$850,000
SOLD JAN 7, 2025

903 Cove Ln Gatlinburg, TN 37738

4 Beds
3 Baths
2,410 Sq Ft
0.64 Acres

Recently Sold

$353 Per Sq Ft

5% Below List Price

64 Days on Market

Highlights

  • 0.64 Acre Lot
  • Chalet
  • Bonus Room
  • Gatlinburg Pittman High School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of January 2025

Gorgeous, fully remodeled property in the coveted chalet village neighborhood! This property is listed as a two bedroom, but has THREE BONUS ROOMS!! There is a king and queen bedroom on the main level, bonus king suite upstairs with ensuite bathroom, and downstairs is the game room, theater room, and a kids bunk room that sleeps four kids! In total this property sleeps 12! This property is turn key ready to rent with many updates including a new metal roof, new flooring, new countertops, new lighting, all new bathrooms, etc. You have to see this property in person to truly appreciate its beauty. You will not be disappointed! This property is less than five minutes to downtown Gatlinburg and less than a mile from Ober Mountain, it's very hard to beat this location. Chalet village owners club offers several community pools, tennis courts, playgrounds, for a very affordable HOA fee. If you're looking for a beautiful vacation home or an investment property for short term rental use this is a winner!

Last Agent to Sell the Property

Spencer Trentham

eXp Realty, LLC 7720 License #361038 Listed on: 09/13/2024

eXp Realty, LLC 7720

Last Buyer's Agent

Kelli Brewer

eXp Realty, LLC 7720 License #363711

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1997

Lot Details

  • 0.64 Acre Lot

HOA Fees

  • $43 Monthly HOA Fees

Parking

  • Parking Available

Home Design

  • Chalet
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Wood Burning Fireplace
  • Bonus Room
  • Luxury Vinyl Tile Flooring
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 4-R
  • Assessor Parcel Number 137A D 018.00

Community Details

Overview

  • Chalet Village Owners Club Association, Phone Number (865) 436-4440
  • Chalet Village Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,400

Year Built

Built in 1997

Lot Details

0

HOA Fees

$43 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso Association Amenities: Clubhouse, Pool, Tennis Court(s)
  • Co List Office Mls Id: 701
  • Subdivision Name: Chalet Village
  • Above Grade Finished Sq Ft: 1340.0
  • Architectural Style: Chalet
  • Fireplace: Yes
  • Reso Flooring: Luxury Vinyl
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal New Construction YN: No
  • Location Tax and Legal Parcel Number2: 137A D 018.00
  • Location Tax and Legal Tax Lot2: 4-R
  • Location Tax and Legal:Tax Annual Amount: 1400.0
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Lot Size Acres: 0.64
  • General Property Information Above Grade Finished Area: 1340.0
  • General Property Information Below Grade Finished Area: 1070.0
  • General Property Information Bonus Room YN2: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Water Source:Public: Yes
  • Architectural Style Chalet: Yes
  • Association Amenities Tennis Court(s)4: Yes
  • Levels Three Or More: Yes
  • Utilities Water Connected: Yes
  • General Property Information:Stories Total: 3
  • General Property Information Fireplace YN: Yes
  • Flooring Luxury Vinyl: Yes
  • Utilities Sewer Connected: Yes
  • Utilities High Speed Internet Connected: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Basement: Finished
  • Street Number Modifier: 903
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1070.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Stories: 3
  • Basement Finished: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Wood Burning: Yes
  • Community Features:Playground: Yes
  • Community Features:Pool: Yes
  • Community Features:Tennis Court(s): Yes

Exterior Features

  • Roof: Metal
  • Acres: 0.64
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt
  • General Property Information:Garage YN: No
  • Parking Features:Asphalt: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Connected, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Playground, Pool, Tennis Court(s)
  • Association Fee: 43.0
  • Association Fee Frequency: Monthly
  • Association Name: Chalet Village Owners Club
  • Phone: 865-436-4440
  • Association: Yes

