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231 Laurel Oaks Way

231 Laurel Oaks Way, Gatlinburg, TN 37738
House in Sevier
231 Laurel Oaks Way has been categorized by the local assessors in Gatlinburg, TN as a commercial type of property. The building on the property was first built in 2018 and is 6 years old. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 231 Laurel Oaks Way has 3,024 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,008 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 43,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B+ by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of unknown. While the interior walls have been made of paneling. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Feb 22, 2021 for $899,000. That's $297.29 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $159,600. 231 Laurel Oaks Way was last assessed in 2024. The total value of the property was assessed at $358,840. Specifically, the land the property is located on was valued at $29,000. While improvements on the property were assessed at a total of $329,840. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,311. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Log Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
12/27/2020
5 Bed
6 Bath
2864 ft²
$929,500
bedrooms
5 Bed
bathrooms
6 Bath
square feet
2864 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: B+
  • Building Style: Custom
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Full basement
  • Basement Area: 1,008
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 3,024
  • Gross Building Area: 3,024
  • Building Area: 3,024
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 3,024
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: LAUREL OAKS - PHASE 1
  • Land Acres: 1
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: LAUREL OAKS - PHASE 1 PB 35 PG 368 LOT 10 PHASE 1

Ownership

  • Current Owner : CHILUKURI KARUNA
  • Previous Owner : PACHECO PETER
  • Previous Owner 2: PACHECO JANET
  • Owner Before Previous Owner: BAY HOLDINGS INC
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sevier County School District
  • School Tax School District: 78287
  • Census Tract: 081103

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 127H
  • District: 11
  • Parcel: 127H-A-032.00-010
  • Lot: 10
  • Municipality: GATLINBURG
  • Latitude: 35.7249
  • Longitude: -83.4984

    Address

  • Full Address: 231 Laurel Oaks Way
  • Address - House Number: 231
  • Address - Street Name: Laurel Oaks
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Gatlinburg
  • Zip Code: 37738

Valuation

    Tax

  • Total Area: 1,008
  • Tax Year: 2023
  • Tax Amount: $5,311
  • Tax Rate Code Area: 78A01

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 723,833
  • High Value: 1,056,170
  • Low Value: 391,495

    Market Valuation

  • Market Total Value: $897,100
  • Market Land Value: $72,500
  • Market Improvement Value: $824,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $358,840
  • Assessed Land Value: $29,000
  • Assessed Improvements Value: $329,840

    Sales

  • Current Sale Contract Date: Feb 22, 2021
  • Current Sale Recording Date: Feb 24, 2021
  • Current Sale Transaction ID: 11822212319
  • Current Sale Price: $899,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21006291
  • Previous Sale Recording Date: Sep 08, 2009
  • Previous Sale Amount: $159,600
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Feb 24, 2021
  • First Mortgage Loan Amount: $719,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

About Gatlinburg



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 231 Laurel Oaks Way located in?
The 231 Laurel Oaks Way is a house located in the neighborhood of Sevier in Gatlinburg, Gatlinburg.
What is the average sales price for listings in 231 Laurel Oaks Way?
The average sales price for units in 231 Laurel Oaks Way is $0 currently.

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