NOT LISTED FOR SALE

2250 Highland Acres Way Gatlinburg, TN 37738

Estimated Value: $634,000 - $698,748

3 Beds
3 Baths
3,254 Sq Ft
$205/Sq Ft Est. Value

Last Sold April 05, 2021

Last sale price $425,000 $131 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,786/month

58 Days on Market

Highlights

  • Guest House
  • 2.6 Acre Lot
  • Wooded Lot
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • 2 Fireplaces

About This Home

As of April 2021

This home is located at the end of a private residential road and sits on 2.6 acres. It's just a few minutes from downtown Gatlinburg. The home has a beautiful view of Mount Leconte! It not only has a Main House but a Guest House and workshop as well. Every room has windows of the beautiful scenery with most having mtn views. The Main House has hardwood floors throughout. The living room has a beautiful stone wood burning fireplace. The Guest House is 784 sq ft with a living room, stone fireplace, bedroom, kitchen and bathroom. The workshop is 144 sq ft with 220 eclectric, water, deck, and potter's wheel! *No overnight rentals.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,768

Year Built

  • Built in 1972

Lot Details

  • 2.6 Acre Lot
  • Wooded Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Cottage
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces
  • Separate Formal Living Room
  • Property Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Deck
  • Guest House

Community Details

  • Highland Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 108 04900 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,768

Year Built

Built in 1972

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1972
  • Unit Levels: Two
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Wood
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Has Basement: Exterior Entry
  • Above Grade Finished Sq Ft: 2849
  • Below Grade Sq Ft: 405
  • Building Area Units: Square Feet
  • Living Area: 3254
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Carriage/Guest House
  • Construction Type: Frame, Other
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Lot Features: Private, Wooded
  • Lot Size Acres: 2.6
  • Lot Size Units: Acres
  • Parcel #: 108 04900 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1768

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2020
Closed on
Apr 5, 2021
Sold by
Garrett Kitty M and Garrett Edwin B
Bought by
Wilcox Terry and Williams Stacy
List Price
$449,900
Sold Price
$425,000
Premium/Discount to List
-$24,900
-5.53%
Current Estimated Value
$666,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,374
Avg. Annual Appreciation
10.61%
Original Mortgage
$340,000
Outstanding Balance
$307,643
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$358,731

Purchase Details

Closed on
May 25, 1994
Sold by
Scott William L
Bought by
Garrett Edwin B

Purchase Details

Closed on
Jul 29, 1988
Bought by
Carpenter Robert W and Carpenter Denise

Purchase Details

Closed on
May 1, 1987
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wilcox Terry $425,000 Magnolia Title
Garrett Edwin B -- --
Carpenter Robert W $18,000 --
-- $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilcox Terry $340,000
Previous Owner Garrett Edwin B $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2021 04/05/21 Sold $425,000 -5.5% $131 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
11/10/2020 11/10/20 For Sale $449,900 -- $138 / Sq Ft
Source: Realtracs

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 $2,806 $94,800 $14,000 $80,800
2024 $2,806 $94,800 $14,000 $80,800
2023 $2,806 $94,800 $0 $0
2022 $2,006 $94,800 $14,000 $80,800
2021 $2,006 $94,800 $14,000 $80,800
2020 $1,767 $94,800 $14,000 $80,800
2019 $1,767 $65,225 $13,875 $51,350
2018 $1,767 $65,225 $13,875 $51,350
2017 $1,767 $65,225 $13,875 $51,350
2016 $1,767 $65,225 $13,875 $51,350
2015 -- $65,675 $0 $0
2014 $1,628 $65,658 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2844371

Realtracs

APN: 108-049.00