NOT LISTED FOR SALE

5202 Riversong Way Sevierville, TN 37876

Estimated Value: $752,702

2 Beds
2 Baths
1,768 Sq Ft
$426/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $656,000 $371 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,194/month

2 Days on Market

Highlights

  • Pool and Spa
  • 3.19 Acre Lot
  • Chalet
  • Gatlinburg Pittman High School Rated A-
  • Mountain View
  • Deck

About This Home

As of June 2021

Great opportunity to own a high-end STR or vacation home in the Riversong Community in Pittman Center. This large 2 bedroom, 2 bath property sits up close to the top of the community with wonderful mountain views. The home sits on just over an acre with usable land. Front yard is actually flat and has a fenced in side yard with a dog run and dog house! The two adjoining lots (64 & 65) are being sold with the property and are both buildable lots. They can be built on or just kept as a buffer for privacy and control of the views. Total acreage is just over 3 acres. Both bedrooms qualify as primary suites. Each has a king-size, Sleep Number bed, each with its own wireless control. Each bedroom also has a Brookstone Sleep Sound machine, with specially engineered aural options to make it even easier to fall asleep and stay asleep. There's a 40" Flat TV and DVD player in each bedroom, and charging stations for your cell phone. Each bedroom has a full custom bathroom like you have never seen. There are dual sinks crafted of petrified wood in one bathroom and a gorgeous, raised pottery sink in the other. You will find slate countertops, reclaimed wood shower doors, stone showers with large rainmaker shower heads and built-in benches. One of the bathrooms even has a waterfall feature! The back deck has a spacious, outdoor hot tub. It is positioned so that you can gaze out at the spectacular mountain view as you soak. There is also additional seating and a flat screen TV on the back deck. The living room features a 60" flat-screen TV and DVD player, with the added benefit of a Bose speaker system and SiriusXM radio. Television service for all TVs is provided by DirecTV. Lean back on the power recliner sofa or love seat and enjoy. In winter, the gas fireplace makes this room especially welcoming and cozy. This property does have an open floor plan but each room is a dedicated space. For instance, even though it is open to the kitchen, there is a formal dining area with plenty of room. The dining table seats six in both style and comfort. The kitchen counter tops are granite, as is the breakfast bar, which seats four. The kitchen is equipped with appliances galore (including a Keurig coffee system plus a traditional coffee maker), cookware, tableware, and plenty of space. This property consistently generates gross income over 60k year after year. Gross income for 2020 was over $73,000 and 2021 already has over $50,000 on the books. Cabin is open for viewing on Saturday 4/10 from 11am - 3pm only. Viewing the property is preferred. See addendum for instructions.

Last Agent to Sell the Property

ANNIE MALONEY

Prime Mountain Properties License #297936 Listed on: 04/09/2021

Prime Mountain Properties

Last Buyer's Agent

Owen Poveda

ReMax Preferred Properties, In License #293522

ReMax Preferred Properties, In

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,683

Year Built

  • Built in 2002

Lot Details

  • 3.19 Acre Lot
  • Property fronts a county road
  • Fenced

HOA Fees

  • $79 Monthly HOA Fees

Home Design

  • Chalet
  • Cabin
  • Frame Construction
  • Wood Siding
  • Log Siding
  • Block And Beam Construction

Interior Spaces

  • 1,768 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Formal Dining Room
  • Wood Flooring
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank
  • Septic Permit Issued

Community Details

  • Association fees include roads
  • Riversong HOA
  • Riversong Subdivision

Listing and Financial Details

  • Tax Lot 63

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,683

Year Built

Built in 2002

Lot Details

0

HOA Fees

$79 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Security System, Smoke Detector(s)
  • Reso Association Fee Includes: Roads
  • Co List Office Mls Id: 325
  • Subdivision Name: Riversong
  • Above Grade Finished Sq Ft: 1768.0
  • Architectural Style: Cabin, Chalet
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: One
  • ResoWindowFeatures: Window Treatments
  • Location Tax and Legal Tax Lot2: 63
  • Location Tax and Legal:Tax Annual Amount: 1683.0
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 3.19
  • General Property Information Above Grade Finished Area: 1768.0
  • General Property Information Bonus Room YN2: No
  • 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 Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • Fencing Fenced: Yes
  • Interior Features Formal Dining: Yes
  • Architectural Style Chalet: Yes
  • Road Frontage Type County Road: Yes
  • Security Features:Security System: Yes
  • Sewer Septic Permit On File: Yes
  • Levels:One: Yes
  • Water Source:Well: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Formal Dining, Solid Surface Counters, Walk-In Closet(s)
  • Street Number Modifier: 5202
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Solid Surface Counters: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Fencing: Fenced
  • Acres: 3.19
  • View: Yes
  • Home Warranty: No
  • Construction Type: Block, Frame, Log Siding, Wood Siding
  • Patio And Porch Features: Deck
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Log Siding: Yes
  • Construction Materials:Block: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Tank, Septic Permit On File
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 79.16
  • Association Fee Frequency: Monthly
  • Association Name: Riversong HOA
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 138956.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1683.0
  • Tax Lot: 63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 1, 2021
Sold by
Chatfield Joseph A and Chatfield Gratia
Bought by
Drake Christopher J and Sniukiene Vilma
Seller's Agent
ANNIE MALONEY
Prime Mountain Properties
Buyer's Agent
Owen Poveda
ReMax Preferred Properties, In
List Price
$625,000
Sold Price
$656,000
Premium/Discount to List
$31,000
4.96%
Current Estimated Value
$752,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,702
Avg. Annual Appreciation
3.21%
Original Mortgage
$300,000
Outstanding Balance
$227,778
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$524,924

Purchase Details

Closed on
Jul 22, 2016
Sold by
Chatfield Rhonda C
Bought by
Chatfield Rhonda C and Chatfield Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2015
Sold by
Harrison Thomas A
Bought by
Warkoski Diane R

Purchase Details

Closed on
Aug 25, 2015
Sold by
Harrison Gratia I
Bought by
Harrison Thomas A

Purchase Details

Closed on
Jun 22, 2004
Sold by
Winter Nancy B
Bought by
Harrison Thomas A

Purchase Details

Closed on
Oct 1, 2001
Sold by
Riversong Estates
Bought by
Winter Nancy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.89%
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
Drake Christopher J $650,000 Title Group Of Tennessee
Chatfield Rhonda C -- --
Chatfield Rhonda C $300,000 --
Warkoski Diane R -- --
Harrison Thomas A -- --
Harrison Thomas A $285,000 --
Winter Nancy B $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drake Christopher J $300,000
Previous Owner Chatfield Rhonda C $240,000
Previous Owner Winter Nancy B $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2021 09/01/21 Off Market $656,000 -- --
06/01/2021 06/01/21 Sold $656,000 +5.0% $371 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $625,000 -- $354 / 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 $1,638 $177,120 $20,000 $157,120
2024 $1,638 $110,700 $12,500 $98,200
2023 $1,638 $110,700 $0 $0
2022 $1,638 $110,700 $12,500 $98,200
2021 $1,638 $110,700 $12,500 $98,200
2020 $1,266 $110,700 $12,500 $98,200
2019 $1,266 $68,050 $15,000 $53,050
2018 $1,266 $68,050 $15,000 $53,050
2017 $1,266 $68,050 $15,000 $53,050
2016 $1,266 $68,050 $15,000 $53,050
2015 -- $71,425 $0 $0
2014 $1,164 $71,436 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 241738

Great Smoky Mountains Association of REALTORS®

APN: 109H-A-063.00