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2023 Lones Branch Lane

2023 Lones Branch Lane, Sevierville, TN 37876
House in Sevier
1 Units For Sale
Unit for sale at 2023 Lones Branch Lane, Sevierville, TN 37876

$715,000

  • Loft
  • 2 Baths
  • 1,470 ft²
2023 Lones Branch Lane, Sevierville, TN 37876 Listing by Jonathan Minerick

2023 Lones Branch Lane in Sevierville, TN was first built in 2005 and is 19 years old. This has been categorized as a unknown property type. For those interested in architecture, the building on the property was built in a unknown. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2023 Lones Branch Lane has 1,408 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 704 sqft and has been categorized as a unknown. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a unknown on the property. The home has a unknown style roof made of unknown. Water for the property is sourced from unknown system. The property is connected to a sewer system. The quality of the control joints have been graded by the local assessor with a letter grade of unknown. The condition of the building has been evaluated as unknown. The exterior walls of the home are made of unknown. While the interior walls are made of unknown. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with unknown. As for heating, the home is utilizing unknown. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2023 Lones Branch Lane was last sold in Aug 2, 2021 for $499,900. According to our calculations, that's $355.04 per sqft. Prior to that sales transaction, the property was sold for $316,500 in Feb 26, 2020. Current property owners are expected to pay $1,670 in taxes per year. The property on 2023 Lones Branch Lane was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $112,840. To break that down further, the land itself was valued at $6,560. While improvements to the property were assessed at a total of $106,280. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.

This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210625
06/25/2021
2 Bed
2 Bath
1470 ft²
$499,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1470 ft²
$499,900
08/10/2021
Mark McCormick
Keller Williams
20200124
01/24/2020
2 Bed
2 Bath
1470 ft²
$319,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1470 ft²
$316,500 -0.78%
03/02/2020
Mark McCormick

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 704
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,408
  • Gross Building Area: 1,408
  • Building Area: 1,408
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,408
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: BACK HOME HIDEAWAY RESUB
  • Land Acres: 1
  • Legal Description 1: BACK HOME HIDEAWAY RESUB PB 29 PG 314 LOT 2

Ownership

  • Current Owner : LOFTIS MICHAEL JEFFERSON
  • Current Owner 2: LOFTIS AMY ELIZABETH
  • Previous Owner : KERSCHEN NIEL J
  • Previous Owner 2: KERSCHEN LAURA M
  • Owner Before Previous Owner: OSER KEITH P

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080804

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 084M
  • District: 04
  • Parcel: 084M-D-006.00
  • Lot: 2
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7979
  • Longitude: -83.5084

    Address

  • Full Address: 2023 Lones Branch Ln
  • Address - House Number: 2023
  • Address - Street Name: Lones Branch
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 704
  • Tax Year: 2023
  • Tax Amount: $1,670
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.2759
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 60
  • Final Value: 608,643
  • High Value: 776,628
  • Low Value: 440,658

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $424,915
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Aug 10, 2021
  • First Open Lien Mortgage Loan Amount: $424,915
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $282,100
  • Market Land Value: $16,400
  • Market Improvement Value: $265,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $112,840
  • Assessed Land Value: $6,560
  • Assessed Improvements Value: $106,280

    Sales

  • Current Sale Contract Date: Aug 02, 2021
  • Current Sale Recording Date: Aug 10, 2021
  • Current Sale Transaction ID: 11848492443
  • Current Sale Price: $499,900
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 21029363
  • Previous Sale Recording Date: Mar 02, 2020
  • Previous Sale Contract Date: Feb 26, 2020
  • Previous Sale Amount: $316,500
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Aug 10, 2021
  • First Mortgage Loan Amount: $424,915
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Mar 02, 2020
  • Previous Mortgage Loan Amount: $253,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Mar 01, 2050

About Sevier



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2023 Lones Branch Lane located in?
The 2023 Lones Branch Lane is a house located in the neighborhood of Sevier in Sevier, Sevierville.
How many listings are currently for sale in 2023 Lones Branch Lane?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 2023 Lones Branch Lane?
The average sales price for units in 2023 Lones Branch Lane is $409,450 , or $279/sqft. currently.

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