NOT LISTED FOR SALE

3855 Millers Ridge Way Sevierville, TN 37862

Estimated Value: $508,481

1 Bed
2 Baths
800 Sq Ft
$636/Sq Ft Est. Value

Last Sold February 01, 2021

Last sale price $324,000 $405 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,811/month

38 Days on Market

Highlights

  • Mountain View
  • Deck
  • Wood Flooring
  • Gatlinburg Pittman High School Rated A-
  • Cathedral Ceiling
  • Furnished

About This Home

As of February 2021

This impeccably-maintained cabin has been generating steady income with its grand views, perfect location, and great amenities. Just 5 minutes from the national park entrance at Metcalf bottoms, 7 minutes from Wears Valley Social Food Truck Park and Mountain Chick Cafe in the heart of Wears Valley! Guest sleeping accommodations and game room are located downstairs, with the kitchen and living area located up. This property is turnkey, with everything you need to stay the first night, or to put it directly on rental. The Hickory Hollow community also boasts a shared fishing pond and large picnic areas. Guests also enjoy nearby access to the Honeysuckle Meadows Pool, for which annual memberships are sold that cover all of your guests. Adding this pool amenity to the pool table, hot tub, and views, will make this a highly-sought-after rental bringing guests back time and again. Grab your suitcase, and little else and come see why Wears Valley has become one of the most sought-after addresses in the Smokies!

Last Agent to Sell the Property

Lesley Adams

Mountain Realty Group Listed on: 11/22/2020

Last Buyer's Agent

Kathy Leedy

Great Smoky Mountains Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $651

Year Built

  • Built in 2001

Lot Details

  • 0.32 Acre Lot
  • Property fronts a county road

HOA Fees

  • $30 Monthly HOA Fees

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Wood Flooring
  • Mountain Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Shared Well
  • Septic Tank

Community Details

  • Association fees include roads
  • Hickory Hollow Association
  • Hickory Hollow Subdivision

Listing and Financial Details

  • Tax Lot 66

Home Details

Home Type

Single Family

Est. Annual Taxes

$651

Year Built

Built in 2001

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Reso Association Fee Includes: Roads
  • Co List Office Mls Id: 499
  • Subdivision Name: Hickory Hollow
  • Above Grade Finished Sq Ft: 800.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Two
  • Location Tax and Legal Tax Lot2: 66
  • Location Tax and Legal:Tax Annual Amount: 651.47
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.32
  • General Property Information Above Grade Finished Area: 800.0
  • 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
  • Land Features View Mountains: Yes
  • Levels:Two: Yes
  • Road Frontage Type County Road: Yes
  • Water Source Shared Well: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Solid Surface Counters
  • Street Number Modifier: 3855
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:None3: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Roof: Metal
  • Acres: 0.32
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 30.0
  • Association Fee Frequency: Monthly
  • Association Name: Hickory Hollow
  • Association: No

Lot Info

  • Lot Size Sq Ft: 13939.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 651.47
  • Tax Lot: 66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2020
Closed on
Feb 1, 2021
Sold by
R & M Family Limited Partnership
Bought by
Ostergaard Kimball
Seller's Agent
Lesley Adams
Mountain Realty Group
Buyer's Agent
Kathy Leedy
Great Smoky Mountains Association
List Price
$324,000
Sold Price
$324,000
Current Estimated Value
$508,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,481
Original Mortgage
$291,600
Outstanding Balance
$260,351
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2001
Sold by
Miller Gerald L and Miller Karen L
Bought by
Walker Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,200
Interest Rate
7.11%
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
Ostergaard Kimball $324,000 Maryville Title Agency
Ostergaard Kimball $324,000 Maryville Title & Escrow
Walker Michael E $156,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ostergaard Kimball $291,600
Closed Ostergaard Kimball $291,600
Previous Owner Walker Michael E $141,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2021 05/03/21 Off Market $324,000 -- --
03/23/2021 03/23/21 Off Market $324,000 -- --
02/01/2021 02/01/21 Sold $324,000 0.0% $405 / Sq Ft
11/22/2020 11/22/20 For Sale $324,000 -- $405 / 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 $1,431 $96,680 $16,000 $80,680
2024 $1,431 $96,680 $16,000 $80,680
2023 $1,431 $96,680 $0 $0
2022 $894 $60,425 $10,000 $50,425
2021 $894 $60,425 $10,000 $50,425
2020 $651 $60,425 $10,000 $50,425
2019 $651 $35,025 $10,000 $25,025
2018 $651 $35,025 $10,000 $25,025
2017 $651 $35,025 $10,000 $25,025
2016 $651 $35,025 $10,000 $25,025
2015 -- $35,275 $0 $0
2014 $575 $35,263 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lesley Adams

    Mountain Realty Group

    Section Image

  • K

    Buyer's Agent in 2021

    Kathy Leedy

    Great Smoky Mountains Association

  • Jose Santiago

    Buyer's Agent in 2021

    Jose Santiago

    eXp Realty, LLC 7720

    (865) 364-6580

    45 in this area

    88 Total Sales

    Jose Santiago
    Section Image
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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 231235

Great Smoky Mountains Association of REALTORS®

APN: 123G-A-042.00

Tennessee Sevier County Sevierville 37862

3855 Millers Ridge Way, Sevierville, TN

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