NOT LISTED FOR SALE

877 Chestnut Dr Gatlinburg, TN 37738

Estimated Value: $1,023,002

3 Beds
3 Baths
2,360 Sq Ft
$433/Sq Ft Est. Value

Last Sold April 27, 2016

Last sale price $200,000 $85 Per Sq Ft

Est. 412% increase in value since last sale

Current estimated payment $5,733/month

Highlights

  • Chalet
  • Deck
  • Private Lot
  • Gatlinburg Pittman High School Rated A-
  • Forest View
  • Recreation Room

About This Home

As of April 2016

3 BD/3 BA, 2,300 sq ft+, mountain chalet located in the well-established Chalet Village North subdivision, & only mins. to dwtn. Gatlinburg. Made over $35K in rental income for 2014, & then made over $38K in rental income for 2015; has great rental potential. This mountain chalet has great seasonal mountain views, all in a beautiful wooded setting, just mins. to dwtn. Gatlinburg, the Nat'l Park, & the attractions. Inside this chalet, you have a large open living/dining rm w/vaulted ceilings and stone fireplace, as well as a full kitchen, a master bedroom w/private bath, & more on the main level. On the lower level, you have a a very large recreation rm/den w/a 2nd stone fireplace, along with a sauna room, & much more, all great for entertaining guests, family, & friends alike. Also has two deck levels for this home, as well as a paved driveway to and form the property, with easy access to nearby County-maintained roads & services. Is also only 1/4 mi. to the community amenities of the Chalet Village Owner's Club, including community pools, tennis courts, club house, and more. A great location & home in a beautiful setting, all in easy reach to dwtn. Gatlinburg & the surrounding areas - come see it today!

Last Agent to Sell the Property

Jason White

Century 21 Four Seasons Realty Listed on: 03/04/2016

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,928

Year Built

  • Built in 1984

Lot Details

  • Private Lot
  • Wooded Lot

HOA Fees

  • $39 Monthly HOA Fees

Property Views

  • Forest
  • Seasonal

Home Design

  • Chalet
  • Wood Siding

Interior Spaces

  • 2,360 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Combination Dining and Living Room
  • Recreation Room
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Parking

  • Parking Available
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Gatlinburg Pittman High School

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Community Details

  • Association fees include all amenities
  • Chalet Village North Subdivision

Listing and Financial Details

  • Assessor Parcel Number 126b A 005.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,928

Year Built

Built in 1984

Lot Details

0

HOA Fees

$39 per month

Listing Details

  • Directions: From U.S. Hwy. 441 (the ''Spur'') heading into Gatlinburg, turn right onto Wiley Oakley Drive, at the Gatlinburg Welcome Center, and follow Wiley Oakley Drive for approx. 0.7 miles. Then, turn right on Edgewood Drive, and then make another right onto North Woodland Drive. Follow North Woodland Drive, and then make a left onto Chestnut Drive. Follow Chestnut Drive, and the home will be on your right. Home's name is ''Autumn's Beauty.''
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1984
  • Lot Size: 210.44 X 67.98 IRR
  • Subdivision Name: Chalet Village North
  • Architectural Style: Chalet
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Smoke Detector, Refrigerator, Microwave, Washer
  • Has Basement: Finished, Walkout, Outside Entr Only
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 2
  • Flooring: Hardwood, Tile

Exterior Features

  • Exterior Features: Deck, Cable Available (TV Only)
  • View: Wooded, Seasonal Mountain
  • Lot Features: Private, Wooded
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Main Level, Off-Street Parking

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 39.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: All Amenities

Schools

  • High School: Gatlinburg Pittman

Lot Info

  • Parcel #: 126b A 005.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2021
Sold by
Caballero Pablo and Caballero Mercedes
Bought by
Biyani Kalpesh N and Bharadwaj Lavanya S
Current Estimated Value
$1,023,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Outstanding Balance
$499,045
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$540,959

Purchase Details

Closed on
Jun 8, 2018
Sold by
Carter Nicholas A
Bought by
Caballero Pablo and Caballero Mercedes

Purchase Details

Listed on
Mar 4, 2016
Closed on
Apr 27, 2016
Sold by
Henard Philip Keith
Bought by
Carter Nicholas A
Seller's Agent
Jason White
Century 21 Four Seasons Realty
Buyer's Agent
Non Member Non Member
Non-Member Office
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.19%
Original Mortgage
$170,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 1990
Bought by
Henard Philip K and Henard Karen S
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 Buyer Sale Price Title Company
Biyani Kalpesh N $860,000 Smoky Mountain Title
Caballero Pablo $32,000 None Available
Carter Nicholas A $200,000 --
Henard Philip K $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biyani Kalpesh N $548,000
Previous Owner Carter Nicholas A $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Off Market $200,000 -- --
04/27/2016 04/27/16 Sold $200,000 0.0% $85 / Sq Ft
04/27/2016 04/27/16 Sold $200,000 -4.7% $85 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $209,900 -- $89 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $2,928 $197,840 $24,320 $173,520
2024 $2,928 $197,840 $24,320 $173,520
2023 $2,928 $197,840 $0 $0
2022 $1,830 $123,650 $15,200 $108,450
2021 $1,830 $123,650 $15,200 $108,450
2020 $1,075 $123,650 $15,200 $108,450
2019 $220 $11,825 $11,825 $0
2018 $220 $11,825 $11,825 $0
2017 $220 $11,825 $11,825 $0
2016 $777 $41,775 $11,825 $29,950
2015 -- $52,875 $0 $0
2014 $862 $52,885 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 955844

East Tennessee REALTORS® MLS

APN: 126B-A-005.00