3534 MOUNTAIN TYME Way, "Mountain Tyme Lodge", Sevierville, TN 37862 (MLS# 243396)

3534 MOUNTAIN TYME Way, "Mountain Tyme Lodge", Sevierville, TN 37862

$815,000

Virtual Tour

http://tour.usamls.net/3534-Mountain-Tyme-Way-Sevierville-TN-37862--243396/unbranded

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 3,794 Lot Size (sq. ft.): 21,780 Status: Closed

Current Price: $815,000 List Date: 6/24/2021 Last Modified: 8/28/2024

Overview

Description

New meaning of CASH COW is "Mountain Tyme Lodge". Just look at the rental numbers, combine those numbers with the view and location of this beautiful cabin in gated community overlooking Wears Valley and into the Great Smoky Mountains, and you've hit it out of the investment ballpark! Covered and open porches, metal roof, log siding. Rented as a 5-bedroom with additional four single beds in large recreation room. Extremely LARGE and open gathering area with vaulted wood ceilings, stacked stone gas fireplace and wall of windows, new granite kitchen countertops, new lighting, hardwood floors on upper two floors. One bathroom and one bedroom on main level, two bedrooms/one bath on upper level. Lower level includes another huge game room including wet bar, two more bedrooms and one bath, covered lowered deck with hot tub. Within minutes of action-packed Pigeon Forge and Gatlinburg. County water. Some pictures are drone shots.

Listing Details MLS# 243396

General Property Information

Lot Size Acres: 0.5
Living Area: 3794
Above Grade Finished Area: 2716
Below Grade Finished Area: 1078
Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 3
Garage YN: No
Year Built: 1998
Bonus Room YN: Yes
Accessory Dwelling Unit YN: No
Sign On Property YN: Yes
Home Warranty YN: No
Furnished: Furnished
Construction Type: Site Built
View YN: Yes
List Price/SqFt: 294.18
Sold Price/SqFt: 300.07
Below Grade Unfinished Area: 0
Bathrooms Half: 0
Garage Spaces: 0

Property Features

Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Range Hood; Refrigerator; Self Cleaning Oven; Washer Architectural Style: Cabin; Log Association Fee Includes: Roads; Security Attic Features: None Basement: Basement; Exterior Entry; Finished; Full; Walk-Out Access Construction Materials: Log Siding; Synthetic Stucco Cooling: Central Air; Electric Exterior Features: Rain Gutters Fireplace Features: Gas Log Flooring: Wood Heating: Central; Electric; Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; High Speed Internet; Solid Surface Counters; Wet Bar Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Tri-Level Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Private Parking Features: Driveway; Paved; Private Patio And Porch Features: Deck; Patio Pool Features: Hot Tub Rental: On Site; Rental History Road Frontage Type: Private Road Road Surface Type: Paved Roof: Metal Security Features: Gated Community; Smoke Detector(s) Sewer: Septic Tank; Septic Permit On File Utilities: Cable Available View: Mountain(s) Water Source: Public Window Features: Double Pane Windows; Window Treatments Showing Requirements: Appointment Only; Call Listing Agent; Restricted Hours; See Remarks

Location Tax and Legal

Street Number: 3534
Street Name: MOUNTAIN TYME
Street Suffix: Way
County: Sevier
State: TN
Zip Code: 37862
Property Sub Type: Single Family Residence
MLS Area Major: Wears Valley
Subdivision Name: Hideaway Mtn

Contract Information

Original List Price: 799000
Listing Contract Date: 2021-06-24
Owner Name: Welch
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Rental History Gross Amount 1: 95300
Rental History Year 1: 2021
Rental History Gross Amount 2: 81037
Rental History Year 2: 2020
Association YN: Yes
Association Fee: 500
Association Fee Frequency: Annually
Association Name: Hideaway Mountain HOA
Association Email: tim@elliottinsurance.com
Association Type: Mandatory

