NOT LISTED FOR SALE

1663 Mountain Lodge Way Pigeon Forge, TN 37862

Estimated Value: $809,468 - $1,149,000

5 Beds
4 Baths
2,246 Sq Ft
$424/Sq Ft Est. Value

Last Sold November 24, 2022

Last sale price $975,000 $434 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,982/month

34 Days on Market

Highlights

  • Pool and Spa
  • Deck
  • Furnished
  • Gatlinburg Pittman High School Rated A-
  • Wood Flooring
  • Solid Surface Countertops

About This Home

As of November 2022

Beautiful! 5 bedroom, 4 bath true log cabin on 3 levels. A true turn-key investment located in a mountain resort convenient to the Parkway in Pigeon Forge and Wears Valley. Interior features Cathedral ceilings in the living room with large peak windows, rec room with arcade system and a pool table, and a spacious loft with extra entertainment/sleeping area. Grand master BR is located on the top floor and has it's own private fireplace and Jacuzzi. A large back deck with rocking chairs and a spacious bubbling hot tub. the recent updates withing few years include fresh staining, new carpets, new tile in the kitchen and bath, new furniture, bedding and more. Comes fully furnished, and sleeps 15 on overnight rental program. The same size cabins in this resort are producing 100K-130K Gross a Year

Last Listed By

Irena McCoy

Century 21 MVP License #306096 Listed on: 08/29/2022

Century 21 MVP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,207

Year Built

  • Built in 2005

Lot Details

  • Property fronts a private road
  • Property is zoned R-2

HOA Fees

  • $153 Monthly HOA Fees

Home Design

  • Log Cabin
  • Composition Roof
  • Log Siding

Interior Spaces

  • 2,246 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pool and Spa
  • Deck
  • Covered patio or porch

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 11

Community Details

Overview

  • Association fees include insurance, ground maintenance, roads
  • Covered Bridge Resort HOA
  • Covered Bridge Resort Subdivision
  • On-Site Maintenance

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,207

Year Built

Built in 2005

Lot Details

0

HOA Fees

$153 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Zoning: R-2
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub, Private
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Pool
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Roads
  • Co List Office Mls Id: 12
  • Subdivision Name: Covered Bridge Resort
  • Above Grade Finished Sq Ft: 2246.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Two
  • ResoWindowFeatures: Window Treatments
  • Location Tax and Legal Tax Lot2: 11
  • Location Tax and Legal:Tax Annual Amount: 2206.62
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Above Grade Finished Area: 2246.0
  • 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 Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features Private4: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Road Frontage Type:Private Road: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Microwave, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Soaking Tub, Solid Surface Counters
  • Street Number Modifier: 1663
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Electric
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Electric Cooktop: Yes
  • Interior Features:Solid Surface Counters: Yes

Exterior Features

  • Roof: Composition
  • Home Warranty: No
  • Construction Type: Log, Log Siding
  • Patio And Porch Features: Covered, Deck
  • Construction Materials:Log: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Log Siding: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 460.0
  • Association Fee Frequency: Quarterly
  • Association Name: Covered Bridge Resort HOA
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2206.62
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2006
Sold by
Covered Bridge Resort On W
Bought by
Ben Adeyi
Total Days on Market
34
Current Estimated Value
$951,489

Range of Values:

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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
Ben Adeyi $420,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Off Market $975,000 -- --
11/24/2022 11/24/22 Sold $975,000 +85.7% $434 / Sq Ft
10/02/2022 10/02/22 Pending -- -- --
11/12/2020 11/12/20 Off Market $525,000 -- --
08/14/2020 08/14/20 Sold $525,000 -2.7% $203 / Sq Ft
06/11/2020 06/11/20 Price Changed $539,800 -1.8% $208 / Sq Ft
04/01/2020 04/01/20 For Sale $549,900 -- $212 / 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
2024 $6,352 $214,600 $16,000 $198,600
2023 $6,352 $214,600 $0 $0
2022 $2,207 $134,125 $10,000 $124,125
2021 $2,207 $134,125 $10,000 $124,125
2020 $1,413 $134,125 $10,000 $124,125
2019 $1,413 $68,575 $10,000 $58,575
2018 $1,413 $68,575 $10,000 $58,575
2017 $1,413 $68,575 $10,000 $58,575
2016 $1,413 $68,575 $10,000 $58,575
2015 -- $66,625 $0 $0
2014 $1,219 $66,615 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 253660

Great Smoky Mountains Association of REALTORS®

APN: 093J-B-001.00-011