$40,000
SOLD JAN 15, 2019

912 Sourwood Dr Gatlinburg, TN 37738

0.48 Acre
$83,333 Price per Acre
20,909 Sq Ft Lot

Recently Sold

$22 Per Sq Ft

20% Below List Price

322 Days on Market

Highlights

  • Mountain View
  • Clubhouse
  • Community Pool
  • Gatlinburg Pittman High School Rated A-
  • No HOA
  • Tennis Courts

About This Lot

As of November 2022

Fantastic opportunity to own a lot with beautiful mountain views in highly sought after Chalet Village North. Concrete driveway in place.

Last Agent to Sell the Property

Ken Webster

Century 21 Four Seasons WOD Listed on: 01/29/2018

Last Buyer's Agent

Ken Webster

Century 21 Four Seasons WOD Listed on: 01/29/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $220

Lot Details

  • 0.48 Acre Lot
  • Property fronts a county road
  • Steep Slope

Property Views

  • Mountain Views

Parking

  • Private Parking
  • Driveway

Utilities

  • Septic Permit Issued
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 242

Community Details

Overview

  • No Home Owners Association
  • Chalet Village North Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$220

Lot Details

0

Listing Details

  • Property Type: Land
  • Zoning: R-1
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Sloped, Steep Slope
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Reso Association Amenities: Clubhouse, Pool, Tennis Court(s)
  • Co List Office Mls Id: 5
  • Subdivision Name: Chalet Village North
  • Location Tax and Legal Tax Lot2: 242
  • Location Tax and Legal:Tax Annual Amount: 219.95
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Lot Size Acres: 0.48
  • General Property Information View YN2: Yes
  • Association Amenities Pool2: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Road Frontage Type County Road: Yes
  • Association Amenities Tennis Court(s)4: Yes
  • Sewer None23: Yes
  • Septic ApprovedPermit:_two_ Bed: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 912
  • Possible Use: Residential, Single Family

Exterior Features

  • Acres: 0.48
  • View: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Steep Slope: Yes

Garage/Parking

  • Parking Features: Driveway, Private
  • Parking Features:Driveway: Yes
  • Parking Features:Private3: Yes

Utilities

  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 24.75
  • Association: No

Association/Amenities

  • Association Amenities:Clubhouse2: Yes

Lot Info

  • Lot Size Sq Ft: 20908.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 219.95
  • 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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Average Value
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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 $1,275,000 Maryville Title
Warranty Deed $40,000 Smoky Mountain Title
Warranty Deed $130,000 --
Quit Claim Deed $210,100 --
Deed $23,000 --
Deed $19,500 --
Deed $18,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,020,000 New Conventional
Previous Owner $238,500 New Conventional
Previous Owner $240,963 Construction
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: 214137

Great Smoky Mountains Association of REALTORS®

APN: 126G-C-027.00