NOT LISTED FOR SALE

3867 Holders Grove Rd Cosby, TN 37722

Estimated Value: $647,000 - $758,047

3 Beds
4 Baths
2,344 Sq Ft
$299/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $800,700 $342 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,939/month

16 Days on Market

Highlights

  • Pool and Spa
  • Mountain View
  • Cathedral Ceiling
  • Craftsman Architecture
  • Deck
  • Wood Flooring

About This Home

As of February 2023

Ridiculous Views AND flat ground!? Yes, that is what this property offers. This is a great short term rental opportunity at a great price for a brand new 3 bedroom cabin. With rental projections of $105-$115,000+, this property would make a great addition to your real estate portfolio. Cabin sits on an acre of flat ground and is positioned in such a way to showcase the amazing mountain views from all areas of the cabin. There is also a beautiful stone fire-pit with poly-wood Adirondack chairs for people to enjoy an evening fire while enjoying the beautiful views. The cabin features 4 full bedrooms with ensuite bathrooms, a large kitchen with plenty of cabinet and countertop space along with leathered granite countertops. The living room/great room has cathedral ceilings, floor to ceiling stone fireplace, and a wall of windows to showcase those mountain views. The cabins of Majestic View have no restrictions and there is no HOA. They are on well and septic so the only utility costs are electric and digital services. Very low overhead! This is a great opportunity in this changing market to take advantage of a property that has the potential of generating 11-14+% ROI (gross rent:purchase price).

Last Agent to Sell the Property

The Maloney Team

Prime Mountain Properties License #335706 Listed on: 01/12/2023

Prime Mountain Properties

Last Buyer's Agent

The Maloney Team

Prime Mountain Properties License #335706 Listed on: 01/12/2023

Prime Mountain Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $812

Year Built

  • Built in 2022

Lot Details

  • 1.01 Acre Lot
  • Property fronts a county road
  • Level Lot

Home Design

  • Craftsman Architecture
  • Chalet
  • Cottage
  • Brick or Stone Mason
  • Frame Construction
  • Composition Roof
  • Cement Siding
  • Cedar Siding
  • Cedar
  • Stone

Interior Spaces

  • 2,344 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Great Room
  • Wood Flooring
  • Mountain Views
  • Crawl Space
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Majestic View Subdivision

Listing and Financial Details

  • Tax Lot 1D

Home Details

Home Type

Single Family

Est. Annual Taxes

$812

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Zoning: None
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Level
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 325
  • Subdivision Name: Majestic View
  • Above Grade Finished Sq Ft: 2344.0
  • Architectural Style: Chalet, Cottage, Craftsman
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Two
  • ResoWindowFeatures: Window Treatments
  • Location Tax and Legal Tax Lot2: 1D
  • Location Tax and Legal:Tax Annual Amount: 812.0
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Lot Size Acres: 1.01
  • General Property Information Above Grade Finished Area: 2344.0
  • 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
  • Attic Features Access Only: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • Levels:Two: Yes
  • Architectural Style Chalet: Yes
  • Road Frontage Type County Road: Yes
  • Utilities:Cable Available: Yes
  • Water Source:Well: Yes
  • Pool Features Hot Tub: Yes
  • Architectural Style Craftsman: Yes
  • Architectural Style Cottage: Yes
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Great Room, Solid Surface Counters
  • Street Number Modifier: 3867
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Solid Surface Counters: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Acres: 1.01
  • View: Yes
  • Home Warranty: No
  • Construction Type: Cedar, Cement Siding, Frame, Stone
  • Patio And Porch Features: Covered, Deck
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Cedar: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Cement Siding: 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, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 43995.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 812.0
  • Tax Lot: 1D

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2022
Sold by
Richard Huskey Chad
Bought by
Sessions Robert Bradley
Current Estimated Value
$702,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,100
Outstanding Balance
$428,460
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$273,556
Source: Public Records

Range of Values:

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Average Value
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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
Sessions Robert Bradley $499,000 Tennessee Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sessions Robert Bradley $449,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $800,700 -8.5% $342 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $875,000 -- $373 / 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
2024 $1,373 $53,625 $3,000 $50,625
2023 $1,373 $55,375 $3,000 $52,375
2022 $1,477 $57,575 $12,475 $45,100
2021 $0 $57,575 $12,475 $45,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 255400

Great Smoky Mountains Association of REALTORS®

APN: 015111 02223