NOT LISTED FOR SALE

247 Circle Dr Gatlinburg, TN 37738

Estimated Value: $715,782

0.34 Acre
$2,105,241 Price per Acre
14,810 Sq Ft Lot

Last Sold December 06, 2021

Last sale price $87,600 $78 Per Sq Ft

Est. 717% increase in value since last sale

Current estimated payment $4,134/month

140 Days on Market

About This Lot

As of December 2021

Great opportunity!! Two lots within walking distance to the downtown Gatlinburg strip. Build your dream cabin or your next investment property!!! Lots are zoned C-2 Zone (General Business) District.

Last Agent to Sell the Property

Raj Cheema

Southland Realtors, Inc License #335652 Listed on: 05/12/2021

Last Buyer's Agent

Sandy Owens

RECIPROCAL OFFICE License #355629

RECIPROCAL OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,575

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 94x102
  • Irregular Lot
  • Steep Slope
  • Cleared Lot
  • Finished Lot(s)
  • Zoning described as None, Zoned Commercial

Listing and Financial Details

  • Assessor Parcel Number 126M C 005.00 000

Property Details

Property Type

Land

Est. Annual Taxes

$2,575

Lot Details

0

Listing Details

  • Directions: From 321 Downtown Gatlinburg going South, turn Left onto Cherokee Orchard Drive to left onto Baskins Creek Road, to right onto Circle Drive. Property on your left.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 0.34
  • Lot Size: 94x102
  • Improvements:Utilities on Site: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Water5: Yes
  • Property Sub-Type:Single Family2: Yes
  • Lot Description:Irregular Lot: Yes
  • Utilities Available:Sewer6: Yes
  • Topography:Partially Cleared: Yes
  • Topography:Steep: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Irregular Lot
  • Topography: {"Steep":true,"Partially Cleared":true}

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Parcel #: 126M C 005.00 000
  • Zoning Description: None, Zoned Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 34.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2022
Sold by
Haim Koren
Bought by
Rbl Properties Llc
Current Estimated Value
$715,782

Purchase Details

Listed on
May 12, 2021
Closed on
Dec 3, 2021
Sold by
Shultz Bobby and Shultz Sherry
Bought by
Koren Haim
Seller's Agent
Raj Cheema
Southland Realtors, Inc
Buyer's Agent
Sandy Owens
RECIPROCAL OFFICE
Sold Price
$87,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.43%

Purchase Details

Closed on
May 31, 2018
Sold by
Farmer William T and Farmer Evgeniya
Bought by
Shultz Bobby and Shultz Sherry

Purchase Details

Closed on
Dec 7, 2016
Sold by
Farmer Emily J
Bought by
Farmer William T

Purchase Details

Closed on
Oct 17, 2011
Sold by
Sevier County Bank
Bought by
Farmer William T and Farmer Emily J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 21, 2005
Sold by
Sortore Mark D
Bought by
Zwagerman Enterprises Inc

Purchase Details

Closed on
Apr 3, 2001
Sold by
Sortore Diane L
Bought by
Sortore Mark D

Purchase Details

Closed on
Oct 20, 1997
Sold by
Etal Hiott John S
Bought by
Sortore Mark D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.39%

Purchase Details

Closed on
Sep 22, 1986
Bought by
Hiott John S
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
Rbl Properties Llc -- None Listed On Document
Koren Haim $87,600 Smoky Mountain Title
Shultz Bobby $50,000 None Available
Farmer William T -- --
Farmer William T $50,000 --
Zwagerman Enterprises Inc $212,500 --
Sortore Mark D -- --
Sortore Mark D $90,000 --
Hiott John S $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rbl Properties Llc $300,000
Previous Owner Farmer William T $136,000
Previous Owner Farmer William T $110,000
Previous Owner Farmer William T $45,000
Previous Owner Sortore Mark D $101,982
Previous Owner Sortore Mark D $5,000
Previous Owner Sortore Mark D $10,000
Previous Owner Sortore Mark D $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $87,600 -- $78 / 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
2025 $2,575 $178,280 $17,520 $160,760
2024 $162 $10,950 $10,950 --
2023 $162 $10,950 $0 $0
2022 $176 $10,950 $10,950 $0
2021 $176 $10,950 $10,950 $0
2020 $221 $10,950 $10,950 $0
2019 $221 $10,950 $10,950 $0
2018 $221 $10,950 $10,950 $0
2017 $221 $10,950 $10,950 $0
2016 $570 $28,225 $10,950 $17,275
2015 -- $30,100 $0 $0
2014 $538 $30,095 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1152528

East Tennessee REALTORS® MLS

APN: 126M-C-005.00