NOT LISTED FOR SALE

4453 Shangrila Way Sevierville, TN 37876

Estimated Value: $1,207,000 - $1,389,000

5 Beds
5.5 Baths
4,068 Sq Ft
$319/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $1,100,000 $270 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,368/month

9 Days on Market

Highlights

  • Pool and Spa
  • Mountain View
  • Cathedral Ceiling
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Bonus Room

About This Home

As of July 2021

BRAND NEW AND COMPLETELY FINISHED in 2021. 5BR/ 5.5BA huge luxury cabin with over 4000 sqft. Features include an all wood interior, cathedral ceiling, granite counter tops, stainless steel appliances, media room, and game room. In a beautiful setting. Beautiful inside and out! Located in newly developed subdivision with beautifully built cabins throughout. In an excellent location convenient to both Gatlinburg and Pigeon Forge. Bear Tracts Vacation Cabins has projected this cabin to gross approximately $136,723 per year in gross rental income. Excellent investment opportunity!

Last Agent to Sell the Property

Darlene Derosia

Smoky Mountain Real Estate Cor Listed on: 05/19/2021

Last Buyer's Agent

Kelly White

The Real Estate Firm Inc. Sevier License #321745

The Real Estate Firm Inc. Sevier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $867

Year Built

  • Built in 2021

Lot Details

  • 436

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Cabin
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Bonus Room
  • Mountain Views
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pool and Spa
  • Deck
  • Rain Gutters

Utilities

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

Community Details

  • Association fees include roads
  • Mountain Shangrila Association
  • Mountain Shangrila Subdivision

Listing and Financial Details

  • Tax Lot 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$867

Year Built

Built in 2021

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub
  • Road Surface Type: Gravel, Paved
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Fee Includes: Roads
  • Co List Office Mls Id: 505
  • Subdivision Name: Mountain Shangrila
  • Above Grade Finished Sq Ft: 2712.0
  • Architectural Style: Cabin
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Location Tax and Legal Tax Lot2: 12
  • Location Tax and Legal:Tax Annual Amount: 867.22
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Above Grade Finished Area: 2712.0
  • General Property Information Below Grade Finished Area: 1356.0
  • General Property Information:Bathrooms Half: 1
  • General Property Information Bonus Room YN2: Yes
  • 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
  • Cooling:Central Air: 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
  • Sewer Shared Septic: Yes
  • Levels Three Or More: Yes
  • Road Surface Type Gravel2: Yes
  • Pool Features Hot Tub: Yes
  • Water Source Shared Well: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Solid Surface Counters
  • Street Number Modifier: 4453
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1356.0
  • Fireplace Features: Electric
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Interior Features:Solid Surface Counters: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Deck
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Monthly
  • Association Name: Mountain Shangrila
  • Association: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 867.22
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2019
Sold by
Mountain Shangrila Llc
Bought by
Derosia Philip L and Derosia Kimberly R
Current Estimated Value
$1,296,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2014
Sold by
Merritt Marvin T
Bought by
Sbc Iv Reo Llc
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
Derosia Philip L $450,000 None Available
Sbc Iv Reo Llc $1,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Derosia Philip L $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2021 10/25/21 Off Market $1,100,000 -- --
07/23/2021 07/23/21 Sold $1,100,000 0.0% $270 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $1,100,000 -- $270 / 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 $4,418 $298,520 $20,000 $278,520
2024 $4,418 $298,520 $20,000 $278,520
2023 $4,418 $298,520 $0 $0
2022 $2,761 $186,575 $12,500 $174,075
2021 $30 $186,575 $12,500 $174,075
2020 $28 $2,000 $2,000 $0
2019 $28 $1,500 $1,500 $0
2018 $28 $1,500 $1,500 $0
2017 $28 $1,500 $1,500 $0
2016 $28 $1,500 $1,500 $0
2015 -- $2,500 $0 $0
2014 -- $2,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Darlene Derosia

    Smoky Mountain Real Estate Cor

    Section Image
  • Kelly White

    Buyer's Agent in 2021

    Kelly White

    The Real Estate Firm Inc. Sevier

    (865) 804-9791

    151 in this area

    304 Total Sales

    Kelly White
    Section Image
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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 242609

Great Smoky Mountains Association of REALTORS®

APN: 106-051.00-012

Tennessee Sevier County Sevierville 37876

4453 Shangrila Way, Sevierville, TN

This home is located at 4453 Shangrila Way, Sevierville, TN 37876 since 19 May 2021 and is currently estimated at $1,296,272, approximately $318 per square foot. This property was built in 2021. 4453 Shangrila Way is a home located in Sevier County with nearby schools including Catons Chapel Elementary School, Jones Cove Elementary School, and Northview Elementary School.

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