NOT LISTED FOR SALE

120 Bon Air Dr Unit 5042 Gatlinburg, TN 37738

Estimated Value: $486,000 - $666,000

2 Beds
2 Baths
1,200 Sq Ft
$478/Sq Ft Est. Value

Last Sold August 09, 2023

Last sale price $575,000 $479 Per Sq Ft

Current estimated payment $3,718/month

34 Days on Market

Highlights

  • Unit is on the top floor
  • City View
  • Contemporary Architecture
  • Gatlinburg Pittman High School Rated A-
  • Landscaped Professionally
  • Whirlpool Bathtub

About This Home

As of August 2023

Step inside the warm and inviting living space.Open concept design seamlessly combines the living room, dining area, and kitchen allowing for effortless socializing and relaxation.The living area is thoughtfully furnished creating a comfortable haven where you can unwind after a day of exploring the mountains. Flat screen tv for your viewing pleasure.You'll find a stylish dining table that seats 6 or more. Enjoy home cooking or takeout from nearby restaurants. The chef's delight kitchen has stainless appliances, cherry cabinets and granite tops with room to whip up a quick breakfast or full meal.The main bedroom is a tranquil retreat with its own balcony for star gazing and a jacuzzi tub for winding down after the day's adventures. The second bedroom offers two queen beds for your good night's sleep a large tv and adjacent full bath with tub and shower. Off the living area is another balcony with mountain views and opportunities to see the brilliant fall color. It's the perfect spot for morning coffee and breathing the mountain air. Enjoy the heated pool and hot tub for guests of Summit Manor. More than ample parking so you can park once and walk to the Space Needle, the Tram to Ober Mountain, the pancake houses, candy kitchens, and moonshine tastings. Gatlinburg is the gateway to the Great Smoky Mountains with hiking, water falls, a river to play in. At the same time the amusements of Pigeon Forge and Dollywood are nearby. Restaurants and shops with unique souvenirs and places like Ripley's Aquarium and Anakeesta offer entertainment to fill your days and nights. This delightful condo offers the opportunity to make an investment in family memories or an opportunity to increase your investment income. Make your appointment now. This charming mountain retreat is calling.

Last Listed By

Lavance Davis

The Real Estate Firm, Inc. License #227333 Listed on: 06/23/2023

The Real Estate Firm, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $154

Year Built

  • Built in 2007

Lot Details

  • Cul-De-Sac
  • Landscaped Professionally
  • Level Lot

HOA Fees

  • $372 Monthly HOA Fees

Property Views

  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Synthetic Stucco Exterior
  • Masonry

Interior Spaces

  • 1,200 Sq Ft Home
  • Wired For Data
  • Gas Log Fireplace
  • Drapes & Rods
  • Great Room
  • Combination Dining and Living Room
  • Storage Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Available
  • Common or Shared Parking
  • Parking Lot
  • Off-Street Parking

Schools

  • Gatlinburg Pittman High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available
  • Cable TV Available

Additional Features

  • Balcony
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 126N C 016.00

Community Details

Overview

  • Association fees include building exterior, association insurance, trash, sewer, grounds maintenance, water
  • Summit Manor Subdivision
  • Mandatory home owners association
  • On-Site Maintenance

Recreation

  • Community Pool

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$154

Year Built

Built in 2007

Lot Details

0

HOA Fees

$372 per month

Listing Details

  • Directions: Bon Air Drive is between Leconte Creek Rd and Historic Nature Trail in downtown Gatlinburg. South of Traffic Light #8 Go up the hill . Plenty of parking. Take elevator to 5th floor. Parking is available at the building. Take elevator to 5th floor
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 2007
  • Subdivision Name: Summit Manor
  • Architectural Style: Other, Contemporary
  • Property Attached Yn: Yes
  • View:Mountain View: Yes
  • Lot Description:Cul-De-Sac: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1200.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • Cooling:Central Cooling: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Floors:Laminate: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Floors:Tile2: Yes
  • Misc Features:Drapes: Yes
  • Misc Features:Wired for Internet: Yes
  • Dining Area:Breakfast Bar: Yes
  • Misc Features:Whirlpool Tub: Yes
  • AtchdDtchd Type:Attached: Yes
  • Misc Features:Elevator2: Yes
  • General Property Description:Position of Unit: top floor
  • Siding:Synthetic Stucco: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Laminate, Tile
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Split Bedroom: Yes
  • Basement:None14: Yes

Exterior Features

  • Exterior Features: Prof Landscaped, Cable Available (TV Only), Balcony
  • View: Mountain View, City
  • Lot Features: Cul-De-Sac, Level
  • Construction Type: Synthetic Stucco, Brick
  • Exterior Features:Cable Available (TV Only): Yes
  • Exterior Features:Prof Landscaped: Yes
  • Construction:Masonry: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Main Level, Off-Street Parking, Common
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:Main Level: Yes
  • GarageParking:Common: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Amenities: Elevator(s), Pool
  • Association Fee: 372.03
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Community Amenities:Sidewalks: Yes
  • Community Amenities:Swimming Pool: Yes
  • Association Fee Incl:Trash: Yes
  • Association Fee Incl:Association Ins: Yes
  • Association Fee Incl:Grounds Maintenance: Yes
  • Association Fee Incl:Building Exterior: Yes
  • Association Fee Incl:Sewer3: Yes
  • Association Fee Incl:Water3: Yes
  • Community Amenities:Elevator: Yes

Fee Information

  • Association Fee Includes: Building Exterior, Association Ins, Trash, Sewer, Grounds Maintenance, Water

Schools

  • High School: Gatlinburg Pittman

Lot Info

  • Parcel #: 126N C 016.00

Tax Info

  • Tax Annual Amount: 154.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Aug 9, 2023
Sold by
Strickland Community Property Trust
Bought by
Morris Lewis and Morris Pamela
Seller's Agent
Lavance Davis
The Real Estate Firm, Inc.
Buyer's Agent
Shannen Goodman
LPT Realty, LLC
List Price
$575,000
Sold Price
$575,000
Total Days on Market
34
Views
310
Current Estimated Value
$573,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,540
Avg. Annual Appreciation
0.25%

Purchase Details

Closed on
Dec 16, 2020
Sold by
Patel Pramod and Patel Shital
Bought by
Strickland Jack B and Strickland Joy P

Purchase Details

Closed on
Apr 8, 2008
Sold by
Summit Manor Llc
Bought by
Cottrell Family Partnership Lp

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Morris Lewis $575,000 None Listed On Document
Strickland Jack B $680,000 None Available
Cottrell Family Partnership Lp $319,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2023 08/09/23 Sold $575,000 0.0% $479 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $575,000 -- $479 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,814 $122,560 -- $122,560
2023 $1,814 $122,560 $0 $0
2022 $1,968 $122,560 $0 $122,560
2021 $1,230 $122,560 $0 $122,560
2020 $1,378 $76,600 $0 $76,600
2019 $1,380 $68,350 $0 $68,350
2018 $1,380 $68,350 $0 $68,350
2017 $1,380 $68,350 $0 $68,350
2016 $1,380 $68,350 $0 $68,350
2015 -- $67,975 $0 $0
2014 $1,216 $67,972 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: East Tennessee REALTORS® MLS

MLS Number: 1231261

East Tennessee REALTORS® MLS

APN: 126N-C-016.00-C-037