Check Availability
Sevier 37862
3040 Brothers Way
$530,000
House - For Sale

3040 Brothers Way

Sevierville, TN 37862
bedrooms
1 Bed
bathrooms
1 Bath
square feet
750 Sqft
$2,935
Estimated Monthly
$250
HOA / Fees
1.74%
Cap Rate

About This Property

One of a Kind! Dramatic, custom built with walls of glass, huge logs and lots of stone from the mountain! Sleeps 4 with large master suite in loft with king size bed and jetted soaking tub.  The perfect honeymoon cabin with a wedding venue on site- this is a great investment!  Pristine wooded setting just like the National Park with Mountain Laurel, Rhododendron, Dogwoods and huge Shagbark Hickory Trees. The setting is the ultimate in intimacy and romance.  Guests can sit deep in nature on the two large covered decks, enjoy the bubbling hot tub, swing and rock on the top deck off the master in the treetops!  Total private in a very private resort.  No ''cookie cutter cabins'' in Brothers Cove Resort, everyone including this special cabin is unique. This resort also has a community pool with dynamic views of the Smokies and is gated, great location down Walden Ridge just minutes from all the action in Pigeon Forge.  Rental Revenue for 2023 was $39,986.90 with little marketing - can be self managed for higher revenue or changed to a rental company with wide marketing. A unique & special cabin with Potential!

The manager has listed the unit size as 750 square feet.
Unit Size
750Ft²
Days on Market
43 days
Land Size
0.70 acres
Price per sqft
$707
Property Type
House
Property Taxes
$82
HOA Dues
$250
Year Built
2001
Listed By
Last updated: 5 days ago (GSMARTN #300119)

Price History

Date / Event Date Event Price
Mar 25, 2024 Listed by CENTURY 21 MVP $530,000
Listed by CENTURY 21 MVP
Oct 13, 2022 No longer available -
No longer available
Oct 13, 2022 Sold to Heath Snell, Juan Godinez $445,000
Sold to Heath Snell, Juan Godinez
Sep 11, 2022 In contract -
In contract
Aug 30, 2022 Price Decreased $450,000
↓ $25K (5.3%)
Price Decreased
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Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 30,492
  • Lot Size Depth Feet: 2,639
  • Lot Size Frontage Feet: 1,043
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: BROTHERS COVE
  • Land Acres: 0.7
  • Legal Description 1: BROTHERS COVE PB 30 PG 109 LOT 18 104.25 X 263.89 IRR

Ownership

  • Current Owner : GODINEZ JUAN
  • Current Owner 2: SNELL HEATH
  • Previous Owner : KERR BRADLEY W
  • Previous Owner 2: KERR JESSICA L
  • Owner Before Previous Owner: WILKINS KENNETH
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 081002

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 112D
  • District: 16
  • Parcel: 112D-A-018.00
  • Lot: 18
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7485
  • Longitude: -83.6934

    Address

  • Full Address: 3040 Brothers Way
  • Address - House Number: 3040
  • Address - Street Name: Brothers
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 432
  • Tax Year: 2023
  • Tax Amount: $982
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.0876
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 92
  • Final Value: 428,259
  • High Value: 465,784
  • Low Value: 390,734

    Market Valuation

  • Market Total Value: $165,800
  • Market Land Value: $30,000
  • Market Improvement Value: $135,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $66,320
  • Assessed Land Value: $12,000
  • Assessed Improvements Value: $54,320

    Sales

  • Current Sale Contract Date: Oct 07, 2022
  • Current Sale Recording Date: Oct 13, 2022
  • Current Sale Transaction ID: 11897139735
  • Current Sale Price: $445,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 40455
  • Previous Sale Recording Date: Jun 07, 2021
  • Previous Sale Contract Date: Jun 04, 2021
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGEONE INC
  • First Mortgage Transaction Date: Oct 13, 2022
  • First Mortgage Loan Amount: $378,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PARAMOUNT BANK
  • Previous Mortgage Transaction Date: Jun 07, 2021
  • Previous Mortgage Loan Amount: $301,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Jul 01, 2051

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
1 Bed
1 Bath
878 ft²
$511/ft²
$449,000 Mar 15, 2024
-
$342/mo
House
2 Beds
2 Baths
1,126 ft²
$533/ft²
$599,900 Jul 1, 2023
-
$246/mo
House
2 Beds
2.5 Baths
1,682 ft²
$357/ft²
$599,999 Aug 31, 2023
-
$343/mo
House
3 Beds
2 Baths
1,502 ft²
$411/ft²
$618,000 Dec 3, 2023
-
$331/mo

About Sevier


Similar Homes for Sale

Unit for sale at 3140 Brothers Way, Sevierville, TN 37862

$618,000

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  • 2 Baths
  • 1,502 ft²
3140 Brothers Way, Sevierville, TN 37862 Listing by Tia Wells
Unit for sale at 3008 Brothers Way, Sevierville, TN 37862

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3008 Brothers Way, Sevierville, TN 37862 Listing by Karah Chancey
Unit for sale at 3019 Brothers Way, Sevierville, TN 37862

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  • 1,126 ft²
3019 Brothers Way, Sevierville, TN 37862 Listing by Charity Brown

Nearby Rentals



Frequently Asked Questions

When was property at 3040 Brothers Way built and last sold?
The property at 3040 Brothers Way was built in 2001 and last sold on Oct 7, 2022 for $445,000.
How much is this home worth?
The estimated value of the home located at 3040 Brothers Way is $527,215.
What are some comparable homes to 3040 Brothers Way?
Homes that are comparable to 3040 Brothers Way include a house property at 3029 Brothers Way, 3019 Brothers Way, 3008 Brothers Way.

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