NOT LISTED FOR SALE

1612 Burning Log Way Gatlinburg, TN 37738

Estimated Value: $834,000 - $871,090

4 Beds
3 Baths
2,584 Sq Ft
$331/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $850,000 $329 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,637/month

14 Days on Market

Highlights

  • Pool and Spa
  • Wooded Lot
  • Log Cabin
  • Gatlinburg Pittman High School Rated A-
  • Bonus Room
  • Brick or Stone Mason

About This Home

As of July 2022

Rental Projections up to $122,014! Bearfoot Crossing grossed more than $115,000 in the Seller's first 12 months (4/4/2021-4/4/2022) of self managing for the first time. Reviews on VRBO/Airbnb average 4.9 out of 5 stars! Future reservations may convey. City water and sewer! Recent upgrades to include exterior cabin staining, Wildlife Xclusions, New tankless hot water heater, New furnace, New stainless steel appliances, New gas grill, Nest thermostat and Ring doorbell, Furnishing/decor updates, and more! The main level has no stairs to enter and is an open floor plan with soaring ceilings, a sleeper sofa, and a gas fireplace. The kitchen is fully-equipped and the wooden dining table seats eight. One of the two master suites is on this level and includes a king bed and large bathroom with jacuzzi tub and separate shower. The wrap-around porch on the main level boasts over 500 square feet of space, including a Weber gas grill, dining table, and rocking chairs. Upstairs you will find an adorable loft with a comfy twin size daybed. The upstairs bedroom has a queen bed and a full bathroom with an oversized jacuzzi and separate shower. The lower level is a the perfect place to unwind after a busy day. Play on the pool table, soak in the hot tub, or enjoy the peaceful view in the outdoor seating area. There is also a bedroom with a queen bed and a bunk room with two sets of bunk beds, a full bathroom and a washer and dryer. Mountain Shadows Resort is only minutes to Downtown Gatlinburg! The roads are well maintained and the community offers a pool, a playground, and a pavilion - all just a short walk from the cabin.

Last Agent to Sell the Property

Tracy King

Your Home Sold Guaranteed Real License #302880 Listed on: 05/19/2022

Your Home Sold Guaranteed Real

Last Buyer's Agent

Matt Castle

eXp Realty, LLC 7720 License #352631

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,148

Year Built

  • Built in 2004

Lot Details

  • 8,712 Sq Ft Lot
  • Property fronts a private road
  • Wooded Lot
  • Property is zoned C-2

HOA Fees

  • $70 Monthly HOA Fees

Home Design

  • Log Cabin
  • Tri-Level Property
  • Brick or Stone Mason
  • Frame Construction
  • Log Siding
  • Masonry

Interior Spaces

  • 2,584 Sq Ft Home
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Bonus Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Pool and Spa
  • Central Heating and Cooling System

Community Details

  • Mountain Shadows Resort HOA
  • Mtn Shadow Resort Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 117M E 002.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,148

Year Built

Built in 2004

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Zoning: C-2
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Wooded
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Other
  • Co List Office Mls Id: 612
  • Subdivision Name: Mtn Shadow Resort
  • Above Grade Finished Sq Ft: 2584.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Unit Levels: Tri-Level
  • Location Tax and Legal Parcel Number2: 117M E 002.00
  • Location Tax and Legal Tax Lot2: 1
  • Location Tax and Legal:Tax Annual Amount: 1147.92
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Above Grade Finished Area: 2584.0
  • General Property Information Bonus Room YN2: Yes
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Cooling:Central Air: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels Tri-Level: Yes
  • Road Frontage Type:Private Road: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer
  • Street Number Modifier: 1612
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Masonry
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Masonry: Yes

Exterior Features

  • Acres: 0.2
  • Home Warranty: No
  • Construction Type: Frame, Log, Masonry
  • Construction Materials:Log: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Masonry3: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • Parking Features:Other20: Yes

Utilities

  • Cooling: Central Air, Other
  • Heating: Central
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee: 70.0
  • Association Fee Frequency: Monthly
  • Association Name: Mountain Shadows Resort HOA
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 117M E 002.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1147.92
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2008
Sold by
Passanisi Dominic A
Bought by
Citibank Na
Current Estimated Value
$819,100
Source: Public Records

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 Buyer Sale Price Title Company
Citibank Na $267,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffith Jennifer $480,000
Closed Griffith Jennifer R $409,500
Closed Griffith Jennifer R $409,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2022 10/24/22 Off Market $850,000 -- --
07/25/2022 07/25/22 Sold $850,000 -2.9% $329 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/31/2022 05/31/22 Price Changed $875,000 -10.3% $339 / Sq Ft
05/19/2022 05/19/22 For Sale $975,000 -- $377 / 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
2024 $2,642 $178,480 $7,000 $171,480
2023 $2,642 $178,480 $0 $0
2022 $1,651 $111,550 $4,375 $107,175
2021 $1,791 $111,550 $4,375 $107,175
2020 $1,146 $111,550 $4,375 $107,175
2019 $1,148 $56,850 $4,375 $52,475
2018 $1,148 $56,850 $4,375 $52,475
2017 $1,148 $56,850 $4,375 $52,475
2016 $1,148 $56,850 $4,375 $52,475
2015 -- $60,250 $0 $0
2014 $1,190 $66,494 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 249570

Great Smoky Mountains Association of REALTORS®

APN: 117M-E-002.00-001