NOT LISTED FOR SALE

3224 Emerald Springs Loop Sevierville, TN 37862

Estimated Value: $1,202,000 - $1,275,627

5 Beds
4 Baths
3,286 Sq Ft
$377/Sq Ft Est. Value

Last Sold February 22, 2021

Last sale price $876,000 $267 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,291/month

13 Days on Market

Highlights

  • Pool and Spa
  • Gated Community
  • Clubhouse
  • Catons Chapel Elementary School Rated A-
  • Mountain View
  • Deck

About This Home

As of February 2021

STUNNING MOUNTAIN VIEWS. OPEN HOUSE - GREAT RENTAL REVENUE, HANDICAP FRIENDLY, 5 Bedroom, 4 Bath, TRUE LOG CABIN in a premier, gated Community. Fully furnished, three levels- ALL WITH VIEWS. Make a lifetime of memories. This beautiful cabin offers breathtaking views of the Smokies. Handicap friendly with a wraparound deck from the entrance to the 2nd floor. A very cozy private place to relax on vacation, love the views and privacy. Ample off-street parking. Covered porches. Large glass windows reveal mountain vistas. Cathedral ceilings with plenty of windows fill the cabin with natural light. When you aren't on one of the many decks enjoying the view, the whole family can enjoy a game of pool, kick back in front of the big screen to watch a movie or enjoy the outdoor 6 Person hot tub. Take advantage of the privacy of two private wrap-around decks. The ramp extends around the first and second floors makes the home accessible for all members of the family, young or young at heart. You will love this breathtaking location, a great place to stay and enjoy wonderful amenities, and games. Loft has Air Hockey game Game room has Multicade game, Foosball, Big Buck arcade game, 8-foot pool table. Bunk room sleeps 7 kids. Improvements: 20-Microwave, Cabin re-stained, 5 new Smart TVs; 18-Range, D/W, Frig; 17- LR couches. 16-new solid log dining set. In a mountainous area in Shagbark Community, but still only minutes from Pigeon Forge, Gatlinburg, Waldens Creek Riding Stables, Cades Cove, Great Smoky Mountains, and all Dolly attractions. The Community has a swimming pool, tennis court and 24/7 manned guard gate. Rental Income keeps getting better. 2018 $88K; 2019 $88K+; 2020 $96,953. Currently $45K already booked for 21 with same groups returning year after year. Great place to vacation or live permanently. TENNESSEE DREAMER CABIN IS ON RENTAL PROGRAM WITH OUTSTANDING RENTAL HISTORY. Drone photography used.

Last Agent to Sell the Property

Theresa Norman

Prime Mountain Properties License #334901 Listed on: 12/24/2020

Prime Mountain Properties

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM License #105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,661

Year Built

  • Built in 2009

Lot Details

  • 0.72 Acre Lot
  • Property fronts a private road

HOA Fees

  • $88 Monthly HOA Fees

Home Design

  • Log Cabin
  • Tri-Level Property
  • Slab Foundation
  • Metal Roof
  • Log Siding

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Loft
  • Game Room
  • Utility Room
  • Wood Flooring
  • Mountain Views
  • Finished Basement

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Permit Issued
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 5

Community Details

Overview

  • Association fees include insurance, roads, security
  • Shagbark Association
  • Shagbark Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Gated Community

