NOT LISTED FOR SALE

244 Palmer Rd Gatlinburg, TN 37738

Estimated Value: $696,538

3 Beds
2 Baths
2,895 Sq Ft
$241/Sq Ft Est. Value

Last Sold August 06, 2024

Last sale price $640,000 $221 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,956/month

116 Days on Market

Highlights

  • 0.66 Acre Lot
  • Mountain View
  • Wood Burning Stove
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Private Lot

About This Home

As of August 2024

REDUCED !!! BRING ALL OFFERS !! FANTASTIC RENTAL CABIN! PRICED TO SELL!! SELLER WILLING TO PAY UP TO $5000.00 DOLLARS IN BUYER CLOSING COSTS/PREPAIDS-INTEREST RATE BUY DOWNS ETC FOR THE BUYER WHO BRINGS AN ACCEPTABLE OFFER!!! WHAT A GREAT BUY!!! THIS IS A 3BR/2BA AUTHENTIC LOG CABIN WITH MOUNTAIN VIEWS OF MOUNT LECONTE!! INCOME PRODUCING SHORT TERM RENTAL BEING SOLD FULLY FURNISHED AND TURNKEY!! STRONG RENTAL HISTORY!!! GROSSED $63,407 FOR 2020, $72,417 FOR 2021, $82,065 FOR 2022 AND 64,368 FOR 2023!! Welcome to Three Bears Lodge. This authentic log cabin features beamed ceilings throughout as well as vaulted and beamed ceilings upstairs. True log walls, and luxurious cork flooring accent this home. A spacious Chef's Kitchen is fully equipped with granite countertops has plenty of counter space. There are top of the line appliances, a breakfast bar for extra seating, and an eat in dining area that can seat 8-10 people easily. A nicely appointed living room is able to accommodate lots of guests with a wood burning stove, stone hearth and floor to ceiling stacked stone which is a focal point. There is even shuffleboard and an additional table that can seat guests who may want to play cards or board games. A very Large Master Suite on the main level with King Size Bed is attached to a luxurious bathroom with granite countertop and large stone walk in shower. This cabin is set up to sleep 9 people! Another oversized bedroom with King Bed is upstairs and has a loveseat for lounging around or watching TV. All TV's in this cabin are High DEF/Smart TV's with Roku. Guests will enjoy playing Air Hockey, Foosball and other games in the oversized play area upstairs with 3 additional built in bunks for sleeping! This is the perfect game-room setup. Three Bears Lodge features a Pool Table, Foosball, Shuffleboard, Air Hockey among other games. The bathroom upstairs has plenty of room and features granite countertop and a tub/shower. Even more incredible is that this Authentic Log Home has SMART HOME TECHNOLOGY!!! Automated lights, door locks, Nest security system with outdoor cameras and thermostats are at your fingertips!!! With a Google mesh Wi-Fi system throughout the home for consistent strong Wi-Fi you don't have to worry about losing a signal. You can control everything from the lights to the thermostat with voice command!! You can even say, Hey Google I think I heard a bear outside, show me the front door and Google will display that area on the Home Hub. Your guests can ask Google questions about such things as live bands, wine tastings, local restaurants, entertainment and more. Pretty Cool and your guests are sure to appreciate!! The expansive covered decking wraps around this home and features a four person Hot Tub, rocking chairs, a swing, a table with chairs, and even hammocks for guests to lounge around in!! There is a gas grill as well as a charcoal grill and concrete patio area with plenty of seating for entertaining. Did I mention that there is even a wooden play set outdoors for the children! Three Bears Lodge will keep your guests wanting to come back for longing for more!! Located in the Arts and Craft Community with easy access and plenty of parking you are only a few minutes to area attractions, shopping, Gatlinburg, Dollywood, and so much more! Must see!

