NOT LISTED FOR SALE

542 Orchard Valley Way Sevierville, TN 37862

Estimated Value: $362,908 - $376,000

2 Beds
2 Baths
1,076 Sq Ft
$345/Sq Ft Est. Value

Last Sold September 05, 2012

Last sale price $114,000 $106 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $2,116/month

405 Days on Market

Highlights

  • Private Pool
  • Gated Community
  • No HOA
  • Gatlinburg Pittman High School Rated A-
  • Clubhouse
  • 2-minute walk to Appleview Ark

About This Home

As of September 2012

Beautiful 2BR/2BA Condo in a fantastic gated community and prime location. Just minutes from all area attractions in Sevierville, Pigeon Forge, Gatlinburg and the Great Smoky Mountain National Park, yet tucked away in a quiet, peaceful and serene setting. Ideal for permanent or vacation home, or as an investment property, long term or overnight rental. The condo is well maintained, turn key, bright and spacious. Large bedrooms with ample closet space. Gas fireplace boasting with built-in book shelves on either side. The Kitchen leads to the out side patio and just a few steps from the pool and bath house. Like New, has never had pets or smoked in. Club House w/ Fitness room, sauna, game room. Income genrating with Long Term Renter paying $800/month, renters would be interested in staying.

Last Agent to Sell the Property

Kathryn Lovell

Re/Max Prime Properties Listed on: 07/05/2011

Last Buyer's Agent

Turby Treadway

Prime Mountain Properties License #268888

Prime Mountain Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $564

Year Built

  • Built in 2003

Lot Details

  • 1

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,076 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Window Treatments
  • Living Room
  • Washer and Electric Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Outdoor Features

  • Private Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot U542

Community Details

Overview

  • No Home Owners Association
  • Association fees include cable TV, insurance, ground maintenance
  • Villas Condos Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$564

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Zoning: R-2
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Private
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Gated Community
  • Reso Association Amenities: Clubhouse, Management, Pool
  • Reso Association Fee Includes: Cable TV, Insurance, Maintenance Grounds
  • Co List Office Mls Id: 152
  • Subdivision Name: Villas Condos
  • Above Grade Finished Sq Ft: 1076.0
  • Architectural Style: Townhouse
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: One and One Half
  • ResoWindowFeatures: Window Treatments
  • Location Tax and Legal Tax Lot2: U542
  • Location Tax and Legal:Tax Annual Amount: 563.94
  • Location Tax and Legal Tax Year2: 2009
  • General Property Information Above Grade Finished Area: 1076.0
  • 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
  • Appliances Microwave: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels:One and One Half: Yes
  • Pool Features Private4: Yes
  • Roof:Composition: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Primary Bedroom Level: 2
  • Utilities:Cable Available: Yes
  • Foundation Details Slab: Yes
  • Architectural Style Townhouse2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Electric Range, Microwave, Range Hood, Self Cleaning Oven
  • Interior Amenities: Ceiling Fan(s)
  • Street Number Modifier: 542
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Factory Built, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Basement:None3: Yes
  • Community Features:Clubhouse: Yes
  • Interior Features:Ceiling Fans: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Security Features:Gated Community: Yes
  • Fireplace Features:Factory Built: Yes

Exterior Features

  • Roof: Composition
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Construction Materials:Brick: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Window Treatments: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 185.0
  • Association: No

Association/Amenities

  • Association Amenities:Clubhouse2: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Management: Yes
  • Association Fee Includes:Cable TV: Yes

Tax Info

  • Tax Year: 2009
  • Tax Annual Amount: 563.94
  • Tax Lot: U542

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2011
Closed on
Sep 4, 2012
Sold by
Atkins Lucas H
Bought by
Wielandt Michelle Mary
Seller's Agent
Kathryn Lovell
Re/Max Prime Properties
Buyer's Agent
Turby Treadway
Prime Mountain Properties
List Price
$131,900
Sold Price
$114,000
Premium/Discount to List
-$17,900
-13.57%
Current Estimated Value
$371,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,727
Avg. Annual Appreciation
9.53%
Original Mortgage
$84,000
Interest Rate
3.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 2005
Sold by
Apple View Farms Llc
Bought by
Atkins Lucas H
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
Wielandt Michelle Mary $114,000 --
Atkins Lucas H $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wielandt Michelle M $20,000
Open Wielandt Michelle Mary $65,000
Closed Wielandt Michelle Mary $84,000
Previous Owner Atkins Lucas H $100,000
Previous Owner Apple View Farms Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2015 12/04/15 Off Market $114,000 -- --
09/05/2012 09/05/12 Sold $114,000 -13.6% $106 / Sq Ft
08/13/2012 08/13/12 Pending -- -- --
07/05/2011 07/05/11 For Sale $131,900 -- $123 / 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 $1,138 $38,450 $6,250 $32,200
2024 $1,138 $38,450 $6,250 $32,200
2023 $1,138 $38,450 $0 $0
2022 $733 $38,450 $6,250 $32,200
2021 $733 $38,450 $6,250 $32,200
2020 $712 $38,450 $6,250 $32,200
2019 $712 $30,200 $6,250 $23,950
2018 $712 $30,200 $6,250 $23,950
2017 $712 $30,200 $6,250 $23,950
2016 $656 $30,200 $6,250 $23,950
2015 -- $31,200 $0 $0
2014 $605 $31,205 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 168465

Great Smoky Mountains Association of REALTORS®

APN: 072P-C-002.00-C-028