NOT LISTED FOR SALE

3514 Emerald Way Sevierville, TN 37876

Estimated Value: $362,000 - $590,279

2 Beds
2 Baths
1,485 Sq Ft
$321/Sq Ft Est. Value

Last Sold April 24, 2023

Last sale price $579,500 $390 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $2,577/month

49 Days on Market

Highlights

  • 3.17 Acre Lot
  • Deck
  • 1 Fireplace
  • Gatlinburg Pittman High School Rated A-
  • Wooded Lot
  • Cottage

About This Home

As of April 2023

!Simply beautiful mountain cabin resting on 3+ acres of land in Sevierville. This furnished cabin is a must add to your investment portfolio. Indescribable mountain and valley views will surround your guests as they relax in the hot tub in complete privacy. Features also include sleeping for up to 8 people, fireplace, fully stocked kitchen supplies as well as refrigerator, microwave and range/oven. Cathedral ceiling in great room, 1 bedroom on main level. Full bath on main. Loft with sleeping area. Basement with separate entrance with accomodations for 2 , plus kitchenette and full bath w/tub. Great place to get away from the crowds! Wi-fi. 2022 Total Revenue $48,746 for 154 nights rented. Seller used the property for personal use as well and closed up for maintenance over the holidays (which would have brought in $600+ per night) Attractions like Pigeon Forge, Gatlinburg and Dollywood within 10 miles. Too much to mention. Book your showing today!

Last Agent to Sell the Property

Christy Blanco Elder

Keller Williams Brokerage Phone: 8652972911 License #308290 Listed on: 01/26/2023

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $619

Year Built

  • Built in 2001

Lot Details

  • 3.17 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Home Design

  • Cottage
  • Frame Construction
  • Stone Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Crawl Space
  • Fire and Smoke Detector
  • Microwave
  • Property Views

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Propane

Listing and Financial Details

  • Tax Lot Tr-2
  • Assessor Parcel Number 086 08121 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$619

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 2001
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built Details: EXIST
  • Attribution Contact: 8652972911
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Dryer, Microwave, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Laminate, Tile
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 885
  • Below Grade Sq Ft: 600
  • Building Area Units: Square Feet
  • Living Area: 1485
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Frame, Stone, Other
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Propane
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Private, Wooded, Other, Rolling Slope
  • Lot Size Acres: 3.17
  • Lot Size Units: Acres
  • Parcel #: 086 08121 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 619
  • Tax Lot: Tr-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Apr 24, 2023
Sold by
Anderson Eric and Anderson Courtney
Bought by
Freeman Gregory and Rampersaud Sudesh
Seller's Agent
Christy Blanco Elder
Keller Williams
List Price
$594,900
Sold Price
$579,500
Premium/Discount to List
-$15,400
-2.59%
Views
63
Current Estimated Value
$476,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$103,360
Avg. Annual Appreciation
-7.68%
Original Mortgage
$463,600
Outstanding Balance
$450,715
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$25,425

Purchase Details

Listed on
Jul 9, 2021
Closed on
Sep 1, 2021
Sold by
Cohen Douglas L and Cohen Virginia P
Bought by
Anderson Eric and Anderson Courtney
Seller's Agent
Theresa Raymond
TN Smoky Mtn Realty
Buyer's Agent
Kathy Leedy
Great Smoky Mountains Association
List Price
$415,000
Sold Price
$457,000
Premium/Discount to List
$42,000
10.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.79%
Original Mortgage
$388,450
Interest Rate
2.7%
Mortgage Type
New Conventional
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
Freeman Gregory $579,500 Broadway Title Inc
Freeman Gregory $579,500 Broadway Title Inc
Anderson Eric $457,000 Smoky Mountain Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Gregory $463,600
Closed Freeman Gregory $463,600
Previous Owner Anderson Eric $388,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2023 04/24/23 Sold $579,500 -2.6% $390 / Sq Ft
03/16/2023 03/16/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $594,900 +30.2% $401 / Sq Ft
12/07/2021 12/07/21 Off Market $457,000 -- --
09/08/2021 09/08/21 Sold $457,000 +10.1% $308 / Sq Ft View Prior Sale
07/16/2021 07/16/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $415,000 +538.5% $279 / Sq Ft
04/21/2016 04/21/16 Off Market $65,000 -- --
01/22/2013 01/22/13 Sold $65,000 -22.2% $103 / Sq Ft View Prior Sale
01/07/2013 01/07/13 Pending -- -- --
05/05/2012 05/05/12 For Sale $83,500 -- $132 / Sq Ft
Source: Realtracs

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 $619 $41,825 $9,000 $32,825
2024 $619 $41,825 $9,000 $32,825
2023 $619 $41,825 $0 $0
2022 $619 $41,825 $9,000 $32,825
2021 $619 $41,825 $9,000 $32,825
2020 $582 $41,825 $9,000 $32,825
2019 $582 $31,300 $9,000 $22,300
2018 $582 $31,300 $9,000 $22,300
2017 $582 $31,300 $9,000 $22,300
2016 $582 $31,300 $9,000 $22,300
2015 -- $30,300 $0 $0
2014 -- $30,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2892953

Realtracs

APN: 086-081.21