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526 Galloway Lane

526 Galloway Lane, Gatlinburg, TN 37738
Property in Sevier
Sold Apr 30, 2018
$187,000
Sold Aug 26, 1988
$75,000
Local assessors in Gatlinburg, TN have categorized 526 Galloway Lane as a residential type of property. The home was built in 1975 and is 49 years old. It was most recently renovated and altered in 1987. The property's lot size has been calculated to be 43,560 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 526 Galloway Lane has a total of 2,112 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,056 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 360 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 526 Galloway Lane was last sold in Apr 27, 2018 for $187,000. According to our calculations, that's $88.54 per sqft. Prior to that sales transaction, the property was sold for $75,000 in Jan 1, 1970. Current property owners are expected to pay $987 in taxes per year. The property on 526 Galloway Lane was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $66,675. To break that down further, the land itself was valued at $13,125. While improvements to the property were assessed at a total of $53,550. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,056
  • Garage Type: Carport
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,112
  • Gross Building Area: 2,112
  • Building Area: 2,112
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,112
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SMOKEY VIEW
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SMOKEY VIEW PB 2 PG 169 LOT 33

Ownership

  • Current Owner : STANFORD MICHELLE D
  • Current Owner 2: STANFORD TRUETT K
  • Previous Owner : WENNING JAMES B
  • Previous Owner 2: WENNING LINDA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sevier County School District
  • School Tax School District: 78287
  • Census Tract: 081104

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 117P
  • District: 11
  • Parcel: 117P-A-014.00
  • Lot: 33
  • Municipality: GATLINBURG
  • Latitude: 35.7334
  • Longitude: -83.4872

    Address

  • Full Address: 526 Galloway Ln
  • Address - House Number: 526
  • Address - Street Name: Galloway
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Gatlinburg
  • Carrier Code: R001
  • 4-Digit Zip Code: 5339
  • Zip Code: 37738

Valuation

    Tax

  • Total Area: 1,056
  • Tax Year: 2023
  • Tax Amount: $987
  • Tax Rate Code Area: 78A01

    Appraisal Valuation

  • Standard Deviation: 0.2724
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 61
  • Final Value: 601,223
  • High Value: 765,006
  • Low Value: 437,440

    Market Valuation

  • Market Total Value: $266,700
  • Market Land Value: $52,500
  • Market Improvement Value: $214,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $66,675
  • Assessed Land Value: $13,125
  • Assessed Improvements Value: $53,550

    Sales

  • Current Sale Contract Date: Apr 27, 2018
  • Current Sale Recording Date: Apr 30, 2018
  • Current Sale Transaction ID: 11460167706
  • Current Sale Price: $187,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18015885
  • Previous Sale Recording Date: Aug 26, 1988
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Apr 30, 2018
  • First Mortgage Loan Amount: $109,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

About Gatlinburg



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Frequently Asked Questions

What neighborhood is 526 Galloway Lane located in?
The 526 Galloway Lane is a located in the neighborhood of Sevier in Gatlinburg, Gatlinburg.
What is the average sales price for listings in 526 Galloway Lane?
The average sales price for units in 526 Galloway Lane is $0 currently.

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