NOT LISTED FOR SALE

3129 Lorre Way Sevierville, TN 37862

Estimated Value: $191,060

3.64 Acres
$52,489 Price per Acre
158,558 Sq Ft Lot

Last Sold March 14, 2025

Last sale price $255,000 $125 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $1,018/month

238 Days on Market

Highlights

  • 3.64 Acre Lot
  • No HOA
  • Views

About This Lot

As of March 2025

Amazing and unobstructed mountain views from this wonderful lot in Wears Valley. Close to Pigeon Forge, Gatlinburg and the Great Smoky Mountains. Build your dream home or a high performing rental cabin. Lots of potential with this 3.64 acres. The tract has a 3 bedroom septic installed, well, and driveway in place. Previous cabin was lost in the fire and potential Buyer would need to have all systems inspected to determine viability. The property is being sold and priced ''as-is''. Drone photos were used in this listing.

Last Agent to Sell the Property

The Maloney Team

Prime Mountain Properties License #335706 Listed on: 06/12/2024

Prime Mountain Properties

Last Buyer's Agent

The Maloney Team

Prime Mountain Properties License #335706 Listed on: 06/12/2024

Prime Mountain Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $285

Lot Details

  • 3.64 Acre Lot
  • Irregular Lot

Utilities

  • Well
  • Septic Tank
  • Septic Permit Issued

Additional Features

  • Property Views

Community Details

  • No Home Owners Association
  • Wears Valley Prop Subdivision

Listing and Financial Details

  • Tax Lot 3R
  • Assessor Parcel Number 113 00151 000

Property Details

Property Type

Land

Est. Annual Taxes

$285

Lot Details

3.64 Acres

Listing Details

  • Property Type: Land
  • Zoning: R-1
  • Current Use: Single Family
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Irregular Lot, Views
  • Road Surface Type: Paved
  • Subdivision Name: Wears Valley Prop
  • Reso Other Structures: See Remarks
  • Location Tax and Legal Parcel Number2: 113 00151 000
  • Location Tax and Legal Tax Lot2: 3R
  • Location Tax and Legal:Tax Annual Amount: 284.9
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Lot Size Acres: 3.64
  • Sewer Septic Permit On File: Yes
  • Water Source:Well: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 3129
  • Possible Use: Residential

Exterior Features

  • Acres: 3.64
  • Lot Features:Views: Yes
  • Lot Features:Irregular Lot: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Development Status: See Remarks
  • Lot Size Sq Ft: 158558.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 113 00151 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 284.9
  • Tax Lot: 3R

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Mar 10, 2025
Sold by
Allocco John and Allocco Randi E
Bought by
Lancaster Eric C
Seller's Agent
The Maloney Team
Prime Mountain Properties
Buyer's Agent
The Maloney Team
Prime Mountain Properties
List Price
$299,000
Sold Price
$255,000
Premium/Discount to List
-$44,000
-14.72%
Views
25
Current Estimated Value
$191,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,940
Avg. Annual Appreciation
-24.86%
Original Mortgage
$155,000
Outstanding Balance
$154,219
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$36,841

Purchase Details

Listed on
May 2, 2022
Closed on
Jun 15, 2022
Sold by
Kurtz Diane E
Bought by
Allocco John and Allocco Randi E
Seller's Agent
Christal Franklin
Tennessee Elite Realty
Buyer's Agent
Matthew Maloney
Prime Mountain Properties
List Price
$299,900
Sold Price
$200,000
Premium/Discount to List
-$99,900
-33.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%

Purchase Details

Closed on
Dec 6, 2004
Sold by
Steven Reynolds
Bought by
Kurtz Thomas C

Purchase Details

Closed on
Jul 6, 1995
Bought by
Reynolds Steven and Reynolds Nancy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lancaster Eric C $255,000 Tennessee Land Title
Lancaster Eric C $255,000 Tennessee Land Title
Allocco John $200,000 Tennessee Land Title
Kurtz Thomas C $270,000 --
Reynolds Steven $31,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lancaster Eric C $155,000
Closed Lancaster Eric C $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2025 03/14/25 Sold $255,000 -8.9% $125 / Sq Ft
12/18/2024 12/18/24 Pending -- -- --
09/19/2024 09/19/24 Price Changed $280,000 -3.1% $137 / Sq Ft
07/16/2024 07/16/24 Price Changed $289,000 -3.3% $142 / Sq Ft
06/12/2024 06/12/24 For Sale $299,000 0.0% $147 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $299,000 +49.5% $147 / Sq Ft
09/13/2022 09/13/22 Off Market $200,000 -- --
06/15/2022 06/15/22 Sold $200,000 -33.3% $98 / Sq Ft View Prior Sale
05/27/2022 05/27/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $299,900 -- $147 / Sq Ft
Source: Great Smoky Mountains Association of REALTORS®

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 $285 $19,250 $19,250 --
2024 $285 $19,250 $19,250 --
2023 $285 $19,250 $0 $0
2022 $432 $35,075 $19,250 $15,825
2021 $1,036 $35,075 $19,250 $15,825
2020 $1,036 $84,050 $19,250 $64,800
2019 $1,036 $59,775 $19,250 $40,525
2018 $1,036 $59,775 $19,250 $40,525
2017 $1,036 $59,775 $19,250 $40,525
2016 $1,036 $59,775 $19,250 $40,525
2015 -- $63,575 $0 $0
2014 $1,036 $63,571 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2025

    The Maloney Team

    Prime Mountain Properties

    (865) 719-2755

    67 in this area

    112 Total Sales

    The Maloney Team
    Section Image
  • Christal Franklin

    Seller's Agent in 2022

    Christal Franklin

    Tennessee Elite Realty

    (865) 680-3858

    72 in this area

    120 Total Sales

    Christal Franklin
    Section Image

  • M

    Buyer's Agent in 2022

    Matthew Maloney

    Prime Mountain Properties

    (865) 719-2755

    80 in this area

    139 Total Sales

    Matthew Maloney
    Section Image
See All Agents

Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 300570

Great Smoky Mountains Association of REALTORS®

APN: 113-001.51

Tennessee Sevier County Sevierville 37862

3129 Lorre Way, Sevierville, TN

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Great Smoky Mountains Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed. Copyright 2026 Great Smoky Mountains Association of REALTORS®. All rights reserved.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.