$920,000
SOLD SEP 16, 2024

651 Kings Way Gatlinburg, TN 37738

3 Beds
3 Baths
2,719 Sq Ft
0.43 Acres

Recently Sold

$338 Per Sq Ft

16% Below List Price

5 Days on Market

Highlights

  • Pool and Spa
  • Mountain View
  • Wood Flooring
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Bonus Room

About This Home

As of September 2024

Motivated sellers who are seeking a quick close. Priced below appraised value. Welcome to this 2017 custom-built, one-owner residence, a harmonious blend of rustic charm and modern luxury, situated on a tranquil half-acre lot. This 3 bedroom, 3 bath cabin is ideal for family
gatherings yet intimate enough to be enjoyed by two people. Every inch of space is thoughtfully utilized, with a partially finished lower level offering ample room for storage, an optional workspace, and a game room.
Enjoy unparalleled mountain views from the covered wrap-around porch, where you can savor your morning coffee. The inviting living room, with its beautiful wood-burning fireplace, offers a cozy retreat. The master
bathroom features a luxurious tiles walk-in shower and soaking tub, opening to a serene screened-in 3 seasons porch. The outdoor living space is designed for ultimate relaxation and entertaining, complete with a
fireplace, a sitting area, and a hot tub perfect for stargazing or hosting gatherings with friends and family. Gatlinburg is home to the Great Smoky Arts & Crafts Community, an eight-mile loop with over 100 shops of
handmade crafts. It is also the gateway to the Great Smoky Mountains National Park, the most visited park in the United States. A mere 7 miles down the road is the vacation destination, Pigeon Forge and home of
Dollywood, country singer Dolly Parton's Appalachian theme park. The surrounding area is one of America's premier outdoor destinations with access to 800 miles of hiking trails, whitewater rafting and world class golf.
Don't miss this rare opportunity to own a piece of paradise. Schedule a showing today and experience the incredible beauty of 651 Kings Way for yourself. A showstopping listing video can be found on YouTube. Buy with confidence!

Last Agent to Sell the Property

Kimberly Aldridge

ReMax Preferred Properties, In License #332132 Listed on: 08/13/2024

ReMax Preferred Properties, In

Last Buyer's Agent

Misty Ramsey

MG Rise Real Estate Group License #347742

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,905

Year Built

  • Built in 2017

Lot Details

  • 0.43 Acre Lot
  • Landscaped
  • Lot Sloped Down

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Bonus Room
  • Storage
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Range Hood
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Laundry in Kitchen
  • Washer and Electric Dryer Hookup

Partially Finished Basement

  • Walk-Out Basement
  • Basement Storage

Parking

  • 4 Carport Spaces
  • No Garage
  • Parking Available
  • Driveway
  • Paved Parking
  • Off-Street Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Visitor Bathroom
  • Accessible Bedroom
  • Accessible Kitchen
  • Kitchen Appliances
  • Accessibility Features
  • Accessible Approach with Ramp
  • Accessible Entrance

Outdoor Features

  • Pool and Spa
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Kingsridge Subdivision

Listing and Financial Details

  • Tax Lot 811.04/2
  • Assessor Parcel Number 116L B 02000 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,905

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2017
  • Zoning: R-1
  • Current Use: Residential, Single Family
  • Reso Property Sub Type: Cabin
  • NumberUnfurnished: Unfurnished
  • Horses: No
  • ResoLaundryFeatures: Electric Dryer Hookup, In Kitchen, Main Level, Washer Hookup
  • ResoLotFeatures: Landscaped, Rolling Slope, Sloped Down, Views
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Pets Allowed: Cats OK, Dogs OK
  • Co List Office Mls Id: 864
  • Subdivision Name: Kingsridge
  • Above Grade Finished Sq Ft: 1974.0
  • Reso Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Central Living Area, Accessible Entrance, Accessible Full Bath, Accessible Kitchen, Accessible Kitchen Appliances, Visitor Bathroom
  • Architectural Style: Cabin
  • Carport Spaces: 4.0
  • Fireplace: Yes
  • Reso Flooring: Carpet, Tile, Wood
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • ResoWindowFeatures: Blinds, Window Treatments
  • Location Tax and Legal New Construction YN: No
  • Location Tax and Legal Parcel Number2: 116L B 02000 000
  • Location Tax and Legal Tax Lot2: 811.04/2
  • Location Tax and Legal:Tax Annual Amount: 1905.16
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Lot Size Acres: 0.43
  • General Property Information Above Grade Finished Area: 1974.0
  • General Property Information Below Grade Finished Area: 745.0
  • General Property Information Bonus Room YN2: Yes
  • General Property Information:Furnished: Unfurnished
  • 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 Microwave: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style Cabin2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Sewer:Public Sewer: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • General Property Information Waterfront YN: No
  • Levels:Two: Yes
  • General Property Information Accessibility Features YN2: Yes
  • General Property Information Lot Size Dimensions: 125.3 X 152.7 IRR
  • Utilities Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Pool Features Hot Tub: Yes
  • General Property Information:Stories Total: 2
  • General Property Information Fireplace YN: Yes
  • General Property Information Property Attached YN: No
  • Interior Features LivingDining Combo: Yes
  • Interior Features Walk-In Shower(s): Yes
  • Laundry Features:Main Level: Yes
  • General Property Information Horse YN2: No
  • Main Room Levels Main Level Bathrooms: 2
  • Main Room Levels Main Level Bedrooms: 1
  • Common Walls:No Common Walls: Yes
  • Flooring:Carpet: Yes
  • General Property Information Carport Spaces2: 4.0
  • Utilities Sewer Connected: Yes
  • Flooring Tile: Yes
  • Utilities Cable Connected: Yes
  • Utilities High Speed Internet Connected: Yes
  • Pets Allowed Dogs OK: Yes
  • Pets Allowed Cats OK: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Partially Finished, Storage Space, Walk-Out Access
  • Appliances: Electric Cooktop, Electric Water Heater, Microwave, Range Hood, Refrigerator, Other
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Living/Dining Combo, Soaking Tub, Storage, Walk-In Shower(s)
  • Street Number Modifier: 651
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 745.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Stories: 2
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement:Walk-Out Access: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Wood Burning: Yes
  • Basement:Partially Finished: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Storage3: Yes
  • Basement:Storage Space: Yes
  • Interior Features:Breakfast Bar: Yes
  • Laundry Features:In Kitchen: Yes

