NOT LISTED FOR SALE

1022 Elm Rd Gatlinburg, TN 37738

Estimated Value: $1,027,745

2 Beds
2.5 Baths
1,805 Sq Ft
$569/Sq Ft Est. Value

Last Sold March 16, 2023

Last sale price $1,125,000 $623 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $5,698/month

4 Days on Market

Highlights

  • Chalet
  • Clubhouse
  • Cathedral Ceiling
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of March 2023

Brand new 2 bed 2.5 bath ski chalet in the heart of Chalet Village North, just minutes from downtown Gatlinburg with views of Ober! This property is ready to hit the short term rental market! Fully stocked with everything to be a successful rental! High end furnishings, handmade solid wood bunks,EV car charger, creative light fixtures and artwork. Bedding, sheets, towels etc can convey if one wishes to self-manage. Inquire on rental projections. Owner/Agent. Drone photos used, not indicative of the view. Video walk thru. https://www.aryeo.com/v2/232eada7-bb4c-4b63-842a-1cffc41eab3f/videos/151631

Last Agent to Sell the Property

Deborah Korlin

Century 21 MVP License #293982 Listed on: 02/06/2023

Century 21 MVP

Co-Listed By

Amber Korlin Brown

Century 21 MVP License #353907

Last Buyer's Agent

Natalie Walthour

eXp Realty, LLC 7720 License #361102

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $166

Year Built

  • Built in 2022

Lot Details

  • 0.37 Acre Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Chalet
  • Composition Roof
  • Cement Siding
  • Cedar Siding
  • Stucco

Interior Spaces

  • 1,805 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Game Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 125
  • Assessor Parcel Number 126H A 042.00

Community Details

Overview

  • Chalet Village Association
  • Chalet Village North Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$166

Year Built

Built in 2022

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Zoning: R-1
  • CoListOfficeEmail: deborahkorlin@gmail.com
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Management, Pool, Tennis Court(s)
  • Pets Allowed: Yes
  • Co List Office Mls Id: 12
  • Co List Office Mls Id: 12
  • Subdivision Name: Chalet Village North
  • Above Grade Finished Sq Ft: 1805.0
  • Architectural Style: Chalet
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • ResoWindowFeatures: Double Pane Windows, Window Treatments
  • Location Tax and Legal Parcel Number2: 126H A 042.00
  • Location Tax and Legal Tax Lot2: 125
  • Location Tax and Legal:Tax Annual Amount: 166.5
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Lot Size Acres: 0.37
  • General Property Information Above Grade Finished Area: 1805.0
  • General Property Information:Bathrooms Half: 1
  • General Property Information Bonus Room YN2: No
  • General Property Information:Furnished: Furnished
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Water Source:Public: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Dining Room: Yes
  • Room Types Dining Room Level: 1
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Primary Bedroom Level: 1
  • Levels:Two: Yes
  • Architectural Style Chalet: Yes
  • General Property Information Lot Size Dimensions: 115 X 146.48 IRR
  • Association Amenities Tennis Court(s)4: Yes
  • Pets Allowed:Yes: Yes
  • Room Types Game Room: Yes
  • Room Types Game Room Level: 2
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet
  • Street Number Modifier: 1022
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Total Bedrooms: 12
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Community Features:Clubhouse: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Range Hood: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Acres: 0.37
  • Home Warranty: No
  • Construction Type: Cement Siding, Stucco
  • Patio And Porch Features: Covered, Deck
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Cement Siding: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Paved
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 42.0
  • Association Fee Frequency: Monthly
  • Association Name: Chalet Village
  • Association: Yes

Association/Amenities

  • Association Amenities:Clubhouse2: Yes
  • Association Amenities:Management: Yes

Lot Info

  • Lot Dimensions: 115 X 146.48 IRR
  • Lot Size Sq Ft: 16117.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 126H A 042.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 166.5
  • Tax Lot: 125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Mar 16, 2023
Sold by
Brown Amber K and Brown Corey M
Bought by
Kuchar Gregory Scott and Kuchar Kerri M
Seller's Agent
Deborah Korlin
Century 21 MVP
Buyer's Agent
Natalie Walthour
eXp Realty, LLC 7720
List Price
$1,125,000
Sold Price
$1,125,000
Current Estimated Value
$1,027,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$97,255
Avg. Annual Appreciation
-3.47%
Original Mortgage
$900,000
Outstanding Balance
$871,694
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$156,051

Purchase Details

Closed on
Dec 30, 2022
Sold by
Frost David and Frost Lorie
Bought by
Brown Amber K and Brown Corey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,750
Interest Rate
6.42%

Purchase Details

Closed on
Feb 10, 2021
Sold by
Whisman Gerald and Whisman Tonya
Bought by
Frost David and Frost Lorie

Purchase Details

Listed on
Oct 4, 2014
Closed on
Jun 19, 2015
Sold by
Prater Keith
Bought by
Whisman Gerald and Whisman Tonya
Seller's Agent
Ann Richards
Keller Williams Realty
Buyer's Agent
Ann Richards
Exit Realty Momentum
Sold Price
$169,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.14%
Original Mortgage
$126,750
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2003
Sold by
Jeann Pearsall Black Donna
Bought by
Keith Prater

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6%

Purchase Details

Closed on
Sep 1, 1998
Sold by
Dennis Adusky
Bought by
Pearsall Donna J

Purchase Details

Closed on
Aug 4, 1998
Sold by
Dennis Adusky
Bought by
Pearsall Donna J

Purchase Details

Closed on
Jun 2, 1989
Bought by
Wilkins Donald M
Source: Public Records

Range of Values:

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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
Kuchar Gregory Scott $1,125,000 Maryville Title
Brown Amber K $675,000 Smoky Mountain Title
Frost David $45,000 Smoky Mountain Title
Frost David $45,000 Smoky Mountain Title
Whisman Gerald $169,000 --
Keith Prater $90,000 --
Pearsall Donna J -- --
Pearsall Donna J $96,300 --
Wilkins Donald M $31,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuchar Gregory Scott $900,000
Previous Owner Brown Amber K $573,750
Previous Owner Whisman Gerald $126,750
Previous Owner Wilkins Donald M $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2023 03/16/23 Sold $1,125,000 0.0% $623 / Sq Ft
02/11/2023 02/11/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $1,125,000 +565.7% $623 / Sq Ft
09/17/2020 09/17/20 Off Market $169,000 -- --
06/19/2015 06/19/15 Sold $169,000 0.0% $110 / Sq Ft View Prior Sale
06/19/2015 06/19/15 Sold $169,000 -4.7% $110 / Sq Ft View Prior Sale
05/21/2015 05/21/15 Pending -- -- --
09/19/2014 09/19/14 For Sale $177,300 -- $115 / Sq Ft
Source: Great Smoky Mountains Association of REALTORS®

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 $2,680 $181,080 $18,000 $163,080
2024 $2,680 $181,080 $18,000 $163,080
2023 $2,680 $181,080 $0 $0
2022 $167 $11,250 $11,250 $0
2021 $167 $11,250 $11,250 $0
2020 $163 $11,250 $11,250 $0
2019 $163 $8,750 $8,750 $0
2018 $163 $8,750 $8,750 $0
2017 $163 $8,750 $8,750 $0
2016 $751 $40,375 $8,750 $31,625
2015 -- $37,700 $0 $0
2014 $615 $37,703 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 255667

Great Smoky Mountains Association of REALTORS®

APN: 126H-A-042.00