2 months on rocket

641 Gatlinburg Falls Way, Gatlinburg, TN, 37738

$599,900

Home List Price

$7,124*

Closing Credit

1 Bedroom
2 Full Baths
1,404 SqFt
$427/SqFt
House

Location

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641 Gatlinburg Falls Way, Gatlinburg$599,900

Buyer Closing Credits

$7,124*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAsphalt
Year Built2003
HeatingCentral, Heat Pump
CoolingCentral Air, Heat Pump
FireplacePrimary Bedroom, Great Room
ViewMountain(s)
MLS #9971872
StatusActive

About 641 Gatlinburg Falls Way

This 1,404 SqFt cabin, situated just 5 minutes from downtown Gatlinburg, offers a prime location near both Gatlinburg and Pigeon Forge. Nestled within Gatlinburg Falls Resort, it features a master bedroom with a fireplace and an en-suite bathroom that opens to the living room, which boasts a second fireplace. A spacious loft area serves as a second bedroom and game room, complete with another full bathroom. Recent upgrades include new LVP flooring in the master bedroom, brand-new stainless steel kitchen appliances as of January 2023, and a new HVAC system installed in March of 2023. The cabin comes fully furnished and generated over $74,000 in gross revenue for the year 2023. See attached projected income in documents.

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin, Log
  • Year Built: 2003
  • Living Area: 1,404 SqFt

Listing Office:

  • Office Name: KW Johnson City
  • Office Phone: (423) 433-6500
  • Listing Agent: Elaine Crawford, Booney Crawford

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Hardwood, Tile
  • Interior: Primary Downstairs, Open Floorplan, Whirlpool
  • Fireplace: Primary Bedroom, Great Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s)
  • Exterior: Back Fence, Porch/Covered, Deck, Porch Front, Balcony

Parking Information:

  • Attached Garage: No
  • Parking: Asphalt

Utilities

Utilities Information:

  • Heating: Central, Heat Pump
  • Cooling: Central Air, Heat Pump

Other

Directions Information:

  • Directions: Traveling into Gatlinburg from the parkway turn Left on Dudley Creek Rd. At the stop sign continue straight onto Hidden Valley Rd. Turn Left into Gatlinburg Falls Resort. Cabin is second on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,900
  • Price Per SqFt: $427/SqFt

HOA Fees:

  • Amount: $340
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $927
  • 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

641 Gatlinburg Falls Way vs Gatlinburg

79 DAYS ON ROCKET

-1 Day

$599,900

-$35.8K Less

$427/SqFt

+$30 More

KEY TAKEAWAY

This property is $35.8K less than the Median Sold Price and $30/SqFt more than other homes in Gatlinburg, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Tennessee/Virginia Regional MLS
  • MLS Number: #9971872

Listing Office:

  • Office Name: KW Johnson City
  • Office Phone: (423) 433-6500
  • Listing Agent: Elaine Crawford, Booney Crawford

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. 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. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2024 Tennessee Virginia Regional MLS. All Rights Reserved.
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, 7:21:05 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$927$84,725
2019$928$45,950
2018$928$45,950

History based on county public records data.

Payment Calculator

$3,402

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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-908326
4
/10

  • Pi Beta Phi Elementary School

  • 125 Cherokee Orchard Rd

  • 1.87 miles

  • Public District Grades PK-6

school-card-donut-908327
5
/10

  • Pittman Center Elementary School

  • 2455 E Parkway

  • 4.89 miles

  • Public District Grades PK-6

school-card-donut-908328
5
/10

  • Catons Chapel Elementary School

  • 3135 Catons Chapel Rd

  • 5.18 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 $46,006. 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 641 Gatlinburg Falls Way

What is the listing price of this property?

The listing price of 641 Gatlinburg Falls Way property is $599,900.

What type of property is this?

The property 641 Gatlinburg Falls Way is a house located in Gatlinburg, Tennessee, 37738.

Is this property for sale now?

Active Listing: 641 Gatlinburg Falls Way 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 $927 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 641 Gatlinburg Falls Way has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 641 Gatlinburg Falls Way is 1,404 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 641 Gatlinburg Falls Way is 2003.

Rocket Homes›Tennessee›Sevier County›Gatlinburg›37738›641 Gatlinburg Falls Way

This home is located at 641 Gatlinburg Falls Way in Gatlinburg, TN and zip code 37738. This 1,404 square foot home was built in 2003. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $599,900.

In November 2024 more than 1 listings in Gatlinburg, TN were sold above the asking price. During the same period more than 2 listings were sold at asking price, while 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, listings were on the market for 80 days. During the same period, the median list price in this real estate market was $635,715.

From Rocket Homes Real Estate and based on county public records data.

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