1523 Gillespie Way Gatlinburg, TN 37738
1
Bed
1.5
Baths
1,384
Sq Ft
0.27
Acres
Highlights
- Chalet
- Deck
- 1 Fireplace
- Gatlinburg Pittman High School Rated A-
- Cathedral Ceiling
- Bonus Room
About This Home
As of August 2021Location, 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
ERA In The Smokies Realty & Re License #281867 Listed on: 01/17/2020
Last Buyer's Agent
Carl Young
Keller Williams Realty - Knox Premier Prop
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,050
Year Built
- Built in 1993
Lot Details
- 0.27 Acre Lot
- Property fronts a county road
HOA Fees
- $37 Monthly HOA Fees
Home Design
- Chalet
- Frame Construction
- Composition Roof
Interior Spaces
- 1,384 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- 1 Fireplace
- Window Treatments
- Bonus Room
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- Soaking Tub
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Rain Gutters
Utilities
- Cooling Available
- Central Heating
- Heat Pump System
- Septic Tank
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 24/000B/
Community Details
Overview
- Association fees include insurance
- Chalet Village Association
- Tyrolea Subdivision
Recreation
- Tennis Courts
- Community Pool
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
Similar Homes in Gatlinburg, TN
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
Average Home Value in this Area
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
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
-
Rick Cochran
R
Seller's Agent in 2025
Rick Cochran
Keller Williams Alcoa
(865) 977-0770
2 in this area
94 Total Sales
-
Carl Young
Seller's Agent in 2021
Carl Young
Young Marketing Group, Realty Executives
(865) 340-7209
40 in this area
1,080 Total Sales
-
April Ganser-belew
A
Seller Co-Listing Agent in 2021
April Ganser-belew
Young Marketing Group, Realty Executives
(615) 934-1908
15 in this area
161 Total Sales
-
Case Denton
C
Buyer's Agent in 2021
Case Denton
Your Home Sold Guaranteed Real
(865) 365-2280
7 in this area
49 Total Sales
-
T
Buyer Co-Listing Agent in 2021
Tracy King
Your Home Guaranteed Realty, TN
-
L
Seller's Agent in 2020
Larry Reece
ERA in The Smokies Realty
Map
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 226492
APN: 136D-A-034.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed. Copyright 2025 Great Smoky Mountains Association of REALTORS®. All rights reserved.
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