NOT LISTED FOR SALE

3487 Covemont Ln Sevierville, TN 37862

Estimated Value: $492,260 - $528,000

3 Beds
3 Baths
2,776 Sq Ft
$184/Sq Ft Est. Value

Last Sold January 11, 2018

Last sale price $249,000 $90 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,778/month

118 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • No HOA
  • Gatlinburg Pittman High School Rated A-
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of January 2018

Spacious home in superb Wears Valley location. Fully finished basement with exterior exit could be in-law arrangement. Large carport, storage building. New roof 2008, 3 bedrooms plus Bonus room for office, crafts or use your imagination! Fenced yard, and very fancy 8-person 110 jet hot tub in back!. Bonus room has Whirlpool motel-type HVAC unit, rest of house is central. Charming rustic cobblestone driveway . Raised beds ready for your garden! Sitting on almost an acre, this is a beautiful mountain home!

Last Agent to Sell the Property

Jane Terrell

Century 21 Four Seasons WOD Listed on: 08/12/2017

Last Buyer's Agent

Charity Brown

Tennessee Elite Realty License #296337

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $739

Year Built

  • Built in 1994

Lot Details

  • 0.92 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Country Style Home
  • Frame Construction
  • Composition Roof
  • Stucco
  • Cedar
  • Stone

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Finished Basement
  • Exterior Basement Entry
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Floors
  • Storage In Attic
  • Pull Down Stairs to Attic

Outdoor Features

  • Deck
  • Shed
  • Outbuilding
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Wall Furnace
  • Well
  • Water Purifier
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 13A

Home Details

Home Type

Single Family

Est. Annual Taxes

$739

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Wooded
  • Road Frontage Type: City Street
  • Road Surface Type: Gravel
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 5
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 1516.0
  • Architectural Style: Country, Ranch
  • Fireplace: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • Reso Other Structures: Outbuilding, Shed(s), Storage
  • ResoWindowFeatures: Window Treatments
  • Location Tax and Legal Tax Lot2: 13A
  • Location Tax and Legal:Tax Annual Amount: 739.35
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Lot Size Acres: 0.92
  • General Property Information Above Grade Finished Area: 1516.0
  • General Property Information Below Grade Finished Area: 1260.0
  • General Property Information Bonus Room YN2: No
  • 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
  • Cooling:Central Air: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Road Surface Type Gravel2: Yes
  • Levels:One: Yes
  • Water Source:Well: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures Storage4: Yes
  • Architectural Style Ranch2: Yes
  • Other Structures:Outbuilding: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Architectural Style Country4: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Exterior Entry, Finished
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer, Water Purifier
  • Interior Amenities: Ceiling Fan(s), In-Law Floorplan, Walk-In Closet(s)
  • Street Number Modifier: 3487
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1260.0
  • Fireplace Features: Wood Burning
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fans: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Range Hood: Yes
  • Basement:Exterior Entry: Yes
  • Attic Features:Floored: Yes
  • Attic Features:Storage Only: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Water Purifier: Yes

Exterior Features

  • Exterior Features: Rain Gutters, Storage
  • Roof: Composition
  • Acres: 0.92
  • Home Warranty: No
  • Construction Type: Cedar, Frame, Stone, Stucco
  • Patio And Porch Features: Deck
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Cedar: Yes
  • Construction Materials:Stone: Yes
  • Exterior Features:Storage2: Yes
  • Window Features:Window Treatments: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Central, Electric, Heat Pump, Wall Furnace
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 40075.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 739.35
  • Tax Lot: 13A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2017
Closed on
Jan 10, 2018
Sold by
Marsh Jason L and Marsh Miranda E
Bought by
Jackson Michael
Seller's Agent
Jane Terrell
Century 21 Four Seasons WOD
Buyer's Agent
Charity Brown
Tennessee Elite Realty
List Price
$275,000
Sold Price
$249,000
Premium/Discount to List
-$26,000
-9.45%
Current Estimated Value
$510,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,130
Avg. Annual Appreciation
9.72%
Original Mortgage
$236,550
Outstanding Balance
$199,416
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$310,714

Purchase Details

Closed on
Jul 20, 2007
Sold by
Corporate Relocation Svcs
Bought by
Marsh Jason L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
6.65%

Purchase Details

Closed on
Mar 2, 2007
Sold by
Reimer Alan I
Bought by
Corporate Relocation Svcs

Purchase Details

Closed on
Apr 14, 2005
Sold by
Heath Michael D
Bought by
Alan Reimer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.88%

Purchase Details

Closed on
Aug 17, 1992
Bought by
Heath Michael D and Heath Shirley
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
Jackson Michael $249,000 Magnolia Title
Marsh Jason L $210,000 --
Corporate Relocation Svcs $223,500 --
Alan Reimer $179,500 --
Heath Michael D $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Michael $236,550
Previous Owner Heath Michael D $199,500
Previous Owner Heath Michael D $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2019 04/11/19 Off Market $249,000 -- --
01/11/2018 01/11/18 Sold $249,000 -9.5% $90 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
08/12/2017 08/12/17 For Sale $275,000 -- $99 / 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 $744 $50,300 $7,200 $43,100
2024 $744 $50,300 $7,200 $43,100
2023 $744 $50,300 $0 $0
2022 $744 $50,300 $7,200 $43,100
2021 $744 $50,300 $7,200 $43,100
2020 $739 $50,300 $7,200 $43,100
2019 $739 $39,750 $7,250 $32,500
2018 $739 $39,750 $7,250 $32,500
2017 $739 $39,750 $7,250 $32,500
2016 $739 $39,750 $7,250 $32,500
2015 -- $43,125 $0 $0
2014 $703 $43,112 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 211588

Great Smoky Mountains Association of REALTORS®

APN: 124C-B-012.00