3565 Wears Valley Rd Sevierville, TN 37862
Estimated Value: $2,440,700
Highlights
- Guest House
- Home fronts a creek
- Mountain View
- Gatlinburg Pittman High School Rated A-
- 13.5 Acre Lot
- Contemporary Architecture
About This Home
As of October 2020Come away to find peace & tranquility in the highly desirable Wears Valley area! Everyone wants to be HERE!! 13.5 level acres bordered by Cove Creek and spectacular mountain view! A gorgeous 3 bedroom, 2 1/2 bath main house, 6 rental cabins, & multi-purpose barn. Bring your horses, sit by the large reflecting pond with fountain feature, and enjoy the view of Cove Mountain, the highest peak in Wears Valley! Right off Wears Valley Road, & just minutes from Pigeon Forge and Gatlinburg! Various possible investment opportunities here: Bed & breakfast, event venue, cabin rentals, concert venue, craft/wedding fair, horse stables, & more! Come visit Cove Mountain Ranch & invest in YOUR dream today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,788
Year Built
- Built in 2002
Lot Details
- 13.5 Acre Lot
- Home fronts a creek
- Home fronts a pond
- Private Lot
- Level Lot
Parking
- 2 Car Garage
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Slab Foundation
- Frame Construction
Interior Spaces
- 7,955 Sq Ft Home
- Property has 3 Levels
- Self Contained Fireplace Unit Or Insert
- Separate Formal Living Room
- Mountain Views
- Fire and Smoke Detector
- Washer and Electric Dryer Hookup
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Additional Features
- Guest House
- Central Heating and Cooling System
Community Details
- Property has a Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 123 12504 000
Ownership History
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Purchase Details
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cove Mountain Ranch Llc | -- | -- | |
| Cove Mountain Ranch Llc | $1,385,000 | Professional Title | |
| Belas Walter | -- | -- | |
| Belas Walter | $210,000 | -- | |
| Walter Belas | -- | -- | |
| Walter Belas | $80,000 | -- |
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cove Mountain Ranch Llc | $1,177,250 | |
| Previous Owner | Walter Belas | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/05/2020 10/05/20 | Sold | $1,385,000 | -13.4% | $174 / Sq Ft |
| 04/27/2020 04/27/20 | Pending | -- | -- | -- |
| 04/27/2019 04/27/19 | For Sale | $1,600,000 | -- | $201 / Sq Ft |
Tax History Compared to Growth
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 | $16,033 | $1,144,480 | $41,000 | $1,103,480 |
| 2024 | $16,033 | $1,144,480 | $41,000 | $1,103,480 |
| 2023 | $16,033 | $1,144,480 | $0 | $0 |
| 2022 | $6,181 | $417,625 | $25,625 | $392,000 |
| 2021 | $4,422 | $417,625 | $25,625 | $392,000 |
| 2020 | $3,788 | $298,800 | $25,625 | $273,175 |
| 2019 | $3,788 | $203,675 | $25,625 | $178,050 |
| 2018 | $3,788 | $203,675 | $25,625 | $178,050 |
| 2017 | $3,697 | $203,675 | $25,625 | $178,050 |
| 2016 | $3,697 | $198,775 | $25,625 | $173,150 |
| 2015 | -- | $202,825 | $0 | $0 |
| 2014 | $2,814 | $172,667 | $0 | $0 |
Map
Source: Realtracs
MLS Number: 2850773
APN: 123-125.04
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