2 months on rocket

2620 Wears Valley Rd, Sevierville, TN, 37862

$484,000

Home List Price

$5,748*

Closing Credit

2 Bedrooms
1 Full Bath
1,722 SqFt
$281/SqFt
House

Location

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2620 Wears Valley Rd, Sevierville$484,000

Buyer Closing Credits

$5,748*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingRV Parking, Main Level
Year Built1960
HeatingCentral, Heat Pump, Electric
CoolingCentral Air
FireplaceBrick, Wood Burning
ViewMountain(s), Trees/Woods, Other
MLS #1279804
Lot Size1.20 Acres
StatusActive

About 2620 Wears Valley Rd

*OPEN TO OWNER FINANCING!!**FANTASTIC OPPORTUNITY!!! - 2 HOUSES ON ~1.2 ACRES +/- FOR THE PRICE OF 1 WITH PRIME LOCATION OFF WEARS VALLEY ROAD!* *420 FEET OF ROAD FRONTAGE!* The main home boasts 2 beds, 1 bathroom and a bonus room for a total of ~1,722 +/- sq ft. Main home also features a sunroom, hardwood floors, and wood-burning fireplace. Sunroom leads to deck outside, which has stellar mountain views (especially once cutting a few trees down) and is 220V-wired/ready for a hot tub. Roof is 2 years old. New window panes, new HVAC, new gutters, new water pump & wiring. The other house is a 2-story loft equipped with a half bath and hand-sewn poplar flooring throughout. Downstairs was used as retail space and upstairs was used as an art studio. The perfect setup for any small business owner wanting a separate location away from their home to launch a business with high-visibility road frontage on Wears Valley Rd! Flat space next to art studio would be a great place for a camper/RV, with convenient access to electricity, water, and septic. Kitchen could also easily be added to studio. Both structures have their own address (Home is 2620 Wears Valley, studio is 2616 Wears Valley) and septic system, approved for a 2 bed and a 1 bed respectively. This home has been well loved, so make the studio your new creative escape! Or, one could put two sets of bunk beds and a pool table and have a sweet game room! No restrictions means this could be on a short-term rental program with projections of $71k annually! Driveway needs grading. Only items to convey with home are dishwasher and oven/range/stove in main home. Selling as-is. Highly motivated, bring your offers! Give this well-loved home the TLC it needs and deserves! *Additional 2 acres of land available, MLS# 1279805* Buyer to verify all information.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1960
  • Living Area: 1,722 SqFt

Listing Office:

  • Office Name: MG Rise Real Estate Group
  • Office Phone: (865) 968-7473

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range
  • Basement: No
  • Flooring Type: Laminate, Hardwood, Tile
  • Interior: Pantry
  • Fireplace: Brick, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Mountain(s), Trees/Woods, Other
  • Exterior: Windows - Vinyl, Patio, Porch - Enclosed, Deck

Parking Information:

  • Attached Garage: No
  • Parking: RV Parking, Main Level

Lot Features

Lot Information:

  • Lot: Private, Wooded, Irregular Lot, Rolling/Hilly
  • Lot Size: 1.20 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From exit 407, travel down Winfield Parkway for about 9 miles, then turn right onto the Parkway and travel about 4 miles, then turn right onto Wears Valley Road. Home is on the right after about 6.5 miles. Sign on property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $484,000
  • Price Per SqFt: $281/SqFt

Tax Information:

  • Annual Amount: $680
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sevierville, TN.

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Sevierville, TN

City

Med. Sold Price

$475K

Med. Price/SqFt

$278

Avg. Days On Market

69

# of Sold Homes

39

2620 Wears Valley Rd vs Sevierville

65 DAYS ON ROCKET

-4 Days

$484,000

+$9K More

$281/SqFt

+$2 More

KEY TAKEAWAY

This property is $9K more than the Median Sold Price and $2/SqFt more than other homes in Sevierville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1279804

Listing Office:

  • Office Name: MG Rise Real Estate Group
  • Office Phone: (865) 968-7473

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 1:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 20, 2000Home Sold
$155,000

Tax History

YEARPROP. TAXASSESSMENT
2020$680$40,925
2019$680$36,575
2018$680$36,575
2017$680$36,575

History based on county public records data.

Payment Calculator

$2,483

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,518

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-975939
3
/10

  • Pigeon Forge Primary School

  • 1766 Waldens Creek Rd

  • 3.15 miles

  • Public District Grades PK-3

school-card-donut-975940
4
/10

  • Pi Beta Phi Elementary School

  • 125 Cherokee Orchard Rd

  • 6.95 miles

  • Public District Grades PK-6

school-card-donut-975941
5
/10

  • Townsend Elementary School

  • 140 Tiger Dr

  • 8.54 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,267. Residents of Sevierville, TN typically earn between $35k-100k each year. The majority of families are married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Sevierville, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Sevierville, TN?

Sevierville's housing market is diverse, offering a mix of residential options that cater to a range of preferences. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles that include rustic cabins, contemporary designs, and traditional brick homes. The market also features condominiums and townhouses, providing alternatives for those seeking a more communal living experience or lower maintenance properties. The area has seen a variety of development phases, with many homes dating back to the late 20th century, reflecting the town's growth during that period.

Is Sevierville, TN a good place to live?

Sevierville is celebrated for its small-town charm and proximity to natural attractions, including the Great Smoky Mountains National Park. The community prides itself on a family-friendly atmosphere and a strong sense of local heritage, with annual events that showcase regional music, crafts, and cuisine. The town's character is further enriched by its historical sites and the presence of local businesses that contribute to its unique identity.

Are things conveniently located in Sevierville, TN?

The community is served by a network of public schools, including several elementary, middle, and high schools, as well as private educational institutions that offer alternative learning environments. Healthcare services are accessible, with local clinics and a hospital that provides emergency care, outpatient services, and specialized medical treatments. Sevierville also boasts a public library system that supports lifelong learning and community engagement. Retail and dining options are abundant, ranging from local boutiques and eateries to well-known chains, reflecting both the town's culture and its appeal to visitors.

What does the transportation in Sevierville, TN look like?

Transportation in Sevierville includes a variety of options for residents and visitors. The town's layout facilitates private vehicle use, with a network of roads connecting to major highways for convenient regional travel. Public transportation services are available, offering routes that connect key areas of the town and surrounding attractions. The community's walkability varies by area, with the downtown district being particularly pedestrian-friendly. Ride-sharing services are operational in Sevierville, providing an alternative mode of transport for those without access to a private vehicle.

Frequently Asked Questions About 2620 Wears Valley Rd

What is the listing price of this property?

The listing price of 2620 Wears Valley Rd property is $484,000.

What type of property is this?

The property 2620 Wears Valley Rd is a house located in Sevierville, Tennessee, 37862.

Is this property for sale now?

Active Listing: 2620 Wears Valley Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $680 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 20, 2000 for $155,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2620 Wears Valley Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2620 Wears Valley Rd is 1,722 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2620 Wears Valley Rd is 1960.

Rocket Homes›Tennessee›Sevier County›Sevierville›37862›2620 Wears Valley Rd

This home is located at 2620 Wears Valley Rd in Sevierville, TN and zip code 37862. This 1,722 square foot home, which was built in 1960, sits on a 1.20 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $484,000.

While more than 5 listings in Sevierville, TN in November 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 24 were sold below. Between October 2024 and November 2024, Sevierville, TN real estate market has seen increase in the number of listings by 7.4%. In November 2024, listings were on the market for 69 days. During the same period, the median list price in this real estate market was $475,000.

From Rocket Homes Real Estate and based on county public records data.

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