NOT LISTED FOR SALE

529 Hoot Owl Way Gatlinburg, TN 37738

Estimated Value: $584,000 - $651,283

4 Beds
2 Baths
2,444 Sq Ft
$255/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $290,000 $119 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,498/month

2 Days on Market

Highlights

  • Pool and Spa
  • Deck
  • Wood Flooring
  • Gatlinburg Pittman High School Rated A-
  • Cathedral Ceiling
  • 2 Fireplaces

About This Home

As of June 2020

4 bedroom, 2 bath duplex cabin! Located within the Arts & Crafts Community. Only minutes to downtown Gatlinburg and near the new Rocky Top Sports Complex! This 1.5 story cabin is divided into two separate units. Each side is 2 bedrooms and 1 full bath. The current owners rent as 1 unit but you could easily rent as 2 separate units. Comes fully furnished and decorated. Makes for a great overnight rental or 2nd home! Offered at an excellent price!

Last Agent to Sell the Property

Darlene Derosia

Smoky Mountain Real Estate Cor Listed on: 04/07/2020

Last Buyer's Agent

Darlene Derosia

Smoky Mountain Real Estate Cor Listed on: 04/07/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,138

Year Built

  • Built in 1999

Lot Details

  • 1

HOA Fees

  • $55 Monthly HOA Fees

Home Design

  • Log Cabin
  • Composition Roof
  • Log Siding

Interior Spaces

  • 2,444 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Window Treatments
  • Wood Flooring
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pool and Spa
  • Deck

Additional Features

  • Property is zoned C-2
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 35

Community Details

Overview

  • Association fees include insurance, roads
  • Mtn Shadows Association
  • Mtn Shadow Resort Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,138

Year Built

Built in 1999

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Zoning: C-2
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso Association Amenities: Pool
  • Reso Association Fee Includes: Insurance, Roads
  • Subdivision Name: Mtn Shadow Resort
  • Above Grade Finished Sq Ft: 2444.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: One and One Half
  • ResoWindowFeatures: Window Treatments
  • Location Tax and Legal Tax Lot2: 35
  • Location Tax and Legal:Tax Annual Amount: 1138.0
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Above Grade Finished Area: 2444.0
  • 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
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels:One and One Half: Yes
  • Roof:Composition: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s)
  • Street Number Modifier: 529
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Roof: Composition
  • Home Warranty: No
  • Construction Type: Log
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Window Treatments: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee: 55.0
  • Association Fee Frequency: Monthly
  • Association Name: Mtn Shadows
  • Association: No

Association/Amenities

  • Association Fee Includes:Insurance: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1138.0
  • Tax Lot: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2020
Closed on
Jun 12, 2020
Sold by
Hunter Jimmy
Bought by
Cowan David A
Seller's Agent
Darlene Derosia
Smoky Mountain Real Estate Cor
Buyer's Agent
Darlene Derosia
Smoky Mountain Real Estate Cor
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%
Current Estimated Value
$623,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,761
Avg. Annual Appreciation
15.30%
Original Mortgage
$228,560
Outstanding Balance
$202,601
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$421,160

Purchase Details

Closed on
Nov 4, 2011
Sold by
The Bank Of New York Mello
Bought by
Hunter Jimmy and Hunter Ellen

Purchase Details

Closed on
Apr 25, 2011
Sold by
Smith Jason Todd
Bought by
The Bank Of New York Mellon Tr
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
Cowan David A $285,700 None Available
Hunter Jimmy $120,500 --
The Bank Of New York Mellon Tr $100,893 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cowan David A $228,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2020 09/10/20 Off Market $290,000 -- --
06/12/2020 06/12/20 Sold $290,000 -3.3% $119 / Sq Ft
04/07/2020 04/07/20 For Sale $299,900 -- $123 / 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 $2,058 $139,080 $12,000 $127,080
2024 $2,058 $139,080 $12,000 $127,080
2023 $2,058 $139,080 $0 $0
2022 $1,395 $86,925 $7,500 $79,425
2021 $1,395 $86,925 $7,500 $79,425
2020 $1,137 $86,925 $7,500 $79,425
2019 $1,139 $56,375 $8,625 $47,750
2018 $1,139 $56,375 $8,625 $47,750
2017 $1,170 $57,950 $8,625 $49,325
2016 $1,170 $57,950 $8,625 $49,325
2015 -- $58,325 $0 $0
2014 $1,044 $58,326 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 227742

Great Smoky Mountains Association of REALTORS®

APN: 117M-E-001.00-035