416 Deer Path Lane, Gatlinburg, TN 37738
$1,125,000
Property Type:
Residential
Bedrooms:
5
Baths:
6
Square Footage:
4,636
Lot Size (sq. ft.):
35,719
Status:
Closed
Current Price:
$1,125,000
List Date:
10/16/2020
Last Modified:
8/30/2024
Description
This awesome home has been transformed into one of the top producing short term rental properties in this entire area! Gross income from March through December 2019 totaled $109,966. Gross income year to date for 2020 with a few days still available is currently $163,573 given down time from March through May 2020 due to Covid 19. Located in the Cobbly Nob community just above Bent Creek Golf Resort and directly across from the Great Smoky Mountains National Park offering many area hiking trails & recreation areas! HOA includes swimming pools, year road maintenance, and 24/7 security!
More Information MLS# 230703
Location, Tax, and Legal
Zip +4: 6324
Restrictive Covenants YN: Yes
Zoning: A-1
Zoning Entity: Sevier County
Tax Lot: 0
Book/Page/Doc #: 4840, 58
Tax Annual Amount: 1450
Tax Year: 2019
Contract Information
Association Type: Mandatory
Owner Name: Dakat Properties Llc
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Rental History Gross Amount 1: 163573
Rental History Year 1: 2020
Rental History Gross Amount 2: 109966
Rental History Year 2: 2019
Association YN: No
Association Fee: 1359
Association Fee Frequency: Annually
Association Name: Cobbly Nob Property Owners
Current Price: $1,125,000
Original List Price: 1100000
Sold Price: $1,125,000
Status: Closed
Listing Contract Date: 2020-10-16
General Property Information
Lot Size Acres: 0.82
Above Grade Finished Area: 2582
Below Grade Finished Area: 2054
Below Grade Unfinished Area: 0
Garage YN: No
Bathrooms Half: 2
Garage Spaces: 0
Bonus Room YN: No
Number of Bonus Rooms: 0
Furnished: Furnished
Accessory Dwelling Unit YN: No
Sign On Property YN: No
Home Warranty YN: No
Construction Type: Site Built
View YN: Yes
List Price/SqFt: 237.27
Sold Price/SqFt: 242.67
Living Area: 4636
Bedrooms Total: 5
Bathrooms Total: 6
Bathrooms Full: 4
Year Built: 1973
Remarks and Miscellaneous
Public Remarks: This awesome home has been transformed into one of the top producing short term rental properties in this entire area! Gross income from March through December 2019 totaled $109,966. Gross income year to date for 2020 with a few days still available is currently $163,573 given down time from March through May 2020 due to Covid 19. Located in the Cobbly Nob community just above Bent Creek Golf Resort and directly across from the Great Smoky Mountains National Park offering many area hiking trails & recreation areas! HOA includes swimming pools, year road maintenance, and 24/7 security!
Directions: From traffic light #3 in Gatlinburg take East Parkway (Hwy 321 N) approximately 9 miles to left on Butler Branch Road at the Main Entrance to Cobbly Nob. Continue past the guard shack and through Bent Creek Golf Course stay straight on Butler Branch Road then take the 2nd left up Deer Path Lane. Continue up to 416 Deer Path Lane on the right This Magic Moment
Status Change Information
Status Change Timestamp: 2021-01-04
Buyer Financing: Conventional
Major Change Timestamp: 2021-01-04T17:35:32Z
Major Change Type: Status Change
Purchase Contract Date: 2020-10-20
Close Date: 2021-01-04
Close Price: 1125000
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Refrigerator: 1
Washer: 1
Architectural Style
Log: 1
Association Amenities
Pool: 1
Association Fee Includes
Roads: 1
Security: 1
Basement
Finished: 1
Construction Materials
Log Siding: 1
Cooling
Electric: 1
Heat Pump: 1
Fireplace Features
Fireplaces Total: 2
Masonry: 1
Foundation Details
Slab: 1
Heating
Electric: 1
Heat Pump: 1
Interior Features
Cathedral Ceiling(s): 1
High Speed Internet: 1
Walk-In Closet(s): 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Private: 1
Parking Features
Driveway: 1
Paved: 1
Patio And Porch Features
Deck: 1
Pets Allowed
Yes: 1
Possession
Close Of Escrow: 1
Rental
Rental History: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Security Features
Smoke Detector(s): 1
Sewer
Septic Tank: 1
Septic Permit Not Found: 1
View
Mountain(s): 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Restricted Hours: 1
Showing Instructions: Please send listing agent a courtesy text 865-617-5934 when planning to show this property. Call Elk Springs Resort at 866-550-1795 option 2 to check availability and schedule previews or showings.
See Remarks: 1
Historical Information
Public Historical Remarks: Interior Features: Large Primary Bedroom
Location Tax and Legal
Street Number: 416
Street Name: Deer Path
Street Suffix: Lane
County: Sevier
State: TN
Zip Code: 37738
Property Sub Type: Single Family Residence
MLS Area Major: Cobbly Nob
Subdivision Name: Cobbly Nob
Property Features
Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Washer
Architectural Style: Log
Association Amenities: Pool
Association Fee Includes: Roads; Security
Basement: Finished
Construction Materials: Log Siding
Cooling: Electric; Heat Pump
Fireplace Features: Masonry
Foundation Details: Slab
Heating: Electric; Heat Pump
Interior Features: Cathedral Ceiling(s); High Speed Internet; Walk-In Closet(s)
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: Two
Listing Terms: Cash; Conventional
Lot Features: Private
Parking Features: Driveway; Paved
Patio And Porch Features: Deck
Pets Allowed: Yes
Possession: Close Of Escrow
Rental: Rental History
Road Surface Type: Paved
Roof: Composition
Security Features: Smoke Detector(s)
Sewer: Septic Tank; Septic Permit Not Found
View: Mountain(s)
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Agent; Restricted Hours; See Remarks
Listing Office:
Cosby Real Estate, Inc.
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.