$250,000
SOLD FEB 21, 2020

1523 Gillespie Way Gatlinburg, TN 37738

1 Bed
1.5 Baths
1,384 Sq Ft
0.27 Acres

Recently Sold

$181 Per Sq Ft

Highlights

  • Chalet
  • Deck
  • Wooded Lot
  • Gatlinburg Pittman High School Rated A-
  • Forest View
  • 1 Fireplace

About This Home

As of August 2021

Location, location, location and GREAT RENTAL HISTORY! ''Bear Necessities'' is the ideal location for couples or small family/groups of friends.Strategically located just minutes from downtown Gatlinburg, and the entrance to the Great Smoky Mountains National Park, this chalet offers you all the privacy desired without being too far from the area's attractions. Enjoy the serene views of the Smoky Mountains with a private wooden deck overlooking Gatlinburg. You can then relax in an XL whirlpool tub upstairs, in the newly renovated Loft! This property comes with all furniture and furnishings as shown! Call today!

Last Agent to Sell the Property

Larry Reece

ERA in The Smokies Realty License #245637 Listed on: 02/05/2020

ERA in The Smokies Realty

Last Buyer's Agent

April Ganser

Realty 360 Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,665

Year Built

  • Built in 1993

Lot Details

  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $37 Monthly HOA Fees

Property Views

  • Forest
  • Seasonal

Home Design

  • Chalet

Interior Spaces

  • 1,384 Sq Ft Home
  • 1 Fireplace
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom

Outdoor Features

  • Deck

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System

Community Details

  • Association fees include some amenities
  • Tyrolea Sec 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 034.00
  • Tax Block B

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,665

Year Built

Built in 1993

Lot Details

0

HOA Fees

$37 per month

Listing Details

  • Directions: From stoplight 10 in Gatlinburg turn onto Ski Mountain Road Continue up ski Mountain Road for 2.7 miles. Take a left onto South Baden Drive. (At the white Chalet Village Sign) Then Continue on South Baden Dr. for 0.25 of a mile until you reach a four way intersection. Turn left at the intersection onto Arbon Lane. Continue for 0.1 of a mile on Arbon Lane down into a culdesac. Follow down the hill for 0.1 of a mile towards the green sign that says 1523 Gillespie Way. Make your way down the private drive and ''Bear Necessities'' will be the first cabin on the left with a shared driveway.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1993
  • Subdivision Name: Tyrolea Sec 1
  • Architectural Style: Chalet
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Refrigerator, Microwave
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Flooring: Laminate, Carpet, Tile

Exterior Features

  • Exterior Features: Deck
  • View: Wooded, Seasonal Mountain
  • Lot Features: Cul-De-Sac, Wooded

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 449.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Fee Information

  • Association Fee Includes: Some Amenities

Lot Info

  • Parcel #: 034.00

Tax Info

  • Tax Annual Amount: 67.0
  • Tax Block: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Aug 31, 2021
Sold by
Hughes Christina and Hughes David
Bought by
Ertter Matthew S and Ertter Peggy C
Seller's Agent
Carl Young
Young Marketing Group, Realty Executives
Buyer's Agent
Case Denton
Your Home Sold Guaranteed Real
Sold Price
$460,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$250,000
Outstanding Balance
$228,144
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$305,008

Purchase Details

Listed on
Jan 17, 2020
Closed on
Feb 21, 2020
Sold by
Throntvett Jacob Alan
Bought by
Hughes Christina and Hughes David
Seller's Agent
Cherise Guesford
ERA In The Smokies Realty & Re
Buyer's Agent
Carl Young
Keller Williams Realty - Knox Premier Prop
List Price
$269,000
Sold Price
$250,000
Premium/Discount to List
-$19,000
-7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.96%
Original Mortgage
$223,560
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2017
Closed on
Feb 8, 2018
Sold by
Rodgers Larry O and Rodgers Wanda R
Bought by
Throntveit Jacob
Seller's Agent
Karen Lay
Prime Mountain Properties
Buyer's Agent
Steve Jessie
Smoky Mountain Real Estate Cor
List Price
$164,900
Sold Price
$145,000
Premium/Discount to List
-$19,900
-12.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.61%
Original Mortgage
$116,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2009
Sold by
Sauer Leo E
Bought by
Rodgers Larry O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
4.79%

