NOT LISTED FOR SALE

1068 Village Loop Rd Gatlinburg, TN 37738

Estimated Value: $1,340,019

4 Beds
4.5 Baths
3,206 Sq Ft
$418/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $1,450,000 $452 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $7,543/month

150 Days on Market

Highlights

  • Pool and Spa
  • 1.93 Acre Lot
  • Mountain View
  • Gatlinburg Pittman High School Rated A-
  • Craftsman Architecture
  • Clubhouse

About This Home

As of October 2023

Amazing 4 bed/4.5 bath home in most desired Gatlinburg area. VIEWS VIEWS VIEWS! Hot Tub, Fire Pit, Game Room/ Theater, Pool Access "Green Cabin" is a NEW luxury 4 Master Suite/4 Bath home perfectly located in the most desired spot in .Gatlinburg, TN. Only minutes away from downtown Gatlinburg and the Parkway, you'll find that this spacious home, full of luxury, amenities and intentional design, is perfect for your Smoky Mountain vacation! Perfect for couples, families, gatherings and retreats. You will be welcomed by an open concept living area as you enter into the living room, dining area and kitchen. You'll find amazing views as soon as you open the door. The main level has 2 bedrooms each with an ensuite bathroom and a half bath off the living room. The main level has 2 decks with amazing views of the Smoky Mountains when you can grill and dine outdoors. The lower level of the home has 2 bedrooms each with their own ensuite bathroom along with an incredible game room! The best feature of the lower level is the massive deck with a fire pit, hot tub and multiple sitting areas. There is no way you can't relax or have fun! This place was designed with luxury and comfort in mind and we know you will love every space any time of the year! Located in Chalet Village - Minutes to Downtown Gatlinburg and Pigeon Forge. Wonderful rental investment property. Self managed, already has $75K on the books with a projection of $180K gross for 2023. Seller offers to continue managing the property with an 80/20 split. If interested, they would be happy to provide information and details about their management. Property tax is for the vacant lot prior to the home being built.

Last Agent to Sell the Property

Michael Cole

Karen Whitlock Realty License #298242 Listed on: 03/15/2023

Co-Listed By

Susan E. Compton

Karen Whitlock Realty License #275669

Last Buyer's Agent

David Chile

Weichert, REALTORS - Tiger Rea License #366045

Weichert, REALTORS - Tiger Rea

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $292

Year Built

  • Built in 2022

Lot Details

  • 1.93 Acre Lot
  • Property fronts a county road

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • Mountain
  • Seasonal

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Masonite
  • Stone

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank
  • Septic Permit Issued
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 564

Community Details

Overview

  • Chalet Village HOA
  • Chalet Village North Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$292

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: kowhitlock@aol.com
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s), Seasonal
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Pool, Tennis Court(s)
  • Co List Office Mls Id: 176
  • Co List Office Phone: 865-774-4848
  • Co List Office Mls Id: 176
  • Subdivision Name: Chalet Village North
  • Above Grade Finished Sq Ft: 1603.0
  • Architectural Style: Contemporary, Craftsman
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Two
  • ResoWindowFeatures: Double Pane Windows, Window Treatments
  • Location Tax and Legal Tax Lot2: 564
  • Location Tax and Legal:Tax Annual Amount: 291.56
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Lot Size Acres: 1.93
  • General Property Information Above Grade Finished Area: 1603.0
  • General Property Information Below Grade Finished Area: 1603.0
  • 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
  • General Property Information View YN2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • View Seasonal: Yes
  • Water Source:Public: Yes
  • Interior Features Formal Dining: Yes
  • Levels:Two: Yes
  • Road Frontage Type County Road: Yes
  • Sewer Septic Permit On File: Yes
  • Association Amenities Tennis Court(s)4: Yes
  • Pool Features Hot Tub: Yes
  • Architectural Style:Contemporary: Yes
  • Architectural Style Craftsman: Yes
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished, Full
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Formal Dining, Great Room, High Speed Internet, Solid Surface Counters
  • Street Number Modifier: 1068
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1603.0
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Full Basement: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Solid Surface Counters: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Acres: 1.93
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame, Masonite, Stone
  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Masonite: 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: Heat Pump
  • Sewer: Septic Tank, Septic Permit On File
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 42.0
  • Association Fee Frequency: Monthly
  • Association Name: Chalet Village HOA
  • Association: Yes

Association/Amenities

  • Association Amenities:Clubhouse2: Yes

Lot Info

  • Lot Size Sq Ft: 84070.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 291.56
  • Tax Lot: 564

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Oct 2, 2023
Sold by
Curran Amy and Curran Grant
Bought by
Patel Trust and Patel
Seller's Agent
Michael Cole
Karen Whitlock Realty
Buyer's Agent
David Chile
Weichert, REALTORS - Tiger Rea
List Price
$1,895,000
Sold Price
$1,450,000
Premium/Discount to List
-$445,000
-23.48%
Current Estimated Value
$1,340,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$109,981
Avg. Annual Appreciation
-3.87%
Original Mortgage
$1,160,000
Outstanding Balance
$1,137,447
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$202,572

Purchase Details

Closed on
Nov 8, 1996
Sold by
Bible Robert W
Bought by
Hudak and Sue
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Patel Trust $1,450,000 Smoky Mountain Title
Hudak $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Trust $1,160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2023 10/06/23 Sold $1,450,000 -23.5% $452 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $1,895,000 +61.3% $591 / Sq Ft
10/06/2022 10/06/22 Off Market $1,175,000 -- --
07/08/2022 07/08/22 Sold $1,175,000 +2.2% $420 / Sq Ft View Prior Sale
10/29/2021 10/29/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $1,150,000 -- $411 / 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 $4,761 $321,680 $31,520 $290,160
2024 $4,761 $321,680 $31,520 $290,160
2023 $4,761 $321,680 $0 $0
2022 $2,085 $19,700 $19,700 $0
2021 $292 $19,700 $19,700 $0
2020 $285 $19,700 $19,700 $0
2019 $285 $15,325 $15,325 $0
2018 $285 $15,325 $15,325 $0
2017 $285 $15,325 $15,325 $0
2016 $1,481 $79,600 $15,325 $64,275
2015 -- $95,775 $0 $0
2014 $1,561 $95,768 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 256259

Great Smoky Mountains Association of REALTORS®

APN: 126B-E-011.00