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
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.
More Information MLS# 247772
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
Contract Information
Owner Name: Dorothy W Colvard Trust
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Occupant Type: Vacant
Association YN: No
Current Price: $949,900
Original List Price: 949900
Sold Price: $949,900
Status: Closed
Listing Contract Date: 2022-03-05
General Property Information
Lot Size Acres: 6.89
Above Grade Finished Area: 2294
Below Grade Finished Area: 0
Below Grade Unfinished Area: 0
Bathrooms Half: 0
Garage Spaces: 0
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
Living Area: 2294
Bedrooms Total: 7
Bathrooms Total: 7
Bathrooms Full: 7
Year Built: 1940
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
Status Change Timestamp: 2022-06-13
Buyer Financing: Conventional
Anticipated Closing Date: 2022-05-19
Major Change Timestamp: 2022-06-13T17:08:07Z
Major Change Type: Status Change
Purchase Contract Date: 2022-03-19
Close Date: 2022-06-13
Close Price: 949900
Architectural Style
Cottage: 1
Basement
Crawl Space: 1
Construction Materials
Frame: 1
Cooling
Central Air: 1
Levels
One: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Lot Features
Water Amenity: 1
Patio And Porch Features
Covered: 1
Possession
Close Of Escrow: 1
Road Frontage Type
County Road: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Sewer
Septic Tank: 1
Septic Permit Not Found: 1
Water Source
Shared Well: 1
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: 1
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
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
Listing Office:
Smoky Mountain Real Estate Cor
Last Updated: August - 28 - 2024
Information deemed reliable but not guaranteed.