NOT LISTED FOR SALE

525 Sourdough Hollow Rd Kodak, TN 37764

Estimated Value: $583,639 - $588,000

3 Beds
3 Baths
1,590 Sq Ft
$368/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $215,000 $135 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $3,264/month

19 Days on Market

Highlights

  • 4.71 Acre Lot
  • Deck
  • No HOA
  • Gatlinburg Pittman High School Rated A-
  • Wooded Lot
  • Cottage

About This Home

As of June 2023

Calling any and all investors who have a keen eye for detail and a BIG imagination! This unique 3 bedroom, 3 and 1/2 bath home sitting on 4.5 acres is looking for someone to restore it to its natural beauty and charm. Make this your 2nd home, flip it, or turn it into a very unique overnight rental, the possibilities are endless. Each of the 3 bedrooms has its own bathroom and its own entry/exit door. The spacious basement garage is perfect for a workshop with a half bath and you'll have no problem fitting all your vehicles and toys. There is plenty of outdoor space for gardening and entertaining. The skylight in the center of the home gives off so much natural lighting. Let your imagination run wild here! Bring all offers seller.

Last Agent to Sell the Property

Dennis Brooks

Mountain Home Realty License #300334 Listed on: 05/12/2023

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM License #105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $577

Year Built

  • Built in 1997

Lot Details

  • 4.71 Acre Lot
  • Property fronts a county road
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Basement Garage

Home Design

  • Cottage
  • Frame Construction
  • Composition Roof
  • Block And Beam Construction

Interior Spaces

  • 1,590 Sq Ft Home
  • 1-Story Property
  • No Kitchen Appliances
  • Washer and Electric Dryer Hookup
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Permit Issued

Community Details

  • No Home Owners Association
  • Sam Hills Subdivision

Listing and Financial Details

  • Tax Lot 26//
  • Assessor Parcel Number 005 074.05

Home Details

Home Type

Single Family

Est. Annual Taxes

$577

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Wooded
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 792
  • Subdivision Name: Sam Hills
  • Above Grade Finished Sq Ft: 1590.0
  • Architectural Style: Cottage
  • Fireplace: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 005 074.05
  • Location Tax and Legal Tax Lot2: 26//
  • Location Tax and Legal:Tax Annual Amount: 576.83
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Lot Size Acres: 4.71
  • General Property Information Above Grade Finished Area: 1590.0
  • General Property Information Below Grade Unfinished Area: 1590.0
  • 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
  • Cooling:Central Air: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Road Frontage Type County Road: Yes
  • Sewer Septic Permit On File: Yes
  • Levels:One: Yes
  • Water Source:Well: Yes
  • General Property Information Fireplace YN: No
  • Architectural Style Cottage: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Partially Finished
  • Appliances: None
  • Street Number Modifier: 525
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Basement:Basement2: Yes
  • Basement:Partially Finished: Yes
  • Appliances:None2: Yes

Exterior Features

  • Roof: Composition
  • Acres: 4.71
  • Home Warranty: No
  • Construction Type: Block, Frame
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Block: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Basement
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Basement: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Permit On File
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 205167.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 005 074.05
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 576.83
  • Tax Lot: 26//

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Jun 7, 2023
Sold by
Foust Robert Roger
Bought by
River Wye Holdings Llc
Seller's Agent
Dennis Brooks
Mountain Home Realty
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$180,000
Sold Price
$215,000
Premium/Discount to List
$35,000
19.44%
Views
488
Current Estimated Value
$587,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,275
Avg. Annual Appreciation
70.67%
Original Mortgage
$200,000
Interest Rate
6.39%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 21, 2023
Sold by
Chancery Court For Sevier County
Bought by
Foust Kathleen Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.39%
Mortgage Type
Construction

Purchase Details

Closed on
May 24, 2005
Sold by
Roger Foust Robert
Bought by
Anne Foust Kathleen

Purchase Details

Closed on
Aug 19, 2002
Sold by
Whitmill Kermit J
Bought by
Foust Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,120
Interest Rate
6.49%

Purchase Details

Closed on
Aug 23, 1993

Purchase Details

Closed on
Jan 16, 1991
Bought by
Gordon Richard L and Gordon Linda

Purchase Details

Closed on
Mar 12, 1987
Bought by
Shultz D Keith
Source: Public Records

Range of Values:

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Average Value
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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
River Wye Holdings Llc $215,000 Crossland Title Inc
Foust Kathleen Anne -- None Listed On Document
Anne Foust Kathleen -- --
Foust Robert R $136,400 --
-- $17,000 --
Gordon Richard L $14,500 --
Shultz D Keith $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open River Wye Holdings Llc $325,000
Closed River Wye Holdings Llc $200,000
Previous Owner Shultz D Keith $109,120
Previous Owner Foust Robert R $26,555
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2023 09/24/23 Off Market $215,000 -- --
06/26/2023 06/26/23 Sold $215,000 +19.4% $135 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $180,000 0.0% $113 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $180,000 -- $113 / 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 $577 $38,975 $8,875 $30,100
2023 $577 $38,975 $0 $0
2022 $577 $38,975 $8,875 $30,100
2021 $577 $38,975 $8,875 $30,100
2020 $569 $38,975 $8,875 $30,100
2019 $569 $30,575 $8,850 $21,725
2018 $569 $30,575 $8,850 $21,725
2017 $569 $30,575 $8,850 $21,725
2016 $569 $30,575 $8,850 $21,725
2015 -- $33,675 $0 $0
2014 $549 $33,679 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 257247

Great Smoky Mountains Association of REALTORS®

APN: 005-074.05