NOT LISTED FOR SALE

2049 Settlers Ridge Way Gatlinburg, TN 37738

Estimated Value: $916,682

3 Beds
3 Baths
2,256 Sq Ft
$406/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $975,000 $432 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,177/month

1 Day on Market

Highlights

  • Pool and Spa
  • Mountain View
  • Wooded Lot
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Cathedral Ceiling

About This Home

As of May 2024

Escape to your own slice of mountain paradise to this stunning mountain log cabin nestled in Gatlinburg, conveniently close to popular attractions. Boasting breathtaking views and surrounded by nature's beauty, this cabin offers the perfect retreat from the hustle and bustle of everyday life. Relax in the cozy living room, where a 65” Roku Smart TV and Bluetooth surround system offer entertainment options. Step outside to the expansive decks for outdoor living at its finest, with seating areas, a hot tub, and a porch swing for enjoying the serene surroundings. The decks are the ideal spot for enjoying your morning coffee or stargazing under the night sky. The main floor showcases a spacious great room and kitchen, complete with rustic yet refined furnishings and a double-height vaulted ceiling. The well-equipped kitchen boasts stainless steel appliances and ample seating for dining. The cabin features three king-size bedrooms, each with ensuite bathrooms equipped with a bathtub/shower combo and 55” Smart TVs for your entertainment. For maximum privacy, the Primary Suite occupies the entire third level and boasts a jetted tub right in the bedroom with breath-taking views! The second bedroom on the main floor is perfect for families, with a king bed and a double bed futon, ideal for two children. Its dual-entry bathroom ensures convenience and privacy. On the lower level, the third bedroom across from the game room offers flexibility and comfort, with dual-entry bathroom access and serene woodland views. The game room is a haven for entertainment, with bunk beds, a brand-new queen futon, a full-size pool table, a multi-game arcade, and more. Gather for family fun or cozy up by the gas fireplace on chilly evenings. Indulge in the ultimate relaxation with a soak in the hot tub or jetted tubs, all while soaking in the scenic mountain views from the two spacious decks, offering glimpses of Clingmans Dome. Warm up by the cozy gas fireplaces, or challenge friends and family to a game in the inviting game room. This cabin is EV-ready, featuring an OK2Charge Level 2 Smart EV Charger*, ensuring convenience for electric vehicle owners. Grill out on the charcoal grill and perhaps catch a glimpse of wildlife while cooking. After a day of adventure, retreat to this tranquil haven where relaxation and luxury await. Conveniently located near hiking trails, fishing streams, and all the attractions of Gatlinburg and Pigeon Forge, this cabin offers endless opportunities for outdoor recreation and entertainment. Please note that the community pool is currently closed due to renovations. Don't miss your chance to own your own piece of mountain paradise. Schedule your showing today and start living the mountain lifestyle you've always dreamed of. OUTSTANDING RENTAL HISTORY - 2023 Grossed - $126,929.19 and in 2022, the cabin started rentals on 09/28/22 and grossed $43,954.72

Last Agent to Sell the Property

Michele Harrill

Prime Mountain Properties License #341670 Listed on: 03/20/2024

Prime Mountain Properties

Last Buyer's Agent

Michaellien Ginter

Epique Realty License #331250

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,436

Year Built

  • Built in 2007

Lot Details

  • 0.46 Acre Lot
  • Property fronts a county road
  • Wooded Lot

HOA Fees

  • $95 Monthly HOA Fees

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Window Treatments
  • Bonus Room
  • Wood Flooring
  • Mountain Views
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Shared Well
  • Shared Septic
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 30

Community Details

Overview

  • Association fees include roads
  • Settler's Ridge Association
  • Settlers Ridge Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,436

Year Built

Built in 2007

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Wooded
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Security System
  • Reso Association Amenities: Pool
  • Reso Association Fee Includes: Roads
  • Co List Office Mls Id: 325
  • Subdivision Name: Settlers Ridge
  • Above Grade Finished Sq Ft: 1344.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • ResoWindowFeatures: Window Treatments
  • Location Tax and Legal Tax Lot2: 30
  • Location Tax and Legal:Tax Annual Amount: 2436.08
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Lot Size Acres: 0.46
  • General Property Information Above Grade Finished Area: 1344.0
  • General Property Information Below Grade Finished Area: 912.0
  • General Property Information Bonus Room YN2: Yes
  • 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
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Land Features View Mountains: Yes
  • Sewer Shared Septic: Yes
  • Road Frontage Type County Road: Yes
  • Security Features:Security System: Yes
  • Pool Features Hot Tub: Yes
  • Water Source Shared Well: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished, Full, Walk-Out Access
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet, Soaking Tub, Solid Surface Counters
  • Street Number Modifier: 2049
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 912.0
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Interior Features:Solid Surface Counters: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Metal
  • Acres: 0.46
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log
  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Window Features:Window Treatments: Yes
  • Lot Features:Wooded: 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
  • Sewer: Shared Septic, Other
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Shared Well
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association Fee: 95.0
  • Association Fee Frequency: Monthly
  • Association Name: Settler's Ridge
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 20037.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2436.08
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Apr 30, 2024
Sold by
Garcia Eddie and Rivero Ariana Aguilera
Bought by
Jach Holdings Llc
Seller's Agent
Michele Harrill
Prime Mountain Properties
Buyer's Agent
Michaellien Ginter
Epique Realty
List Price
$968,000
Sold Price
$975,000
Premium/Discount to List
$7,000
0.72%
Views
43
Current Estimated Value
$916,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$58,318
Avg. Annual Appreciation
-4.25%
Original Mortgage
$768,000
Outstanding Balance
$757,967
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$158,715

Purchase Details

Listed on
Jul 18, 2022
Closed on
Sep 7, 2022
Sold by
Varnado and Janet
Bought by
Garcia Eddie and Aguilera Ariana
Seller's Agent
Irena McCoy
Century 21 MVP
Buyer's Agent
Michele Harrill
Prime Mountain Properties
List Price
$889,000
Sold Price
$889,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$711,200
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2009
Sold by
Federal National Mortgage Association
Bought by
Varnado Kenneth

Purchase Details

Closed on
Feb 4, 2009
Sold by
Santos Martha E
Bought by
Federal National Mtg Associati
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
Jach Holdings Llc $975,000 Smoky Mountain Title
Garcia Eddie $889,000 --
Varnado Kenneth $252,500 --
Federal National Mtg Associati $402,434 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jach Holdings Llc $768,000
Previous Owner Garcia Eddie $711,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $975,000 +0.7% $432 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $968,000 +8.9% $429 / Sq Ft
12/07/2022 12/07/22 Off Market $889,000 -- --
09/07/2022 09/07/22 Sold $889,000 0.0% $394 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $889,000 -- $394 / 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 $2,436 $164,600 $30,000 $134,600
2024 $2,436 $164,600 $30,000 $134,600
2023 $2,436 $164,600 $0 $0
2022 $1,523 $102,875 $18,750 $84,125
2021 $1,523 $102,875 $18,750 $84,125
2020 $1,136 $102,875 $18,750 $84,125
2019 $1,136 $61,050 $15,000 $46,050
2018 $1,136 $61,050 $15,000 $46,050
2017 $1,136 $61,050 $15,000 $46,050
2016 $1,136 $61,050 $15,000 $46,050
2015 -- $63,850 $0 $0
2014 $1,041 $63,858 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 269018

Great Smoky Mountains Association of REALTORS®

APN: 107N-F-030.00