Purchase Details

Closed on
Mar 24, 1995
Sold by
Urquhart Elizabeth T
Bought by
Sauer Leo E

Purchase Details

Closed on
Dec 16, 1992
Bought by
Urquhart Elizabeth T

Purchase Details

Closed on
Jul 1, 1992
Bought by
Gillespie Robert P and Gillespie Eve S
Source: Public Records

Similar Homes in Gatlinburg, TN

  • 1260 Ski View Dr, Gatlinburg, TN 37738

    $274,900

    • 2 Beds
    • 2 Baths
    • 728 Sq Ft
    • 1260 Ski View Dr
    • Gatlinburg, TN

    HOME WARRANTY INCLUDED and is transferable! EXCELLENT VIEWS! This turnkey condo is like new! New flooring throughout, new hot water tank, the sellers have kept this condo immaculate! This beautiful end unit has two decks with incredible views from both! Everything is included with the purchase, all furnishings, fully stocked kitchen, linens, towels everything you will need to walk in and start

    Terri Negrone Prime Mountain Properties

    Section Image
  • 1260 Ski View Dr Unit 3105, Gatlinburg, TN 37738

    $237,405

    • 2 Beds
    • 2 Baths
    • 823 Sq Ft
    • 1260 Ski View Dr
    • Unit 3105
    • Gatlinburg, TN

    Perched high in the Smoky Mountains this condo offers endless potential. Perfect as a short-term rental, long-term investment, or full-time residence. Located on the first floor and right next to the outdoor pool, it offers easy access and a peaceful mountain setting. Though the unit is being sold as-is and it could truly shine with a few updates.

    Jacob Collins Realty Executives Smoky Mountains

    Section Image
  • 1260 Ski View Dr Unit 8201, Gatlinburg, TN 37738

    $299,000

    • 2 Beds
    • 2 Baths
    • 728 Sq Ft
    • 1260 Ski View Dr
    • Unit 8201
    • Gatlinburg, TN

    GEORGEOUS, BREATHTAKING panoramic views of Mt. LeConte and the SMOKIES. Enjoy Gatlinburg and all the Smoky Mountains have to offer in this amazing rental condo. It has been beautifully updated with new flooring and lighting and neutral paint. There are two bedrooms and two baths with plenty of privacy for guests. The windows allow a view of the gorgeous colors in the fall and snow on the

    Chris Hughes NextHome Clinch Valley

    Section Image
  • 685 River Rd Unit 307, Gatlinburg, TN 37738

    $274,999

    • 1 Bed
    • 1 Bath
    • 420 Sq Ft
    • 685 River Rd
    • Unit 307
    • Gatlinburg, TN

    MOTIVATED SELLER, Massive price drops!Downtown Gatlinburg Condo - Exceptional Income Producer! Attention Investors! This property grossed over $30,000 the past 12 months—and it's just getting started. Turnkey Investment Opportunity in the Heart of Gatlinburg Rated 4.9/5 stars by delighted guests, this downtown Gatlinburg condo isn't just a getaway—it's a

    Karen Mosher Zach Taylor Real Estate

    Section Image
  • 260 Roaring Fork Rd Unit 217, Gatlinburg, TN 37738

    $264,900

    • 2 Beds
    • 2 Baths
    • 1,064 Sq Ft
    • 260 Roaring Fork Rd
    • Unit 217
    • Gatlinburg, TN

    WHAT A DEAL! PRIME OPPORTUNITY TO OWN THIS 2BR/2BA CONDO IN GATLINBURG, TN- A Diamond in the Rough with Incredible Potential and projections of 50k+ once remodeled and on rental! Featuring a spacious layout, this condo offers plenty of bedroom space, a cozy fireplace in the living room, and a private balcony overlooking the outdoor pool-great spot to unwind after a day of exploring. With

    Charity Brown Tennessee Elite Realty

    Section Image
  • 1260 Ski View Dr Unit 4105, Gatlinburg, TN 37738

    $284,999

    • 2 Beds
    • 2 Baths
    • 774 Sq Ft
    • 1260 Ski View Dr
    • Unit 4105
    • Gatlinburg, TN

    *** OWNER / SELLER FINANCING! *** NEW INDOOR POOL, HOT TUBS, and CLUBHOUSE HAVE BEEN COMPLETED!Timeless cabin charm is the feeling you will have upon entering this Newly Updated, TURNKEY, READY TO RENT, 2 BR 2 BA Condo located in desirable Gatlinburg Summit Community. INVESTORS, Welcome to Gatlinburg Summit nestled in the Smoky Mountains of Gatlinburg! This professionally decorated

