523 Gatlin Drive, Gatlinburg, TN 37738
$3,500,000
Property Type:
Commercial Sale
Square Footage:
30,316
Lot Size (sq. ft.):
99,752
Status:
Closed
Current Price:
$3,500,000
List Date:
3/12/2013
Last Modified:
8/22/2024
Description
22 brand new upscale luxury condos furnished and ready to move in or put on rental program. Fantastic location just minutes from downtown Gatlinburg! Four story condo complex built over a one story parking level. Each condo is two bedrooms with 2 baths, large kitchen, private balconies. Granite counter tops and beautiful hard wood floors.
More Information MLS# 180084
Location, Tax, and Legal
Restrictive Covenants YN: Yes
Zoning: Other
Zoning Entity: Other
Tax Lot: 0
Tax Annual Amount: 17208
Tax Year: 2011
Contract Information
Owner Name: W/H
Listing Agreement: Exclusive Right To Sell
Rental History Gross Amount 1: 0
Rental History Year 1: 0
Rental History Gross Amount 2: 0
Rental History Year 2: 0
Association Fee: 325
Current Price: $3,500,000
Original List Price: 4900000
Sold Price: $3,500,000
Status: Closed
Listing Contract Date: 2013-03-12
General Property Information
Number Of Buildings: 1
Lot Size Acres: 2.29
Business Name: Park Towers Royale
Bonus Room YN: No
Number of Bonus Rooms: 0
Sign On Property YN: No
List Price/SqFt: 161.63
Sold Price/SqFt: 115.45
Living Area: 30316
Year Built: 2008
Remarks and Miscellaneous
Public Remarks: 22 brand new upscale luxury condos furnished and ready to move in or put on rental program. Fantastic location just minutes from downtown Gatlinburg! Four story condo complex built over a one story parking level. Each condo is two bedrooms with 2 baths, large kitchen, private balconies. Granite counter tops and beautiful hard wood floors.
Directions: From Gatlinburg, take 321 and turn left on Bruce St (next to McDonalds) follow road to the top of the hill at stop sign turn left and then next right onto Gatlin Dr. See condo entrance sign.
Status Change Information
Status Change Timestamp: 2013-10-18
Buyer Financing: Conventional
Major Change Timestamp: 2013-10-18T05:34:54Z
Major Change Type: Status Change
Purchase Contract Date: 2013-03-15
Close Date: 2013-10-18
Close Price: 3500000
Currently Not Used
Book/Page/Doc #: 3565, 58
Listing Terms
Cash: 1
Conventional: 1
Fee Simple Improved: 1
Parking Features
On Site: 1
Paved: 1
Possession
Close Of Escrow: 1
Road Surface Type
Paved: 1
Special Listing Conditions
In Foreclosure: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Phone Available: 1
Sewer Connected: 1
Water Connected: 1
Income and Expenses
Maintenance Expense: 0
Building Features
Elevator(s): 1
Fixtures: 1
Furniture: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Showing Instructions: This property is a bank owned property. Please call listing agent's cell phone for showing instructions. Please do not attempt to contact seller directly. Property is being sold AS IS with no warranties expressed, written or implied. As with all real estate transactions buyers should do their own due diligence and verify all information independently, including, but not limited to HOA info, square footage, and acreage; as well as, purchase title insurance, have a survey, home inspection, and any other inspection available. Most information taken from tax records/appraisal, etc, deemed to be reliable, but not verified by listing agent. PRE-APPROVAL LETTER OR PROOF OF FUNDS REQUIRED WITH ALL OFFERS.
Location Tax and Legal
Street Number: 523
Street Name: Gatlin
Street Suffix: Drive
County: Sevier
State: TN
Zip Code: 37738
Property Sub Type: Other
MLS Area Major: Gatlinburg
Subdivision Name: Other
Property Features
Building Features: Elevator(s); Fixtures; Furniture
Listing Terms: Cash; Conventional; Fee Simple Improved
Parking Features: On Site; Paved
Possession: Close Of Escrow
Road Surface Type: Paved
Special Listing Conditions: In Foreclosure
Utilities: Cable Available; Electricity Connected; Phone Available; Sewer Connected; Water Connected
Showing Requirements: Appointment Only; Call Listing Agent
Listing Office:
Prime Mountain Properties
Last Updated: August - 22 - 2024
Information deemed reliable but not guaranteed.