by Lee Lin

See Home Value
Sevier 37876
3131 Mountain Grace Lane
$935,000
● House - Off Market

3131 Mountain Grace Lane

Sevierville, TN 37876
bedrooms
1 Bed
bathrooms
1 Bath, 1 Half Bath
square feet
1,826 Ft²
$856,517
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

From the builder/owner/operator of the exceptional 5-star VRBO luxury rental cabins on the same compound (Mountain Grace and Flying Pig Lodge), this is 'Mountain Mama'. This one-of-a-kind cabin was built as the personal residence & caretaker cabin of the owner/builders. This cabin was built to allow them to remain onsite to oversee the rental operations of the other cabins while they were enjoying their second home. The cabin was built to be extremely efficient all year round and the owner/builder was on the construction site each day personally overseeing every aspect of this quality build. There are no other cabins built like this in the area (with the exception of Mountain Grace and Flying Pig Lodge). This cabin has never been rented and has only been utilized by the owners when they were in town maintaining their other rental cabins. It is 'as new' & actually better than any other new build in quality, as all the highest quality materials were used to build this cabin. This cabin was designed as a second home with a mind towards a future rental as a Honeymoon/Special Occasion Couples Cabin (that could easily be converted to a 2-bed, single family cabin). This cabin bears no resemblance to other 'rental cabin's in the area as it was designed for luxury-minded people looking for a more luxury experience. As a rental, the cabin will make more money because it will attract a more discerning traveler (see 'Flying Pig Lodge as a reference). All cabin owning & rental issues were taken into account in the building and setup of this cabin for a future easily operated & maintained income producing property with all the bells and whistles. Every detail well thought through on the front end which lends to maintaining a consistent high-quality rental over time. The cabin was designed and is decorated as a 'Modern-Rustic' Cabin with 350 square feet of outdoor decks under roof + 100 sq ft locked mechanical/storage room (which could be utilized as an owners closet to hold all l
Unit Size
1,826 Ft²
Days on Market
-
Land Size
0.73 acres
Price per sqft
$465
Property Type
House
Property Taxes
$94
HOA Dues
-
Year Built
2018

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Last updated: 2 months ago (Realtracs #RTC3235310)

Price History

Date / Event Date Event Price
May 25, 2022 Sold
Sold
Apr 11, 2022 Listed by Prime Mountain Properties $849,900
Listed by Prime Mountain Properties

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 58
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 2
  • Basement Area: 913
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,026
  • Lot Size Depth Feet: 2,253
  • Lot Size Frontage Feet: 1,581
  • Total Building Area: 1,826
  • Gross Building Area: 1,826
  • Building Area: 1,826
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,826
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: MOUNTAIN GRACE ESTATES
  • Land Acres: 0000000850
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: MOUNTAIN GRACE ESTATES PB 45 PG 90 LOT 16R 158.10 X 342.49 IRR

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 085J
  • District: 13
  • Parcel: 085J-A-016.00
  • Lot: 16R
  • Municipality: SEVIER COUNTY
  • Latitude: 35.8027
  • Longitude: -83.4742

    Address

  • Full Address: 3131 Mountain Grace Ln
  • Address - House Number: 3131
  • Address - Street Name: Mountain Grace
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R002
  • 4-Digit Zip Code: 7508
  • Zip Code: 37876

Valuation

    Tax

  • Total Area: 913
  • Tax Year: 2023
  • Tax Amount: $222,800
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.2759
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 60
  • Final Value: 834,066
  • High Value: 1,064,268
  • Low Value: 603,865

    Market Valuation

  • Market Total Value: $376,300
  • Market Land Value: $25,000
  • Market Improvement Value: $351,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $150,520
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $140,520

    Sales

  • Current Sale Contract Date: May 25, 2022
  • Current Sale Recording Date: May 26, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 23947
  • Previous Sale Recording Date: Dec 27, 2013
  • Previous Sale Contract Date: Dec 19, 2013
  • Previous Sale Amount: $46,500
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 3131 Mountain Grace Lane built and last sold?
The property at 3131 Mountain Grace Lane was built in 2018 and last sold on May 25, 2022 for $935,000.
How much is this home worth?
The estimated value of the home located at 3131 Mountain Grace Lane is $859,453.
What are some comparable homes to 3131 Mountain Grace Lane?
There are currently no comparable homes to 3131 Mountain Grace Lane.