NOT LISTED FOR SALE

525 Hoot Owl Way Gatlinburg, TN 37738

Estimated Value: $306,000 - $371,000

1 Bed
1 Bath
432 Sq Ft
$806/Sq Ft Est. Value

Last Sold July 05, 2018

Last sale price $135,000 $312 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $1,957/month

Highlights

  • 9.23 Acre Lot
  • Deck
  • Wood Flooring
  • Gatlinburg Pittman High School Rated A-
  • Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of July 2018

Adorable ''Honeymooners'' cabin and owners just had exterior stained May 2018. Very clean, open floor concept with kitchen, full bath, bedroom & living combo with corner fireplace and comes fully furnished. Deck on back is large enough to sit a spell or hop into the big hot tub. Resort has community pool and in the process of building community pool phase II along with existing kids playground and pavilion for family gathers or intimate weddings. Located within minutes of downtown Gatlinburg. Very affordable price for your own Smoky Mtn get away or for a rental investment property. Current owners are a FRBO and are gaining repeat clients each year. Cabin is named ''Hugs and Kisses'' #39

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $480

Year Built

  • Built in 1999

Lot Details

  • 9.23 Acre Lot
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $55 Monthly HOA Fees

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 432 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Wood Flooring
  • Crawl Space
  • Microwave

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 117M E 00100 000

Community Details

Overview

  • Mtn Shadows Resort Comm Subdivision

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$480

Year Built

Built in 1999

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • Year Built: 1999
  • Unit Levels: One
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor, High Speed Internet
  • Appliances: Microwave, Refrigerator
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 432
  • Building Area Units: Square Feet
  • Living Area: 432
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Log
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Connected

Condo/Co-op/Association

  • Association Fee: 55
  • Association Fee Frequency: Monthly
  • Amenities: Playground, Pool
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Features: Cul-De-Sac, Wooded, Other, Rolling Slope
  • Lot Size Acres: 9.23
  • Lot Size: irr
  • Lot Size Units: Acres
  • Parcel #: 117M E 00100 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 480
  • Tax Lot: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2018
Closed on
Jul 5, 2018
Sold by
Gilreath Kenneth M and Gilreath Tina D
Bought by
Lowe Monti and Young Crystal A
List Price
$132,000
Sold Price
$135,000
Premium/Discount to List
$3,000
2.27%
Current Estimated Value
$348,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,351
Avg. Annual Appreciation
13.83%
Original Mortgage
$121,500
Outstanding Balance
$105,298
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$243,053

Purchase Details

Closed on
Oct 18, 2006
Sold by
Moster Steven L
Bought by
Rahe Dennis S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,705
Interest Rate
6.67%

Purchase Details

Closed on
Aug 30, 2006
Sold by
Federal National Mortgage Association
Bought by
Gilreath Kenneth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,705
Interest Rate
6.67%
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 Buyer Sale Price Title Company
Lowe Monti $135,000 Paramount Land Title
Rahe Dennis S $114,500 --
Gilreath Kenneth M $117,450 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowe Monti $121,500
Previous Owner Gilreath Kenneth M $105,705
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2018 07/05/18 Sold $135,000 +2.3% $313 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $132,000 -- $306 / Sq Ft
Source: Realtracs

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 $902 $60,920 $13,800 $47,120
2024 $902 $60,920 $13,800 $47,120
2023 $902 $60,920 $0 $0
2022 $612 $38,075 $8,625 $29,450
2021 $612 $38,075 $8,625 $29,450
2020 $479 $38,075 $8,625 $29,450
2019 $480 $23,750 $8,625 $15,125
2018 $480 $23,750 $8,625 $15,125
2017 $480 $23,750 $8,625 $15,125
2016 $480 $23,750 $8,625 $15,125
2015 -- $23,950 $0 $0
2014 $428 $23,941 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2854281

Realtracs

APN: 117M-E-001.00-039

Tennessee Sevier County Gatlinburg 37738

525 Hoot Owl Way, Gatlinburg, TN

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