NOT LISTED FOR SALE

921 W Cedar Ln Gatlinburg, TN 37738

Estimated Value: $1,360,057

0.46 Acre
$2,956,646 Price per Acre
20,038 Sq Ft Lot

Last Sold November 06, 2020

Last sale price $115,000 $50 Per Sq Ft

Est. 1,083% increase in value since last sale

Current estimated payment $7,558/month

1 Day on Market

Highlights

  • Mountain View
  • Gatlinburg Pittman High School Rated A-
  • No HOA

About This Lot

As of November 2020

921 W Cedar in Chalet Village North has an outstanding view of Mount LeConte and Sugarlands Mountain. The burned in the fires of '16 property has a two bedroom septic in need of inspection. This is a grandfathered in HOA optional lot if a desired use is to be a second home or permanent residence. However, the best use of the property would be an investment for overnight rental use. The original cabin was unique in that it was build on the level house seat with a stairway from W Cedar for access. The property had on street parking. This explains the value price for a property with such an amazing view. 921 W Cedar shares a back boundary line with the Gatlinburg Bypass so there is no on top of another cabin alignment interfering with the view. Please have a look at 921 W Cedar and see if it meets your development needs.

Last Agent to Sell the Property

Jason White

Century 21 Legacy PF Listed on: 10/17/2020

Co-Listed By

Keith Garnes

Century 21 Four Seasons WOD

Last Buyer's Agent

Al Greeson

Century 21 Legacy PF

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $260

Lot Details

  • 0.46 Acre Lot
  • Property fronts a county road

Property Views

  • Mountain Views

Utilities

  • Septic Permit Issued
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Chalet Village HOA
  • Chalet Village North Subdivision

Listing and Financial Details

  • Tax Lot 192

Property Details

Property Type

Land

Est. Annual Taxes

$260

Lot Details

0

Listing Details

  • Property Type: Land
  • Zoning: R-1
  • Reso Property Sub Type: Unimproved Land
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Reso Association Amenities: Other
  • Co List Office Mls Id: 5
  • Co List Office Phone: 865-436-2121
  • Co List Office Mls Id: 829
  • Subdivision Name: Chalet Village North
  • Location Tax and Legal Tax Lot2: 192
  • Location Tax and Legal:Tax Annual Amount: 260.4
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Lot Size Acres: 0.46
  • General Property Information View YN2: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Road Frontage Type County Road: Yes
  • General Property Information Lot Size Dimensions: 100/221/121/166
  • Sewer None23: Yes
  • Septic ApprovedPermit:_two_ Bed: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 921
  • Possible Use: Residential, Single Family

Exterior Features

  • Acres: 0.46
  • View: Yes

Utilities

  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 35.0
  • Association Name: Chalet Village HOA
  • Association: No

Lot Info

  • Lot Dimensions: 100/221/121/166
  • Lot Size Sq Ft: 20037.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 260.4
  • Tax Lot: 192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2020
Closed on
Nov 6, 2020
Sold by
Nicholson Maryellen
Bought by
Mmpd1 Llc
Seller's Agent
Jason White
Century 21 Legacy PF
Buyer's Agent
Al Greeson
Century 21 Legacy PF
List Price
$109,000
Sold Price
$115,000
Premium/Discount to List
$6,000
5.5%
Current Estimated Value
$1,360,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,245,057
Avg. Annual Appreciation
65.56%

Purchase Details

Closed on
Aug 12, 1996
Sold by
Nicholson Robert F
Bought by
Nicholson Robert F and Nicholson Isabe
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
Mmpd1 Llc $115,000 Smoky Mountain Title
Nicholson Robert F -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2021 02/04/21 Off Market $115,000 -- --
11/25/2020 11/25/20 Off Market $115,000 -- --
11/06/2020 11/06/20 Sold $115,000 +5.5% $50 / Sq Ft
10/17/2020 10/17/20 For Sale $109,000 -- $47 / 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 $3,831 $355,640 $28,800 $326,840
2024 $266 $18,000 $18,000 --
2023 $266 $18,000 $0 $0
2022 $266 $18,000 $18,000 $0
2021 $266 $18,000 $18,000 $0
2020 $260 $18,000 $18,000 $0
2019 $260 $14,000 $14,000 $0
2018 $260 $14,000 $14,000 $0
2017 $260 $14,000 $14,000 $0
2016 $878 $47,200 $14,000 $33,200
2015 -- $47,325 $0 $0
2014 $771 $47,316 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 230705

Great Smoky Mountains Association of REALTORS®

APN: 126J-A-012.00