Seller's Agent in 2022
Michele Karl
Priority Real Estate
(865) 257-6996
3 in this area
109 Total Sales
862 Chestnut Dr Gatlinburg, TN 37738
Estimated Value: $738,548
3
Beds
3
Baths
2,232
Sq Ft
$331/Sq Ft
Est. Value
Highlights
- Mountain View
- Chalet
- Cathedral Ceiling
- Gatlinburg Pittman High School Rated A-
- Deck
- Wood Flooring
About This Home
As of October 2022Fantastic opportunity to purchase this three story chalet in the heart of Chalet Village in Gatlinburg. Large open concept main level with a nice kitchen featuring stainless appliances, an eat-in dining area with views of the Smokies, a nice living room area with a large stone fireplace and access to the decks. Two bedrooms and a full bath round out the living area on this level. The upper level features a full bath, large bedroom and oversized loft area, a great place to add some bunkbeds for the kids. The lower level features another large stone fireplace in the family room area, laundry, another full bath and two additional rooms with closets. Enjoy the views of the Smoky Mountains from the multiple deck areas. Overnight rental estimates have been between $130,000-$150,000 a year. This chalet has been a vacation home, used 2-3 times a year, since 2009 and is in excellent condition. It has not been on the rental market with current owners. No HOA fees in this section of Chalet Village unless used for overnight rentals then HOA is mandatory at $482 per year.. Parking for up to five vehicles with easy access. Make your updates/changes to make this your dream home, vacation get-away or income producing investment.
Last Agent to Sell the Property
Priority Real Estate License #306123 Listed on: 06/10/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $672
Year Built
- Built in 1984
Lot Details
- 0.43 Acre Lot
- Lot Dimensions are 112x98x120x40x174
- Property fronts a county road
HOA Fees
- $40 Monthly HOA Fees
Home Design
- Chalet
- Tri-Level Property
- Frame Construction
- Metal Roof
- Wood Siding
Interior Spaces
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- 2 Fireplaces
- Gas Log Fireplace
- Window Treatments
- Living Room
- Dining Room
- Loft
- Bonus Room
- Game Room
- Utility Room
- Wood Flooring
- Mountain Views
- Fire and Smoke Detector
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Crawl Space
Parking
- Driveway
- Paved Parking
Outdoor Features
- Deck
- Covered Patio or Porch
- Outdoor Storage
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Septic Tank
Community Details
- Not Mandatory Unless Overnight Rental 865 436 4440 Association
- Chalet Village Subdivision
Listing and Financial Details
- Tax Lot 345
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 30, 2023
Sold by
Liu Jimmy Jinshi and Liu Songying Yang
Bought by
J & S Liu Property Trust
Total Days on Market
75
Current Estimated Value
Purchase Details
Listed on
Jun 10, 2022
Closed on
Oct 21, 2022
Sold by
Latham Ruby I
Bought by
Liu Jimmy Jinshi and Liu Songying Yang
Seller's Agent
Michele Karl
Priority Real Estate
Buyer's Agent
Jerry Turney
Keller Williams Realty Nashville
List Price
$859,900
Sold Price
$745,000
Premium/Discount to List
-$114,900
-13.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.54%
Original Mortgage
$584,000
Interest Rate
6.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 12, 2009
Sold by
Hsbc Bank Usa National Ass
Bought by
Latham Herbert L
Purchase Details
Closed on
Jul 7, 2009
Sold by
Harley Paul H
Bought by
Hsbc Bank Usa National Associa
Purchase Details
Closed on
Feb 5, 2004
Sold by
Chestnut Manor Association
Bought by
Harley Paul H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,100
Interest Rate
6.75%
Purchase Details
Closed on
Jan 28, 1999
Sold by
Chestnut Manor Assoc Llc
Bought by
Rawlins George Iii Trustee
Purchase Details
Closed on
Feb 1, 1996
Sold by
Whaley Robert J
Bought by
Chestnut Manor Associates
Purchase Details
Closed on
Mar 15, 1994
Sold by
Gibson Kermit D
Bought by
Whaley Robert J
Purchase Details
Closed on
Feb 1, 1994
Sold by
Gibson Kermit D
Bought by
Whaley Robert J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| J & S Liu Property Trust | -- | None Listed On Document | |
| Liu Jimmy Jinshi | $745,000 | Smoky Mountain Title | |
| Latham Herbert L | $145,750 | -- | |
| Hsbc Bank Usa National Associa | $153,867 | -- | |
| Harley Paul H | $159,000 | -- | |
| Harley Paul H | -- | -- | |
| Rawlins George Iii Trustee | -- | -- | |
| Chestnut Manor Associates | $116,000 | -- | |
| Whaley Robert J | $80,000 | -- | |
| Whaley Robert J | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Liu Jimmy Jinshi | $584,000 | |
| Previous Owner | Harley Paul H | $57,000 | |
| Previous Owner | Whaley Robert J | $143,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/23/2023 01/23/23 | Off Market | $745,000 | -- | -- |
| 10/24/2022 10/24/22 | Sold | $745,000 | -9.7% | $334 / Sq Ft |
| 09/21/2022 09/21/22 | Pending | -- | -- | -- |
| 08/18/2022 08/18/22 | Price Changed | $825,000 | -4.1% | $370 / Sq Ft |
| 07/08/2022 07/08/22 | For Sale | $859,900 | -- | $385 / Sq Ft |
Source: Great Smoky Mountains Association of REALTORS®
Tax History Compared to Growth
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 | $1,497 | $101,160 | $20,720 | $80,440 |
| 2024 | $936 | $63,225 | $12,950 | $50,275 |
| 2023 | $936 | $63,225 | $0 | $0 |
| 2022 | $936 | $63,225 | $12,950 | $50,275 |
| 2021 | $936 | $63,225 | $12,950 | $50,275 |
| 2020 | $672 | $63,225 | $12,950 | $50,275 |
| 2019 | $672 | $36,125 | $10,075 | $26,050 |
| 2018 | $672 | $36,125 | $10,075 | $26,050 |
| 2017 | $672 | $36,125 | $10,075 | $26,050 |
| 2016 | $672 | $36,125 | $10,075 | $26,050 |
| 2015 | -- | $42,000 | $0 | $0 |
| 2014 | $685 | $41,997 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michele Karl
-
Jerry Turney
J
Buyer's Agent in 2022
Jerry Turney
Keller Williams Realty Nashville
(615) 642-5353
1 in this area
2 Total Sales
Map
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 250096
APN: 126B-B-011.00
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