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2974 Mountain Memories Way

2974 Mountain Memories Way, Sevierville, TN 37876
Property in Sevier
Local assessors in Sevierville, TN have categorized 2974 Mountain Memories Way as a commercial type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 77,972 square feet. The linear feet between the front and back of the lot was measured at 6,849 ft and the front of the lot was measured at 1,321 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. As for the restroom situation, there are 5 full bathrooms. There are also 5 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2974 Mountain Memories Way has a total of 2,436 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,152 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B+. The building has a gable or hip style roof that was made of metal. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of paneling. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2974 Mountain Memories Way was last sold in Aug 8, 2022 for $1,175,000. According to our calculations, that's $482.35 per sqft. Prior to that sales transaction, the property was sold for $791,000 in Aug 10, 2021. Current property owners are expected to pay $2,995 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 2974 Mountain Memories Way was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $202,360. To break that down further, the land itself was valued at $12,920. While improvements to the property were assessed at a total of $189,440. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Log Siding
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: Average
  • Building Quality: B+
  • Building Style: Custom
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 1,152
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 77,972
  • Lot Size Depth Feet: 6,849
  • Lot Size Frontage Feet: 1,321
  • Total Building Area: 2,436
  • Gross Building Area: 2,436
  • Building Area: 2,436
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,436
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Commercial
  • Subdivision: KENKNIGHT PROPERTY
  • Land Acres: 1.79
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: KENKNIGHT PROPERTY PB 33 PG 71 LOT 5 132.07 X 684.92 IRR

Ownership

  • Current Owner : SCRUGGS JAIME
  • Previous Owner : SAMUEL KIM
  • Owner Before Previous Owner: RANDLES CHRISTINE
  • Owner Before Previous Owner 2: BISHOP WHITNEY HOWARD
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

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

Zoning

  • Zoning: A-1

Geography

  • Assessors Map Reference: 085E
  • District: 13
  • Parcel: 085E-B-005.00
  • Lot: 5
  • Municipality: SEVIER COUNTY
  • Latitude: 35.8086
  • Longitude: -83.4533

    Address

  • Full Address: 2974 Mountain Memories Way
  • Address - House Number: 2974
  • Address - Street Name: Mountain Memories
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 1,284
  • Tax Year: 2023
  • Tax Amount: $2,995
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 399,165
  • High Value: 582,435
  • Low Value: 215,894

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $881,250
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 12, 2022
  • First Open Lien Mortgage Loan Amount: $881,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $505,900
  • Market Land Value: $32,300
  • Market Improvement Value: $473,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $202,360
  • Assessed Land Value: $12,920
  • Assessed Improvements Value: $189,440

    Sales

  • Current Sale Contract Date: Aug 08, 2022
  • Current Sale Recording Date: Aug 12, 2022
  • Current Sale Transaction ID: 11894481180
  • Current Sale Price: $1,175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 33561
  • Previous Sale Recording Date: Aug 19, 2021
  • Previous Sale Contract Date: Aug 10, 2021
  • Previous Sale Amount: $791,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 12, 2022
  • First Mortgage Loan Amount: $881,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NORTHPOINTE BANK
  • Previous Mortgage Transaction Date: Aug 19, 2021
  • Previous Mortgage Loan Amount: $548,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2051

About Sevier



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Frequently Asked Questions

What neighborhood is 2974 Mountain Memories Way located in?
The 2974 Mountain Memories Way is a located in the neighborhood of Sevier in Sevier, Sevierville.
What is the average sales price for listings in 2974 Mountain Memories Way?
The average sales price for units in 2974 Mountain Memories Way is $0 currently.

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