NOT LISTED FOR SALE

261 Browns Ridge Rd Gatlinburg, TN 37738

Estimated Value: $182,000 - $1,404,763

0.48 Acre
$1,652,879 Price per Acre
20,909 Sq Ft Lot

Last Sold August 31, 2021

Last sale price $207,500 $59 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $4,402/month

239 Days on Market

Highlights

  • Mountainous Lot
  • Gatlinburg Pittman High School Rated A-
  • No HOA

About This Lot

As of August 2021

Highly motivated Seller. Send any and all offers! Half acre lot in the Heart of Gatlinburg that still has a gorgeous mountain view! Less than 5 minutes to the East Parkway!! Paved road access and all city utilities. Has a slab foundation already on site with structural engineers letter from this year verifying stability. (See provided docs.) Survey for land from this year as well. (See provided docs.) Perfect for Overnight Rentals!

Last Agent to Sell the Property

Tracy King

Your Home Sold Guaranteed Real License #302880 Listed on: 11/06/2020

Your Home Sold Guaranteed Real

Last Buyer's Agent

Nic Nicaud

Keller Williams Realty - Knox Premier Prop License #302707

Keller Williams Realty - Knox Premier Prop

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $328

Lot Details

  • 0.48 Acre Lot
  • Mountainous Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4-R

Property Details

Property Type

Land

Est. Annual Taxes

$328

Lot Details

0

Listing Details

  • Property Type: Land
  • Zoning: R-1
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Mountainous
  • Road Surface Type: Paved
  • Co List Office Mls Id: 612
  • Subdivision Name: Other
  • Location Tax and Legal Tax Lot2: 4-R
  • Location Tax and Legal:Tax Annual Amount: 328.12
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.48
  • Water Source:Public: Yes
  • Utilities Sewer Available: Yes
  • Lot Features Mountainous: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 261
  • Possible Use: Residential, Single Family

Exterior Features

  • Acres: 0.48

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: NA
  • Association: No

Lot Info

  • Lot Size Sq Ft: 20908.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 328.12
  • Tax Lot: 4-R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Aug 31, 2021
Sold by
Miaskoch Brett
Bought by
Schmitt Anthony and Schmitt Lucinda
Seller's Agent
Tracy King
Your Home Sold Guaranteed Real
Buyer's Agent
Nic Nicaud
Keller Williams Realty - Knox Premier Prop
List Price
$285,000
Sold Price
$207,500
Premium/Discount to List
-$77,500
-27.19%
Current Estimated Value
$793,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$585,882
Avg. Annual Appreciation
41.04%

Purchase Details

Listed on
Mar 26, 2020
Closed on
Apr 9, 2020
Sold by
Fitts Hubert and Fitts Brenda Lovejoy
Bought by
Mlaskoch Brett
Seller's Agent
Jeff Schoenfield
All Pro REALTORS, Inc.
Buyer's Agent
Michael Cole
Karen Whitlock Realty
List Price
$100,000
Sold Price
$95,500
Premium/Discount to List
-$4,500
-4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.44%

Purchase Details

Closed on
Oct 21, 2003
Sold by
Johnson Gerald T and Johnson June K
Bought by
Herbert Fitts

Purchase Details

Closed on
Dec 22, 1998
Sold by
Hartman James R
Bought by
Fitts Hubert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.77%

Purchase Details

Closed on
Sep 30, 1996
Sold by
Dimetrios Melisiotis
Bought by
Hartman James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,550
Interest Rate
8.05%

Purchase Details

Closed on
Jan 22, 1996
Sold by
Henry Ronald J
Bought by
Dimetrios Melisiotis
Source: Public Records

Range of Values:

Collateral Analytics

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Quantarium

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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
Schmitt Anthony $207,500 Smoky Mountain Title
Mlaskoch Brett $95,500 Smoky Mountain Title
Herbert Fitts $6,166 --
Fitts Hubert H $375,000 --
Hartman James R $219,500 --
Dimetrios Melisiotis $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Schmitt Lucinda $733,750
Previous Owner Herbert Fitts $188,000
Previous Owner Fitts Hubert H $322,500
Previous Owner Dimetrios Melisiotis $337,500
Previous Owner Hartman James R $197,550
Previous Owner Dimetrios Melisiotis $197,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Off Market $207,500 -- --
11/30/2021 11/30/21 Off Market $2,075,000 -- --
08/31/2021 08/31/21 Sold $207,500 0.0% $59 / Sq Ft
08/31/2021 08/31/21 Sold $207,500 -13.5% $59 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
12/09/2020 12/09/20 Price Changed $239,900 -7.7% $68 / Sq Ft
11/13/2020 11/13/20 Price Changed $259,900 -8.8% $74 / Sq Ft
11/06/2020 11/06/20 For Sale $285,000 +198.4% $81 / Sq Ft
08/02/2020 08/02/20 Off Market $95,500 -- --
04/30/2020 04/30/20 Sold $95,500 -4.5% $27 / Sq Ft
03/26/2020 03/26/20 For Sale $100,000 -- $28 / 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
2024 $241 $16,250 $16,250 --
2023 $241 $16,250 $0 $0
2022 $261 $16,250 $16,250 $0
2021 $261 $16,250 $16,250 $0
2020 $327 $16,250 $16,250 $0
2019 $328 $16,250 $16,250 $0
2018 $328 $16,250 $16,250 $0
2017 $328 $16,250 $16,250 $0
2016 $1,513 $74,925 $16,250 $58,675
2015 -- $113,550 $0 $0
2014 $2,032 $113,551 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tracy King

    Your Home Sold Guaranteed Real

    Section Image

  • N

    Buyer's Agent in 2021

    Nicholas Nicaud

    Realty Executives Associates

  • N

    Buyer's Agent in 2021

    Nic Nicaud

    Keller Williams Realty

    (865) 742-1312

    11 in this area

    459 Total Sales

    Section Image
  • Jeff Schoenfield

    Seller's Agent in 2020

    Jeff Schoenfield

    All Pro REALTORS, Inc.

    (865) 436-2849

    8 in this area

    88 Total Sales

    Section Image
  • Michael Cole

    Buyer's Agent in 2020

    Michael Cole

    Karen Whitlock Realty

    (865) 314-5881

    73 in this area

    141 Total Sales

    Section Image
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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 230984

Great Smoky Mountains Association of REALTORS®

APN: 127H-C-045.00

Tennessee Sevier County Gatlinburg 37738

261 Browns Ridge Rd, Gatlinburg, TN

This home is located at 261 Browns Ridge Rd, Gatlinburg, TN 37738 since 06 November 2020 and is currently estimated at $793,382, approximately $226 per square foot. 261 Browns Ridge Rd is a home located in Sevier County with nearby schools including Catons Chapel Elementary School, Northview Elementary School, and Jones Cove Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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