NOT LISTED FOR SALE

3998 Timber Way Sevierville, TN 37876

Estimated Value: $1,094,000 - $3,240,000

4 Beds
6 Baths
4,714 Sq Ft
$533/Sq Ft Est. Value

Last Sold April 25, 2019

Last sale price $1,800,000 $382 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $13,850/month

Highlights

  • Lake Front
  • Barn
  • Mountain View
  • Boat Ramp
  • 25.3 Acre Lot
  • Deck

About This Home

As of April 2019

This private log home compound is what you expect to see in Colorado, Idaho or Canada, but located on beautiful Douglas Lake in East TN. Custom built home sits on 25 acres (2 parcels) of waterfront peninsula for your lake living pleasure. The discriminating buyer will recognize the quality throughout this home including Sub-Zero and Wolf appliances and custom granite counters. House has an elevator shaft, barbecue pavilion, custom water feature, game building, oversize garage, toy/tool building and custom dock. Parking for 2 RVs with hookups, and the total parcel permitted for up to two additional houses . Be sure to watch the aerial video of this awesome property. Harris pontoon boat and furniture negotiable. copy/past video link https://youtu.be/EwLjKf9tg4s

Last Agent to Sell the Property

JIM WILLIAMS

Lake Homes Realty License #320462 Listed on: 03/09/2019

Last Buyer's Agent

Tori Wormsley

Coldwell Banker Jim Henry License #335206

Coldwell Banker Jim Henry

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,360

Year Built

  • Built in 2014

Lot Details

  • 25.3 Acre Lot
  • Lot Dimensions are 230x1841
  • Lake Front
  • Wooded Lot

Home Design

  • Log Cabin
  • Stone Siding
  • Log Siding

Interior Spaces

  • 4,714 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Wood Flooring
  • Mountain Views
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Boat Ramp
  • Dock Permitted
  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Gazebo
  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

  • Jefferson County High School

Additional Features

  • Barn
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 088m E 006

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,360

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Directions: SR 411 to Sims Rd to L on Parrot Chapel to R on Buckhorn to L on Timber Way...Timber Way will fork a mile down the road, so stay to the middle fork. No sign on Property and gated
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2014
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 25.3
  • Lot Size: 230x1841
  • Architectural Style: Log
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Grill, Gas Stove, Smoke Detector, Security Alarm, Refrigerator, Microwave, Washer
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 2
  • Flooring: Hardwood

Exterior Features

  • Exterior Features: Patio, Porch - Covered, Porch - Enclosed, Deck, Balcony, Boat - Ramp
  • View: Mountain View
  • Lot Features: Lakefront, Wooded, Current Dock Permit on File
  • Construction Type: Stone, Log
  • Other Structures: Storage, Gazebo, Barn(s), Workshop

Utilities

  • Heating: Central
  • Heating Yn: Yes

Schools

  • High School: Jefferson County

Lot Info

  • Lot Size Sq Ft: 1102068.0
  • Parcel #: 088m E 006
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2019
Closed on
Apr 25, 2019
Sold by
Wellmans Properties Llc
Bought by
The 2006 Dahlgren Family Trust
Seller's Agent
JIM WILLIAMS
Lake Homes Realty
Buyer's Agent
Tori Wormsley
Coldwell Banker Jim Henry
Sold Price
$1,800,000
Current Estimated Value
$2,512,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$712,394
Avg. Annual Appreciation
5.31%

Purchase Details

Closed on
May 20, 2015
Sold by
Wellman David and Wellman Martha
Bought by
Wellman'S Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,727
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2007
Sold by
Stiltner Rodney W
Bought by
David Wellman

Purchase Details

Closed on
Oct 11, 2004
Sold by
Edward Ward Harold
Bought by
Stiltner Rodney W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.71%

Purchase Details

Closed on
Mar 26, 1991
Bought by
Ward Harold Edward

Purchase Details

Closed on
Oct 25, 1989
Bought by
Ward Harold Edward and Toni Large

Purchase Details

Closed on
Jun 24, 1981
Bought by
Whaley Kenneth and Whaley Linda A

Purchase Details

Closed on
Apr 30, 1977
Source: Public Records

Range of Values:

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Average Value
Not Available
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
The 2006 Dahlgren Family Trust $1,800,000 Colonial Title Group Inc
Wellman'S Properties Llc -- --
Wellmans Properties Llc -- --
David Wellman $450,000 --
Stiltner Rodney W $375,000 --
Ward Harold Edward -- --
Ward Harold Edward $126,000 --
Whaley Kenneth -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wellmans Properties Llc $512,727
Previous Owner Not Available $300,000
Previous Owner Not Available $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2019 04/25/19 Sold $1,800,000 -- $382 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $6,360 $623,550 $204,200 $419,350
2023 $6,360 $276,525 $0 $0
2022 $6,056 $276,525 $76,025 $200,500
2021 $6,056 $276,525 $76,025 $200,500
2020 $6,056 $276,525 $76,025 $200,500
2019 $6,056 $276,525 $76,025 $200,500
2018 $5,961 $253,650 $76,025 $177,625
2017 $5,961 $253,650 $76,025 $177,625
2016 $5,961 $253,650 $76,025 $177,625
2015 $5,961 $253,650 $76,025 $177,625
2014 -- $253,650 $76,025 $177,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1072429

East Tennessee REALTORS® MLS

APN: 088M-E-006.00