NOT LISTED FOR SALE

1127 Raintree Rd Gatlinburg, TN 37738

Estimated Value: $616,485

2 Beds
3 Baths
2,035 Sq Ft
$303/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $643,000 $316 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,350/month

94 Days on Market

Highlights

  • Deck
  • Private Lot
  • Cathedral Ceiling
  • Gatlinburg Pittman High School Rated A-
  • Wooded Lot
  • Solid Surface Countertops

About This Home

As of September 2024

Completely remodeled in 2023! TURN Key Investment property, located just 4 miles from Downtown Gatlinburg! 3 bedrooms, 3 full bathrooms and a game room spread out over 3 levels! Excellent guest reviews and rental history! Peaceful and private park-like setting! Many upgrades and improvements have been completed. New flooring, all new furniture, toilets, vanity tops, tvs, pillow top king mattresses and much more! A guest favorite by providing a clean, comfortable home in a convenient location. 2 miles from the Arts & Crafts District, less than 10 miles to Pigeon Forge and only 4 miles to Downtown Gatlinburg! In its first 9 months of renting this property grossed over 54k. Ask your agent for the list of improvements and to schedule your Private showing!

Last Agent to Sell the Property

Krista DeCarmine

TN Smoky Mtn Realty License #314542 Listed on: 05/07/2024

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM License #105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,470

Year Built

  • Built in 1996 | Remodeled

Lot Details

  • 0.39 Acre Lot
  • Property fronts a county road
  • Private Lot
  • Wooded Lot
  • Property is zoned R1

Parking

  • Paved Parking

Home Design

  • Log Cabin
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Log Siding
  • Block And Beam Construction

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed
  • Rain Gutters

Utilities

  • Cooling Available
  • Heat Pump System
  • Private Water Source
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Limberlost Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 117B C 022.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,470

Year Built

Built in 1996 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Zoning: R1
  • Current Use: Investment, Residential, Single Family
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Basement
  • ResoLotFeatures: Private, Wooded
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Limberlost
  • Above Grade Finished Sq Ft: 1225.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Luxury Vinyl, Tile
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Reso Other Structures: Shed(s), Storage
  • Reso Property Condition: Updated/Remodeled
  • Location Tax and Legal New Construction YN: No
  • Location Tax and Legal Parcel Number2: 117B C 022.00
  • Location Tax and Legal Tax Lot2: 16
  • Location Tax and Legal:Tax Annual Amount: 1469.94
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Lot Size Acres: 0.39
  • General Property Information Above Grade Finished Area: 1225.0
  • General Property Information Below Grade Finished Area: 810.0
  • General Property Information Bonus Room YN2: No
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Road Frontage Type County Road: Yes
  • Levels Three Or More: Yes
  • Water Source Private6: Yes
  • Water Source:Well: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures Storage4: Yes
  • General Property Information:Stories Total: 3
  • General Property Information Fireplace YN: Yes
  • Flooring Luxury Vinyl: Yes
  • Main Room Levels Main Level Bathrooms: 1
  • Main Room Levels Main Level Bedrooms: 1
  • Flooring Tile: Yes
  • Laundry Features In Basement: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Basement: Finished
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Solid Surface Counters
  • Street Number Modifier: 1127
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 810.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 3
  • Appliances Dishwasher: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Basement Finished: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Solid Surface Counters: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Metal
  • Acres: 0.39
  • Construction Type: Block, Frame, Log, Wood Siding
  • Patio And Porch Features: Covered, Deck
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Block: Yes
  • Lot Features:Private2: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

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

Utilities

  • Cooling: Electric, Heat Pump
  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private, Well
  • HeatingCooling:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 16988.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 117B C 022.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1469.94
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Sep 5, 2024
Sold by
Mouser Spencer
Bought by
Pmm Landholdings Llc
Seller's Agent
Krista DeCarmine
TN Smoky Mtn Realty
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$749,000
Sold Price
$643,000
Premium/Discount to List
-$106,000
-14.15%
Views
35
Current Estimated Value
$616,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,515
Avg. Annual Appreciation
-3.63%
Original Mortgage
$514,400
Outstanding Balance
$508,949
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
$107,536

Purchase Details

Closed on
May 3, 2024
Sold by
Mouser Elizabeth and Bolton Elizabeth
Bought by
Mouser Spencer

