NOT LISTED FOR SALE

807 Spirit Loop Way Gatlinburg, TN 37738

Estimated Value: $1,397,938 - $1,615,000

8 Beds
8 Baths
4,851 Sq Ft
$309/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $935,000 $193 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $8,617/month

Highlights

  • Deck
  • Furnished
  • No HOA
  • Gatlinburg Pittman High School Rated A-
  • Great Room
  • Log Cabin

About This Home

As of October 2020

8 bedroom, 8 bath log cabin in Hemlock Hills. Excellent location. Excellent rental!

Last Agent to Sell the Property

Darlene Derosia

Smoky Mountain Real Estate Cor Listed on: 10/06/2020

Last Buyer's Agent

Darlene Derosia

Smoky Mountain Real Estate Cor Listed on: 10/06/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,955

Year Built

  • Built in 2005

Lot Details

  • 1

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 4,851 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Great Room

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Association fees include insurance, ground maintenance, roads
  • Hemlock Hills Pud Subdivision
  • On-Site Maintenance

Listing and Financial Details

  • Tax Lot 31

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,955

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • Road Surface Type: Paved
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Roads
  • Co List Office Mls Id: 505
  • Subdivision Name: Hemlock Hills Pud
  • Above Grade Finished Sq Ft: 4851.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Location Tax and Legal Tax Lot2: 31
  • Location Tax and Legal:Tax Annual Amount: 2955.0
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Above Grade Finished Area: 4851.0
  • 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
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Cooling:Central Air: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels Three Or More: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Great Room
  • Street Number Modifier: 807
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Fireplace Features: Gas Starter
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:None3: Yes
  • Interior Features:Ceiling Fans: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Gas Starter: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Home Warranty: No
  • Construction Type: Log
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: 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
  • Heating: Central
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association: No

Association/Amenities

  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2955.0
  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Oct 2, 2020
Sold by
Schoenheit Sierra
Bought by
Sark Vacations Llc
Seller's Agent
Darlene Derosia
Smoky Mountain Real Estate Cor
Buyer's Agent
Darlene Derosia
Smoky Mountain Real Estate Cor
List Price
$969,000
Sold Price
$935,000
Premium/Discount to List
-$34,000
-3.51%
Current Estimated Value
$1,497,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$562,979
Avg. Annual Appreciation
10.16%
Original Mortgage
$701,250
Outstanding Balance
$62,394
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,435,585

Purchase Details

Closed on
Mar 2, 2016
Sold by
Stucky John
Bought by
Tinsley Roger and Schoenheit Sierra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2013
Sold by
Hibbard Family Corp
Bought by
Mountain National Bank
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
Sark Vacations Llc $935,000 None Available
Tinsley Roger -- --
Stucky John $4,016,250 --
Mountain National Bank $4,910,425 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sark Vacations Llc $701,250
Previous Owner Schoenheit Sierra $453,100
Previous Owner Stucky John $459,000
Previous Owner Hibbard Family Corp $532,194
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Off Market $935,000 -- --
10/06/2020 10/06/20 For Sale $969,000 +3.6% $200 / Sq Ft
10/05/2020 10/05/20 Sold $935,000 -- $193 / Sq Ft
08/31/2020 08/31/20 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
2024 $5,457 $368,720 $14,000 $354,720
2023 $5,457 $368,720 $0 $0
2022 $3,701 $230,450 $8,750 $221,700
2021 $3,701 $230,450 $8,750 $221,700
2020 $2,950 $230,450 $8,750 $221,700
2019 $2,955 $146,350 $8,750 $137,600
2018 $2,955 $146,350 $8,750 $137,600
2017 $2,955 $146,350 $8,750 $137,600
2016 $2,955 $146,350 $8,750 $137,600
2015 -- $143,825 $0 $0
2014 $2,573 $143,827 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Darlene Derosia

    Smoky Mountain Real Estate Cor

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 230519

Great Smoky Mountains Association of REALTORS®

APN: 117E-G-001.00-031

Tennessee Sevier County Gatlinburg 37738

807 Spirit Loop Way, Gatlinburg, TN

This home is located at 807 Spirit Loop Way, Gatlinburg, TN 37738 since 06 October 2020 and is currently estimated at $1,497,979, approximately $308 per square foot. This property was built in 2005. 807 Spirit Loop Way is a home located in Sevier County with nearby schools including Catons Chapel Elementary School, Jones Cove Elementary School, and Northview Elementary School.

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