Additional Features

  • Clubhouse
  • Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,661

Year Built

Built in 2009

Lot Details

0

HOA Fees

$88 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2009
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub, Private
  • Road Frontage Type: Private Road
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Gated Community
  • Reso Association Amenities: Clubhouse, Management, Pool, Tennis Court(s)
  • Reso Association Fee Includes: Insurance, Roads, Security
  • Pets Allowed: Yes
  • Subdivision Name: Shagbark
  • Above Grade Finished Sq Ft: 2216.0
  • Architectural Style: Cabin
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Tri-Level
  • ResoWindowFeatures: Double Pane Windows
  • Location Tax and Legal Tax Lot2: 5
  • Location Tax and Legal:Tax Annual Amount: 1661.0
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Lot Size Acres: 0.72
  • General Property Information Above Grade Finished Area: 2216.0
  • General Property Information Below Grade Finished Area: 1070.0
  • 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
  • General Property Information View YN2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features Private4: Yes
  • Land Features View Mountains: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Dining Room: Yes
  • Room Types Dining Room Level: 1
  • Room Types Great Room: Yes
  • Room Types Great Room Level: 1
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Loft: Yes
  • Room Types Loft Level: 2
  • Room Types Primary Bedroom Level: 1
  • Room Types Utility Room: Yes
  • Room Types Utility Room Level: 1
  • Levels Tri-Level: Yes
  • Sewer Septic Permit On File: Yes
  • Association Amenities Tennis Court(s)4: Yes
  • Foundation Details Slab: Yes
  • Water Source:Well: Yes
  • Room Types Bedroom 3 Level: 2
  • Road Frontage Type:Private Road: Yes
  • Pool Features Hot Tub: Yes
  • Pets Allowed:Yes: Yes
  • Room Types Bedroom 4 Level: B
  • Room Types Game Room: Yes
  • Room Types Game Room Level: B
  • Room Types Den: Yes
  • Room Types Den Level: B
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet, Tile Counters
  • Street Number Modifier: 3224
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1070.0
  • Fireplace Features: Gas Log
  • Total Bedrooms: 24
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement Finished: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Range Hood: Yes
  • Security Features:Gated Community: Yes
  • Interior Features:Tile Counters: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Metal
  • Acres: 0.72
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Paved
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central
  • Sewer: Septic Permit On File
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee: 1050.0
  • Association Fee Frequency: Annually
  • Association Name: Shagbark
  • Association: No

Association/Amenities

  • Association Amenities:Clubhouse2: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Amenities:Management: Yes
  • Association Fee Includes:Security2: Yes

Lot Info

  • Lot Size Sq Ft: 31363.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1661.0
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2020
Closed on
Feb 18, 2021
Sold by
Norman Theresa L and Norman Brent B
Bought by
Folger James and Folger Jessica
Seller's Agent
Theresa Norman
Prime Mountain Properties
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$849,900
Sold Price
$876,000
Premium/Discount to List
$26,100
3.07%
Current Estimated Value
$1,178,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,197
Avg. Annual Appreciation
7.44%
Original Mortgage
$536,250
Outstanding Balance
$479,617
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$759,197

Purchase Details

Listed on
Dec 24, 2020
Closed on
Feb 12, 2021
Sold by
Norman Theresa L
Bought by
Norman Theresa L and Norman Brent B
Seller's Agent
Theresa Norman
Prime Mountain Properties
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$849,900
Sold Price
$876,000
Premium/Discount to List
$26,100
3.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,250
Outstanding Balance
$479,617
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$759,197

Purchase Details

Closed on
Jun 11, 2015
Sold by
Stacy Larry R
Bought by
Norman Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2005
Sold by
Mark Marks
Bought by
Stacy Larry R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Folger James $876,000 Foundation T&E Green Hills
Norman Theresa L -- Foundation Title & Escrow
Norman Theresa $413,000 --
Stacy Larry R $34,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folger James $536,250
Previous Owner Norman Theresa $288,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2021 05/25/21 Off Market $876,000 -- --
03/23/2021 03/23/21 Off Market $876,000 -- --
02/22/2021 02/22/21 Sold $876,000 +1.9% $267 / Sq Ft
12/24/2020 12/24/20 Price Changed $859,900 +1.2% $262 / Sq Ft
12/24/2020 12/24/20 For Sale $849,900 -- $259 / 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 $139 $9,375 $9,375 --
2024 $139 $9,375 $9,375 --
2023 $139 $9,375 $0 $0
2022 $696 $47,025 $9,375 $37,650
2021 $2,422 $47,025 $9,375 $37,650
2020 $1,661 $163,650 $9,375 $154,275
2019 $1,661 $89,275 $3,750 $85,525
2018 $1,661 $89,275 $3,750 $85,525
2017 $1,661 $89,275 $3,750 $85,525
2016 $1,661 $89,275 $3,750 $85,525
2015 -- $75,625 $0 $0
2014 $1,233 $75,632 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 231668

Great Smoky Mountains Association of REALTORS®

APN: 113D-B-026.00