NOT LISTED FOR SALE

3463 Covemont Ln Sevierville, TN 37862

Estimated Value: $470,308

12 Acres
$39,192 Price per Acre
522,720 Sq Ft Lot

Last Sold November 03, 2023

Last sale price $465,000

Est. 1% increase in value since last sale

Current estimated payment $2,553/month

36 Days on Market

Highlights

  • View of Trees or Woods
  • 12 Acre Lot
  • Lot Has A Rolling Slope
  • Gatlinburg Pittman High School Rated A-

About This Lot

As of November 2023

Beautiful highly sought out land in Wears Valley! This property has been maintained exceptionally well & has so much potential. The location is minutes from everything: this includes the Great Smokey Mountains National Park, Pigeon Forge, and Gatlinburg. The majority of the land is flat, which makes it ideal for building. Come by and see just what the property has to offer!

Last Agent to Sell the Property

Bailey McKinney

United Real Estate Solutions License #364297 Listed on: 08/09/2023

United Real Estate Solutions

Last Buyer's Agent

Megan Thomas

Slyman Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $586

Lot Details

  • 12 Acre Lot
  • Property fronts a county road
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Finished Lot(s)
  • Zoning described as None, Zoned Residential

Property Views

  • Woods
  • Mountain
  • Countryside Views
  • Forest

Listing and Financial Details

  • Assessor Parcel Number 124

Property Details

Property Type

Land

Est. Annual Taxes

$586

Lot Details

0

Listing Details

  • Directions: From Highway 321 in Wears Valley turn onto Covemont Road by the gas station. Follow Covemont road until you see the mailbox that says, ''3463''
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 12.0
  • Lot Size: 0
  • Topography:Rolling: Yes
  • View:Mountain View: Yes
  • View:Wooded2: Yes
  • Utilities Available:Electricity4: Yes
  • Property Sub-Type:Single Family2: Yes
  • Road Frontage:County4: Yes
  • Topography:Cleared: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Country Setting, Mountain View, Wooded
  • Lot Features: Rolling
  • Topography: {"Level":true,"Cleared":true}
  • Road Frontage Paved: Yes

Lot Info

  • Lot Size Sq Ft: 522720.0
  • Parcel #: 124
  • Zoning Description: None, Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2025
Sold by
Mountain Designs Llc
Bought by
Hayes Kenny
Current Estimated Value
$470,308

Purchase Details

Listed on
Aug 9, 2023
Closed on
Nov 3, 2023
Sold by
Lawson James B
Bought by
Mountain Designs Llc and Dixie Designs Llc
Seller's Agent
Bailey McKinney
United Real Estate Solutions
Buyer's Agent
Megan Thomas
Slyman Real Estate
List Price
$490,000
Sold Price
$465,000
Premium/Discount to List
-$25,000
-5.1%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.60%

Purchase Details

Closed on
Apr 16, 2018
Sold by
Miller Don L and Miller Eugenia M
Bought by
Petzel Johnp and Petzel Kaylyn

Purchase Details

Closed on
Dec 15, 1998
Sold by
Wilbur Lawson
Bought by
Lawson James B
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hayes Kenny -- Tennessee Land Title
Mountain Designs Llc $465,000 Tennessee Land Title
Petzel Johnp $20,000 Smoky Mountain Title
Lawson James B $25,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2023 11/03/23 Sold $465,000 -5.1% --
09/15/2023 09/15/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $490,000 -- --
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
2025 $586 $39,375 $39,375 --
2024 $586 $39,375 $39,375 --
2023 $586 $39,375 $0 $0
2022 $586 $39,575 $39,575 $0
2021 $586 $39,575 $39,575 $0
2020 $753 $39,575 $39,575 $0
2019 $753 $40,500 $40,500 $0
2018 $753 $40,500 $40,500 $0
2017 $753 $40,500 $40,500 $0
2016 $753 $40,500 $40,500 $0
2015 -- $40,500 $0 $0
2014 $660 $40,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1236017

East Tennessee REALTORS® MLS

APN: 124-027.00