See Home Value
Gatlinburg 37738
241 Palmer Road
$1,011,782*
House - Off Market

241 Palmer Road

Gatlinburg, TN 37738
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2700 Sqft
$810,000 - $988,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Oct 22, 2021
$899,000
Sold Jun 14, 2019
$479,000

About This Property

LOCATION LOCATION!! Great Investment Opportunity!!! Immaculate 2016 built Cabin consisting of 3 BR 3 BA with Large bonus Loft room and Recreation room located within walking distance to Gatlinburg's Arts and Craft Community District and 5 minutes to downtown Gatlinburg. This Cabin consist of 2700 sq. ft. of living space and is so amazing with gleaming knotty pine walls and floors, cathedral beamed ceilings and above average furniture and decorations. Wonderful living area with stack stone gas log fireplace. Living area is open to a kitchen with plenty of seating for your guest, stainless steel appliances, and custom cabinetry. Check out the bonus Loft area used as an additional comfy living space with lots of windows, full tiled bath and large closets for storage. Master Bedroom is on the Main level with an exceptional full bath with tiled shower, floors and great cabinetry. Downstairs has a Fabulous Recreation Room with gaming tables, 2 large Bedrooms, full Luxurious bath with Soaking tub, large closets for storage and outside entrance. Gaze "Into The Woods" and enjoy this very private setting while sitting on the decks and  relaxing in your private Hot Tub. Plenty of parking for your guest. This cabin has been well loved.  All city utilities. The cabin is located just minutes form Gatlinburg's Community Center, and Rocky Top Sports World. The cabin has great Rental History. Make this your 2nd home or next Investment property. The property is being sold fully furnished, turn key. Very private. Come make this your home in the Smokies!!!

The manager has listed the unit size as 2700 square feet.
Unit Size
2,700Ft²
Days on Market
-
Land Size
0.73 acres
Price per sqft
$333
Property Type
House
Property Taxes
$1,033
HOA Dues
-
Year Built
2016

Price History

Date / Event Date Event Price
Oct 22, 2021 No longer available -
No longer available
Oct 4, 2021 In contract -
In contract
Oct 1, 2021 Listed $899,000
Listed
Jun 14, 2019 No longer available -
No longer available
May 15, 2019 Listed $495,000
Listed
Incredible 4brm 3bath home in the heart of the art and craft's area of Gatlinburg known as the Glades!!! The construction of this home is amazing. The condition of this home is like brand new! This beautiful cabin has: open concept, stack stone gas fireplace, wood floors, master on the main, stainless steel appliances, sprinklers, lots of natural light, nicely decorated, loft area is used as a seating area where the original builder has that as one of the bedrooms, full bathrooms on each…

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: B
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 1,116
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 2,279
  • Total Building Area: 2,700
  • Gross Building Area: 2,700
  • Building Area: 2,700
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,700
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: ELY ACRES
  • Land Acres: 1
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: ELY ACRES PB 22 PG 169 LOT PO4 227.94 X 150 IRR

Ownership

  • Current Owner : WILLIAMS JAMES D
  • Current Owner 2: WILLIAMS JIHAN G
  • Previous Owner : STEVENSON RICHARD C
  • Previous Owner 2: LINK CAROLYN S
  • Owner Before Previous Owner: JONES PETER
  • Owner Before Previous Owner 2: JONES VIVIEN

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 117N
  • District: 11
  • Parcel: 117N-F-004.00
  • Lot: PO4
  • Municipality: GATLINBURG
  • Latitude: 35.7324
  • Longitude: -83.4678

    Address

  • Full Address: 241 Palmer Rd
  • Address - House Number: 241
  • Address - Street Name: Palmer
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Gatlinburg
  • Zip Code: 37738

Valuation

    Tax

  • Total Area: 1,116
  • Tax Year: 2023
  • Tax Amount: $3,031
  • Tax Rate Code Area: 78A01

    Appraisal Valuation

  • Standard Deviation: 0.2482
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 65
  • Final Value: 1,032,197
  • High Value: 1,288,348
  • Low Value: 776,046

    Market Valuation

  • Market Total Value: $512,000
  • Market Land Value: $35,000
  • Market Improvement Value: $477,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $204,800
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $190,800

    Sales

  • Current Sale Contract Date: Oct 19, 2021
  • Current Sale Recording Date: Oct 22, 2021
  • Current Sale Transaction ID: 11861317272
  • Current Sale Price: $899,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 21040696
  • Previous Sale Recording Date: Jun 14, 2019
  • Previous Sale Contract Date: Jun 11, 2019
  • Previous Sale Amount: $479,000
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
2,525 ft²
$316/ft²
$799,000 Jun 11, 2023
-
$1,307/mo
House
3 Beds
3 Baths
1,804 ft²
$515/ft²
$929,000 May 27, 2023
-
$1,921/mo
House
3 Beds
3 Baths
1,838 ft²
$525/ft²
$965,000 Jul 8, 2023
-
$1,921/mo
Condo
3 Beds
2 Baths
2,537 ft²
$331/ft²
$839,900 Jun 15, 2022
-
$1,712/mo
House
4 Beds
4 Baths
2,500 ft²
$392/ft²
$979,000 Feb 24, 2023
-
$136/mo
House
4 Beds
4 Baths
2,500 ft²
$400/ft²
$1,000,000 May 26, 2023
-
$136/mo
House
4 Beds
3 Baths
1,920 ft²
$417/ft²
$799,900 Jun 10, 2023
-
$1,343/mo
House
2 Beds
2.5 Baths
2,048 ft²
$386/ft²
$789,900 Jun 14, 2023
-
$1,904/mo
House
4 Beds
4 Baths
1,720 ft²
$520/ft²
$895,000 Jun 2, 2023
-
$836/mo
House
4 Beds
3 Baths
1,753 ft²
$448/ft²
$784,900 Apr 19, 2023
-
$103/mo

About Gatlinburg


Similar Homes for Sale

Unit for sale at 1410 E Parkway, Gatlinburg, TN 37738

$784,900

  • 4 Beds
  • 3 Baths
  • 1,753 ft²
1410 E Parkway, Gatlinburg, TN 37738 Listing by Jessica James
Unit for sale at 306 Glades Road, Gatlinburg, TN 37738

$895,000

  • 4 Beds
  • 4 Baths
  • 1,720 ft²
306 Glades Road, Gatlinburg, TN 37738 Listing by Kayla Ewing
Unit for sale at 1106 Anastasia Way, Gatlinburg, TN 37738

$789,900

  • 2 Beds
  • 2.5 Baths
  • 2,048 ft²
1106 Anastasia Way, Gatlinburg, TN 37738 Listing by Mary Beth Getz

Nearby Rentals



Frequently Asked Questions

When was property at 241 Palmer Road built and last sold?
The property at 241 Palmer Road was built in 2016 and last sold on Oct 19, 2021 for $899,000.
How much is this home worth?
The estimated value of the home located at 241 Palmer Road is $915,490.
What are some comparable homes to 241 Palmer Road?
There are currently no comparable homes to 241 Palmer Road.

Quantcast