NOT LISTED FOR SALE

1060 Black Bear Cub Way Sevierville, TN 37862

Estimated Value: $1,221,850 - $1,702,000

8 Beds
5.5 Baths
5,458 Sq Ft
$266/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $722,500 $132 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $8,210/month

11 Days on Market

Highlights

  • Pool and Spa
  • Deck
  • Furnished
  • Gatlinburg Pittman High School Rated A-
  • 2 Fireplaces
  • Log Cabin

About This Home

As of September 2020

***$137,000 - $174,000 GROSS RENTAL PROJECTIONS*** Amazing opportunity to own a massive 8 bedroom 5.5 bathroom cabin with private theater in the Smokies. This awesome cabin has tons of potential to continue to be a great investment to pay for itself and put money in your pocket. New floors throughout, great amenities internally featuring multi-cade games, pool table, tv, theater room featuring 9' screen and central location with just a short drive to Pigeon Forge! This low HOA low tax investment is one for the books as it can sleep up to 26 people comfortably based on the size of over 5000 sq ft! Neighboring cabin for sale also see 1056 Black Bear Cub Way (Buy both for a massive 16 bedroom 16 bathroom cabin!) Drone picture not indicative of view.

Last Agent to Sell the Property

Tracy King

Your Home Sold Guaranteed Real License #302880 Listed on: 07/27/2020

Your Home Sold Guaranteed Real

Last Buyer's Agent

Jeana Maddux

eXp Realty, LLC 7720 License #348719

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,423

Year Built

  • Built in 2006

Lot Details

  • Property fronts a county road

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Log Cabin
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • 2 Fireplaces
  • Washer

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Crawl Space

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Shared Septic

Community Details

  • Association fees include insurance, roads
  • Black Bear Ridge Pud Subdivision

Listing and Financial Details

  • Tax Lot 146R

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,423

Year Built

Built in 2006

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso Association Fee Includes: Insurance, Roads
  • Co List Office Mls Id: 612
  • Subdivision Name: Black Bear Ridge Pud
  • Above Grade Finished Sq Ft: 3890.0
  • Architectural Style: Log
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Location Tax and Legal Tax Lot2: 146R
  • Location Tax and Legal:Tax Annual Amount: 2423.0
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Above Grade Finished Area: 3890.0
  • General Property Information Below Grade Finished Area: 1568.0
  • General Property Information:Bathrooms Half: 1
  • General Property Information Bonus Room YN2: No
  • General Property Information:Furnished: Furnished
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Log2: Yes
  • Cooling:Central Air: Yes
  • Roof:Composition: Yes
  • Water Source:Public: Yes
  • Sewer Shared Septic: Yes
  • Road Frontage Type County Road: Yes
  • Levels Three Or More: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Crawl Space, Finished, Walk-Out Access
  • Appliances: Dishwasher, Microwave, Refrigerator, Washer
  • Street Number Modifier: 1060
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Below Grade Sq Ft: 1568.0
  • Fireplaces: 2
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Home Warranty: No
  • Construction Type: Frame, Log, Log Siding, Wood Siding
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Log Siding: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Paved
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central
  • Sewer: Shared Septic
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee: 125.0
  • Association Fee Frequency: Monthly
  • Association: No

Association/Amenities

  • Association Fee Includes:Insurance: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2423.0
  • Tax Lot: 146R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2020
Sold by
Ruparelia Vishal
Bought by
Blackbear1060 Trust
Current Estimated Value
$1,452,617

Purchase Details

Listed on
Jul 27, 2020
Closed on
Sep 10, 2020
Sold by
Lake & Resort Properties Llc
Bought by
Ruparelia Vishal
Seller's Agent
Tracy King
Your Home Sold Guaranteed Real
Buyer's Agent
Jeana Maddux
eXp Realty, LLC 7720
List Price
$750,000
Sold Price
$722,500
Premium/Discount to List
-$27,500
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.74%
Original Mortgage
$650,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2009
Sold by
Aurora Loan Svcs Llc
Bought by
Lake

Purchase Details

Closed on
Apr 8, 2009
Sold by
Sabate Anibal
Bought by
Aurora Loan Svcs Llc

Purchase Details

Closed on
Jun 1, 2006
Sold by
Omar Amet Jorge
Bought by
Anibal Sabate
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Blackbear1060 Trust -- None Listed On Document
Ruparelia Vishal $722,500 Maryville Title Agency
Lake $290,000 --
Aurora Loan Svcs Llc $295,680 --
Anibal Sabate $765,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruparelia Vishal $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2020 12/10/20 Off Market $722,500 -- --
09/10/2020 09/10/20 Sold $722,500 -3.7% $132 / Sq Ft
08/07/2020 08/07/20 Price Changed $749,999 0.0% $137 / Sq Ft
07/27/2020 07/27/20 For Sale $750,000 -- $137 / Sq Ft
Source: Great Smoky Mountains Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,606 $311,200 $11,200 $300,000
2024 $4,606 $311,200 $11,200 $300,000
2023 $4,606 $311,200 $0 $0
2022 $2,879 $194,500 $7,000 $187,500
2021 $2,879 $194,500 $7,000 $187,500
2020 $2,423 $194,500 $7,000 $187,500
2019 $2,423 $130,275 $7,000 $123,275
2018 $2,423 $130,275 $7,000 $123,275
2017 $2,423 $130,275 $7,000 $123,275
2016 $2,423 $130,275 $7,000 $123,275
2015 -- $108,350 $0 $0
2014 $1,766 $108,353 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 229433

Great Smoky Mountains Association of REALTORS®

APN: 093L-A-001.00-101