NOT LISTED FOR SALE

858 Chestnut Dr Gatlinburg, TN 37738

Estimated Value: $1,378,622

3 Beds
3 Baths
3,600 Sq Ft
$383/Sq Ft Est. Value

Last Sold February 20, 2023

Last sale price $1,525,000 $424 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $7,828/month

Highlights

  • Mountain View
  • Clubhouse
  • Bonus Room
  • Gatlinburg Pittman High School Rated A-
  • Cathedral Ceiling
  • Community Pool

About This Home

As of February 2023

New Construction, Beautiful home. 3 Levels & minutes from it all. Quality Home with Brandnew applicances.

Last Agent to Sell the Property

Michael McConnell

Mountain Realty Group License #276103 Listed on: 01/28/2022

Mountain Realty Group

Last Buyer's Agent

Michael Cole

Karen Whitlock Realty License #298242

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $204

Year Built

  • Built in 2023

Lot Details

  • 0.35

HOA Fees

  • $39 Monthly HOA Fees

Home Design

  • Cabin
  • Brick or Stone Mason
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Block And Beam Construction
  • Stone

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Bonus Room
  • Mountain Views
  • Attic Access Panel
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup
  • Finished Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • Driveway
  • Paved Parking

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Additional Features

  • Porch
  • 0.35 Acre Lot

Listing and Financial Details

  • Tax Lot 0347
  • Assessor Parcel Number 21048540

Community Details

Overview

  • Association fees include insurance
  • Owners Club Of Chalet Village Association
  • Chalet Village North Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$204

Year Built

Built in 2023

Lot Details

0

HOA Fees

$39 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Management, Pool, Tennis Court(s), Other
  • Reso Association Fee Includes: Insurance
  • Co List Office Mls Id: 499
  • Subdivision Name: Chalet Village North
  • Above Grade Finished Sq Ft: 2400.0
  • Architectural Style: Cabin
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Location Tax and Legal Parcel Number2: 21048540
  • Location Tax and Legal Tax Lot2: 0347
  • Location Tax and Legal:Tax Annual Amount: 203.67
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.35
  • General Property Information Above Grade Finished Area: 2400.0
  • General Property Information Below Grade Finished Area: 1200.0
  • General Property Information Bonus Room YN2: Yes
  • 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 Microwave: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style Cabin2: Yes
  • Association Amenities Pool2: Yes
  • Attic Features Access Only: Yes
  • Cooling:Central Air: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Association Amenities Tennis Court(s)4: Yes
  • Levels Three Or More: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Walk-In Closet(s)
  • Street Number Modifier: 858
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1200.0
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Roof: Composition
  • Acres: 0.35
  • View: Yes
  • Home Warranty: No
  • Construction Type: Block, Frame, Stone, Wood Siding
  • Patio And Porch Features: Porch
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Stone: Yes
  • Construction Materials:Wood Siding: 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
  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 468.0
  • Association Fee Frequency: Annually
  • Association Name: Owners Club of Chalet Village
  • Association: Yes

Association/Amenities

  • Association Amenities:Clubhouse2: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Amenities:Management: Yes

Lot Info

  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 21048540
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 203.67
  • Tax Lot: 0347

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Feb 17, 2023
Sold by
Iron Horse Realty Llc
Bought by
K7 Rentals Llc
Seller's Agent
Michael McConnell
Mountain Realty Group
Buyer's Agent
Michael Cole
Karen Whitlock Realty
List Price
$1,525,000
Sold Price
$1,525,000
Current Estimated Value
$1,378,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$146,378
Avg. Annual Appreciation
-3.43%
Original Mortgage
$1,220,000
Outstanding Balance
$1,168,842
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$225,929

Purchase Details

Closed on
Dec 16, 2021
Sold by
Yates Douglas S
Bought by
Ironhorse Realty Llc

Purchase Details

Closed on
Aug 24, 2018
Sold by
Derosia Phillip L
Bought by
Yates Douglas S

Purchase Details

Closed on
Jan 27, 2017
Sold by
Mitchell Robert F
Bought by
Derosia Phillip L and Derosia Darlene R

Purchase Details

Listed on
Feb 6, 2012
Closed on
Aug 31, 2012
Sold by
Offenhauer Christine
Bought by
Mitchell Robert F and Mitchell Donna J
Seller's Agent
Darlene Derosia
Smoky Mountain Real Estate Cor
Buyer's Agent
Darlene Derosia
Smoky Mountain Real Estate Cor
List Price
$199,900
Sold Price
$170,000
Premium/Discount to List
-$29,900
-14.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.52%
Original Mortgage
$136,000
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2008
Sold by
Federal National Mortgage Association
Bought by
Christine Offenhauer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,600
Interest Rate
5.63%

Purchase Details

Closed on
Jun 6, 2007
Bought by
Federal Natl Mtg Assoc

Purchase Details

Closed on
Mar 6, 2003
Sold by
Clemens William J and Clemens Andrea
Bought by
Pearson Timothy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.88%

Purchase Details

Closed on
Aug 28, 1997
Sold by
Groat Robert D
Bought by
Howard Douglas O
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
K7 Rentals Llc $1,525,000 Smoky Mountain Title
Ironhorse Realty Llc $150,000 Smoky Mountain Title
Yates Douglas S $35,000 Smoky Mountain Title
Derosia Phillip L $12,000 --
Mitchell Robert F $170,000 --
Christine Offenhauer $188,000 --
Federal Natl Mtg Assoc $192,100 --
Pearson Timothy H $237,500 --
Howard Douglas O $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K7 Rentals Llc $1,220,000
Previous Owner Mitchell Robert F $136,000
Previous Owner Howard Douglas O $178,600
Previous Owner Pearson Timothy H $73,000
Previous Owner Pearson Timothy H $42,100
Previous Owner Howard Douglas O $190,000
Previous Owner Clemens William J $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2023 02/20/23 Sold $1,525,000 0.0% $424 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $1,525,000 +797.1% $424 / Sq Ft
11/29/2015 11/29/15 Off Market $170,000 -- --
08/31/2012 08/31/12 Sold $170,000 -15.0% $68 / Sq Ft
07/28/2012 07/28/12 Pending -- -- --
02/06/2012 02/06/12 For Sale $199,900 -- $80 / 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 $4,017 $271,400 $22,520 $248,880
2024 $3,766 $271,400 $22,520 $248,880
2023 $3,766 $271,400 $0 $0
2022 $208 $14,075 $14,075 $0
2021 $208 $14,075 $14,075 $0
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 $791 $42,525 $10,950 $31,575
2015 -- $48,300 $0 $0
2014 $787 $48,312 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 255908

Great Smoky Mountains Association of REALTORS®

APN: 126B-B-012.00