$520,000
SOLD JUL 3, 2024

524 Hoot Owl Way Gatlinburg, TN 37738

2 Beds
2 Baths
1,040 Sq Ft
1998 Built

Recently Sold

$500 Per Sq Ft

3% Below List Price

19 Days on Market

Highlights

  • Deck
  • Granite Countertops
  • Covered patio or porch
  • Gatlinburg Pittman High School Rated A-
  • Community Pool
  • Log Cabin

About This Home

As of July 2024

Attention savvy investors - This 2 bedroom, 2 bathroom cabin with large game loft could be your next cash flow opportunity in the Great Smoky Mountains! Situated within the desirable Mountain Shadows Resort, with 2 pools and a playground, this meticulously maintained short-term rental cabin promises lucrative returns and hassle-free ownership. Boasting recent upgrades including a crawlspace dehumidifier, new granite countertops, plumbing fixtures, sinks, stainless steel appliances, and a 6-person hot tub with a fresh cover, this turnkey retreat is primed for success. Updated decor and entertainment options, such as a new multicade and four smart TVs, and high speed internet ensure guest satisfaction and repeat bookings. Managing this property is a breeze! Perfectly positioned just 5 minutes from downtown Gatlinburg and less than a mile from the renowned ''Rocky Top Sports World,'' guests will flock to this convenient location year-round. Enjoy stunning mountain views from the front porch and ample natural light flooding through the towering floor-to-ceiling windows in the large loft. With 2 bedrooms, 2 bathrooms, easy road access, low utilities, and parking for two cars, this is the perfect opportunity to maximize your investment potential in the Smokies!

Last Agent to Sell the Property

Jeana Maddux

eXp Realty, LLC 7765 License #348719 Listed on: 05/15/2024

eXp Realty, LLC 7765

Last Buyer's Agent

Susan Smith

TN Smoky Mtn Realty License #321993

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $823

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • Property fronts a private road
  • Property is zoned C-2

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Log Cabin
  • Combination Foundation
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Open Floorplan
  • Luxury Vinyl Tile Flooring

Kitchen

  • <<selfCleaningOvenToken>>
  • Electric Range
  • Range Hood
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Deck
  • Covered patio or porch
  • Rain Gutters

Mobile Home

  • Block Skirt

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 001.00

Community Details

Overview

  • Association fees include roads
  • Mountain Shadows Association
  • Mtn Shadow Resort Subdivision

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$823

Year Built

Built in 1998 | Remodeled

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Zoning: C-2
  • Current Use: Investment
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Reso Association Amenities: Pool
  • Reso Association Fee Includes: Roads
  • Co List Office Mls Id: 701
  • Subdivision Name: Mtn Shadow Resort
  • Above Grade Finished Sq Ft: 1040.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Luxury Vinyl
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • Skirt: ["Block"]
  • ResoWindowFeatures: Blinds, Window Coverings
  • Location Tax and Legal New Construction YN: No
  • Location Tax and Legal Parcel Number2: 001.00
  • Location Tax and Legal Tax Lot2: 28
  • Location Tax and Legal:Tax Annual Amount: 823.0
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Above Grade Finished Area: 1040.0
  • General Property Information Bonus Room YN2: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Levels:One and One Half: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Utilities Water Connected: Yes
  • Road Frontage Type:Private Road: Yes
  • General Property Information:Stories Total: 2
  • General Property Information Fireplace YN: Yes
  • Interior Features KitchenDining Combo: Yes
  • Interior Features LivingDining Combo: Yes
  • Laundry Features:Main Level: Yes
  • Flooring Luxury Vinyl: Yes
  • Utilities Sewer Connected: Yes
  • Utilities High Speed Internet Connected: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Foundation Details Combination: Yes
  • Skirt Block3: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Electric Range, Range Hood, Self Cleaning Oven, Washer
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Kitchen/Dining Combo, Living/Dining Combo
  • Street Number Modifier: 524
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Basement:None3: Yes
  • Interior Features:Ceiling Fans: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Granite Counters: Yes
  • Community Features:Playground: Yes
  • Community Features:Pool: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Metal
  • Construction Type: Log
  • Foundation Details: Combination
  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Window Features:Window Coverings: Yes
  • Window Features:Blinds: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Concrete2: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Connected, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Playground, Pool
  • Association Fee: 75.0
  • Association Fee Frequency: Monthly
  • Association Name: Mountain Shadows
  • Phone: 000000000
  • Association: Yes

