See Home Value
Sevier 37738
823 Sourwood Drive
$99,958*
Land - Off Market

823 Sourwood Drive

Gatlinburg, TN 37738
bedrooms
Studio
bathrooms
0 Bath
$60,000 - $70,000
Reference Base Price*
43.00%
Since Apr 1, 2020
National-US
Primary Model
Sold Dec 22, 2021
$975,000
$736,000 by Movement Mortgage
Mortgage Due Jan 01, 2052
Sold Mar 13, 2020
$62,000

About This Property

823 Sourwood is a by Chalet Village standards a buildable lot complete with a view of Mount LeConte.  The much loved family chalet was lost to the fires and the owners miss the views and sunrises this location provides.  The south facing side of Sourwood Drive is know for a view with out power lines but are at times a "steep" build.  823 Sourwood has room for a parking area between the road and the house site eliminating setback regulation issues, thus enhancing development options.   The property has excellent potential for an investment cabin and  would also make an excellent permanent residence or second home choice.  There is a two bedroom septic to evaluate plus utility water available to streamline the building process.  The North Chalet Village Clubhouse is a short distance with  pool and tennis court amenities.  Come have a look at this value priced property with a Mount LeConte view as soon as possible.
Unit Size
-
Days on Market
-
Land Size
1.04 acres
Price per sqft
-
Property Type
Land
Property Taxes
$220
HOA Dues
$3
Year Built
2021

Price History

Date / Event Date Event Price
Dec 22, 2021 Sold to Eva Marie Holland, Thomas E... $975,000
Sold to Eva Marie Holland, Thomas E...
Mar 17, 2020 No longer available -
No longer available
May 19, 2019 Listed $69,900
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: B+
  • Interior Walls Type: Paneling
  • Roof Shape Type: Shed
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Full basement
  • Basement Area: 1,098
  • Parking Space Count: 0
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 4,683
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,196
  • Gross Building Area: 2,196
  • Building Area: 2,196
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,196
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: CHALET VILLAGE NORTH
  • Land Acres: 1
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: CHALET VILLAGE NORTH PB 18 PG 25 LOT 279 100 X 468.3

Ownership

  • Current Owner : HOLLAND THOMAS ELLIS
  • Current Owner 2: HOLLAND EVA MARIE
  • Previous Owner : BRESLIN MICHAEL J
  • Previous Owner 2: BRESLIN JENNIFER B
  • Owner Before Previous Owner: POTTER LARRY W
  • Owner Before Previous Owner 2: POTTER WANDA R
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 081101

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 126G
  • District: 11
  • Parcel: 126G-D-015.00
  • Lot: 279
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7208
  • Longitude: -83.5244

    Address

  • Full Address: 823 Sourwood Dr
  • Address - House Number: 823
  • Address - Street Name: Sourwood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Gatlinburg
  • Carrier Code: R002
  • 4-Digit Zip Code: 4315
  • Zip Code: 37738

Valuation

    Tax

  • Total Area: 1,098
  • Tax Year: 2023
  • Tax Amount: $3,019
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.2781
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 60
  • Final Value: 772,692
  • High Value: 987,620
  • Low Value: 557,765

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $736,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 22, 2021
  • First Open Lien Mortgage Loan Amount: $736,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $510,000
  • Market Land Value: $60,800
  • Market Improvement Value: $449,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $204,000
  • Assessed Land Value: $24,320
  • Assessed Improvements Value: $179,680

    Sales

  • Current Sale Contract Date: Dec 20, 2021
  • Current Sale Recording Date: Dec 22, 2021
  • Current Sale Transaction ID: 11875480416
  • Current Sale Price: $975,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21049591
  • Previous Sale Recording Date: Mar 13, 2020
  • Previous Sale Contract Date: Mar 13, 2020
  • Previous Sale Amount: $62,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Dec 22, 2021
  • First Mortgage Loan Amount: $736,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052



Comparables

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

About Sevier


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Frequently Asked Questions

When was property at 823 Sourwood Drive built and last sold?
The property at 823 Sourwood Drive was built in 2021 and last sold on Dec 20, 2021 for $975,000.
How much is this home worth?
The estimated value of the home located at 823 Sourwood Drive is $70,599.
What are some comparable homes to 823 Sourwood Drive?
There are currently no comparable homes to 823 Sourwood Drive.

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