NOT LISTED FOR SALE

641 Gatlinburg Falls Way Gatlinburg, TN 37738

Estimated Value: $574,000 - $663,000

1 Bed
2 Baths
1,394 Sq Ft
$444/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $644,650 $462 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,912/month

7 Days on Market

Highlights

  • Bonus Room
  • Gatlinburg Pittman High School Rated A-
  • Cabin

About This Home

As of April 2022

New vacation rental opportunity! This cozy, 1400 square foot 1 bedroom cabin is currently earning about $50,000 annually! Located in the heart of the Smoky Mountains, only about 1 mile from the main parkway, this property in the Gatlinburg Falls Hidden Valley Resort is conveniently located to all the attractions our beautiful town has to offer. Stone's Throw is selling fully furnished and ready to rent, so potential buyers can begin earning income immediately. Check it out today!

Last Listed By

Angelina Knight

Great Mountain Realty LLC Listed on: 02/25/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $928

Year Built

  • Built in 2003

Lot Details

  • 1

HOA Fees

  • $288 Monthly HOA Fees

Home Design

  • Cabin

Interior Spaces

  • Bonus Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Utilities

  • Private Water Source
  • Shared Septic

Community Details

  • Wise Property Solutions Association
  • Gatlinburg Falls Subdivision

Listing and Financial Details

  • Tax Lot 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$928

Year Built

Built in 2003

Lot Details

0

HOA Fees

$288 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 576
  • Subdivision Name: Gatlinburg Falls
  • Above Grade Finished Sq Ft: 546.0
  • Architectural Style: Cabin
  • Location Tax and Legal Tax Lot2: 5
  • Location Tax and Legal:Tax Annual Amount: 927.82
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Above Grade Finished Area: 546.0
  • General Property Information Below Grade Finished Area: 848.0
  • General Property Information Bonus Room YN2: Yes
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Architectural Style Cabin2: Yes
  • Sewer Shared Septic: Yes
  • General Property Information Lot Size Dimensions: 0.00
  • Water Source Private6: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Street Number Modifier: 641
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Below Grade Sq Ft: 848.0

Exterior Features

  • Home Warranty: No

Utilities

  • Sewer: Shared Septic
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 287.75
  • Association Fee Frequency: Monthly
  • Association Name: Wise Property Solutions
  • Association: Yes

Lot Info

  • Lot Dimensions: 0.00

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 927.82
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2003
Sold by
Gatlinburg Falls Llc
Bought by
Christopher Buck
Total Days on Market
7
Current Estimated Value
$619,250

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
Christopher Buck $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wesch Aaron $544,000
Closed Buck Christopher $315,000
Closed Buck Christopher J $93,032
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2022 07/17/22 Off Market $644,650 -- --
04/18/2022 04/18/22 Sold $644,650 -- $462 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
Source: Great Smoky Mountains Association of REALTORS®

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 $2,006 $135,560 $10,000 $125,560
2023 $2,006 $135,560 $0 $0
2022 $1,361 $84,725 $6,250 $78,475
2021 $1,361 $84,725 $6,250 $78,475
2020 $927 $84,725 $6,250 $78,475
2019 $928 $45,950 $6,250 $39,700
2018 $928 $45,950 $6,250 $39,700
2017 $928 $45,950 $6,250 $39,700
2016 $928 $45,950 $6,250 $39,700
2015 -- $47,150 $0 $0
2014 $844 $47,144 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Angelina Knight

    Great Mountain Realty LLC

  • Zeke Goodman

    Buyer's Agent in 2022

    Zeke Goodman

    eXp Realty, LLC 7720

    (888) 519-5113

    128 Total Sales

    Zeke Goodman
    Section Image
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Map

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Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 247623

Great Smoky Mountains Association of REALTORS®

APN: 117P-E-001.00-005

Tennessee Sevier County Gatlinburg 37738

641 Gatlinburg Falls Way, Gatlinburg, TN

Homes for Sale in Gatlinburg, TN

This home is located at 641 Gatlinburg Falls Way, Gatlinburg, TN 37738 since 25 February 2022 and is currently estimated at $619,250, approximately $444 per square foot. This property was built in 2003. 641 Gatlinburg Falls Way is a home located in Sevier County with nearby schools including Catons Chapel Elementary School, Northview Elementary School, and Jones Cove Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Great Smoky Mountains Association of REALTORS® IDX information is provided exclusively for 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 displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed. Copyright 2025 Great Smoky Mountains Association of REALTORS®. All rights reserved.