NOT LISTED FOR SALE

1050 Village Loop Rd Gatlinburg, TN 37738

Estimated Value: $1,008,615

3 Beds
3 Baths
2,550 Sq Ft
$396/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $699,999 $275 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,665/month

23 Days on Market

Highlights

  • 1.2 Acre Lot
  • Contemporary Architecture
  • No HOA
  • Gatlinburg Pittman High School Rated A-
  • Bonus Room
  • Gas Log Fireplace

About This Home

As of January 2021

Chalet Village View!! This beautiful residence was constructed a mere 3 months ago. Featuring a spacious kitchen and adjoining breakfast and living room. Additional living/entertaining in the basement and deck areas. Master on main level with HUGE walk-in closets. Don't let the cloud coverage fool you, this house has some amazing views of the mountains! Conservative projections show 90-100k gross annually. Buyer to verify utilities including septic permit if applicable noting bedroom approval, square footage and HOA if applicable within the buyer due diligence period please.

Last Agent to Sell the Property

Jacob Collins

Keller Williams Smoky Mountain Listed on: 11/19/2020

Last Buyer's Agent

Jeana Maddux

eXp Realty, LLC 7720 License #348719

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,599

Year Built

  • Built in 2019

Lot Details

  • 1.2 Acre Lot

Home Design

  • Contemporary Architecture
  • Cabin

Interior Spaces

  • Gas Log Fireplace
  • Bonus Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Septic Tank
  • Septic Permit Issued

Community Details

  • No Home Owners Association
  • Chalet Village North Subdivision

Listing and Financial Details

  • Tax Lot /567

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,599

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Co List Office Mls Id: 772
  • Subdivision Name: Chalet Village North
  • Above Grade Finished Sq Ft: 1275.0
  • Architectural Style: Cabin, Contemporary
  • Fireplace: Yes
  • Garage Yn: No
  • Location Tax and Legal Tax Lot2: /567
  • Location Tax and Legal:Tax Annual Amount: 1599.0
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 1.2
  • General Property Information Above Grade Finished Area: 1275.0
  • General Property Information Below Grade Finished Area: 1275.0
  • General Property Information Bonus Room YN2: Yes
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Architectural Style Cabin2: Yes
  • Water Source:Public: Yes
  • Sewer Septic Permit On File: Yes
  • Architectural Style:Contemporary: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Street Number Modifier: 1050
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1275.0
  • Fireplace Features: Gas Log
  • Fireplace Features:Gas Log: Yes

Exterior Features

  • Acres: 1.2
  • Home Warranty: No

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Septic Tank, Septic Permit On File
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 52272.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1599.0
  • Tax Lot: /567

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2022
Sold by
Ekachai Lucktong
Bought by
Series C 1050 Village Loop Road and Goldpost Properties Llc
Current Estimated Value
$1,008,615

Purchase Details

Listed on
Nov 19, 2020
Closed on
Jan 21, 2021
Sold by
Lafferty Martin V and Lafferty Gwendolyn M
Bought by
Lucktong Ekachai and Sturgess Susan
Seller's Agent
Jacob Collins
Keller Williams Smoky Mountain
Buyer's Agent
Jeana Maddux
eXp Realty, LLC 7720
List Price
$725,000
Sold Price
$699,999
Premium/Discount to List
-$25,001
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$548,250
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 1991
Bought by
Lafferty Martin V & Gwen %Prud Home Mtg Co
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
Series C 1050 Village Loop Road -- --
Lucktong Ekachai $699,999 Professional Title
Lucktong Ekachai $699,999 Professional Land Title
Lafferty Martin V & Gwen %Prud Home Mtg Co $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lucktong Ekachai $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2021 04/25/21 Off Market $699,999 -- --
03/23/2021 03/23/21 Off Market $699,999 -- --
01/25/2021 01/25/21 Sold $699,999 -3.4% $275 / Sq Ft
11/19/2020 11/19/20 For Sale $725,000 -- $284 / 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 $3,810 $257,400 $27,000 $230,400
2024 $3,810 $257,400 $27,000 $230,400
2023 $3,810 $257,400 $0 $0
2022 $2,381 $160,875 $16,875 $144,000
2021 $2,381 $160,875 $16,875 $144,000
2020 $1,600 $160,875 $16,875 $144,000
2019 $808 $86,000 $13,125 $72,875
2018 $244 $86,000 $13,125 $72,875
2017 $244 $13,125 $13,125 $0
2016 $885 $47,575 $13,125 $34,450
2015 -- $57,050 $0 $0
2014 $930 $57,056 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 231181

Great Smoky Mountains Association of REALTORS®

APN: 126B-E-014.00