Check Availability
Gatlinburg 37738
524 Hoot Owl Way
$535,000
House - For Sale

524 Hoot Owl Way

Gatlinburg, TN 37738
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1040 Sqft
$2,771
Estimated Monthly
$75
HOA / Fees
2.82%
Cap Rate

About This Property

Attention savvy investors - This 2 bedroom, 2 bathroom cabin with large game loft could be your next cash flow opportunity in the Great Smoky Mountains! Situated within the desirable Mountain Shadows Resort, with 2 pools and a playground, this meticulously maintained short-term rental cabin promises lucrative returns and hassle-free ownership. Boasting recent upgrades including a crawlspace dehumidifier, new granite countertops, plumbing fixtures, sinks, stainless steel appliances, and a 6-person hot tub with a fresh cover, this turnkey retreat is primed for success. Updated decor and entertainment options, such as a new multicade and four smart TVs, and high speed internet ensure guest satisfaction and repeat bookings. Managing this property is a breeze! Perfectly positioned just 5 minutes from downtown Gatlinburg and less than a mile from the renowned ''Rocky Top Sports World,'' guests will flock to this convenient location year-round. Enjoy stunning mountain views from the front porch and ample natural light flooding through the towering floor-to-ceiling windows in the large loft. With 2 bedrooms, 2 bathrooms, easy road access, low utilities, and parking for two cars, this is the perfect opportunity to maximize your investment potential in the Smokies!

The manager has listed the unit size as 1040 square feet.
Unit Size
1,040Ft²
Days on Market
21 days
Land Size
-
Price per sqft
$514
Property Type
House
Property Taxes
$69
HOA Dues
$75
Year Built
1998

Listed By

Last updated: 19 days ago (GSMARTN #301011)

Price History

Date / Event Date Event Price
May 14, 2024 Listed by EXP REALTY LLC $535,000
Listed by EXP REALTY LLC
Mar 30, 2023 Sold to Derek Aucoin, Jaclyn Aucoin $525,000
Sold to Derek Aucoin, Jaclyn Aucoin
Mar 25, 2023 No longer available -
No longer available
Feb 19, 2023 In contract -
In contract
Feb 17, 2023 Listed by EXP REALTY LLC $500,000
Listed by EXP REALTY LLC
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Property Highlights

Fireplace
Air Conditioning
Interior Details

Interior Information

Deck

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Log

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,040
  • Gross Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: MTN SHADOWS RESORT COMM
  • Land Acres: 1
  • Legal Description 1: MTN SHADOWS RESORT COMM PB LMB1 PG 61 LOT 28 PHASE I

Ownership

  • Current Owner : AUCOIN DEREK
  • Current Owner 2: AUCOIN JACLYN
  • Previous Owner : BRIAR ROSE RENTALS-TENNESSEE LLC
  • Owner Before Previous Owner: BAUER JOHN M
  • Owner Before Previous Owner 2: DANILOVA SVETLANA G
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: C-2

Geography

  • Assessors Map Reference: 117M
  • District: 02
  • Parcel: 117M-E-001.00-028
  • Lot: 28
  • Municipality: GATLINBURG
  • Latitude: 35.7291
  • Longitude: -83.4601

    Address

  • Full Address: 524 Hoot Owl Way
  • Address - House Number: 524
  • Address - Street Name: Hoot Owl
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Gatlinburg
  • Zip Code: 37738

Valuation

    Tax

  • Total Area: 624
  • Tax Year: 2023
  • Tax Amount: $823
  • Tax Rate Code Area: 78A01

    Appraisal Valuation

  • Standard Deviation: 0.2784
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 60
  • Final Value: 528,066
  • High Value: 675,121
  • Low Value: 381,010

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $446,250
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Mar 30, 2023
  • First Open Lien Mortgage Loan Amount: $446,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Market Valuation

  • Market Total Value: $222,400
  • Market Land Value: $34,500
  • Market Improvement Value: $187,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $55,600
  • Assessed Land Value: $8,625
  • Assessed Improvements Value: $46,975

    Sales

  • Current Sale Contract Date: Mar 16, 2023
  • Current Sale Recording Date: Mar 30, 2023
  • Current Sale Transaction ID: 11904490364
  • Current Sale Price: $525,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 8265
  • Previous Sale Recording Date: Jul 16, 2021
  • Previous Sale Contract Date: Jul 15, 2021
  • Previous Sale Amount: $415,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE, LLC
  • First Mortgage Transaction Date: Mar 30, 2023
  • First Mortgage Loan Amount: $446,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Apr 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: MARINE BANK SPRINGFIELD
  • Previous Mortgage Transaction Date: Jul 16, 2021
  • Previous Mortgage Loan Amount: $311,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Aug 01, 2051

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
1.5 Baths
1,056 ft²
$491/ft²
$519,000 Apr 22, 2024
-
$1,525/mo
House
4 Beds
2 Baths
2,354 ft²
$263/ft²
$619,000 Dec 3, 2023
-
$114/mo
Condo
3 Beds
2 Baths
2,537 ft²
$221/ft²
$560,000 Dec 18, 2023
-
$651/mo
House
3 Beds
3 Baths
3,042 ft²
$189/ft²
$574,900 Dec 15, 2023
-
$2,028/mo
Condo
3 Beds
3 Baths
3,042 ft²
$189/ft²
$574,900 Nov 26, 2023
-
$796/mo

About Gatlinburg


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Nearby Rentals



Frequently Asked Questions

When was property at 524 Hoot Owl Way built and last sold?
The property at 524 Hoot Owl Way was built in 1998 and last sold on Mar 16, 2023 for $525,000.
How much is this home worth?
The estimated value of the home located at 524 Hoot Owl Way is $530,978.
What are some comparable homes to 524 Hoot Owl Way?
Homes that are comparable to 524 Hoot Owl Way include a other property at 1609 Misty Hollow Way, a house property at 460 Ownby Circle, a condo property at 1704 Hidden Hills Road.

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