NOT LISTED FOR SALE

685 Thomas Loop Rd Sevierville, TN 37876

Estimated Value: $503,000

35.4 Acres
$14,209 Price per Acre
1,542,024 Sq Ft Lot

Last Sold July 10, 2020

Last sale price $325,497 $211 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,729/month

39 Days on Market

Highlights

  • 35.4 Acre Lot
  • Mountain View
  • Wooded Lot
  • Gatlinburg Pittman High School Rated A-
  • Pond
  • No HOA

About This Lot

As of July 2020

PRISTINE PROPERTY IN THE FOOTHILLS OF ENGLISH MOUNTAIN. THERE ARE SEVERAL NATURALLY ELEVATED HOME SITES ON THE PROPERTY OFFERING MOUNTAIN AND VALLEY VIEWS.. THE PROPERTY FEATURES ROLLING, FLAT, WOODED, AND WIDE OPEN ACREAGE. WOULD MAKE A WONDERFUL ESTATE SITE. THERE IS ALSO A SPRING / SPRING FED POND THAT WOULD BE IDEAL FOR CATTLE OR HORSES. THIS IS A FAMILY PROPERTY THAT HAS NEVER BEFORE BEEN OFFERED ON THE MARKET AND HAS MANY POTENTIAL USES. THERE ARE SEVERAL OVERNIGHT RENTAL PROPERTIES IN THE AREA. THERE IS ALSO PLENTY OF PROPERTY AND ROAD FRONTAGE TO SUBDIVIDE TO CREATE SMALL ESTATE SITES, OR A SUBDIVISION. THE AREA HAS A VERY SERENE SMOKY MOUNTAIN VIBE WITH A GREAT MOUNTAIN BACKDROP. THOMAS LOOP IS A GREAT PLACE TO GET OUTSIDE AND BE ACTIVE. TO FEEL SO SECLUDED, THE PROPERTY IS CONVENIENT TO SEVIER COUNTY SCHOOLS, RESTAURANTS, SHOPPING, AND GROCERY STORE. MAKE AN APPOINTMENT FOR A TOUR TODAY!

Last Agent to Sell the Property

Steve Lane

Keller Williams Smoky Mountain Listed on: 03/11/2020

Keller Williams Smoky Mountain

Last Buyer's Agent

Steve Lane

Keller Williams Smoky Mountain Listed on: 03/11/2020

Keller Williams Smoky Mountain

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $169

Lot Details

  • 35.4 Acre Lot
  • Home fronts a stream
  • Property fronts a county road
  • Fenced
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned A-1

Property Views

  • Mountain Views

Utilities

  • Water Not Available
  • Septic Needed

Listing and Financial Details

  • Tax Lot /01

Community Details

Overview

  • No Home Owners Association

Recreation

  • Pond

Property Details

Property Type

Land

Est. Annual Taxes

$169

Lot Details

0

Listing Details

  • Property Type: Land
  • Zoning: A-1
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Pond on Lot, Cleared, Gentle Sloping, Level, Rolling Slope, Wooded
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Co List Office Mls Id: 772
  • Subdivision Name: Other
  • Location Tax and Legal Tax Lot2: /01
  • Location Tax and Legal:Tax Annual Amount: 169.0
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 35.4
  • General Property Information View YN2: Yes
  • Land Features View Mountains: Yes
  • Fencing Fenced: Yes
  • Road Frontage Type County Road: Yes
  • General Property Information Lot Size Dimensions: 1,396/1,746/713/2,385
  • Sewer Septic Needed: Yes
  • Utilities Water Not Available: Yes
  • Lot Features Pond On Lot2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 685
  • Possible Use: Farm, Manufactured Home, Recreational, Single Family, Subdevelopment, Timber

Exterior Features

  • Fencing: Fenced
  • Acres: 35.4
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Waterfront: Yes
  • Lot Features:Level: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Gentle Sloping: Yes
  • Waterfront Features:Creek: Yes
  • Waterfront Features:Stream: Yes

Utilities

  • Sewer: Septic Needed
  • Utilities: Water Not Available

Condo/Co-op/Association

  • Association Name: NONE
  • Association: No

Lot Info

  • Lot Dimensions: 1,396/1,746/713/2,385
  • Lot Size Sq Ft: 1542024.0
  • ResoLotSizeUnits: Acres
  • Wooded Area: 10.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 169.0
  • Tax Lot: /01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2023
Sold by
Mccarter Dwight
Bought by
Mccarter Ronald D and Mccarter Rita J
Current Estimated Value
$503,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Outstanding Balance
$402,260
Interest Rate
2.2%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$100,740

Purchase Details

Closed on
Aug 6, 1986
Bought by
Mccarter Dwight
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mccarter Ronald D -- Smoky Mountain Title
Mccarter Dwight $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarter Ronald D $585,000
Closed Mccarter Ronald D $585,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2020 10/08/20 Off Market $325,497 -- --
07/10/2020 07/10/20 Sold $325,497 -26.4% $211 / Sq Ft
03/11/2020 03/11/20 For Sale $442,500 -- $287 / 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 $619 $41,800 $12,425 $29,375
2024 $619 $41,800 $12,425 $29,375
2023 $619 $41,800 $0 $0
2022 $619 $41,800 $12,425 $29,375
2021 $619 $41,800 $12,425 $29,375
2020 $493 $41,800 $12,425 $29,375
2019 $493 $26,500 $4,800 $21,700
2018 $493 $26,500 $4,800 $21,700
2017 $493 $26,500 $4,800 $21,700
2016 $493 $26,500 $4,800 $21,700
2015 -- $27,475 $0 $0
2014 $448 $27,491 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 227351

Great Smoky Mountains Association of REALTORS®

APN: 042-013.01