425 Patterson Lane, Gatlinburg, TN 37738
$999,000
Property Type:
Residential
Bedrooms:
5
Baths:
4
Square Footage:
3,579
Lot Size (sq. ft.):
33,977
Status:
Closed
Current Price:
$999,000
List Date:
6/25/2022
Last Modified:
8/28/2024
Listing Details MLS# 251463
General Property Information
- Lot Size Acres
- 0.78
- Living Area
- 3579
- Above Grade Finished Area
- 2253
- Below Grade Finished Area
- 1326
- Bedrooms Total
- 5
- Bathrooms Total
- 4
- Bathrooms Full
- 3
- Bathrooms Half
- Yes
- Garage YN
- No
- Year Built
- 1995
- Bonus Room YN
- No
- Accessory Dwelling Unit YN
- No
- Sign On Property YN
- Yes
- Home Warranty YN
- No
- Furnished
- Furnished
- Construction Type
- Site Built
- View YN
- Yes
- List Price/SqFt
- 300.36
- Sold Price/SqFt
- 279.13
- Below Grade Unfinished Area
- 0
- Garage Spaces
- 0
Property Features
Appliances:
Dishwasher; Disposal; Dryer; Electric Range; Microwave; Range Hood; Refrigerator; Self Cleaning Oven; Washer
Architectural Style:
Cabin; Cottage; Country
Attic Features:
None
Basement:
Basement; Exterior Entry; Finished; Walk-Out Access
Construction Materials:
Block; Frame; Log Siding; Wood Siding
Cooling:
Central Air; Electric; Heat Pump
Exterior Features:
Rain Gutters; Storage
Fireplace Features:
Gas Log
Flooring:
Wood
Heating:
Central; Electric; Heat Pump
Interior Features:
Cathedral Ceiling(s); Ceiling Fan(s); High Speed Internet; In-Law Floorplan; Solid Surface Counters; Walk-In Closet(s); Wet Bar
Laundry Features:
Electric Dryer Hookup; Washer Hookup
Levels:
Three Or More
Listing Terms:
1031 Exchange; Cash; Conventional
Lot Features:
Level
Other Structures:
Shed(s); Storage
Parking Features:
Driveway; Paved
Patio And Porch Features:
Covered; Deck; Patio
Pool Features:
Hot Tub
Possession:
Close Of Escrow
Road Frontage Type:
City Street
Road Surface Type:
Paved
Roof:
Composition
Security Features:
Smoke Detector(s)
Sewer:
Public Sewer
Utilities:
Cable Available
View:
Mountain(s)
Water Source:
Public
Showing Requirements:
Appointment Only; Lockbox; See Remarks
Location Tax and Legal
- Street Number
- 425
- Street Name
- Patterson
- Street Suffix
- Lane
- 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
- 1075000
- Listing Contract Date
- 2022-06-25
- Owner Name
- Bradshaw
- Listing Agreement
- Exclusive Right To Sell
- Occupancy
- Either
- Association YN
- No
Remarks and Miscellaneous
- Public Remarks
- Amazing opportunity to own a 5 bedroom cabin in a great location and at a great price. This cabin is currently a full time residence but we have rental projections of $180,000 from a local management company. The property is just minutes from the Rocky Top Sports complex and about 10 minutes from downtown Gatlinburg. Sitting on just under an acre of near flat land, this property has a ton of potential as a short term rental, vacation home, or as a permanent residence. The property features plenty of parking, both covered and open. All on flat ground. The main level is an open concept with cathedral ceilings, real woods floors, full kitchen with granite counter tops and plenty of cabinet storage. The dining area is off the kitchen and has its own space with plenty of seating. Living room offers beautiful rustic furniture and a gas fireplace to cozy up to in the winter. The main level also has the over sized main suite with a king bed and huge bathroom. Full utility room with washer/dryer & half bath round out the main level. Upstairs has two large bedrooms with king size beds and the second full bathroom. The lower level offers plenty of opportunity with plenty of space. Currently it is setup as a secondary living area with small kitchen, rec area, and living room. This space would make a great game room or theater space. Bedrooms 4 and 5 are located on the lower level and feature a queen bed and then a twin over full Aspen bunk bed. The third full bathroom is located on this lower level as well. With full walk out access, the lower level goes outside to the wonderful fire pit area and hot tub, all with mountain views. This property has it all and would be a great addition to your portfolio. Property is occupied but easy to show.
