235 & 238 Maggie Mack Lane, Sevierville, TN 37862

$1,100,000
Property Type: Residential Income Bedrooms: 7 Baths: 5 Square Footage: 3,416 Lot Size (sq. ft.): 1,126,462 Status: Closed
Current Price: $1,100,000 List Date: 12/04/2024 Last Modified: 4/16/2025

Description

ATTENTION INVESTORS!! BEAUTIFUL PROPERTY IN CONVENIENT LOCATION WITH INCREDIBLE OPPORTUNITY FOR ADDITIONAL DEVELOPMENT! Three separate parcels for a combined total of 25.86+/- acres being sold together for one great price. The first parcel is in the City of Sevierville and features a one level ranch-style home on a .86-acre lot. Built in 1976 and features three bedrooms and two full baths. Two car garage with an over-the-garage apartment featuring one bedroom and one full bath. Also features an implement shed for storage. The second ranch-style home was built in 1972 and sits on 10 acres; 2.5 acres are in the City of Sevierville and 7.5 acres are in the county. Features 3 bedrooms and two full baths with a full unfinished basement. 2 storage buildings for extra storage space. The third parcel is 15 acres and includes a 100x100 cell tower land lease to SBA Communications. There are endless possibilities with this unique property. Being sold 'as is' with no warranties or guarantees implied. Drone photography used and any boundary lines are approximate and should be verified.

More Information MLS# 304074

Location, Tax, and Legal

New Construction YN: No Restrictive Covenants YN: Yes Zoning: R-1 Zoning Entity: Sevierville Parcel Number: 049H D 021.00 Tax Lot: 0 Book/Page/Doc #: 258, 2286, 605, 202 Tax Annual Amount: 4019.83 Tax Year: 2023 City Tax: 3560.51 County Tax: 459.32

Contract Information

Auction YN: No Owner Name: Jennifer Rule, et al Listing Agreement: Exclusive Right To Sell Occupancy: Permanent Resident Only Association YN: No Current Price: $1,100,000 Original List Price: 1250000 Sold Price: $1,100,000 Status: Closed Listing Contract Date: 2024-12-04

General Property Information

Number Of Units Total: 3 Stories Total: 2 Lot Size Acres: 25.86 Below Grade Unfinished Area: 1384 Garage YN: Yes Bathrooms Half: 0 Garage Spaces: 2 Fireplace YN: Yes Bonus Room YN: No Sign On Property YN: Yes Home Warranty YN: No List Price/SqFt: 365.93 Sold Price/SqFt: 322.01 Living Area: 3416 Bedrooms Total: 7 Bathrooms Total: 5 Bathrooms Full: 5 Year Built: 1976

Remarks and Miscellaneous

Public Remarks: ATTENTION INVESTORS!! BEAUTIFUL PROPERTY IN CONVENIENT LOCATION WITH INCREDIBLE OPPORTUNITY FOR ADDITIONAL DEVELOPMENT! Three separate parcels for a combined total of 25.86+/- acres being sold together for one great price. The first parcel is in the City of Sevierville and features a one level ranch-style home on a .86-acre lot. Built in 1976 and features three bedrooms and two full baths. Two car garage with an over-the-garage apartment featuring one bedroom and one full bath. Also features an implement shed for storage. The second ranch-style home was built in 1972 and sits on 10 acres; 2.5 acres are in the City of Sevierville and 7.5 acres are in the county. Features 3 bedrooms and two full baths with a full unfinished basement. 2 storage buildings for extra storage space. The third parcel is 15 acres and includes a 100x100 cell tower land lease to SBA Communications. There are endless possibilities with this unique property. Being sold 'as is' with no warranties or guarantees implied. Drone photography used and any boundary lines are approximate and should be verified. Directions: From downtown Sevierville - West on Main Street (Chapman Hwy) just past Hardees to LEFT at traffic light onto Hardin Lane. Go to first RIGHT onto Maggie Mack Lane to property on RIGHT. See realtor sign.

Status Change Information

Status Change Timestamp: 2025-04-16 Buyer Financing: Cash Anticipated Closing Date: 2025-03-28 Major Change Timestamp: 2025-04-16T15:58:27Z Major Change Type: Status Change Purchase Contract Date: 2024-12-17 Close Date: 2025-04-15 Close Price: 1100000

Unit Details

# of 1-Bedroom Units: 1 # of 3-Bedroom Units: 2

Association Amenities

Other: 1

Construction Materials

Block: 1 Frame: 1 Vinyl Siding: 1 Wood Siding: 1

Cooling

Central Air: 1 Electric: 1

Current Use

Residential: 1

Documents

Lead Based Paint Disclosure: 1

Documents Available

Aerial Photo: 1 Lead Based Paint: 1

Fireplace Features

Fireplaces Total: 1 Gas Log: 1

Flooring

Carpet: 1 Tile: 1 Vinyl: 1

Heating

Central: 1

Interior Features

Storage: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Lock Box Information

Combo: 1

Other Structures

Outbuilding: 1 Shed(s): 1 Storage: 1

Parking Features

Attached Carport: 1 Garage: 1

Possession

Close Of Escrow: 1 Other: 1

Road Frontage Type

City Street: 1 Easement: 1

Road Surface Type

Gravel: 1 Paved: 1

Sewer

Septic Tank: 1

Utilities

Natural Gas Available: 1 Sewer Available: 1 Water Available: 1

Water Source

Public: 1 Well: 1

1 Bedroom Unit Details

Baths Full: 1 Baths Total: 1

2 Bedroom Unit Details

Baths Full: 2 Baths Total: 2

3 Bedroom Unit Details

Baths Full: 2 Baths Total: 2 Fireplace: 1 W/D Hookups: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1 Lockbox: 1

Location Tax and Legal

Street Number: 235 & 238 Street Name: Maggie Mack Street Suffix: Lane County: Sevier State: TN Zip Code: 37862 Property Sub Type: Multi Family MLS Area Major: Sevierville Subdivision Name: None

Property Features

3 Bedroom Unit Details: Fireplace; W/D Hookups Association Amenities: Other Construction Materials: Block; Frame; Vinyl Siding; Wood Siding Cooling: Central Air; Electric Current Use: Residential Documents: Lead Based Paint Disclosure Documents Available: Aerial Photo; Lead Based Paint Fireplace Features: Gas Log Flooring: Carpet; Tile; Vinyl Heating: Central Interior Features: Storage Listing Terms: 1031 Exchange; Cash; Conventional Lock Box Information: Combo Other Structures: Outbuilding; Shed(s); Storage Parking Features: Attached Carport; Garage Possession: Close Of Escrow; Other Road Frontage Type: City Street; Easement Road Surface Type: Gravel; Paved Sewer: Septic Tank Utilities: Natural Gas Available; Sewer Available; Water Available Water Source: Public; Well Showing Requirements: Appointment Only; Call Listing Agent; Lockbox
Listing Office: Prime Mountain Properties
Last Updated: April - 16 - 2025
Information deemed reliable but not guaranteed.