$392,500
SOLD FEB 14, 2025

338 King Rd Gatlinburg, TN 37738

2 Beds
2 Baths
1,056 Sq Ft
0.51 Acres

Recently Sold

$372 Per Sq Ft

1% Below List Price

8 Days on Market

Highlights

  • Mountain View
  • Deck
  • Cathedral Ceiling
  • Gatlinburg Pittman High School Rated A-
  • Wooded Lot
  • No HOA

About This Home

As of February 2025

Opportunity Knocks!! Don't miss this chance to own an established short term rental in Gatlinburg for under $400k! This lovely 2 bed room 2 bath cabin is perfectly located in the peaceful Glades Arts and Crafts community of Gatlinburg just minutes from hiking, shopping, dining and entertainment. With a cozy fireplace and an inviting hot tub, guests will be just as happy staying in and enjoying the cabin's amenities. This fully furnished property is ready for immediate rentals, making for an effortless transition to start generating income.

Last Agent to Sell the Property

Shannon Helton

Mountain Home Realty License #305462 Listed on: 01/07/2025

Last Buyer's Agent

Non Member

Non Member - Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,142

Year Built

  • Built in 1999

Lot Details

  • 0.51 Acre Lot
  • Irregular Lot
  • Wooded Lot

Home Design

  • Log Cabin
  • Block Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,056 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Mountain Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Gatlinburg Pittman High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 112-Story Property

Listing and Financial Details

  • Assessor Parcel Number 117L I 00100 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,142

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 1999
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.51
  • Lot Size: 50X114.52 IRR
  • Subdivision Name: Other
  • Directions: From Glades Rd turn onto King Rd, in 0.2 miles turn Left onto Morning Mist Way, in 0.3 miles turn right onto King Rd, Follow the sign toward 336 King Rd, when you reach 336 keep to the right and the destination will be on your right. 338 King Rd
  • Above Grade Finished Sq Ft: 1056.0
  • Architectural Style: Log
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Cabin
  • Location Tax and Legal:Tax Annual Amount: 1141.98
  • Location Tax and Legal:Tax Year2: 2023
  • Location Tax and Legal:Parcel Number2: 117L I 00100 000
  • General Property Information:Lot Size Acres: 0.51
  • General Property Information:Lot Size Dimensions: 50X114.52 IRR
  • General Property Information:Waterfront YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Elementary School: Other
  • Location Tax and Legal:Middle Or Junior School2: Other
  • Location Tax and Legal:High School: Gatlinburg Pittman
  • General Property Information:Living Area2: 1056.0
  • General Property Information:Above Grade Finished Area: 1056.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: Yes
  • General Property Information:Spa YN: No
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • General Property Information:Basement YN: No
  • View:Mountain(s): Yes
  • Utilities:Sewer Connected: Yes
  • Cooling:Central Air: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Main Level: Yes
  • Laundry Features:Laundry Closet: Yes
  • Architectural Style:Log: Yes
  • Levels:One and One Half: Yes
  • General Property Information:Pool Private YN: No
  • General Property Information:View YN2: Yes
  • General Property Information:Stories Total: 112
  • General Property Information:Horse YN2: No
  • Utilities:Electricity Connected: Yes
  • Utilities:Water Connected: Yes
  • Location Tax and Legal:Additional Parcels YN: No
  • Cooling:Ceiling Fan(s): Yes
  • Utilities:Cable Internet: Yes
  • Utilities:Cable Connected: Yes
  • Flooring:Linoleum: Yes
  • Special Features: None
  • Stories: 112

Interior Features

  • Flooring: Carpet, Linoleum
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer Stacked
  • Levels: One and One Half
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s)
  • Private Spa: No
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1056.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 112
  • Window Features: Blinds
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Appliances:WasherDryer Stacked: Yes

Exterior Features

  • Exterior Features: Other
  • Lot Features: Irregular Lot, Wooded
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Window Features:Blinds: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Irregular Lot: Yes
  • Exterior Features:Other12: Yes

Garage/Parking

  • Garage Yn: No
  • Attached Garage: No
  • General Property Information:Garage YN: No
  • General Property Information:Carport YN: No
  • General Property Information:Attached Garage YN: No

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Closet, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Cable Internet, See Remarks
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Other
  • High School: Gatlinburg Pittman
  • Middle Or Junior School: Other

Lot Info

  • Lot Size Sq Ft: 22215.6
  • Additional Parcels: No
  • Parcel #: 117L I 00100 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1141.98
  • Tax Map Number: 117L
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2025
Closed on
Feb 14, 2025
Sold by
Lauland Alan E and Lauland Denise A
Bought by
Allison Daniel and Allison David
Seller's Agent
Shannon Helton
Mountain Home Realty
Buyer's Agent
Non Member
Non Member - Sales
List Price
$395,500
Sold Price
$392,500
Premium/Discount to List
-$3,000
-0.76%
Views
41
Current Estimated Value
$401,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,455
Avg. Annual Appreciation
4.59%
Original Mortgage
$314,000
Outstanding Balance
$312,411
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$89,544

Purchase Details

Closed on
Aug 25, 2004
Sold by
Maples Brothers Home Build
Bought by
Lauland Alan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.38%
Source: Public Records

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Range of Values:

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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 $392,500 Admiral Title Inc
Deed $169,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $314,000 New Conventional
Previous Owner $99,638 No Value Available
Previous Owner $110,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $392,500 -0.8% $372 / Sq Ft
01/15/2025 01/15/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $395,500 -- $375 / Sq Ft
Source: Lakeway Area 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 $1,053 $71,120 $13,600 $57,520
2024 $1,053 $71,120 $13,600 $57,520
2023 $1,053 $71,120 $0 $0
2022 $714 $44,450 $8,500 $35,950
2021 $714 $44,450 $8,500 $35,950
2020 $571 $44,450 $8,500 $35,950
2019 $572 $28,325 $8,500 $19,825
2018 $572 $28,325 $8,500 $19,825
2017 $572 $28,325 $8,500 $19,825
2016 $572 $28,325 $8,500 $19,825
2015 -- $31,175 $0 $0
2014 $558 $31,177 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 706141

Lakeway Area Association of REALTORS®

APN: 117L-I-001.00