Lot Info

  • Parcel #: 001.00

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 823.0
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jul 2, 2024
Sold by
Aucoin Derek and Aucoin Jaclyn
Bought by
Wise Kimberly Dion and Wise Kenneth Lane
Seller's Agent
Jeana Maddux
eXp Realty, LLC 7765
Buyer's Agent
Susan Smith
TN Smoky Mtn Realty
List Price
$535,000
Sold Price
$520,000
Premium/Discount to List
-$15,000
-2.8%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.68%
Original Mortgage
$468,000
Outstanding Balance
$464,554
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$46,465

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 16, 2023
Sold by
Briar Rose Rentals-Tennessee Llc
Bought by
Aucoin Derek and Aucoin Jaclyn
Seller's Agent
Tracy King
Your Home Sold Guaranteed Real
Buyer's Agent
Jeana Maddux
eXp Realty, LLC 7765
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.74%
Original Mortgage
$446,250
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2022
Sold by
Hankemeier Kevin M and Hankemeier Blair A
Bought by
Briar Rose Rentals-Tennessee Llc

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jul 15, 2021
Sold by
Bauer John M and Danilova Svetlana G
Bought by
Hankemeier Kevin M and Bourret Hankemeier Blair
Seller's Agent
Michelle Fellin
Re/Max Preferred Properties SEY
Buyer's Agent
Susan Pilkay
East TN-LPT Realty
List Price
$399,000
Sold Price
$415,000
Premium/Discount to List
$16,000
4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$311,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 20, 2017
Closed on
Mar 31, 2017
Sold by
Logsdon Pete Scott
Bought by
Bauer John N and Danilova Svetlana G
Seller's Agent
Christy Blanco Redmond
Keller Williams
List Price
$159,900
Sold Price
$158,000
Premium/Discount to List
-$1,900
-1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.24%
Original Mortgage
$142,200
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2007
Sold by
Callihan William G
Bought by
Scott Logsdon Pete

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.38%
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 $520,000 Maryville Title
Warranty Deed $525,000 Maryville Title
Quit Claim Deed -- None Listed On Document
Warranty Deed $415,000 Smoky Mountain Title
Warranty Deed $155,000 --
Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $468,000 New Conventional
Previous Owner $446,250 New Conventional
Previous Owner $311,250 New Conventional
Previous Owner $142,200 New Conventional
Previous Owner $150,000 No Value Available
Previous Owner $107,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 For Sale $535,000 +2.9% $514 / Sq Ft
07/03/2024 07/03/24 Sold $520,000 -2.8% $500 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $535,000 +1.9% $514 / Sq Ft
06/22/2023 06/22/23 Off Market $525,000 -- --
03/22/2023 03/22/23 Sold $525,000 +26.5% $505 / Sq Ft
10/13/2021 10/13/21 Off Market $415,000 -- --
07/15/2021 07/15/21 Sold $415,000 +4.0% $399 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $399,000 -3.9% $384 / Sq Ft
05/04/2021 05/04/21 Off Market $415,000 -- --
04/27/2021 04/27/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $399,000 +152.5% $384 / Sq Ft
03/31/2017 03/31/17 Sold $158,000 -1.2% $152 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $159,900 -- $154 / 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
2024 $823 $55,600 $8,625 $46,975
2023 $823 $55,600 $0 $0
2022 $893 $55,600 $8,625 $46,975
2021 $893 $55,600 $8,625 $46,975
2020 $638 $55,600 $8,625 $46,975
2019 $639 $31,675 $8,625 $23,050
2018 $639 $31,675 $8,625 $23,050
2017 $639 $31,675 $8,625 $23,050
2016 $639 $31,675 $8,625 $23,050
2015 -- $32,525 $0 $0
2014 $582 $32,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 301011

Great Smoky Mountains Association of REALTORS®

APN: 117M-E-001.00-028