NOT LISTED FOR SALE

1514 Garrett Ln Gatlinburg, TN 37738

Estimated Value: $1,194,616

4 Beds
5 Baths
3,264 Sq Ft
$366/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $859,000 $263 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,749/month

27 Days on Market

Highlights

  • Pool and Spa
  • 1.03 Acre Lot
  • Deck
  • Gatlinburg Pittman High School Rated A-
  • Mountain View
  • Private Lot

About This Home

As of June 2020

Rare opportunity with a million dollar view!! Sitting high above Gatlinburg on a beautiful mountain crest is Eden's View Lodge. The original property was purchased in 2018 for the amazing views with the intention of a complete renovation! This custom-built /renovation home was finished in May 2019 and offered as a rental in June 2019. With over 3/4 acre of privacy from established trees, mountain laurel and rhododendron, you will feel like you are the only one on this mountain. This Cabin offers 4 BR, 3 full BA, & 2 -+ BA. With 1140 square feet of covered decking, outdoor living at it's finest with a 180 degree view of the Smoky Mountains and a direct view of Mount LeConte. The Great Room with a 23-foot vaulted ceiling accommodates floor to ceiling windows displaying Mount LeConte in its full glory from morning to evening. View the mountains from the kitchen, loft, great room, & two bedrooms. At night, enjoy the lights of Gatlinburg in the distance. Many of the custom features include hardwood flooring, custom kitchen Alderwood cabinets, granite countertops, Kitchen Aid Double Convection Oven, tile showers, & stone fireplaces. Custom made bar tops & BR doors. This Cabin is very private with a massive driveway, beautiful landscaping & a private spa deck. Conveniently located in Chalet village and only minutes from the Gatlinburg bypass and downtown Gatlinburg. Come & see this once in a lifetime opportunity to own a Cabin with Panoramic views of the Great Smoky Mountains. This cabin is currently a vacation home for the owners and a vacation rental offered through VRBO and has quickly become a guests favorite. View on vrbo.com/1271679 and read through the more than 30 FIVE star reviews! Gross income from June 2019-Dec. 2019 is $75K!! Most furnishings remain, list of items on file.

Last Agent to Sell the Property

Michael Cole

Karen Whitlock Realty License #298242 Listed on: 04/10/2020

Co-Listed By

Susan E. Compton

Karen Whitlock Realty License #275669

Last Buyer's Agent

Karen Whitlock

Karen Whitlock Realty License #216893

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,901

Year Built

  • Built in 1990

Lot Details

  • 1.03 Acre Lot
  • Property fronts a county road
  • Private Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Log Cabin
  • Brick or Stone Mason
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Log Siding
  • Block And Beam Construction
  • Stone

Interior Spaces

  • 3,264 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Wood Flooring
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Double Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Attic Access Panel

Parking

  • Private Parking
  • Driveway

Outdoor Features

  • Pool and Spa
  • Deck
  • Patio
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank
  • Septic Permit Issued
  • High Speed Internet
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 12

Community Details

Overview

  • Chalet Village Owners Association
  • Leconte Properties Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,901

Year Built

Built in 1990

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Zoning: R-1
  • CoListOfficeEmail: kowhitlock@aol.com
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Level, Private, Wooded
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoOtherEquipment: Satellite Dish Leased
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Pool
  • Co List Office Mls Id: 176
  • Co List Office Phone: 865-774-4848
  • Co List Office Mls Id: 176
  • Subdivision Name: LeConte Properties
  • Above Grade Finished Sq Ft: 3264.0
  • Architectural Style: Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Three Or More
  • ResoWindowFeatures: Double Pane Windows, Window Treatments
  • Location Tax and Legal Tax Lot2: 12
  • Location Tax and Legal:Tax Annual Amount: 1901.3
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 1.03
  • General Property Information Above Grade Finished Area: 3264.0
  • General Property Information:Bathrooms Half: 2
  • 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 Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Log2: Yes
  • Association Amenities Pool2: Yes
  • Attic Features Access Only: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Road Frontage Type County Road: Yes
  • Sewer Septic Permit On File: Yes
  • General Property Information Lot Size Dimensions: 215/263/223/197
  • Levels Three Or More: Yes
  • Foundation Details Slab: Yes
  • Pool Features Hot Tub: Yes
  • Other Equipment Satellite Dish Leased: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Great Room, High Speed Internet, Walk-In Closet(s)
  • Street Number Modifier: 1514
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Basement:None3: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances:Double Oven: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Attic Features:Storage Only: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Metal
  • Acres: 1.03
  • View: Yes
  • Home Warranty: No
  • Construction Type: Block, Frame, Log Siding, Stone
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Patio: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Log 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: Driveway, Private
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Private3: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Tank, Septic Permit On File
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association Fee Frequency: Annually
  • Association Name: Chalet Village Owners
  • Association: No

Lot Info

  • Lot Dimensions: 215/263/223/197
  • Lot Size Sq Ft: 44866.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1901.3
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2020
Closed on
Jun 10, 2020
Sold by
Schrock Todd H and Schrock Jill C
Bought by
Gopaldas Raja R and Pererva Anastasia Y
Seller's Agent
Michael Cole
Karen Whitlock Realty
Buyer's Agent
Karen Whitlock
Karen Whitlock Realty
List Price
$999,000
Sold Price
$859,000
Premium/Discount to List
-$140,000
-14.01%
Current Estimated Value
$1,194,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,616
Avg. Annual Appreciation
7.60%
Original Mortgage
$644,250
Outstanding Balance
$517,260
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$745,377

Purchase Details

Listed on
Dec 13, 2017
Closed on
Feb 28, 2018
Sold by
Meiners Louis P
Bought by
Schrock Todd H and Schrock Jill C
Seller's Agent
Al Greeson
Century 21 Four Seasons WOD
Buyer's Agent
Michael Cole
All Pro REALTORS, Inc.
List Price
$364,500
Sold Price
$349,000
Premium/Discount to List
-$15,500
-4.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.44%
Original Mortgage
$279,200
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 1996
Sold by
Meiners Louis G
Bought by
Meiners Louis G
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
Gopaldas Raja R $859,000 Smoky Mountain Title
Schrock Todd H $349,000 Smoky Mountain Title
Meiners Louis G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gopaldas Raja R $644,250
Previous Owner Schrock Todd H $279,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2020 09/12/20 Off Market $859,000 -- --
06/12/2020 06/12/20 Sold $859,000 -7.6% $263 / Sq Ft
04/21/2020 04/21/20 Price Changed $929,900 -6.9% $285 / Sq Ft
04/10/2020 04/10/20 For Sale $999,000 +186.2% $306 / Sq Ft
05/31/2019 05/31/19 Off Market $349,000 -- --
03/02/2018 03/02/18 Sold $349,000 -4.3% $180 / Sq Ft
01/07/2018 01/07/18 Pending -- -- --
12/13/2017 12/13/17 For Sale $364,500 -- $188 / 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 $4,211 $284,520 $36,000 $248,520
2024 $4,211 $284,520 $36,000 $248,520
2023 $4,211 $284,520 $0 $0
2022 $2,632 $177,825 $22,500 $155,325
2021 $2,632 $177,825 $22,500 $155,325
2020 $1,901 $177,825 $22,500 $155,325
2019 $1,448 $102,225 $17,500 $84,725
2018 $1,061 $57,050 $17,500 $39,550
2017 $1,061 $57,050 $17,500 $39,550
2016 $1,061 $57,050 $17,500 $39,550
2015 -- $59,800 $0 $0
2014 $975 $59,811 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 227794

Great Smoky Mountains Association of REALTORS®

APN: 126I-A-007.00