NOT LISTED FOR SALE

912 Sourwood Dr Gatlinburg, TN 37738

Estimated Value: $1,078,586

2 Beds
2 Baths
1,660 Sq Ft
$650/Sq Ft Est. Value

Last Sold November 02, 2022

Last sale price $1,275,000 $768 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $6,208/month

35 Days on Market

Highlights

  • Pool and Spa
  • Mountain View
  • Clubhouse
  • Gatlinburg Pittman High School Rated A-
  • Chalet
  • Deck

About This Home

As of November 2022

Sky Bridge is a new custom built cabin by long time veterans in the STR market of the Smokies. Listed as a 2 bedroom chalet. HOWEVER, LOOK AT THE PHOTOS!! They have thought of everything that makes a great rental. The proof of that is in the numbers Sky Bridge brought in $174,139.00 in 2021 (the first year on VRBO and Air BnB). This years performance is also spectacular. Between YTD rents and future confirmed bookings, Sky Bridge has already done $153,176 this year with quite a few dates yet to be booked. Sky Bridge has one of the best views in Gatlinburg and as a part of Chalet Village club system, guests have access to 3 different swimming pools, tennis courts and clubhouses for a minimal fee of $42 a month. There are so many unique features of this chalet such as double decker gazebo, bistro-style kitchen pergola, game room with a 7 foot pool table, and over-sized 6-person hot tub with double waterfall features, all overlooking the breathtaking views of Mt. LeConte! The views are completely unobstructed during all seasons. Two master suites and one bedroom directly across the hall from the second bathroom. It offers privacy, entertainment for all ages, and lots of relaxation! Ideally located less than 2 miles to the main parkway in Gatlinburg, and 7 miles from Pigeon Forge. Best of all, you are only 10 minutes or less from the Great Smoky Mountains National Park. Sky Bridge will feel away from it all without actually having to be away from it all. Ample off street parking for 3 cars. Greeting you is the dusk-to-dawn illuminated bridge to the front entrance. As you enter the cabin, you'll immediately be struck by the beautiful custom bistro-style pergola, the floor to ceiling stacked stone fireplace, and the most incredible mountain views you have ever seen! Step out onto one of the 2 large covered decks or gazebos and relax in the over-sized hot tub, or enjoy your morning coffee in one of the rockers or even a delicious meal prepared right from the fully stocked kitchen. The living area is designed for total relaxation with a large leather sectional, comforting fireplace, and a beautiful mountain view as your backdrop. At night, enjoy the Adirondack rockers or loungers, star gaze over the mountain, and soak away all your worries in the relaxing hot tub! Sky Bridge is approx 1700 square feet and comfortably accommodates up to 6 guests, currently but with the addition of a sleeper sofa, it could sleep 8 easily. Each bedroom is furnished with a king size bed, 12" memory foam mattress, and king size pillows to give you a good night's rest. Also furnished in each bedroom is a 32" Smart Fire TV. The main floor master bedroom suite adjoins a full bathroom with a walk-in tile shower. The other two bedrooms are downstairs. The second master bedroom suite adjoins a full size bathroom with a tile soaker tub/shower combo and large vanity with a beautiful stone sink. This bathroom is shared with the third bedroom located just across the hall. Also located downstairs is the game room. Challenge each other to a game of pool! Located on the lower level deck is the 6-person hot tub, featuring two waterfalls, as well as the amazing neck, foot, and back massage jets to soak your stress away! For even more details, see the owners website in Virtual Tours The owners have also listed a larger cabin right next door that is renting for $220,900 a year. MLS number 253352

Last Agent to Sell the Property

Patrick Malone

All Pro REALTORS, Inc. License #287979 Listed on: 08/10/2022

Last Buyer's Agent

Matt Castle

eXp Realty, LLC 7765 License #352631

eXp Realty, LLC 7765

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,429

Year Built

  • Built in 2020

Lot Details

  • 0.41 Acre Lot
  • Property fronts a county road

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Chalet
  • Contemporary Architecture
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,660 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Double Pane Windows
  • Living Room
  • Bonus Room
  • Game Room
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • <<selfCleaningOvenToken>>
  • Electric Cooktop
  • Range Hood
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Pool and Spa
  • Deck

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Septic Permit Issued

Listing and Financial Details

  • Tax Lot 242
  • Assessor Parcel Number 126G C 027.00

Community Details

Overview

  • Chalet Village Owners Club Association
  • Chalet Village Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,429

