NOT LISTED FOR SALE

663 Kings Way Gatlinburg, TN 37738

Estimated Value: $998,349 - $1,048,000

3 Beds
2.5 Baths
2,664 Sq Ft
$384/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $984,500 $370 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,652/month

25 Days on Market

Highlights

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

About This Home

As of October 2023

This cabin is not only a cozy sanctuary but also a lucrative short-term rental opportunity, perfectly suited to accommodate 10-12 guests. $110-$140k projected gross income. With its charming cabin aesthetics, modern comforts, and strategic location, this property truly encapsulates the best of both worlds. This spacious haven offers ample room for everyone to unwind and recharge. Featuring a large open kitchen, hot tub, breathtaking panoramic views, screened-in porch, covered second-story deck, game/bonus room, true 3 bedroom, and a 5-minute drive to the Parkway and Gatlinburg. Modern craftsmanship and design while maintaining a rustic cabin allure.

Last Agent to Sell the Property

Jacob Armbrester

eXp Realty, LLC 7720 License #357728 Listed on: 08/28/2023

eXp Realty, LLC 7720

Last Buyer's Agent

Derek Tellier

eXp Realty, LLC 7720 License #348034

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,617

Year Built

  • Built in 2018

Lot Details

  • 0.41 Acre Lot
  • Property fronts a county road

Home Design

  • Cabin
  • Metal Roof
  • Cement Siding
  • Cedar Siding

Interior Spaces

  • 2,664 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Great Room
  • Bonus Room
  • Mountain Views
  • Crawl Space
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pool and Spa
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Septic Permit Issued
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Kingsridge Subdivision

Listing and Financial Details

  • Tax Lot 811.04/2

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,617

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: County Road
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 701
  • Subdivision Name: Kingsridge
  • Above Grade Finished Sq Ft: 2664.0
  • Architectural Style: Cabin
  • Fireplace: Yes
  • Unit Levels: Two
  • ResoWindowFeatures: Double Pane Windows
  • Location Tax and Legal Tax Lot2: 811.04/2
  • Location Tax and Legal:Tax Annual Amount: 2616.89
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Lot Size Acres: 0.41
  • General Property Information Above Grade Finished Area: 2664.0
  • General Property Information:Bathrooms Half: 1
  • General Property Information Bonus Room YN2: Yes
  • 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 Cabin2: Yes
  • Attic Features Access Only: Yes
  • Cooling:Central Air: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Road Frontage Type County Road: Yes
  • Sewer Septic Permit On File: Yes
  • Utilities:Cable Available: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Ceiling Fan(s), Great Room, Solid Surface Counters
  • Street Number Modifier: 663
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Electric
  • Appliances Dishwasher: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Ceiling Fans: Yes
  • Appliances:Electric Cooktop: Yes
  • Interior Features:Solid Surface Counters: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Metal
  • Acres: 0.41
  • View: Yes
  • Home Warranty: No
  • Construction Type: Cement Siding
  • Patio And Porch Features: Covered, Deck, Porch, Screened
  • Exterior Features:Rain Gutters: 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:Double Pane Windows: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Cement Siding: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank, Septic Permit On File
  • Utilities: Cable Available
  • 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 Size Sq Ft: 17859.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2616.89
  • Tax Lot: 811.04/2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2023
Closed on
Oct 12, 2023
Sold by
Faria Gabriel A
Bought by
Jiang And-Feng Family Trust and Jiang
Seller's Agent
Jacob Armbrester
eXp Realty, LLC 7720
Buyer's Agent
Derek Tellier
eXp Realty, LLC 7720
List Price
$1,092,500
Sold Price
$984,500
Premium/Discount to List
-$108,000
-9.89%
Views
48
Current Estimated Value
$1,023,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,675
Avg. Annual Appreciation
6.84%

Purchase Details

Listed on
Mar 9, 2020
Closed on
Oct 9, 2020
Sold by
Holt Annie Katherine
Bought by
Faria Gabriel A
Seller's Agent
Bryan Kendrick
United Real Estate Solutions
Buyer's Agent
Austen Trotter
eXp Realty, LLC Maryville
List Price
$649,000
Sold Price
$619,000
Premium/Discount to List
-$30,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.73%
Original Mortgage
$495,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 13, 2012
Closed on
May 23, 2013
Sold by
Evans Cheryl L Truste
Bought by
Holt Annie Katherine
Seller's Agent
Phillip Derosia
Robert Slack LLC
Buyer's Agent
Non Member Non Member
Non-Member Office
Sold Price
$146,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.56%
Original Mortgage
$106,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2005
Sold by
Murray Joseph R
Bought by
Evans Cheryl L Trustee

Purchase Details

Closed on
Dec 3, 1992
Bought by
Murray Joseph R and Murray Carolyn M

Purchase Details

Closed on
May 6, 1992
Bought by
Cuna Mtg Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jiang And-Feng Family Trust $984,500 Wagon Wheel Title
Faria Gabriel A $619,000 Foothills Title Services Inc
Holt Annie Katherine $146,000 --
Evans Cheryl L Trustee -- --
Evans Cheryl Trustee -- --
Murray Joseph R $55,000 --
Cuna Mtg Corp $58,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faria Gabriel A $495,200
Previous Owner Holt Annie Katherine $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $984,500 -9.9% $370 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $1,092,500 +76.5% $410 / Sq Ft
01/11/2021 01/11/21 Off Market $619,000 -- --
10/13/2020 10/13/20 Sold $619,000 -4.6% $246 / Sq Ft
03/09/2020 03/09/20 For Sale $649,000 +344.5% $258 / Sq Ft
05/23/2013 05/23/13 Sold $146,000 -- $111 / 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 $2,412 $162,975 $15,000 $147,975
2024 $2,412 $162,975 $15,000 $147,975
2023 $2,412 $162,975 $0 $0
2022 $2,617 $162,975 $15,000 $147,975
2021 $2,617 $162,975 $15,000 $147,975
2020 $1,720 $162,975 $15,000 $147,975
2019 $1,723 $85,325 $15,000 $70,325
2018 $1,723 $85,325 $15,000 $70,325
2017 $303 $85,325 $15,000 $70,325
2016 $673 $33,325 $15,000 $18,325
2015 -- $32,825 $0 $0
2014 $587 $32,835 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 261072

Great Smoky Mountains Association of REALTORS®

APN: 116L-B-022.00