NOT LISTED FOR SALE

615 Rainbow Rd Unit 1 Sevierville, TN 37862

Sevierville Area

Estimated Value: $672,337

2 Beds
2.5 Baths
2,028 Sq Ft
$332/Sq Ft Est. Value

Sale Details

Date Sold: June 21, 2016

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

Est. 176% increase in value since last sale

Current estimated payment $3,846 / mo

Highlights

  • A-Frame Home
  • Wood Flooring
  • No HOA
  • Deck
  • High Ceiling
  • Central Heating and Cooling System

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.

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $729

Year Built

  • Built in 2007

Lot Details

  • 0.3

Parking

  • Driveway

Home Design

  • A-Frame Home
  • Shingle Roof
  • Stone Siding
  • Log Siding

Interior Spaces

  • 2,028 Sq Ft Home
  • Property has 3 Levels
  • High Ceiling
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Wood Flooring

Kitchen

  • Oven or Range
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Additional Features

  • Deck
  • 13,068 Sq Ft 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

$729

Year Built

Built in 2007

Lot Details

0.3 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Year Built: 2007
  • Unit Levels: Three Or More
  • New Construction: No
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Oven, Washer
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Full, Finished, Walk-Out Access, Other
  • Building Area Units: Square Feet
  • Living Area: 2028
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Log, Stone, Other
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Paved

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Units: Acres
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 729
  • Tax Lot: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
Shelton Kimberly Joan and Jolie Kimberly Shelton
Bought by
Current Estimated Value
$672,337

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
$447,267
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$34,348

Purchase Details

Listed on
Apr 27, 2016
Closed on
Jun 10, 2016
Sold by
Collins Brit
Bought by
Jolie Kimberly Shelton
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
6.87%
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $504,000
Previous Owner Johnson George $362,610
Previous Owner Jolie Kimberly Shelton $171,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/21/2016 06/21/16 Sold $244,000 -0.4% $120 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $245,000 -- $121 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,645 $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

Map

Source: Realtracs

MLS Number: RTC3280098

Realtracs

APN: 072K-A-001.00

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