NOT LISTED FOR SALE

1008 Powdermill Rd Gatlinburg, TN 37738

Estimated Value: $847,832

2 Beds
3 Baths
2,500 Sq Ft
$339/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $730,000 $292 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,842/month

17 Days on Market

Highlights

  • Deck
  • Forest View
  • Wood Flooring
  • Gatlinburg Pittman High School Rated A-
  • Wooded Lot
  • Covered patio or porch

About This Home

As of May 2021

Stunning light - bright - open! This gorgeous 2008 custom built cabin nestled in the woods, close to town and yet incredibly private, is the perfect vacation rental or private getaway! Over 90% of the furnishings to convey providing a near turn-key investment. No expense was spared in creating this quintessential mountain home which boasts open, soaring ceilings and abundant windows that take in the light and expose the forest and wildlife from every window. As you enter this 2,500SF of quality and style, these towering double pane windows will take your breath away. Enjoy entertaining family and friends in the exquisite dining and kitchen area with new Whirlpool stainless appliances and granite counters including a prep island with raised bar for casual seating. A statement-making stacked stone wood-burning fireplace with blower centers the living area with hearth that extends under a window for a cozy reading nook. A custom designed interior staircase with intricate woodwork detail invites you to further explore this incredible 2 bed, 3 bath home. This grand staircase leads to a fantastic open loft area with full bathroom that offers a lovely freestanding bathtub for those nights when only a soothing bubble bath will do. The relaxing main floor bedrooms are a sight to behold with large walk-in closets and master bath with glass and tile shower. The partially finished lower level is perfect for adding to the home's sleep or recreational accommodations, with a full bath providing premium convenience for either role. This elegant home has a wonderful covered wrap-around deck that graciously provides a relaxing spot to take in the impressive views of the verdant mountains stretching high into the sky, and where whitetail deer, wild turkeys, and maybe a black bear or two might even be sighted. A staircase down to the lower deck reveals a hot tub for therapeutic relaxation. Among this peaceful wooded setting is a unique landscape that includes a walking trail and a bird sanctuary to check off every box for the nature enthusiast. A finished 2-car garage and plenty of parking means more than enough room for inviting family and friends, which is ideal as you are definitely going to want to show off this trophy property! With every feature accounted for, this charming cabin home is energy efficient and offers new solar panels, plus has been updated with an AFS water drainage system, 3.5 ton Amana HVAC system, mini split heating/cooling system in basement, and septic pump. Located in the Gatlinburg Arts and Crafts area, this tranquil home sits at the heart of everything, only 5 minutes to all downtown has to offer! Don't miss seeing this beautiful property for yourself. Makes a wonderful permanent home or vacation rental. Call Today!
Square footage is approximate and not guaranteed. Buyer to verify all square footage.

Last Agent to Sell the Property

Ryan Coleman

Hometown Realty, LLC License #322312 Listed on: 03/13/2021

Last Buyer's Agent

Tracy King

Your Home Guaranteed Realty, TN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,404

Year Built

  • Built in 2008

Lot Details

  • 0.43 Acre Lot
  • Wooded Lot

Property Views

  • Forest
  • Seasonal

Home Design

  • Log Cabin
  • Log Siding
  • Rough-In Plumbing

Interior Spaces

  • 2,500 Sq Ft Home
  • Wood Burning Fireplace
  • Stone Fireplace
  • Insulated Windows
  • ENERGY STAR Qualified Doors
  • Wood Flooring
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System

Community Details

  • Smith Barnes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 107M E 002.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,404

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Directions: From Gatlinburg at traffic light #3, take Hwy 321 to left onto Glades Road. Go 1.6 miles to a left onto Powdermill Road. Go 1/2 mile. The property will be on the right. Go to the end of the driveway. Additional parking along side of the cabin.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2008
  • Lot Size Acres: 0.43
  • Subdivision Name: Smith Barnes
  • Architectural Style: Cabin, Log
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Refrigerator, Microwave
  • Has Basement: Finished, Plumbed
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 1
  • Flooring: Hardwood
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Windows - Insulated, Porch - Covered, Deck, Doors - Energy Star
  • View: Wooded, Seasonal Mountain
  • Lot Features: Wooded
  • Construction Type: Log

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Other, Attached, Side/Rear Entry

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 18730.8
  • Parcel #: 107M E 002.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2021
Closed on
May 14, 2021
Sold by
Perez David and Perez Heather K
Bought by
Taylor Nicholas and Taylor Brooke
Seller's Agent
Ryan Coleman
Hometown Realty, LLC
Buyer's Agent
Tracy King
Your Home Guaranteed Realty, TN
Sold Price
$730,000
Current Estimated Value
$847,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,832
Avg. Annual Appreciation
3.24%
Original Mortgage
$584,000
Outstanding Balance
$532,612
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$303,234

Purchase Details

Listed on
Mar 25, 2016
Closed on
May 10, 2016
Sold by
Hetman Mike
Bought by
Perez Daivd and Perez Heather K
Seller's Agent
Louis Josey
LeConte Real Estate, LLC
Buyer's Agent
Anne Freeman
Coldwell Banker Wallace Alcoa
List Price
$289,900
Sold Price
$289,000
Premium/Discount to List
-$900
-0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.27%
Original Mortgage
$274,550
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2007
Sold by
Thomas Koechlin Roy
Bought by
Mike Hetman

Purchase Details

Closed on
Jan 16, 2007
Sold by
Estat Koechlin Christine H
Bought by
Koechlin Christine Hammond
Source: Public Records

Range of Values:

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Average Value
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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
Taylor Nicholas $730,000 Smoky Mountain Title
Perez Daivd $289,000 --
Mike Hetman $27,500 --
Koechlin Christine Hammond -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Nicholas $584,000
Previous Owner Perez David $230,166
Previous Owner Perez Daivd $274,550
Previous Owner Mike Hetman $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $730,000 +152.6% $292 / Sq Ft
08/08/2019 08/08/19 Off Market $289,000 -- --
05/10/2016 05/10/16 Sold $289,000 -0.3% $144 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $289,900 -- $145 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $2,404 $162,400 $12,000 $150,400
2024 $1,502 $101,500 $7,500 $94,000
2023 $1,502 $101,500 $0 $0
2022 $1,502 $101,500 $7,500 $94,000
2021 $1,502 $101,500 $7,500 $94,000
2020 $1,297 $101,500 $7,500 $94,000
2019 $1,297 $69,725 $7,500 $62,225
2018 $1,297 $69,725 $7,500 $62,225
2017 $1,297 $69,725 $7,500 $62,225
2016 $1,297 $69,725 $7,500 $62,225
2015 -- $72,450 $0 $0
2014 $1,181 $72,444 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1145810

East Tennessee REALTORS® MLS

APN: 107M-E-002.00