NOT LISTED FOR SALE

711 Bear Hollow Way Sevierville, TN 37876

Estimated Value: $62,126 - $79,000

0.98 Acre
$72,003 Price per Acre
42,689 Sq Ft Lot

Last Sold July 12, 2023

Last sale price $62,500 $54 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $396/month

25 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • Steep Slope
  • Gatlinburg Pittman High School Rated A-

About This Lot

As of July 2023

Introducing 711 Bear Hollow Way, a remarkable land listing in Sevierville, TN. This nearly 1-acre parcel presents a unique opportunity for those seeking to create their own mountain retreat. Previously home to a charming cabin, the lower portion of 711 Bear Hollow Way holds remnants of its history, with a foundation serving as a testament to its past. The land still presents a remarkable opportunity for new beginnings with septic, electric, and well water already in place. This existing infrastructure offers a significant advantage to prospective buyers. The true beauty of this property lies in its upper portion, where one can craft a remarkable residence capturing breathtaking panoramic views. Imagine waking up to awe-inspiring vistas of the surrounding mountains, immersing yourself in the serenity of nature with each passing day. With this blank canvas, the possibilities are boundless. Create a custom-built home that perfectly suits your vision and lifestyle, capitalizing on the prime location and picturesque surroundings. Embrace the opportunity to shape your own mountain paradise, tailored to your desires. Sevierville, TN, offers a wealth of outdoor activities and attractions, providing a fulfilling and adventurous lifestyle for residents. Enjoy the tranquility of the natural surroundings while remaining conveniently close to the amenities and conveniences of the town. Seize this opportunity to build your ideal mountaintop haven on 711 Bear Hollow Way and revel in the incredible views that await. Buyer to verify all information.

Last Listed By

Ryan Coleman

Hometown Realty, LLC License #322312 Listed on: 05/21/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $42

Year Built

  • 2008

Lot Details

  • 0.98 Acre Lot
  • Property fronts a county road
  • Steep Slope
  • Cleared Lot
  • Wooded Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

Property Views

  • Woods
  • Mountain
  • Forest

Utilities

  • Septic System

Community Details

  • Bear Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070B A 015.00

Property Details

Property Type

Land

Est. Annual Taxes

$42

Year Built

2008

Lot Details

0

Listing Details

  • Directions: From Knoxville Take Chapman Highway going toward Seymour turn right on Sugar Loaf Road. Turn onto Gossett Road continue to Bear Hollow Way. SOP
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 0.98
  • Lot Size: 155.92 x 409.68 IRR
  • Subdivision Name: Bear Valley
  • Improvements:Utilities on Site: Yes
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Mountain View: Yes
  • View:Wooded2: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Water5: Yes
  • Property Sub-Type:Single Family2: Yes
  • Road Frontage:County4: Yes
  • Topography:Partially Cleared: Yes
  • Topography:Steep: Yes
  • Improvements:Septic Installed: Yes
  • Road Frontage:Gravel: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 2008

Exterior Features

  • View: Mountain View, Wooded
  • Lot Features: Wooded, Rolling Slope
  • Topography: {"Steep":true,"Partially Cleared":true,"Level":true}

Lot Info

  • Lot Size Sq Ft: 42688.8
  • Parcel #: 070B A 015.00
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2023
Closed on
Jul 11, 2023
Sold by
Turner Mark S and Turner Diane
Bought by
Johnston Mark L
Seller's Agent
Ryan Coleman
Hometown Realty, LLC
Buyer's Agent
Kimberly Hazel
Realty Works, LLC
List Price
$68,000
Sold Price
$62,500
Premium/Discount to List
-$5,500
-8.09%
Total Days on Market
25
Views
20
Current Estimated Value
$70,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,063
Avg. Annual Appreciation
6.78%

Purchase Details

Closed on
Nov 14, 2011
Sold by
Federal National Mortgage Association
Bought by
Turner Mark S and Turner Diane

Purchase Details

Closed on
May 4, 2011
Sold by
Smith Bryan
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 27, 2005
Bought by
Smith Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.14%

Purchase Details

Closed on
Oct 31, 2005
Bought by
Bohanan Jackie

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
Johnston Mark L $62,500 Crossland Title Inc
Turner Mark S $48,500 --
Federal National Mortgage Association $186,141 --
Smith Bryan $40,000 --
Bohanan Jackie $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Bryan $172,500
Previous Owner 2037 $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2023 07/12/23 Sold $62,500 -8.1% $54 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
05/21/2023 05/21/23 For Sale $68,000 -- $59 / Sq Ft
Source: East Tennessee REALTORS® MLS

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
2024 $42 $2,825 $2,825 --
2023 $42 $2,825 $0 $0
2022 $42 $2,825 $2,825 $0
2021 $42 $2,825 $2,825 $0
2020 $53 $2,825 $2,825 $0
2019 $53 $2,825 $2,825 $0
2018 $53 $2,825 $2,825 $0
2017 $53 $2,825 $2,825 $0
2016 $182 $2,825 $2,825 $0
2015 -- $22,975 $0 $0
2014 $375 $22,984 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1227738

East Tennessee REALTORS® MLS

APN: 070B-A-015.00