$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

21% Below List Price

154 Days on Market

Highlights

  • 0.59 Acre Lot
  • No HOA
  • Paved or Partially Paved Lot
  • Gatlinburg Pittman High School Rated A-

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 fires; however, current R-1 Zoning does not allow for multi-family so will need to be one dwelling. Overnight rentals are allowed. Please check Zoning for all usages. Buyer responsbile to ascertain all details about the utiities.

Last Agent to Sell the Property

Cheryl Hawkins

RE/MAX Preferred Properties Pigeon Forge License #227336 Listed on: 08/20/2024

Last Buyer's Agent

FRED HAMMER

RECIPROCAL OFFICE

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
  • Paved or Partially Paved Lot
  • Level Lot
  • Few Trees

Location

  • City Lot

Utilities

  • Septic Permit Required
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 127 A 011.00

Property Details

Property Type

Land

Est. Annual Taxes

$241

Lot Details

0

Listing Details

  • Property Type: Land
  • Zoning: R-1
  • Current Use: Unimproved, Vacant
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: City Lot, Few Trees, Level, Paved
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: 6824
  • Subdivision Name: None
  • Garage Yn: No
  • Reso Other Structures: None
  • Location Tax and Legal Parcel Number2: 127 A 011.00
  • Location Tax and Legal Tax Lot2: -
  • Location Tax and Legal:Tax Annual Amount: 240.86
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Lot Size Acres: 0.59
  • General Property Information View YN2: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information Waterfront YN: No
  • Utilities:Cable Available: Yes
  • General Property Information Lot Size Dimensions: 193 X 146 X 204 X 118
  • Utilities:Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Internet Available: Yes
  • Septic ApprovedPermit None24: Yes
  • General Property Information Lot Size Square Feet2: 25497.86
  • General Property Information Planned Unit Development (PUD): No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 262/264
  • Possible Use: Single Family, Unimproved

Exterior Features

  • Fencing: None
  • Acres: 0.59
  • View: No
  • Waterfront: No
  • Lot Features:Level: Yes
  • Lot Features:Paved: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Few Trees: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Horse Amenities: None
  • Lot Dimensions: 193 X 146 X 204 X 118
  • Lot Size Sq Ft: 25700.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 127 A 011.00

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 240.86
  • Tax Lot: -

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 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
RE/MAX Preferred Properties Pigeon Forge
Buyer's Agent
FRED HAMMER
RECIPROCAL OFFICE
List Price
$190,000
Sold Price
$150,000
Premium/Discount to List
-$40,000
-21.05%
Views
19
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
227.83%

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% --
01/21/2025 01/21/25 Pending -- -- --
12/11/2024 12/11/24 Price Changed $175,000 -7.9% --
08/20/2024 08/20/24 For Sale $190,000 -- --
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 $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: Great Smoky Mountains Association of REALTORS®

MLS Number: 302603

Great Smoky Mountains Association of REALTORS®

APN: 127I-A-011.00