NOT LISTED FOR SALE

3143 Sourwood Way Sevierville, TN 37862

Estimated Value: $78,303 - $80,000

0.4 Acre
$197,880 Price per Acre
17,424 Sq Ft Lot

Last Sold May 18, 2021

Last sale price $55,000 $36 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $454/month

1 Day on Market

Highlights

  • Mountain View
  • Pond
  • Level Lot
  • Gatlinburg Pittman High School Rated A-

About This Lot

As of May 2021

Residential lot located in Hidden Lake Estates, just minutes to the Great Smoky Mountain National Park and in the heart of Wears Valley. this nice lot over looks the community pond that boast a fishing dock and stocked pond. This lot had a cabin on it that burned in the 2016 Wildfire, so there is a septic that has not been uncovered or inspected. Easy building shelf is still there are some good mountain views may be possible with no steep road. This subdivision is fantastic for overnight, second home or primary residence. The subdivision map shows lot 31 has a two bedroom septic.

Last Agent to Sell the Property

Kimberly Hazel

Realty Works, LLC License #316947 Listed on: 04/27/2021

Co-Listed By

Melanie Darlin-Gatlin

Realty Works, LLC License #325875

Last Buyer's Agent

Beau Stegall

Century 21 MVP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $89

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 69.73x201.47
  • Property fronts a private road
  • Level Lot

HOA Fees

  • $29 Monthly HOA Fees

Property Views

  • Mountain
  • Seasonal

Utilities

  • Septic Tank
  • Septic Permit Issued
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 104N C 028.00

Community Details

Overview

  • Association fees include roads
  • Hidden Lake Estates Association
  • Hidden Lake Estates Subdivision

Recreation

  • Pond

Property Details

Property Type

Land

Est. Annual Taxes

$89

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Land
  • Zoning: Residential
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Pond on Lot, Level, Rolling Slope
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Reso View: Mountain(s), Seasonal
  • Reso Association Amenities: Other
  • Reso Association Fee Includes: Roads
  • Co List Office Mls Id: 542
  • Co List Office Phone: 865-366-1005
  • Co List Office Mls Id: 542
  • Subdivision Name: Hidden Lake Estates
  • Location Tax and Legal Parcel Number2: 104N C 028.00
  • Location Tax and Legal Tax Lot2: 31
  • Location Tax and Legal:Tax Annual Amount: 11.6
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.4
  • General Property Information View YN2: Yes
  • Land Features View Mountains: Yes
  • View Seasonal: Yes
  • Water Source:Public: Yes
  • Sewer Septic Permit On File: Yes
  • General Property Information Lot Size Dimensions: 69.73X201.47
  • Road Surface Type Gravel2: Yes
  • Road Frontage Type:Private Road: Yes
  • Sewer None23: Yes
  • Septic ApprovedPermit:_two_ Bed: Yes
  • Lot Features Pond On Lot2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 3143
  • Possible Use: Residential, Single Family

Exterior Features

  • Acres: 0.4
  • View: Yes
  • Lot Features:Level: Yes
  • Lot Features:Rolling Slope: Yes

Utilities

  • Sewer: Septic Tank, Septic Permit On File, None
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Annually
  • Association Name: Hidden Lake Estates
  • Association: Yes

Lot Info

  • Lot Dimensions: 69.73X201.47
  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 104N C 028.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 11.6
  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
May 17, 2021
Sold by
Strata Trust Company
Bought by
Stegall Judy K and Stegall Mitchell P
Seller's Agent
Kimberly Hazel
Realty Works, LLC
Buyer's Agent
Beau Stegall
Century 21 MVP
List Price
$55,000
Sold Price
$55,000
Current Estimated Value
$79,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,152
Avg. Annual Appreciation
12.37%

Purchase Details

Listed on
Jun 1, 2018
Closed on
Jan 23, 2019
Sold by
Bryant Joseph P
Bought by
Strata Trust Co and Jose Rocha Ira 30001479
Seller's Agent
Cheryl Hawkins
Remax Adventure Realty
Buyer's Agent
Melanie Hunley
Smokies Investors RE & Auction
Sold Price
$14,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.45%

Purchase Details

Closed on
Mar 24, 2016
Sold by
Hancock Bank And Trust Co
Bought by
Bryant Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2014
Sold by
Smith Roy L
Bought by
Hancock Bank And Trust Co

Purchase Details

Closed on
May 31, 2005
Sold by
Smith Roy L
Bought by
Smith Roy L Trustee

Purchase Details

Closed on
Feb 5, 1999
Sold by
Higgs Danny R and Higgs Margie A
Bought by
Smith Roy L
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
Stegall Judy K $57,000 Professional Title
Strata Trust Co $14,500 Crossland Title Inc
Bryant Joseph P $135,000 --
Hancock Bank And Trust Co $200,000 --
Smith Roy L Trustee -- --
Smith Roy L $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bryant Joseph P $108,000
Previous Owner Smith Roy L $200,000
Previous Owner Smith Roy L $1,304,000
Previous Owner Smith Roy L & Karen L Trustee $610,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Off Market $55,000 -- --
05/18/2021 05/18/21 Sold $55,000 0.0% $36 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $55,000 +279.3% $36 / Sq Ft
02/04/2019 02/04/19 Sold $14,500 -- $9 / 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 $89 $6,000 $6,000 --
2024 $89 $6,000 $6,000 --
2023 $89 $6,000 $0 $0
2022 $89 $6,000 $6,000 $0
2021 $89 $6,000 $6,000 $0
2020 $112 $6,000 $6,000 $0
2019 $112 $6,000 $6,000 $0
2018 $112 $6,000 $6,000 $0
2017 $112 $6,000 $6,000 $0
2016 $672 $36,125 $6,000 $30,125
2015 -- $38,725 $0 $0
2014 $631 $38,715 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 242138

Great Smoky Mountains Association of REALTORS®

APN: 104N-C-028.00