NOT LISTED FOR SALE

363 Wild Orchid Way Gatlinburg, TN 37738

Estimated Value: $477,000 - $704,000

2 Beds
2 Baths
1,224 Sq Ft
$476/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $498,000 $407 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,228/month

3 Days on Market

Highlights

  • Bonus Room
  • Gatlinburg Pittman High School Rated A-
  • Cabin

About This Home

As of December 2020

Vacation property investment opportunity! Offering 3 suites, 2 bathrooms, a theater room and a great view, all while being conveniently located between Gatlinburg and Pigeon Forge, this property is convenient to all the attractions the Smoky Mountains has to offer. Cabin will sell fully equipped with all furniture and appliances needed to begin rentals.

Last Agent to Sell the Property

Angelina Knight

Great Mountain Realty LLC Listed on: 10/27/2020

Last Buyer's Agent

Kathy Leedy

Great Smoky Mountains Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $746

Year Built

  • Built in 2002

Lot Details

  • 1

HOA Fees

  • $31 Monthly HOA Fees

Home Design

  • Cabin

Interior Spaces

  • Bonus Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Well

Community Details

  • Wildflower Ridge Owners Astn Association
  • Wildflower Ridge Subdivision

Listing and Financial Details

  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$746

Year Built

Built in 2002

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: Wildflower Ridge
  • Above Grade Finished Sq Ft: 684.0
  • Architectural Style: Cabin
  • Garage Yn: No
  • Location Tax and Legal Tax Lot2: 2
  • Location Tax and Legal:Tax Annual Amount: 746.33
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Above Grade Finished Area: 684.0
  • General Property Information Below Grade Finished Area: 540.0
  • General Property Information Bonus Room YN2: Yes
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Well: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Street Number Modifier: 363
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 540.0
  • Appliances Dishwasher: Yes

Exterior Features

  • Home Warranty: No

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 370.0
  • Association Fee Frequency: Annually
  • Association Name: Wildflower Ridge Owners Astn
  • Association: No

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 746.33
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2023
Sold by
Sheats Aaron
Bought by
A & N Getaways Llc
Current Estimated Value
$582,396

Purchase Details

Listed on
Oct 27, 2020
Closed on
Dec 8, 2020
Sold by
The Fair Office Inc
Bought by
Sheats Aaron and Sheats Natalie
Seller's Agent
Angelina Knight
Great Mountain Realty LLC
Buyer's Agent
Kathy Leedy
Great Smoky Mountains Association
List Price
$498,000
Sold Price
$498,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$448,200
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
A & N Getaways Llc -- None Listed On Document
Sheats Aaron $498,000 Smoky Mountain Title
Sheats Aaron $498,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sheats Aaron $448,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2021 03/09/21 Off Market $498,000 -- --
01/28/2021 01/28/21 Off Market $498,000 -- --
12/08/2020 12/08/20 Sold $498,000 0.0% $407 / Sq Ft
10/27/2020 10/27/20 For Sale $498,000 -- $407 / 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
2025 $1,780 $120,240 $10,000 $110,240
2024 $1,780 $120,240 $10,000 $110,240
2023 $1,780 $120,240 $0 $0
2022 $1,112 $75,150 $6,250 $68,900
2021 $1,112 $75,150 $6,250 $68,900
2020 $746 $75,150 $6,250 $68,900
2019 $746 $40,125 $6,250 $33,875
2018 $746 $40,125 $6,250 $33,875
2017 $746 $40,125 $6,250 $33,875
2016 $746 $40,125 $6,250 $33,875
2015 -- $40,200 $0 $0
2014 $655 $40,199 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 230853

Great Smoky Mountains Association of REALTORS®

APN: 116J-A-001.00-002