NOT LISTED FOR SALE

253 Laurel Oaks Way Gatlinburg, TN 37738

Estimated Value: $1,046,961 - $1,225,000

4 Beds
4 Baths
2,980 Sq Ft
$374/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $265,550 $89 Per Sq Ft

Est. 320% increase in value since last sale

Current estimated payment $6,253/month

20 Days on Market

Highlights

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

About This Home

As of August 2013

$156,000 UNDER TAX APPRAISAL! BANK OWNED LOG CABIN just minutes from downtown Gatlinburg and the Great Smoky Mountain National Park. Vaulted ceilings, bamboo floors, stone fireplace, granite countertops in kitchen with brand new appliances, four master suites with whirlpool tubs, rec room with wet bar, covered decks, hot tub, and great views. Buyers/Agents - for any escalations concerning property offers where our Listing Agent is unable to provide an answer, please call the Wells Fargo REO Department at 1-877-617-5274. *** Calendar Days 1-7: All offers will be rejected. We want REOs to have exposure to the market and potential buyers. The date the property is listed is counted as Day 1. Calendar Days 8-15: will entertain offers from all buyers except buyers purchasing as a secondary residence and investors. Note: Non-profits purchasing vacant lots will also be considered during calendar days 8-15. Calendar Days 16+: We will entertain offers from all buyers once any offers received during days 8-15 have been fully vetted. ***

Last Agent to Sell the Property

DAVID MATTHEWS

Re/max Eagle License #243839 Listed on: 07/10/2013

Last Buyer's Agent

Diane Warne

RECIPROCAL OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,818

Year Built

  • Built in 2007

Lot Details

  • Property fronts a county road

Home Design

  • Log Cabin
  • Composition Roof
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Wood Flooring
  • Mountain Views
  • Washer and Electric Dryer Hookup
  • Finished Basement

Kitchen

  • Electric Range
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Soaking Tub

Outdoor Features

  • Pool and Spa
  • Deck
  • Rain Gutters

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Association fees include insurance, ground maintenance, roads
  • Laurel Oaks Subdivision
  • On-Site Maintenance

Listing and Financial Details

  • Foreclosure
  • Tax Lot 15

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,818

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Roads
  • Co List Office Mls Id: 401
  • ResoSpecialListingConditions: In Foreclosure
  • Subdivision Name: Laurel Oaks
  • Above Grade Finished Sq Ft: 1840.0
  • Architectural Style: Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Two
  • ResoWindowFeatures: Double Pane Windows
  • Location Tax and Legal Tax Lot2: 15
  • Location Tax and Legal:Tax Annual Amount: 1818.0
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Above Grade Finished Area: 1840.0
  • General Property Information Below Grade Finished Area: 1140.0
  • 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
  • General Property Information View YN2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style Log2: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Sewer:Public Sewer: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Road Frontage Type County Road: Yes
  • Pool Features Hot Tub: Yes
  • Special Listing Conditions In Foreclosure: Yes
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished
  • Appliances: Electric Range, Microwave, Range Hood, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Soaking Tub, Wet Bar
  • Street Number Modifier: 253
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1140.0
  • Fireplace Features: Gas Log
  • Appliances:Electric Range: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range Hood: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association: No

Association/Amenities

  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1818.0
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2024
Sold by
Ilm Rentals Lp
Bought by
Hor Llc
Current Estimated Value
$1,113,987

Purchase Details

Listed on
Jul 10, 2013
Closed on
Aug 5, 2013
Sold by
Us Bank National Associati
Bought by
Ilm Rentals Lp
Seller's Agent
DAVID MATTHEWS
Re/max Eagle
Buyer's Agent
Diane Warne
RECIPROCAL OFFICE
List Price
$250,000
Sold Price
$265,550
Premium/Discount to List
$15,550
6.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.54%

Purchase Details

Closed on
Apr 29, 2013
Sold by
Ross Lawrence A
Bought by
Us Bank National Association T

Purchase Details

Closed on
Aug 25, 2009
Sold by
Ross Lawrence A
Bought by
Ross Real
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
Hor Llc -- Smoky Mountain Title
Ilm Rentals Lp $265,550 --
Us Bank National Association T $308,404 --
Ross Real -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2016 11/28/16 Off Market $265,550 -- --
08/30/2013 08/30/13 Sold $265,550 +6.2% $89 / Sq Ft
07/30/2013 07/30/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $250,000 -- $84 / 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 $4,168 $281,600 $20,000 $261,600
2024 $4,168 $281,600 $20,000 $261,600
2023 $4,168 $281,600 $0 $0
2022 $2,826 $176,000 $12,500 $163,500
2021 $2,826 $176,000 $12,500 $163,500
2020 $1,842 $176,000 $12,500 $163,500
2019 $1,845 $91,375 $12,500 $78,875
2018 $1,317 $91,375 $12,500 $78,875
2017 $253 $12,500 $12,500 $0
2016 $1,815 $89,875 $12,500 $77,375
2015 -- $101,600 $0 $0
2014 $1,818 $101,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    DAVID MATTHEWS

    RE/MAX

  • D

    Buyer's Agent in 2013

    Diane Warne

    RECIPROCAL OFFICE

  • C

    Buyer's Agent in 2013

    Chase Houston

    Keller Williams Realty - Knox Premier Prop

  • Ashley Swaggerty

    Buyer's Agent in 2013

    Ashley Swaggerty

    Keller Williams Realty - Knox Premier Prop

    (865) 801-3557

    30 Total Sales

    Ashley Swaggerty
    Section Image
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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 182952

Great Smoky Mountains Association of REALTORS®

APN: 127H-A-032.00-015

Tennessee Sevier County Gatlinburg 37738

253 Laurel Oaks Way, Gatlinburg, TN

This home is located at 253 Laurel Oaks Way, Gatlinburg, TN 37738 since 10 July 2013 and is currently estimated at $1,113,987, approximately $373 per square foot. This property was built in 2007. 253 Laurel Oaks Way 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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