NOT LISTED FOR SALE

1114 Cove Falls Way Pigeon Forge, TN 37863

Estimated Value: $997,238

2 Beds
2.5 Baths
1,344 Sq Ft
$742/Sq Ft Est. Value

Last Sold March 25, 2020

Last sale price $375,000 $279 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $5,450/month

115 Days on Market

Highlights

  • 6.53 Acre Lot
  • Deck
  • Log Cabin
  • Gatlinburg Pittman High School Rated A-
  • Community Pool
  • Cooling Available

About This Home

As of March 2020

Location, Location, Location! No need to wait on new construction as this one year old cabin is better than new ''and comes fully furnished''! It has special touches of a HGTV designer, spectacular views with a cozy front porch, deck off of the master suite, and a private backyard. This place is perfect for entertaining and creating lots of special memories. Located in the Bear Cove Falls Resort, it is a great investment with yearly rental income of $52,000.00. This home has all the ''feels'' and won't last long. Call today for your personal showing.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,105

Year Built

  • Built in 2018

Lot Details

  • 6.53 Acre Lot
  • Lot Has A Rolling Slope

HOA Fees

  • $178 Monthly HOA Fees

Home Design

  • Log Cabin
  • Frame Construction

Interior Spaces

  • 1,344 Sq Ft Home
  • Property has 2 Levels
  • Vinyl Flooring
  • Crawl Space
  • Property Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 095 02302 000

Community Details

Overview

  • Association fees include sewer, water
  • Bear Cove Falls Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,105

Year Built

Built in 2018

Lot Details

0

HOA Fees

$178 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • Year Built: 2018
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplace: No
  • Flooring: Vinyl
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1344
  • Building Area Units: Square Feet
  • Living Area: 1344
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Frame, Other
  • Patio And Porch Features: Patio, Deck
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup

Condo/Co-op/Association

  • HOA Fee Includes: Sewer, Water
  • Association Fee: 178
  • Association Fee Frequency: Monthly
  • Amenities: Pool
  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Acres: 6.53
  • Lot Size Units: Acres
  • Parcel #: 095 02302 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2022
Sold by
Cabins And Mountain Properties Llc
Bought by
Paws Up Cabin Llc
Current Estimated Value
$997,238

Purchase Details

Closed on
Jun 24, 2022
Sold by
1021 Timeless Way Llc
Bought by
Morrow Benjamin and Morrow Anna

Purchase Details

Closed on
Apr 6, 2022
Sold by
Faber Investments Llc
Bought by
Xu Xiang Hui Daryl and Chang Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,041,250
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2022
Sold by
Cook and Ashley
Bought by
Garg Gautam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,041,250
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2021
Sold by
Lewis Jacob Kelvin
Bought by
Jkl Sunshine Rentals Llc

Purchase Details

Closed on
Aug 4, 2021
Sold by
Morrow Benjamin and Smelser Daniel Josiah
Bought by
1021 Timeless Way Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,087,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2021
Sold by
Dabuxstra Llc
Bought by
Morrow Benjamin and Smelser Daniel Josiah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,087,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2021
Sold by
Stenbakken Erik and Stenbakken Gelerie
Bought by
Finn Rentals Llc

Purchase Details

Listed on
Oct 15, 2019
Closed on
May 22, 2020
Sold by
Tennessee Developers Group Llc
Bought by
Johnston James Michael and Johnston Patricia Joyce
List Price
$390,000
Sold Price
$375,000
Premium/Discount to List
-$15,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.16%
Original Mortgage
$435,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 15, 2019
Closed on
Jan 27, 2020
Sold by
Tennessee Developers Group Llc
Bought by
Asr Pigeon Forge Property 5201 Llc
List Price
$390,000
Sold Price
$375,000
Premium/Discount to List
-$15,000
-3.85%

Purchase Details

Closed on
Sep 24, 2019
Sold by
Tennessee Developer S Group Llc
Bought by
Faber Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2019
Sold by
Daniell Timothy and Burcham Bradley
Bought by
Fogle Dennis and Menninga Terri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2019
Sold by
Soffer Jeffrey Isaac and Cohen Allison Michele
Bought by
Yourcation Awaits Llc