Purchase Details

Listed on
Oct 21, 2022
Closed on
Feb 16, 2023
Sold by
Vanlanen Sandra L
Bought by
Mouser Spencer and Mouser Elizabeth
Seller's Agent
Jason White
Century 21 Legacy GP
Buyer's Agent
Krista DeCarmine
TN Smoky Mtn Realty
List Price
$637,000
Sold Price
$540,000
Premium/Discount to List
-$97,000
-15.23%
Views
179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$542,872
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 21, 2015
Closed on
Apr 21, 2016
Sold by
Salzer Lorraine T Trustee
Bought by
Vanlanen Sandra L
Seller's Agent
Jason White
Century 21 Four Seasons Realty
Buyer's Agent
Non Member Non Member
Non-Member Office
Sold Price
$167,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.75%
Original Mortgage
$133,600
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2014
Sold by
Salzer Lorraine T Suc
Bought by
Salzer Lorraine T and Salzer Lorraine T Living Trust

Purchase Details

Closed on
Jun 24, 2010
Sold by
Thompson Dorothy H
Bought by
Thompson Dorothy H

Purchase Details

Closed on
Dec 21, 2001
Sold by
Thompson Dorothy H
Bought by
Salzer Lorraine T

Purchase Details

Closed on
Nov 10, 1998
Sold by
Moersdorf Llc
Bought by
Thompson Dorothy H

Purchase Details

Closed on
Dec 4, 1997
Sold by
Komor Properties
Bought by
Moersdorf Llc

Purchase Details

Closed on
Nov 27, 1995
Sold by
Taylor Richard R and Taylor Lola D
Bought by
Komor Properties

Purchase Details

Closed on
Aug 18, 1995
Bought by
Komor Properties

Purchase Details

Closed on
Jan 13, 1992
Bought by
Richard R Taylor R and Richard Lola D
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
Pmm Landholdings Llc $643,000 Smoky Mountain Title
Mouser Spencer -- Tennessee Land Title
Mouser Spencer $540,000 Magnolia Title
Mouser Spencer $540,000 Magnolia Title
Vanlanen Sandra L $167,000 --
Salzer Lorraine T -- --
Thompson Katherine D -- --
Thompson Dorothy H -- --
Salzer Lorraine T -- --
Thompson Dorothy H $155,000 --
Moersdorf Llc -- --
Komor Properties $2,000 --
Komor Properties $2,000 --
Richard R Taylor R $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pmm Landholdings Llc $514,400
Previous Owner Mouser Spencer $542,872
Previous Owner Vanlanen Sandra L $133,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2024 09/06/24 Sold $643,000 -0.9% $316 / Sq Ft
08/10/2024 08/10/24 Pending -- -- --
06/25/2024 06/25/24 Price Changed $649,000 -4.4% $319 / Sq Ft
06/12/2024 06/12/24 Price Changed $679,000 -3.0% $334 / Sq Ft
05/23/2024 05/23/24 Price Changed $699,900 -6.6% $344 / Sq Ft
05/07/2024 05/07/24 For Sale $749,000 +38.7% $368 / Sq Ft
05/22/2023 05/22/23 Off Market $540,000 -- --
02/17/2023 02/17/23 Sold $540,000 -6.3% $265 / Sq Ft View Prior Sale
01/03/2023 01/03/23 Pending -- -- --
12/23/2022 12/23/22 Price Changed $576,000 -3.8% $283 / Sq Ft
11/21/2022 11/21/22 Price Changed $599,000 -6.0% $294 / Sq Ft
10/21/2022 10/21/22 For Sale $637,000 +281.4% $313 / Sq Ft
01/27/2021 01/27/21 Off Market $167,000 -- --
04/22/2016 04/22/16 Sold $167,000 0.0% $84 / Sq Ft View Prior Sale
04/22/2016 04/22/16 Sold $167,000 -1.7% $84 / Sq Ft View Prior Sale
03/19/2016 03/19/16 Pending -- -- --
12/01/2015 12/01/15 For Sale $169,950 -- $85 / 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 $1,470 $99,320 $9,600 $89,720
2024 $919 $99,320 $9,600 $89,720
2023 $919 $99,320 $0 $0
2022 $919 $62,075 $6,000 $56,075
2021 $919 $62,075 $6,000 $56,075
2020 $782 $62,075 $6,000 $56,075
2019 $782 $42,025 $6,000 $36,025
2018 $782 $42,025 $6,000 $36,025
2017 $782 $42,025 $6,000 $36,025
2016 $782 $42,025 $6,000 $36,025
2015 -- $42,675 $0 $0
2014 $695 $42,666 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 300861

Great Smoky Mountains Association of REALTORS®

APN: 117B-C-022.00