1120 Tanrac Trail Gatlinburg, TN 37738
Estimated payment $15,188/month
Total Views
5,805
10
Beds
13
Baths
8,700
Sq Ft
$304
Price per Sq Ft
Highlights
- Spa
- 3 Acre Lot
- Chalet
- Gatlinburg Pittman High School Rated A-
- Mountain View
- Deck
About This Home
$281K gross in 2024! This unique offering consists of THREE distinct properties spanning three acres, boasting a total of 10 bedrooms, 3 bonus rooms, and 13 bathrooms. Plus, being recently updated, this property is turn-key! Featuring million dollar views, game-room quarters, plenty of space to enjoy the outdoors, and luxury living, this trio of properties presents a lucrative investment opportunity. Whether you're looking to expand your portfolio, generate rental income, or create a private estate, the possibilities are endless. Don't miss your chance to own a piece of paradise. Schedule a viewing today and experience it for yourself!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,355
Year Built
- Built in 1976
Lot Details
- 3 Acre Lot
- Wooded Lot
Parking
- No Garage
Home Design
- Chalet
- Cottage
- Block Foundation
- Wood Siding
Interior Spaces
- 8,700 Sq Ft Home
- Living Quarters
- Cathedral Ceiling
- Ceiling Fan
- 12 Fireplaces
- Electric Fireplace
- Great Room
- Breakfast Room
- Formal Dining Room
- Open Floorplan
- Recreation Room
- Bonus Room
- Mountain Views
Kitchen
- Eat-In Kitchen
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Brick
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 10 Bedrooms
- Primary Bedroom on Main
- 13 Full Bathrooms
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Recreation or Family Area in Basement
Outdoor Features
- Spa
- Deck
- Covered patio or porch
- Gazebo
Utilities
- Zoned Heating and Cooling System
- Shared Well
- Well
- Septic Tank
Community Details
- No Home Owners Association
- Limberlost Subdivision
Listing and Financial Details
- Assessor Parcel Number 117B C 004.00
Map
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Home Values in the Area
Average Home Value in this Area
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 | $6,355 | $429,360 | $36,000 | $393,360 |
| 2024 | $6,355 | $429,360 | $36,000 | $393,360 |
| 2023 | $6,355 | $429,360 | $0 | $0 |
| 2022 | $3,972 | $268,350 | $22,500 | $245,850 |
| 2021 | $3,972 | $268,350 | $22,500 | $245,850 |
| 2020 | $2,724 | $268,350 | $22,500 | $245,850 |
| 2019 | $2,724 | $146,475 | $22,500 | $123,975 |
| 2018 | $2,724 | $146,475 | $22,500 | $123,975 |
| 2017 | $2,724 | $146,475 | $22,500 | $123,975 |
| 2016 | $2,724 | $146,475 | $22,500 | $123,975 |
| 2015 | -- | $154,300 | $0 | $0 |
| 2014 | $2,515 | $154,311 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2025 05/20/25 | Price Changed | $2,649,000 | -1.8% | $304 / Sq Ft |
| 05/02/2025 05/02/25 | Price Changed | $2,698,000 | 0.0% | $310 / Sq Ft |
| 04/25/2025 04/25/25 | Price Changed | $2,698,500 | 0.0% | $310 / Sq Ft |
| 04/23/2025 04/23/25 | Price Changed | $2,699,000 | 0.0% | $310 / Sq Ft |
| 04/12/2025 04/12/25 | Price Changed | $2,699,500 | 0.0% | $310 / Sq Ft |
| 04/04/2025 04/04/25 | For Sale | $2,700,000 | +54.3% | $310 / Sq Ft |
| 05/26/2022 05/26/22 | Off Market | $1,750,000 | -- | -- |
| 02/24/2022 02/24/22 | Sold | $1,750,000 | -12.5% | $206 / Sq Ft |
| 12/11/2021 12/11/21 | Pending | -- | -- | -- |
| 12/09/2021 12/09/21 | For Sale | $1,999,999 | 0.0% | $235 / Sq Ft |
| 11/30/2021 11/30/21 | Pending | -- | -- | -- |
| 11/20/2021 11/20/21 | Price Changed | $1,999,999 | -20.0% | $235 / Sq Ft |
| 10/23/2021 10/23/21 | Price Changed | $2,499,999 | -3.5% | $294 / Sq Ft |
| 09/16/2021 09/16/21 | For Sale | $2,590,000 | -- | $305 / Sq Ft |
Source: East Tennessee REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,750,000 | Tennessee Land Title | |
| Warranty Deed | $1,000,000 | Accurate Title Services Inc | |
| Deed | $305,000 | -- | |
| Warranty Deed | $1,200,000 | -- | |
| Warranty Deed | $800,000 | -- | |
| Warranty Deed | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $900,000 | Seller Take Back | |
| Previous Owner | $350,000 | No Value Available | |
| Previous Owner | $305,000 | No Value Available |
Source: Public Records
Similar Homes in Gatlinburg, TN
Source: East Tennessee REALTORS® MLS
MLS Number: 1296043
APN: 117B-C-004.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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