NOT LISTED FOR SALE

494 Sassafras Way Cosby, TN 37722

Estimated Value: $142,000 - $195,000

1 Bed
1 Bath
736 Sq Ft
$218/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $154,000 $209 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $937/month

51 Days on Market

Highlights

  • Private Pool
  • Cathedral Ceiling
  • Covered patio or porch
  • Chalet
  • Bonus Room
  • Skylights

About This Home

As of May 2024

Brand New Home in a prime community just outside of Gatlinburg! Easily accessible, no mountainous roads, level road just off 321! 1 bedroom 1 bath with a loft! Large open kitchen and living space. Beautiful tile floors throughout and equipped with kitchen appliances! Loft can be used as a second bedroom, kids room, or even storage. Great location within 20 minutes to Downtown Gatlinburg and just 6 minutes to the Great Smoky Mountain National Park Entrance. Enjoy this home year round, or as a vacation home! Onsite outdoor pool, hiking trails, bath house, and a playground. The HOA fee os only $50 per month includes the use of on site amenities, sewer, water and road maintenance. High Speed Internet is available! Golf cart friendly community with golf cart trails! Overnight Rentals are not allowed in the Edge of the Smokies, making this a perfect place to reside or male your second home. Very peaceful, quiet location! Site built home. The washer and dryer do not convey.

Last Agent to Sell the Property

Krista DeCarmine

TN Smoky Mtn Realty License #314542 Listed on: 02/04/2024

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM License #105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $121

Year Built

  • Built in 2023

Lot Details

  • 1,742 Sq Ft Lot
  • Property fronts a private road
  • Level Lot

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Chalet
  • Contemporary Architecture
  • Cottage
  • Cabin
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 736 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Bonus Room
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Range Hood

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Private Pool
  • Covered patio or porch

Utilities

  • Zoned Heating and Cooling
  • Shared Septic
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 91

Community Details

Overview

  • Association fees include insurance, ground maintenance, roads, sewer, water
  • Edge Of The Smokies HOA
  • Edge Of The Smokies Subdivision
  • On-Site Maintenance

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$121

Year Built

Built in 2023

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Zoning: Other
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Level
  • ResoPoolFeatures: Private
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Pool
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Roads, Sewer, Water
  • Pets Allowed: Yes
  • Co List Office Mls Id: 668
  • Subdivision Name: Edge of the Smokies
  • Above Grade Finished Sq Ft: 736.0
  • Architectural Style: Cabin, Chalet, Contemporary, Cottage
  • Fireplace: No
  • Garage Yn: No
  • Unit Levels: One
  • ResoWindowFeatures: Skylight(s)
  • Location Tax and Legal Tax Lot2: 91
  • Location Tax and Legal:Tax Annual Amount: 120.56
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Lot Size Acres: 0.04
  • General Property Information Above Grade Finished Area: 736.0
  • General Property Information Bonus Room YN2: Yes
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Appliances Refrigerators: Yes
  • Architectural Style Cabin2: Yes
  • Association Amenities Pool2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features Private4: Yes
  • Security Features:Smoke Detector(s): Yes
  • Water Source:Public: Yes
  • Sewer Shared Septic: Yes
  • Architectural Style Chalet: Yes
  • Utilities:Cable Available: Yes
  • Road Surface Type Gravel2: Yes
  • Levels:One: Yes
  • Foundation Details Slab: Yes
  • Road Frontage Type:Private Road: Yes
  • Architectural Style:Contemporary: Yes
  • General Property Information Fireplace YN: No
  • Architectural Style Cottage: Yes
  • Cooling:Zoned: Yes
  • Pets Allowed:Yes: Yes
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Electric Range, Range Hood, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet
  • Street Number Modifier: 494
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Appliances:Electric Range: Yes
  • Basement:None3: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances:Range Hood: Yes

