NOT LISTED FOR SALE

3515 Ginseng Way Sevierville, TN 37862

Estimated Value: $680,905

2 Beds
2.5 Baths
1,728 Sq Ft
$394/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $441,000 $255 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,833/month

3 Days on Market

Highlights

  • Mountain View
  • Deck
  • Wooded Lot
  • Gatlinburg Pittman High School Rated A-
  • Private Lot
  • Cathedral Ceiling

About This Home

As of December 2020

Custom built home in the highly desirable neighborhood of Wonderland Woods in Wears Valley. Two master bedrooms in a beautiful log cabin with a stacked stone fireplace, hardwood floors and stainless steel appliances. Enjoy mountain views from the large deck. There is a master bedroom on the main level, a master bedroom on the 2nd level, a loft sitting area, and a large walk out basement game room with a hot tub on the back porch. The basement also has an additional 400 sq ft that is partially finished and ready to be made into an extra sleeping area or theatre! Perfect for permanent residence/vacation home or would do great on overnight rental! Cabin comes furnished with a pool table and hot tub! Very easy access and located close to the Wears Valley entrance to the National Park, Pigeon Forge and Gatlinburg.

Last Agent to Sell the Property

Lesley Adams

Mountain Realty Group Listed on: 10/31/2020

Last Buyer's Agent

Julie McCoy

eXp Realty, LLC 7720 License #350996

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $834

Year Built

  • Built in 2004

Lot Details

  • 0.6 Acre Lot
  • Property fronts a county road
  • Private Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $15 Monthly HOA Fees

Property Views

  • Mountain
  • Seasonal

Home Design

  • Log Cabin
  • Composition Roof
  • Log Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Wood Flooring

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Softener is Owned
  • Septic Tank

Community Details

  • Association fees include roads
  • Wonderland Woods Association
  • Wonderland Woods Subdivision

Listing and Financial Details

  • Tax Lot 36

Home Details

Home Type

Single Family

Est. Annual Taxes

$834

Year Built

Built in 2004

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Level, Private, Wooded
  • Road Frontage Type: County Road
  • Reso View: Mountain(s), Seasonal
  • Reso Association Fee Includes: Roads
  • Co List Office Mls Id: 499
  • Subdivision Name: Wonderland Woods
  • Above Grade Finished Sq Ft: 1296.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Location Tax and Legal Tax Lot2: 36
  • Location Tax and Legal:Tax Annual Amount: 834.0
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.6
  • General Property Information Above Grade Finished Area: 1296.0
  • General Property Information Below Grade Finished Area: 432.0
  • General Property Information Below Grade Unfinished Area: 432.0
  • General Property Information:Bathrooms Half: 1
  • General Property Information Bonus Room YN2: No
  • 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
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Land Features View Mountains: Yes
  • View Seasonal: Yes
  • Road Frontage Type County Road: Yes
  • Levels Three Or More: Yes
  • Water Source:Well: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Exterior Entry, Partially Finished, Walk-Out Access
  • Appliances: Dishwasher, Dryer, Gas Cooktop, Gas Range, Microwave, Refrigerator, Washer, Water Softener Owned
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Solid Surface Counters
  • Street Number Modifier: 3515
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 432.0
  • Fireplace Features: Gas Log
  • Appliances Dishwasher: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Appliances:Gas Range: Yes
  • Basement:Basement2: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Cooktop: Yes
  • Basement:Exterior Entry: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Appliances:Water Softener-Owned: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Acres: 0.6
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Private2: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 15.0
  • Association Fee Frequency: Monthly
  • Association Name: Wonderland Woods
  • Association: No

Lot Info

  • Lot Size Sq Ft: 26136.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 834.0
  • Tax Lot: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2022
Sold by
Novak and Sara
Bought by
Johnson Treavor C and Johnson Kaitlin K
Current Estimated Value
$680,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,100
Outstanding Balance
$567,492
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$113,413

Purchase Details

Listed on
Oct 31, 2020
Closed on
Dec 3, 2020
Sold by
Petree Terry L and Petree Paula M
Bought by
Novak Clint and Novak Sara
Seller's Agent
Lesley Adams
Mountain Realty Group
Buyer's Agent
Julie McCoy
eXp Realty, LLC 7720
List Price
$429,000
Sold Price
$441,000
Premium/Discount to List
$12,000
2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Original Mortgage
$396,900
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2016
Closed on
Jul 8, 2016
Sold by
Fiet John R
Bought by
Petree Terry L and Petree Paula M
Seller's Agent
Shannon Tipton
CENTURY 21 Smoky Mountain Realty
Buyer's Agent
Karen Robertson
Keller Williams Realty
Sold Price
$213,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.94%
Original Mortgage
$165,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2002
Sold by
Fallat Richard A and Fallat Janet A
Bought by
Fiet John R

Purchase Details

Closed on
Oct 24, 2001
Sold by
Issippi Tenn
Bought by
Fred Martin

Purchase Details

Closed on
Jun 8, 2001
Sold by
Fred Martin
Bought by
Richard Fallat

Purchase Details

Closed on
Jun 4, 2001
Bought by
Fallat Richard and Fallat Janet

Purchase Details

Closed on
May 29, 2001
Sold by
Martin Fred W and Martin Ann Aval
Bought by
Tenn Issippi Llc

Purchase Details

Closed on
Nov 15, 2000
Sold by
Lawrence David A
Bought by
Lawrence David A

Purchase Details

Closed on
Oct 23, 1997
Bought by
Martin Fred and Martin Ann

Purchase Details

Closed on
Sep 7, 1994
Bought by
Gotts Arthur and Gotts Jean
Source: Public Records

Range of Values:

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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
Johnson Treavor C $659,000 New Title Company Name
Novak Clint $441,000 Maryville Title Agency
Petree Terry L $213,000 --
Fiet John R $32,000 --
Fred Martin -- --
Richard Fallat $20,350 --
Fallat Richard $20,400 --
Tenn Issippi Llc -- --
Lawrence David A -- --
Martin Fred $273,000 --
Gotts Arthur $690,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Treavor C $593,100
Previous Owner Novak Clint $396,900
Previous Owner Petree Terry L $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2021 03/03/21 Off Market $441,000 -- --
02/01/2021 02/01/21 Off Market $441,000 -- --
12/03/2020 12/03/20 Sold $441,000 +2.8% $255 / Sq Ft
10/31/2020 10/31/20 For Sale $429,000 +101.4% $248 / Sq Ft
07/08/2016 07/08/16 Sold $213,000 -- $123 / Sq Ft View Prior Sale
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 $2,492 $168,360 $42,000 $126,360
2024 $2,492 $168,360 $42,000 $126,360
2023 $2,492 $168,360 $0 $0
2022 $1,557 $105,225 $26,250 $78,975
2021 $1,557 $105,225 $26,250 $78,975
2020 $835 $105,225 $26,250 $78,975
2019 $835 $44,875 $7,875 $37,000
2018 $835 $44,875 $7,875 $37,000
2017 $835 $44,875 $7,875 $37,000
2016 $835 $44,875 $7,875 $37,000
2015 -- $44,850 $0 $0
2014 $731 $44,849 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 230902

Great Smoky Mountains Association of REALTORS®

APN: 134C-A-035.00