NOT LISTED FOR SALE

668 Park Vista Way Gatlinburg, TN 37738

Estimated Value: $683,051 - $723,000

2 Beds
2 Baths
1,404 Sq Ft
$496/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $625,000 $445 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,217/month

130 Days on Market

Highlights

  • Bonus Room
  • Gatlinburg Pittman High School Rated A-
  • Cabin

About This Home

As of September 2021

NEWLY RENOVATED! This is a brand new 2 bedroom, 2 bathroom cabin with one of the most spectacular views in our area is now ready for potential buyers to view! Projected to earn $60,000-$70,000 annually, this property is an impressive vacation rental investment opportunity. This cabin is in the Gatlinburg Falls Park View Resort which offers spectacular views of the Smoky Mountains, a workout facility, and an outdoor pool. Located only 1 mile from the main parkway in Gatlinburg, this cabin is conveniently located to all the attractions in the Smoky Mountains. This property is being sold fully furnished and ready to rent. With multiple nights already booked in 2021, this property is required to remain on the Venture Resorts rental program for 6 months after closing. Please contact the listing agent to schedule a showing!

Last Agent to Sell the Property

Angelina Knight

Great Mountain Realty LLC Listed on: 03/25/2021

Last Buyer's Agent

Luisa Dees

Prime Mountain Properties License #332553

Prime Mountain Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,049

Year Built

  • Built in 2009

Lot Details

  • Property is zoned R-2

HOA Fees

  • $268 Monthly HOA Fees

Home Design

  • Cabin

Interior Spaces

  • Bonus Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Private Water Source
  • Shared Septic

Community Details

  • Wise Property Solutions Association
  • Gatlinburg Falls Subdivision

Listing and Financial Details

  • Tax Lot 37

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,049

Year Built

Built in 2009

Lot Details

0

HOA Fees

$268 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2009
  • Zoning: R-2
  • Reso Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 576
  • Subdivision Name: Gatlinburg Falls
  • Above Grade Finished Sq Ft: 702.0
  • Architectural Style: Cabin
  • Location Tax and Legal Tax Lot2: 37
  • Location Tax and Legal:Tax Annual Amount: 1049.48
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Above Grade Finished Area: 702.0
  • General Property Information Below Grade Finished Area: 702.0
  • 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
  • Architectural Style Cabin2: Yes
  • Sewer Shared Septic: Yes
  • Water Source Private6: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Street Number Modifier: 668
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 702.0

Exterior Features

  • Home Warranty: No

Utilities

  • Sewer: Shared Septic
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 268.0
  • Association Fee Frequency: Monthly
  • Association Name: Wise Property Solutions
  • Association: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1049.48
  • Tax Lot: 37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Sep 3, 2021
Sold by
Buxton Properties Llc
Bought by
Lewis Holly R and Lewis Steven Mark
Seller's Agent
Angelina Knight
Great Mountain Realty LLC
Buyer's Agent
Luisa Dees
Prime Mountain Properties
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%
Current Estimated Value
$697,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,017
Avg. Annual Appreciation
2.75%
Original Mortgage
$500,000
Outstanding Balance
$455,953
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$241,064

Purchase Details

Closed on
Oct 6, 2020
Sold by
Venture Real Estate Group Llc
Bought by
Buxton Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.9%
Mortgage Type
Commercial
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
Lewis Holly R $625,000 Smoky Mountain Title
Buxton Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Holly R $500,000
Previous Owner Buxton Properties Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2021 12/05/21 Off Market $625,000 -- --
09/03/2021 09/03/21 Sold $625,000 -3.8% $445 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/02/2021 07/02/21 Price Changed $650,000 0.0% $463 / Sq Ft
07/02/2021 07/02/21 For Sale $650,000 +4.0% $463 / Sq Ft
05/26/2021 05/26/21 Off Market $625,000 -- --
04/27/2021 04/27/21 Price Changed $599,900 -4.0% $427 / Sq Ft
03/25/2021 03/25/21 For Sale $625,000 -- $445 / 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 $2,174 $146,880 $20,000 $126,880
2024 $2,174 $146,880 $20,000 $126,880
2023 $2,174 $146,880 $0 $0
2022 $1,474 $91,800 $12,500 $79,300
2021 $1,474 $91,800 $12,500 $79,300
2020 $1,048 $91,800 $12,500 $79,300
2019 $1,050 $51,975 $12,500 $39,475
2018 $1,050 $51,975 $12,500 $39,475
2017 $1,050 $51,975 $12,500 $39,475
2016 $1,050 $51,975 $12,500 $39,475
2015 -- $53,450 $0 $0
2014 $957 $53,461 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 241425

Great Smoky Mountains Association of REALTORS®

APN: 117-063.00-037