4314 Covered Wagon Road, Sevierville, TN 37862 (MLS# 242593)

4314 Covered Wagon Road, Sevierville, TN 37862

$1,050,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 3,264 Lot Size (sq. ft.): 72,745 Status: Closed
Current Price: $1,050,000 List Date: 5/18/2021 Last Modified: 8/28/2024

Overview

Description

SMOKY MOUNTAIN VIEWS OF MOUNT LECONTE! Projected rental income over $110,000! This gorgeous rental is located in Wears Valley with easy access to the Smoky Mountains National Park and Foothills Parkway. The main level highlights the gorgeous view with the wall of windows and French doors leading to the main level deck. The open main level features a large great room, dining room, kitchen, laundry room, 1/2 bath, and master suite bedroom and bath. Upstairs has a loft area with ping pong/pool table combo, and 2 more bedroom suites - each with a private bathroom. The downstairs features the theater room, the 4th bedroom, and a full bath. This level also has an attached garage for the car enthusiast to keep their classic car during the car shows! Drone photography used in this listing.

Listing Details MLS# 242593

General Property Information

Lot Size Acres
1.67
Living Area
3264
Above Grade Finished Area
2499
Below Grade Finished Area
765
Below Grade Unfinished Area
652
Bedrooms Total
4
Bathrooms Total
5
Bathrooms Full
4
Bathrooms Half
Yes
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
Yes
Year Built
2004
Bonus Room YN
Yes
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
No
Furnished
Furnished
Construction Type
Site Built
View YN
Yes
List Price/SqFt
321.69
Sold Price/SqFt
321.69

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Range Hood; Refrigerator; Washer Architectural Style: Cabin Association Fee Includes: Insurance; Roads Basement: Basement; Exterior Entry; Partially Finished; Walk-Out Access Construction Materials: Frame Cooling: Central Air; Electric Exterior Features: Rain Gutters Flooring: Wood Heating: Central; Electric; Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; High Speed Internet; Walk-In Closet(s); Wet Bar Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Tri-Level Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Private Parking Features: Driveway; Garage Door Opener; Paved Patio And Porch Features: Deck Possession: Close Of Escrow Rental: Off Site Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector(s) Sewer: Septic Tank; Septic Permit On File Utilities: Cable Available View: Mountain(s) Water Source: Well Window Features: Double Pane Windows; Window Treatments Showing Requirements: Appointment Only; Call Listing Agent; Lockbox; Restricted Hours; See Remarks

Location Tax and Legal

Street Number
4314
Street Name
Covered Wagon
Street Suffix
Road
County
Sevier
State
TN
Zip Code
37862
Property Sub Type
Single Family Residence
MLS Area Major
Wears Valley

Contract Information

Original List Price
1050000
Listing Contract Date
2021-05-18
Owner Name
McFarland & Markward
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Association YN
Yes
Association Fee
25
Association Fee Frequency
Monthly
Association Name
The Homestead
Association Email
n/a
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
SMOKY MOUNTAIN VIEWS OF MOUNT LECONTE! Projected rental income over $110,000! This gorgeous rental is located in Wears Valley with easy access to the Smoky Mountains National Park and Foothills Parkway. The main level highlights the gorgeous view with the wall of windows and French doors leading to the main level deck. The open main level features a large great room, dining room, kitchen, laundry room, 1/2 bath, and master suite bedroom and bath. Upstairs has a loft area with ping pong/pool table combo, and 2 more bedroom suites - each with a private bathroom. The downstairs features the theater room, the 4th bedroom, and a full bath. This level also has an attached garage for the car enthusiast to keep their classic car during the car shows! Drone photography used in this listing.
Directions
From Pigeon Forge turn at Light # 3 on to Wears Valley Road and travel 9.9 MI. Turn R on to Happy Hollow Road and go .5 MI to Right on S. Clearfork Road. Go .7 MI to Left on to Chamberlain Lane. Travel approx 1.5 Miles. You will pass The Preserve entrance on the right. Take the next Left down the hill onto Stackstone Rd. Turn at the next Left onto Covered Wagon Rd. **No signs are allowed so look for 4314 sign at the bottom of the driveway.**

Status Change Information

Major Change Timestamp
2021-09-02T16:48:28Z
Major Change Type
Status Change
Status Change Timestamp
2021-09-02
Purchase Contract Date
2021-07-19
Close Date
2021-09-02
Close Price
1050000
Buyer Financing
Conventional
Anticipated Closing Date
2021-08-31

More Information

Fireplace Features

Fireplaces Total
Yes

Showing Requirements

Showing Instructions
***Contract fell through due to financing*** Text Rachel for showings. It is only rented out about half the year and used as a second home the rest of the time. $45k for 2020, but that is no where near its potential. Projected annual rentals of over $110,000 from Bear Camp Rentals. Time limit of offer to be no less than 24 hours. All offers must include preapproval/proof of funds and all signed disclosures located in Associated Docs. Most furnishing are staying, however, there are exempt items. Downstairs A/C unit replaced 09/2017, upstairs unit replaced 2021, septic pumped 2017.
Appointment Only
Yes
Call Listing Agent
Yes
Lockbox
Yes
Restricted Hours
Yes
See Remarks
Yes

Historical Information

Public Historical Remarks
Interior Features: Large Primary Bedroom

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Sevier County
Parcel Number
113P A 027.00
Tax Lot
27E
Book/Page/Doc #
5360, 110
Tax Annual Amount
1758.63
Tax Year
2019

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Range Hood
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

Cabin
Yes

Association Fee Includes

Insurance
Yes
Roads
Yes

Basement

Basement
Yes
Exterior Entry
Yes
Partially Finished
Yes
Walk-Out Access
Yes

Construction Materials

Frame
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
Walk-In Closet(s)
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

Basement
Yes
Driveway
Yes
Garage Door Opener
Yes
Paved
Yes

Patio And Porch Features

Deck
Yes

Possession

Close Of Escrow
Yes

Rental

Off Site
Yes

Road Surface Type

Paved
Yes

Roof

Composition
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Septic Tank
Yes
Septic Permit On File
Yes

Utilities

Cable Available
Yes

View

Mountain(s)
Yes

Water Source

Well
Yes

Window Features

Double Pane Windows
Yes
Window Treatments
Yes
Listing Office: Local Realty Group
Last Updated: August - 28 - 2024
Information deemed reliable but not guaranteed.
Search powered by FBS Products