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5014 Latta WAY Gatlinburg, TN 37738
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Key Details
Sold Price $446,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,055 sqft
Price per Sqft $422
Subdivision Webb Creek
MLS Listing ID 268676
Sold Date 04/08/24
Style Cabin,Chalet,Contemporary,Cottage,Country,Craftsman,Log
Bedrooms 2
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,055
Originating Board Great Smoky Mountains Association of REALTORS®
Year Built 2003
Annual Tax Amount $533
Tax Year 2022
Lot Size 0.500 Acres
Acres 0.5
Property Description
MOTIVATED SELLER! Gorgeous SHORT TERM RENTAL cabin produced over $60,000 in Gross Rental Income in 2023 located in Gatlinburg with Vaulted ceilings, tons of privacy, a mountain view and easy access to downtown! All kitchen appliances, washer/dryer and furniture conveys to buyers. This well maintained cabin just had a $30k driveway/retaining wall put in with additional parking, balcony upgraded, fully stocked kitchen, and $15k in furnishings and decor! Additional features include: Rear deck with mountain view, loft area with spiral staircase, pullout couch and game table, Master on main with master bath, Jetted tub, walk in shower, private parking for 4 vehicles, metal roof and outside grill! Bonus: there is approximately over 300 sqf of unfinished basement you could utilize as a future living space. Enjoy all of this with NO HOA, low county only taxes and easy access to everything the smoky mountains have to offer! Currently managed with Evolve - on schedule to produce $60-70k for 2023. Perfect Short term rental below market value in Gatlinburg. Property is advertised to sleep 8 guests and minutes away from Great Smokies Mountain National Park, Art and Craft, shops, restaurants and entertainments. Sold turnkey.
Location
State TN
County Sevier
Zoning R-1
Direction GPS Friendly. Continue on E Highway 25 70 (US-70). Go for 2.4 mi. Then 2.44 miles. Turn left onto Highway 113 (TN-113). Go for 433 ft. Then 0.08 miles. Take ramp onto I-40 E toward Asheville. Go for 11.0 mi. Then 11.02 miles. Take exit 435 toward US-321/TN-32/Newport/Gatlinburg. Go for 0.3 mi. Then 0.26 miles. Turn right onto Cosby Hwy (US-321) toward Gatlinburg/Cosby/Tenn. D.O.T. Go for 5.5 mi. Then 5.55 miles. Turn right onto Wilton Springs Rd (US-321) toward TN-32 S. Go for 0.1 mi. Then 0.12 miles. Turn left onto Cosby Hwy (US-321). Go for 6.8 mi. Then 6.78 miles. Turn right onto Hooper Hw
Rooms
Basement Basement, Dirt Floor, Exterior Entry, Walk-Out Access
Dining Room 1 true
Kitchen true
Interior
Interior Features Cathedral Ceiling(s), Ceiling Fan(s), Formal Dining, Great Room, High Speed Internet, Soaking Tub, Solid Surface Counters, Walk-In Closet(s), Wet Bar
Heating Central, Electric, Heat Pump
Cooling Attic Fan, Central Air, Electric, Heat Pump
Flooring Wood
Fireplaces Type Electric
Fireplace Yes
Appliance Dishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Washer
Exterior
Garage Driveway, Private, Other
Waterfront No
View Y/N Yes
View Mountain(s), Seasonal
Roof Type Metal
Street Surface Dirt,Gravel
Porch Deck, Porch
Parking Type Driveway, Private, Other
Building
Lot Description Private, Wooded
Sewer Septic Tank
Water Shared Well
Architectural Style Cabin, Chalet, Contemporary, Cottage, Country, Craftsman, Log
Structure Type Block,Brick,Frame,Log,Log Siding,Masonite,Masonry,Stone,Wood Siding,Other
Others
Security Features Smoke Detector(s)
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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