$145,000
SOLD FEB 8, 2018

1523 Gillespie Way Gatlinburg, TN 37738

1 Bed
1.5 Baths
1,384 Sq Ft
0.26 Acres

Recently Sold

$105 Per Sq Ft

12% Below List Price

83 Days on Market

Highlights

  • Mountain View
  • Chalet
  • Deck
  • Gatlinburg Pittman High School Rated A-
  • Clubhouse
  • Wooded Lot

About This Home

As of August 2021

Beautifully updated chalet 5 minutes from the Ski Lodge andj .3M from clubhouse and pool. Well maintained, two water heaters, almost new roof and painted within the last year. Loft has sleeper sofa, half bath and closet. Master BR is on the main level with walk-in closet and full bath. Living room has lots of windows and a fireplace. There is a wooded view with peaks of mountains and city lights showing through. Nice furniture throughout...has not been on a rental program but would make a great rental income producing property. Being sold fully furnished, including kitchenware and appliances.

Last Agent to Sell the Property

Karen Lay

Prime Mountain Properties License #311696 Listed on: 09/20/2017

Last Buyer's Agent

Steve Jessie

Smoky Mountain Real Estate Cor License #342286

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $846

Year Built

  • Built in 1993

Lot Details

  • 0.26 Acre Lot
  • Property fronts a private road
  • Wooded Lot

Home Design

  • Chalet
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,384 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Loft
  • Dirt Floor
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Dirt Floor
  • Crawl Space

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00B/Po23

Community Details

Overview

  • No Home Owners Association
  • Tyrolea Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$846

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1993
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Wooded
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Pool
  • Co List Office Mls Id: 325
  • Subdivision Name: Tyrolea
  • Above Grade Finished Sq Ft: 1384.0
  • Architectural Style: Chalet
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: One and One Half
  • ResoWindowFeatures: Double Pane Windows, Window Treatments
  • Location Tax and Legal Tax Lot2: 00B/Po23
  • Location Tax and Legal:Tax Annual Amount: 845.54
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Lot Size Acres: 0.26
  • General Property Information Above Grade Finished Area: 1384.0
  • General Property Information:Bathrooms Half: 1
  • 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 Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels:One and One Half: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Room Types Dining Room: Yes
  • Room Types Dining Room Level: 1
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Loft: Yes
  • Room Types Loft Level: 2
  • Room Types Primary Bedroom Level: 1
  • Architectural Style Chalet: Yes
  • Utilities:Cable Available: Yes
  • General Property Information Lot Size Dimensions: 56.17/148.18/108.64/irr
  • Road Frontage Type:Private Road: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Dirt Floor, Walk-Out Access, None
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Soaking Tub, Walk-In Closet(s)
  • Street Number Modifier: 1523
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log, Insert
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Fireplaces Total: 1
  • Basement:Dirt Floor: Yes
  • Fireplace Features:Insert: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Acres: 0.26
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Deck
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Window Treatments: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric, Heat Pump
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 25.0
  • Association: No

Association/Amenities

  • Association Amenities:Clubhouse2: Yes

Lot Info

  • Lot Dimensions: 56.17/148.18/108.64/irr
  • Lot Size Sq Ft: 11325.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 845.54
  • Tax Lot: 00B/Po23

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

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Range of Values:

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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: 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 $1,665 $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

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 212280

Great Smoky Mountains Association of REALTORS®

APN: 136D-A-034.00