NOT LISTED FOR SALE

3240 Laurelwood Ave Sevierville, TN 37862

Estimated Value: $685,937

3 Beds
2 Baths
2,520 Sq Ft
$272/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $682,500 $271 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,680/month

1 Day on Market

Highlights

  • Cathedral Ceiling
  • Furnished
  • Patio
  • Gatlinburg Pittman High School Rated A-
  • No HOA
  • Shed

About This Home

As of June 2023

This stunning mountain retreat is a true gem, boasting impressive rental projections from reputable companies in the Smoky Mountains. A guaranteed rental income of $110,000 is available. Situated in the heart of Wears Valley at the end of a peaceful cul-de-sac, this location simply cannot be beaten. You can walk to the most popular attractions in Wears Valley, including the food truck park, a local winery, and Jeep rentals. Within a mere 5-minute drive, you'll find yourself at the doorstep of popular attractions in Pigeon Forge, Gatlinburg, and the Great Smoky Mountain National Park. Featuring 3 bedrooms and 2 bathrooms, this home offers ample space for your comfort. Additionally, it includes a bonus room/game room that adds an extra element of entertainment. With a generously sized fenced yard and ample parking, this property is perfectly equipped to handle high occupancy. This home is set up to maximize rental revenue, not to mention easy access in the winter without any steep roads to worry about. It can be used as a primary residence, secondary residence, or an overnight rental. It will be sold fully furnished. One of the most captivating aspects of this home is the breathtaking views of Cove Mountain, visible from nearly every window. To truly appreciate the beauty, we invite you to take a virtual walk through the house using the provided 3D Walkthrough Link.

Last Agent to Sell the Property

John Mendoza

Realty Executives Smoky Mounta License #356607 Listed on: 05/30/2023

Realty Executives Smoky Mounta

Last Buyer's Agent

ALicia Roy

Prime Mountain Properties License #293192

Prime Mountain Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $849

Year Built

  • Built in 1997

Lot Details

  • 0.68 Acre Lot
  • Property fronts a county road

Parking

  • 2 Car Garage

Home Design

  • Cabin
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,520 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic Tank
  • Septic Permit Issued
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Laurelwood Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 004.07

Home Details

Home Type

Single Family

Est. Annual Taxes

$849

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • Road Frontage Type: County Road
  • Subdivision Name: Laurelwood
  • Above Grade Finished Sq Ft: 2520.0
  • Architectural Style: Cabin
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Reso Other Structures: Shed(s), Storage
  • Location Tax and Legal Parcel Number2: 004.07
  • Location Tax and Legal Tax Lot2: 12
  • Location Tax and Legal:Tax Annual Amount: 849.23
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Lot Size Acres: 0.68
  • General Property Information Above Grade Finished Area: 2520.0
  • General Property Information Bonus Room YN2: No
  • General Property Information:Furnished: Furnished
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Attic Features Access Only: Yes
  • Cooling:Central Air: Yes
  • Roof:Composition: Yes
  • Road Frontage Type County Road: Yes
  • Sewer Septic Permit On File: Yes
  • General Property Information Lot Size Dimensions: 39.37 X 296.37 IRR
  • Levels:One: Yes
  • Foundation Details Slab: Yes
  • Water Source:Well: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures Storage4: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet
  • Street Number Modifier: 3240
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Appliances:Electric Range: Yes
  • Basement:None3: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Fireplace Features:Gas Log: Yes

Exterior Features

  • Exterior Features: Storage
  • Roof: Composition
  • Acres: 0.68
  • Home Warranty: No
  • Construction Type: Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Storage2: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • General Property Information:Garage YN: No
  • General Property Information:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 39.37 X 296.37 IRR
  • Lot Size Sq Ft: 29620.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 004.07
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 849.23
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Jun 14, 2023
Sold by
Eckert Byron D and Eckert Susan C
Bought by
East Tennessee Luxury Rentals Llc
Seller's Agent
John Mendoza
Realty Executives Smoky Mounta
Buyer's Agent
ALicia Roy
Prime Mountain Properties
List Price
$699,900
Sold Price
$682,500
Premium/Discount to List
-$17,400
-2.49%
Views
103
Current Estimated Value
$685,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,437
Avg. Annual Appreciation
0.21%

Purchase Details

Listed on
Jul 14, 2021
Closed on
Jul 20, 2021
Sold by
West Kimberlee and The D J Schneider Family Trust
Bought by
Eckert Byron D
Seller's Agent
Tracy King
Your Home Sold Guaranteed Real
Buyer's Agent
Mary Beth Whitaker
MG Rise Real Estate Group
List Price
$399,999
Sold Price
$435,000
Premium/Discount to List
$35,001
8.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.91%
Original Mortgage
$318,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2015
Sold by
Midgley John R
Bought by
West Kimber Lee and Schneider Dj Family Trust

Purchase Details

Closed on
May 20, 2010
Sold by
Midgley John R
Bought by
Midgley John R

Purchase Details

Closed on
Mar 11, 1997
Sold by
Headrick James R
Bought by
Midgley John R

Purchase Details

Closed on
Aug 31, 1996
Sold by
Joseph Felan
Bought by
Headrick James R

Purchase Details

Closed on
Jun 27, 1989
Bought by
Felan Joseph and Felan Barbara
Source: Public Records

Range of Values:

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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
East Tennessee Luxury Rentals Llc $682,500 Tennessee Land Title
Eckert Byron D $435,000 Smoky Mountain Title
West Kimber Lee $207,500 --
Midgley John R -- --
Midgley John R $155,000 --
Headrick James R $18,500 --
Felan Joseph $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eckert Byron D $318,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2023 09/24/23 Off Market $682,500 -- --
06/14/2023 06/14/23 Sold $682,500 -2.5% $271 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $699,900 +60.9% $278 / Sq Ft
11/15/2021 11/15/21 Off Market $435,000 -- --
08/16/2021 08/16/21 Sold $435,000 +8.8% $213 / Sq Ft View Prior Sale
07/18/2021 07/18/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $399,999 -- $196 / 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 $1,001 $108,240 $18,000 $90,240
2024 $1,001 $67,650 $11,250 $56,400
2023 $1,001 $67,650 $0 $0
2022 $940 $63,500 $11,250 $52,250
2021 $940 $63,500 $11,250 $52,250
2020 $961 $63,500 $11,250 $52,250
2019 $961 $51,675 $11,250 $40,425
2018 $961 $51,675 $11,250 $40,425
2017 $961 $51,675 $11,250 $40,425
2016 $961 $51,675 $11,250 $40,425
2015 -- $52,100 $0 $0
2014 $849 $52,106 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 257555

Great Smoky Mountains Association of REALTORS®

APN: 124-004.07