NOT LISTED FOR SALE

720 Bear Walk Way Gatlinburg, TN 37738

Estimated Value: $2,174,264

5 Beds
5.5 Baths
4,423 Sq Ft
$492/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $2,400,000 $543 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $12,093/month

164 Days on Market

Highlights

  • New Construction
  • 0.6 Acre Lot
  • Mountain View
  • Gatlinburg Pittman High School Rated A-
  • Craftsman Architecture
  • Clubhouse

About This Home

As of July 2022

DREAMS DO COME TRUE WITH THIS AMAZING TOP OF THE WORLD NEW CONSTRUCTION HOME WITH AMAZING VIEWS AND UPGRADES GALORE! 4423 MAGNIFICENT SQUARE FEET UNDER ROOF AND HEAT AND AIR, WITH A TOTAL OF 5,907 SQUARE FEET IF YOU INCLUDE OUTDOOR DECKS AND 1 GARAGE SPACE! Designed for an upscale lifestyle and SHORT TERM RENTAL POTENTIALS, this home has it all! 5 Bedrooms, 5.5 baths. LARGE SOAKING TUB, rain showers and modern antique vanities! CHEFS PROFESSIONAK KITCHEN, OVENS AND COOKTOPS, STAINLESS APPLIANCES and OUTDOOR COOKING AREA! Great room w/ vaulted ceilings, ranch style plan has easy access and large parking area out front. Walking distance to Chalet Village Pool and Tennis facility! Minutes to downtown Gatlinburg FUN and the Great Smoky Mountains National Park! Let's GET STARTED ON YOUR DREAMS! Almost ready for new owners, cabinets in, countertops on the way and more photos coming soon! Should be ready in about 60 days! VRBO ESTIMATES OF +-148,000.00 ANNUAL RENTAL INCOME! Let's GET STARTED ON YOUR DREAMS!

Last Agent to Sell the Property

Clay Dalton

ReMax Preferred Properties, In License #178008 Listed on: 11/20/2021

ReMax Preferred Properties, In

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM License #105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $260

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 109.46x 242.27
  • Level Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • 2-Story Property
  • Brick or Stone Mason
  • Composition Roof
  • Cement Siding
  • Cedar Siding
  • Stone

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace Features Blower Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Great Room
  • Formal Dining Room
  • Bonus Room
  • Mountain Views
  • Pull Down Stairs to Attic

Kitchen

  • Double Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Partially Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank
  • Septic Permit Issued
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 126B F 003.00

Community Details

Overview

  • Chalet Village Association
  • Chalet Village Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$260

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$33 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Level
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Reso Association Amenities: Clubhouse, Pool, Tennis Court(s)
  • Co List Office Mls Id: 541
  • Subdivision Name: Chalet Village
  • Above Grade Finished Sq Ft: 2116.0
  • Architectural Style: Craftsman, Ranch
  • Fireplace: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Location Tax and Legal New Construction YN: Yes
  • Location Tax and Legal Parcel Number2: 126B F 003.00
  • Location Tax and Legal Tax Lot2: 00
  • Location Tax and Legal:Tax Annual Amount: 260.4
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.6
  • General Property Information Above Grade Finished Area: 2116.0
  • General Property Information Below Grade Finished Area: 2307.0
  • General Property Information Below Grade Unfinished Area: 200.0
  • 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: Yes
  • General Property Information Construction Type2: Site Built
  • General Property Information View YN2: Yes
  • Appliances Microwave: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Interior Features Great Room2: Yes
  • Roof:Composition: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Interior Features Formal Dining: Yes
  • Levels:Two: Yes
  • Sewer Septic Permit On File: Yes
  • Utilities:Cable Available: Yes
  • General Property Information Lot Size Dimensions: 109.46x 242.27
  • Association Amenities Tennis Court(s)4: Yes
  • Architectural Style Ranch2: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Architectural Style Craftsman: Yes
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Exterior Entry, Partially Finished, Walk-Out Access
  • Appliances: Dishwasher, Double Oven, Electric Range, Gas Range, Microwave, Range Hood
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Formal Dining, Great Room, High Speed Internet, Solid Surface Counters, Walk-In Closet(s)
  • Street Number Modifier: 720
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2307.0
  • Fireplace Features: Blower Fan, Gas Log, Masonry
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances:Double Oven: Yes
  • Appliances:Gas Range: Yes
  • Basement:Basement2: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Blower Fan: Yes
  • Appliances:Range Hood: Yes
  • Basement:Exterior Entry: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Fireplace Features:Masonry: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Roof: Composition
  • Acres: 0.6
  • View: Yes
  • Home Warranty: Yes
  • Construction Type: Cement Siding, Stone
  • Patio And Porch Features: Covered, Deck, Porch
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Stone: Yes
  • Construction Materials:Cement Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Tank, Septic Permit On File
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association Fee Frequency: Annually
  • Association Name: Chalet Village
  • Association: Yes

