Seller's Agent in 2024
Gracie Mayfield
Local Realty Group
(865) 318-4387
13 in this area
80 Total Sales
1182 Tanrac Trail Gatlinburg, TN 37738
Estimated Value: $536,302
2
Beds
2
Baths
1,022
Sq Ft
$525/Sq Ft
Est. Value
Highlights
- Chalet
- Deck
- 1 Fireplace
- Gatlinburg Pittman High School Rated A-
- Cathedral Ceiling
- Bonus Room
About This Home
As of October 2024This 2 bedroom / 2 bathroom true cabin with mountain views is conveniently located less than 15 minutes from Downtown Gatlinburg and 20 minutes from The National Park. Situated alongside Gatlinburg's famous Arts and Crafts Community and only within a short drive to Pigeon Forge. Being sold fully-furnished, as you walk in you will be greeted by an open concept floor plan. Tha main level includes the living area, kitchen, full bathroom, laundry closet, master bedroom, and spacious outside deck for lounging or entertainment. Continuing upstairs, you will find yourself in the loft area that overlooks the main level. This space is perfect for an office space, sitting area, or game room! Down the hall will be the second bedroom and bathroom. A few additional highlights of this property is no steep parking and a well-paved access. This property has had some renovations but the potential for this cabin is endless! Drone photography used.
Last Agent to Sell the Property
Local Realty Group License #369147 Listed on: 06/21/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,358
Year Built
- Built in 2002
Lot Details
- 0.52 Acre Lot
- Property is zoned R1
Home Design
- Chalet
- Log Cabin
- Composition Roof
Interior Spaces
- 1,022 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Ceiling Fan
- 1 Fireplace
- Bonus Room
Kitchen
- Eat-In Kitchen
- Solid Surface Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deck
Utilities
- Well
- Septic Tank
Community Details
- No Home Owners Association
- Limberlost Subdivision
Listing and Financial Details
- Tax Lot 24
- Assessor Parcel Number 117B B 003.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2022
Closed on
Nov 15, 2022
Sold by
Smith Lorraine
Bought by
Johnson Glen
Seller's Agent
Owen Poveda
ReMax Preferred Properties, Inc
Buyer's Agent
Rachel Beasley
Local Realty Group
List Price
$535,000
Sold Price
$510,000
Premium/Discount to List
-$25,000
-4.67%
Views
46
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,302
Avg. Annual Appreciation
1.72%
Original Mortgage
$408,000
Outstanding Balance
$395,325
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$140,977
Purchase Details
Listed on
Jun 23, 2017
Closed on
Sep 18, 2017
Sold by
Nesmith Gerald
Bought by
Smith Lorraine
Seller's Agent
Darlene Derosia
Smoky Mountain Real Estate Cor
Buyer's Agent
NANCY ADAMS
RECIPROCAL OFFICE
List Price
$215,000
Sold Price
$187,500
Premium/Discount to List
-$27,500
-12.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.40%
Purchase Details
Closed on
Dec 15, 1995
Sold by
Smith Terry W and Smith Ruth E
Bought by
Nesmith Gerald E
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johnson Glen | $510,000 | Tennessee Land Title | |
| Smith Lorraine | $187,500 | Magnolia Title | |
| Nesmith Gerald E | $17,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Johnson Glen | $408,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/21/2024 10/21/24 | Sold | $589,500 | -2.6% | $577 / Sq Ft | |
| 09/29/2024 09/29/24 | Pending | -- | -- | -- | |
| 09/16/2024 09/16/24 | Price Changed | $605,000 | -0.8% | $592 / Sq Ft | |
| 08/29/2024 08/29/24 | Price Changed | $610,000 | -1.6% | $597 / Sq Ft | |
| 07/16/2024 07/16/24 | Price Changed | $620,000 | -0.8% | $607 / Sq Ft | |
| 06/21/2024 06/21/24 | For Sale | $625,000 | +22.5% | $612 / Sq Ft | |
| 11/15/2022 11/15/22 | Sold | $510,000 | -4.7% | $499 / Sq Ft | View Prior Sale |
| 10/14/2022 10/14/22 | Pending | -- | -- | -- | |
| 08/09/2022 08/09/22 | For Sale | $535,000 | +185.3% | $523 / Sq Ft | |
| 12/17/2018 12/17/18 | Off Market | $187,500 | -- | -- | |
| 09/18/2017 09/18/17 | Sold | $187,500 | -12.8% | $183 / Sq Ft | View Prior Sale |
| 08/05/2017 08/05/17 | Pending | -- | -- | -- | |
| 06/23/2017 06/23/17 | For Sale | $215,000 | -- | $210 / Sq Ft |
Source: Great Smoky Mountains Association of REALTORS®
Tax History Compared to Growth
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 | $1,358 | $91,760 | $12,000 | $79,760 |
| 2024 | $1,358 | $91,760 | $12,000 | $79,760 |
| 2023 | $1,358 | $91,760 | $0 | $0 |
| 2022 | $849 | $57,350 | $7,500 | $49,850 |
| 2021 | $849 | $57,350 | $7,500 | $49,850 |
| 2020 | $652 | $57,350 | $7,500 | $49,850 |
| 2019 | $652 | $35,050 | $7,500 | $27,550 |
| 2018 | $652 | $35,050 | $7,500 | $27,550 |
| 2017 | $652 | $35,050 | $7,500 | $27,550 |
| 2016 | $652 | $35,050 | $7,500 | $27,550 |
| 2015 | -- | $36,800 | $0 | $0 |
| 2014 | $600 | $36,797 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Gracie Mayfield
-
Spencer Trentham
Buyer's Agent in 2024
Spencer Trentham
eXp Realty, LLC 7720
(865) 661-8712
31 in this area
176 Total Sales
-
Owen Poveda
Seller's Agent in 2022
Owen Poveda
RE/MAX
(865) 406-0226
2 in this area
86 Total Sales
-
Rachel Beasley
Buyer's Agent in 2022
Rachel Beasley
Local Realty Group
(865) 805-6114
15 in this area
158 Total Sales
-
D
Seller's Agent in 2017
Darlene Derosia
Smoky Mountain Real Estate Cor
-
N
Buyer's Agent in 2017
NANCY ADAMS
RECIPROCAL OFFICE
Map
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 301684
APN: 117B-B-003.00
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