Exterior Features

  • Roof: Metal
  • Acres: 0.43
  • View: Yes
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Log
  • Patio And Porch Features: Covered, Deck, Enclosed, Porch, Screened
  • Construction Materials:Log: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Window Features:Window Treatments: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Views: Yes
  • Accessibility Features:Accessible Central Living Area: Yes
  • Window Features:Blinds: Yes
  • Accessibility Features:Accessible Entrance: Yes
  • Accessibility Features:Accessible Kitchen: Yes
  • Lot Features:Landscaped: Yes
  • Accessibility Features:Accessible Bedroom: Yes
  • Accessibility Features:Accessible Full Bath: Yes
  • Accessibility Features:Accessible Kitchen Appliances: Yes
  • Patio And Porch Features:Enclosed2: Yes
  • Lot Features:Sloped Down: Yes
  • Accessibility Features:Accessible Approach with Ramp: Yes
  • Accessibility Features:Visitor Bathroom: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, No Garage, Off Street, Paved
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:Concrete2: Yes
  • Parking Features:Other Parking: 4

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer, Septic Tank
  • Utilities: Cable Connected, Electricity Connected, High Speed Internet Connected, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 125.3 X 152.7 IRR
  • Lot Size Sq Ft: 18730.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 116L B 02000 000

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1905.16
  • Tax Lot: 811.04/2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Sep 16, 2024
Sold by
Oleary George D and Oleary Susan E
Bought by
Sasson Meital Yitzhak and Sasson Itamar
Seller's Agent
Kimberly Aldridge
ReMax Preferred Properties, In
Buyer's Agent
Misty Ramsey
MG Rise Real Estate Group
List Price
$1,100,000
Sold Price
$920,000
Premium/Discount to List
-$180,000
-16.36%
Views
57
Current Estimated Value
$960,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,575
Avg. Annual Appreciation
11.24%
Original Mortgage
$736,000
Outstanding Balance
$729,143
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$293,211

Purchase Details

Listed on
Apr 24, 2010
Closed on
Apr 19, 2012
Sold by
Lesser Warren P
Bought by
Oleary George D and Oleary Susan E
Seller's Agent
Bill Soller
THOMPSON CARR REAL ESTATE LLC
Buyer's Agent
Beth Smith
Century 21 Four Seasons Realty Parkway
List Price
$229,900
Sold Price
$153,500
Premium/Discount to List
-$76,400
-33.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.51%
Original Mortgage
$122,800
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 2002
Sold by
Lucien Joubert and Lucien Karen
Bought by
Lesser Warren P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5.95%

Purchase Details

Closed on
Mar 5, 1999
Sold by
Ogle Earl W and And Caroline And
Bought by
Lucien Joubert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.74%

Purchase Details

Closed on
Jan 30, 1997
Sold by
Perdue Dolores G
Bought by
Ogle Earl W and Ogle Caroline
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $920,000 Smoky Mountain Title
Warranty Deed $153,500 --
Deed $173,000 --
Deed $160,000 --
Deed $140,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $736,000 New Conventional
Previous Owner $260,649 New Conventional
Previous Owner $45,000 Credit Line Revolving
Previous Owner $122,800 Commercial
Previous Owner $50,000 No Value Available
Previous Owner $40,000 No Value Available
Previous Owner $126,000 No Value Available
Previous Owner $145,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 Sold $920,000 -3.2% $338 / Sq Ft
08/15/2024 08/15/24 Price Changed $950,000 -13.6% $349 / Sq Ft
08/13/2024 08/13/24 For Sale $1,100,000 0.0% $405 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/23/2024 07/23/24 For Sale $1,100,000 +616.6% $405 / Sq Ft
07/18/2015 07/18/15 Off Market $153,500 -- --
04/19/2012 04/19/12 Sold $153,500 -33.2% $98 / Sq Ft
03/12/2012 03/12/12 Pending -- -- --
04/24/2010 04/24/10 For Sale $229,900 -- $146 / 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 $1,756 $189,840 $24,000 $165,840
2024 $1,756 $118,650 $15,000 $103,650
2023 $1,756 $118,650 $0 $0
2022 $1,905 $118,650 $15,000 $103,650
2021 $1,905 $118,650 $15,000 $103,650
2020 $1,693 $118,650 $15,000 $103,650
2019 $1,696 $84,000 $15,000 $69,000
2018 $1,696 $84,000 $15,000 $69,000
2017 $303 $15,000 $15,000 $0
2016 $953 $47,225 $15,000 $32,225
2015 -- $47,725 $0 $0
2014 $854 $47,732 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 302184

Great Smoky Mountains Association of REALTORS®

APN: 116L-B-020.00