- Directions
- From Glades road in Gatlinburg, turn right on to Proffitt Rd and then a right on Patterson. Home will be on the left. See sign.
Status Change Information
- Major Change Timestamp
- 2022-08-31T17:19:07Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2022-08-31
- Purchase Contract Date
- 2022-06-30
- Close Date
- 2022-08-31
- Close Price
- 999000
- Buyer Financing
- Cash
- Anticipated Closing Date
- 2022-08-31
More Information
Showing Requirements
- Showing Instructions
- Property is easy to show but is owner occupied and does require a few hours notice. To schedule a showing, call/text Christian Maloney at 865-809-3344. Rental projection supplied by Mitch Thompson with Venture Resorts. **ALL OFFERS TO INCLUDE ALL ASSOCIATED DOCUMENT DISCLOSURES** and to be sent to matthew@anniemaloney.com. **The following items will not convey with the cabin and must be excluded on the bill of sale: Outside - grills (2), storage bins (2), single & double ladder back rockers, yard art goat - Inside - small clock on entry table, duck taxidermy (2 ducks), electric fireplace (master bedroom), bedside lamps (master bedroom), exercise equipment (bike, treadmill, weights, etc).
- Appointment Only
- Yes
- Lockbox
- Yes
- See Remarks
- Yes
Historical Information
- Public Historical Remarks
- Interior Features: Large Primary Bedroom
Location, Tax, and Legal
- Restrictive Covenants YN
- Yes
- Zoning
- R-1
- Zoning Entity
- Sevier County
- Tax Lot
- 7
- Book/Page/Doc #
- 5630, 535
- Tax Annual Amount
- 1242.82
- Tax Year
- 2019
Appliances
- Dishwasher
- Yes
- Disposal
- Yes
- Dryer
- Yes
- Electric Range
- Yes
- Microwave
- Yes
- Range Hood
- Yes
- Refrigerator
- Yes
- Self Cleaning Oven
- Yes
- Washer
- Yes
Architectural Style
- Cabin
- Yes
- Cottage
- Yes
- Country
- Yes
Attic Features
- None
- Yes
Basement
- Basement
- Yes
- Exterior Entry
- Yes
- Finished
- Yes
- Walk-Out Access
- Yes
Construction Materials
- Block
- Yes
- Frame
- Yes
- Log Siding
- Yes
- Wood Siding
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
- Heat Pump
- Yes
Exterior Features
- Rain Gutters
- Yes
- Storage
- Yes
Fireplace Features
- Gas Log
- Yes
Flooring
- Wood
- Yes
Heating
- Central
- Yes
- Electric
- Yes
- Heat Pump
- Yes
Interior Features
- Cathedral Ceiling(s)
- Yes
- Ceiling Fan(s)
- Yes
- High Speed Internet
- Yes
- In-Law Floorplan
- Yes
- Solid Surface Counters
- Yes
- Walk-In Closet(s)
- Yes
- Wet Bar
- Yes
Laundry Features
- Electric Dryer Hookup
- Yes
- Washer Hookup
- Yes
Levels
- Three Or More
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Level
- Yes
Other Structures
- Shed(s)
- Yes
- Storage
- Yes
Parking Features
- Driveway
- Yes
- Paved
- Yes
Patio And Porch Features
- Covered
- Yes
- Deck
- Yes
- Patio
- Yes
Pool Features
- Hot Tub
- Yes
Possession
- Close Of Escrow
- Yes
Road Frontage Type
- City Street
- Yes
Road Surface Type
- Paved
- Yes
Roof
- Composition
- Yes
Security Features
- Smoke Detector(s)
- Yes
Sewer
- Public Sewer
- Yes
Utilities
- Cable Available
- Yes
View
- Mountain(s)
- Yes
Water Source
- Public
- Yes
Listing Office:
Prime Mountain Properties
Last Updated: August - 28 - 2024
Information deemed reliable but not guaranteed.