$783,000
SOLD MAR 8, 2023

721 Poplar Falls Way Gatlinburg, TN 37738

2 Beds
2 Baths
1,720 Sq Ft
436 Sq Ft Lot

Recently Sold

$455 Per Sq Ft

2% Below List Price

26 Days on Market

Highlights

  • Pool and Spa
  • Mountain View
  • Deck
  • Gatlinburg Pittman High School Rated A-
  • Clubhouse
  • Wooded Lot

About This Home

As of March 2023

TAKE A LOOK AT THIS AMAZING 2 BEDROOM/2 BATH IN BLACK BEAR FALLS! THIS AWESOME CABIN IS AVAILABLE TO SHOW FEB 5TH AFTER CHECKOUT... TO FEB 9TH BY 3 PM! This is a big income producer for any buyer wanting a beautiful cabin that will virtually pay its way!! Beautifully redecorated in May 2020 so nothing is needing to be done to own this awesome investment. There is new granite in the kitchen and new stainless appliances. New flooring was added with lots of new furniture and new linens, bedding and everything for your comfort and to keep those guests returning. Fun is on hand with a lower level game room. The cabin is located close to the Black Bear community pools and clubhouse. And is only minutes to downtown Gatlinburg. Make sure to take a look at this beautiful cabin and make it yours! The gross rental (per seller)for 2022 is $87,000 on VRBO. And lots of future booking already with $63K for 2023.The utility info is.... The average electric is $255.00 per month and cable/internet is about $200 per month. This info is per the seller** Agents please see the Addendum for rental escrow info.

Last Agent to Sell the Property

DeLoreS White

Colonial Real Estate, Inc. License #258432 Listed on: 12/21/2022

Colonial Real Estate, Inc.

Co-Listed By

Joshua Hughey

Colonial Real Estate, Inc. License #347138

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM License #105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,471

Year Built

  • Built in 2003

Lot Details

  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Log Cabin
  • Brick or Stone Mason
  • Metal Roof
  • Log Siding
  • Masonry

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Game Room
  • Utility Room
  • Dryer
  • Wood Flooring
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • <<selfCleaningOvenToken>>
  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck
  • Covered patio or porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 078117J C 00100

Community Details

Overview

  • Association fees include insurance, ground maintenance, roads, sewer, water
  • Black Bear Falls Resort Association
  • Black Bear Falls Phase 2 Subdivision
  • On-Site Maintenance

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,471

Year Built

Built in 2003

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Zoning: R-1
  • CoListOfficeEmail: vickie@colonialproperties.com
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Wooded
  • ResoPoolFeatures: Hot Tub, Private
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Management, Pool
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Roads, Sewer, Water
  • Pets Allowed: Yes
  • Co List Office Mls Id: 15
  • Co List Office Mls Id: 15
  • Subdivision Name: Black Bear Falls Phase 2
  • Above Grade Finished Sq Ft: 836.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Two
  • ResoWindowFeatures: Double Pane Windows, Window Treatments
  • Location Tax and Legal Parcel Number2: 078117J C 00100
  • Location Tax and Legal Tax Lot2: 35
  • Location Tax and Legal:Tax Annual Amount: 1471.22
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Above Grade Finished Area: 836.0
  • General Property Information Below Grade Finished Area: 884.0
  • General Property Information Bonus Room YN2: No
  • 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
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features Private4: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Room Types Bedroom 2 Level: B
  • Room Types Dining Room: Yes
  • Room Types Dining Room Level: 1
  • Room Types Great Room: Yes
  • Room Types Great Room Level: 1
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Primary Bedroom Level: 1
  • Room Types Utility Room: Yes
  • Room Types Utility Room Level: B
  • Levels:Two: Yes
  • Utilities:Cable Available: Yes
  • General Property Information Lot Size Dimensions: N/A
  • Road Frontage Type:Private Road: Yes
  • Pool Features Hot Tub: Yes
  • Pets Allowed:Yes: Yes
  • Room Types Primary Bathroom Level: 1
  • Room Types Game Room: Yes
  • Room Types Game Room Level: B
  • Room Types Den: Yes
  • Room Types Den Level: B
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Exterior Entry, Finished, Full, Walk-Out Access
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Great Room, High Speed Internet, Solid Surface Counters
  • Street Number Modifier: 721
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 884.0
  • Fireplace Features: Gas Log, Insert, Masonry
  • Fireplaces: 2
  • Total Bedrooms: 22
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Community Features:Clubhouse: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Gas Log: Yes
  • Basement:Exterior Entry: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Interior Features:Solid Surface Counters: Yes
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Insert: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Metal
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log, Masonry
  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Materials:Log: Yes
  • 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
  • Window Features:Window Treatments: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Masonry3: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Paved, Private
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Private3: Yes

