$150,000
SOLD FEB 21, 2025

262 Loop Rd Gatlinburg, TN 37738

0.59 Acre
$254,237 Price per Acre
25,700 Sq Ft Lot

Recently Sold

$83 Per Sq Ft

21% Below List Price

154 Days on Market

Highlights

  • View of Trees or Woods
  • 0.59 Acre Lot
  • Lot Has A Rolling Slope
  • Gatlinburg Pittman High School Rated A-
  • Wooded Lot

About This Lot

As of February 2025

Great lot with all City Utilities and walking distance to Downtown Gatlinburg - With flat buildable area! Lot previously had a duplex, which burned in the firest; however, current R-1 Zoning does not allow for multi-family so will need to be one dwelliing. Overnight rentals are allowed. Please check Zoning for all usages. Buyer responsible to ascertain all details about the utiities.

Last Agent to Sell the Property

Cheryl Hawkins

Remax Adventure Realty License #227336 Listed on: 09/13/2024

Last Buyer's Agent

Cheryl Hawkins

Summit Real Estate, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $241

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 193 x 146 x 204 x 118
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

Property Views

  • Woods
  • Forest

Utilities

  • Gas Available
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 1271 A 011.00

Property Details

Property Type

Land

Est. Annual Taxes

$241

Lot Details

0

Listing Details

  • Directions: From Center of Gatlinburg at Traffic Light No. 3, turn onto East Parkway (321) and go .4 mile to right at light for Roaring Fork/Silverbell Lane; then immediately bear left onto Roaring Fork and go .2 mile to Loop Road; turn right on Loop Road and go .2 mile to vacant lot on right. See sign. (NOTE: Day 1 of listing and first yard sign has already disappeared, so please take map provided in Assoc Docs just in case.)
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 0.59
  • Lot Size: 193 X 146 X 204 X 118
  • Road Frontage Type: Paved
  • Topography:Rolling: Yes
  • Improvements:Utilities on Site: Yes
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Wooded2: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Gas3: Yes
  • Utilities Available:Telephone5: Yes
  • Utilities Available:Water5: Yes
  • General Property Description:Lot Size SqFt: 25497.86
  • Property Sub-Type:Single Family2: Yes
  • Utilities Available:Sewer6: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Wooded
  • Lot Features: Rolling, Wooded, Rolling Slope
  • Topography: Level
  • Road Frontage Paved: Yes

Lot Info

  • Lot Size Sq Ft: 25497.86
  • Parcel #: 1271 A 011.00
  • Zoning Description: Zoned Residential

Tax Info

  • Tax Annual Amount: 240.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Feb 18, 2025
Sold by
Johnson Debra R
Bought by
Edjac Llc and Gatlinburg Investment Group Llc
Seller's Agent
Cheryl Hawkins
Remax Adventure Realty
Buyer's Agent
Cheryl Hawkins
Summit Real Estate, LLC
List Price
$190,000
Sold Price
$150,000
Premium/Discount to List
-$40,000
-21.05%
Total Days on Market
154
Views
30
Current Estimated Value
$265,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,218
Avg. Annual Appreciation
118.84%

Purchase Details

Closed on
Jan 5, 2024
Sold by
Johnson John T
Bought by
Johnson Debra R

Purchase Details

Closed on
Aug 4, 2023
Sold by
Johnson Steven
Bought by
Johnson Debra R

Purchase Details

Closed on
Feb 17, 2022
Sold by
Johnson Steven D
Bought by
Johnson John T

Purchase Details

Closed on
Aug 12, 2009
Sold by
Aldridge Donald K
Bought by
Johnson Johnny H

Purchase Details

Closed on
Apr 11, 2000
Sold by
Aldridge Donald K
Bought by
Max Ogle

Purchase Details

Closed on
Aug 8, 1989
Bought by
Aldridge Donald K
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 Type Sale Price Title Company
Warranty Deed $150,000 Tennessee Land Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- Tennessee Land Title
Deed $132,000 --
Deed -- --
Warranty Deed $55,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $150,000 -14.3% $83 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
12/11/2024 12/11/24 Price Changed $175,000 -7.9% $97 / Sq Ft
09/13/2024 09/13/24 For Sale $190,000 0.0% $106 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $190,000 -- $106 / 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 $222 $15,000 $15,000 --
2024 $222 $15,000 $15,000 --
2023 $222 $15,000 $0 $0
2022 $241 $15,000 $15,000 $0
2021 $241 $15,000 $15,000 $0
2020 $303 $15,000 $15,000 $0
2019 $303 $15,000 $15,000 $0
2018 $303 $15,000 $15,000 $0
2017 $303 $15,000 $15,000 $0
2016 $1,228 $60,800 $24,000 $36,800
2015 -- $64,680 $0 $0
2014 $1,157 $64,682 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1273655

East Tennessee REALTORS® MLS

APN: 127I-A-011.00