Exterior Features

  • Roof: Metal
  • Acres: 0.04
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Skylight(s): Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Zoned, Other
  • Heating: Zoned, Other
  • Sewer: Shared Septic
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association Fee Frequency: Monthly
  • Association Name: Edge of the Smokies HOA
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Water: Yes

Lot Info

  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 120.56
  • Tax Lot: 91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2024
Sold by
Pawlak Amy
Bought by
Latham Perry
Total Days on Market
51
Current Estimated Value
$160,754

Purchase Details

Listed on
Feb 4, 2024
Closed on
Apr 25, 2024
Sold by
Tooley Juantez
Bought by
Carter Jerry and Latham Perry
Seller's Agent
Krista DeCarmine
TN Smoky Mtn Realty
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$159,000
Sold Price
$154,000
Premium/Discount to List
-$5,000
-3.14%
Views
181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$149,380
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2019
Sold by
Tooley Juan A
Bought by
Tooley Juantez

Purchase Details

Listed on
Nov 10, 2018
Closed on
Nov 20, 2018
Sold by
Newton Frank B
Bought by
Tooley Juan A
Seller's Agent
Cynthia Reeves
R n R Realty
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$32,500
Sold Price
$20,000
Premium/Discount to List
-$12,500
-38.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.60%

Purchase Details

Closed on
Sep 26, 2017
Sold by
Tweed Nora O
Bought by
Newton Frank B

Purchase Details

Closed on
Apr 20, 2007
Sold by
Beer Kelly
Bought by
Tweed James W

Purchase Details

Closed on
Dec 15, 2006
Sold by
Hathaway Kevin L
Bought by
Beer Kelly

Purchase Details

Closed on
Jul 2, 1999
Bought by
Hathaway Kevin L And Mary E Co-Trustees

Purchase Details

Closed on
Aug 17, 1998
Bought by
Waldrop Billy J

Purchase Details

Closed on
Jul 17, 1996
Sold by
Kagley James H
Bought by
Smith Harry T
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 Buyer Sale Price Title Company
Latham Perry -- None Listed On Document
Carter Jerry $154,000 Premier Title
Tooley Juantez -- Smoky Mountain Title
Tooley Juan A $20,000 Crossland Title Inc
Newton Frank B $15,000 None Available
Tweed James W $40,000 --
Beer Kelly $14,300 --
Hathaway Kevin L And Mary E Co-Trustees $7,500 --
Waldrop Billy J $2,500 --
Smith Harry T $4,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Jerry $149,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $154,000 +3.4% $209 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/07/2024 03/07/24 Price Changed $149,000 -6.3% $202 / Sq Ft
02/03/2024 02/03/24 For Sale $159,000 +141.3% $216 / Sq Ft
01/12/2022 01/12/22 Off Market $65,900 -- --
10/13/2021 10/13/21 Sold $65,900 0.0% $83 / Sq Ft
09/04/2021 09/04/21 Pending -- -- --
08/19/2021 08/19/21 Price Changed $65,900 -12.1% $83 / Sq Ft
07/07/2021 07/07/21 For Sale $75,000 +275.0% $95 / Sq Ft
11/20/2018 11/20/18 Sold $20,000 -38.5% $25 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
11/10/2018 11/10/18 For Sale $32,500 -- $41 / 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 $405 $15,825 $3,125 $12,700
2023 $405 $15,825 $3,125 $12,700
2022 $121 $4,700 $3,125 $1,575
2021 $121 $4,700 $3,125 $1,575
2020 $0 $4,700 $3,125 $1,575
2019 $125 $4,400 $2,725 $1,675
2018 $125 $4,400 $2,725 $1,675
2017 $99 $4,400 $2,725 $1,675
2016 $88 $3,400 $2,725 $675
2015 $73 $3,400 $2,725 $675
2014 $73 $3,400 $2,725 $675
2013 $73 $3,050 $2,500 $550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 268184

Great Smoky Mountains Association of REALTORS®

APN: 127I-B-037.00