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

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.

More Information MLS# 242593

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

Contract Information

Association Type: Mandatory 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 Current Price: $1,050,000 Original List Price: 1050000 Sold Price: $1,050,000 Status: Closed Listing Contract Date: 2021-05-18

General Property Information

Lot Size Acres: 1.67 Above Grade Finished Area: 2499 Below Grade Finished Area: 765 Below Grade Unfinished Area: 652 Garage YN: Yes Bathrooms Half: 1 Attached Garage YN: Yes Garage Spaces: 1 Bonus Room YN: Yes Furnished: Furnished Accessory Dwelling Unit YN: No Sign On Property YN: No Home Warranty YN: No Construction Type: Site Built View YN: Yes List Price/SqFt: 321.69 Sold Price/SqFt: 321.69 Living Area: 3264 Bedrooms Total: 4 Bathrooms Total: 5 Bathrooms Full: 4 Year Built: 2004

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

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

Appliances

Dishwasher: 1 Dryer: 1 Electric Range: 1 Microwave: 1 Range Hood: 1 Refrigerator: 1 Washer: 1

Architectural Style

Cabin: 1

Association Fee Includes

Insurance: 1 Roads: 1

Basement

Basement: 1 Exterior Entry: 1 Partially Finished: 1 Walk-Out Access: 1

Construction Materials

Frame: 1

Cooling

Central Air: 1 Electric: 1

Exterior Features

Rain Gutters: 1

Fireplace Features

Fireplaces Total: 1

Flooring

Wood: 1

Heating

Central: 1 Electric: 1 Heat Pump: 1

Interior Features

Cathedral Ceiling(s): 1 Ceiling Fan(s): 1 Great Room: 1 High Speed Internet: 1 Walk-In Closet(s): 1 Wet Bar: 1

Laundry Features

Electric Dryer Hookup: 1 Washer Hookup: 1

Levels

Tri-Level: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Lot Features

Private: 1

Parking Features

Basement: 1 Driveway: 1 Garage Door Opener: 1 Paved: 1

Patio And Porch Features

Deck: 1

Possession

Close Of Escrow: 1

Rental

Off Site: 1

Road Surface Type

Paved: 1

Roof

Composition: 1

Security Features

Smoke Detector(s): 1

Sewer

Septic Tank: 1 Septic Permit On File: 1

Utilities

Cable Available: 1

View

Mountain(s): 1

Water Source

Well: 1

Window Features

Double Pane Windows: 1 Window Treatments: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1 Lockbox: 1 Restricted Hours: 1 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. See Remarks: 1

Historical Information

Public Historical Remarks: Interior Features: Large Primary Bedroom

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

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
Listing Office: Local Realty Group
Last Updated: August - 28 - 2024
Information deemed reliable but not guaranteed.