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216 Locust Street

216 Locust Street, Gatlinburg, TN 37738
Property in Sevier
Sold Jan 18, 2008
$31,400
$125,406 by Peoples Home Equity Inc
Mortgage Due May 01, 2048
Sold Jul 18, 2007
$51,400
216 Locust Street in Gatlinburg, TN was first built in 1962 and is 62 years old. Although, the building on the property was most recently renovated and altered in 1984. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 216 Locust Street has 1,558 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a municipal system. The property is connected to a sewer system. For those who need parking, there is a carport. The garage is 286 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. While the interior walls are made of paneling. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 216 Locust Street sold most recently in Jan 1, 1970 for a total of $31,400. If you work out the math, that's approximately a cost of $20.15 per sqft. Before that, the property was also sold for $51,400 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $485 in taxes each year. 216 Locust Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $32,775. If we break it down further, the land itself was valued at $6,575. Improvements to the property, however, were assessed at a total of $26,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 286
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,558
  • Gross Building Area: 1,558
  • Building Area: 1,558
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,558
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: B B MONTGOMERY FARM
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: B B MONTGOMERY FARM PB 5 PG 27 LOT 39

Ownership

  • Current Owner : BROWN LARRY S
  • Previous Owner : LORENE BROWN
  • Owner Before Previous Owner: LORENE BROWN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sevier County School District
  • School Tax School District: 78287
  • Census Tract: 081103

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 117N
  • District: 11
  • Parcel: 117N-D-019.00
  • Block: B
  • Lot: 39
  • Municipality: GATLINBURG
  • Latitude: 35.7297
  • Longitude: -83.4703

    Address

  • Full Address: 216 Locust St
  • Address - House Number: 216
  • Address - Street Name: Locust
  • Address - Suffix Type: St
  • State: TN
  • City Name: Gatlinburg
  • Carrier Code: R001
  • 4-Digit Zip Code: 5634
  • Zip Code: 37738

Valuation

    Tax

  • Total Area: 1,558
  • Tax Year: 2023
  • Tax Amount: $485
  • Tax Rate Code Area: 78A01

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 423,840
  • High Value: 618,439
  • Low Value: 229,240

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,406
  • First Open Lien Mortgage Lender: PEOPLES HOME EQUITY INC
  • First Open Lien Mortgage Recording Date: May 02, 2018
  • First Open Lien Mortgage Loan Amount: $125,406
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2048

    Market Valuation

  • Market Total Value: $131,100
  • Market Land Value: $26,300
  • Market Improvement Value: $104,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $32,775
  • Assessed Land Value: $6,575
  • Assessed Improvements Value: $26,200

    Sales

  • Current Sale Recording Date: Jan 18, 2008
  • Current Sale Transaction ID: 1082575238
  • Current Sale Price: $31,400
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 18, 2007
  • Previous Sale Amount: $51,400
  • Previous Sale Document Type: Deed

About Gatlinburg



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Frequently Asked Questions

What neighborhood is 216 Locust Street located in?
The 216 Locust Street is a located in the neighborhood of Sevier in Gatlinburg, Gatlinburg.
What is the average sales price for listings in 216 Locust Street?
The average sales price for units in 216 Locust Street is $0 currently.

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