NOT LISTED FOR SALE

839 Chestnut Dr Gatlinburg, TN 37738

Estimated Value: $1,179,015

3 Beds
3 Baths
2,448 Sq Ft
$482/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $1,190,000 $486 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,659/month

5 Days on Market

Highlights

  • 0.58 Acre Lot
  • Clubhouse
  • Community Pool
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Tennis Courts

About This Home

As of June 2024

Luxury Investment Opportunity! Welcome to this stunning 3-bedroom cabin, with 180 degree mountain views, completed in 2022 and located in the desirable Chalet Village POA. The sunrise from the cabin will impress anyone and make for an unforgettable stay. This upscale property is close to Gatlinburg and all it has to offer, it features 3 king master bedrooms, including a spacious Master Suite upstairs, as well as as King Master Suite and additional King Bedroom on the main-level. The open-concept great room is furnished with plenty of seating, including a sleeper sofa, a fully stocked kitchen, coffee bar, floor to ceiling stacked stone fireplace, even electronic blinds and access to the deck and outdoor areas. Upstairs, a large loft game room features a pool table, shuffleboard, arcade game, and sleeper sofa. Outside, there's ample parking for up to four vehicles, a secluded patio with a hot tub, outdoor seating, and a beautiful propane fire pit seating area. Both the fire table and fire pit are connected to a large propane tank, eliminating the need for tank swaps. The deck offers comfortable seating and a propane fire table, perfect for relaxing and taking in the surroundings. As part of the Chalet Village POA, guests enjoy access to multiple outdoor pools, tennis courts, and clubhouse amenities. This luxury cabin has a proven track record as a successful short-term rental, with $141,500 in revenue for 2023 and $124,000 for April through December in 2022.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,870

Year Built

  • Built in 2022

Lot Details

  • 0.58 Acre Lot

HOA Fees

  • $45 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 2,448 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Electric Fireplace
  • Vinyl Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Outdoor Gas Grill

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Propane
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 126B A 01200 000

Community Details

Overview

  • Chalet Village North Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,870

Year Built

Built in 2022

Lot Details

0

HOA Fees

$45 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Year Built: 2022
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor, Kitchen Island
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Oven, Washer
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Vinyl
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2448
  • Building Area Units: Square Feet
  • Living Area: 2448
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Gas Grill
  • Construction Type: Frame, Other
  • Patio And Porch Features: Patio, Deck
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump, Propane
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Association Fee: 45
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse, Pool, Tennis Court(s)
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Features: Other
  • Lot Size Acres: 0.58
  • Lot Size: 108.87 X 265.39 IRR
  • Lot Size Units: Acres
  • Parcel #: 126B A 01200 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2870

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 13, 2024
Sold by
Butler Jeffrey and Butler Stephanie
Bought by
Mountain Serenity Llc
List Price
$1,190,000
Sold Price
$1,190,000
Views
5
Current Estimated Value
$1,179,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,985
Avg. Annual Appreciation
-0.17%
Original Mortgage
$892,500
Outstanding Balance
$883,059
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$304,412

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 12, 2024
Sold by
839 Chestnut Drive Revocable Trust and Duffy Michael
Bought by
Butler Jeffrey and Butler Stephanie
List Price
$1,190,000
Sold Price
$1,190,000
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,500
Outstanding Balance
$883,059
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$304,412

Purchase Details

Closed on
Apr 13, 2023
Sold by
Duffy Michael and Duffy Michele
Bought by
839 Chestnut Drive Revocable Trust

Purchase Details

Listed on
Dec 20, 2021
Closed on
Feb 12, 2022
Sold by
Watson Larry A and Watson Laura A
Bought by
Duffy Michael and Duffy Michele
Seller's Agent
Larry Watson
Prime Mountain Properties
Buyer's Agent
Larry Watson
Prime Mountain Properties
Sold Price
$1,160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.66%
Original Mortgage
$928,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2020
Sold by
Kiefer Timothy M and Kiefer Cheryln K
Bought by
Watson Larry A and Watson Laura A

Purchase Details

Closed on
Jun 17, 2019
Sold by
Grace Contractors Llc
Bought by
Cornejo Sergio

Purchase Details

Closed on
Apr 13, 2018
Sold by
Malone Peter H and Malone Christy L
Bought by
Kiefer Timothy M and Kiefer Cheryln K

Purchase Details

Listed on
Jan 4, 2016
Closed on
Sep 23, 2016
Sold by
Peters Bruce J
Bought by
Malone Peter H and Malone Christy L
Seller's Agent
Thomas Smeltzer
Century 21 Four Seasons WOD
Buyer's Agent
Thomas Smeltzer
Century 21 Four Seasons WOD
List Price
$174,900
Sold Price
$159,000
Premium/Discount to List
-$15,900
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.10%
Original Mortgage
$143,100
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2004
Sold by
Waldron Charles K
Bought by
Nevile Sanker Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,570
Interest Rate
4.65%

Purchase Details

Closed on
May 10, 1994
Sold by
Crone Robert F
Bought by
Waldron Charles K
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
Mountain Serenity Llc -- Smoky Mountain Title
Butler Jeffrey $1,190,000 Smoky Mountain Title
839 Chestnut Drive Revocable Trust -- None Listed On Document
Duffy Michael $1,160,000 Magnolia Title Agency Inc
Watson Larry A $39,000 Magnolia Title
Cornejo Sergio $40,000 Magnolia Title
Kiefer Timothy M $21,000 Smoky Mountain Title
Malone Peter H $159,000 --
Nevile Sanker Paul $137,300 --
Waldron Charles K $124,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Jeffrey $892,500
Previous Owner Duffy Michael $928,000
Previous Owner Malone Peter H $143,100
Previous Owner Peters Bruce J $175,000
Previous Owner Nevile Sanker Paul $128,000
Previous Owner Waldron Charles K $123,570
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Sold $1,190,000 0.0% $486 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $1,190,000 +2.6% $486 / Sq Ft
05/15/2022 05/15/22 Off Market $1,160,000 -- --
02/14/2022 02/14/22 Sold $1,160,000 +629.6% $813 / Sq Ft
12/22/2019 12/22/19 Off Market $159,000 -- --
09/23/2016 09/23/16 Sold $159,000 -9.1% $94 / Sq Ft
08/19/2016 08/19/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $174,900 -- $103 / Sq Ft
Source: Realtracs

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 $2,870 $193,920 $22,520 $171,400
2024 $2,870 $193,920 $22,520 $171,400
2023 $2,870 $193,920 $0 $0
2022 $1,763 $119,150 $14,075 $105,075
2021 $208 $119,150 $14,075 $105,075
2020 $204 $14,075 $14,075 $0
2019 $204 $10,950 $10,950 $0
2018 $204 $10,950 $10,950 $0
2017 $204 $10,950 $10,950 $0
2016 $650 $34,925 $10,950 $23,975
2015 -- $40,275 $0 $0
2014 $657 $40,281 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2827709

Realtracs

APN: 126B-A-012.00