1162 Johns Branch Road, Gatlinburg, TN 37738

$949,900
Property Type: Residential Bedrooms: 7 Baths: 7 Square Footage: 2,294 Lot Size (sq. ft.): 300,128 Status: Closed
Current Price: $949,900 List Date: 3/05/2022 Last Modified: 8/28/2024

Overview

Description

5 individual Cottages on 7acres! Great location just outside Gatlinburg city limits near The Arts and Crafts community. Beautiful property with a creek, lots of level area, gazebo and a huge pond. First time being offered on the market. There are 2 two-bedroom units and 3 one-bedroom units. This is a great opportunity to own some rentals all in one location with potential to add more units. Possibilities are endless for this property. Being sold as-is.

Listing Details MLS# 247772

General Property Information

Lot Size Acres
6.89
Living Area
2294
Above Grade Finished Area
2294
Bedrooms Total
7
Bathrooms Total
7
Bathrooms Full
7
Year Built
1940
Bonus Room YN
No
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
No
Construction Type
Site Built
List Price/SqFt
414.08
Sold Price/SqFt
414.08
Below Grade Finished Area
0
Below Grade Unfinished Area
0
Bathrooms Half
0
Garage Spaces
0

Property Features

Architectural Style: Cottage Basement: Crawl Space Construction Materials: Frame Cooling: Central Air Levels: One Listing Terms: 1031 Exchange; Cash Lot Features: Water Amenity Patio And Porch Features: Covered Possession: Close Of Escrow Road Frontage Type: County Road Road Surface Type: Paved Roof: Composition Sewer: Septic Tank; Septic Permit Not Found Water Source: Shared Well Showing Requirements: See Remarks

Location Tax and Legal

Street Number
1162
Street Name
Johns Branch
Street Suffix
Road
County
Sevier
State
TN
Zip Code
37738
Property Sub Type
Single Family Residence
MLS Area Major
Gatlinburg
Subdivision Name
Other

Contract Information

Original List Price
949900
Listing Contract Date
2022-03-05
Owner Name
Dorothy W Colvard Trust
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Occupant Type
Vacant
Association YN
No

Remarks and Miscellaneous

Public Remarks
5 individual Cottages on 7acres! Great location just outside Gatlinburg city limits near The Arts and Crafts community. Beautiful property with a creek, lots of level area, gazebo and a huge pond. First time being offered on the market. There are 2 two-bedroom units and 3 one-bedroom units. This is a great opportunity to own some rentals all in one location with potential to add more units. Possibilities are endless for this property. Being sold as-is.
Directions
Glades Rd Gatlinburg to left on Powdermill rd. Turn Right onto Johns Branch RD. Cottages will be on left in 1mile

Status Change Information

Major Change Timestamp
2022-06-13T17:08:07Z
Major Change Type
Status Change
Status Change Timestamp
2022-06-13
Purchase Contract Date
2022-03-19
Close Date
2022-06-13
Close Price
949900
Buyer Financing
Conventional
Anticipated Closing Date
2022-05-19

More Information

Showing Requirements

Showing Instructions
Easy to show. Call or text Gina 865 257 7105 or call list office. Shared well agreement with house across the street. Driveway by the pond has an easement for the house at the top of the hill. These cottages were moved from their original location. Information taken from tax records; buyer should verify all information independently. Shed does not convey. This property is being sold 'AS IS' Seller will make no repairs.
See Remarks
Yes

Location, Tax, and Legal

Restrictive Covenants YN
No
Zoning
R-1
Zoning Entity
Sevier County
Tax Lot
/OTr3
Book/Page/Doc #
542, 594
Tax Annual Amount
1280.61
Tax Year
2019

Architectural Style

Cottage
Yes

Basement

Crawl Space
Yes

Construction Materials

Frame
Yes

Cooling

Central Air
Yes

Levels

One
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes

Lot Features

Water Amenity
Yes

Patio And Porch Features

Covered
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

County Road
Yes

Road Surface Type

Paved
Yes

Roof

Composition
Yes

Sewer

Septic Tank
Yes
Septic Permit Not Found
Yes

Water Source

Shared Well
Yes
Listing Office: Smoky Mountain Real Estate Cor
Last Updated: August - 28 - 2024
Information deemed reliable but not guaranteed.