NOT LISTED FOR SALE

3706 Cove View Ln Sevierville, TN 37862

Estimated Value: $1,214,000

5 Beds
5 Baths
3,570 Sq Ft
$340/Sq Ft Est. Value

Last Sold September 09, 2024

Last sale price $1,175,000 $329 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,726/month

144 Days on Market

Highlights

  • Pool and Spa
  • New Construction
  • Chalet
  • Gatlinburg Pittman High School Rated A-
  • Mountain View
  • Deck

About This Home

As of September 2024

BIG REDUCTION**Rental projections of $150,000-165,000!!
This brand new luxury home doubles as a smart investment! This brand new 5 BD/5 BA, 3,500+ sq ft, mountain chalet marries modern touches and rustic charm. Nestled in beautiful Wears Valley, overlooking the Smoky Mountains, this retreat has unmatched views of the Smokies which you can take in from the expansive deck areas that are comfortably furnished! Relax and enjoy the views from the custom-built Pergola with one-of-a-kind gas fire pit and seating area, or the 16-foot year-round use recessed swim spa that reaches hot tub temperatures! Cozy up next to one of the many fireplaces, your options are an exterior ventless gas fireplace and two interior electric fireplaces - all with stacked stone from floor to ceiling. This property would make an excellent overnight rental, permanent residence, or second home. The main level of this immaculate cabin features a large great room, complete with an open living room featuring a fireplace, and dining area. You'll find a full kitchen with granite countertops, as well as a private master bedroom along with a private master bath and closet. The spacious upper level provides 2 additional bedrooms, each with their own private bathroom and closet space, along with an open den area that includes a fireplace. The lower level has a large recreation room, private theater/media room, and 2 additional bedrooms. No expense was spared in the interior furnishings and decoration, every space is both stylish and welcoming. This home offers custom cabinetry in the kitchen, bar, and bathrooms, along with floor to ceiling tiled showers. The interior blends materials from both rustic and modern pallets creating a beautiful esthetic. Its prime location puts you near attractions like the National Park, downtown Pigeon Forge, Dollywood, Townsend, and easy scenic access to McGee Tyson Airport in Knoxville. Come check it out!

Last Agent to Sell the Property

Jason White

Century 21 Legacy GP License #261655 Listed on: 03/29/2024

Co-Listed By

Crystal Johnson

Century 21 Legacy GP License #339600

Last Buyer's Agent

Brandon Thompson

Real Broker License #360471

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $126

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.65 Acre Lot
  • Property fronts a county road
  • Level Lot
  • Open Lot
  • Property is zoned R1

Home Design

  • Chalet
  • Contemporary Architecture
  • Cabin
  • Split Foyer
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Log Fireplace
  • Electric Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Window Screens
  • Great Room
  • Recreation Room
  • Bonus Room
  • Storage
  • Luxury Vinyl Tile Flooring
  • Mountain Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 5 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer
  • 220 Volts In Laundry

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Pool and Spa
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Pergola

Utilities

  • Cooling Available
  • Heat Pump System
  • 220 Volts For Spa
  • 220 Volts in Kitchen
  • Well
  • Septic Tank
  • High Speed Internet
  • Internet Available
  • Phone Available

Community Details

  • No Home Owners Association
  • Wears Cove Acres Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 4
  • Assessor Parcel Number 123 078.23

