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Key Details
Sold Price $400,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 924 sqft
Price per Sqft $432
Subdivision Laurel Inn
MLS Listing ID 267907
Sold Date 04/15/24
Style Condominium
Bedrooms 2
Full Baths 2
HOA Fees $408/mo
HOA Y/N Yes
Abv Grd Liv Area 924
Originating Board Great Smoky Mountains Association of REALTORS®
Year Built 1988
Annual Tax Amount $703
Tax Year 2022
Property Sub-Type Single Family Residence
Property Description
BACK ON MARKET NO FAULT OF SELLER! ONLY CONDO IN GATLINBURG WITH A ROOFTOP PATIO!! REDUCED! Seller says bring offers! ABSOLUTELY FANTASTIC LOCATION AND CONDO! THIS MAY BE ONE OF THE MOST AMAZING AND UNIQUE PENTHOUSE CONDOS OVERLOOKING DOWNTOWN GATLINBURG! This 2/bedroom 2 bath condo has two Balconies, one small balcony off the living room area and a HUGE OUTDOOR BALCONY that is about 250 +-SQUARE FEET! PLUS there is a picnic table and covered patio outside the front door area. You can see the Space Needle and all of downtown Gatlinburg with the mountains in the background! It also is unique as it has a Washer and Dryer connection so you can live here year round if you wish! Super reasonable HOA of 408.00 includes your pool, water, sewer, trash, cable/wifi and maintenance of the building! All you pay is the electric bill! You can walk to town using the back stairs which drops you out near the fire station on Reagan drive, or go down the hill on Cherokee Orchard and not hit any stairs. Close to Anakeesta, The Ripley's Aquarium and all of the fun in DOWNTOWN GATLINBURG! WATCH THE NEW YEARS EVE FIREWORKS FROM YOUR OWN BALCONY! Seller has had this with evolve and it averaged about 32K-35K rental income, with 42k in 2021, after fees and cleaning costs! Even with quite a bit of owner usage. RECENT HVAC, well maintained, clean unit. Fully furnished with the exception of some of the photos/art on wall. PERFECT 1031 EXCHANGE, RENTAL OR FULL TIME LIVING PROPERTY! CALL TODAY AND LET'S GET STARTED ON YOUR DREAMS! Insurance costs about 480.00 per year! Seller may pay some towards your closing costs or buy downs! CALL TODAY!
Location
State TN
County Sevier
Zoning C-2
Direction Take Parkway into Gatlinburg and turn left at Light 2 at corner of Subway and Aquarium, onto Cherokee Orchard, then go up hill and make a right u-turn onto E Holly Ridge Road, you will pull in the third driveway on L into Laurel Inn Parking lot, take elevator to 6th floor
Rooms
Basement None
Interior
Interior Features Cathedral Ceiling(s), Ceiling Fan(s), Elevator, High Speed Internet
Heating Heat Pump
Cooling Central Air, Electric, Heat Pump
Fireplaces Type Gas Log, Insert
Fireplace Yes
Window Features Double Pane Windows
Appliance Dishwasher, Electric Cooktop, Electric Range, Microwave, Range Hood, Refrigerator
Exterior
Amenities Available Pool
Roof Type Metal
Street Surface Paved
Porch Patio, Other
Road Frontage City Street
Garage No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Condominium
Structure Type Masonry,Synthetic Stucco
Others
Security Features Smoke Detector(s)
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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