NOT LISTED FOR SALE

649 Red Bud Ln Gatlinburg, TN 37738

Estimated Value: $723,000

4 Beds
3.5 Baths
2,654 Sq Ft
$272/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $441,000 $166 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,986/month

59 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • No HOA
  • Gatlinburg Pittman High School Rated A-
  • Bonus Room
  • 2 Car Attached Garage

About This Home

As of August 2021

OLDER CABIN BUILT IN 1938 AND HAD ADDITION IN 1991. HAS 4 BEDROOMS, HAS ANOTHER ROOM USED AS A BEDROOM BUT HAS NO WINDOW. LARGE MASTER BEDROOM WITH LIVING AREA, 2 WALK IN CLOSETS, SHOWER, JACUZZI TUB, CLOSET AND A SMALL KITCHENETT. HAS HOT TUB, BUILDING IN THE BACK NEEDS WORK OR TORN DOWN. CABIN IS "SOLD AS IS"

Last Agent to Sell the Property

Will Farmer

Key Mountain Realty LLC License #326036 Listed on: 05/25/2021

Last Buyer's Agent

Jenn Price

Weichert REALTORS Advantage Plus License #358052

Weichert REALTORS Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $943

Year Built

  • Built in 1938

Lot Details

  • 0.3 Acre Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned R-2

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 2,654 Sq Ft Home
  • Gas Log Fireplace
  • Electric Fireplace
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Crawl Space

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Cooling System Powered By Gas
  • Central Air

Community Details

  • No Home Owners Association
  • Smokey Heights Subdivision

Listing and Financial Details

  • Tax Lot 22

Home Details

Home Type

Single Family

Est. Annual Taxes

$943

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1938
  • Zoning: R-2
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Level, Wooded
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: 581
  • Subdivision Name: Smokey Heights
  • Above Grade Finished Sq Ft: 2654.0
  • Architectural Style: Cabin
  • Fireplace: Yes
  • Garage Yn: Yes
  • Location Tax and Legal Tax Lot2: 22
  • Location Tax and Legal:Tax Annual Amount: 943.0
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Lot Size Acres: 0.3
  • General Property Information Above Grade Finished Area: 2654.0
  • General Property Information:Bathrooms Half: 1
  • General Property Information Bonus Room YN2: Yes
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Cooling:Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Room Types Bedroom 2 Level: 1
  • Room Types Dining Room: Yes
  • Room Types Dining Room Level: 1
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Primary Bedroom Level: 2
  • Room Types Utility Room: Yes
  • Room Types Utility Room Level: 1
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer
  • Street Number Modifier: 649
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Electric, Gas Log
  • Total Bedrooms: 16
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Fireplace Features:Electric2: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Range Hood: Yes

Exterior Features

  • Roof: Metal
  • Acres: 0.3
  • Home Warranty: No
  • Construction Type: Log Siding
  • Patio And Porch Features: Deck
  • Lot Features:Level: Yes
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Log Siding: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Paved
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Cooling: Central Air, Electric, Gas
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • HeatingCooling:Gas2: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 943.0
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Aug 24, 2021
Sold by
Farmer William T
Bought by
Hopp Brian D
Seller's Agent
Will Farmer
Key Mountain Realty LLC
Buyer's Agent
Jenn Price
Weichert REALTORS Advantage Plus
List Price
$499,900
Sold Price
$441,000
Premium/Discount to List
-$58,900
-11.78%
Current Estimated Value
$723,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,000
Original Mortgage
$330,750
Outstanding Balance
$299,843
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2016
Sold by
Farmer Emily
Bought by
Farmer William T

Purchase Details

Listed on
Jan 7, 2013
Closed on
May 20, 2013
Sold by
Federal National Mortgage Association
Bought by
Farmer William and Farmer Emily
Seller's Agent
Jeff Schoenfield
All Pro REALTORS, Inc.
List Price
$144,900
Sold Price
$120,000
Premium/Discount to List
-$24,900
-17.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2012
Sold by
Gheesling William C
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Jul 27, 1992
Bought by
Gheesling William C
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
Hopp Brian D $441,000 Tennessee Land Title
Farmer William T -- --
Farmer William $120,000 --
Federal National Mtg Associati $289,188 --
Gheesling William C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hopp Brian D $330,750
Previous Owner Farmer William $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2021 11/23/21 Off Market $441,000 -- --
08/25/2021 08/25/21 Sold $441,000 -10.9% $166 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
07/12/2021 07/12/21 Price Changed $495,000 -1.0% $187 / Sq Ft
06/25/2021 06/25/21 For Sale $499,900 0.0% $188 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
06/03/2021 06/03/21 Price Changed $499,900 -9.1% $188 / Sq Ft
05/26/2021 05/26/21 For Sale $549,900 +358.3% $207 / Sq Ft
08/18/2016 08/18/16 Off Market $120,000 -- --
05/20/2013 05/20/13 Sold $120,000 -17.2% $42 / Sq Ft View Prior Sale
03/29/2013 03/29/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $144,900 -- $51 / 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 $2,323 $156,960 $17,520 $139,440
2024 $1,452 $98,100 $10,950 $87,150
2023 $1,452 $98,100 $0 $0
2022 $1,575 $98,100 $10,950 $87,150
2021 $1,575 $98,100 $10,950 $87,150
2020 $1,076 $98,100 $10,950 $87,150
2019 $1,078 $53,375 $10,950 $42,425
2018 $1,078 $53,375 $10,950 $42,425
2017 $1,078 $53,375 $10,950 $42,425
2016 $1,078 $53,375 $10,950 $42,425
2015 -- $52,750 $0 $0
2014 $944 $52,756 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 242773

Great Smoky Mountains Association of REALTORS®

APN: 126F-A-014.00