NOT LISTED FOR SALE

1008 E Foothills Dr Gatlinburg, TN 37738

Estimated Value: $561,041

2 Beds
2 Baths
1,552 Sq Ft
$361/Sq Ft Est. Value

Last Sold September 12, 2023

Last sale price $675,000 $435 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $3,010/month

47 Days on Market

Highlights

  • 1.3 Acre Lot
  • Mountain View
  • Wooded Lot
  • Gatlinburg Pittman High School Rated A-
  • Private Lot
  • Wood Flooring

About This Home

As of September 2023

Beautiful cabin in Gatlinburg with breathtaking views of the Smoky Mountains! This cabin is incoming producing and turn-key with being fully furnished and ready to accommodate 8+ guests. Enjoy the peace and tranquility from your back porch or in the hot tub on this 1.3 private acreage property! This is a wonderful vacation spot with easy access to Gatlinburg and Pigeon Forge. Two separate flat driveways for easy guest access and equipped with two owner's/trash sheds. Within the last year, these owners have renovated the now finished basement and second bathroom to be able to accommodate more rental guests and have proven to be a successful investment property! This home is grandfathered in and not part of the HOA.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $554

Year Built

  • Built in 1973

Lot Details

  • 1.3 Acre Lot
  • Private Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Wood Flooring
  • Mountain Views
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Pi Beta Phi Elementary School
  • Pigeon Forge Junior High School
  • Gatlinburg Pittman High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heat Pump System

Community Details

  • Valley High Subdivision

Listing and Financial Details

  • Assessor Parcel Number 117G A 02200 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$554

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • Year Built: 1973
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Wood, Other
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 1137
  • Below Grade Sq Ft: 415
  • Building Area Units: Square Feet
  • Living Area: 1552
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Log
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Wall/Window Unit(s), Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Private, Wooded, Level
  • Lot Size Acres: 1.3
  • Lot Size: 260M X 244.5 IRR
  • Lot Size Units: Acres
  • Parcel #: 117G A 02200 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 554

MLS Schools

  • Elementary School: Pi Beta Phi Elementary
  • High School: Gatlinburg Pittman High
  • Middle Or Junior School: Pigeon Forge Junior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2023
Closed on
Sep 12, 2023
Sold by
Klein Nicholas Randall and Knapp Matthew Shane
Bought by
Hovey Alyssa
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%
Views
245
Current Estimated Value
$561,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$113,959
Avg. Annual Appreciation
-8.32%
Original Mortgage
$237,350
Outstanding Balance
$232,259
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$328,782

Purchase Details

Listed on
Jun 30, 2022
Closed on
Sep 9, 2022
Sold by
Long and Judith
Bought by
Knapp Matthew Shane and Klein Nicholas Randall
Seller's Agent
Deanna Dellinger
eXp Realty, LLC
Buyer's Agent
Robin Ann Aggers
Wallace
List Price
$600,000
Sold Price
$570,000
Premium/Discount to List
-$30,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.22%
Original Mortgage
$456,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 1993
Sold by
Raible Michael K
Bought by
Richard Long Ward

Purchase Details

Closed on
Nov 10, 1993
Bought by
Long Ward R and Long Judith A

Purchase Details

Closed on
Feb 12, 1993
Bought by
Raibel Michael K and Raibel Patricia S
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hovey Alyssa $675,000 Admiral Title Inc
Knapp Matthew Shane $570,000 Crown Title
Richard Long Ward $73,750 --
Long Ward R $73,800 --
Raibel Michael K $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hovey Alyssa $237,350
Previous Owner Knapp Matthew Shane $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2023 09/12/23 Sold $675,000 -3.4% $435 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
06/17/2023 06/17/23 For Sale $699,000 +22.6% $450 / Sq Ft
09/09/2022 09/09/22 Sold $570,000 0.0% $501 / Sq Ft View Prior Sale
09/09/2022 09/09/22 Sold $570,000 -5.0% $501 / Sq Ft View Prior Sale
07/25/2022 07/25/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $600,000 0.0% $528 / Sq Ft
06/30/2022 06/30/22 For Sale $600,000 -- $528 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $886 $59,880 $21,000 $38,880
2024 $554 $59,880 $21,000 $38,880
2023 $554 $59,880 $0 $0
2022 $554 $37,425 $13,125 $24,300
2021 $554 $37,425 $13,125 $24,300
2020 $597 $37,425 $13,125 $24,300
2019 $597 $32,075 $13,125 $18,950
2018 $597 $32,075 $13,125 $18,950
2017 $597 $32,075 $13,125 $18,950
2016 $597 $32,075 $13,125 $18,950
2015 -- $36,175 $0 $0
2014 $590 $36,182 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2870518

Realtracs

APN: 117G-A-022.00