NOT LISTED FOR SALE

498 Jack Potts Dr Dandridge, TN 37725

Dandridge Area

Estimated Value: $961,270 - $1,253,000

3 Beds
3 Baths
2,328 Sq Ft
$474/Sq Ft Est. Value

Sale Details

Date Sold: August 28, 2019

Last sale price $655,000 $281 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,107 / mo

Highlights

  • Lake Front
  • Wooded Lot
  • No HOA
  • Deck
  • High Ceiling
  • Log Cabin

About This Home

As of August 2019

This Amazing Cabin PLUS additional Waterfront Lot, practically pays for itself. The cabin is currently being rented seasonally by the owner. Revenue is increasing yearly. You can own this beautifully fully equip cabin (furniture and furnishings negotiable) and move in or vacation for free. Located at the end of a very private and secluded cul-de-sac yet less than an hour to pigeon forge, Dollywood, Gatlinburg, Shopping and more. This Cabin with additional build-able lot has approximately 3 acres above the lake ready to build a guest house or additional income producing property. Custom Kitchen, baths and bonus rooms with laminate, Hardwood and tile floors throughout. Master bath has a large Jacuzzi tub, separate shower, double sink and more. Beautiful stone gas fireplace, game room, large loft and three decks. The main level has huge custom windows letting the outside in creating unbelievable waterfront sunsets. You can enjoy these views from inside or while relaxing in the Hot tub watching your favorite game on the flat screen TV outside on the main deck. This Huge three level cabin has its own private owners suite located on the top level that currently gets locked off when rented to keep your belonging private. Or you can open it up to unlock a higher weekly rental income. Views from this Cabin are truly amazing with wide water main channel views on one side and gorgeous mountain views on the other. Drive down its own private driveway to boat or fish from your own private dock. Don't wait and pass up this great opportunity. Where else can you get all this while earning income.

Last Agent to Sell the Property

Mark Jackson

Jackson R. E. & Auction Brokerage Phone: 8655484215 License #227129 Listed on: 07/08/2019

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,461

Year Built

  • Built in 2004

Lot Details

  • 1.13 Acre Lot
  • Lake Front
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Garage Door Opener

Property Views

  • Lake
  • Mountain

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 2,328 Sq Ft Home
  • Property has 3 Levels
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 31

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,461

Year Built

Built in 2004

Lot Details

1.13 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • Year Built: 2004
  • Unit Levels: Three Or More
  • New Construction: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: High Ceilings, Ceiling Fan(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Fireplace Features: Gas
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Has Basement: Full, Partially Finished, Walk-Out Access, Other
  • Building Area Units: Square Feet
  • Living Area: 2328.0
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Log
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Metal
  • Topography: Level,Wooded
  • View: Lake, Mountain(s)
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Basement
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Central Air, Electric, Other
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump, Propane
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Acres: 1.130
  • Lot Size: IRR/IRR/IRR/IRR
  • Lot Size Units: Acres
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2461
  • Tax Lot: 31

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Aug 28, 2019
Sold by
Bought by
Seller's Agent
Mark Jackson
Jackson R. E. & Auction
List Price
$589,000
Sold Price
$655,000
Premium/Discount to List
$66,000
11.21%
Current Estimated Value
$1,102,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,318
Avg. Annual Appreciation
7.78%
Original Mortgage
$524,000
Outstanding Balance
$450,886
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$651,433

Purchase Details

Closed on
Nov 5, 1997
Bought by

Purchase Details

Closed on
Feb 26, 1993
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$655,000 Heritage Title Agency Inc
$75,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $524,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/28/2019 08/28/19 Sold $655,000 +11.2% $281 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $589,000 -- $253 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,084 $215,675 $33,750 $181,925
2023 $2,767 $120,300 $0 $0
2022 $2,635 $120,300 $15,000 $105,300
2021 $2,635 $120,300 $15,000 $105,300
2020 $2,635 $120,300 $15,000 $105,300
2019 $2,635 $120,300 $15,000 $105,300
2018 $2,461 $104,725 $12,500 $92,225
2017 $2,461 $104,725 $12,500 $92,225
2016 $2,461 $104,725 $12,500 $92,225
2015 $2,461 $104,725 $12,500 $92,225
2014 $2,461 $104,725 $12,500 $92,225
Source: Public Records

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Map

Source: Realtracs

MLS Number: 3310256

Realtracs

APN: 084F-B-021.00

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