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Sewer: Public Sewer
  • 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
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Association Name: Black Bear Falls Resort
  • Association: Yes

Association/Amenities

  • Association Amenities:Clubhouse2: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Management: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Water: Yes

Lot Info

  • Lot Dimensions: N/A
  • Parcel #: 078117J C 00100

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1471.22
  • Tax Lot: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2020
Closed on
Apr 27, 2020
Sold by
Carlton Melvin E and Carlton Regina F
Bought by
Peterson Scott
Seller's Agent
Tracy King
Your Home Sold Guaranteed Real
Buyer's Agent
DeLoreS White
Colonial Real Estate, Inc.
List Price
$415,000
Sold Price
$405,000
Premium/Discount to List
-$10,000
-2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.33%

Purchase Details

Listed on
Aug 27, 2012
Closed on
Oct 23, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Carlton Melvin E and Carlton Regina F
Seller's Agent
Merita Gregory
Re/Max Prime Properties
List Price
$184,000
Sold Price
$162,500
Premium/Discount to List
-$21,500
-11.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.06%
Original Mortgage
$130,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 22, 2012
Sold by
Hill Carl L
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 1, 2004
Sold by
Smoky Top Construction L L
Bought by
Hill Carl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,505
Interest Rate
5.68%
Source: Public Records

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Range of Values:

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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 $405,000 Smoky Mountain Title
Special Warranty Deed $162,500 --
Deed $155,800 --
Deed $259,450 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $130,000 Commercial
Previous Owner $233,505 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 For Sale $840,000 +7.3% $488 / Sq Ft
06/06/2023 06/06/23 Off Market $783,000 -- --
03/08/2023 03/08/23 Sold $783,000 -0.2% $455 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
02/03/2023 02/03/23 Price Changed $784,950 0.0% $456 / Sq Ft
01/20/2023 01/20/23 Price Changed $785,000 -1.9% $456 / Sq Ft
01/12/2023 01/12/23 For Sale $799,900 +97.5% $465 / Sq Ft
07/27/2020 07/27/20 Off Market $405,000 -- --
04/27/2020 04/27/20 Sold $405,000 -2.4% $235 / Sq Ft
04/06/2020 04/06/20 For Sale $415,000 +155.4% $241 / Sq Ft
02/17/2016 02/17/16 Off Market $162,500 -- --
11/19/2012 11/19/12 Sold $162,500 -11.7% $94 / Sq Ft
10/11/2012 10/11/12 Pending -- -- --
08/27/2012 08/27/12 For Sale $184,000 -- $107 / 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
2024 $1,356 $91,625 $7,825 $83,800
2023 $1,356 $91,625 $0 $0
2022 $1,471 $91,625 $7,825 $83,800
2021 $1,471 $91,625 $7,825 $83,800
2020 $986 $91,625 $7,825 $83,800
2019 $988 $48,950 $7,825 $41,125
2018 $988 $48,950 $7,825 $41,125
2017 $988 $48,950 $7,825 $41,125
2016 $988 $48,950 $7,825 $41,125
2015 -- $54,200 $0 $0
2014 $970 $54,196 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 255159

Great Smoky Mountains Association of REALTORS®

APN: 117J-C-001.00-036