3110 Sourwood Way Sevierville, TN 37862
0.69
Acre
$72,464
Price per Acre
30,056
Sq Ft Lot
Highlights
- Mountain View
- Wooded Lot
- Lot Has A Rolling Slope
- Gatlinburg Pittman High School Rated A-
About This Lot
As of February 2023This lot located in the middle of beautiful Wears Valley is the perfect spot to build your dream cabin to use as a second home or an investment property. The previous home was lost due to a fire in 2016, which means this property has everything you need to build already. Septic and drain-field (inspected in 2018 and approved for 2 bedrooms) already in place, foundation in place and ready to build on, there's even a sign at the end of the driveway! There's also a small pond just across the street and with some clearing a great view! Two bedroom cabins in the area, on rental, are averaging $290-$310 per night.
Last Agent to Sell the Property
Michael Garner
eXp Realty, LLC 7720 Listed on: 08/13/2021
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,649
Lot Details
- 0.69 Acre Lot
- Lot Dimensions are 203x230x103x299
- Property fronts a county road
- Lot Has A Rolling Slope
- Wooded Lot
HOA Fees
- $2 Monthly HOA Fees
Property Views
- Mountain Views
Utilities
- Septic Tank
- Septic Permit Required
Community Details
- Association fees include ground maintenance, roads
- Mike Bunch Association
- Hidden Lake Estates Subdivision
- On-Site Maintenance
Listing and Financial Details
- Tax Lot 23
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 11, 2022
Closed on
Jan 30, 2023
Sold by
Hodo Homes Llc
Bought by
Holloway Mark Thomas and Holloway Marcy Renee
List Price
$599,900
Sold Price
$599,900
Views
25
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.82%
Original Mortgage
$479,494
Outstanding Balance
$467,045
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$107,830
Purchase Details
Listed on
Aug 13, 2021
Closed on
Aug 26, 2021
Sold by
Choate Dale E and Choate Carol Renee
Bought by
Hodo Homes Llc
Seller's Agent
Michael Garner
eXp Realty, LLC 7720
Buyer's Agent
Julie McCoy
eXp Realty, LLC 7720
List Price
$48,500
Sold Price
$50,000
Premium/Discount to List
$1,500
3.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
429.95%
Purchase Details
Listed on
Sep 5, 2017
Closed on
May 4, 2018
Sold by
Oglesbee Nathanael D and Oglesbee Pamela D
Bought by
Choate Dale E and Choate Carol Renee
Seller's Agent
Cheryl Hawkins
RE/MAX Adventure Realty
Buyer's Agent
Michael Garner
RE/MAX Adventure Realty
List Price
$24,900
Sold Price
$20,000
Premium/Discount to List
-$4,900
-19.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.78%
Purchase Details
Closed on
Mar 11, 2016
Sold by
Oglesbee Nathanael O
Bought by
Oglesbee Nathanael O and Oglesbee Pamela D
Purchase Details
Closed on
Sep 6, 2006
Sold by
Oglesbee Nathanael D
Bought by
Oglesbee Nathanael D Trustee
Purchase Details
Closed on
Aug 5, 2004
Sold by
Millard Ashmore
Bought by
Oglesbee Nathanael D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
6.22%
Similar Properties in Sevierville, TN
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $599,900 | Maryville Title | |
| Warranty Deed | $50,000 | Maryville Title Agency Inc | |
| Warranty Deed | $20,000 | Smoky Mountain Title | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $168,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $479,494 | New Conventional | |
| Previous Owner | $134,400 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2025 04/28/25 | Price Changed | $639,900 | -0.8% | $539 / Sq Ft |
| 04/14/2025 04/14/25 | Price Changed | $645,000 | -0.8% | $543 / Sq Ft |
| 03/29/2025 03/29/25 | For Sale | $650,000 | +8.4% | $547 / Sq Ft |
| 02/22/2023 02/22/23 | Sold | $599,900 | 0.0% | $652 / Sq Ft |
| 11/21/2022 11/21/22 | Pending | -- | -- | -- |
| 11/11/2022 11/11/22 | For Sale | $599,900 | +1099.8% | $652 / Sq Ft |
| 11/26/2021 11/26/21 | Off Market | $50,000 | -- | -- |
| 08/27/2021 08/27/21 | Sold | $50,000 | +3.1% | $36 / Sq Ft |
| 08/14/2021 08/14/21 | Pending | -- | -- | -- |
| 08/13/2021 08/13/21 | For Sale | $48,500 | +142.5% | $35 / Sq Ft |
| 08/02/2019 08/02/19 | Off Market | $20,000 | -- | -- |
| 05/04/2018 05/04/18 | Sold | $20,000 | -19.7% | $14 / Sq Ft |
| 04/06/2018 04/06/18 | Pending | -- | -- | -- |
| 09/05/2017 09/05/17 | For Sale | $24,900 | -- | $18 / 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 | $1,649 | $111,440 | $7,200 | $104,240 |
| 2023 | $1,649 | $111,440 | $0 | $0 |
| 2022 | $67 | $4,500 | $4,500 | $0 |
| 2021 | $67 | $4,500 | $4,500 | $0 |
| 2020 | $84 | $4,500 | $4,500 | $0 |
| 2019 | $84 | $4,500 | $4,500 | $0 |
| 2018 | $84 | $4,500 | $4,500 | $0 |
| 2017 | $84 | $4,500 | $4,500 | $0 |
| 2016 | $657 | $35,325 | $4,500 | $30,825 |
| 2015 | -- | $39,025 | $0 | $0 |
| 2014 | $636 | $39,030 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Zeke Goodman
Seller's Agent in 2025
Zeke Goodman
eXp Realty, LLC 7720
(888) 519-5113
95 in this area
130 Total Sales
-
M
Seller's Agent in 2021
Michael Garner
eXp Realty, LLC 7720
-
Julie McCoy
J
Buyer's Agent in 2021
Julie McCoy
eXp Realty, LLC 7720
(615) 568-6195
131 in this area
194 Total Sales
-
Cheryl Hawkins
Seller's Agent in 2018
Cheryl Hawkins
RE/MAX
(877) 446-7355
162 in this area
240 Total Sales
Map
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 244460
APN: 104N-C-020.00
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