NOT LISTED FOR SALE

664 Pinecrest Dr Gatlinburg, TN 37738

Estimated Value: $1,628,850

0.76 Acre
$2,143,224 Price per Acre
33,106 Sq Ft Lot

Last Sold July 31, 2018

Last sale price $55,000 $31 Per Sq Ft

Est. 2,862% increase in value since last sale

Current estimated payment $9,158/month

126 Days on Market

Highlights

  • 0.76 Acre Lot
  • Mountain View
  • Mountainous Lot
  • Gatlinburg Pittman High School Rated A-
  • Clubhouse
  • Wooded Lot

About This Lot

As of July 2018

REDUCED...MAKE AN OFFER! What an AMAZING VIEW you will enjoy from the wonderful 3/4-acre lot in Chalet Village North, which faces east for SUNRISES THAT WILL BOWL YOU OVER! A three-bedroom approved septic system is already in place, due to home that burned in the fire November 2016. Perfect location for a full-time or second home, or for an overnight rental property. Just a few minutes into downtown Gatlinburg and all area restaurants, shopping, and attractions, including Ober Gatlinburg and the National Park. If you have been considering building in the Smokies area but were holding out for the great view, come check this lot out today!

Last Agent to Sell the Property

SHAWN SOMERFIELD

Mountain Realty Group License #318260 Listed on: 02/27/2018

Last Buyer's Agent

Eric Orta

Pristine Realty, INC. License #333988

Pristine Realty, INC.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $244

Lot Details

  • 0.76 Acre Lot
  • Property fronts a county road
  • Steep Slope
  • Mountainous Lot
  • Wooded Lot

Property Views

  • Mountain Views

Utilities

  • Septic Tank
  • Septic Permit Issued
  • Sewer Not Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 503/

Community Details

Overview

  • No Home Owners Association
  • Association fees include insurance
  • Chalet Village North Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$244

Lot Details

0

Listing Details

  • Property Type: Land
  • Zoning: R-1
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Mountainous, Sloped, Steep Slope, Wooded
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Reso Association Amenities: Clubhouse, Pool, Tennis Court(s)
  • Reso Association Fee Includes: Insurance
  • Co List Office Mls Id: 499
  • Subdivision Name: Chalet Village North
  • Location Tax and Legal Tax Lot2: 503/
  • Location Tax and Legal:Tax Annual Amount: 244.13
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Lot Size Acres: 0.76
  • General Property Information View YN2: Yes
  • Association Amenities Pool2: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Road Frontage Type County Road: Yes
  • Utilities:Cable Available: Yes
  • General Property Information Lot Size Dimensions: 68.22/257.21/180/201.01
  • Association Amenities Tennis Court(s)4: Yes
  • Sewer None23: Yes
  • Septic ApprovedPermit:_three_ Bed: Yes
  • Lot Features Mountainous: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 664
  • Possible Use: Residential, Single Family

Exterior Features

  • Acres: 0.76
  • View: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Steep Slope: Yes

Utilities

  • Sewer: Septic Tank, None
  • Utilities: Cable Available
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 24.75
  • Association: No

Association/Amenities

  • Association Amenities:Clubhouse2: Yes
  • Association Fee Includes:Insurance: Yes

Lot Info

  • Lot Dimensions: 68.22/257.21/180/201.01
  • Lot Size Sq Ft: 33105.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 244.13
  • Tax Lot: 503/

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2022
Sold by
Molentino Fabio A
Bought by
Willow Investments Group Llc
Current Estimated Value
$1,628,850

Purchase Details

Closed on
Mar 7, 2022
Sold by
Zeus Invest Group Llc
Bought by
Molentino Fabio A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2018
Closed on
Jul 31, 2018
Sold by
Make A Way Llc
Bought by
Zeus Invest Group Llc
Seller's Agent
SHAWN SOMERFIELD
Mountain Realty Group
Buyer's Agent
Eric Orta
Pristine Realty, INC.
List Price
$79,500
Sold Price
$55,000
Premium/Discount to List
-$24,500
-30.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.09%

Purchase Details

Listed on
Apr 17, 2017
Closed on
May 15, 2017
Sold by
Eberts Edward P
Bought by
Harman Joshua M
Seller's Agent
Darlene Derosia
Smoky Mountain Real Estate Cor
Buyer's Agent
SHAWN SOMERFIELD
Mountain Realty Group
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.29%

Purchase Details

Listed on
Apr 17, 2017
Closed on
Apr 5, 2017
Sold by
Harman Joshua M
Bought by
Make A Way Llc
Seller's Agent
Darlene Derosia
Smoky Mountain Real Estate Cor
Buyer's Agent
SHAWN SOMERFIELD
Mountain Realty Group
Sold Price
$35,000

Purchase Details

Closed on
Aug 27, 1997
Sold by
Oser Larry E and Oser Donna M
Bought by
Eberts Edward P

Purchase Details

Closed on
Apr 30, 1993
Bought by
Oser Larry E and Oser Donna M

Purchase Details

Closed on
Feb 4, 1992
Bought by
Farragut Betty Joyce and Farragut Oscar L
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
Willow Investments Group Llc -- --
Molentino Fabio A -- Lockeland Law Group Plc
Zeus Invest Group Llc $55,000 Smoky Mountain Title
Harman Joshua M $35,000 --
Make A Way Llc -- Smoky Mountain Title
Eberts Edward P $148,000 --
Oser Larry E $152,000 --
Farragut Betty Joyce $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Molentino Fabio A $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2019 10/29/19 Off Market $55,000 -- --
08/13/2018 08/13/18 Off Market $35,000 -- --
07/31/2018 07/31/18 Sold $55,000 -30.8% $31 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $79,500 +127.1% $44 / Sq Ft
05/15/2017 05/15/17 Sold $35,000 0.0% $20 / Sq Ft View Prior Sale
05/15/2017 05/15/17 Sold $35,000 -12.3% $20 / Sq Ft View Prior Sale
04/27/2017 04/27/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $39,900 -- $22 / 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 $6,268 $423,520 $27,000 $396,520
2024 $6,268 $423,520 $27,000 $396,520
2023 $6,268 $423,520 $0 $0
2022 $3,918 $264,700 $16,875 $247,825
2021 $3,918 $264,700 $16,875 $247,825
2020 $1,224 $264,700 $16,875 $247,825
2019 $244 $13,125 $13,125 $0
2018 $244 $13,125 $13,125 $0
2017 $244 $13,125 $13,125 $0
2016 $801 $43,050 $13,125 $29,925
2015 -- $50,250 $0 $0
2014 $819 $50,244 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 214606

Great Smoky Mountains Association of REALTORS®

APN: 126B-E-030.00