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Sold for $1,825,000 on 12/16/22
  • $1,825,000

    3417 Summit Trails Dr, Sevierville, TN 37862

    4beds
    4,245sqft
    Single Family Residence, Residential
    Built in 2020
    1.33 Acres Lot
    $2,259,600 Zestimate®
    $430/sqft
    $7,168 Estimated rent

    Home value

    $2,259,600

    $1.99M - $2.58M

    $7,168/mo

    Zestimate® history
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    $10,805/mo

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    What's special

    Rare opportunity to own a high end overnight rental in the prestigious The Summit community! $212,000 on the books for 2022 and a conservative projection of $245,000 gross for 2022 based on 65% occupancy! This mountain retreat boasts unique design and sturdy materials to ensure low and easy maintenance costs.Covered carport at the main entrance make for easy and carefree access. Indoor heating swimming pool and large common area spaces make this perfect for any family or friends get together. This home comes equipped with a 13-R commercial sprinkler system. Generous back deck off of the living room is covered and perfect for any gathering! Well cared for and maintained this would make the perfect second home or continue as an investment!

    Zillow last checked: 8 hours ago

    Listing updated: August 31, 2024 at 10:27pm

    Listed by:

    Deborah Korlin 865-765-6157,

    Century 21 MVP,

    Greg Korlin 865-643-2103

    Bought with:

    eXp Realty, LLC 7720

    Source: GSMAR, GSMMLS,MLS#: 249575MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Electric
    Cooling
    • Electric
    Appliances
    • Included: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Cathedral Ceiling(s), Ceiling Fan(s), Great Room, High Speed Internet, Solid Surface Counters
    • Windows: Double Pane Windows
    • Basement: Finished
    • Number of fireplaces: 1
    • Fireplace features: Electric
    • Furnished: Yes
    Interior area
    • Total structure area: 4,245
    • Total interior livable area: 4,245 sqft
    • Finished area above ground: 2,830
    • Finished area below ground: 1,415

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached Carport
    • Garage spaces: 4
    • Has carport: Yes
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Covered, Deck
    • Exterior features: Rain Gutters
    • Pool features: In Ground
    • Spa features: Hot Tub
    • Has view: Yes
    • View description: Mountain(s), Seasonal
    Lot
    • Size: 1.33 Acres
    • Features: Sprinklers In Rear
    Details
    • Parcel number: 09215700000
    • Zoning: R-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence, Residential
    Materials
    • Cement Siding
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Year built: 2020

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Sevierville
    • Subdivision: The Summit

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $650 annually
    • Amenities included: Management
    • Services included: Insurance, Roads
    • Association name: The Summit HOA

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/16/2022Sold$1,825,000-17%$430/sqft
    Source: GSMAR, GSMMLS #249575
    11/3/2022Pending sale$2,199,990$518/sqft
    Source: GSMAR, GSMMLS #249575
    10/3/2022Price change$2,199,990-10.2%$518/sqft
    Source: GSMAR, GSMMLS #249575
    5/27/2022Price change$2,450,000-5.8%$577/sqft
    Source: GSMAR, GSMMLS #249575
    5/19/2022Listed for sale$2,600,000+65.1%$612/sqft
    Source: GSMAR, GSMMLS #249575

    Public tax history

    YearProperty taxesTax assessment
    2024$8,697 $587,640
    2023$8,697 +60%$587,640 +60%
    2022$5,436 $367,275

    Find assessor info on the county website

    Neighborhood: 37862

    Nearby schools

    GreatSchools rating
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