NOT LISTED FOR SALE

527 Hemlock St Gatlinburg, TN 37738

Estimated Value: $895,701

3 Beds
4 Baths
3,058 Sq Ft
$293/Sq Ft Est. Value

Last Sold February 27, 2017

Last sale price $335,000 $110 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $4,986/month

706 Days on Market

Highlights

  • Chalet
  • No HOA
  • Attached Carport
  • Gatlinburg Pittman High School Rated A-

About This Home

As of February 2017

Unbelievable Price and Rental income from this Large 3 story cottage on the Little Pigeon river in Downtown Gatlinburg. It has everything you could be want in a vacation home or investment property. There is a bedroom on each level with it's own bathroom for privacy, 3 gas fireplaces, great room, kitchen and bedroom. Large rooms for entertaining your family and friends. The Pigeon River is right outside your door so be sure to bring your fishing rod or just sit on one of the decks and listen to the River Song. This cottage sleeps up to 12. It has a rec room with pool table and hockey . This is really a charmer. and stays booked!! Call for appointment to see this great investment today! Cabin name is A River Song.

Last Agent to Sell the Property

Suzi Freeman Greenlee

Regal Real Estate TN, LLC License #283062 Listed on: 02/13/2015

Last Buyer's Agent

Suzi Freeman Greenlee

Regal Real Estate TN, LLC License #283062 Listed on: 02/13/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,073

Year Built

  • Built in 1977

Lot Details

  • 0.26

Parking

  • 2 Car Garage
  • Attached Carport

Home Design

  • 3,058 Sq Ft Home
  • Chalet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Home Owners Association
  • Smokey Heights Subdivision

Listing and Financial Details

  • Tax Lot P05

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,073

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1977
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • Subdivision Name: Smokey Heights
  • Above Grade Finished Sq Ft: 3058.0
  • Architectural Style: Chalet
  • Location Tax and Legal Tax Lot2: P05
  • Location Tax and Legal:Tax Annual Amount: 2073.0
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Above Grade Finished Area: 3058.0
  • General Property Information Bonus Room YN2: No
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Sewer:Public Sewer: Yes
  • Architectural Style Chalet: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Street Number Modifier: 527
  • Full Bathrooms: 4
  • Total Bedrooms: 3

Exterior Features

  • Home Warranty: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Attached Carport
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached Carport: Yes

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2073.0
  • Tax Lot: P05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2025
Sold by
Big Moment Capital Fund Lp
Bought by
Wehmeyer Van A and Wehmeyer Jennifer J
Current Estimated Value
$895,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Outstanding Balance
$675,485
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving
Estimated Equity
$220,216

Purchase Details

Closed on
Mar 23, 2022
Sold by
Lofton David W
Bought by
Big Moment Capital Fund Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2015
Closed on
Feb 27, 2017
Sold by
Jones
Bought by
Lofton David W
Seller's Agent
Suzi Freeman Greenlee
Regal Real Estate TN, LLC
Buyer's Agent
Suzi Freeman Greenlee
Regal Real Estate TN, LLC
List Price
$394,900
Sold Price
$335,000
Premium/Discount to List
-$59,900
-15.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.01%
Original Mortgage
$268,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2007
Sold by
Mullins Thomas L
Bought by
Jones Butler Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.62%

Purchase Details

Closed on
Dec 16, 2002
Sold by
Knapp Randall L
Bought by
Mullins Thomas L

Purchase Details

Closed on
Dec 4, 2000
Bought by
Whitlock David Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,178
Interest Rate
7.79%
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
Wehmeyer Van A $850,000 Maryville Title
Big Moment Capital Fund Lp $700,000 New Title Company Name
Lofton David W $335,000 --
Jones Butler Investments Llc $395,000 --
Mullins Thomas L $374,000 --
Whitlock David Scott $376,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wehmeyer Van A $680,000
Previous Owner Big Moment Capital Fund Lp $525,000
Previous Owner Lofton David W $268,000
Previous Owner Whitlock David Scott $390,000
Previous Owner Whitlock David Scott $282,178
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2020 05/27/20 Off Market $335,000 -- --
02/27/2017 02/27/17 Sold $335,000 -15.2% $110 / Sq Ft
01/19/2017 01/19/17 Pending -- -- --
02/13/2015 02/13/15 For Sale $394,900 -- $129 / 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 $3,578 $241,760 $24,520 $217,240
2024 $3,578 $241,760 $24,520 $217,240
2023 $3,578 $241,760 $0 $0
2022 $2,426 $151,100 $15,325 $135,775
2021 $2,426 $151,100 $15,325 $135,775
2020 $1,701 $151,100 $15,325 $135,775
2019 $1,704 $84,425 $15,325 $69,100
2018 $1,704 $84,425 $15,325 $69,100
2017 $1,704 $84,425 $15,325 $69,100
2016 $1,704 $84,425 $15,325 $69,100
2015 -- $94,500 $0 $0
2014 $1,691 $94,488 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 194583

Great Smoky Mountains Association of REALTORS®

APN: 126E-A-003.00