NOT LISTED FOR SALE

3107 Lakeview Lodge Dr Sevierville, TN 37862

Estimated Value: $753,774

2 Beds
2 Baths
1,862 Sq Ft
$405/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $525,000 $282 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,483/month

Highlights

  • Pool and Spa
  • Mountain View
  • Cathedral Ceiling
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of December 2020

Amazing opportunity to own a high producing STR in The Preserve in Wears Valley. This cabin has arguably one of the best views in Sevier County. Sure to wow everyone. This rare floor plan comes in at just under 1,900 sqft across three floors. One the main level you will find the full kitchen with Stainless Steel appliances and plenty of cabinet and counter top space. The kitchen leads into the dining area and living room where from any angle, the views will take your breath away. The three brand new over-sized windows make this possible. Living room offers a sleeper sofa, electric fireplace, and large flat screen TV. There is also a full bath on this level. The upstairs is a private space with beautiful Aspen style king bed with an additional futon. Even from this bedroom the views are quite special. The downstairs area in this cabin is a renters dream. The full theater setup with state of the art projector, full surround sound, and 100 canvas screen is sure to entertain guests of all ages for hours. This lower level also features the large master suite with Aspen/Hickory furniture, large flatscreen TV, and full bath with independent stand up shower and large jacuzzi tub. After a long day hiking or braving the crowds at Dollywood, relax on the deck in the hot tub while enjoying the 180 degree mountain views. This cabin is currently being managed at a high level by local rental company under the name Theater In The Sky and is projected to finish 2020 around $70,000 in gross income.

Last Agent to Sell the Property

ANNIE MALONEY

Prime Mountain Properties License #297936 Listed on: 11/03/2020

Prime Mountain Properties

Last Buyer's Agent

Julie McCoy

eXp Realty, LLC 7720 License #350996

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $964

Year Built

  • Built in 2006

Lot Details

  • 3,920 Sq Ft Lot
  • Property fronts a county road

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Log Cabin
  • Tri-Level Property
  • Composition Roof
  • Log Siding
  • Block And Beam Construction
  • Stucco

Interior Spaces

  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Window Treatments
  • Wood Flooring
  • Mountain Views
  • Finished Basement
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Shared Septic
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include insurance, ground maintenance, roads
  • The Preserve HOA Stephanie W Association
  • The Preserve Subdivision
  • On-Site Maintenance

Listing and Financial Details

  • Tax Lot 89

Home Details

Home Type

Single Family

Est. Annual Taxes

$964

Year Built

Built in 2006

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Zoning: R-1
  • 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)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Roads
  • Co List Office Mls Id: 325
  • Subdivision Name: The Preserve
  • Above Grade Finished Sq Ft: 1160.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Tri-Level
  • ResoWindowFeatures: Double Pane Windows, Window Treatments
  • Location Tax and Legal Tax Lot2: 89
  • Location Tax and Legal:Tax Annual Amount: 964.41
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.09
  • General Property Information Above Grade Finished Area: 1160.0
  • General Property Information Below Grade Finished Area: 702.0
  • 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 Cabin2: Yes
  • Architectural Style Log2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: 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
  • Sewer Shared Septic: Yes
  • Levels Tri-Level: Yes
  • Road Frontage Type County Road: Yes
  • Utilities:Cable Available: Yes
  • Water Source Private6: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Finished
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet, Soaking Tub
  • Street Number Modifier: 3107
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 702.0
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement Finished: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Acres: 0.09
  • View: Yes
  • Home Warranty: No
  • Construction Type: Block, Log, Stucco
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Block: Yes
  • Construction Materials:Stucco: 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: Central Air, Electric, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Sewer: Shared Septic
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association Name: The Preserve HOA - Stephanie W
  • Association: No

Association/Amenities

  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes

Lot Info

  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 964.41
  • Tax Lot: 89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2021
Sold by
Tramontana James M and Tramontana Amber M
Bought by
Osprey Rei Llc and 3107 Lakeview Lodge Trust
Current Estimated Value
$753,774

Purchase Details

Listed on
Nov 3, 2020
Closed on
Dec 15, 2020
Sold by
Lorenzetti Don A
Bought by
Tramontana James M and Tramontana Amber M
Seller's Agent
ANNIE MALONEY
Prime Mountain Properties
Buyer's Agent
Julie McCoy
eXp Realty, LLC 7720
List Price
$499,900
Sold Price
$525,000
Premium/Discount to List
$25,100
5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$399,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2013
Closed on
Aug 8, 2013
Sold by
Fortner Tim
Bought by
Lorenzetti Don A and Lorenzetti Cheryl L
Seller's Agent
Deborah Korlin
Century 21 MVP
Buyer's Agent
Jennifer Gustafsson
Walter B Williams Realty Group
List Price
$233,000
Sold Price
$202,500
Premium/Discount to List
-$30,500
-13.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.82%
Original Mortgage
$144,000
Interest Rate
4.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 2011
Sold by
Preserve Tn T
Bought by
Fortner Tim and Fortner Debbie

Purchase Details

Closed on
Jan 20, 2011
Bought by
T Preserve Tn Llc
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
Osprey Rei Llc -- None Available
Tramontana James M $525,000 Maryville Title Agency
Lorenzetti Don A $202,500 --
Fortner Tim $180,000 --
T Preserve Tn Llc $2,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tramontana James M $399,500
Previous Owner Lorenzetti Don A $144,000
Previous Owner Fortner Tim $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2021 02/02/21 Off Market $525,000 -- --
12/15/2020 12/15/20 Sold $525,000 +5.0% $282 / Sq Ft
11/03/2020 11/03/20 For Sale $499,900 +146.9% $268 / Sq Ft
11/07/2016 11/07/16 Off Market $202,500 -- --
08/09/2013 08/09/13 Sold $202,500 -13.1% $111 / Sq Ft
06/06/2013 06/06/13 Pending -- -- --
02/13/2013 02/13/13 For Sale $233,000 -- $128 / 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 $2,598 $175,560 $17,520 $158,040
2024 $2,598 $175,560 $17,520 $158,040
2023 $2,598 $175,560 $0 $0
2022 $1,624 $109,725 $10,950 $98,775
2021 $1,624 $109,725 $10,950 $98,775
2020 $964 $109,725 $10,950 $98,775
2019 $964 $51,850 $10,950 $40,900
2018 $964 $51,850 $10,950 $40,900
2017 $964 $51,850 $10,950 $40,900
2016 $964 $51,850 $10,950 $40,900
2015 -- $65,575 $0 $0
2014 $1,069 $65,568 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 230920

Great Smoky Mountains Association of REALTORS®

APN: 113J-A-089.00