$260,000
SOLD MAR 1, 2021

502 Lane Hollow Rd Sevierville, TN 37876

3 Beds
2 Baths
2,080 Sq Ft
1 Acres

Recently Sold

$125 Per Sq Ft

80 Days on Market

Highlights

  • 1 Acre Lot
  • Bonus Room
  • Log Cabin
  • Gatlinburg Pittman High School Rated A-
  • No HOA
  • 1 Car Garage

About This Home

As of March 2021

---MOTIVATED SELLERS!!--- ***FRONT PORCH VIEWS!!!*** True log-built home in the heart of Sevierville TN. Nestled behind an established horse farm, this cozy cabin offers you amazing privacy and convenience. Featuring 3 bedrooms, 2 bath and over 2,000 livable sq/ft, this magnificent cabin has had some recent updates to include: Flooring, paint, kitchen remodel, and roof. Step outside onto a large, wrap around front porch that boasts beautiful views of the mountains! Schedule your private showing today before this one is gone! **** HOUSE IS ON PRIVATE PROPERTY! MUST HAVE AGENT REPRESENTATION TO VIEW PROPERTY. NOT A ''DRIVE BY'' LOCATION ****

Last Agent to Sell the Property

Jacob Collins

Keller Williams Smoky Mountain Listed on: 11/12/2020

Last Buyer's Agent

Mary Beth Whitaker

MG Rise Real Estate Group License #358029

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $449

Year Built

  • Built in 1992

Lot Details

  • 1 Acre Lot

Parking

  • 1 Car Garage

Home Design

  • Log Cabin

Interior Spaces

  • 2,080 Sq Ft Home
  • Bonus Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot n.a

Home Details

Home Type

Single Family

Est. Annual Taxes

$449

Year Built

Built in 1992

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1992
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 772
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 2080.0
  • Architectural Style: Cabin, Log
  • Garage Yn: Yes
  • Location Tax and Legal Tax Lot2: n.a
  • Location Tax and Legal:Tax Annual Amount: 449.19
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 1.0
  • General Property Information Above Grade Finished Area: 2080.0
  • 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
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Water Source:Well: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Street Number Modifier: 502
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Acres: 1.0
  • Home Warranty: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 449.19
  • Tax Lot: n.a

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Feb 27, 2021
Sold by
Legere Derek Michael and Legere Linda Abigail
Bought by
Laycock Daniel A
Seller's Agent
Jacob Collins
Keller Williams Smoky Mountain
Buyer's Agent
Mary Beth Whitaker
MG Rise Real Estate Group
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.88%
Original Mortgage
$160,000
Outstanding Balance
$145,049
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$392,028

Purchase Details

Listed on
Sep 2, 2015
Closed on
Nov 2, 2015
Sold by
Carter Mikel R
Bought by
Legrer Derek Michael and Tellez Linda Abigail
Seller's Agent
Tracy King
Your Home Guaranteed Realty, TN
Buyer's Agent
Alex Ludden
Coldwell Banker Wallace & Wallace, Realtors
Sold Price
$177,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$178,920
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2013
Closed on
Sep 9, 2013
Sold by
Adams Gloria
Bought by
Carter Mikel R and Carter Janet L
Seller's Agent
Tracy King
Your Home Guaranteed Realty, TN
Buyer's Agent
Sean Glenn
Cornerstone Realty of Dandridge
Sold Price
$157,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
Original Mortgage
$125,600
Interest Rate
4.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Adams Gloria

Purchase Details

Closed on
May 7, 2009
Sold by
Mcmahan Karen
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 4, 2008
Sold by
Mcmahan Robert L
Bought by
Mcmahan Karen Y

Purchase Details

Closed on
May 15, 1991
Bought by
Mcmahan Robert L and Mcmahan Karen
Source: Public Records

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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 $260,000 Smoky Mountain Title
Warranty Deed $174,000 --
Warranty Deed $157,000 --
Deed $55,331 --
Deed $56,641 --
Deed -- --
Warranty Deed $1,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 Purchase Money Mortgage
Previous Owner $182,726 New Conventional
Previous Owner $178,920 New Conventional
Previous Owner $125,600 Commercial
Previous Owner $37,995 No Value Available
Previous Owner $72,553 No Value Available
Previous Owner $76,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Price Changed $549,000 -8.3% $264 / Sq Ft
03/06/2025 03/06/25 For Sale $599,000 +130.4% $288 / Sq Ft
05/30/2021 05/30/21 Off Market $260,000 -- --
03/23/2021 03/23/21 Off Market $260,000 -- --
03/01/2021 03/01/21 Sold $260,000 0.0% $125 / Sq Ft
03/01/2021 03/01/21 Sold $260,000 +46.9% $125 / Sq Ft
01/31/2021 01/31/21 Off Market $177,000 -- --
11/16/2020 11/16/20 Price Changed $240,000 -7.7% $115 / Sq Ft
11/12/2020 11/12/20 For Sale $260,000 +65.6% $125 / Sq Ft
12/08/2016 12/08/16 Off Market $157,000 -- --
11/02/2015 11/02/15 Sold $177,000 0.0% $85 / Sq Ft
11/02/2015 11/02/15 Sold $177,000 -9.2% $85 / Sq Ft
09/18/2015 09/18/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $195,000 +24.2% $94 / Sq Ft
09/09/2013 09/09/13 Sold $157,000 0.0% $75 / Sq Ft
09/09/2013 09/09/13 Sold $157,000 -4.8% $75 / Sq Ft
08/09/2013 08/09/13 Pending -- -- --
06/24/2013 06/24/13 For Sale $165,000 -- $79 / 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 $948 $64,075 $6,150 $57,925
2023 $948 $64,075 $0 $0
2022 $948 $64,075 $6,150 $57,925
2021 $948 $64,075 $6,150 $57,925
2020 $449 $64,075 $6,150 $57,925
2019 $449 $24,150 $5,125 $19,025
2018 $449 $24,150 $5,125 $19,025
2017 $449 $24,150 $5,125 $19,025
2016 $449 $24,150 $5,125 $19,025
2015 -- $23,750 $0 $0
2014 $387 $23,756 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 231082

Great Smoky Mountains Association of REALTORS®

APN: 039-125.01