22, 1988
Bought by
Huskey Darrell and Huskey Brenda
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
Law Vol Llc $2,043,122 Maryville Title
Elevated Property Partners -- Independence Title & Escrow In
Elevated Investment Group Llc $859,000 Foundation Title & Escrow
Criscoe Arthur H $280,000 --
Kilgo Harold L -- --
Huskey Darrell $27,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Law Vol Llc $1,464,700
Previous Owner Elevated Investment Group Llc $687,200
Previous Owner Huskey Darrell $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2024 07/29/24 Sold $2,043,123 +0.2% $357 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/08/2024 05/08/24 Price Changed $2,039,500 0.0% $357 / Sq Ft
04/17/2024 04/17/24 Price Changed $2,040,000 -1.9% $357 / Sq Ft
04/09/2024 04/09/24 Price Changed $2,080,000 -1.0% $364 / Sq Ft
03/18/2024 03/18/24 Price Changed $2,100,000 -1.2% $367 / Sq Ft
03/06/2024 03/06/24 Price Changed $2,125,000 -1.2% $372 / Sq Ft
01/23/2024 01/23/24 For Sale $2,150,000 +150.3% $376 / Sq Ft
09/22/2023 09/22/23 Sold $859,000 -17.6% $212 / Sq Ft View Prior Sale
08/12/2023 08/12/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $1,043,000 -- $257 / 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 $7,375 $488,920 $24,960 $463,960
2024 $1,239 $83,700 $19,325 $64,375
2023 $1,239 $83,700 $0 $0
2022 $1,239 $83,700 $19,325 $64,375
2021 $1,239 $83,700 $19,325 $64,375
2020 $1,256 $83,700 $19,325 $64,375
2019 $1,256 $67,500 $19,500 $48,000
2018 $1,256 $67,500 $19,500 $48,000
2017 $1,256 $67,500 $19,500 $48,000
2016 $1,256 $67,500 $19,500 $48,000
2015 -- $72,275 $0 $0
2014 $1,178 $72,289 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 268032

Great Smoky Mountains Association of REALTORS®

APN: 123-036.20