Remarks and Miscellaneous

Public Remarks: New meaning of CASH COW is "Mountain Tyme Lodge". Just look at the rental numbers, combine those numbers with the view and location of this beautiful cabin in gated community overlooking Wears Valley and into the Great Smoky Mountains, and you've hit it out of the investment ballpark! Covered and open porches, metal roof, log siding. Rented as a 5-bedroom with additional four single beds in large recreation room. Extremely LARGE and open gathering area with vaulted wood ceilings, stacked stone gas fireplace and wall of windows, new granite kitchen countertops, new lighting, hardwood floors on upper two floors. One bathroom and one bedroom on main level, two bedrooms/one bath on upper level. Lower level includes another huge game room including wet bar, two more bedrooms and one bath, covered lowered deck with hot tub. Within minutes of action-packed Pigeon Forge and Gatlinburg. County water. Some pictures are drone shots.
Directions: In Wears Valley turn off Highway 321 (Wears Valley Road) onto Valley View Road. Follow appr 1 mile and veer left in front of church onto Little Cove Road. Follow to left on Mountain Tyme Way (Hideaway Mountain Subdivision sign will be on left too. Gated. Will need gate code from listing agent. First house on left.

Status Change Information

Major Change Timestamp: 2021-08-13T16:51:12Z
Major Change Type: Status Change
Status Change Timestamp: 2021-08-13
Purchase Contract Date: 2021-06-26
Close Date: 2021-08-13
Close Price: 815000
Buyer Financing: Conventional
Anticipated Closing Date: 2021-08-02

More Information

Fireplace Features

Fireplaces Total: Yes
Gas Log: Yes

Showing Requirements

Showing Instructions: Available showing dates (all back to backs) 6/24, 6/28, 7/1
Appointment Only: Yes
Call Listing Agent: Yes
Restricted Hours: Yes
See Remarks: Yes

Location, Tax, and Legal

Street Additional Info: "Mountain Tyme Lodge"
Restrictive Covenants YN: Yes
Zoning: Residential
Zoning Entity: Sevier County
Tax Lot: 20
Book/Page/Doc #: 28, 316
Tax Annual Amount: 1223
Tax Year: 2019

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Range Hood: Yes
Refrigerator: Yes
Self Cleaning Oven: Yes
Washer: Yes

Architectural Style

Cabin: Yes
Log: Yes

Association Fee Includes

Roads: Yes
Security: Yes

Attic Features

None: Yes

Basement

Basement: Yes
Exterior Entry: Yes
Finished: Yes
Full: Yes
Walk-Out Access: Yes

Construction Materials

Log Siding: Yes
Synthetic Stucco: Yes

Cooling

Central Air: Yes
Electric: Yes

Exterior Features

Rain Gutters: Yes

Flooring

Wood: Yes

Heating

Central: Yes
Electric: Yes
Heat Pump: Yes

Interior Features

Cathedral Ceiling(s): Yes
Ceiling Fan(s): Yes
Great Room: Yes
High Speed Internet: Yes
Solid Surface Counters: Yes
Wet Bar: Yes

Laundry Features

Electric Dryer Hookup: Yes
Washer Hookup: Yes

Levels

Tri-Level: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Lot Features

Private: Yes

Parking Features

Driveway: Yes
Paved: Yes
Private: Yes

Patio And Porch Features

Deck: Yes
Patio: Yes

Pool Features

Hot Tub: Yes

Rental

On Site: Yes
Rental History: Yes

Road Frontage Type

Private Road: Yes

Road Surface Type

Paved: Yes

Roof

Metal: Yes

Security Features

Gated Community: Yes
Smoke Detector(s): Yes

Sewer

Septic Tank: Yes
Septic Permit On File: Yes

Utilities

Cable Available: Yes

View

Mountain(s): Yes

Water Source

Public: Yes

Window Features

Double Pane Windows: Yes
Window Treatments: Yes

Listing Office: East Tennessee Realty Group

Last Updated: August - 28 - 2024

Information deemed reliable but not guaranteed.

Geoff Hill, Realtor Lic. No. 322967 Prime Mountain Properties, Lic. No. 259072

3534 MOUNTAIN TYME Way, “Mountain Tyme Lodge”, Sevierville, TN 37862 (MLS# 243396)