NOT LISTED FOR SALE

255 Laurel Oaks Way Gatlinburg, TN 37738

Estimated Value: $1,060,000 - $1,219,000

3 Beds
3 Baths
2,048 Sq Ft
$544/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $285,000 $139 Per Sq Ft

Est. 291% increase in value since last sale

Current estimated payment $6,254/month

55 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 March 2014

Spacious, 3 BD/3 BA, over 2,000 sq ft, beautiful log cabin located only minutes from dwtn. Gatlinburg, and with great views of the Smokies. Made over $37,000 in rental income on average in both 2012 and 2013! Large Great Room, complete with a living room area that has a masonry gas fireplace, and outside deck access from which to view the Smokies. Each Bedroom Suite has its own private Bathroom and whirlpools in the Master and 2nd Bedrooms. Has a full kitchen w/black granite countertops, two deck levels with amazing views of the Smokies from each level, and lower level deck has a hot tub, great for entertaining guests. Lower level also has a large recreation room, complete with pool table and arcade game area for a complete entertainment experience for family, friends, and guests alike. Beautiful log construction on the inside and out; only mins. to dwtn. Gatlinburg and nearby City trolley stops along U.S. Hwy. 321. Very spacious and well located!

Last Agent to Sell the Property

Jason White

Century 21 Legacy PF Listed on: 01/21/2014

Last Buyer's Agent

Jane Terrell

Century 21 Four Seasons WOD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,279

Year Built

  • Built in 2007

Lot Details

  • 1

Home Design

  • Log Cabin
  • Composition Roof
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Double Pane Windows
  • Great Room
  • Living Room
  • Dining Room
  • Game Room
  • Utility Room
  • Wood Flooring
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Pool and Spa
  • Deck
  • Rain Gutters

Utilities

  • Cooling Available
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Tax Lot 16

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,279

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: City Street
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Fee Includes: Maintenance Grounds, Roads
  • Co List Office Mls Id: 829
  • Subdivision Name: Laurel Oaks
  • Above Grade Finished Sq Ft: 1024.0
  • Architectural Style: Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Two
  • ResoWindowFeatures: Double Pane Windows, Skylight(s)
  • Location Tax and Legal Tax Lot2: 16
  • Location Tax and Legal:Tax Annual Amount: 1279.2
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Above Grade Finished Area: 1024.0
  • General Property Information Below Grade Finished Area: 1024.0
  • 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 Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Log2: Yes
  • Flooring Wood: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Room Types Bedroom 2 Level: B
  • Room Types Dining Room: Yes
  • Room Types Dining Room Level: 1
  • Room Types Great Room: Yes
  • Room Types Great Room Level: 1
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Primary Bedroom Level: 1
  • Room Types Utility Room: Yes
  • Room Types Utility Room Level: B
  • Levels:Two: Yes
  • Utilities:Cable Available: Yes
  • Room Types Bedroom 3 Level: B
  • Pool Features Hot Tub: Yes
  • Room Types Game Room: Yes
  • Room Types Game Room Level: 2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished, Full, Walk-Out Access
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Great Room, High Speed Internet, Soaking Tub
  • Street Number Modifier: 255
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1024.0
  • Fireplace Features: Gas Log, Masonry
  • Fireplaces: 1
  • Total Bedrooms: 20
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Masonry: 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
  • Window Features:Skylight(s): Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • 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: 130.0
  • Association: No

Association/Amenities

  • Association Fee Includes:Maintenance Grounds2: Yes

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1279.2
  • Tax Lot: 16

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
$1,114,210

Purchase Details

Closed on
Jan 11, 2018
Sold by
Greenbrier Cabins Llc
Bought by
Ilm Rentals Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.99%

Purchase Details

Closed on
Feb 1, 2017
Sold by
Luxury Smoky Mountain Retr
Bought by
Greenbrier Cabins Llc Series H

Purchase Details

Listed on
Jan 21, 2014
Closed on
Mar 27, 2014
Sold by
Mullikin Ted
Bought by
Manry Jeffrey D Co Truste
Seller's Agent
Jason White
Century 21 Legacy PF
Buyer's Agent
Jane Terrell
Century 21 Four Seasons WOD
List Price
$279,900
Sold Price
$285,000
Premium/Discount to List
$5,100
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%

Purchase Details

Closed on
Jan 31, 2011
Sold by
Citizens National Bank
Bought by
Mullikin Ted

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.82%
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
Hor Llc -- Smoky Mountain Title
Ilm Rentals Lp $296 --
Greenbrier Cabins Llc Series H $25,000 --
Luxury Smoky Mountain Retreats $25,000 --
Manry Jeffrey D Co Truste $273,000 --
Mullikin Ted $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ilm Rentals Lp --
Previous Owner Mullikin Ted $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2021 01/27/21 Off Market $285,000 -- --
03/28/2014 03/28/14 Sold $285,000 +1.8% $139 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
01/21/2014 01/21/14 For Sale $279,900 -- $137 / 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 $4,091 $276,400 $20,000 $256,400
2024 $4,091 $276,400 $20,000 $256,400
2023 $4,091 $276,400 $0 $0
2022 $2,774 $172,750 $12,500 $160,250
2021 $2,774 $172,750 $12,500 $160,250
2020 $1,803 $172,750 $12,500 $160,250
2019 $1,806 $89,475 $12,500 $76,975
2018 $1,232 $89,475 $12,500 $76,975
2017 $253 $12,500 $12,500 $0
2016 $1,320 $65,400 $12,500 $52,900
2015 $1,279 $71,500 $0 $0
2014 $1,279 $71,501 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 186920

Great Smoky Mountains Association of REALTORS®

APN: 127H-A-032.00-016