527 River Place Way Unit 323 Sevierville, TN 37862
2
Beds
2
Baths
1,050
Sq Ft
1.63
Acres
Highlights
- 1.63 Acre Lot
- Clubhouse
- Community Pool
- Gatlinburg Pittman High School Rated A-
- Traditional Architecture
- 2-minute walk to Appleview Ark
About This Home
As of August 2023Introducing an incredible opportunity to own a stunning Short Term Investment property that generated an impressive gross revenue of $49,660 for 2021 and $49,638 in 2022. Encompassing over 1,000 square feet, this delightful 2-bedroom, 2-bathroom condo is nestled within the prestigious Appleview River Resort, ensuring a comfortable stay for up to 6 individuals. Recently renovated, this condo emanates a captivating blend of Modern Farmhouse allure and touches of Industrial design, creating a truly enchanting ambiance. Prepare to immerse yourself in the pinnacle of relaxation as you unwind on the balcony, where you can bask in the serene and picturesque vistas of the Little Pigeon River. With the mountains off in the distance it's one of the few places in the area where you can enjoy both mountain and river views. Indulge in the lavish amenities offered by this condo, including a brand new, exquisite custom glass walk-in shower. This luxurious addition allows you to pamper yourself and elevate your daily routine to extraordinary heights. Whether you're seeking an investment property with substantial revenue potential or yearning for a new home in the Smoky Mountains, this extraordinary condo offers the perfect blend of functionality and charm. Don't miss your chance to experience the epitome of leisure and sophistication in this remarkable property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $772
Year Built
- Built in 2007
Lot Details
- 1.63 Acre Lot
HOA Fees
- $420 Monthly HOA Fees
Home Design
- Traditional Architecture
- Property Attached
- Brick Exterior Construction
- Stone Siding
Interior Spaces
- 1,050 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Gas Fireplace
- Property Views
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Security Gate
- Fire and Smoke Detector
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 072P C 01201 000
Community Details
Overview
- Association fees include exterior maintenance, insurance, trash, sewer, ground maintenance, water
- River Place Condos Subdivision
Amenities
- Clubhouse
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 10, 2020
Sold by
Oconnor Matthew and Oconnor Heather
Bought by
Sroufe Terry L and Sroufe April Joy
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,800
Outstanding Balance
$185,716
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$188,037
Purchase Details
Listed on
Jan 16, 2019
Closed on
Apr 15, 2019
Sold by
Patel Kumar A and Patel Japla K
Bought by
Oconnor Matthew and Oconnor Heather
Seller's Agent
Turby Treadway
Prime Mountain Properties
Buyer's Agent
Turby Treadway
Prime Mountain Properties
List Price
$194,000
Sold Price
$185,000
Premium/Discount to List
-$9,000
-4.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.61%
Original Mortgage
$148,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
May 11, 2012
Closed on
May 25, 2012
Sold by
Garton Murray
Bought by
Isgrigg Richard and Isgrigg Roberta D
Seller's Agent
Turby Treadway
Prime Mountain Properties
Buyer's Agent
Turby Treadway
Prime Mountain Properties
List Price
$130,000
Sold Price
$130,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Purchase Details
Closed on
Mar 6, 2007
Sold by
Avrr I Llc
Bought by
Murray Garton
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $232,000 | Magnolia Title | |
| Warranty Deed | $185,000 | None Available | |
| Warranty Deed | $130,000 | -- | |
| Deed | $185,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $208,800 | New Conventional | |
| Previous Owner | $148,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2023 08/04/23 | Sold | $390,000 | -2.5% | $371 / Sq Ft |
| 07/12/2023 07/12/23 | Pending | -- | -- | -- |
| 06/14/2023 06/14/23 | For Sale | $399,900 | +116.2% | $381 / Sq Ft |
| 07/15/2019 07/15/19 | Off Market | $185,000 | -- | -- |
| 04/15/2019 04/15/19 | Sold | $185,000 | -4.6% | $176 / Sq Ft |
| 03/06/2019 03/06/19 | Pending | -- | -- | -- |
| 01/16/2019 01/16/19 | For Sale | $194,000 | +49.2% | $185 / Sq Ft |
| 08/23/2012 08/23/12 | Off Market | $130,000 | -- | -- |
| 05/25/2012 05/25/12 | Sold | $130,000 | 0.0% | $124 / Sq Ft |
| 05/11/2012 05/11/12 | Pending | -- | -- | -- |
| 05/11/2012 05/11/12 | For Sale | $130,000 | -- | $124 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $1,918 | $64,800 | $8,000 | $56,800 |
| 2024 | $1,918 | $64,800 | $8,000 | $56,800 |
| 2023 | $1,918 | $64,800 | $0 | $0 |
| 2022 | $771 | $40,500 | $5,000 | $35,500 |
| 2021 | $771 | $40,500 | $5,000 | $35,500 |
| 2020 | $748 | $40,500 | $5,000 | $35,500 |
| 2019 | $748 | $31,725 | $5,000 | $26,725 |
| 2018 | $748 | $31,725 | $5,000 | $26,725 |
| 2017 | $748 | $31,725 | $5,000 | $26,725 |
| 2016 | $688 | $31,725 | $5,000 | $26,725 |
| 2015 | -- | $32,300 | $0 | $0 |
| 2014 | $627 | $32,296 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Turby Treadway
Seller's Agent in 2019
Turby Treadway
Prime Mountain Properties
(865) 388-0709
49 in this area
61 Total Sales
Map
Source: Realtracs
MLS Number: 2828247
APN: 072P-C-012.01-C-008
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