NOT LISTED FOR SALE

512 Indian Gap Rd Sevierville, TN 37876

Estimated Value: $345,600 - $571,000

2 Beds
2 Baths
2,480 Sq Ft
$185/Sq Ft Est. Value

Last Sold August 08, 2014

Last sale price $154,900 $62 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $2,486/month

151 Days on Market

Highlights

  • 3.67 Acre Lot
  • Mountain View
  • Private Lot
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of August 2014

BANK FORECLOSURE. Great views of the Great Smoky Mtns. from this 2-story Cabin Home, sitting on Nearly 4 ACRES!!! Features include a Real Log Burning Fireplace, Tub, Wrap-around Patio Decks, A partially finished basement, great for in-law quarters/3rd Bedroom, game room etc. A 1-car garage in basement with a workshop. Would make for a Great Year Round Livable Home or Rental cabin. Conveniently close to the Wilderness Resort, Convention Cntr., Sevierville Golf Course, I-40, area shows, attractions, restaurants and more! Needs some TLC, mold in the basement area(see photo). PLEASE DO NOT CONTACT BANK DIRECTLY. 'SOLD AS IS' WITH NO WARRANTY IMPLIED OR EXPRESSED. Bank Financing Available to qualified Buyer. Please note: 514 & 512 Indian Gap Rd. were recently subdivided and require a shared well agreement. City Water utility is available.

Last Agent to Sell the Property

Oscar Valle

New Creation Real Estate LLC License #314490 Listed on: 02/10/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $654

Year Built

  • Built in 2005

Lot Details

  • 3.67 Acre Lot
  • Property fronts a county road
  • Private Lot
  • Wooded Lot
  • Property is zoned A-1

Parking

  • 1 Car Garage
  • Basement Garage
  • Private Parking
  • Driveway

Home Design

  • Metal Roof
  • Block And Beam Construction

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Mountain Views

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Rain Gutters

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Foreclosure
  • Tax Lot 2R-2

Home Details

Home Type

Single Family

Est. Annual Taxes

$654

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Zoning: A-1
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Private, Wooded
  • Road Frontage Type: City Street, County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Co List Office Mls Id: 524
  • ResoSpecialListingConditions: In Foreclosure
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 1947.0
  • Fireplace: Yes
  • Unit Levels: Two
  • Reso Other Structures: Workshop
  • Location Tax and Legal Tax Lot2: 2R-2
  • Location Tax and Legal:Tax Annual Amount: 654.0
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Lot Size Acres: 3.67
  • General Property Information Above Grade Finished Area: 1947.0
  • General Property Information Below Grade Finished Area: 533.0
  • General Property Information Below Grade Unfinished Area: 533.0
  • 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
  • General Property Information View YN2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Land Features View Mountains: Yes
  • Levels:Two: Yes
  • Road Frontage Type County Road: Yes
  • Other Structures:Workshop: Yes
  • Water Source Shared Well: Yes
  • Special Listing Conditions In Foreclosure: Yes
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Exterior Entry, Partial, Walk-Out Access
  • Appliances: Electric Range, Microwave, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s)
  • Street Number Modifier: 512
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 533.0
  • Fireplace Features: Wood Burning
  • Appliances:Electric Range: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Basement:Basement2: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Exterior Entry: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Partial: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Metal
  • Acres: 3.67
  • View: Yes
  • Home Warranty: No
  • Construction Type: Block
  • Patio And Porch Features: Deck
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Block: Yes
  • Lot Features:Private2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Basement, Driveway, Paved, Private
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Private3: Yes
  • Parking Features:Basement: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 159865.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 654.0
  • Tax Lot: 2R-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2021
Sold by
Al Teddy Jones Et
Bought by
Delozier Enterprises Llc
Current Estimated Value
$458,300

Purchase Details

Closed on
Mar 5, 1991
Bought by
Melvin Land and Hudson Ruth L

Purchase Details

Closed on
Sep 20, 1989
Bought by
Williams Grace E
Source: Public Records

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
Delozier Enterprises Llc $575,000 Smoky Mountain Title
Melvin Land $13,000 --
Williams Grace E $5,200 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2014 11/07/14 Off Market $154,900 -- --
08/08/2014 08/08/14 Sold $154,900 -3.1% $62 / Sq Ft
07/11/2014 07/11/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $159,900 -- $64 / 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 $683 $46,150 $8,350 $37,800
2024 $683 $46,150 $8,350 $37,800
2023 $683 $46,150 $0 $0
2022 $683 $46,150 $8,350 $37,800
2021 $683 $46,150 $8,350 $37,800
2020 $718 $46,150 $8,350 $37,800
2019 $718 $38,575 $8,625 $29,950
2018 $718 $38,575 $8,625 $29,950
2017 $718 $38,575 $8,625 $29,950
2016 $718 $38,575 $8,625 $29,950
2015 -- $38,775 $0 $0
2014 $632 $38,765 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2014

    Oscar Valle

    New Creation Real Estate LLC

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 190861

Great Smoky Mountains Association of REALTORS®

APN: 037-015.00

Tennessee Sevier County Sevierville 37876

512 Indian Gap Rd, Sevierville, TN

This home is located at 512 Indian Gap Rd, Sevierville, TN 37876 since 10 February 2014 and is currently estimated at $458,300, approximately $184 per square foot. This property was built in 2005. 512 Indian Gap Rd is a home located in Sevier County with nearby schools including Northview Elementary School, Catons Chapel Elementary School, and Jones Cove Elementary School.

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