$891,500
SOLD NOV 12, 2021

531 Gatlin Dr Gatlinburg, TN 37738

5 Beds
3 Baths
2,808 Sq Ft
0.57 Acres

Recently Sold

$317 Per Sq Ft

5% Above List Price

2 Days on Market

Highlights

  • Pool and Spa
  • Mountain View
  • Private Lot
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of November 2021

Don't miss this one! Same owner for the last fifteen years. It has been making great revenue and has many recent upgrades. This would be a great home or a great investment property. It's location off of Hwy 321 is very close to downtown Gatlinburg and all it has to offer. This 2,800 sq ft home has five bedrooms and three full bathrooms. The common indoor and outdoor areas are perfect for entertaining or for family gatherings. Recent upgrades include a complete high end staining of the outdoor areas, new tile floors in all bathrooms, new pool table felt, new televisions, landscaping stones, and appliances and wood floors in the den are around five years old. The property has been well-maintained and most of the furniture will stay with the home. Step out onto the decks of this Gatlinburg cabin and breathe in the fresh Smoky Mountain air. Spend time here as you have a meal at the table, enjoy your morning coffee in the chairs, or soothe your tired muscles in the hot tub. The wooded surroundings and distant mountain views will leave you wanting to call this place home. Current revenue sits at $75,000 including upcoming reservations. 53 “owner nights” for renovations and upgrades in 2021 and further outstanding open dates could have yielded an additional $20-25k. This can be a $90-100K gross annual income property, as a pure investment property. Link to Property Management website for Unforgettable: https://www.cabinsforyou.com/unforgettable.htm.

Last Agent to Sell the Property

Misty Patterson

Cabins For You Realty License #344846 Listed on: 09/21/2021

Last Buyer's Agent

Karen Chenaille

eXp Realty, LLC 7765 License #358817

eXp Realty, LLC 7765

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,433

Year Built

  • Built in 2000

Lot Details

  • 0.57 Acre Lot
  • Private Lot
  • Wooded Lot

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Wood Flooring
  • Mountain Views
  • Attic Access Panel
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pool and Spa
  • Deck
  • Rain Gutters

Utilities

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

Community Details

  • No Home Owners Association
  • Montgomery Woods Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 001.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,433

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2000
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLotFeatures: Private, Wooded
  • ResoPoolFeatures: Hot Tub
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 850
  • Subdivision Name: Montgomery Woods
  • Above Grade Finished Sq Ft: 1728.0
  • Architectural Style: Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Location Tax and Legal Parcel Number2: 001.03
  • Location Tax and Legal Tax Lot2: 1
  • Location Tax and Legal:Tax Annual Amount: 1433.0
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.57
  • General Property Information Above Grade Finished Area: 1728.0
  • General Property Information Below Grade Finished Area: 1080.0
  • 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
  • General Property Information View YN2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Log2: Yes
  • Attic Features Access Only: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Utilities:Cable Available: Yes
  • Levels Three Or More: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished
  • Appliances: Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet, Solid Surface Counters
  • Street Number Modifier: 531
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1080.0
  • Fireplace Features: Gas Log
  • Appliances Dishwasher: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Solid Surface Counters: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Metal
  • Acres: 0.57
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Private2: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 24829.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 001.03
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1433.0
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2023
Sold by
Greenbaum Bob and Greenbaum Mary
Bought by
Kal El Llc

Purchase Details

Listed on
Sep 21, 2021
Closed on
Nov 12, 2021
Sold by
Santa Llc
Bought by
Dold Robert
Seller's Agent
Misty Patterson
Cabins For You Realty
Buyer's Agent
Karen Chenaille
eXp Realty, LLC 7765
List Price
$849,900
Sold Price
$891,500
Premium/Discount to List
$41,600
4.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.52%
Original Mortgage
$713,200
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2005
Sold by
Ralph Sanford
Bought by
Santer Llc

Purchase Details

Closed on
Dec 29, 2004
Sold by
Lester James L
Bought by
Fannin Lester Beth

Purchase Details

Closed on
Nov 13, 2002
Sold by
Larry Smith
Bought by
Ralph Sandord

Purchase Details

Closed on
Aug 29, 2000
Sold by
Larry Smith
Bought by
Larry Smith

Purchase Details

Closed on
Aug 9, 1999
Sold by
Gauntner Bret D
Bought by
Larry Smith

Purchase Details

Closed on
Jun 26, 1995
Bought by
Gruntner Bret D
Source: Public Records

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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
Quit Claim Deed -- None Listed On Document
Warranty Deed $891,500 Maryville Title Agency Inc
Deed -- --
Deed -- --
Deed $450,000 --
Deed -- --
Deed $45,000 --
Warranty Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $713,200 New Conventional
Previous Owner $468,000 No Value Available
Previous Owner $240,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2025 05/31/25 Price Changed $1,070,000 0.0% $381 / Sq Ft
05/31/2025 05/31/25 For Sale $1,070,000 +1.9% $381 / Sq Ft
03/12/2025 03/12/25 Off Market $1,049,900 -- --
03/04/2025 03/04/25 Price Changed $1,049,900 -1.9% $374 / Sq Ft
02/25/2025 02/25/25 Price Changed $1,069,900 -0.9% $381 / Sq Ft
02/16/2025 02/16/25 Price Changed $1,079,900 -0.9% $385 / Sq Ft
02/03/2025 02/03/25 Price Changed $1,089,900 -0.9% $388 / Sq Ft
01/18/2025 01/18/25 For Sale $1,099,900 +23.4% $392 / Sq Ft
02/11/2022 02/11/22 Off Market $891,500 -- --
11/12/2021 11/12/21 Sold $891,500 +4.9% $317 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $849,900 -- $303 / 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 $2,926 $197,720 $21,000 $176,720
2024 $2,926 $197,720 $21,000 $176,720
2023 $2,926 $197,720 $0 $0
2022 $1,984 $123,575 $13,125 $110,450
2021 $1,984 $123,575 $13,125 $110,450
2020 $1,431 $123,575 $13,125 $110,450
2019 $1,433 $70,975 $13,125 $57,850
2018 $1,433 $70,975 $13,125 $57,850
2017 $1,433 $70,975 $13,125 $57,850
2016 $1,433 $70,975 $13,125 $57,850
2015 -- $69,275 $0 $0
2014 $1,240 $69,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 245136

Great Smoky Mountains Association of REALTORS®

APN: 117N-A-001.03