Seller's Agent in 2022
Michael McConnell
Mountain Realty Group
155 in this area
195 Total Sales
3310 Covered Bridge Way Sevierville, TN 37862
Estimated Value: $519,000 - $657,000
2
Beds
1.5
Baths
1,275
Sq Ft
$479/Sq Ft
Est. Value
Highlights
- Pool and Spa
- Home fronts a creek
- Cathedral Ceiling
- Gatlinburg Pittman High School Rated A-
- Deck
- Wood Flooring
About This Home
As of February 2022Cabin has done $50,418 in rental income for 2021.This adorable 2 bedroom 1 bath sits above Cove Creek. Listen to the waterfall and sounds of the running creek right from your back deck. Conveniently located 5 miles from Pigeon Forge and about 6 miles from the Wears Valley entrance into the Great Smoky Mountains. True log home with master bedroom on main level. Master bedroom has a king size log bed, fireplace and jetted tub. Black appliances in the fully equipped kitchen. Cozy living room with a stacked stone gas fireplace for those cool nights. It also has a sleeper sofa in it. Upstairs you have a second bedroom with a queen log bed and a half bath. Bath could possibly be reconfigured so you could add a shower. Loft area has arcade games and a brand new log style queen sleeper sofa/futon. Step out onto the back deck and listen to the sounds of the creek. There is a brand new hot tub that is 100% rot free synthetic shell with a lifetime warranty on the hard cover. The cabin has a new 80 gallon high efficiency hot water heater. It also has Flo by Moen Monitor installed. Owners can regulate and monitor water usage via Bluetooth. There is an upgraded high seer heating and air unit with longer warranty on heat pumps. Enjoy the front porch, sit a spell on the porch swing, There is a custom wood bear insert made for the front door. New landscaping and river rock were added last fall. New memory foam mattress added to both bedrooms. Currently sleeps 7. This cabin has done $50, 418 on rental in 2021. A list of additional cabin upgrades available upon requests.
Last Agent to Sell the Property
Mountain Realty Group License #276103 Listed on: 12/21/2021
Last Buyer's Agent
Lance Luckey
eXp Realty, LLC 7720
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $751
Year Built
- Built in 2003
Lot Details
- Home fronts a creek
HOA Fees
- $150 Monthly HOA Fees
Home Design
- Cabin
- Frame Construction
- Composition Roof
- Wood Siding
- Log Siding
Interior Spaces
- 1,275 Sq Ft Home
- 1.5-Story Property
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Wood Flooring
- Finished Basement
- Crawl Space
- Fire and Smoke Detector
- Washer
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Soaking Tub
Parking
- Driveway
- Paved Parking
Outdoor Features
- Pool and Spa
- Deck
- Covered Patio or Porch
Utilities
- Central Air
- Heat Pump System
- Shared Septic
Listing and Financial Details
- Tax Lot 11-R
Community Details
Overview
- Association fees include roads
- HOA Managemen Group Association
- Smoky Mountain Ridge Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2013
Closed on
Jul 3, 2014
Sold by
Loftis Charles R
Bought by
Peace Gary L and Peace Gail M
Seller's Agent
JOY MEADE
Prime Mountain Properties
Buyer's Agent
Cindy Cureton
Century 21 Four Seasons Realty Parkway
List Price
$182,000
Sold Price
$175,000
Premium/Discount to List
-$7,000
-3.85%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,999
Avg. Annual Appreciation
11.60%
Original Mortgage
$157,500
Interest Rate
4.2%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 13, 2013
Closed on
Jun 19, 2014
Sold by
Smokey Mountain Ridge Llc
Bought by
Lofits Charles R and Lofits Sue N
Seller's Agent
JOY MEADE
Prime Mountain Properties
Buyer's Agent
Cindy Cureton
Century 21 Four Seasons Realty Parkway
List Price
$182,000
Sold Price
$175,000
Premium/Discount to List
-$7,000
-3.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 23, 2004
Sold by
Smokey Mountain Ridge
Bought by
Loftis Charles R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,960
Interest Rate
5.77%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Peace Gary L | $175,000 | -- | |
| Lofits Charles R | -- | -- | |
| Loftis Charles R | $213,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Peace Gary Lee | $135,000 | |
| Closed | Peace Gary L | $157,500 | |
| Previous Owner | Loftis Charles R | $170,960 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2022 05/20/22 | Off Market | $650,000 | -- | -- |
| 02/17/2022 02/17/22 | Sold | $650,000 | +271.4% | $510 / Sq Ft |
| 10/01/2017 10/01/17 | Off Market | $175,000 | -- | -- |
| 07/03/2014 07/03/14 | Sold | $175,000 | -3.8% | $173 / Sq Ft |
| 05/31/2014 05/31/14 | Pending | -- | -- | -- |
| 05/13/2013 05/13/13 | For Sale | $182,000 | -- | $179 / Sq Ft |
Source: Great Smoky Mountains Association of REALTORS®
Tax History Compared to Growth
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 | $1,675 | $113,200 | $15,600 | $97,600 |
| 2024 | $1,675 | $113,200 | $15,600 | $97,600 |
| 2023 | $1,675 | $113,200 | $0 | $0 |
| 2022 | $1,047 | $70,750 | $9,750 | $61,000 |
| 2021 | $1,047 | $70,750 | $9,750 | $61,000 |
| 2020 | $751 | $70,750 | $9,750 | $61,000 |
| 2019 | $751 | $40,350 | $9,750 | $30,600 |
| 2018 | $751 | $40,350 | $9,750 | $30,600 |
| 2017 | $751 | $40,350 | $9,750 | $30,600 |
| 2016 | $751 | $40,350 | $9,750 | $30,600 |
| 2015 | -- | $42,325 | $0 | $0 |
| 2014 | $690 | $42,328 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael McConnell
-
Wendy Booth
Seller Co-Listing Agent in 2022
Wendy Booth
Mountain Realty Group
(865) 908-2909
67 in this area
103 Total Sales
-
L
Buyer's Agent in 2022
Lance Luckey
eXp Realty, LLC 7720
-
JOY MEADE
J
Seller's Agent in 2014
JOY MEADE
Prime Mountain Properties
44 in this area
81 Total Sales
-
Betsy Reagan
B
Seller Co-Listing Agent in 2014
Betsy Reagan
Prime Mountain Properties
(865) 368-3471
47 in this area
87 Total Sales
-
C
Buyer's Agent in 2014
Cindy Cureton
Century 21 Four Seasons Realty Parkway
Map
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 246604
APN: 104J-B-001.00-011
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