NOT LISTED FOR SALE

248 Circle Dr Gatlinburg, TN 37738

Estimated Value: $631,081

4 Beds
2 Baths
1,350 Sq Ft
$467/Sq Ft Est. Value

Last Sold April 07, 2022

Last sale price $660,000 $489 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,588/month

3 Days on Market

Highlights

  • No HOA
  • Log Cabin
  • Zoned Heating and Cooling
  • Gatlinburg Pittman High School Rated A-

About This Home

As of April 2022

LOCATION! LOCATION! LOCATION! Layton's Lodge, formerly known as Aunt Nina's cabin, was built in 1940 and served as a cozy inn for many years. Constructed from now-extinct chestnut logs, it has charming authenticity. It has been lovingly restored with new flooring, windows, lighting, appliances and furnishings. You will enjoy the sounds of nearby church bells, the babbling brook, and the easy six-minute walk to the Parkway. VERY RARE to have a property walkable to downtown Gatlinburg! The two downstairs bedrooms have their own private entrances, as well as access to the screened deck. With great reviews on Airbnb, this property is ready to make it's next owner just as successful.

Last Agent to Sell the Property

Gennifer Mix

eXp Realty, LLC 7720 License #325042 Listed on: 02/09/2022

eXp Realty, LLC 7720

Last Buyer's Agent

Derek Tellier

eXp Realty, LLC 7720 License #348034

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $994

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot
  • Property is zoned C-2

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot P09

Home Details

Home Type

Single Family

Est. Annual Taxes

$994

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Zoning: C-2
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Co List Office Mls Id: 701
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 675.0
  • Architectural Style: Cabin
  • Location Tax and Legal Tax Lot2: P09
  • Location Tax and Legal:Tax Annual Amount: 994.0
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Lot Size Acres: 0.1
  • General Property Information Above Grade Finished Area: 675.0
  • General Property Information Below Grade Finished Area: 675.0
  • General Property Information Bonus Room YN2: No
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style Cabin2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Cooling:Zoned: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Electric Range, Microwave, Refrigerator
  • Street Number Modifier: 248
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 675.0
  • Appliances:Electric Range: Yes

Exterior Features

  • Roof: Metal
  • Acres: 0.1
  • Home Warranty: No
  • Construction Type: Log
  • Construction Materials:Log: Yes
  • ConstructionSiding:Roof Metal: Yes

Utilities

  • Cooling: Zoned
  • Heating: Zoned
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 994.0
  • Tax Lot: P09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
May 25, 2022
Sold by
Jo Cardoso Mary
Bought by
248 Circle Drive Llc
Seller's Agent
Gennifer Mix
eXp Realty, LLC 7720
Buyer's Agent
Derek Tellier
eXp Realty, LLC 7720
Sold Price
$660,000
Total Days on Market
3
Current Estimated Value
$631,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,919
Avg. Annual Appreciation
-1.34%

Purchase Details

Listed on
Oct 24, 2020
Closed on
Nov 25, 2020
Sold by
Morris Kent and Morris Melani
Bought by
Patterson Tanner
Seller's Agent
Billy Houston
Billy Houston Group, Realty Executives
Buyer's Agent
Gennifer Mix
eXp Realty, LLC 7720
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.42%
Original Mortgage
$306,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2017
Sold by
Sarratt Charles E and Sarratt Nina T
Bought by
Morris Kent and Morris Melani
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
248 Circle Drive Llc -- Rickman James G
Patterson Tanner $340,000 Maryville Title & Escrow
Morris Kent $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patterson Tanner $306,000
Previous Owner Sarratt Nina S $56,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Off Market $660,000 -- --
04/07/2022 04/07/22 Sold $660,000 +88.6% $489 / Sq Ft
02/12/2022 02/12/22 Pending -- -- --
03/14/2021 03/14/21 Off Market $350,000 -- --
01/24/2021 01/24/21 Off Market $350,000 -- --
11/26/2020 11/26/20 Sold $350,000 0.0% $259 / Sq Ft
10/24/2020 10/24/20 For Sale $350,000 -- $259 / 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 $1,590 $107,440 $14,000 $93,440
2024 $1,590 $107,440 $14,000 $93,440
2023 $1,590 $107,440 $0 $0
2022 $1,078 $67,150 $8,750 $58,400
2021 $1,078 $67,150 $8,750 $58,400
2020 $341 $67,150 $8,750 $58,400
2019 $342 $16,950 $7,000 $9,950
2018 $342 $16,950 $7,000 $9,950
2017 $237 $16,950 $7,000 $9,950
2016 $342 $16,950 $7,000 $9,950
2015 -- $18,725 $0 $0
2014 $335 $18,728 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gennifer Mix

    Seller's Agent in 2022

    Gennifer Mix

    eXp Realty, LLC 7720

    (334) 447-1220

    31 in this area

    159 Total Sales

    Section Image
  • Derek Tellier

    Buyer's Agent in 2022

    Derek Tellier

    eXp Realty, LLC 7720

    (865) 385-5782

    46 in this area

    290 Total Sales

    Section Image
  • Billy Houston

    Seller's Agent in 2020

    Billy Houston

    Billy Houston Group, Realty Executives

    (865) 577-7653

    27 in this area

    544 Total Sales

    Section Image
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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 247335

Great Smoky Mountains Association of REALTORS®

APN: 126N-K-019.00

Tennessee Sevier County Gatlinburg 37738

248 Circle Dr, Gatlinburg, TN

This home is located at 248 Circle Dr, Gatlinburg, TN 37738 since 09 February 2022 and is currently estimated at $631,081, approximately $467 per square foot. This property was built in 1940. 248 Circle Dr is a home located in Sevier County with nearby schools including Catons Chapel Elementary School, Northview Elementary School, and Jones Cove Elementary School.

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Great Smoky Mountains Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed. Copyright 2025 Great Smoky Mountains Association of REALTORS®. All rights reserved.

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