Last Agent to Sell the Property

Mark Nichols

Coldwell Banker Wallace- Lakeside Office License #333043 Listed on: 03/22/2024

Coldwell Banker Wallace- Lakeside Office

Last Buyer's Agent

Non Member

Non Member - Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,369

Year Built

  • Built in 1984

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 221 x 70 x 143 x 190 x 36
  • Private Lot
  • Irregular Lot
  • Gentle Sloping Lot
  • Wooded Lot

Home Design

  • Log Cabin
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,895 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Metal Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Mountain Views
  • Smart Home

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer
  • 220 Volts In Laundry

Outdoor Features

  • Deck
  • Wrap Around Porch
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 117N F 010.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,369

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Year Built: 1984
  • Fencing: None
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.66
  • Lot Size: 221 x 70 x 143 x 190 x 36
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Other
  • Directions: From Gatlinburg turn onto Hwy 321N at light #3. Follow and turn Left onto Glades Rd. Take Shields Rd and then turn immediately Left onto Palmer Rd. Home is on the Right. See Sign.
  • Above Grade Finished Sq Ft: 2895.0
  • Architectural Style: Log
  • New Construction: No
  • Structure Type: Cabin
  • Location Tax and Legal:Tax Annual Amount: 1369.26
  • Location Tax and Legal:Tax Year2: 2022
  • Location Tax and Legal:Parcel Number2: 117N F 010.00
  • General Property Information:Lot Size Acres: 0.66
  • General Property Information:Lot Size Dimensions: 221 x 70 x 143 x 190 x 36
  • General Property Information:Waterfront YN: No
  • Water Source:Public: Yes
  • General Property Information:Living Area2: 2895.0
  • General Property Information:Above Grade Finished Area: 2895.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: Yes
  • Additional Dwelling:Additional Dwelling YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Flooring:Carpet: Yes
  • Foundation Details:Block3: Yes
  • General Property Information:Basement YN: No
  • Levels:Two: Yes
  • View:Mountain(s): Yes
  • Cooling:Central Air: Yes
  • Laundry Features:Laundry Room: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Main Level: Yes
  • Architectural Style:Log: Yes
  • General Property Information:View YN2: Yes
  • General Property Information:Stories Total: 2
  • Electric:_two_20 Volts in Laundry: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Water Connected: Yes
  • Location Tax and Legal:Additional Parcels YN: No
  • Property Condition:Year Built Effective: 1984
  • Cooling:Ceiling Fan(s): Yes
  • Electric:Circuit Breakers: Yes
  • Utilities:Cable Internet: Yes
  • Flooring:Ceramic Tile: Yes
  • Roof:Metal: Yes
  • Flooring Cork: Yes
  • Special Features: None
  • Stories: 2
  • Year Renovated: 1984

Interior Features

  • Flooring: Carpet, Ceramic Tile, Cork
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Levels: Two
  • Interior Amenities: Beamed Ceilings, Breakfast Bar, Ceiling Fan(s), Granite Counters, High Speed Internet, Smart Home, Vaulted Ceiling(s)
  • Accessibility Features: Central Living Area
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Metal, Wood Burning Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2895.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 2
  • Window Features: Double Pane Windows, Window Treatments
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Living Room: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Wood Burning Stove: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Smart Home: Yes
  • Interior Features:Beamed Ceilings: Yes

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Lighting, Outdoor Grill
  • Lot Features: Gentle Sloping, Irregular Lot, Private, Views, Wooded
  • View: Yes
  • Waterfront: No
  • Construction Type: Log
  • Foundation Details: Block
  • Other Structures: None
  • Patio And Porch Features: Covered, Deck, Porch, Wrap Around
  • Lot Features:Gentle Sloping: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Log2: Yes
  • Lot Features:Wooded: Yes
  • Exterior Features:Outdoor Grill: Yes
  • Lot Features:Views: Yes
  • Lot Features:Private: Yes
  • Lot Features:Irregular Lot: Yes
  • Exterior Features:Lighting: Yes
  • Patio And Porch Features:Wrap Around: Yes
  • Accessibility Features:Central Living Area: Yes