Association/Amenities

  • Association Amenities:Clubhouse2: Yes

Lot Info

  • Lot Size Sq Ft: 27878.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 137A D 018.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1400.0
  • Tax Lot: 4-R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Dec 17, 2024
Sold by
Moody Shaun M and Davis Katie
Bought by
Hardison Matthew and Aghil Esther
Seller's Agent
Spencer Trentham
eXp Realty, LLC 7720
Buyer's Agent
Kelli Brewer
eXp Realty, LLC 7720
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%
Views
95
Current Estimated Value
$774,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,974
Avg. Annual Appreciation
-13.81%
Original Mortgage
$585,000
Outstanding Balance
$581,442
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$192,584

Purchase Details

Listed on
Mar 14, 2024
Closed on
Apr 22, 2024
Sold by
Newlon Blaine
Bought by
Moody Shaun M and Davis Katie
Seller's Agent
Miranda Paulk
Century 21 Legacy GP
Buyer's Agent
Spencer Trentham
eXp Realty, LLC 7720
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.24%
Original Mortgage
$472,000
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 5, 2017
Closed on
Mar 6, 2017
Sold by
Carlisle Gary M
Bought by
Blaine Newlon
Seller's Agent
Miranda Paulk
Century 21 Four Seasons Realty Parkway
Buyer's Agent
Miranda Paulk
Century 21 Four Seasons Realty Parkway
List Price
$300,000
Sold Price
$260,000
Premium/Discount to List
-$40,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.16%
Original Mortgage
$207,400
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2012
Closed on
Jan 15, 2014
Sold by
Vaughn Marie
Bought by
Carlisle Gary M and Carlisle Robyn H
Seller's Agent
Tim Heinrich
Century 21 Four Seasons WOD
Buyer's Agent
Darlene Derosia
Smoky Mountain Real Estate Cor
List Price
$209,900
Sold Price
$144,500
Premium/Discount to List
-$65,400
-31.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.57%

Purchase Details

Closed on
Mar 9, 1998
Sold by
M & S Custom Bldg & and M
Bought by
Marie Vaughn

Purchase Details

Closed on
Sep 10, 1996
Sold by
Crouch William L and Crouch Lena
Bought by
M & S Custom Building & Re
Source: Public Records

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Range of Values:

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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 $850,000 Maryville Title
Warranty Deed $590,000 Smoky Mountain Title
Warranty Deed $260,000 --
Warranty Deed $144,500 --
Deed $162,075 --
Deed $12,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $585,000 New Conventional
Previous Owner $472,000 New Conventional
Previous Owner $207,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2025 01/07/25 Sold $850,000 -2.9% $353 / Sq Ft
11/16/2024 11/16/24 Pending -- -- --
10/11/2024 10/11/24 Price Changed $875,000 -2.7% $363 / Sq Ft
09/13/2024 09/13/24 For Sale $899,000 +52.4% $373 / Sq Ft
04/23/2024 04/23/24 Sold $590,000 -1.5% $245 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $599,000 +130.4% $249 / Sq Ft
06/08/2017 06/08/17 Off Market $260,000 -- --
04/15/2017 04/15/17 Off Market $144,500 -- --
03/06/2017 03/06/17 Sold $260,000 -13.3% $108 / Sq Ft
01/05/2017 01/05/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $300,000 +107.6% $124 / Sq Ft
01/15/2014 01/15/14 Sold $144,500 -31.2% $50 / Sq Ft
01/13/2014 01/13/14 Pending -- -- --
06/01/2012 06/01/12 For Sale $209,900 -- $73 / 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
2024 $1,291 $87,200 $11,825 $75,375
2023 $1,291 $87,200 $0 $0
2022 $1,401 $87,200 $11,825 $75,375
2021 $1,401 $87,200 $11,825 $75,375
2020 $1,023 $87,200 $11,825 $75,375
2019 $1,025 $50,750 $11,825 $38,925
2018 $1,025 $50,750 $11,825 $38,925
2017 $1,025 $50,750 $11,825 $38,925
2016 $1,025 $50,750 $11,825 $38,925
2015 -- $51,100 $0 $0
2014 $914 $51,107 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 302950

Great Smoky Mountains Association of REALTORS®

APN: 137A-D-018.00