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772 Village Loop Road, Gatlinburg, TN 37738

$865,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,148 Lot Size (sq. ft.): 12,632 Status: Closed
Current Price: $865,000 List Date: 10/03/2023 Last Modified: 5/01/2024

Description

Buyer's 1031 fell through, back on the market with a price adjustment!! 2023 Income $90,890!! Located in Chalet Village North, known as of one the most desirable subdivisions for short term rentals in Gatlinburg. It's a stellar location, only about 2.5 miles to Downtown Gatlinburg or the Great Smoky Mountains National Park. It's a short distance to the neighborhood Owner's Club of Chalet Village, where you'll find pools, tennis courts and a clubhouse for you and your guests use. The view of Mt. LeConte and the Smoky Mountains is fabulous from this site and from nearly every room of the cabin. It is a great floor plan with 3 suites, open concept great room, lower level recreation room, vaulted ceilings and a large covered deck overlooking the Smokies. It has an all wood interior with modern amenities creating a luxurious mountain feel that travelers crave. The interior design and materials have been selected for both esthetics and durability. There is ample level parking, utility water and high speed internet. Come have a look!

More Information MLS# 263697

Location, Tax, and Legal

Street Number: 772 Street Name: Village Loop Street Suffix: Road County: Sevier State: TN Zip Code: 37738 Property Sub Type: Single Family Residence MLS Area Major: Chalet Village Restrictive Covenants YN: Yes Subdivision Name: Chalet Village North Zoning: R-1 Zoning Entity: Gatlinburg Tax Lot: 257 Book/Page/Doc #: 5639, 152 Tax Annual Amount: 1190.4 Tax Year: 2019

Contract Information

Current Price: $865,000 Original List Price: 1213620 Sold Price: $865,000 Status: Closed Listing Contract Date: 2023-10-03 Owner Name: Jared & Sarah Rollins Listing Agreement: Exclusive Right To Sell Exclusions YN: No Co-op Compensation $/%: 2% Dual Or Variable Rate Commission YN: No Sales Incentive YN: No Occupancy: Either Rental History Gross Amount 1: 90889 Rental History Year 1: 2023 Rental History Gross Amount 2: 82867 Rental History Year 2: 2022 Association YN: Yes Association Fee: 41 Association Fee Frequency: Monthly Association Name: Chalet Village HOA Association Email: cvowners@aol.com Association Type: Mandatory

General Property Information

Lot Size Acres: 0.29 Living Area: 2148 Above Grade Finished Area: 1074 Below Grade Finished Area: 1074 Bedrooms Total: 3 Bathrooms Total: 3 Bathrooms Full: 3 Garage YN: No Year Built: 2019 Bonus Room YN: Yes Number of Bonus Rooms: 1 Bonus Room Type(s): Rec room Accessory Dwelling Unit YN: No Sign On Property YN: No Home Warranty YN: No Construction Type: Site Built View YN: Yes List Price/SqFt: 418.53 Sold Price/SqFt: 402.7

Remarks and Miscellaneous

Public Remarks: Buyer's 1031 fell through, back on the market with a price adjustment!! 2023 Income $90,890!! Located in Chalet Village North, known as of one the most desirable subdivisions for short term rentals in Gatlinburg. It's a stellar location, only about 2.5 miles to Downtown Gatlinburg or the Great Smoky Mountains National Park. It's a short distance to the neighborhood Owner's Club of Chalet Village, where you'll find pools, tennis courts and a clubhouse for you and your guests use. The view of Mt. LeConte and the Smoky Mountains is fabulous from this site and from nearly every room of the cabin. It is a great floor plan with 3 suites, open concept great room, lower level recreation room, vaulted ceilings and a large covered deck overlooking the Smokies. It has an all wood interior with modern amenities creating a luxurious mountain feel that travelers crave. The interior design and materials have been selected for both esthetics and durability. There is ample level parking, utility water and high speed internet. Come have a look! Directions: From Downtown Gatlinburg head towards Ski Mountain Rd. Turn Right onto Ski Mountain Rd. and in .6 miles, turn Right onto Wiley Oakley Dr. Head Straight onto Cliff Branch Rd. In .7 miles Turn Right onto Wiley Oakley Dr. then in 300 ft. Turn Right onto Village Loop Way. In 50 ft. Slight Right onto Village Loop Way. Travel for approximately .3 miles then 772 Village Loop Rd. is on the Left.

Status Change Information

Major Change Timestamp: 2024-05-01T11:41:26Z Major Change Type: Status Change Price Change Timestamp: 2024-03-19T17:07:56Z Status Change Timestamp: 2024-05-01 Purchase Contract Date: 2024-03-28 Close Date: 2024-04-30 Close Price: 865000 Buyer Financing: Conventional Anticipated Closing Date: 2024-04-30

Fireplace Features

Fireplaces Total: 1

Showing Requirements

Showing Instructions: Call Showing Time to schedule all showings 1-800-746-9464. Please submit all questions and offers to co- list agent, Crystal Johnson (912) 596-4921 or Crystal@JasonWhiteTeam.com. **Seller has a ring camera on front porch with audio/visual, please do not leave front door open while inside.

Room Types

Bedroom 2 Level: B Bedroom 3 Level: B Dining Room Level: 1 Game Room Level: B Kitchen Level: 1 Living Room Level: 1 Primary Bedroom Level: 1 Utility Room Level: B

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Cabin Association Amenities: Clubhouse; Pool; Tennis Court(s) Attic Features: None Basement: Basement; Crawl Space; Finished; Full; Walk-Out Access Construction Materials: Block; Frame; Wood Siding Cooling: Heat Pump Exterior Features: Rain Gutters Fireplace Features: Electric Foundation Details: Combination Heating: Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; High Speed Internet; Solid Surface Counters Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Two Listing Terms: 1031 Exchange; Cash; Conventional Parking Features: Driveway; Paved Patio And Porch Features: Covered; Deck Pool Features: Hot Tub Rental: Off Site; Rental History Road Frontage Type: County Road Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector(s) Sewer: Septic Tank; Septic Permit On File Utilities: Cable Available View: Mountain(s) Water Source: Public Window Features: Double Pane Windows; Window Treatments Showing Requirements: See Remarks Room Types: Bedroom 2; Bedroom 3; Dining Room; Game Room; Kitchen; Living Room; Primary Bedroom; Utility Room

Room Information

Primary Bedroom Level: First Remarks: Adjacent to living room; Size: 14X14 Bedroom 2 Level: Basement Remarks: Hot tub access; Size: 15X13 Bedroom 3 Level: Basement Remarks: Adjacent to Rec Room; Size: 14X13 Kitchen Level: First Remarks: Covered deck access; Size: 15X13 Dining Room Level: First Remarks: Dining/Living Cmb; Size: 30X24 Living Room Level: First Remarks: Mountain view; Size: 30X24 Game Room Level: Basement Remarks: In basement; Size: 25X21 Utility Room Level: Basement Remarks: Closet; Size: 7X6 Primary Bedroom Level: First Bedroom 2 Level: Basement Bedroom 3 Level: Basement Kitchen Level: First Dining Room Level: First Living Room Level: First Game Room Level: Basement Utility Room Level: Basement
Listing Office: Century 21 Legacy GP
Last Updated: May - 01 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.