$725,000
SOLD OCT 23, 2019

1060 Pinecrest Way Pigeon Forge, TN 37862

3 Beds
5.5 Baths
3,245 Sq Ft
0.71 Acres

Recently Sold

$223 Per Sq Ft

9% Below List Price

51 Days on Market

Highlights

  • Mountain View
  • Deck
  • Wood Flooring
  • Gatlinburg Pittman High School Rated A-
  • Cathedral Ceiling
  • 2 Fireplaces

About This Home

As of July 2021

TWO cabins with HUGE VIEWS and income of $135,985 to match! Located side by side in Pigeon Forge area (off light #6) these two upscale beauties have proven cash flow income. One cabin is a 2-Bedroom PLUS 1 bonus room, the other is a 1-Bedroom PLUS bonus room. This is a prime investment opportunity-- views like this are hard to come by, and maximize rentals. Cabins have separate septic tanks but share fill lines, are on one parcel and cannot be sold individually. FUTURE BOOKINGS CONVEY WITH THE SALE, so step right into it from day one!

Last Agent to Sell the Property

Jane Terrell

Prime Mountain Properties License #313205 Listed on: 07/23/2019

Prime Mountain Properties

Co-Listed By

Lynn Chalache

Prime Mountain Properties License #317826

Last Buyer's Agent

FRED HAMMER

RECIPROCAL OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,872

Year Built

  • Built in 2004

Lot Details

  • 0.71 Acre Lot
  • Property fronts a county road

Home Design

  • Log Cabin
  • Log Siding
  • Stucco

Interior Spaces

  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Double Pane Windows
  • Window Treatments
  • Bonus Room
  • Wood Flooring
  • Mountain Views
  • Finished Basement

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank
  • Septic Permit Issued

Community Details

  • No Home Owners Association
  • Falcon View Subdivision

Listing and Financial Details

  • Tax Lot 4-E

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,872

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Zoning: R-1
  • CoListOfficeEmail: virginiaalmy@sprintmail.com
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
  • Reso View: Mountain(s)
  • Co List Office Mls Id: 325
  • Co List Office Mls Id: 325
  • Subdivision Name: Falcon View
  • Above Grade Finished Sq Ft: 1841.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • ResoWindowFeatures: Double Pane Windows, Window Treatments
  • Location Tax and Legal Tax Lot2: 4-E
  • Location Tax and Legal:Tax Annual Amount: 1872.1
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Lot Size Acres: 0.71
  • General Property Information Above Grade Finished Area: 1841.0
  • General Property Information Below Grade Finished Area: 1404.0
  • General Property Information:Bathrooms Half: 1
  • General Property Information Bonus Room YN2: Yes
  • 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
  • General Property Information View YN2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Land Features View Mountains: Yes
  • Road Frontage Type County Road: Yes
  • Sewer Septic Permit On File: Yes
  • Road Surface Type Gravel2: Yes
  • Water Source:Well: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s)
  • Street Number Modifier: 1060
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1404.0
  • Fireplaces: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Acres: 0.71
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log, Log Siding, Stucco
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Log Siding: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank, Septic Permit On File
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • HeatingCooling:Electric: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Name: 0
  • Association: No

Lot Info

  • Lot Size Sq Ft: 30927.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1872.1
  • Tax Lot: 4-E

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2023
Sold by
Pinecrest Way Llc
Bought by
Begle Holdings Llc
Current Estimated Value
$1,088,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$890,000
Outstanding Balance
$864,974
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$13,830

Purchase Details

Listed on
Mar 9, 2021
Closed on
Jul 7, 2021
Sold by
Bonwill Enterprises Llc
Bought by
Pinecrest Way Llc
Seller's Agent
Cheryl Hawkins
Remax Adventure Realty
Buyer's Agent
Steve Larimer
Knox Realty
Sold Price
$915,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.96%
Original Mortgage
$716,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 25, 2014
Closed on
May 27, 2015
Sold by
Eclipse Luxury Mountain Lodges Llc
Bought by
Lark Stake Llc
Seller's Agent
Suzy Compton-Hays
All Pro REALTORS, Inc.
Buyer's Agent
Deanna Dellinger
Century 21 Four Seasons Realty Parkway
List Price
$419,000
Sold Price
$380,000
Premium/Discount to List
-$39,000
-9.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.41%
Original Mortgage
$265,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2012
Sold by
Systems And Regulatory Sol
Bought by
Eclipse Luxury Mountain Lodges

Purchase Details

Closed on
Oct 19, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Systems

Purchase Details

Closed on
Jan 19, 2010
Sold by
Plazza Bendetto
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 18, 2007
Sold by
Paolo Plazza
Bought by
Benedetto Plazza

Purchase Details

Closed on
Jun 15, 2005
Sold by
Azpurua Alan J
Bought by
Plazza Bendetto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.66%
Source: Public Records

Range of Values:

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Average Value
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List Price
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 Type Sale Price Title Company
Warranty Deed $1,190,000 Smoky Mountain Title
Warranty Deed $915,000 Smoky Mountain Title
Warranty Deed $380,000 --
Quit Claim Deed -- --
Deed $199,900 --
Deed $288,190 --
Deed -- --
Deed $380,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $890,000 New Conventional
Previous Owner $716,000 Purchase Money Mortgage
Previous Owner $265,000 New Conventional
Previous Owner $694,000 Small Business Administration
Previous Owner $304,000 No Value Available
Previous Owner $38,000 No Value Available
Previous Owner $126,181 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $915,000 +140.8% $282 / Sq Ft
08/25/2020 08/25/20 Off Market $380,000 -- --
01/28/2020 01/28/20 Off Market $725,000 -- --
10/23/2019 10/23/19 Sold $725,000 -9.3% $223 / Sq Ft
07/23/2019 07/23/19 For Sale $799,000 +110.3% $246 / Sq Ft
05/27/2015 05/27/15 Sold $380,000 -9.3% $107 / Sq Ft
04/21/2015 04/21/15 Pending -- -- --
11/25/2014 11/25/14 For Sale $419,000 -- $118 / 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 $2,090 $141,200 $12,000 $129,200
2024 $2,090 $141,200 $12,000 $129,200
2023 $2,090 $141,200 $0 $0
2022 $1,306 $88,250 $7,500 $80,750
2021 $1,306 $88,250 $7,500 $80,750
2020 $968 $88,250 $7,500 $80,750
2019 $968 $52,025 $7,500 $44,525
2018 $968 $52,025 $7,500 $44,525
2017 $968 $52,025 $7,500 $44,525
2016 $968 $52,025 $7,500 $44,525
2015 -- $52,275 $0 $0
2014 $852 $52,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 223688

Great Smoky Mountains Association of REALTORS®

APN: 094I-A-011.00