725 W Highland Drive, Gatlinburg, TN 37738
$435,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
993
Lot Size (sq. ft.):
15,682
Status:
Closed
Current Price:
$435,000
List Date:
5/24/2024
Last Modified:
8/28/2024
Description
Investment opportunity for an income producing property located within the city limits of Gatlinburg, in the Glades community. Projected yearly income of approx $60k. Seasonal mountain views. Minutes to Hwy 321, nearby shops, restaurants, and attractions. Recent improvements include new HVAC, Plumbing, Kitchen Remodel, Windows, Interior Paint (2019), New Metal Roof (2022), Driveway, Porch, Patio, Exterior Sealer/Paint, Light Fixtures and Ceiling Fans, Flooring, Bath Remodels, New Hot Tub and French Door (2023) Backyard Area Remodel (2024). Separate driveway on the left side of the property, with water & sewer, and has 50amp of power on that side right now for RV Hookup. Fully furnished and turnkey ready. Come check out this awesome investment opportunity.
More Information MLS# 301187
Location Tax and Legal
House #: 725
St Dir: W
Street Name: Highland
St Suffix: Drive
Area: Sevier
State/Province: TN
Zip Code: 37738
Property Sub-Type: Single Family Residence
Area: Gatlinburg
Subdivision: Other
Geo Lat: 35.746627
Geo Lon: -83.456674
Contract Information
Current Price: $435,000
OriginalListPrice: 515000
Listing Price: 485000
Status: Closed
Listing Date: 2024-05-23
Owner Name: Patto
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Association YN: No
General Property Information
Stories Total: 1
Lot Size Acres: 0.36
Lot Size Source: Owner
SqFt - Total (Aprox): 993
Living Area Source: Public Records
Above Grade Finished Area: 993
# Bedrooms: 2
BathsTotal: 2
Baths - Full: 2
Garage YN: No
Attached Garage YN: No
Fireplace YN: Yes
Year Built: 1957
Sign On Property YN: No
Home Warranty YN: No
Furnished: Furnished
Remarks and Miscellaneous
Public Remarks: Investment opportunity for an income producing property located within the city limits of Gatlinburg, in the Glades community. Projected yearly income of approx $60k. Seasonal mountain views. Minutes to Hwy 321, nearby shops, restaurants, and attractions. Recent improvements include new HVAC, Plumbing, Kitchen Remodel, Windows, Interior Paint (2019), New Metal Roof (2022), Driveway, Porch, Patio, Exterior Sealer/Paint, Light Fixtures and Ceiling Fans, Flooring, Bath Remodels, New Hot Tub and French Door (2023) Backyard Area Remodel (2024). Separate driveway on the left side of the property, with water & sewer, and has 50amp of power on that side right now for RV Hookup. Fully furnished and turnkey ready. Come check out this awesome investment opportunity.
Status Change Information
Major Change Timestamp: 2024-08-21T18:49:15Z
Major Change Type: Status Change
Price Change Timestamp: 2024-07-08T15:52:09Z
Status Change Timestamp: 2024-08-21
Under Contract Date: 2024-07-20
Sold Date: 2024-08-20
Sold Price: $435,000
Buyer Financing: Conventional
Fireplace Features
Fireplaces Total: 1
Main Room Levels
Main Level Bathrooms: 2
Main Level Bedrooms: 2
Showing Requirements
Showing Instructions: Home is on Rental Program. Availability will be based on vacancy. Please call Listing Agent to Schedule All Showings.
Property Features
Accessibility Features: Accessible Approach with Ramp; Central Living Area
Appliances: Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer
Basement: Crawl Space
Construction Materials: Frame; Wood Siding
Cooling: Central Air
Current Financing: Conventional
Current Use: Investment; Single Family
Documents Available: Property Disclosure
Door Features: French Doors
Electric: 220 Volts
Exterior Features: Rain Gutters
Fireplace Features: Electric
Flooring: Carpet; Luxury Vinyl
Interior Features: Ceiling Fan(s); Kitchen Island; Walk-In Closet(s); Walk-In Shower(s)
Laundry Features: Inside; Main Level; Washer Hookup
Levels: One
Listing Terms: 1031 Exchange; Cash
Lot Features: City Lot; Irregular Lot; Rolling Slope; Wooded
Other Structures: Outbuilding
Parking Features: Additional Parking; On Site
Patio And Porch Features: Patio; Porch
Possession: Close Of Escrow
Rental: Self Managed
Road Frontage Type: County Road
Road Responsibility: Public Maintained Road
Roof: Metal
Sewer: Public Sewer
Utilities: Internet Connected; Sewer Connected; Water Connected
View: Mountain(s); Seasonal
Water Source: Public
Window Features: Window Coverings
Showing Requirements: Appointment Only; Call Listing Agent
Listing Office: Re/Max Preferred Properties SEY
Last Updated: August - 28 - 2024
Information deemed reliable but not guaranteed.