$128,600
SOLD JUN 21, 2013

4010 Indian Springs Rd Sevierville, TN 37862

1 Bed
1 Bath
1,120 Sq Ft
0.66 Acres

Recently Sold

$115 Per Sq Ft

18% Below List Price

171 Days on Market

Highlights

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

About This Home

As of January 2017

Absolutely awesome rental cabin in beautiful Wears Valley! Bank foreclosure being sold fully furnished. Maple floors, hickory cabinets, stacked stone wood burning fireplace , wet bar, log furniture and tasteful decor, screened porch with hot tub, waterfront on 1+ acre fully stocked pond and beautiful mountain views. It is just lovely! It will make a great investment property or 2nd home. It is NOT the typical foreclosure! It is turnkey and ready to occupy!

Last Agent to Sell the Property

Noreen McConnell

Skye Realty & Rentals, Inc. Listed on: 11/23/2012

Last Buyer's Agent

Wendy Booth

WEARS VALLEY REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $912

Year Built

  • Built in 2001

Lot Details

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

Home Design

  • Chalet
  • Cottage
  • Brick or Stone Mason
  • Combination Foundation
  • Slab Foundation
  • Composition Roof
  • Log Siding
  • Masonry
  • Cedar
  • Stone

Interior Spaces

  • 1,120 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Wood Flooring
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Range Hood
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Screened Patio
  • Rain Gutters
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include insurance, sewer, water
  • Indian Springs Subdivision

Listing and Financial Details

  • Foreclosure
  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$912

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Zoning: Residential
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLotFeatures: Level, Water Amenity
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Other
  • Reso Association Fee Includes: Insurance, Sewer, Water
  • Co List Office Mls Id: 507
  • ResoSpecialListingConditions: In Foreclosure
  • Subdivision Name: Indian Springs
  • Above Grade Finished Sq Ft: 1120.0
  • Architectural Style: Chalet, Cottage
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Two
  • ResoWindowFeatures: Double Pane Windows, Window Treatments
  • Location Tax and Legal Tax Lot2: 1
  • Location Tax and Legal:Tax Annual Amount: 912.0
  • Location Tax and Legal Tax Year2: 2011
  • General Property Information Lot Size Acres: 0.66
  • General Property Information Above Grade Finished Area: 1120.0
  • 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
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Interior Features Great Room2: 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
  • Sewer Septic Permit On File: Yes
  • Foundation Details Slab: Yes
  • Water Source Shared Well: Yes
  • Architectural Style Cottage: Yes
  • Foundation Details Combination: Yes
  • Special Listing Conditions In Foreclosure: Yes
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Great Room
  • Street Number Modifier: 4010
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Insert, Wood Burning
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Insert: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Acres: 0.66
  • View: Yes
  • Home Warranty: No
  • Construction Type: Cedar, Log Siding, Masonry, Stone
  • Foundation Details: Combination, Slab
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Level: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Cedar: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Log Siding: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Masonry3: 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
  • Heating: Central
  • Sewer: Septic Tank, Septic Permit On File
  • 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: 11.0
  • Association: No

Association/Amenities

  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Water: Yes

Lot Info

  • Lot Size Sq Ft: 28749.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 912.0
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2016
Closed on
Jan 27, 2017
Sold by
Holloway Edward W
Bought by
Dockins John W
Seller's Agent
Wendy Booth
Mountain Realty Group
Buyer's Agent
Wendy Booth
Mountain Realty Group
List Price
$169,900
Sold Price
$162,500
Premium/Discount to List
-$7,400
-4.36%
Current Estimated Value
$504,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,559
Avg. Annual Appreciation
13.61%
Original Mortgage
$130,000
Outstanding Balance
$109,009
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$369,924

Purchase Details

Listed on
Nov 23, 2012
Closed on
May 16, 2013
Sold by
Gsr Mtg Loan Trust
Bought by
Holloway Margaret E and Holloway Edward W
Seller's Agent
Noreen McConnell
Skye Realty & Rentals, Inc.
Buyer's Agent
Wendy Booth
WEARS VALLEY REALTY GROUP
List Price
$157,500
Sold Price
$128,600
Premium/Discount to List
-$28,900
-18.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$102,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 2012
Sold by
Snell David D
Bought by
Pnc Bank Na

Purchase Details

Closed on
Feb 2, 2005
Sold by
Larry Robinson Omer
Bought by
Snell David D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,900
Interest Rate
5.25%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $162,500 --
Special Warranty Deed $128,600 --
Deed $141,210 --
Deed $239,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,000 New Conventional
Previous Owner $102,000 Commercial
Previous Owner $191,900 No Value Available
Previous Owner $146,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2020 04/29/20 Off Market $162,500 -- --
01/30/2017 01/30/17 Sold $162,500 -4.4% $145 / Sq Ft
12/17/2016 12/17/16 Pending -- -- --
11/02/2016 11/02/16 For Sale $169,900 +32.1% $152 / Sq Ft
09/19/2016 09/19/16 Off Market $128,600 -- --
06/21/2013 06/21/13 Sold $128,600 -18.3% $115 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
11/23/2012 11/23/12 For Sale $157,500 -- $141 / 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 $1,453 $98,200 $13,680 $84,520
2023 $1,453 $98,200 $0 $0
2022 $908 $61,375 $8,550 $52,825
2021 $908 $61,375 $8,550 $52,825
2020 $699 $61,375 $8,550 $52,825
2019 $699 $37,575 $8,550 $29,025
2018 $699 $37,575 $8,550 $29,025
2017 $699 $37,575 $8,550 $29,025
2016 $699 $37,575 $8,550 $29,025
2015 $631 $38,700 $0 $0
2014 $631 $38,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 178106

Great Smoky Mountains Association of REALTORS®

APN: 134B-C-001.00