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Key Details
Sold Price $480,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,242 sqft
Price per Sqft $386
Subdivision The Gatehouse Condominiums
MLS Listing ID 249504
Sold Date 08/10/22
Style Condominium
Bedrooms 2
Full Baths 2
HOA Fees $350/mo
HOA Y/N Yes
Abv Grd Liv Area 1,242
Originating Board Great Smoky Mountains Association of REALTORS®
Year Built 2002
Annual Tax Amount $1,621
Tax Year 2019
Property Description
Spacious beautifully decorated 2 bedroom/2 bath condo at The Gatehouse Condominium is being offered for sale. Each King bedroom has its own private full bathroom. These condos were built with top of the line amenities including cherry cabinets, granite countertops, tile, and carpet. Ceiling Fans, gas fireplace, private patio overlooking the Little Pigeon River with seasonal mountain views. These condos have a trolley stop at the parking area and are within walking distance to downtown Gatlinburg. Perfect for your vacation home, investment home, or permanent home. The HOA includes Water/Sewer, Cable/Internet, Gas, Trash, and all exterior maintenance, swimming pool, and common area insurance. Each condo has 1 parking spot in the covered parking underneath the building (for owners) and 1 parking spot in the front parking lot area. The complex is equipped with elevators as well as stairs. This unit comes fully furnished and is currently on a well established rental program. Gross Revenues for 2022 already are at $29K and in 2021, it generated over $48,500 in gross revenues. These rental revenue numbers do include taxes and fees. Looking for location and top notch amenities, then this one is for you! Don't miss your opportunity to own your own home in the Smokies!
Location
State TN
County Sevier
Zoning C-2
Direction Travel on Highway US 441/321N into Gatlinburg from Sevierville or Pigeon Forge. At Traffic Light # 3, turn left onto East Parkway. Travel .7 miles and you see Gatehouse Condos on the right side of the road. Turn left onto Roaring Fork Extension (just in front of SmartBank). Unit 203 is located on the 2nd floor.
Rooms
Basement None
Dining Room 1 true
Kitchen true
Interior
Interior Features Ceiling Fan(s), Elevator, High Speed Internet, Soaking Tub, Solid Surface Counters
Heating Central
Cooling Central Air
Flooring Wood
Fireplaces Type Gas Log
Fireplace Yes
Window Features Window Treatments
Appliance Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Washer
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Parking Features Driveway, Paved
Pool Private
Utilities Available Cable Available
Amenities Available Pool
View Y/N Yes
View Mountain(s), River
Roof Type Composition
Porch Patio
Road Frontage City Street
Garage No
Building
Sewer Public Sewer
Water Public
Architectural Style Condominium
Structure Type Cement Siding,Stone
Others
Security Features Smoke Detector(s)
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA
Listing Terms 1031 Exchange, Cash, Conventional, FHA
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