by Lee Lin

See Home Value
Sevier 37862
3518 Olde Tyme Way
$520,000
● House - Off Market

3518 Olde Tyme Way

Sevierville, TN 37862
bedrooms
1 Bed
bathrooms
2 Baths
square feet
1,248 Ft²
$2,574
Est. Monthly
$38
HOA / Fees

About This Property

''Honey Cub Cove'' a must see short-term rental cabin perfect for couples and families, it comfortably accommodates up to 6 guests.

Rental history between $50,000 and $60,000 over the last several years. Additionally, there is significant potential for increased revenue by capitalizing on the unfinished basement space. Guests love the rustic charm, convenient location and enjoying the views of the Smoky Mountains from the spacious private decks.

Property Highlights:

>> 2 Queen Beds & 2 Full Baths

>> 500 sqft +/- Deck Space

>> Mountain Views

>> Fully Furnished

>> Wood Burning Fireplace

>> Paved Roads & Parking

>> Full Unfinished Basement

>> Centrally Located

>> Meticulously Maintained

Reach out to your preferred real estate agent to schedule a private viewing today! Drone photography used. Self-Management is Allowed. Being offered turnkey rental ready however personal property located in the basement storage area does not convey.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$401
Property Type
House
Property Taxes
$81
HOA Dues
$38
Year Built
1995

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Last updated: 2 days ago (Realtracs #RTC2830875)

Price History

Date / Event Date Event Price
Dec 30, 2024 Sold
Sold
Nov 22, 2024 Listed by United Real Estate Solutions $499,900
Listed by United Real Estate Solutions
Apr 3, 2024 Listed by Mountain Realty Group $569,900
Listed by Mountain Realty Group
Gross rentals between $50,000 to $62,000 per year for last 3 years! This Appalachian styled Log Cabin is nestled in a serene setting amongst the trees. The covered front porch greets you with rocking chairs inviting you to sit a while and unwind. As you walk in you are in the open main living area of the cabin which offers the living room with a cozy wood burning fireplace, fully equipped kitchen and dining area that seats 6. Wood floors and hand hewn logs make you feel you have stepped back in time. The primary bedroom is on the main floor with an en-suite bathroom with shower/tub. Windows surround the main level so you can take in the natural surroundings. The upper level is a lovely loft with a full bathroom with shower. The lighted back porch is screened and has sitting areas to relax in or to take a soak in the hot tub. A peaceful place to get a way from the world. Enjoy the winter view from the back and side porch. A full unfinished basement with concrete poured walls adds so many possibilities ( game room, theater room , etc) Use your imagination and double your living space or use it as the present owners as a garage and storage space for their personal items. Washer and dryer is in basement. Low maintenance red metal roof. Smart Lock on the front door will stay. Owner's Security Cameras will be removed. All Personal items in basement will not transfer with the sale. Seller's self manage on VRBO and AirBnB.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 5
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 2
  • Basement Area: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 30,492
  • Lot Size Depth Feet: 2,561
  • Lot Size Frontage Feet: 2,178
  • Total Building Area: 2,340
  • Gross Building Area: 2,340
  • Building Area: 1,560
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,560
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DOGWOOD FARMS PHASE 1
  • Land Acres: 0000000700
  • Standard Land Use Code: 1001
  • County Land Use Code: 03
  • State Land Use Code: C00
  • Legal Description 1: DOGWOOD FARMS PHASE 1 PB 27 PG 376 LOT 20 217.78 X 256.08 IRR

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 104N
  • District: 06
  • Parcel: 104N-D-009.00
  • Lot: 20
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7536
  • Longitude: -83.6079

    Address

  • Full Address: 3518 Olde Tyme Way
  • Address - House Number: 3518
  • Address - Street Name: Olde Tyme
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 780
  • Tax Year: 2023
  • Tax Amount: $96,800
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.0876
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 594,294
  • High Value: 646,367
  • Low Value: 542,221

    Market Valuation

  • Market Total Value: $261,700
  • Market Land Value: $32,000
  • Market Improvement Value: $229,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $65,425
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $57,425

    Sales

  • Current Sale Contract Date: Jan 09, 2014
  • Current Sale Recording Date: Jan 16, 2014
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14002127
  • Previous Sale Recording Date: Sep 23, 2008
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: 27
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 3518 Olde Tyme Way built and last sold?
The property at 3518 Olde Tyme Way was built in 1995 and last sold on Jan 9, 2014 for $162,000.
How much is this home worth?
The estimated value of the home located at 3518 Olde Tyme Way is $504,178.
What are some comparable homes to 3518 Olde Tyme Way?
There are currently no comparable homes to 3518 Olde Tyme Way.