NOT LISTED FOR SALE

531 Hoot Owl Way Gatlinburg, TN 37738

Estimated Value: $509,000 - $559,000

2 Beds
2 Baths
1,404 Sq Ft
$383/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $522,000 $372 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,049/month

1 Day on Market

Highlights

  • Clubhouse
  • Deck
  • 2 Fireplaces
  • Gatlinburg Pittman High School Rated A-
  • Wooded Lot
  • Community Pool

About This Home

As of November 2021

****MULTIPLE OFFERS-BEST AND FINAL 9/16 @ 6PM This cabin has IMMACULATE detail! All new appliances, new deck, roof, gutters (2019), tankless water heater to name a few upgrades. Inside Gatlinburg city limits, level drive, a short distance from the Art & Craft District. Mountain Shadows Resort offers 2 pools, clubhouse, pavilion, even in-cabin massages available! The floor plan incorporates 2 bedrooms, the main with a an ensuite, a modern kitchen with quality appliances, a whirlpool tub, a cleverly concealed laundry, and a spacious living/dining area. With its warm sense of community, and only moments to shops and eateries this cabin provides all the elements for relaxing. Buyer to verify square footage and lot size to verify square feet and other information

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $961

Year Built

  • Built in 1999

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $65 Monthly HOA Fees

Home Design

  • Log Cabin
  • Frame Construction
  • Log Siding

Interior Spaces

  • 1,404 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Laminate Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 117M E 00100 000

Community Details

Overview

  • Mtn Shadows Resort Comm Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$961

Year Built

Built in 1999

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • Year Built: 1999
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Laminate
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1404
  • Building Area Units: Square Feet
  • Living Area: 1404
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Frame, 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
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Association Fee: 65
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse, Pool, Sidewalks
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Features: Wooded, Level
  • Lot Size Acres: 0.1
  • 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: 961

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Nov 5, 2021
Sold by
Verrette Lecia and Romero Heather
Bought by
Crocker Rachael and Crocker Robert
List Price
$500,000
Sold Price
$522,000
Premium/Discount to List
$22,000
4.4%
Current Estimated Value
$537,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,169
Avg. Annual Appreciation
0.72%
Original Mortgage
$469,800
Outstanding Balance
$430,610
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$106,559

Purchase Details

Closed on
May 5, 2017
Sold by
Young Burton W
Bought by
Verrette Theo and Verrette Lecia

Purchase Details

Closed on
Apr 22, 2015
Sold by
Adler Scott A
Bought by
Young Burton W and Lee Sharon L

Purchase Details

Listed on
Jul 3, 2013
Closed on
Oct 4, 2013
Sold by
Federal National Mortgage Association
Bought by
Alder Scott A and Alder Ray A
Seller's Agent
Elizabeth McDaniel
Weichert REALTORS Advantage Plus
Buyer's Agent
Non Member Non Member
Non-Member Office
Sold Price
$77,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.40%

Purchase Details

Listed on
Jul 3, 2013
Closed on
Oct 2, 2013
Sold by
Adler Ray A
Bought by
Adler Scott A
Seller's Agent
Elizabeth McDaniel
Weichert REALTORS Advantage Plus
Buyer's Agent
Non Member Non Member
Non-Member Office
Sold Price
$77,500

Purchase Details

Closed on
Jan 23, 2013
Sold by
Lindesmith William C
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Mar 8, 2002
Sold by
Mountain Shadows Resort
Bought by
Lindesmith William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.98%
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
Crocker Rachael $522,000 Title Co Gatlinburg
Verrette Theo $187,500 --
Young Burton W $124,000 --
Alder Scott A $77,500 --
Adler Scott A -- --
Federal National Mtg Associati $104,302 --
Lindesmith William C $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crocker Rachael $469,800
Previous Owner Lindesmith William C $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2021 11/05/21 Sold $522,000 +4.4% $372 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $500,000 +545.2% $356 / Sq Ft
10/04/2013 10/04/13 Sold $77,500 -- $55 / Sq Ft View Prior Sale
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 $2,006 $135,560 $13,800 $121,760
2024 $2,006 $135,560 $13,800 $121,760
2023 $2,006 $135,560 $0 $0
2022 $1,361 $84,725 $8,625 $76,100
2021 $1,361 $84,725 $8,625 $76,100
2020 $959 $84,725 $8,625 $76,100
2019 $961 $47,600 $8,625 $38,975
2018 $961 $47,600 $8,625 $38,975
2017 $961 $47,600 $8,625 $38,975
2016 $961 $47,600 $8,625 $38,975
2015 -- $49,000 $0 $0
2014 $877 $48,995 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth McDaniel

    Seller's Agent in 2013

    Elizabeth McDaniel

    Weichert REALTORS Advantage Plus

    (865) 599-0084

    61 Total Sales

    Elizabeth McDaniel
    Section Image

  • N

    Buyer's Agent in 2013

    Non Member Non Member

    Non-Member Office

See All Agents

Map

Source: Realtracs

MLS Number: 2841455

Realtracs

APN: 117M-E-001.00-034

Tennessee Sevier County Gatlinburg 37738

531 Hoot Owl Way, Gatlinburg, TN

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