NOT LISTED FOR SALE

3112 Cove Creek Way Sevierville, TN 37862

Estimated Value: $417,000 - $462,000

1 Bed
1 Bath
768 Sq Ft
$563/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $279,900 $364 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,483/month

114 Days on Market

Highlights

  • 1 Acre Lot
  • Ranch Style House
  • Wood Flooring
  • Gatlinburg Pittman High School Rated A-
  • Cathedral Ceiling
  • Central Heating

About This Home

As of March 2021

Buyer financing fell through. 'Making Memories' cabin has everything you could want in a mountain retreat, including a secure, wooded location nestled in the Smokies, a fire pit for roasting s'mores, a private deck with a hot tub and only 4 miles to the heart of Pigeon Forge! Inside, you'll be greeted with all the necessary amenities and cozy lodge decor. The best part about Making Memories is a successful income producing track record of $32,000 Gross rental income per year for 2018, 2019 and is on track to do over $32,000 in 2020 (On a 90/10 percent). Sale comes with $10,000 transferable in rentals from time of listing. Entertainment won't be an issue, as the home is equipped with a 55-inch 4K curved Smart TV, DirecTV, a DVD player and a 2-person arcade game table with 57+ classic games like Ms. Pac-Man, Frogger, Donkey Kong, Galaga and more! If you'd rather spend your vacation unplugged, relish in the serenity of the heart-shaped jacuzzi tub or curl up next to the gas fireplace with a good book. The private deck provides another fantastic spot to unwind, with lush woodland views and a charcoal grill for afternoon BBQs! The fully equipped kitchen is well stocked with all the essentials, allowing you to whip up tasty recipes when you don't want to eat out. When you're ready to call it a night, the plush king bed promises a restful slumber for the heads of the household, while the twin-over-full bunk bed is a great choice for siblings or children. Don't miss out as inventory is low and this one will go fast!

Last Agent to Sell the Property

Ralph Harvey

Listwithfreedom.com License #338742 Listed on: 10/05/2020

Listwithfreedom.com

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

  • $416

Year Built

  • Built in 2007

Lot Details

  • 1 Acre Lot
  • Property is zoned R-2

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 768 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Wood Flooring
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating
  • Heating System Uses Propane
  • Heat Pump System
  • Private Water Source
  • Septic Tank
  • Septic Permit Issued

Community Details

  • Cove Creek Owners Association
  • Cove Creek Hollow Subdivision

Listing and Financial Details

  • Tax Lot 3R4

Home Details

Home Type

Single Family

Est. Annual Taxes

$416

Year Built

Built in 2007

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Zoning: R-2
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Reso Association Amenities: Other
  • Co List Office Mls Id: 607
  • Subdivision Name: Cove Creek Hollow
  • Above Grade Finished Sq Ft: 768.0
  • Architectural Style: Ranch
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Tax Lot2: 3R4
  • Location Tax and Legal:Tax Annual Amount: 415.71
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 1.0
  • General Property Information Above Grade Finished Area: 768.0
  • 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 Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Sewer Septic Permit On File: Yes
  • Water Source Private6: Yes
  • Levels:One: Yes
  • Architectural Style Ranch2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s)
  • Street Number Modifier: 3112
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Roof: Metal
  • Acres: 1.0
  • Home Warranty: No
  • Construction Type: Log
  • Construction Materials:Log: Yes
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Heating: Central, Electric, Heat Pump, Propane
  • Sewer: Septic Tank, Septic Permit On File
  • HeatingYN: Yes
  • Water Source: Private
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane: Yes

Condo/Co-op/Association

  • Association Fee: 25.0
  • Association Fee Frequency: Monthly
  • Association Name: Cove Creek Owners Association
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 415.71
  • Tax Lot: 3R4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2020
Closed on
Mar 1, 2021
Sold by
Shedd Toby J and Shedd Alisha P
Bought by
Guy Ashley and Guy Jered
Seller's Agent
Ralph Harvey
Listwithfreedom.com
Buyer's Agent
Julie McCoy
eXp Realty, LLC 7720
List Price
$279,900
Sold Price
$279,900
Current Estimated Value
$432,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,481
Avg. Annual Appreciation
10.29%
Original Mortgage
$237,915
Interest Rate
2.7%
Mortgage Type
New Conventional
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
Guy Ashley $279,900 Maryville Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guy Ashley $270,750
Closed Guy Ashley $237,915
Closed Guy Ashley $237,915
Previous Owner Shedd Toby J $76,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Off Market $279,900 -- --
03/15/2021 03/15/21 Off Market $279,900 -- --
03/02/2021 03/02/21 Sold $279,900 0.0% $364 / Sq Ft
10/05/2020 10/05/20 For Sale $279,900 +193.1% $364 / Sq Ft
09/03/2016 09/03/16 Off Market $95,500 -- --
06/05/2013 06/05/13 Sold $95,500 -3.5% $136 / Sq Ft
04/26/2013 04/26/13 Pending -- -- --
01/24/2013 01/24/13 For Sale $99,000 -- $141 / 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
2024 $1,218 $82,320 $9,320 $73,000
2023 $1,218 $82,320 $0 $0
2022 $761 $51,450 $5,825 $45,625
2021 $761 $51,450 $5,825 $45,625
2020 $416 $51,450 $5,825 $45,625
2019 $416 $22,350 $5,825 $16,525
2018 $416 $22,350 $5,825 $16,525
2017 $416 $22,350 $5,825 $16,525
2016 $416 $22,350 $5,825 $16,525
2015 -- $22,550 $0 $0
2014 $368 $22,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ralph Harvey

    Seller's Agent in 2021

    Ralph Harvey

    Listwithfreedom.com

    (855) 456-4945

    55 in this area

    10,988 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    Julie McCoy

    eXp Realty, LLC 7720

    (615) 568-6195

    127 in this area

    190 Total Sales

    Section Image
  • Deborah Korlin

    Seller's Agent in 2013

    Deborah Korlin

    Century 21 MVP

    (865) 806-0995

    258 in this area

    398 Total Sales

    Section Image
  • Marcee Merritt

    Buyer's Agent in 2013

    Marcee Merritt

    Century 21 MVP

    (865) 617-5578

    20 in this area

    137 Total Sales

    Section Image
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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 230547

Great Smoky Mountains Association of REALTORS®

APN: 104-007.08-004

Tennessee Sevier County Sevierville 37862

3112 Cove Creek Way, Sevierville, TN

This home is located at 3112 Cove Creek Way, Sevierville, TN 37862 since 05 October 2020 and is currently estimated at $432,381, approximately $562 per square foot. This property was built in 2007. 3112 Cove Creek Way is a home located in Sevier County with nearby schools including Northview Elementary School, Catons Chapel Elementary School, and Jones Cove Elementary School.

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