4 months on rocket

510 Hemlock St, Gatlinburg, TN, 37738

$1,399,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths, 1 Partial
2,304 SqFt
$607/SqFt
House

Location

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510 Hemlock St, Gatlinburg$1,399,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingMain Level, Off-Street Parking
Year Built2020
HeatingCentral, Natural Gas, Electric
CoolingCentral Air
WaterfrontCreek, Water Access, River
FireplaceStone, Gas Log
ViewOther
MLS #1272313
Lot Size0.11 Acres
StatusActive

About 510 Hemlock St

Welcome to Rivercation: Your Premier Investment Property 2 minutes from Downtown Gatlinburg! Experience the perfect blend of rustic charm, modern elegance, and RIVER IN YOUR BACKYARD with Rivercation, a truly exceptional short-term rental property. Located just a 2-minute drive from downtown Gatlinburg, this 5-bedroom, 5.5-bathroom haven offers a serene escape while providing easy access to all the area's attractions. PROPERTY HIGHLIGHTS: • PRIME LOCATION: Just 2 minutes from downtown Gatlinburg, offering easy access to shops, restaurants, and entertainment. • Bedrooms: 5 bedrooms, 5.5 bathrooms, ensuring convenience and privacy for all. Sleeps 10. • River in the backyard: Perfect opportunity to highlight the ability to fish from the house for your guests. • Interior Design: A unique combination of rustic interior charm and modern exterior aesthetics creates a captivating ambiance. • Outdoor Space: A beautiful backyard opens to a river, perfect for grilling, relaxing by the fire pit, or enjoying conversations to the soothing sounds of flowing water. • Hot tub included on the upper deck. Deck has been re-enforced for the hot tub. • EV Charger & Ring Door Bell Camera Hardwired: Equipped with an EV charger, making it convenient for guests with electric vehicles. • Parking: Parking space for up to 4 cars, accommodating larger groups and families. INVESTMENT BENEFITS: • Proven Success: Consistently high occupancy rates with outstanding reviews, maintaining a 4.9-star rating on both Airbnb with 161 Reviews and an 'Exceptional' Rating on VRBO with 74-positive reviews. • Positive Cash Flow: A favorite in our portfolio, Rivercation is renowned for its excellent cash flow and strong returns on investment. • Rigorous Standards: The cabin undergoes annual inspections to meet Gatlinburg city and fire codes, ensuring it is always in top condition and compliant with safety regulations. • Impeccable Maintenance: Annual inspections and new outdoor furniture ensure the property is always in excellent condition • Turnkey Opportunity: Fully furnished and ready to continue its success, providing an immediate and hassle-free investment opportunity. Invest in Rivercation, where the charm of a cabin meets modern luxury, and the tranquil river setting creates an unforgettable experience for every guest. This property is more than just a rental; it's a beloved destination that guarantees satisfaction and exceptional returns. Contact us today to schedule a viewing and secure Rivercation as your next lucrative investment!

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, Craftsman
  • Year Built: 2020
  • Living Area: 2,304 SqFt

Listing Office:

  • Office Name: Karen Whitlock Realty
  • Office Phone: (865) 774-4848

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Basement: No
  • Flooring Type: Hardwood
  • Interior: Pantry, Eat-in Kitchen
  • Fireplace: Stone, Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Creek, Water Access, River
  • View: Other
  • Exterior: Patio, Deck, Balcony

Parking Information:

  • Attached Garage: No
  • Parking: Main Level, Off-Street Parking

Lot Features

Lot Information:

  • Lot: Creek, River
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Parkway in Gatlinburg, turn onto Hemlock St. at caution light #2. Cross bridge and turn right at T intersection--continue to home on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,399,000
  • Price Per SqFt: $607/SqFt

Tax Information:

  • Annual Amount: $4,449
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Gatlinburg, TN.

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Gatlinburg, TN

City

Med. Sold Price

$635.7K

Med. Price/SqFt

$396

Avg. Days On Market

80

# of Sold Homes

12

510 Hemlock St vs Gatlinburg

136 DAYS ON ROCKET

+56 Days

$1,399,000

+$763.2K More

$607/SqFt

+$210 More

KEY TAKEAWAY

This property is $763.2K more than the Median Sold Price and $210/SqFt more 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: #1272313

Listing Office:

  • Office Name: Karen Whitlock Realty
  • Office Phone: (865) 774-4848

IDX 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.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 7:21:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 07, 2021Home Sold
$990,000
Oct 10, 2012Home Sold
$375,000
May 07, 2007Home Sold
$225,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,449$408,800
2019$1,151$57,000
2018$1,151$57,000
2017$1,151$57,000

History based on county public records data.

Payment Calculator

$7,050

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,261

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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.

Nearby Schools

school-card-donut-905925
4
/10

  • Pi Beta Phi Elementary School

  • 125 Cherokee Orchard Rd

  • 0.82 miles

  • Public District Grades PK-6

school-card-donut-905926
5
/10

  • Pittman Center Elementary School

  • 2455 E Parkway

  • 5.93 miles

  • Public District Grades PK-6

school-card-donut-905927
5
/10

  • Catons Chapel Elementary School

  • 3135 Catons Chapel Rd

  • 6.30 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,357. The most common annual income of people living in Gatlinburg, TN is less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 510 Hemlock St

What is the listing price of this property?

The listing price of 510 Hemlock St property is $1,399,000.

What type of property is this?

The property 510 Hemlock St is a house located in Gatlinburg, Tennessee, 37738.

Is this property for sale now?

Active Listing: 510 Hemlock St 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 $4,449 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 7, 2021 for $990,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 510 Hemlock St has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 510 Hemlock St is 2,304 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 510 Hemlock St is 2020.

Rocket Homes›Tennessee›Sevier County›Gatlinburg›37738›510 Hemlock St

This home is located at 510 Hemlock St in Gatlinburg, TN and zip code 37738. This 2,304 square foot home, which was built in 2020, sits on a 0.11 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $1,399,000.

Over 1 listings were sold over their listed price in November 2024 in Gatlinburg, TN. In the same period over 9 listings were sold below the listed price and 2 listings were sold for the listed price. The number of homes for sale in Gatlinburg, TN increased by 14.9% between October 2024 and November 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.

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