NOT LISTED FOR SALE

802 Great Smoky Way Gatlinburg, TN 37738

Estimated Value: $1,165,518 - $1,279,000

5 Beds
5 Baths
3,402 Sq Ft
$360/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $1,365,000 $401 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $7,241/month

7 Days on Market

Highlights

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

About This Home

As of July 2022

**BACK ON THE MARKET AT NO FAULT OF THE SELLER. Great opportunity to add this high performing short term rental to your portfolio. Located in the city limits of Gatlinburg in the Gatlinburg Falls Resort, this 5 bedroom, 5 bath cabin is a moneymaker. The cabin sits at the end of the drive in a cul-de-sac and has great views of the Smoky Mountains from all three levels. On the main level you will find the fully stocked and updated kitchen featuring stainless appliances, SS farm sink, and granite countertops with rough cut edge. In this open concept, the kitchen flows into the large dining area and living room, offering plenty of room for family or guests to spread out comfortably. The main level also has the first bedroom with king size bed, twin sleeper sofa, and adjoining bathroom. The upper level features three additional bedrooms, all with king size beds and a bathroom. Two of the bedrooms have deck access and one of them has an additional sleeper sofa. This upper level also provides a twin over twin bunk for additional sleeping. The lower level has the 5th bedroom with adjoining bathroom, game room, and theater. This newly added theater room has tiered floor, leather reclining theater seats, surround sound, and a 80" TV. The game room is loaded with amenities and offers a pool table, air hockey table, pinball machine, Golden Tee Golf, Ms Pac Man/ Galaga multi-cade and a jukebox! This property has been meticulously cared for and has had extensive updates. All new LVP flooring throughout, new kitchen cabinets, appliances, and Granite, new AC unit, new mattresses, thermostats, and all new decor and furnishings. All bedrooms have an electric fireplace as well as one in the living room. This STR does great on VRBO and generated just over $150,000. Call today to schedule a showing.

Last Agent to Sell the Property

Matthew Maloney

Prime Mountain Properties License #335706 Listed on: 03/16/2022

Prime Mountain Properties

Last Buyer's Agent

Natalie Walthour

eXp Realty, LLC 7720 License #361102

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,959

Year Built

  • Built in 2006

Lot Details

  • Wooded Lot

HOA Fees

  • $356 Monthly HOA Fees

Home Design

  • Log Cabin
  • Frame Construction
  • Composition Roof
  • Log Siding
  • Block And Beam Construction

Interior Spaces

  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Great Room
  • Wood Flooring
  • Mountain Views
  • Finished Basement
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck
  • Rain Gutters

Utilities

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

Listing and Financial Details

  • Tax Lot 85

Community Details

Overview

  • Association fees include ground maintenance, roads
  • Wise Property Solutions Association
  • Gatlinburg Falls Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,959

Year Built

Built in 2006

Lot Details

0

HOA Fees

$356 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Wooded
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Pool
  • Reso Association Fee Includes: Maintenance Grounds, Roads
  • Co List Office Mls Id: 325
  • Subdivision Name: Gatlinburg Falls
  • Above Grade Finished Sq Ft: 2268.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Three Or More
  • ResoWindowFeatures: Window Treatments
  • Location Tax and Legal Tax Lot2: 85
  • Location Tax and Legal:Tax Annual Amount: 1959.13
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Above Grade Finished Area: 2268.0
  • General Property Information Below Grade Finished Area: 1134.0
  • 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 Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: 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
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Utilities:Cable Available: Yes
  • Levels Three Or More: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Finished
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Ceiling Fan(s), Great Room, High Speed Internet, Soaking Tub, Solid Surface Counters
  • Street Number Modifier: 802
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1134.0
  • Fireplace Features: Electric
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement Finished: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Solid Surface Counters: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • View: Yes
  • Home Warranty: No
  • Construction Type: Block, Frame, Log, Log Siding
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Log Siding: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Block: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 356.08
  • Association Fee Frequency: Monthly
  • Association Name: Wise Property Solutions
  • Association: Yes

Association/Amenities

  • Association Amenities:Clubhouse2: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1959.13
  • Tax Lot: 85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
Jul 8, 2022
Sold by
Jones Randy C and Jones Pamela L
Bought by
Cornett Thomas and Cornett Kallie
Seller's Agent
Matthew Maloney
Prime Mountain Properties
Buyer's Agent
Natalie Walthour
eXp Realty, LLC 7720
List Price
$1,394,990
Sold Price
$1,365,000
Premium/Discount to List
-$29,990
-2.15%
Current Estimated Value
$1,224,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$140,494
Avg. Annual Appreciation
-3.28%
Source: Public Records

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 Buyer Sale Price Title Company
Cornett Thomas $1,365,000 New Title Company Name
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2022 10/10/22 Off Market $1,365,000 -- --
07/11/2022 07/11/22 Sold $1,365,000 -2.1% $401 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $1,394,990 +125.1% $410 / Sq Ft
08/13/2018 08/13/18 Sold $619,600 -- $182 / 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 $4,330 $292,600 $12,520 $280,080
2024 $4,330 $292,600 $12,520 $280,080
2023 $4,330 $292,600 $0 $0
2022 $2,937 $182,875 $7,825 $175,050
2021 $2,937 $182,875 $7,825 $175,050
2020 $1,956 $182,875 $7,825 $175,050
2019 $1,959 $97,025 $7,825 $89,200
2018 $1,959 $97,025 $7,825 $89,200
2017 $1,959 $97,025 $7,825 $89,200
2016 $1,959 $97,025 $7,825 $89,200
2015 -- $100,600 $0 $0
2014 $1,800 $100,604 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 248024

Great Smoky Mountains Association of REALTORS®

APN: 117P-E-001.00-085