640 Tank Hill Rd Gatlinburg, TN 37738
3
Beds
2.5
Baths
1,822
Sq Ft
0.51
Acres
Highlights
- Mountain View
- Deck
- Contemporary Architecture
- Gatlinburg Pittman High School Rated A-
- Wood Burning Stove
- Private Lot
About This Home
As of June 2025Drastic price reduction 2/18
Buyers sale fell through, so we are back on the market. Attention Investors, House Flippers, and Contractors: Here's your chance to own a fixer-upper gem in the highly sought-after Ownby Hills neighborhood in the Glades Area of Gatlinburg. Nestled just minutes away from the Great Smoky Mountains National Park and the lively Downtown Gatlinburg Strip, this property offers the perfect combination of convenience and potential. Within minutes to the famous Glades Rd Arts and Craft loop.
This 3-bedroom, 2.5-bathroom home boasts 2 two stunning river stone fireplaces and the added benefit of city utilities. Set on a peaceful half acre lot in one of the most desirable areas, this home is primed for renovation and customization.
Don't miss this rare opportunity to create a dream home or investment property in the heart of Gatlinburg! Schedule your showing today and bring your vision to life.
Last Agent to Sell the Property
All Pro REALTORS, Inc. License #287979 Listed on: 06/03/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $803
Year Built
- Built in 1975
Lot Details
- 0.51 Acre Lot
- Private Lot
- Wooded Lot
Parking
- 1 Car Garage
- 1 Carport Space
- Driveway
- Off-Street Parking
Home Design
- Contemporary Architecture
- Slab Foundation
- Frame Construction
- Composition Roof
- Lead Paint Disclosure
Interior Spaces
- 2-Story Property
- 2 Fireplaces
- Wood Burning Stove
- Wood Burning Fireplace
- Combination Dining and Living Room
- Bonus Room
- Storage
- Mountain Views
Kitchen
- Electric Cooktop
- Microwave
- Laminate Countertops
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Laundry in Basement
Outdoor Features
- Deck
- Covered Patio or Porch
Location
- City Lot
Schools
- Pi Beta Phi Elementary School
- Gatlinburg-Pittman Junior High
- Gatlinburgpittman High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- 220 Volts
- Electric Water Heater
- High Speed Internet
Community Details
- No Home Owners Association
- Ownby Hills Subdivision
Listing and Financial Details
- Property held in a trust
- Tax Lot 0020
- Assessor Parcel Number 117E C 028.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2025
Closed on
Jun 20, 2025
Sold by
Daniel I Rhymer Trust and Rhymer Daniel I
Bought by
Vincze Tamas and Vincze Erika
Seller's Agent
Patrick Malone
All Pro REALTORS, Inc.
Buyer's Agent
MISTY GREEN
Sevierville R. E. & Rentals
List Price
$205,000
Sold Price
$196,000
Premium/Discount to List
-$9,000
-4.39%
Views
93
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3341.95%
Purchase Details
Closed on
Feb 6, 2003
Sold by
Rhymer Daniel I
Bought by
Cove Elk
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.93%
Purchase Details
Closed on
Jan 11, 1993
Bought by
Rhymer Daniel I
Similar Homes in Gatlinburg, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $196,000 | Tennessee Land Title | |
| Deed | $2,500 | -- | |
| Warranty Deed | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $30,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/24/2025 06/24/25 | Sold | $196,000 | -4.4% | $108 / Sq Ft |
| 06/05/2025 06/05/25 | Pending | -- | -- | -- |
| 06/03/2025 06/03/25 | For Sale | $205,000 | 0.0% | $113 / Sq Ft |
| 02/21/2025 02/21/25 | Pending | -- | -- | -- |
| 02/18/2025 02/18/25 | Price Changed | $205,000 | -14.5% | $113 / Sq Ft |
| 01/31/2025 01/31/25 | For Sale | $239,900 | -- | $132 / Sq Ft |
Source: Great Smoky Mountains Association of REALTORS®
Tax History Compared to Growth
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 | $740 | $50,025 | $7,500 | $42,525 |
| 2024 | $740 | $50,025 | $7,500 | $42,525 |
| 2023 | $740 | $50,025 | $0 | $0 |
| 2022 | $803 | $50,025 | $7,500 | $42,525 |
| 2021 | $803 | $50,025 | $7,500 | $42,525 |
| 2020 | $679 | $50,025 | $7,500 | $42,525 |
| 2019 | $680 | $33,650 | $7,500 | $26,150 |
| 2018 | $680 | $33,650 | $7,500 | $26,150 |
| 2017 | $680 | $33,650 | $7,500 | $26,150 |
| 2016 | $680 | $33,650 | $7,500 | $26,150 |
| 2015 | -- | $37,125 | $0 | $0 |
| 2014 | $664 | $37,115 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Patrick Malone
All Pro REALTORS, Inc.
(865) 640-8387
21 in this area
123 Total Sales
-
M
Buyer's Agent in 2025
MISTY GREEN
Sevierville R. E. & Rentals
(865) 640-8159
10 in this area
26 Total Sales
Map
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 304680
APN: 117E-C-028.00
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed. Copyright 2025 Great Smoky Mountains Association of REALTORS®. All rights reserved.
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