$485,000
$524,900
7.6%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
980 SqFt
SOLD DATE : 07/18/2023
Key Details
Sold Price $485,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 980 sqft
Price per Sqft $494
Subdivision Gatlinburg Falls
MLS Listing ID 257679
Sold Date 07/18/23
Style Log
Bedrooms 1
Full Baths 1
HOA Fees $206/mo
HOA Y/N Yes
Abv Grd Liv Area 980
Originating Board Great Smoky Mountains Association of REALTORS®
Year Built 2005
Annual Tax Amount $1,031
Tax Year 2022
Property Description
Cabin Name: Happily Ever After - Gatlinburg Falls - Hidden Valley - This beautiful 1 bedroom 1 bath cabin that sleeps 7. This cabin has a pool table, air hockey, and stand up video game, and a pinball machine. Already a well established rental cabin and being in The Great Smoky Mountain area this cabin is close to the amenties that Gatlinburg has to offer. This Cabin was stained in 2022 and new ac unit installed in 2021. Gross Income for 2021 was $55,913.21. gross Income for 2022 was $29,496.65 with the owner using the cabin around 13 weeks in 2022. Gross Income for bookings in 2023 so far is over $27,000.
Location
State TN
County Sevier
Zoning R-1
Direction From traffic light 1 in Gatlinburg, take Dudley Creek by-pass. at the 3 way stop continue straight, then turn left onto Gatlinburg Falls way, in 0 .4 miles turn left onto Great Smoky Way, Cabin is on left.
Rooms
Basement Crawl Space, None
Interior
Interior Features High Speed Internet, Soaking Tub
Heating Central
Cooling Central Air
Flooring Wood
Fireplaces Type Gas Log
Fireplace Yes
Appliance Dryer, Electric Range, Refrigerator, Washer
Exterior
Garage Driveway, Private
Pool Hot Tub
Amenities Available Pool
Waterfront No
Roof Type Composition
Porch Deck
Parking Type Driveway, Private
Garage No
Building
Sewer Public Sewer
Water Public
Architectural Style Log
Structure Type Log
Others
Security Features Smoke Detector(s)
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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