$137,500
SOLD JUN 13, 2025

827 Sourwood Dr Gatlinburg, TN 37738

1.12 Acres
$122,768 Price per Acre
48,787 Sq Ft Lot

Recently Sold

35% Below List Price

78 Days on Market

About This Lot

As of June 2025

Wonderful mountain view building lot with 4-bedroom septic installed. This lot is in a great area close to area attractions and the Great Smoky Mountains, located off the spur and the Gatlinburg Welcome Center. As a member of the Chalet Village Owners club you have access to the club house, pools and tennis courts. You can build your dream home or vacation rental. Buyer to verify all information.

Last Agent to Sell the Property

Mary Beth Getz

Smoky Mountain Real Estate Cor License #354902 Listed on: 02/12/2025

Last Buyer's Agent

Karen De Amorim

United Real Estate Solutions License #340867

United Real Estate Solutions

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $225

Lot Details

  • 1.12 Acre Lot

HOA Fees

  • $31 Monthly HOA Fees

Community Details

  • Chalet Village Owners Club Association, Phone Number (865) 436-4440
  • Chalet Village North Subdivision

Listing and Financial Details

  • Tax Lot 278
  • Assessor Parcel Number 126g D 014.00

Property Details

Property Type

Land

Est. Annual Taxes

$225

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • Property Type: Land
  • Zoning: R-1
  • Reso Property Sub Type: Unimproved Land
  • Co List Office Mls Id: 505
  • Subdivision Name: Chalet Village North
  • Location Tax and Legal Parcel Number2: 126g D 014.00
  • Location Tax and Legal Tax Lot2: 278
  • Location Tax and Legal:Tax Annual Amount: 224.96
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Lot Size Acres: 1.12
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 827

Exterior Features

  • Acres: 1.12

Condo/Co-op/Association

  • Association Fee: 373.0
  • Association Fee Frequency: Annually
  • Association Name: Chalet Village Owners Club
  • Phone: 865-436-4440
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 48787.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 126g D 014.00

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 224.96
  • Tax Lot: 278

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2025
Closed on
Jun 9, 2025
Sold by
Harris Cole and Harris Emily
Bought by
Rodriguez Fuentes Yoandy and Rodriguez Susana Preciado
Seller's Agent
Mary Beth Getz
Smoky Mountain Real Estate Cor
Buyer's Agent
Karen De Amorim
United Real Estate Solutions
List Price
$210,000
Sold Price
$137,500
Premium/Discount to List
-$72,500
-34.52%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3365.75%

Purchase Details

Listed on
Jul 6, 2018
Closed on
Mar 18, 2019
Sold by
Tennessee State Bank
Bought by
Harris Cole and Harris Emily
Seller's Agent
Michele Karl
Priority Real Estate
Buyer's Agent
SHAWN SOMERFIELD
Mountain Realty Group
List Price
$34,900
Sold Price
$34,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.57%

Purchase Details

Closed on
Feb 12, 2015
Sold by
Acor David
Bought by
Tennessee State Bank

Purchase Details

Closed on
Jan 6, 2003
Sold by
Madar Bux and Madar Shakeela P
Bought by
David Acor

Purchase Details

Closed on
Jan 5, 1994
Sold by
Hyde Kenneth R
Bought by
Madar Bux

Purchase Details

Closed on
Sep 24, 1990
Bought by
Hyde Kenneth R & Faye M %The Prudential Home

Purchase Details

Closed on
Sep 10, 1988
Bought by
Holloman Chesley W and Holloman Laura
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 Type Sale Price Title Company
Warranty Deed $137,500 Smoky Mountain Title
Warranty Deed $137,500 Smoky Mountain Title
Special Warranty Deed $34,900 Tennessee Land Title
Deed $728,567 --
Deed $26,000 --
Deed $160,000 --
Warranty Deed $132,500 --
Warranty Deed $134,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $586,000 Small Business Administration
Previous Owner $348,500 No Value Available
Previous Owner $35,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Sold $137,500 -27.2% --
04/16/2025 04/16/25 Pending -- -- --
03/18/2025 03/18/25 Price Changed $189,000 -5.0% --
02/25/2025 02/25/25 Price Changed $199,000 -5.2% --
02/12/2025 02/12/25 For Sale $210,000 0.0% --
02/01/2025 02/01/25 Pending -- -- --
02/01/2025 02/01/25 Price Changed $210,000 0.0% --
02/01/2025 02/01/25 For Sale $210,000 +5.0% --
01/29/2025 01/29/25 Pending -- -- --
01/28/2025 01/28/25 For Sale $200,000 +473.1% --
06/18/2019 06/18/19 Off Market $34,900 -- --
03/19/2019 03/19/19 Sold $34,900 0.0% --
01/15/2019 01/15/19 Pending -- -- --
07/06/2018 07/06/18 For Sale $34,900 -- --
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 $225 $15,200 $15,200 --
2024 $225 $15,200 $15,200 --
2023 $225 $15,200 $0 $0
2022 $225 $15,200 $15,200 $0
2021 $225 $15,200 $15,200 $0
2020 $220 $15,200 $15,200 $0
2019 $220 $11,825 $11,825 $0
2018 $220 $11,825 $11,825 $0
2017 $220 $11,825 $11,825 $0
2016 $220 $11,825 $11,825 $0
2015 -- $13,500 $0 $0
2014 $220 $13,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 304621

Great Smoky Mountains Association of REALTORS®

APN: 126G-D-014.00