NOT LISTED FOR SALE

615 Rainbow Rd Unit 1 Sevierville, TN 37862

Estimated Value: $692,423

2 Beds
2.5 Baths
2,028 Sq Ft
$341/Sq Ft Est. Value

Last Sold June 21, 2016

Last sale price $244,000 $120 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $3,742/month

25 Days on Market

Highlights

  • Pool and Spa
  • Chalet
  • Cathedral Ceiling
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of June 2016

$45k in projected annual gross rental income! This Smoky Mountain retreat situated on a third of an acre has been utilized as a private vacation home and comes fully furnished! Open concept main level offers fully equipped kitchen, living area with stone fireplace and pool table. Upstairs find the spacious master suite with full bath, whirlpool tub and private balcony. The lower level consists of the large second bedroom with space for two beds and its private full bath, offering plenty of room for guests. Enjoy the beautiful outdoors with three levels of decks! Exterior recently stained & painted. Less than 3 miles to Tanger Outlets, under 5 miles to Dollywood, and travel like a local, as you're perfectly located to take the back roads wherever you need to go! Rental projection provided by Venture Resorts, Inc.

Last Agent to Sell the Property

Holly Roach

Mountain Realty Group Listed on: 04/02/2016

Last Buyer's Agent

Jane Terrell

Century 21 Four Seasons WOD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $728

Year Built

  • Built in 2007

Lot Details

  • 0.3

Home Design

  • Chalet
  • A-Frame Home
  • Cottage
  • Log Cabin
  • Brick or Stone Mason
  • Composition Roof
  • Log Siding
  • Stone

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck

Additional Features

  • 0.3 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$728

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Zoning: Residential
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub
  • Road Surface Type: Paved
  • Co List Office Mls Id: 499
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 1352.0
  • Architectural Style: A-Frame, Chalet, Cottage, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Three Or More
  • ResoWindowFeatures: Double Pane Windows, Window Treatments
  • Location Tax and Legal Tax Lot2: 1
  • Location Tax and Legal:Tax Annual Amount: 728.5
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Lot Size Acres: 0.3
  • General Property Information Above Grade Finished Area: 1352.0
  • General Property Information Below Grade Finished Area: 676.0
  • General Property Information:Bathrooms Half: 1
  • 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
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Log2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Room Types Bedroom 2 Level: B
  • Room Types Dining Room: Yes
  • Room Types Dining Room Level: 1
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Primary Bedroom Level: 2
  • Architectural Style Chalet: Yes
  • Levels Three Or More: Yes
  • Architectural Style A-Frame: Yes
  • Pool Features Hot Tub: Yes
  • Architectural Style Cottage: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished, Full, Walk-Out Access
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Cathedral Ceiling(s), Soaking Tub
  • Street Number Modifier: 615
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 676.0
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Soaking Tub: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Roof: Composition
  • Acres: 0.3
  • Home Warranty: No
  • Construction Type: Log, Log Siding, Stone
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Log Siding: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 728.5
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
Shelton Kimberly Joan and Jolie Kimberly Shelton
Bought by
Kulinich Vadym
Current Estimated Value
$692,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Outstanding Balance
$458,292
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$250,200

Purchase Details

Closed on
Sep 5, 2018
Sold by
Christina J Collins
Bought by
Johnson George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,610
Interest Rate
4.52%

Purchase Details

Listed on
Apr 2, 2016
Closed on
Jun 10, 2016
Sold by
Collins Brit
Bought by
Jolie Kimberly Shelton
Seller's Agent
Holly Roach
Mountain Realty Group
Buyer's Agent
Jane Terrell
Century 21 Four Seasons WOD
List Price
$245,000
Sold Price
$244,000
Premium/Discount to List
-$1,000
-0.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.20%
Original Mortgage
$171,500
Interest Rate
3.64%
Mortgage Type
VA

Purchase Details

Closed on
Mar 9, 2007
Sold by
Smithco Construction Llc
Bought by
Greg Coyle
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kulinich Vadym $630,000 Hometown Title Llc
Johnson George $402,900 --
Jolie Kimberly Shelton $244,000 --
Greg Coyle $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kulinich Vadym $504,000
Previous Owner Greg Coyle $362,610
Previous Owner Greg Coyle --
Previous Owner Jolie Kimberly Shelton $273,745
Previous Owner Jolie Kimberly Shelton $171,500
Previous Owner Brit Collins $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2019 09/19/19 Off Market $244,000 -- --
06/21/2016 06/21/16 Sold $244,000 -0.4% $120 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
04/02/2016 04/02/16 For Sale $245,000 -- $121 / 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 $1,028 $111,160 $14,000 $97,160
2024 $1,028 $69,475 $8,750 $60,725
2023 $1,028 $69,475 $0 $0
2022 $1,028 $69,475 $8,750 $60,725
2021 $1,028 $69,475 $8,750 $60,725
2020 $815 $69,475 $8,750 $60,725
2019 $815 $43,800 $8,750 $35,050
2018 $815 $43,800 $8,750 $35,050
2017 $815 $43,800 $8,750 $35,050
2016 $758 $40,775 $8,750 $32,025
2015 -- $38,750 $0 $0
2014 $631 $38,741 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 202296

Great Smoky Mountains Association of REALTORS®

APN: 072K-A-001.00