Home Details

Home Type

Single Family

Est. Annual Taxes

$126

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2024
  • Zoning: R1
  • Current Use: Residential, Single Family
  • CoListOfficeEmail: gatlinburg@c21legacy.com
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • Horses: No
  • ResoLaundryFeatures: Electric Dryer Hookup, Laundry Room, Lower Level, Washer Hookup
  • ResoLotFeatures: Level, Open Lot, Views
  • ResoPoolFeatures: Hot Tub, Pool/Spa Combo, See Remarks
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Pets Allowed: Yes
  • Subdivision Name: Wears Cove Acres
  • Above Grade Finished Sq Ft: 1786.0
  • Architectural Style: Cabin, Chalet, Contemporary, Split Foyer
  • Fireplace: Yes
  • Reso Flooring: Luxury Vinyl
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Reso Other Structures: Pergola
  • Property Attached Yn: No
  • Reso Property Condition: New Construction
  • ResoWindowFeatures: Double Pane Windows, Insulated Windows, Screens
  • Financial Info Electric: 220 Volts For Spa, 220 Volts in Kitchen, 220 Volts in Laundry, Circuit Breakers
  • Location Tax and Legal New Construction YN: Yes
  • Location Tax and Legal Parcel Number2: 123 078.23
  • Location Tax and Legal Tax Lot2: 4
  • Location Tax and Legal:Tax Annual Amount: 126.0
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Lot Size Acres: 0.65
  • General Property Information Above Grade Finished Area: 1786.0
  • General Property Information Below Grade Finished Area: 1784.0
  • General Property Information Bonus Room YN2: Yes
  • General Property Information:Furnished: Furnished
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: Yes
  • 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
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Land Features View Mountains: Yes
  • Room Types Bedroom 2 Level: First
  • Room Types Great Room: Yes
  • Room Types Great Room Level: First
  • Room Types Primary Bedroom Level: First
  • General Property Information Waterfront YN: No
  • Levels:Two: Yes
  • General Property Information Accessibility Features YN2: No
  • Architectural Style Chalet: Yes
  • Road Frontage Type County Road: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Water Source:Well: Yes
  • Room Types Bedroom 3 Level: First
  • Pool Features Hot Tub: Yes
  • Architectural Style:Contemporary: Yes
  • General Property Information:Stories Total: 2
  • General Property Information Fireplace YN: Yes
  • General Property Information Property Attached YN: No
  • Interior Features Walk-In Shower(s): Yes
  • Laundry Features Laundry Room: Yes
  • Property Condition:New Construction: Yes
  • General Property Information Horse YN2: No
  • Exterior Features Lighting2: Yes
  • Flooring Luxury Vinyl: Yes
  • Main Room Levels Main Level Bathrooms: 2
  • Main Room Levels Main Level Bedrooms: 2
  • Utilities Internet Available: Yes
  • Architectural Style Split Foyer: Yes
  • Laundry Features:Lower Level: Yes
  • Pets Allowed:Yes: Yes
  • Utilities:High Speed Internet Available: Yes
  • Electric:_two_20 Volts in Laundry: Yes
  • Electric:Circuit Breakers: Yes
  • Pool Features PoolSpa Combo: Yes
  • Room Types Bedroom 4 Level: Basement
  • Room Types Primary Bathroom Level: First
  • Room Types Recreation Room: Yes
  • Room Types Recreation Room Level: Basement
  • Electric:_two_20 Volts For Spa: Yes
  • Electric:_two_20 Volts in Kitchen: Yes
  • Other Structures:Pergola: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Great Room, High Speed Internet, Kitchen Island, Solid Surface Counters, Storage, Walk-In Closet(s), Walk-In Shower(s)
  • Street Number Modifier: 3706
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1784.0
  • Fireplace Features: Electric, Gas Log
  • Fireplaces: 3
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Total Bedrooms: 15
  • Stories: 2
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Fireplaces Total: 3
  • Interior Features:Solid Surface Counters: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Storage3: Yes

Exterior Features

  • Exterior Features: Lighting, Other
  • Roof: Composition
  • Acres: 0.65
  • View: Yes
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Covered, Deck, Porch
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Views: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Screens: Yes
  • Lot Features:Open Lot: Yes

