Closed

$435,000

725 W Highland Dr, Gatlinburg, TN 37738

2beds

993sqft

Single Family Residence

Built in 1957

0.36 Acres Lot

$420,600 Zestimate^®

$438/sqft

$2,098 Estimated rent

Home value

$420,600

$383,000 - $458,000

$2,098/mo

Zestimate^® history

Owner options

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$2,098/mo

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$2,098/mo

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$2,494/mo

Est. payment

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$2,494/mo

Est. payment

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What's special

Investment opportunity for an income producing property located within the city limits of Gatlinburg, in the Glades community. Projected yearly income of approx $60k. Seasonal mountain views. Minutes to Hwy 321, nearby shops, restaurants, and attractions. Recent improvements include new HVAC, Plumbing, Kitchen Remodel, Windows, Interior Paint (2019), New Metal Roof (2022), Driveway, Porch, Patio, Exterior Sealer/Paint, Light Fixtures and Ceiling Fans, Flooring, Bath Remodels, New Hot Tub and French Door (2023) Backyard Area Remodel (2024). Separate driveway on the left side of the property, with water & sewer, and has 50amp of power on that side right now for RV Hookup. furnished and turnkey ready. Come check out this awesome investment opportunity.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Heat Pump, Electric

Cooling

Other, Central Air, Ceiling Fan(s)

Appliances

Included: Dryer, Microwave, Range, Refrigerator, Washer

Features

Walk-In Closet(s), Kitchen Island, Eat-in Kitchen
Flooring: Carpet, Vinyl
Basement: Crawl Space
Number of fireplaces: 1
Fireplace features: Electric

Interior area

Total structure area: 993
Total interior livable area: 993 sqft

Property

Parking

Parking features: None

Features

Has view: Yes
View description: Country Setting

Lot

Size: 0.36 Acres
Features: Wooded, Irregular Lot, Rolling Slope

Details

Additional structures: Storage
Parcel number: 117D A 020.00

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Wood Siding, Frame

Condition

Year built: 1957

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Glades Highland

Location

Region: Gatlinburg

Financial & listing details

Price per square foot: $438/sqft
Tax assessed value: $88,300
Annual tax amount: $354
Date on market: 5/24/2024
Listing terms: Cash,Conventional

Price history

Date	Event	Price
8/20/2024	Sold	$435,000-10.3%$438/sqft
Source: East Tennessee Realtors #1264008 Report a problem
7/20/2024	Pending sale	$485,000$488/sqft
Source: East Tennessee Realtors #1264008 Report a problem
7/8/2024	Price change	$485,000-3%$488/sqft
Source: East Tennessee Realtors #1264008 Report a problem
6/10/2024	Price change	$499,900-2.9%$503/sqft
Source: East Tennessee Realtors #1264008 Report a problem
5/24/2024	Listed for sale	$515,000+3%$519/sqft
Source: East Tennessee Realtors #1264008 Report a problem
3/29/2024	Listing removed	--
Source: East Tennessee Realtors #1175375 Report a problem
12/20/2021	Listing removed	$499,900$503/sqft
Source: East Tennessee Realtors #1175375 Report a problem
12/6/2021	Listed for sale	$499,900+474.6%$503/sqft
Source: East Tennessee Realtors #1175375 Report a problem
4/5/2019	Sold	$87,000-7.9%$88/sqft
Source: RealTracs MLS as distributed by MLS GRID #3237498 Report a problem
3/22/2019	Pending sale	$94,500$95/sqft
Source: PRIME MOUNTAIN PROPERTIES #217747 Report a problem
3/21/2019	Price change	$94,500-9.9%$95/sqft
Source: PRIME MOUNTAIN PROPERTIES #217747 Report a problem
1/31/2019	Price change	$104,900-4.2%$106/sqft
Source: PRIME MOUNTAIN PROPERTIES #217747 Report a problem
12/27/2018	Listed for sale	$109,500$110/sqft
Source: PRIME MOUNTAIN PROPERTIES #217747 Report a problem
11/10/2018	Pending sale	$109,500$110/sqft
Source: PRIME MOUNTAIN PROPERTIES #217747 Report a problem
10/5/2018	Price change	$109,500-0.4%$110/sqft
Source: PRIME MOUNTAIN PROPERTIES #217747 Report a problem
9/12/2018	Price change	$109,900-4.4%$111/sqft
Source: PRIME MOUNTAIN PROPERTIES #217747 Report a problem
8/1/2018	Listed for sale	$114,900+88.4%$116/sqft
Source: PRIME MOUNTAIN PROPERTIES #217747 Report a problem
7/16/1999	Sold	$61,000+22.2%$61/sqft
Source: Public Record Report a problem
7/2/1996	Sold	$49,900$50/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$354	$22,075
2024	$354	$22,075
2023	$354	$22,075
2022	$354	$22,075
2021	--	$22,075 +14.8%
2020	$388 +8.6%	$19,225
2019	$358 -7.9%	$19,225
2018	$388 +0%	$19,225
2017	$388 -0.3%	$19,225
2016	$389	$19,225 -10.8%
2015	--	$21,550 0%
2014	$386	$21,557
2013	$386 0%	$21,557
2012	$386 +0%	$21,557
2011	$386	$21,557
2010	--	$21,557 -5.9%
2009	$387	$22,908
2008	$387	$22,908
2007	$387 +13.4%	$22,908
2006	$341 -19%	$22,908
2005	$421 +39.1%	$22,908 +39.1%
2004	$303 +12.9%	$16,463
2002	$268	$16,463
2001	--	$16,463 -75%
2000	--	$65,851