Purchase Details

Closed on
Apr 2, 2019
Sold by
Burcham Bradley Y
Bought by
Soffer Jeffrey Isaac

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2018
Sold by
Tennesse Developers Group Llc
Bought by
Madore David M and Madore Jody L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 17, 2018
Sold by
Tennessee Developers Group Llc
Bought by
Burcham Bradley Y and Burcham Daniel Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 14, 2018
Closed on
Aug 30, 2018
Sold by
Tennessee Developers Group Llc
Bought by
Pbo Hospitality Management Inc
Seller's Agent
Tony Thomas
Weichert, REALTORS - Tiger Rea
Buyer's Agent
Christopher Kirkland
Realty Executives Associates Knox
List Price
$249,900
Sold Price
$267,400
Premium/Discount to List
$17,500
7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.73%
Original Mortgage
$456,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 14, 2018
Closed on
Aug 29, 2018
Sold by
Tennessee Developers Group Llc
Bought by
Burcham Bradley Y and Daniell Timothy
Seller's Agent
Tony Thomas
Weichert, REALTORS - Tiger Rea
Buyer's Agent
Christopher Kirkland
Realty Executives Associates Knox
List Price
$249,900
Sold Price
$267,400
Premium/Discount to List
$17,500
7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 14, 2018
Closed on
Jul 3, 2018
Sold by
Tennessee Developers Group Llc
Bought by
Lattimer James Lee
Seller's Agent
Tony Thomas
Weichert, REALTORS - Tiger Rea
Buyer's Agent
Christopher Kirkland
Realty Executives Associates Knox
List Price
$249,900
Sold Price
$267,400
Premium/Discount to List
$17,500
7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 14, 2018
Closed on
May 23, 2018
Sold by
Tennessee Developers Group Llc
Bought by
Ross Charlie M and Ross Karen K
Seller's Agent
Tony Thomas
Weichert, REALTORS - Tiger Rea
Buyer's Agent
Christopher Kirkland
Realty Executives Associates Knox
List Price
$249,900
Sold Price
$267,400
Premium/Discount to List
$17,500
7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,290
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2018
Sold by
Tennessee Developer S Group Llc
Bought by
Burcham Bradley Y and Daniell Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 29, 2018
Sold by
Tennessee Developer S Group Llc
Bought by
Burcham Bradley Y and Daniell Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 28, 2016
Sold by
Tennessee Developers Group Inc
Bought by
Tennessee Developers Group Llc

Purchase Details

Closed on
Jun 30, 2010
Bought by
Tennessee Developers Group Llc
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 Buyer Sale Price Title Company
Paws Up Cabin Llc $925,000 Smoky Mountain Title
Morrow Benjamin -- Tennessee Land Title
Xu Xiang Hui Daryl $1,225,000 Smoky Mountain Title
Garg Gautam $975,000 Maryville Title & Escrow
Jkl Sunshine Rentals Llc -- None Available
1021 Timeless Way Llc -- Tennessee Land Title
Morrow Benjamin $1,450,000 Tennessee Land Title
Finn Rentals Llc -- Foundation T&E Series Llc
Johnston James Michael $610,000 Smoky Mountain Title
Asr Pigeon Forge Property 5201 Llc $1,000,000 Maryville Title Agency
Faber Investments Llc $809,000 Smoky Mountain Title
Fogle Dennis $700,000 Maryville Title Agency
Yourcation Awaits Llc -- Smoky Mountain Title
Soffer Jeffrey Isaac $585,000 Smoky Mountain Title
Madore David M $399,900 Smoky Mountain Title
Burcham Bradley Y $570,000 Smoky Mountain Title
Pbo Hospitality Management Inc $489,900 Heritage Title Agency Inc
Burcham Bradley Y $535,000 Smoky Mountain Title
Lattimer James Lee $267,400 Tennessee Valley Title
Ross Charlie M $317,000 Professional Title
Burcham Bradley Y $482,000 Smoky Mountain Title
Burcham Bradley Y $500,000 Smoky Mountain Title
Tennessee Developers Group Llc -- --
Tennessee Developers Group Llc $1,010,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xu Xiang Hui Daryl $1,041,250
Previous Owner Garg Gautam $633,750
Previous Owner Morrow Benjamin $1,087,500
Previous Owner Johnston James Michael $435,000
Previous Owner Faber Investments Llc $825,000
Previous Owner Fogle Dennis $484,350
Previous Owner Soffer Jeffrey Isaac $468,000
Previous Owner Burcham Bradley Y $456,000
Previous Owner Burcham Bradley Y $428,000
Previous Owner Lattimer James Lee $227,290
Previous Owner Ross Charlie M $222,000
Closed Garg Gautam $243,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2020 03/25/20 Sold $375,000 -3.8% $279 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
10/15/2019 10/15/19 For Sale $390,000 +45.8% $290 / Sq Ft
07/03/2018 07/03/18 Sold $267,400 +7.0% $199 / Sq Ft View Prior Sale
05/19/2018 05/19/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $249,900 -- $186 / Sq Ft
Source: Realtracs

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 -- -- -- --
2024 -- -- -- --
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $7,853 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $2,341 $381,200 $113,675 $267,525
2016 $2,341 $113,675 $113,675 $0
2015 -- $114,300 $0 $0
2014 $2,092 $114,305 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2848654

Realtracs

APN: 095-023.02