Association/Amenities

  • Association Amenities:Clubhouse2: Yes

Lot Info

  • Lot Dimensions: 109.46x 242.27
  • Lot Size Sq Ft: 26136.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 126B F 003.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 260.4
  • Tax Lot: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2021
Closed on
Jul 5, 2022
Sold by
Beauregard Kenneth W
Bought by
Ballard Stephen H and Ballard Mary M
Seller's Agent
Clay Dalton
ReMax Preferred Properties, In
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$2,400,000
Sold Price
$2,400,000
Current Estimated Value
$2,174,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$225,736
Avg. Annual Appreciation
-5.38%
Original Mortgage
$1,499,999
Outstanding Balance
$1,431,333
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$577,973

Purchase Details

Listed on
May 31, 2019
Closed on
May 31, 2019
Sold by
Haven Winter
Bought by
Beauregard Kenneth W
Seller's Agent
Teresa Myers
Century 21 Four Seasons WOD
Buyer's Agent
Teresa Myers
Century 21 Four Seasons WOD
List Price
$97,000
Sold Price
$97,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
181.51%
Original Mortgage
$17,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2013
Sold by
Winter and Mcguffin
Bought by
Winter Haven

Purchase Details

Closed on
Apr 24, 1988
Bought by
Winter Mcguffin Partnership
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
Ballard Stephen H $2,400,000 Smoky Mountain Title
Beauregard Kenneth W $97,000 Foundation T&E Series Llc
Winter Haven -- --
Winter Mcguffin Partnership $27,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballard Stephen H $1,499,999
Previous Owner Beauregard Kenneth W $548,000
Previous Owner Beauregard Kenneth W $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2022 10/05/22 Off Market $2,400,000 -- --
07/06/2022 07/06/22 Sold $2,400,000 0.0% $543 / Sq Ft
07/05/2022 07/05/22 Sold $2,400,000 0.0% $543 / Sq Ft
05/14/2022 05/14/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $2,400,000 0.0% $543 / Sq Ft
05/08/2022 05/08/22 Price Changed $2,400,000 0.0% $543 / Sq Ft
05/08/2022 05/08/22 For Sale $2,400,000 +14.3% $543 / Sq Ft
12/12/2021 12/12/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $2,100,000 +2064.9% $475 / Sq Ft
09/01/2019 09/01/19 Off Market $97,000 -- --
05/31/2019 05/31/19 Sold $97,000 0.0% $62 / Sq Ft
05/31/2019 05/31/19 For Sale $97,000 -- $62 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
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 $5,715 $386,120 $36,000 $350,120
2024 $5,715 $386,120 $36,000 $350,120
2023 $5,715 $386,120 $0 $0
2022 $2,056 $22,500 $22,500 $0
2021 $333 $22,500 $22,500 $0
2020 $260 $22,500 $22,500 $0
2019 $260 $14,000 $14,000 $0
2018 $260 $14,000 $14,000 $0
2017 $260 $14,000 $14,000 $0
2016 $776 $41,725 $14,000 $27,725
2015 -- $48,700 $0 $0
2014 $794 $48,709 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 246284

Great Smoky Mountains Association of REALTORS®

APN: 126B-F-003.00