Check Availability
Gatlinburg 37738
411 PA Proffitt
$1,150,000
↓ $50K (4.2%)
House - For Sale

411 PA Proffitt

Gatlinburg, TN 37738
bedrooms
4 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
3544 Sqft
$5,774
Estimated Monthly
$0
HOA / Fees
0.73%
Cap Rate

About This Property

Invest in a unique 4-bed, 4-bath STR in Gatlinburg, TN, that stands out with exclusive amenities, ensuring high rental appeal. Offering features not found elsewhere, such as an indoor rock wall and a hidden gaming room accessible only through a secret door, crafted to attract families and set this property apart from the competition.   The property shines with custom-built bunk beds for kids and a family gaming room equipped with shuffleboard, a pool table, and more, ensuring entertainment for all ages. Adults will find sanctuary in bedroom's ensuite bathrooms, providing privacy and luxury. Each room has undergone renovation, complemented by the addition of a brand-new hot tub, air conditioning system, water heater, and elegant furnishings, offering the allure of new construction without the premium price.    This investment shines not only through its exceptional amenities but also with its ease of ownership and immediate rental potential. By being connected to city water and sewer, it sidesteps the usual hassles of septic systems, offering a smooth, worry-free experience. The property boasts ample parking and avoids steep or curvy roads, ensuring effortless access for guests. Positioned on the north side for optimal access to Gatlinburg and Pigeon Forge, it smartly avoids traffic congestion, enhancing guest appeal.     Complete with all necessary inspections, payments, and STR approvals, this property offers a comprehensive turnkey solution for investors looking to achieve high occupancy and lucrative returns.    This property is not just an investment; it's a high-demand rental that blends luxury, family-friendly features, and strategic location, promising high occupancy and returns. Ideal for investors seeking a competitive edge in Gatlinburg's thriving STR market.

The manager has listed the unit size as 3544 square feet.
Unit Size
3,544Ft²
Days on Market
88 days
Land Size
0.48 acres
Price per sqft
$324
Property Type
House
Property Taxes
$127
HOA Dues
-
Year Built
1940
Listed By
Lisa Brown
Lisa Brown
Crye-Leike Premier Real Estate, LLC
Last updated: 19 days ago (GSMARTN #268162)

Price History

Date / Event Date Event Price
Apr 11, 2024 Price Decreased $1,150,000
↓ $50K (4.2%)
Price Decreased
Mar 15, 2024 Price Decreased $1,200,000
↓ $50K (4%)
Price Decreased
Mar 9, 2024 Price Decreased $1,250,000
↓ $25K (2%)
Price Decreased
Feb 1, 2024 Listed by Crye-Leike Lakeway West, REALTORS $1,275,000
Listed by Crye-Leike Lakeway West, REALTORS

Property Highlights

Fireplace
Air Conditioning
Interior Details

Interior Information

Deck

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Block
Stone

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,352,240
  • Lot Size Depth Feet: 600
  • Lot Size Frontage Feet: 540
  • Total Building Area: 996
  • Gross Building Area: 996
  • Building Area: 996
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 996
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 54
  • Legal Description 1: THE HEMP STORE

Ownership

  • Current Owner : NORTON TOMMY J
  • Previous Owner : MORTON LOUIS O
  • Owner Before Previous Owner: MORTON DANNY F

Neighborhood

  • School District Name: Sevier County School District
  • School Tax School District: 78287
  • Census Tract: 080801

Zoning

  • Zoning: C-1

Geography

  • Assessors Map Reference: 126L
  • District: 11
  • Parcel: 126L-A-002.00
  • Municipality: GATLINBURG
  • Latitude: 35.7166
  • Longitude: -83.5115

    Address

  • Full Address: 411 Parkway
  • Address - House Number: 411
  • Address - Street Name: Parkway
  • State: TN
  • City Name: Sevierville
  • Carrier Code: C001
  • 4-Digit Zip Code: 4152
  • Zip Code: 37862

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,208
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 78A01

    Market Valuation

  • Market Total Value: $204,000
  • Market Land Value: $158,100
  • Market Improvement Value: $45,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $81,600
  • Assessed Land Value: $63,240
  • Assessed Improvements Value: $18,360

    Sales

  • Current Sale Recording Date: Nov 25, 2008
  • Current Sale Transaction ID: 1082557272
  • Current Sale Price: $100,000
  • Current Sale Document Type: unknown
  • Previous Sale Recording Date: May 08, 2002
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
3,248 ft²
$431/ft²
$1,399,900 May 27, 2023
-
$3,609/mo
House
3 Beds
3.5 Baths
2,400 ft²
$521/ft²
$1,250,000 Jul 24, 2023
-
$462/mo
In Contract
House
6 Beds
3 Baths
3,700 ft²
$297/ft²
$1,100,000 Jul 13, 2023
-
$1,662/mo
In Contract
House
6 Beds
3 Baths
3,700 ft²
$297/ft²
$1,100,000 Apr 27, 2023
-
$150/mo
Land
Loft
-
-
$1,199,000 Jul 28, 2022
-
$883/mo

About Gatlinburg


Similar Homes for Sale

Unit for sale at 318 Greystone Heights Road, Gatlinburg, TN 37738

$1,250,000

  • 3 Beds
  • 3.5 Baths
  • 2,400 ft²
318 Greystone Heights Road, Gatlinburg, TN 37738 Listing by Michael Cole

Nearby Rentals



Frequently Asked Questions

When was property at 411 Pkwy built and last sold?
The property at 411 Pkwy was built in 1940 and last sold on Jan 1, 1970 for $100,000.
How much is this home worth?
The estimated value of the home located at 411 Pkwy is $1,179,847.
What are some comparable homes to 411 Pkwy?
Homes that are comparable to 411 Pkwy include a house property at 318 Greystone Heights Road, 320 Greystone Heights Road, 255 Poplar Lane.

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