NOT LISTED FOR SALE

3121 Lorre Way Sevierville, TN 37862

Estimated Value: $289,691 - $298,000

3.15 Acres
$93,284 Price per Acre
137,214 Sq Ft Lot

Last Sold October 14, 2022

Last sale price $290,000 $95 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,579/month

72 Days on Market

About This Lot

As of October 2022

Here is an opportunity. This outstanding property was a magnificent estate unfortunately destroyed in the Hatcher Mountain Fire. Seller searched for a long time for just the right spot to build his Smoky Mountain retreat. This special property was chosen due to the privacy, and spectacular views of Wears Valley. Seller has invested a tremendous amount in hardscape which is certainly useable. From Many tons of flat mountain stone walkways to landscape boulders, pavers, concrete driveway, custom fabricated gate, fence, railing, its all useable. The inground pool is also useable and can be the anchor for new construction. There were actually two livable structures built on the property. The large primary cabin was 3 levels, the custom barn had a beautiful apartment and was 1 bedroom with a bunkroom. The well with pump, and a septic systems will need to be inspected by the Buyer to make sure that damage did not occur during the fires. This infrastructure has not been inspected since the fire. The property is scheduled to have debris removed. VARIOUS PHOTOS INCLUDING DRONE PHOTOS ARE USED TO SHOW THE PROPERTY PRE-FIRE AND GIVE AN IDEA OF WHAT COULD BE. THERE ARE NO BUILDINGS REMAINING ON THE PROPERTY,

Last Agent to Sell the Property

Harold Ellison

Re/Max Cove Mountain Realty License #308509 Listed on: 05/31/2022

Last Buyer's Agent

Harold Ellison

Re/Max Cove Mountain Realty License #308509 Listed on: 05/31/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,940

Lot Details

  • 3.15 Acre Lot

Utilities

  • Well
  • Septic Tank
  • Septic Permit Issued

Community Details

  • No Home Owners Association
  • Wears Valley Prop Subdivision

Listing and Financial Details

  • Tax Lot 4-R

Property Details

Property Type

Land

Est. Annual Taxes

$1,940

Lot Details

0

Listing Details

  • Property Type: Land
  • Zoning: Residential
  • Reso Property Sub Type: Unimproved Land
  • Co List Office Mls Id: 24
  • Subdivision Name: Wears Valley Prop
  • Location Tax and Legal Tax Lot2: 4-R
  • Location Tax and Legal:Tax Annual Amount: 1940.0
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 3.15
  • Sewer Septic Permit On File: Yes
  • Water Source:Well: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 3121
  • Possible Use: Residential, Single Family

Exterior Features

  • Acres: 3.15

Utilities

  • Sewer: Septic Tank, Septic Permit On File
  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 137214.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1940.0
  • Tax Lot: 4-R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2025
Sold by
Leon Miguel and Leon Daisy
Bought by
Carroll Rhonda
Current Estimated Value
$293,846

Purchase Details

Listed on
May 31, 2022
Closed on
Oct 14, 2022
Sold by
Retchin Blair
Bought by
Leon Miguel and Leon Daisy
Seller's Agent
Harold Ellison
Re/Max Cove Mountain Realty
Buyer's Agent
Harold Ellison
Re/Max Cove Mountain Realty
List Price
$314,900
Sold Price
$290,000
Premium/Discount to List
-$24,900
-7.91%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.44%

Purchase Details

Closed on
Jan 5, 2016
Sold by
Retchin Blair and Retchin Monica
Bought by
Retchin Blair

Purchase Details

Closed on
May 9, 2002
Sold by
Debevec Edward J
Bought by
Blair Retchin
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Carroll Rhonda $320,000 Smoky Mountain Title
Leon Miguel $290,000 Tennessee Land Title
Retchin Blair -- --
Retchin Blair -- --
Blair Retchin $55,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2023 01/13/23 Off Market $290,000 -- --
10/14/2022 10/14/22 Sold $290,000 -7.9% $95 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $314,900 -- $104 / 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 $255 $17,200 $17,200 --
2024 $255 $17,200 $17,200 --
2023 $255 $17,200 $0 $0
2022 $851 $57,525 $17,200 $40,325
2021 $2,701 $57,525 $17,200 $40,325
2020 $1,941 $182,500 $17,200 $165,300
2019 $1,941 $104,350 $17,200 $87,150
2018 $1,941 $104,350 $17,200 $87,150
2017 $1,941 $104,350 $17,200 $87,150
2016 $1,941 $104,350 $17,200 $87,150
2015 -- $106,325 $0 $0
2014 $1,733 $106,308 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 249856

Great Smoky Mountains Association of REALTORS®

APN: 113-001.52