Year Built

Built in 2020

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Pool, Tennis Court(s)
  • Co List Office Mls Id: 72
  • Subdivision Name: Chalet Village
  • Above Grade Finished Sq Ft: 1660.0
  • Architectural Style: Chalet, Contemporary
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • ResoWindowFeatures: Double Pane Windows
  • Location Tax and Legal Parcel Number2: 126G C 027.00
  • Location Tax and Legal Tax Lot2: 242
  • Location Tax and Legal:Tax Annual Amount: 1428.94
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Lot Size Acres: 0.41
  • General Property Information Above Grade Finished Area: 1660.0
  • 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 Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Room Types Bedroom 2 Level: B
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Primary Bedroom Level: 1
  • Levels:Two: Yes
  • Architectural Style Chalet: Yes
  • Road Frontage Type County Road: Yes
  • Sewer Septic Permit On File: Yes
  • Association Amenities Tennis Court(s)4: Yes
  • Room Types Bedroom 3 Level: B
  • Pool Features Hot Tub: Yes
  • Architectural Style:Contemporary: Yes
  • Room Types Game Room: Yes
  • Room Types Game Room Level: B
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Full
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Range, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Washer
  • Street Number Modifier: 912
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Total Bedrooms: 12
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Electric2: Yes
  • Full Basement: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Range Hood: Yes

Exterior Features

  • Roof: Metal
  • Acres: 0.41
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame, Vinyl Siding
  • Patio And Porch Features: Deck
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank, Septic Permit On File
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 42.0
  • Association Fee Frequency: Monthly
  • Association Name: Chalet Village Owners Club
  • Association: Yes

Association/Amenities

  • Association Amenities:Clubhouse2: Yes

Lot Info

  • Lot Size Sq Ft: 17859.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 126G C 027.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1428.94
  • Tax Lot: 242

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Oct 19, 2022
Sold by
Cofield Kyle and Cofield Amy
Bought by
912 Sourwood Drive Llc
Seller's Agent
Patrick Malone
All Pro REALTORS, Inc.
Buyer's Agent
Matt Castle
eXp Realty, LLC 7765
List Price
$1,500,000
Sold Price
$1,275,000
Premium/Discount to List
-$225,000
-15%
Current Estimated Value
$1,078,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$196,414
Avg. Annual Appreciation
-6.05%
Original Mortgage
$1,020,000
Outstanding Balance
$1,005,239
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$73,347

Purchase Details

Listed on
Jan 29, 2018
Closed on
Jan 15, 2019
Sold by
Leckie William and Leckie Wanda
Bought by
Cofield Kyle and Cofield Amy
Seller's Agent
Ken Webster
Century 21 Four Seasons WOD
Buyer's Agent
Ken Webster
Century 21 Four Seasons WOD
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
148.68%

Purchase Details

Listed on
Feb 29, 2012
Closed on
Apr 16, 2012
Sold by
Davis Johnnie L
Bought by
Leckie William and Leckie Wanda
Seller's Agent
Jason White
Century 21 Legacy PF
Buyer's Agent
Ken Webster
Mountain Laurel Chalets
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.02%

Purchase Details

Listed on
Feb 29, 2012
Closed on
Mar 10, 2012
Sold by
Davis Tennessee Properties
Bought by
Davis Johnnie L
Seller's Agent
Jason White
Century 21 Legacy PF
Buyer's Agent
Ken Webster
Mountain Laurel Chalets
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%

Purchase Details

Closed on
Sep 18, 1995
Sold by
Kocour Doub W
Bought by
Davis R W

Purchase Details

Closed on
Feb 20, 1995
Sold by
Haynes John S
Bought by
Kocour Doub W

Purchase Details

Closed on
Oct 19, 1993
Sold by
Korey Casey
Bought by
Haynes John S
Source: Public Records

Range of Values:

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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
912 Sourwood Drive Llc $1,275,000 Maryville Title
Cofield Kyle $40,000 Smoky Mountain Title
Leckie William $130,000 --
Davis Johnnie L $210,100 --
Davis R W $23,000 --
Kocour Doub W $19,500 --
Haynes John S $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 912 Sourwood Drive Llc $1,020,000
Previous Owner Cofield Kyle Steven $238,500
Previous Owner Cofield Kyle $240,963
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Off Market $1,275,000 -- --
11/02/2022 11/02/22 Sold $1,275,000 -15.0% $768 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $1,500,000 +1053.8% $904 / Sq Ft
01/27/2021 01/27/21 Off Market $130,000 -- --
04/14/2020 04/14/20 Off Market $40,000 -- --
01/15/2019 01/15/19 Sold $40,000 -19.8% $22 / Sq Ft
12/17/2018 12/17/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $49,900 -61.6% $28 / Sq Ft
04/16/2012 04/16/12 Sold $130,000 -7.1% $72 / Sq Ft
03/30/2012 03/30/12 Pending -- -- --
02/29/2012 02/29/12 For Sale $139,900 -- $78 / 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 $2,286 $154,480 $24,320 $130,160
2024 $2,286 $154,480 $24,320 $130,160
2023 $2,286 $154,480 $0 $0
2022 $1,429 $96,550 $15,200 $81,350
2021 $1,429 $96,550 $15,200 $81,350
2020 $220 $96,550 $15,200 $81,350
2019 $220 $11,825 $11,825 $0
2018 $220 $11,825 $11,825 $0
2017 $220 $11,825 $11,825 $0
2016 $850 $45,725 $11,825 $33,900
2015 -- $52,525 $0 $0
2014 $856 $52,535 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 253356

Great Smoky Mountains Association of REALTORS®

APN: 126G-C-027.00