$170,000
SOLD JUN 30, 2021

887 Sourwood Dr Gatlinburg, TN 37738

1.39 Acres
$122,302 Price per Acre
60,548 Sq Ft Lot

Recently Sold

$72 Per Sq Ft

Highlights

  • 1.39 Acre Lot
  • Gatlinburg Pittman High School Rated A-
  • Mountain View

About This Lot

As of June 2021

Gorgeous views plus foundation and septic is in. You will hit the ground running with all lights green to build your dream Smoky Mountain retreat! We will share plans already drawn up or design your own new build. The foundation survived the wildfires
and has been inspected, certified, and approved! A great opportunity to save on site costs!

Last Agent to Sell the Property

Kim Pichiarella

Realty Executives Associates License #328085 Listed on: 06/10/2021

Realty Executives Associates

Last Buyer's Agent

Rebecca Lynn

Realty Executives Southern Living

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,116

Lot Details

  • 1.39 Acre Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

Property Views

  • Mountain Views

Community Details

  • Chalet Village North Subdivision

Listing and Financial Details

  • Assessor Parcel Number 126G D 001.00 000

Property Details

Property Type

Land

Est. Annual Taxes

$4,116

Lot Details

0

Listing Details

  • Directions: Turn right at Gatlinburg Welcome Center then left on Wiley Oakley to Village Loop road left on Sourwood lot on right. Sign on property.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 1.39
  • Lot Size: 139.47 X 592.55 IRR
  • Subdivision Name: Chalet Village North
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain View
  • Topography: {"Graded":true}

Lot Info

  • Lot Size Sq Ft: 59385.0
  • Parcel #: 126G D 001.00 000
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
Golban Victor
Bought by
Mba Properties Tn Llc
Current Estimated Value
$1,323,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$986,184
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$337,532

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jun 30, 2021
Sold by
Cross Jessica S and Cross Shane A
Bought by
Golban Victor
Seller's Agent
Kim Pichiarella
Realty Executives Associates
Buyer's Agent
Rebecca Lynn
Realty Executives Southern Living
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.41%

Purchase Details

Listed on
May 2, 2018
Closed on
Sep 17, 2018
Sold by
Jones Steve and Jones Brenda
Bought by
Cross Jessica S and Cross Shane A
Seller's Agent
Aaron Jones
Realty Executives Associates
Buyer's Agent
Kim Pichiarella
Realty Executives Associates
Sold Price
$77,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.38%
Original Mortgage
$59,100
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Sep 5, 2017
Closed on
Mar 29, 2018
Sold by
Apsotoaei Andrei Iulian and Apostoaei Daniela
Bought by
Jones Steve and Jones Brenda
Seller's Agent
Theresa Carnathan
Alliance Sotheby's International
Buyer's Agent
Aaron Jones
Realty Executives Associates
Sold Price
$48,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
147.53%

Purchase Details

Listed on
Mar 19, 2014
Closed on
Dec 22, 2014
Sold by
Chapman Larry
Bought by
Apostoaei Andrei Iulian and Apostoaei Daniela
Seller's Agent
Teresa Myers
Century 21 Four Seasons WOD
Buyer's Agent
Annie Maloney
Prime Mountain Properties
List Price
$309,900
Sold Price
$282,245
Premium/Discount to List
-$27,655
-8.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-41.64%

Purchase Details

Closed on
Nov 8, 2011
Sold by
White Jason C
Bought by
Chapman Larry and Bagot David J

Purchase Details

Closed on
Nov 29, 2005
Sold by
Robinson Kirk P Ind And Ai
Bought by
White Jason C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,900
Interest Rate
6.1%
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 $1,650,000 Smoky Mountain Title
Warranty Deed $170,000 None Available
Warranty Deed $77,000 None Available
Warranty Deed $48,500 None Available
Warranty Deed $282,245 --
Warranty Deed $281,900 --
Deed $369,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $59,100 Future Advance Clause Open End Mortgage
Previous Owner $295,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $170,000 +120.8% $72 / Sq Ft
10/02/2018 10/02/18 Sold $77,000 +58.8% $33 / Sq Ft
03/29/2018 03/29/18 Sold $48,500 -82.8% $21 / Sq Ft
03/22/2018 03/22/18 Off Market $282,245 -- --
12/22/2014 12/22/14 Sold $282,245 -8.9% $136 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $309,900 -- $149 / 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 $4,116 $278,120 $24,320 $253,800
2024 $4,116 $278,120 $24,320 $253,800
2023 $4,116 $278,120 $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 $1,137 $61,125 $11,825 $49,300
2015 -- $77,000 $0 $0
2014 $1,255 $76,996 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1156123

East Tennessee REALTORS® MLS

APN: 126G-D-001.00