NOT LISTED FOR SALE

3450 Tekoa Mountain Way Sevierville, TN 37876

Estimated Value: $431,645

1 Bed
1 Bath
900 Sq Ft
$480/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $264,900 $294 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,503/month

2 Days on Market

Highlights

  • Mountain View
  • Deck
  • Wood Flooring
  • Gatlinburg Pittman High School Rated A-
  • Wooded Lot
  • 1 Fireplace

About This Home

As of August 2020

Beautiful 1 bedroom, 1 bathroom cabin on top of Tekoa Mountain. Beautiful mountain views from the bedroom and back porch area! Step into the front door to an over-sized kitchen area that has a enough room for a pool table that is currently there. From there a cozy living room with a gas log fireplace. The living room and bed room both connect to the full bathroom. Bedroom has a bricked-in oversized garden tub as well. This cabin was built in 2003, and has had many updates the last 3 plus years including a new well, hot tub, and appliances in 2016; new HVAC and water heater put in about a year ago.

On rental program past 3 years with very good rental income. Great as a second home, or as an overnight rental. Located about 20 minutes from Gatlinburg and Pigeon Forge, but situated where traffic is not a problem getting to either generally. Not far from the Arts and Crafts community of Gatlinburg but far enough away to avoid heavily trafficked areas and close enough to visit.

Last Agent to Sell the Property

Thomas Crum

Vesta Heritage Real Estate License #330019 Listed on: 07/02/2020

Last Buyer's Agent

Avery Carl

Bradford Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $921

Year Built

  • Built in 2003

Lot Details

  • 0.75 Acre Lot
  • Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Mountain
  • Forest

Home Design

  • Cabin
  • Wood Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1 Fireplace
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System

Community Details

  • Tekoa Mtn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 097h B 016.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$921

Year Built

Built in 2003

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Directions: From downtown Sevierville, take Dolly Parton Parkway 2.6 miles, then turn right on TN 416. Continue 5.3 miles and continue straight to TN 454. Continue 2.3 miles and turn left on Bohanan Hollow Road. Continue .5 miles then turn right on Tekoa Mountain Way. Continue 1 .5 miles and keep right at the ''T''. Cabin is located on the right. Named ''Mountain Desire''.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2003
  • Lot Size Acres: 0.75
  • Subdivision Name: Tekoa Mtn
  • Architectural Style: Cabin
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Refrigerator, Microwave
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Flooring: Hardwood

Exterior Features

  • Exterior Features: Porch - Covered, Deck
  • View: Mountain View, Wooded
  • Lot Features: Wooded
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Designated Parking

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 32670.0
  • Parcel #: 097h B 016.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2022
Sold by
Tracy Mediratta
Bought by
Sunrise Vacation Rentals Llc
Current Estimated Value
$431,645

Purchase Details

Closed on
Mar 17, 2022
Sold by
Sunrise Vacation Rentals Llc
Bought by
Mediratta Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2021
Sold by
Mediratta Tracy
Bought by
Sunrise Vacation Rentals Llc

Purchase Details

Listed on
Jul 2, 2020
Closed on
Aug 7, 2020
Sold by
Defelice Jeanne
Bought by
Mediratta Tracy L
Seller's Agent
Thomas Crum
Vesta Heritage Real Estate
Buyer's Agent
Avery Carl
Bradford Real Estate
Sold Price
$264,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.16%
Original Mortgage
$211,920
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2016
Closed on
Jan 10, 2017
Sold by
Federal National Mortgage Association
Bought by
Defelice Jeanne
Seller's Agent
Jeff Schoenfield
All Pro REALTORS, Inc.
Buyer's Agent
Adriene Crum
Realty Works, LLC
List Price
$120,000
Sold Price
$92,500
Premium/Discount to List
-$27,500
-22.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.16%

Purchase Details

Closed on
Jun 20, 2016
Sold by
Hand Ben
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 18, 2016
Sold by
Hand Martha L
Bought by
Hand Ben C

Purchase Details

Closed on
May 13, 2004
Sold by
Wesley Rookstool Carl
Bought by
Ben Hand

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
5.77%
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
Sunrise Vacation Rentals Llc -- None Listed On Document
Mediratta Tracy -- Rickman James G
Sunrise Vacation Rentals Llc -- None Available
Mediratta Tracy L $264,900 Maryville Title Agency
Defelice Jeanne $92,500 --
Federal National Mortgage Association $93,500 --
Hand Ben C -- --
Ben Hand $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mediratta Tracy $360,000
Previous Owner Mediratta Tracy L $211,920
Previous Owner Lynne Hand $143,000
Previous Owner Ben Hand $142,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $264,900 +186.4% $294 / Sq Ft
04/09/2020 04/09/20 Off Market $92,500 -- --
01/10/2017 01/10/17 Sold $92,500 -22.9% $103 / Sq Ft
12/13/2016 12/13/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $120,000 -- $133 / Sq Ft
Source: East Tennessee REALTORS® MLS

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
2024 $921 $62,225 $16,275 $45,950
2023 $921 $62,225 $0 $0
2022 $921 $62,225 $16,275 $45,950
2021 $921 $62,225 $16,275 $45,950
2020 $778 $62,225 $16,275 $45,950
2019 $778 $41,825 $16,275 $25,550
2018 $778 $41,825 $16,275 $25,550
2017 $778 $41,825 $16,275 $25,550
2016 $778 $41,825 $16,275 $25,550
2015 $696 $42,700 $0 $0
2014 $696 $42,714 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1121909

East Tennessee REALTORS® MLS

APN: 097H-B-016.00