NOT LISTED FOR SALE

934 Sourwood Dr Gatlinburg, TN 37738

Estimated Value: $1,838,448

3 Beds
4 Baths
3,012 Sq Ft
$610/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $2,100,000 $697 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $10,251/month

16 Days on Market

Highlights

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

About This Home

As of October 2022

Sky Villa is a new custom built cabin by long time veterans in the STR market of the Smokies. They have thought of everything that makes a great rental. The proof of that is in the numbers. In 2022, between the YTD bookings and future reservations through the end of the year they have brought in gross revenue of $220,910. The cabin was first available to rent in November 2021 and in just those 2 months it grossed over $57,000, so there is more upside once the word gets out about this one. The sellers are willing to help the new owners transition with current bookings. This one-of-a-kind luxury cabin has a multi-million-dollar view. Each bedroom has a private master suite, king size bed, and Smart TV. An open floor plan takes advantage of the incredible view of the panoramic mountain views. The great room features coffered ceilings with indirect lighting, a stack stone fireplace, dining area, and a gourmet kitchen with all the extras to make you feel right at home! Also, the main floor features a large master suite with a beautiful adjoining bathroom. Easily accessible on the main floor is the laundry closet, complete with a full-size washer and dryer for your convenience. In our upstairs game room, kids and adults can enjoy our 7-foot pool table, 2-player tabletop arcade machine, a 50-inch large Smart TV, and a fun truck bar, all while overlooking the panoramic mountain views from the large wraparound windows. The upper level also features two large master suites with adjoining bathrooms. Buyers and their guests will enjoy a movie night on the big screen theater room. Featuring our 85" Smart TV and deluxe theater seats, you can enjoy all of your favorite movies and sports without leaving the cabin! Also on the lower level is an additional sleeping quarter with an accessible full bathroom directly across the hallway. The oversized main level deck is sure to entertain with a focus on relaxation and fun! The eight outdoor Adirondack-style counter-height chairs feature two counter-height chairs connected by one matching table. Inspired by the idea of sitting back and enjoying a private conversation with a friend by having both chairs angle toward each other, it makes for the perfect outdoor space! Enjoy your morning coffee with the backdrop of Mt. LeConte and those beautiful long-range views that are sure to take your breath away! If you are in the mood for a fun picnic and a bird's-eye view of the Smoky Mountains, head up to the top of our 2-story gazebo with the highest mountaintop outlook to enjoy lunch on the 8-person picnic table! And to wrap up your evening under the ambient lighting in the gazebo, submerge yourself into the 7-person hot tub with a glass of wine and a long, relaxing soak! The sellers have also just listed their other new cabin right next door. MLS# 253356 For even more details please see the Virtual tour which has a link to the cabin website.

Last Agent to Sell the Property

Patrick Malone

All Pro REALTORS, Inc. License #287979 Listed on: 08/09/2022

Last Buyer's Agent

Michael Cole

Karen Whitlock Realty License #298242

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,023

Year Built

  • Built in 2021

Lot Details

  • 0.44 Acre Lot
  • Property fronts a county road

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Chalet
  • Contemporary Architecture
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Living Room
  • Bonus Room
  • Game Room
  • Mountain Views
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pool and Spa
  • Deck

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Septic Permit Issued
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 243
  • Assessor Parcel Number 126G C 028.00

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

$2,023

Year Built

Built in 2021

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • 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: 2212.0
  • Architectural Style: Chalet, Contemporary
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: Three Or More
  • ResoWindowFeatures: Double Pane Windows, Window Treatments
  • Location Tax and Legal Parcel Number2: 126G C 028.00
  • Location Tax and Legal Tax Lot2: 243
  • Location Tax and Legal:Tax Annual Amount: 2022.78
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Lot Size Acres: 0.44
  • General Property Information Above Grade Finished Area: 2212.0
  • General Property Information Below Grade Finished Area: 800.0
  • General Property Information Bonus Room YN2: Yes
  • General Property Information:Furnished: Furnished
  • 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
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Primary Bedroom Level: 1
  • Architectural Style Chalet: Yes
  • Road Frontage Type County Road: Yes
  • Sewer Septic Permit On File: Yes
  • Association Amenities Tennis Court(s)4: Yes
  • Levels Three Or More: Yes
  • Room Types Bedroom 3 Level: 2
  • Pool Features Hot Tub: Yes
  • Architectural Style:Contemporary: Yes
  • Room Types Bedroom 4 Level: B
  • Room Types Game Room: Yes
  • Room Types Game Room Level: 2
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Great Room, High Speed Internet
  • Street Number Modifier: 934
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 800.0
  • Fireplace Features: Electric
  • Total Bedrooms: 14
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Appliances:Electric Cooktop: Yes

Exterior Features

  • Roof: Metal
  • Acres: 0.44
  • View: Yes
  • Home Warranty: No
  • Construction Type: 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
  • Window Features:Window Treatments: 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: 19166.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 126G C 028.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2022.78
  • Tax Lot: 243

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2022
Closed on
Oct 11, 2022
Sold by
Cofield Kyle and Cofield Amy
Bought by
Stoudenmier Brandon
Seller's Agent
Patrick Malone
All Pro REALTORS, Inc.
Buyer's Agent
Michael Cole
Karen Whitlock Realty
List Price
$2,100,000
Sold Price
$2,100,000
Current Estimated Value
$1,838,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$261,552
Avg. Annual Appreciation
-2.36%
Original Mortgage
$1,680,000
Outstanding Balance
$1,616,454
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$342,214

Purchase Details

Closed on
Mar 25, 2019
Sold by
Fisher Reggie and Fisher Diana
Bought by
Cofield Kyle and Cofield Amy

Purchase Details

Closed on
Dec 28, 2004
Sold by
Nirupama Matini
Bought by
Reggie Fisher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
6.13%

Purchase Details

Closed on
Feb 21, 1989
Bought by
Matani Nirupama

Purchase Details

Closed on
Aug 24, 1986
Bought by
Jones James and Jones Joyce
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Stoudenmier Brandon $2,100,000 Smoky Mountain Title
Cofield Kyle $40,000 Smoky Mountain Title
Reggie Fisher $95,000 --
Matani Nirupama $73,000 --
Jones James $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoudenmier Brandon $1,680,000
Previous Owner Cofield Kyle $351,890
Previous Owner Jones James $80,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2023 01/10/23 Off Market $2,100,000 -- --
10/11/2022 10/11/22 Sold $2,100,000 0.0% $697 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $2,100,000 -- $697 / 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 $3,236 $218,680 $19,800 $198,880
2024 $3,236 $218,680 $19,800 $198,880
2023 $3,236 $218,680 $0 $0
2022 $2,023 $136,675 $12,375 $124,300
2021 $183 $136,675 $12,375 $124,300
2020 $179 $12,375 $12,375 $0
2019 $179 $9,625 $9,625 $0
2018 $179 $9,625 $9,625 $0
2017 $179 $9,625 $9,625 $0
2016 $514 $27,625 $9,625 $18,000
2015 -- $31,275 $0 $0
2014 $510 $31,282 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 253352

Great Smoky Mountains Association of REALTORS®

APN: 126G-C-028.00