NOT LISTED FOR SALE

2040 Gatehouse Ln Powell, TN 37849

Estimated Value: $315,000 - $324,114

2 Beds
2 Baths
1,740 Sq Ft
$184/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $281,500 $162 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,909/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Cathedral Ceiling
  • Great Room
  • 1 Car Attached Garage

About This Home

As of July 2022

Must see WONDERFUL condo in the heart of Powell! Floor plan boasts large open living/dining/kitchen space w/grand vaulted ceilings & gas fireplace. 2 large bedrooms, 1 upstairs & 1 down. Both rooms offer their own bathroom & walk-in closet. Additional storage in walk-in attic. COVERED spacious & private patio. 1 car main level garage w/additional parking in driveway.

Updates where they count! NEW ROOF in 2020. NEW HVAC June 2022. A wonderful community. 2 min walk to neighborhood park or walking trail. Enjoy all that Powell has to offer just a skip away- like an adorable coffee shop or new food truck park. Truly pleasant HOA, managed by neighborhood. Dues include trash pick up, some lawn care, beautification projects, & limited outdoor facade maintenance.

Buyer to verify all informat

Last Agent to Sell the Property

Angie Tierney

Sequoyah Realty Keller Williams License #318580 Listed on: 07/02/2022

Last Buyer's Agent

Aaron Kunz

Realty Executives Smoky Mountains License #358744

Realty Executives Smoky Mountains

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $758

Year Built

  • Built in 2003

Lot Details

  • 2,982

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,740 Sq Ft Home
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room
  • Open Floorplan
  • Storage

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Powell Middle School
  • Powell High School

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 2,982 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 056JL006

Community Details

Overview

  • Association fees include association insurance, trash, grounds maintenance
  • Brickyard Hill Subdivision
  • Mandatory home owners association
  • On-Site Maintenance

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$758

Year Built

Built in 2003

Lot Details

0

HOA Fees

$60 per month

Parking

1

Listing Details

  • Directions: From I-75 N, take Emory Rd. Exit. Left on Emory Rd, R on Brickyard, Left on Gatehouse. Condo will be on the left.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2003
  • Lot Size Acres: 0.06
  • Lot Size: 32.01X93.56XIRR
  • Subdivision Name: Brickyard Hill
  • Architectural Style: Traditional
  • Property Attached Yn: Yes
  • General Property Description:Lot Size SqFt: 2982.0
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1160.0
  • General Property Description:SqFt - 2nd Flr Lvl: 580.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Floors:Laminate: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Siding:Brick2: Yes
  • Floors:Tile2: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Dining Area:Breakfast Bar: Yes
  • AtchdDtchd Type:Attached: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Microwave, Washer
  • Has Basement: Slab
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Flooring: Laminate, Carpet, Tile
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Basement:Slab: Yes
  • Other Rooms:Great Room: Yes

Exterior Features

  • Exterior Features: Windows - Insulated, Porch - Covered
  • View: Other
  • Construction Type: Vinyl Siding, Brick
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Insulated: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Garage Door Opener, Attached, Main Level, Off-Street Parking
  • GarageParking:Attached2: Yes
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:Main Level: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 60.18
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Community Amenities:Architect Restricted: Yes
  • Association Fee Incl:Trash: Yes
  • Community Amenities:Playground: Yes
  • Association Fee Incl:Association Ins: Yes
  • Community Amenities:Lawn Care: Yes
  • Association Fee Incl:Grounds Maintenance: Yes

Fee Information

  • Association Fee Includes: Association Ins, Trash, Grounds Maintenance

Schools

  • High School: Powell
  • Middle Or Junior School: Powell

Lot Info

  • Lot Size Sq Ft: 2982.0
  • Parcel #: 056JL006
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2022
Closed on
Aug 19, 2022
Sold by
Haley Redden
Bought by
Redden Haley and Glodjajic Mladen
Seller's Agent
Angie Tierney
Sequoyah Realty Keller Williams
Buyer's Agent
Aaron Kunz
Realty Executives Smoky Mountains
List Price
$279,000
Sold Price
$281,500
Premium/Discount to List
$2,500
0.9%
Current Estimated Value
$326,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,820
Avg. Annual Appreciation
5.14%
Original Mortgage
$273,055
Outstanding Balance
$263,273
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$64,520

Purchase Details

Listed on
Jul 2, 2022
Closed on
Jul 29, 2022
Sold by
Cain Timothy S
Bought by
Redden Haley
Seller's Agent
Angie Tierney
Sequoyah Realty Keller Williams
Buyer's Agent
Aaron Kunz
Realty Executives Smoky Mountains
List Price
$279,000
Sold Price
$281,500
Premium/Discount to List
$2,500
0.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,055
Outstanding Balance
$263,273
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$64,520

Purchase Details

Closed on
Dec 8, 2017
Sold by
Walker Kimberley Noelle and Cain Timothy S
Bought by
Cain Timothy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 30, 2014
Closed on
May 28, 2015
Sold by
Spence Michael and Spence Whitney Beth
Bought by
Cain Phyllis S
Seller's Agent
Derek Maples
Keller Williams Realty
Buyer's Agent
Brice Schweitzer
Realty Investors, LLC
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$50,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2006
Sold by
Davis Sandra D
Bought by
Spence Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,880
Interest Rate
6.25%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 27, 2006
Sold by
Jackson Tonya M
Bought by
Davis Sandra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 11, 2005
Sold by
Jackson Bradley R
Bought by
Jackson Tonya M

Purchase Details

Closed on
Jan 20, 2005
Sold by
Luttrell Development Llc
Bought by
Jackson Tonya M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,900
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Redden Haley -- --
Redden Haley $281,500 None Listed On Document
Cain Timothy S -- Radiant Title Llc
Cain Phyllis S $120,000 Foothills Title Services Inc
Spence Michael $123,600 None Available
Davis Sandra D $125,000 Abstract Title
Jackson Tonya M -- --
Jackson Tonya M $117,900 East Tn Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redden Haley $273,055
Previous Owner Cain Timothy S $85,000
Previous Owner Cain Phyllis S $50,000
Previous Owner Spence Michael $129,222
Previous Owner Spence Michael $98,880
Previous Owner Spence Michael $24,720
Previous Owner Davis Sandra D $17,000
Previous Owner Davis Sandra D $95,000
Previous Owner Jackson Tonya M $117,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $281,500 +0.9% $162 / Sq Ft
07/02/2022 07/02/22 For Sale $279,000 +132.5% $160 / Sq Ft
05/28/2015 05/28/15 Sold $120,000 -- $69 / 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 $758 $48,775 $0 $0
2023 $758 $48,775 $0 $0
2022 $758 $48,775 $0 $0
2021 $734 $34,600 $0 $0
2020 $734 $34,600 $0 $0
2019 $734 $34,600 $0 $0
2018 $734 $34,600 $0 $0
2017 $734 $34,600 $0 $0
2016 $710 $0 $0 $0
2015 $710 $0 $0 $0
2014 $710 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1197833

East Tennessee REALTORS® MLS

APN: 056JL-006