Garage/Parking

  • Garage Yn: No
  • General Property Information:Garage YN: No

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Heat Pump, Wood Stove
  • Sewer: Septic Tank
  • Electric: 220 Volts in Laundry, Circuit Breakers
  • Laundry Features: Laundry Room, Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electricity Connected, Water Connected, Cable Internet
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes
  • Heating:Wood Stove: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 28749.6
  • Additional Parcels: No
  • Parcel #: 117N F 010.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1369.26
  • Tax Map Number: 117N F 010.00
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Aug 6, 2024
Sold by
Liner Ryan
Bought by
Duff Melissa and Duff Jeffrey J
Seller's Agent
Mark Nichols
Coldwell Banker Wallace- Lakeside Office
Buyer's Agent
Non Member
Non Member - Sales
List Price
$875,500
Sold Price
$640,000
Premium/Discount to List
-$235,500
-26.9%
Views
217
Current Estimated Value
$696,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,538
Avg. Annual Appreciation
8.23%
Original Mortgage
$576,000
Outstanding Balance
$570,600
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$125,938

Purchase Details

Listed on
Nov 21, 2018
Closed on
Apr 22, 2019
Sold by
Mckinney Michael and Mckinney Deidre
Bought by
Kirk Liner Ryan and Kirk Courtney
Seller's Agent
Renee Stiles
Century 21 Four Seasons Realty Parkway
Buyer's Agent
Jason White
Century 21 Four Seasons WOD
List Price
$365,000
Sold Price
$344,000
Premium/Discount to List
-$21,000
-5.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%
Original Mortgage
$326,800
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2011
Sold by
The Bank Of New York Mello
Bought by
Mckinney Michael and Mckinney Deidre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,153
Interest Rate
3.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 23, 2009
Sold by
Johnson Ann Trese T
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Oct 4, 2005
Sold by
Myers James L Trustee
Bought by
Johnson Ann Trese T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.66%

Purchase Details

Closed on
Nov 2, 1998
Sold by
Myers James L
Bought by
Myers James L Trustee

Purchase Details

Closed on
Jun 28, 1995
Bought by
Myers James L

Purchase Details

Closed on
Feb 26, 1993
Bought by
Denton Morris L and Denton Carolyn
Source: Public Records

Range of Values:

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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
Duff Melissa $640,000 Foothills Title Services Inc
Kirk Liner Ryan $344,000 Smoky Mountain Title
Mckinney Michael $134,505 --
The Bank Of New York Mellon $194,841 --
Johnson Ann Trese T $245,000 --
Myers James L Trustee -- --
Myers James L $155,000 --
Denton Morris L $143,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duff Melissa $576,000
Previous Owner Liner Ryan $325,888
Previous Owner Kirk Liner Ryan $326,800
Previous Owner Mckinney Michael $97,000
Previous Owner Mckinney Michael $94,153
Previous Owner Denton Morris L $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2024 08/06/24 Sold $640,000 -1.5% $221 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
06/23/2024 06/23/24 Price Changed $650,000 -9.7% $225 / Sq Ft
06/13/2024 06/13/24 Price Changed $720,000 -9.4% $249 / Sq Ft
05/30/2024 05/30/24 Price Changed $795,000 -0.6% $275 / Sq Ft
05/01/2024 05/01/24 Price Changed $799,900 -8.0% $276 / Sq Ft
04/12/2024 04/12/24 Price Changed $869,500 -0.7% $300 / Sq Ft
03/22/2024 03/22/24 For Sale $875,500 +154.5% $302 / Sq Ft
07/23/2019 07/23/19 Off Market $344,000 -- --
04/23/2019 04/23/19 Sold $344,000 -5.8% $119 / Sq Ft
03/24/2019 03/24/19 Pending -- -- --
11/21/2018 11/21/18 For Sale $365,000 -- $126 / Sq Ft
Source: Lakeway Area 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 $2,019 $136,440 $18,920 $117,520
2024 $2,019 $136,440 $18,920 $117,520
2023 $2,019 $136,440 $0 $0
2022 $1,369 $85,275 $11,825 $73,450
2021 $1,369 $85,275 $11,825 $73,450
2020 $1,200 $85,275 $11,825 $73,450
2019 $1,202 $59,525 $11,825 $47,700
2018 $1,202 $59,525 $11,825 $47,700
2017 $1,202 $59,525 $11,825 $47,700
2016 $1,202 $59,525 $11,825 $47,700
2015 -- $59,650 $0 $0
2014 $1,067 $59,627 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 703050

Lakeway Area Association of REALTORS®

APN: 117N-F-010.00