Check Availability
Gatlinburg 37738
641 Gatlinburg Falls Way
$659,900
House - For Sale

641 Gatlinburg Falls Way

Gatlinburg, TN 37738
bedrooms
1 Bed
bathrooms
2 Baths
square feet
1394 Sqft
$3,710
Estimated Monthly
$288
HOA / Fees
1.14%
Cap Rate

About This Property

Welcome to your perfect mountain retreat and income-producing property! This exceptional investment opportunity produced 73k in 2023! Nestled in the serene beauty of the Smoky Mountains in the fabulous Gatlinburg Falls Resort, this charming property comes turn-key and ready for you to continue with this lucrative investment. This tastefully decorated cabin offers modern amenities and spacious living areas complete with a game room, private hot tub and 2 electric fireplaces. The resort community offers a seasonal pool and hot tub for guests to use. No steep roads and just minutes to both downtown Gatlinburg and Pigeon Forge. Don't miss out on this prime investment!

The manager has listed the unit size as 1394 square feet.
Unit Size
1,394Ft²
Days on Market
27 days
Land Size
0.01 acres
Price per sqft
$473
Property Type
House
Property Taxes
$181
HOA Dues
$288
Year Built
2003
Listed By
Last updated: 15 days ago (GSMARTN #300452)

Price History

Date / Event Date Event Price
Apr 4, 2024 Listed by 10 Realty, LLC $659,900
Listed by 10 Realty, LLC
Feb 17, 2024 No longer available -
No longer available
Feb 16, 2024 Price Decreased $660,000
↓ $10K (1.5%)
Price Decreased
Sep 18, 2023 Price Decreased $670,000
↓ $10K (1.5%)
Price Decreased
Aug 29, 2023 Price Decreased $680,000
↓ $15K (2.2%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Log

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 10
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,404
  • Gross Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,404
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: GATLINBURG FALLS PHASE 1
  • Land Acres: 1
  • Legal Description 1: GATLINBURG FALLS PHASE 1 PB LM 4 PG 154 LOT 5

Ownership

  • Current Owner : CHRISTOPHER BUCK
  • Previous Owner : GATLINBURG FALLS LLC

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 117P
  • District: 11
  • Parcel: 117P-E-001.00-005
  • Lot: 5
  • Municipality: GATLINBURG
  • Latitude: 35.735
  • Longitude: -83.495

    Address

  • Full Address: 641 Gatlinburg Falls Way
  • Address - House Number: 641
  • Address - Street Name: Gatlinburg Falls
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Gatlinburg
  • Zip Code: 37738

Valuation

    Tax

  • Total Area: 858
  • Tax Year: 2023
  • Tax Amount: $2,006
  • Tax Rate Code Area: 78A01

    Appraisal Valuation

  • Standard Deviation: 0.0876
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 92
  • Final Value: 660,621
  • High Value: 718,505
  • Low Value: 602,736

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $544,000
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Apr 20, 2022
  • First Open Lien Mortgage Loan Amount: $544,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $338,900
  • Market Land Value: $25,000
  • Market Improvement Value: $313,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $135,560
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $125,560

    Sales

  • Current Sale Recording Date: Jun 24, 2003
  • Current Sale Transaction ID: 1082881828
  • Current Sale Price: $45,000
  • Current Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
1 Bed
2 Baths
1,716 ft²
$404/ft²
$694,000 Feb 20, 2024
-
$491/mo
House
2 Beds
2 Baths
1,664 ft²
$403/ft²
$670,000 Sep 13, 2023
-
$522/mo
House
2 Beds
1 Bath
1,298 ft²
$443/ft²
$575,000 Oct 25, 2023
-
$88/mo
House
2 Beds
4 Baths
2,048 ft²
$339/ft²
$695,000 Apr 2, 2024
-
$349/mo
House
3 Beds
3 Baths
1,920 ft²
$411/ft²
$789,900 Feb 25, 2024
-
$382/mo
Other
Loft
2 Baths
1,686 ft²
$415/ft²
$699,900 Feb 27, 2024
-
$1,234/mo
House
3 Beds
3 Baths
2,400 ft²
$302/ft²
$725,000 Mar 18, 2024
-
$224/mo
House
3 Beds
3.5 Baths
3,100 ft²
$250/ft²
$775,000 Jan 30, 2024
-
$510/mo
Land
Loft
-
-
$595,000 Feb 17, 2023
-
$365/mo

About Gatlinburg


Similar Homes for Sale

Unit for sale at 868 Resort Way, Gatlinburg, TN 37738

$595,000

  • Land
868 Resort Way, Gatlinburg, TN 37738 Listing by James Tomiczek
Unit for sale at 728 Old Ridge Road, Gatlinburg, TN 37738

$699,900

  • Loft
  • 2 Baths
  • 1,686 ft²
728 Old Ridge Road, Gatlinburg, TN 37738 Listing by Shannen Goodman
Unit for sale at 659 Black Bear Falls Way, Gatlinburg, TN 37738

$789,900

  • 3 Beds
  • 3 Baths
  • 1,920 ft²
659 Black Bear Falls Way, Gatlinburg, TN 37738 Listing by David Everett

Nearby Rentals



Frequently Asked Questions

When was property at 641 Gatlinburg Falls Way built and last sold?
The property at 641 Gatlinburg Falls Way was built in 2003 and last sold on Jan 1, 1970 for $45,000.
How much is this home worth?
The estimated value of the home located at 641 Gatlinburg Falls Way is $669,849.
What are some comparable homes to 641 Gatlinburg Falls Way?
Homes that are comparable to 641 Gatlinburg Falls Way include a house property at 747 Mountain Stream Way, 649 Gatlinburg Falls Way, 828 Crest View Drive.

Quantcast