Garage/Parking

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

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Utilities: Electricity Available, High Speed Internet Available, Internet Available, Phone Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 28314.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 123 078.23
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 126.0
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
Sep 6, 2024
Sold by
Wears Drive 4 Llc
Bought by
Kim Hong Ngov Living Trust and Ngov
Seller's Agent
Jason White
Century 21 Legacy GP
Buyer's Agent
Brandon Thompson
Real Broker
List Price
$1,579,000
Sold Price
$1,175,000
Premium/Discount to List
-$404,000
-25.59%
Views
29
Current Estimated Value
$1,214,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,000
Avg. Annual Appreciation
2.93%

Purchase Details

Closed on
May 6, 2022
Sold by
Grassy Knoll 20 Llc
Bought by
Wears Drive 4 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,100
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2021
Sold by
Welchons Bennett L and Welchons Alexandra G
Bought by
Grassy Knoll 20 Llc

Purchase Details

Closed on
Oct 6, 2017
Sold by
Mccullough Properties Llc
Bought by
Welchons Bennett L and Welchons Alexandra G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
3.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 31, 2007
Sold by
Jo Hawkins Mary
Bought by
Mccullough Properties Llc

Purchase Details

Closed on
Dec 18, 1992
Bought by
Hawkins Mary Jo and Hawkins John S

Purchase Details

Closed on
Dec 31, 1988
Bought by
Gibson Mary Jo

Purchase Details

Closed on
Oct 28, 1988
Bought by
Davis James Ray and Davis Evelyn
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
Kim Hong Ngov Living Trust $1,175,000 Southeastern Title
Kim Hong Ngov Living Trust $1,175,000 Southeastern Title
Wears Drive 4 Llc -- Tennessee Land Title
Grassy Knoll 20 Llc $100,000 Smoky Mountain Title
Welchons Bennett L $50,000 Professional Title
Mccullough Properties Llc $63,000 --
Hawkins Mary Jo -- --
Gibson Mary Jo $12,000 --
Davis James Ray $9,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wears Drive 4 Llc $636,100
Previous Owner Welchons Bennett L $37,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2024 09/09/24 Sold $1,175,000 -4.1% $329 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
08/20/2024 08/20/24 Price Changed $1,224,999 -1.9% $343 / Sq Ft
08/06/2024 08/06/24 Price Changed $1,249,000 -3.8% $350 / Sq Ft
07/11/2024 07/11/24 Price Changed $1,299,000 -5.1% $364 / Sq Ft
06/27/2024 06/27/24 Price Changed $1,369,000 -1.9% $383 / Sq Ft
06/14/2024 06/14/24 Price Changed $1,395,000 -2.4% $391 / Sq Ft
06/06/2024 06/06/24 Price Changed $1,429,000 -0.7% $400 / Sq Ft
05/31/2024 05/31/24 Price Changed $1,439,000 -0.7% $403 / Sq Ft
05/23/2024 05/23/24 Price Changed $1,449,000 -1.4% $406 / Sq Ft
05/17/2024 05/17/24 Price Changed $1,469,000 -1.7% $411 / Sq Ft
05/02/2024 05/02/24 Price Changed $1,495,000 -2.2% $419 / Sq Ft
04/18/2024 04/18/24 Price Changed $1,529,000 -1.3% $428 / Sq Ft
04/11/2024 04/11/24 Price Changed $1,549,000 -1.9% $434 / Sq Ft
03/29/2024 03/29/24 For Sale $1,579,000 -- $442 / 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 $4,458 $355,480 $14,000 $341,480
2024 $130 $8,750 $8,750 --
2023 $130 $8,750 $0 $0
2022 $130 $8,750 $8,750 $0
2021 $130 $8,750 $8,750 $0
2020 $163 $8,750 $8,750 $0
2019 $163 $8,750 $8,750 $0
2018 $163 $8,750 $8,750 $0
2017 $163 $8,750 $8,750 $0
2016 $163 $8,750 $8,750 $0
2015 -- $8,750 $0 $0
2014 $143 $8,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 300113

Great Smoky Mountains Association of REALTORS®

APN: 123-078.23