NOT LISTED FOR SALE

3786 Thomas Cross Rd Sevierville, TN 37876

Estimated Value: $607,625

5 Beds
5 Baths
1,920 Sq Ft
$316/Sq Ft Est. Value

Last Sold March 07, 2024

Last sale price $1,150,000 $599 Per Sq Ft

Est. 47% decrease in value since last sale

Current estimated payment $3,389/month

139 Days on Market

Highlights

  • Pool and Spa
  • 6.03 Acre Lot
  • Furnished
  • Gatlinburg Pittman High School Rated A-
  • Private Lot
  • No HOA

About This Home

As of March 2024

Must see!! Five enchanting honeymoon cabins, each spanning 384 square feet. These delightful cabins offer an intimate and secluded haven, complete with private hot tubs for a truly indulgent escape. With a remarkable total rental gross income of $137,160 in 2021 and $137,254 in 2022, this property has established itself as a thriving investment opportunity. The property is equipped with six septic systems, while the shared well efficiently pumps an impressive 30 gallons per minute, guaranteeing ample water supply. Notably, this property enjoys a prime location, only minutes away from the captivating Forbidden Caverns and a mere 16 miles from the vibrant center of Pigeon Forge. Guests can easily explore the wonders of the area while relishing the tranquility of their cabin retreat. Please note these cabins are booked through October. Showings for this property must be scheduled in advance. The availability for viewing may be limited, with only one or two cabins accessible at a time. Please contact Listing Agent with any further questions.

Last Agent to Sell the Property

Austin Feeney

RE/MAX Preferred Properties Pigeon Forge License #371976 Listed on: 07/20/2023

Last Buyer's Agent

Ilias Irby

eXp Realty, LLC 7765 License #363752

eXp Realty, LLC 7765

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,350

Year Built

  • Built in 1995

Lot Details

  • 6.03 Acre Lot
  • Private Lot

Home Design

  • Wood Siding
  • Log Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • Furnished
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Pool

  • Pool and Spa

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Shared Well
  • Septic Tank
  • Septic Permit Issued
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 5 Units

Listing and Financial Details

  • Tax Lot 2,3,4
  • Assessor Parcel Number 033.02

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,350

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1995
  • Zoning: A-1
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Private
  • ResoPoolFeatures: Hot Tub
  • Road Surface Type: Gravel
  • Co List Office Mls Id: 29
  • Fireplace: Yes
  • Garage Yn: No
  • Location Tax and Legal Parcel Number2: 033.02
  • Location Tax and Legal Tax Lot2: 2,3,4
  • Location Tax and Legal:Tax Annual Amount: 1350.0
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Lot Size Acres: 6.03
  • General Property Information Bonus Room YN2: No
  • General Property Information Home Warranty YN: No
  • Sewer Septic Permit On File: Yes
  • Utilities:Cable Available: Yes
  • Road Surface Type Gravel2: Yes
  • Pool Features Hot Tub: Yes
  • Water Source Shared Well: Yes
  • Cooling Wall Unit(s): Yes
  • General Property Information Number Of Units Total2: 5.0
  • Unit Details Furnished3: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Street Number Modifier: 3786
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Acres: 6.03
  • Home Warranty: No
  • Construction Type: Log Siding, Wood Siding
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Log Siding: Yes
  • Lot Features:Private2: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Electric
  • Sewer: Septic Tank, Septic Permit On File
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Shared Well
  • Heating:Electric4: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 262666.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 033.02
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1350.0
  • Tax Lot: 2,3,4

Multi Family

  • Number Of Units Total: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Mar 7, 2024
Sold by
Chapman George and Chapman Jana
Bought by
Thomas Cross Cabins Llc
Seller's Agent
Austin Feeney
RE/MAX Preferred Properties Pigeon Forge
Buyer's Agent
Ilias Irby
eXp Realty, LLC 7765
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%
Views
146
Current Estimated Value
$607,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$542,375
Avg. Annual Appreciation
-33.39%
Original Mortgage
$1,425,705
Outstanding Balance
$1,401,991
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
-$794,366

Purchase Details

Closed on
Nov 26, 2009
Sold by
Maxson Robert C
Bought by
Feeney Kevin

Purchase Details

Closed on
May 23, 1995
Bought by
Feeney Rick
Source: Public Records

Range of Values:

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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
Thomas Cross Cabins Llc $1,150,000 Maryville Title
Thomas Cross Cabins Llc $1,150,000 Maryville Title
Feeney Kevin $9,267 --
Feeney Rick $38,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Cross Cabins Llc $1,425,705
Closed Thomas Cross Cabins Llc $1,425,705
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2024 03/07/24 Sold $1,150,000 +4.5% $599 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
11/09/2023 11/09/23 Price Changed $1,100,000 -8.3% $573 / Sq Ft
07/20/2023 07/20/23 For Sale $1,200,000 -- $625 / 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 $1,851 $125,040 $22,080 $102,960
2024 $1,851 $125,040 $22,080 $102,960
2023 $1,851 $125,040 $0 $0
2022 $1,157 $78,150 $13,800 $64,350
2021 $1,157 $78,150 $13,800 $64,350
2020 $1,038 $78,150 $13,800 $64,350
2019 $1,038 $55,825 $13,925 $41,900
2018 $1,038 $55,825 $13,925 $41,900
2017 $1,038 $55,825 $13,925 $41,900
2016 $1,038 $55,825 $13,925 $41,900
2015 -- $54,900 $0 $0
2014 $895 $54,886 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 258406

Great Smoky Mountains Association of REALTORS®

APN: 042-033.02