LOCATION LOCATION!!! Beautiful 2 BR 2.5 bath Cape Cod home with Amazing large Covered Wrap around Porch. The property is located just three minutes from Downtown Gatlinburg. This immaculate home has been Well Loved and cared for, sits in the Arts and Craft District of Gatlinburg and is zoned for OVERNIGHT RENTAL or Permanent Residence. Walk into a wonderful open concept with a Living room with Cathedral ceilings open to a large kitchen and dining area with lots of windows for light. The kitchen has lots of cabinetry and new appliances. Enjoy the gas fireplace on a cold winter day. Extra large Master Suite on the main level with Amazing en suite bath. This Master bath is exceptional with a beautiful garden tub, stall jetted shower, heated towel racks, tile floors and large walk in closets. There are double doors in the Master Suite that lead out to a private deck. The 2nd level has a oversized bedroom and full bath with large closet for storage. The house has new Luxury Vinyl Flooring in the Master suite and 2nd level bedroom. The property has been freshly painted. The house sits on a nicely landscaped 0.47 acre level Lot and has lots of space for parking. All city services available. This property has been used as a Permanent Residence but would make a Great Overnight Rental or Airbnb. Come make this your home in the Smoky Mountains!!!
Property Details
Property Features
Property Information:
Architectural Style: Cape Cod, Contemporary, Traditional
Directions: From Downtown Gatlinburg take 321 East Parkway to a left onto Glades Road. Travel approx. 1 mile to a Rt. onto Shields View to the first left Palmer Rd.. The property is the third house on the Rt. on Palmer Rd. See Sign.
Price Information
Listing Price Info
Price Summary:
List Price: $560,000
Price Per SqFt: $266/SqFt
Tax Information:
Annual Amount: $955
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Gatlinburg, TN.
This property is $75.7K less than the Median Sold Price and $131/SqFt less than other homes in Gatlinburg, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1271191
Listing Office:
Office Name: Century 21 MVP
Office Phone: (865) 429-2121
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,862
Per Month
Principal & Interest
$2,795
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,745
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Pi Beta Phi Elementary School
125 Cherokee Orchard Rd
Distance between this listing and this school2.91 miles
Public District Grades PK-6
5
/10
Pittman Center Elementary School
2455 E Parkway
Distance between this listing and this school3.37 miles
Public District Grades PK-6
5
/10
Catons Chapel Elementary School
3135 Catons Chapel Rd
Distance between this listing and this school4.92 miles
Public District Grades PK-6
Nearby Schools
4
/10
Pigeon Forge Junior High School
300 Wears Valley Rd
Distance between this listing and this school8.25 miles
Public District Grades 7-9
5
/10
Wearwood Elementary School
3150 Wearwood Dr
Distance between this listing and this school10.02 miles
Public District Grades KG-8
3
/10
Sevierville Middle School
520 High St
Distance between this listing and this school10.30 miles
Public District Grades 6-8
Nearby Schools
7
/10
Gatlinburg Pittman High School
150 Proffitt Rd
Distance between this listing and this school1.06 miles
Public District Grades 10-12
5
/10
Pigeon Forge High School
414 Tiger Dr
Distance between this listing and this school8.41 miles
Public District Grades 10-12
5
/10
Sevier County High School
1200 Dolly Parton Pkwy
Distance between this listing and this school9.85 miles
The neighbors living near this home have an average income of $58,043. Most Gatlinburg, TN residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 222 Palmer Rd
What is the listing price of this property?
The listing price of 222 Palmer Rd property is $560,000.
What type of property is this?
The property 222 Palmer Rd is a house located in Gatlinburg, Tennessee, 37738.
Is this property for sale now?
Active Listing: 222 Palmer Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $955 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 15, 2018 for $245,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 222 Palmer Rd has 2 bedrooms and 2 full and 1 half bathrooms.
What is the square footage of this property?
The property 222 Palmer Rd is 2,109 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 222 Palmer Rd is 2008.
This home is located at 222 Palmer Rd in Gatlinburg, TN and zip code 37738. This 2,109 square foot home, which was built in 2008, sits on a 0.47 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 29, 2024 and is currently priced at $560,000.
While more than 1 listings in Gatlinburg, TN in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 9 were sold below. In November 2024 in Gatlinburg, TN there were 14.9% more homes for sale than in October 2024. In November 2024 median list price was $635,715 and the average listing age was 80 days.
From Rocket Homes Real Estate and based on county public records data.