NOT LISTED FOR SALE

402 Silverbell Heights Ln Gatlinburg, TN 37738

Estimated Value: $1,245,169

3 Beds
2 Baths
1,988 Sq Ft
$626/Sq Ft Est. Value

Last Sold January 25, 2016

Last sale price $159,000 $80 Per Sq Ft

Est. 683% increase in value since last sale

Current estimated payment $6,766/month

91 Days on Market

Highlights

  • Deck
  • Wood Burning Stove
  • Wooded Lot
  • Gatlinburg Pittman High School Rated A-
  • Private Lot
  • Country Style Home

About This Home

As of January 2016

Unleash your creativity in this one-of-a-kind mountain home just minutes from Winery Square in Gatlinburg. The first thing you notice entering the home is an incredible mosaic tile floor that runs through most of the main level. The family/living room is warmed by a fireplace with a woodstove insert, and is open to the gorgeous kitchen with white cabinets, in-cabinet lighting, and granite countertops. The adjacent dining room is surrounded by windows and a pass-thru to the kitchen area. A bedroom with shared bath and a laundry room with front-loader machines round out the main level. Upstairs, the second bedroom has a private deck plumbed for an outdoor shower, while the third bedroom features skylights, a sitting room ideal for a home office or hobby room, and a private deck. A shared bath with jetted tub completes this level. Outside is a covered front porch leading to the attached carport, a back patio with detached deck, and a storage/garden shed with electricity and water. All of this is on two lots of wooded mountain privacy, though views are possible with selective tree trimming. You'll be hard-pressed to find a more unusual and distinctive home in the mountains; it must be seen to be appreciated!

Last Agent to Sell the Property

Paula Cramer

Century 21 Four Seasons Realty Parkway Listed on: 09/17/2015

Last Buyer's Agent

Jason White

Century 21 Four Seasons WOD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $764

Year Built

  • Built in 1972

Lot Details

  • Private Lot
  • Wooded Lot

Parking

  • 1 Car Garage
  • Attached Carport
  • Private Parking
  • Driveway

Home Design

  • Country Style Home
  • Slab Foundation
  • Frame Construction
  • Wood Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 1,988 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Formal Dining Room
  • Attic Access Panel

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Outbuilding

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Silverbell Heights Subdivision

Listing and Financial Details

  • Tax Lot 2, 3, 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$764

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Private, Wooded
  • Road Frontage Type: City Street
  • Subdivision Name: Silverbell Heights
  • Above Grade Finished Sq Ft: 1988.0
  • Architectural Style: Country
  • Fireplace: Yes
  • Unit Levels: Two
  • Reso Other Structures: Outbuilding, Shed(s), Storage
  • ResoWindowFeatures: Double Pane Windows
  • Location Tax and Legal Tax Lot2: 2, 3, 4
  • Location Tax and Legal:Tax Annual Amount: 764.0
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Above Grade Finished Area: 1988.0
  • General Property Information Bonus Room YN2: No
  • General Property Information:Furnished: Furnished
  • 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
  • Attic Features Access Only: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Interior Features Formal Dining: Yes
  • Levels:Two: Yes
  • Foundation Details Slab: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures Storage4: Yes
  • Other Structures:Outbuilding: Yes
  • Roof:Wood3: Yes
  • Architectural Style Country4: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Formal Dining, Soaking Tub
  • Street Number Modifier: 402
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Insert, Wood Burning, Wood Burning Stove
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:None3: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Wood Burning Stove: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Insert: Yes

Exterior Features

  • Exterior Features: Storage
  • Roof: Wood
  • Home Warranty: No
  • Construction Type: Frame, Stone, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Stone: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Storage2: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Private2: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Attached Carport, Driveway, Private
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Driveway: Yes
  • Parking Features:Private3: Yes
  • Parking Features:Attached Carport: Yes

Utilities

  • Cooling: Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 764.0
  • Tax Lot: 2, 3, 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2023
Sold by
Gravitt Brian S and Gravitt Brandan J
Bought by
Silverbell Chalets Llc
Current Estimated Value
$1,245,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$968,510
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$276,659

Purchase Details

Listed on
Sep 17, 2015
Closed on
Jan 25, 2016
Sold by
Conlon Rosalie R
Bought by
Gravitt Brian S and Gravitt Brandan J
Seller's Agent
Paula Cramer
Century 21 Four Seasons Realty Parkway
Buyer's Agent
Jason White
Century 21 Four Seasons WOD
List Price
$169,900
Sold Price
$159,000
Premium/Discount to List
-$10,900
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.48%

Purchase Details

Closed on
Mar 21, 2005
Bought by
Spencer Robert and Spencer Fred Ammon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.74%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Silverbell Chalets Llc $1,420,000 --
Gravitt Brian S $159,000 --
Spencer Robert $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silverbell Chalets Llc $1,000,000
Previous Owner Spencer Robert $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2019 04/25/19 Off Market $159,000 -- --
03/18/2018 03/18/18 Off Market $110,000 -- --
01/25/2016 01/25/16 Sold $159,000 -6.4% $80 / Sq Ft
12/17/2015 12/17/15 Pending -- -- --
09/17/2015 09/17/15 For Sale $169,900 +54.5% $85 / Sq Ft
12/18/2014 12/18/14 Sold $110,000 -35.3% $55 / Sq Ft View Prior Sale
11/25/2014 11/25/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $169,900 -- $85 / 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 $2,974 $200,960 $21,000 $179,960
2024 $1,859 $125,600 $13,125 $112,475
2023 $1,859 $125,600 $0 $0
2022 $2,017 $125,600 $13,125 $112,475
2021 $2,017 $125,600 $13,125 $112,475
2020 $1,419 $125,600 $13,125 $112,475
2019 $1,421 $70,400 $13,125 $57,275
2018 $785 $70,400 $13,125 $57,275
2017 $265 $13,125 $13,125 $0
2016 $808 $39,975 $13,125 $26,850
2015 -- $42,700 $0 $0
2014 $764 $42,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 198929

Great Smoky Mountains Association of REALTORS®

APN: 126L-E-010.00