NOT LISTED FOR SALE

260 Circle Dr Gatlinburg, TN 37738

Estimated Value: $1,453,079

5 Beds
5 Baths
3,368 Sq Ft
$431/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $1,270,000 $377 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,325/month

15 Days on Market

Highlights

  • Mountain View
  • Contemporary Architecture
  • Home Security System
  • Gatlinburg Pittman High School Rated A-
  • Covered Patio or Porch
  • Tile Flooring

About This Home

As of April 2022

Welcome to Bear Necessities, a turnkey, custom built cabin home walking distance from the parkway and downtown Gatlinburg! This amazing 5-bedroom house has everything you or your guests could need, with welcome that includes a covered front porch with rocking chairs at the ready to mark an impressive arrival as you walk into this beautifully designed home. The spacious open layout is ideal for entertaining or just relaxing and enjoying family time, crowned by soaring vaulted ceiling that stream golden sunlight from multiple vantage points. Beautiful wood flooring spans the layout underfoot, with architectural and decorative treasures strewn throughout for visual delight. This bright and generous floor plan allows for an easy flow from the kitchen/dining area to the living room. The kitchen boasts white staggered cabinets, gleaming granite counters and stainless steel appliances that mesh with the attractive custom tile backsplash. The living room is perfect for kicking back and enjoying the evening with comfortable couches and recliners nestled around an 83-inch flat screen television. This entry level also houses two ensuite bedrooms, with easy access to the laundry closet with stacked washer/dryer. A grand staircase sweeps you up to the loft level where a fantastic game room is ready for action and adventure, complete with full size pool table, cards table and arcade system. Comfortable seating along with a sleeper sofa and full bathroom expand your living and sleeping accommodations with exquisite style. The lower level is where most of the bedrooms are located including a master bedroom, bunk room and two other lovely bedrooms that share a Jack-and-Jill bath. In total, the cabin sleeps up to twelve with its well planned accommodations. Outdoors, you will find multiple decks, including one with a view of the original Chair Lift in Gatlinburg and a second with a privately walled hot tub. There is parking for up to five vehicles, and because it is located only 1,350 feet from all the action of the parkway and downtown Gatlinburg, you might just want to leave your cars behind as you explore all of the shops, restaurants and attractions within walking distance. With a projected income of $140-150k annually, this home makes a worthy addition to your real estate portfolio with every amenity you could ask for. Square footage is estimated. Buyer to verify all information.

Last Agent to Sell the Property

Ryan Coleman

Hometown Realty, LLC License #322312 Listed on: 12/28/2021

Last Buyer's Agent

Michael Cole

RECIPROCAL OFFICE

RECIPROCAL OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,888

Year Built

  • Built in 2021

Lot Details

  • 6,534

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Cabin
  • Vinyl Siding

Interior Spaces

  • 3,368 Sq Ft Home
  • Insulated Windows
  • Mountain Views
  • Finished Basement

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System

Additional Features

  • Covered Patio or Porch
  • 6,534 Sq Ft Lot

Community Details

  • E C Wynegar Subdivision

Listing and Financial Details

  • Assessor Parcel Number 126N K 023.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,888

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Directions: FROM DOWNTOWN GATLINBURG TURN AT LIGHT # 6 ONTO CHEROKEE ORCHARD ROAD. TURN LEFT ON CIRCLE DRIVE AND CONTINUE LEFT. PROPERTY ON LEFT
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2021
  • Lot Size Acres: 0.15
  • Subdivision Name: E C Wynegar
  • Architectural Style: Cabin, Contemporary
  • Property Attached Yn: No
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Dryer, Smoke Detector, Self Cleaning Oven, Security Alarm, Refrigerator, Microwave, Washer
  • Has Basement: Finished
  • Fireplace: No
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Flooring: Laminate, Carpet, Tile
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Windows - Insulated, Porch - Covered
  • View: Mountain View, Other
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: None, Off-Street Parking

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 126N K 023.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2021
Closed on
Apr 18, 2022
Sold by
Legacy Builders Of Tennessee Inc
Bought by
Baskins Creek Rentals Llc
Seller's Agent
Ryan Coleman
Hometown Realty, LLC
Buyer's Agent
Michael Cole
RECIPROCAL OFFICE
List Price
$1,329,440
Sold Price
$1,270,000
Premium/Discount to List
-$59,440
-4.47%
Current Estimated Value
$1,453,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,079
Original Mortgage
$1,079,500
Outstanding Balance
$1,026,215
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 26, 2020
Closed on
Oct 28, 2020
Sold by
Kalinovskyi Vasyl and Shevyreva Anastasiia
Bought by
Legacy Builders Of Tennessee Inc
Seller's Agent
Will Farmer
Key Mountain Realty LLC
Buyer's Agent
Stella Parton
Mountain Home Realty
List Price
$70,000
Sold Price
$67,000
Premium/Discount to List
-$3,000
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
639.95%

Purchase Details

Closed on
May 18, 2018
Sold by
James Janet R and Taylor Terry
Bought by
Kalinovskyi Vasyl and Shevyreva Anastasiia

Purchase Details

Closed on
Nov 2, 2004
Sold by
Crowder Patsy H
Bought by
James Janet R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,550
Interest Rate
5.65%
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
Baskins Creek Rentals Llc $1,270,000 New Title Company Name
Legacy Builders Of Tennessee Inc $67,000 Highland Title Llc
Kalinovskyi Vasyl $25,000 None Available
James Janet R $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baskins Creek Rentals Llc $1,079,500
Previous Owner James Janet R $179,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $1,270,000 -4.5% $377 / Sq Ft
02/16/2022 02/16/22 For Sale $1,329,440 +1884.2% $395 / Sq Ft
01/27/2021 01/27/21 Off Market $67,000 -- --
11/25/2020 11/25/20 Off Market $67,000 -- --
10/28/2020 10/28/20 Sold $67,000 -4.3% $24 / Sq Ft
09/26/2020 09/26/20 For Sale $70,000 -- $25 / 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 $4,888 $330,280 $25,200 $305,080
2024 $4,888 $330,280 $25,200 $305,080
2023 $4,888 $330,280 $0 $0
2022 $3,314 $206,425 $15,750 $190,675
2021 $253 $206,425 $15,750 $190,675
2020 $177 $15,750 $15,750 $0
2019 $177 $8,750 $8,750 $0
2018 $177 $8,750 $8,750 $0
2017 $177 $8,750 $8,750 $0
2016 $841 $41,675 $8,750 $32,925
2015 -- $39,525 $0 $0
2014 $707 $39,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1176727

East Tennessee REALTORS® MLS

APN: 126N-K-023.00