NOT LISTED FOR SALE

1761 Mountain Shadows Way Gatlinburg, TN 37738

Estimated Value: $850,000 - $869,000

3 Beds
3 Baths
2,125 Sq Ft
$405/Sq Ft Est. Value

Last Sold August 07, 2024

Last sale price $878,000 $413 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,944/month

4 Days on Market

Highlights

  • Spa
  • 8,900 Acre Lot
  • Deck
  • Gatlinburg Pittman High School Rated A-
  • Mountain View
  • Wooded Lot

About This Home

As of August 2024

SPECTACULAR VIEWS OF THE GREAT SMOKY MOUNTAINS! Proven successful STR with revenues of (2023), 109,585 (2022) gross. 2024 with completed and reserved bookings gross of 82,057 as of 7/1/2024. ALL FROM ONE PLATFORM! See the 121 5-star guest reviews. Owner does no marketing outside of Vrbo. Sought after 3 story cabin ensuring privacy among the guests with a king master/ensuite on each floor. This beautiful cabin has been completely remodeled with upgrades including: LVP flooring, upper end granite in kitchen and bathrooms, lighting fixtures, new sofas, 5 ROKU TV's, custom kitchen painted cabinetry, stainless steel appliances, kitchen bar seating 4, new outdoor furniture, Large capacity washer/dryer, custom shelving in owners closet, new AC/Heater, PEX plumbing. See attached document for full list of upgrades. Quality furnishings and decorations have been curated to make this short-term rental a success. All furnishings, linens, kitchenware, and most decorations convey saving new owner tens of thousands. 100% TURN-KEY RENTAL; hit the ground running with 46,352 in reserved bookings beginning July 6th, 2024. Location, Location, Location! In the quiet Mountain Shadows Resort, 5 minutes from downtown Gatlinburg without the traffic! 5 minutes from Rocky Top Sport Park. Superior location within the resort. Owner has dedicated account rep. with VRBO and will work with buyer to transfer reviews and reservations. Perfect cabin for STR, 2ND HOME, or permanent home. HOA is only 80/mo. This cabin is top-notch and one you don't want to miss! Buyer/buyer's agent to verify all info.

Last Agent to Sell the Property

Theresa Norman

Prime Mountain Properties License #334901 Listed on: 07/03/2024

Last Buyer's Agent

Jo Schultheiss

The Real Estate Firm License #363815

The Real Estate Firm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $180

Year Built

  • Built in 2003

Lot Details

  • 8,900 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 2,125 Sq Ft Home
  • Dry Bar
  • Cathedral Ceiling
  • 2 Fireplaces
  • Gas Log Fireplace
  • Drapes & Rods
  • Combination Dining and Living Room
  • Storage Room
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Recreation or Family Area in Basement
  • Crawl Space

Outdoor Features

  • Spa
  • Deck
  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 117M E 002.00

Community Details

Overview

  • Association fees include association insurance, all amenities, grounds maintenance
  • Mountain Shadows Subdivision
  • Mandatory home owners association
  • On-Site Maintenance

Amenities

  • Picnic Area

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$180

Year Built

Built in 2003

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Directions: From Gatlinburg to Hwy 321N to left Hidden Hills, left at Mountain Shadows Way, Follow up hill to 1761 on left.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2003
  • Lot Size Acres: 8900.0
  • Subdivision Name: Mountain Shadows
  • Architectural Style: Cabin, Log
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Mountain View: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 900.0
  • General Property Description:SqFt - Down Lvl: 900.0
  • General Property Description:SqFt - 2nd Flr Lvl: 325.0
  • General Property Description:_pound_ Fireplace: 2.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Fuel:Gas (Natural): Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Percent Basement Finished: Yes
  • Floors:Tile2: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Misc Features:Drapes: Yes
  • Heat:Forced Air: Yes
  • Dining Area:Breakfast Bar: Yes
  • Misc Features:Whirlpool Tub: Yes
  • Style:Log3: Yes
  • Misc Features:Hot Tub: Yes
  • Misc Features:Dry Bar: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Grill, Microwave, Range, Refrigerator, Self Cleaning Oven, Smoke Detector, Washer
  • Has Basement: Crawl Space, Finished
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Gas Log
  • Fireplaces: 2
  • Flooring: Carpet, Hardwood, Vinyl, Tile
  • Fireplace:Gas Log: Yes
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Other Rooms:Basement Rec Room: Yes
  • Appliances:Gas Grill: Yes
  • Fireplace:Gas5: Yes

Exterior Features

  • Exterior Features: Porch - Covered, Deck
  • View: Mountain View
  • Lot Features: Wooded, Rolling Slope
  • Construction Type: Log
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Construction:Log: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Designated Parking
  • GarageParking:Designated Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Playground, Pool
  • Association Fee: 80.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Community Amenities:Swimming Pool: Yes
  • Community Amenities:PicnicBarbeque Area: Yes
  • Association Fee Incl:All Amenities: Yes
  • Community Amenities:Playground: Yes
  • Association Fee Incl:Association Ins: Yes
  • Association Fee Incl:Grounds Maintenance: Yes
  • Association Fee Incl:Other20: Yes

Fee Information

  • Association Fee Includes: Association Ins, All Amenities, Grounds Maintenance

Lot Info

  • Lot Size Sq Ft: 387684000.0
  • Parcel #: 117M E 002.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 180.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Aug 5, 2024
Sold by
Vollmer Melissa and Opelle Robert J
Bought by
Sage Terry and Sage Sandra
Seller's Agent
Theresa Norman
Prime Mountain Properties
Buyer's Agent
Jo Schultheiss
The Real Estate Firm
List Price
$929,900
Sold Price
$878,000
Premium/Discount to List
-$51,900
-5.58%
Views
34
Current Estimated Value
$860,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,874
Avg. Annual Appreciation
-2.48%
Original Mortgage
$653,000
Outstanding Balance
$648,021
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$208,211

Purchase Details

Closed on
Jun 23, 2021
Sold by
Quirin James D and Quirin Mary Ann
Bought by
Vollmer Melissa and Opelle Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Sage Terry $878,000 Foothills Title Services Inc
Vollmer Melissa $635,000 Smoky Mountain Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sage Terry $653,000
Previous Owner Vollmer Melissa $508,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $878,000 -5.6% $413 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $929,900 -- $438 / 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
2024 $2,122 $143,400 $7,000 $136,400
2023 $2,122 $143,400 $0 $0
2022 $1,439 $89,625 $4,375 $85,250
2021 $1,439 $89,625 $4,375 $85,250
2020 $952 $89,625 $4,375 $85,250
2019 $953 $47,225 $4,375 $42,850
2018 $953 $47,225 $4,375 $42,850
2017 $953 $47,225 $4,375 $42,850
2016 $953 $47,225 $4,375 $42,850
2015 -- $49,100 $0 $0
2014 $1,035 $57,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1268439

East Tennessee REALTORS® MLS

APN: 117M-E-002.00-046