    Michele Harrill Prime Mountain Properties

    Section Image
  • 1260 Ski View Dr Unit 3206, Gatlinburg, TN 37738

    $269,999

    • 2 Beds
    • 2 Baths
    • 796 Sq Ft
    • 1260 Ski View Dr
    • Unit 3206
    • Gatlinburg, TN

    *** OWNER / SELLER FINANCING! *** NEW INDOOR POOL, HOT TUBS, and CLUBHOUSE HAVE BEEN COMPLETED! Newly Updated, TURNKEY, and READY TO RENT, 2 BR 2 BA Condo located in desirable Gatlinburg Summit Community nestled in the Smoky Mountains of Gatlinburg! INVESTORS - This professionally decorated dream mountain retreat offers everything you and your guests desire for the perfect getaway. The

    Michele Harrill Prime Mountain Properties

    Section Image
  • 1260 Ski View Dr Unit 3208, Gatlinburg, TN 37738

    $269,999

    • 2 Beds
    • 2 Baths
    • 786 Sq Ft
    • 1260 Ski View Dr
    • Unit 3208
    • Gatlinburg, TN

    *** OWNER / SELLER FINANCING! ***INDOOR POOL, HOT TUBS, and CLUBHOUSE HAVE BEEN COMPLETED! Newly Updated, TURNKEY, and READY TO RENT, 2 BR 2 BA Condo located in desirable Gatlinburg Summit Community nestled in the Smoky Mountains of Gatlinburg! INVESTORS - This professionally decorated dream mountain retreat offers everything you and your guests desire for the perfect getaway. The combination

    Michele Harrill Prime Mountain Properties

    Section Image
  • 1260 Ski View Dr Unit 4308, Gatlinburg, TN 37738

    $300,000

    • 2 Beds
    • 2 Baths
    • 906 Sq Ft
    • 1260 Ski View Dr
    • Unit 4308
    • Gatlinburg, TN

    Nestled in the mountains, this beautiful Top floor corner unit, located in the Gatlinburg Summit condo complex. This condo boasts breathtaking views and comes fully furnished. It features two cozy bedrooms on the main level, including the primary suite, along with two updated full bathrooms. The open concept living/dining/kitchen area is perfect for entertaining guests and features a warm

    Gary Gibson Prime Mountain Properties

    Section Image

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 Type Sale Price Title Company
Warranty Deed $460,000 Smoky Mountain Title
Warranty Deed $250,000 First Priority Title Co Inc
Warranty Deed $145,000 Smoky Mountain Title
Deed $110,000 --
Deed $125,000 --
Warranty Deed $122,500 --
Warranty Deed $23,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Previous Owner $223,192 New Conventional
Previous Owner $223,560 New Conventional
Previous Owner $116,000 New Conventional
Previous Owner $80,000 Commercial
Previous Owner $81,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 For Sale $475,000 +3.3% $343 / Sq Ft
08/31/2021 08/31/21 Sold $460,000 0.0% $332 / Sq Ft
08/31/2021 08/31/21 Sold $460,000 +2.2% $332 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $450,000 +80.0% $325 / Sq Ft
05/28/2020 05/28/20 Off Market $250,000 -- --
02/24/2020 02/24/20 Sold $250,000 0.0% $181 / Sq Ft
02/21/2020 02/21/20 Sold $250,000 +0.4% $181 / Sq Ft
01/21/2020 01/21/20 Price Changed $249,000 -7.4% $180 / Sq Ft
01/17/2020 01/17/20 For Sale $269,000 +85.5% $194 / Sq Ft
05/09/2019 05/09/19 Off Market $145,000 -- --
02/08/2018 02/08/18 Sold $145,000 -12.1% $105 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
09/20/2017 09/20/17 For Sale $164,900 -- $119 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $1,665 $112,520 $18,920 $93,600
2024 $1,665 $112,520 $18,920 $93,600
2023 $1,665 $112,520 $0 $0
2022 $1,129 $70,325 $11,825 $58,500
2021 $1,129 $70,325 $11,825 $58,500
2020 $845 $70,325 $11,825 $58,500
2019 $846 $41,875 $11,825 $30,050
2018 $846 $41,875 $11,825 $30,050
2017 $846 $41,875 $11,825 $30,050
2016 $846 $41,875 $11,825 $30,050
2015 -- $43,200 $0 $0
2014 $773 $43,204 $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: East Tennessee REALTORS® MLS

MLS Number: 1107014

East Tennessee REALTORS® MLS

APN: 136D-A-034.00