NOT LISTED FOR SALE

3148 Russie Gap Rd Sevierville, TN 37862

Estimated Value: $3,190,802

89.89 Acres
$35,497 Price per Acre
3,915,608 Sq Ft Lot

Sale Details

Date Sold: January 2, 2024

Last sale price $3,250,000

Est. 2% decrease in value since last sale

Current estimated payment $17,099 / mo

255 Days on Market

Highlights

  • Barn
  • 89.89 Acre Lot
  • Wooded Lot
  • River View
  • Mountainous Lot
  • No HOA

About This Lot

As of January 2024

Words can't explain this one of a kind property situated just on the outskirts of the City of Pigeon Forge. With ridge tops displaying some of the better views around and over a mile of river frontage (7,508 ft) running through the 90 acre tract. For the developer, this piece has the makeup for a superior resort, and the existing 3,072 sq ft barndo could serve as an event/wedding venue with the right upgrades. From RV Sites, Tree-Houses, and/or Tiny-Homes, one can have many options with this property. The seller has done quite a bit of site planning, with a survey, soil mapping, and 2 different concept plans available upon request. Schedule a time to see this beautiful property in person, you'll be glad you did. {

Last Agent to Sell the Property

Dillon Cate

eXp Realty, LLC 7720 Listed on: 03/10/2023

eXp Realty, LLC 7720

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM License #105

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $779

Lot Details

  • 89.89 Acre Lot
  • Home fronts a stream
  • River Front
  • Level Lot
  • Mountainous Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned A-1

Parking

  • Garage

Property Views

  • River
  • Mountain

Farming

  • Barn

Utilities

  • Well
  • Septic Tank
  • Septic Permit Issued

Community Details

Overview

  • No Home Owners Association

Recreation

  • Separate Outdoor Workshop
  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$779

Lot Details

89.89 Acres

Listing Details

  • Property Type: Land
  • Zoning: A-1
  • Reso Property Sub Type: Farm
  • ResoLotFeatures: Cleared, Level, Mountainous, Rolling Slope, Wooded
  • Road Frontage Type: City Street
  • Reso View: Mountain(s), River
  • Subdivision Name: Other
  • Garage Yn: Yes
  • Reso Other Structures: Barn(s), Outbuilding, Workshop
  • Location Tax and Legal Tax Lot2: N/A
  • Location Tax and Legal:Tax Annual Amount: 778.85
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Lot Size Acres: 89.89
  • General Property Information View YN2: Yes
  • Land Features View Mountains: Yes
  • Sewer Septic Permit On File: Yes
  • Water Source:Well: Yes
  • Other Structures:Outbuilding: Yes
  • Other Structures:Workshop: Yes
  • Lot Features Mountainous: Yes
  • Other Structures:Barn(s): Yes
  • View:River2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 3148
  • Possible Use: Single Family, Subdevelopment

Exterior Features

  • Acres: 89.89
  • View: Yes
  • Waterfront Features: Creek, River Front, Stream
  • Waterfront: Yes
  • Lot Features:Level: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Cleared: Yes
  • Waterfront Features:Creek: Yes
  • Waterfront Features:Stream: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • General Property Information:Garage YN: Yes

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: 3915608.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 778.85
  • Tax Lot: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Dec 20, 2023
Sold by
Wu Paradise Llc
Bought by
Oasis Real Estate Holdings Llc
Seller's Agent
Dillon Cate
eXp Realty, LLC 7720
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$3,500,000
Sold Price
$3,250,000
Premium/Discount to List
-$250,000
-7.14%
Current Estimated Value
$3,190,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,198
Avg. Annual Appreciation
-0.81%

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 15, 2021
Sold by
Laishley Bruce
Bought by
Wu Paradise Llc
Seller's Agent
Jessika Morgan
Parkside Real Estate, LLC
Buyer's Agent
Jessika Morgan
Parkside Real Estate, LLC
List Price
$3,200,000
Sold Price
$1,750,000
Premium/Discount to List
-$1,450,000
-45.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.48%

Purchase Details

Closed on
Dec 12, 2019
Sold by
Laishley Bruce and Laishley Barbara C
Bought by
Laishley Bruce

Purchase Details

Closed on
Apr 10, 2013
Bought by
Laishley Bruce and Laishley Barbara C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oasis Real Estate Holdings Llc $3,250,000 Tennessee Land Title
Wu Paradise Llc $1,750,000 Foothills Title Services Inc
Laishley Bruce -- None Available
Laishley Bruce $650,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/02/2024 01/02/24 Sold $3,250,000 -7.1% --
11/21/2023 11/21/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $3,500,000 +100.0% --
09/14/2021 09/14/21 Off Market $1,750,000 -- --
06/15/2021 06/15/21 Sold $1,750,000 -45.3% -- View Prior Sale
06/03/2021 06/03/21 For Sale $3,200,000 0.0% --
05/06/2021 05/06/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $3,200,000 -- --
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 $779 $52,625 $28,525 $24,100
2024 $779 $52,625 $28,525 $24,100
2023 $779 $52,625 $0 $0
2022 $779 $52,625 $28,525 $24,100
2021 $779 $52,625 $28,525 $24,100
2020 $930 $52,625 $28,525 $24,100
2019 $930 $50,025 $27,750 $22,275
2018 $930 $50,025 $27,750 $22,275
2017 $930 $50,025 $27,750 $22,275
2016 $930 $50,025 $27,750 $22,275
2015 -- $0 $0 $0
2014 $658 $40,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Dillon Cate

    eXp Realty, LLC 7720

    Section Image

  • N

    Buyer's Agent in 2024

    NON MEMBER

    NON MEMBER FIRM

  • J

    Seller's Agent in 2021

    Jessika Morgan

    Parkside Real Estate, LLC

    Section Image
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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 256171

Great Smoky Mountains Association of REALTORS®

APN: 093-107.01

Tennessee Sevier County Sevierville 37862

3148 Russie Gap Rd, Sevierville, TN

Not Listed for Sale

Lots

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