NOT LISTED FOR SALE

3449 Cove Meadows Dr Sevierville, TN 37862

Estimated Value: $1,094,415

5 Beds
3.5 Baths
2,662 Sq Ft
$411/Sq Ft Est. Value

Last Sold October 06, 2022

Last sale price $1,172,500 $440 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,911/month

2 Days on Market

Highlights

  • 1.02 Acre Lot
  • Mountain View
  • Cathedral Ceiling
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of October 2022

You will find 360 degree views at this five bedroom/3.5 bath cabin located in the highly desirable neighborhood of Cove Meadows in Wears Valley. Easy access, no HOA, paved roads, utility water and conveniently located to Pigeon Forge, Gatlinburg and the Great Smoky Mountains National Park. Being sold fully furnished and turn key! The property grossed $157,000 on rental last year! Recent improvemnets include deck addition; new furnishings, infrared sauna; and new flooring and HVAC in the garage, which is currently being used as a game room. Room to expand with the completion of the garage and the potential to add an apartment over the garage. You won't find another cabin in Cove Meadows at this price point with these views, amazing rental history and room for expansion!

Last Agent to Sell the Property

Lesley Adams

Mountain Realty Group Listed on: 08/30/2022

Last Buyer's Agent

Timothy Grillot

eXp Realty, LLC 7720 License #364034

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,197

Year Built

  • Built in 2005

Lot Details

  • 1.02 Acre Lot
  • Property fronts a county road

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • Cabin
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Bonus Room
  • Wood Flooring
  • Mountain Views

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Rain Gutters
  • Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Cove Meadows Subdivision

Listing and Financial Details

  • Tax Lot 34

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,197

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Co List Office Mls Id: 499
  • Subdivision Name: Cove Meadows
  • Above Grade Finished Sq Ft: 1638.0
  • Architectural Style: Cabin
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Reso Other Structures: Workshop
  • Location Tax and Legal Tax Lot2: 34
  • Location Tax and Legal:Tax Annual Amount: 2197.43
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Lot Size Acres: 1.02
  • General Property Information Above Grade Finished Area: 1638.0
  • General Property Information Below Grade Finished Area: 1024.0
  • General Property Information:Bathrooms Half: 1
  • General Property Information Bonus Room YN2: Yes
  • 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
  • General Property Information View YN2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Land Features View Mountains: Yes
  • Road Frontage Type County Road: Yes
  • Levels Three Or More: Yes
  • Water Source:Well: Yes
  • Other Structures:Workshop: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Crawl Space, Exterior Entry, Partially Finished, Walk-Out Access
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet
  • Street Number Modifier: 3449
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1024.0
  • Fireplace Features: Electric
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Basement2: Yes
  • Basement:Walk-Out Access: Yes
  • Appliances:Range Hood: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Exterior Features: Rain Gutters, Storage
  • Roof: Metal
  • Acres: 1.02
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck, Porch
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Storage2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Driveway, Paved
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • General Property Information:Attached Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 44431.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2197.43
  • Tax Lot: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2022
Closed on
Oct 6, 2022
Sold by
Cove Mountain Cabin Llc
Bought by
Mosqueda Living Trust
Seller's Agent
Lesley Adams
Mountain Realty Group
Buyer's Agent
Timothy Grillot
eXp Realty, LLC 7720
Sold Price
$1,172,500
Current Estimated Value
$1,094,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$78,085
Avg. Annual Appreciation
-2.23%
Original Mortgage
$938,000
Outstanding Balance
$900,188
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$194,227

Purchase Details

Closed on
Feb 24, 2021
Sold by
Arellano Evan L and Arellano Maite
Bought by
Cove Mountain Cabin Llc

Purchase Details

Listed on
Aug 20, 2020
Closed on
Nov 5, 2020
Sold by
Preston Patrick and Liu Ping
Bought by
Arellano Evan L and Arellano Maite
Seller's Agent
Ralph Harvey
Listwithfreedom.com
Buyer's Agent
Fran Troxler
East Tennessee Realty Group
List Price
$639,000
Sold Price
$619,000
Premium/Discount to List
-$20,000
-3.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%
Original Mortgage
$489,600
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 13, 2016
Closed on
Oct 18, 2016
Sold by
Quandt Robert J
Bought by
Preston Patrick and Liu Ping
Seller's Agent
Michael McConnell
Mountain Realty Group
Buyer's Agent
Non Member Non Member
Non-Member Office
Sold Price
$445,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%

Purchase Details

Closed on
Jun 8, 2005
Sold by
Dowell Freeman
Bought by
Quandt Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,500
Interest Rate
5.66%

Purchase Details

Closed on
Jun 1, 2004
Sold by
Randy Garrett
Bought by
Dowell Freeman

Purchase Details

Closed on
Dec 24, 2002
Sold by
Wayne Ayers
Bought by
Randy Garrett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,875
Interest Rate
5.92%
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
Mosqueda Living Trust $1,195,000 Maryville Title & Escrow
Cove Mountain Cabin Llc -- None Available
Cove Mountain Cabin Llc -- Smoky Mountain Title
Arellano Evan L $612,000 Smoky Mountain Title
Arellano Evan L $612,000 Smoky Mountain Title
Preston Patrick $445,000 --
Quandt Robert J $355,000 --
Dowell Freeman $67,000 --
Randy Garrett $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mosqueda Living Trust $938,000
Previous Owner Arellano Evan L $489,600
Previous Owner Randy Garrett $233,500
Previous Owner Randy Garrett $31,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/07/2023 01/07/23 Off Market $1,172,500 -- --
10/06/2022 10/06/22 Sold $1,172,500 +89.4% $440 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
02/05/2021 02/05/21 Off Market $619,000 -- --
12/21/2020 12/21/20 Off Market $619,000 -- --
11/06/2020 11/06/20 Sold $619,000 0.0% $302 / Sq Ft View Prior Sale
08/25/2020 08/25/20 Price Changed $619,000 -3.1% $302 / Sq Ft
08/20/2020 08/20/20 For Sale $639,000 +43.6% $312 / Sq Ft
01/16/2020 01/16/20 Off Market $445,000 -- --
10/18/2016 10/18/16 Sold $445,000 0.0% $168 / Sq Ft View Prior Sale
10/18/2016 10/18/16 Sold $445,000 -6.3% $185 / Sq Ft View Prior Sale
09/22/2016 09/22/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $475,000 -- $198 / 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 $2,197 $308,560 $24,000 $284,560
2024 $2,197 $148,475 $15,000 $133,475
2023 $2,197 $148,475 $0 $0
2022 $2,197 $148,475 $15,000 $133,475
2021 $2,197 $148,475 $15,000 $133,475
2020 $1,656 $148,475 $15,000 $133,475
2019 $1,656 $89,050 $15,000 $74,050
2018 $1,656 $89,050 $15,000 $74,050
2017 $1,656 $89,050 $15,000 $74,050
2016 $1,656 $89,050 $15,000 $74,050
2015 -- $91,625 $0 $0
2014 $1,493 $91,614 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 253678

Great Smoky Mountains Association of REALTORS®

APN: 124H-C-034.00