$140,000
SOLD MAR 2, 2012

440 Oak Sky Way Sevierville, TN 37876

3 Beds
3 Baths
1,920 Sq Ft
0.8 Acres

Recently Sold

$73 Per Sq Ft

12% Below List Price

6 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Log Cabin
  • Gatlinburg Pittman High School Rated A-
  • No HOA
  • Heat Pump System

About This Home

As of September 2021

Great price on foreclosure cabin. Located in The Oaks in the New Center area. Close to all area attractions and would make great second home or perminent residence in this area. Good views, hardwood floors, gas fireplace, and in great condition. Large bonus or rec room in basement area.

Last Agent to Sell the Property

DEBBIE BLAIR

Re/Max Prime Properties License #296756 Listed on: 01/08/2012

Last Buyer's Agent

Merita Gregory

Re/Max Prime Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,065

Year Built

  • Built in 2005

Lot Details

  • 0.8 Acre Lot
  • Property fronts a county road

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • Cathedral Ceiling
  • Finished Basement
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deck

Utilities

  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • The Oaks Subdivision

Listing and Financial Details

  • Foreclosure
  • Tax Lot 44

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,065

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Zoning: None
  • Reso Property Sub Type: Single Family Residence
  • Road Frontage Type: County Road
  • Co List Office Mls Id: 152
  • ResoSpecialListingConditions: In Foreclosure
  • Subdivision Name: The Oaks
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Log
  • Garage Yn: No
  • Location Tax and Legal Tax Lot2: 44
  • Location Tax and Legal:Tax Annual Amount: 1064.9
  • Location Tax and Legal Tax Year2: 2011
  • General Property Information Lot Size Acres: 0.8
  • General Property Information Above Grade Finished Area: 960.0
  • General Property Information Below Grade Finished Area: 960.0
  • General Property Information Bonus Room YN2: No
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Architectural Style Log2: Yes
  • Road Frontage Type County Road: Yes
  • Water Source:Well: Yes
  • Special Listing Conditions In Foreclosure: Yes
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Basement: Exterior Entry, Finished
  • Interior Amenities: Cathedral Ceiling(s)
  • Street Number Modifier: 440
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 960.0
  • Interior Features:Cathedral Ceiling(s): Yes
  • Basement Finished: Yes
  • Basement:Exterior Entry: Yes

Exterior Features

  • Acres: 0.8
  • Home Warranty: No
  • Construction Type: Log
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Patio And Porch Features:Deck2: 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

  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 34848.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1064.9
  • Tax Lot: 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Sep 24, 2021
Sold by
Alim Shahzad and Shahzad Shazia
Bought by
Music Nathan A and Music Melissa C
Seller's Agent
Teresa Myers
Century 21 Legacy PF
Buyer's Agent
Cassie Clabough
Monarch Realty LLC
List Price
$639,000
Sold Price
$629,000
Premium/Discount to List
-$10,000
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.06%
Original Mortgage
$503,200
Outstanding Balance
$460,858
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$218,378

Purchase Details

Listed on
Jan 28, 2016
Closed on
Oct 31, 2016
Sold by
Rlb Rentals Llc
Bought by
Alim Shahzad and Shahzad Shazia
Seller's Agent
Jane Terrell
Century 21 Four Seasons WOD
Buyer's Agent
Kim Hester
Prime Mountain Properties
List Price
$249,000
Sold Price
$208,750
Premium/Discount to List
-$40,250
-16.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.19%

Purchase Details

Closed on
Jul 19, 2013
Sold by
Mitchem Ronald
Bought by
Rlb Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 8, 2012
Closed on
Feb 23, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mitchem Ronald
Seller's Agent
DEBBIE BLAIR
Re/Max Prime Properties
Buyer's Agent
Merita Gregory
Re/Max Prime Properties
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.56%
Original Mortgage
$126,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 2011
Sold by
Sessa Nicholas
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 5, 2006
Sold by
Mike Cecil
Bought by
Nicholas Sessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,970
Interest Rate
6.22%
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 $629,000 None Available
Warranty Deed $208,750 --
Warranty Deed $160,000 --
Special Warranty Deed $140,000 --
Deed $124,000 --
Deed $303,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $503,200 New Conventional
Previous Owner $135,000 Commercial
Previous Owner $126,000 Commercial
Previous Owner $272,970 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/04/2025 07/04/25 For Sale $674,999 +7.3% $352 / Sq Ft
12/26/2021 12/26/21 Off Market $629,000 -- --
09/27/2021 09/27/21 Sold $629,000 -1.6% $328 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $639,000 0.0% $333 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $639,000 +206.1% $333 / Sq Ft
01/29/2020 01/29/20 Off Market $208,750 -- --
10/31/2016 10/31/16 Sold $208,750 -16.2% $109 / Sq Ft
09/25/2016 09/25/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $249,000 +77.9% $130 / Sq Ft
05/31/2015 05/31/15 Off Market $140,000 -- --
03/02/2012 03/02/12 Sold $140,000 -12.4% $73 / Sq Ft
01/14/2012 01/14/12 Pending -- -- --
01/08/2012 01/08/12 For Sale $159,900 -- $83 / 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 $1,971 $133,200 $14,000 $119,200
2023 $1,971 $133,200 $0 $0
2022 $1,232 $83,250 $8,750 $74,500
2021 $1,232 $83,250 $8,750 $74,500
2020 $919 $83,250 $8,750 $74,500
2019 $919 $49,425 $8,750 $40,675
2018 $919 $49,425 $8,750 $40,675
2017 $919 $49,425 $8,750 $40,675
2016 $919 $49,425 $8,750 $40,675
2015 -- $48,325 $0 $0
2014 $788 $48,334 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 171829

Great Smoky Mountains Association of REALTORS®

APN: 040J-B-044.00