NOT LISTED FOR SALE

1706 Bear Path Way Sevierville, TN 37876

Estimated Value: $472,452

9 Beds
6.5 Baths
4,671 Sq Ft
$101/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $500,000 $107 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,586/month

92 Days on Market

Highlights

  • Pool and Spa
  • 5.71 Acre Lot
  • Bonus Room
  • Gatlinburg Pittman High School Rated A-
  • Mountain View
  • No HOA

About This Home

As of April 2022

Come launch your own mini-resort in the beautiful Smoky Mountains with these sites on over 5.7 acres. Just 16 minutes from Veterans BLVD in Pigeon Forge, and nestled in it's own little cove, all five of these cabins will benefit from your rehab skills and creative ideas. Hiking trails on the property lead from the holler up to the ridge, and wildlife in the area are abundant. Open up views with some timber work and really make these cabins sing. Three of the cabins are a flippers dream. One of the units currently has a tenant that is departing shortly. One unit is a mobile home that was converted to a hybrid permanent structure. No value is being placed on the mobile or currently occupied structures. There is plenty of value in the three traditional cabins. Improved as overnight rentals these should perform very well due to the incredible setting and reasonable distance from the park, Pigeon Forge, and Gatlinburg. There are three 2-bedroom cabins waiting for your creativity, and at least 2 more sites to bring in a tiny homes or build something to replace what's there. Roll up your sleeves, and stake your overnight rental claim in the Smoky Mountains with Bear Path Way!

Last Agent to Sell the Property

Lesley Adams

Mountain Realty Group Listed on: 11/05/2021

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM License #105

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $726

Year Built

  • Built in 1989

Lot Details

  • 5.71 Acre Lot
  • Property fronts a county road

Property Views

  • Mountain
  • Seasonal

Home Design

  • Wood Siding

Interior Spaces

  • 4,671 Sq Ft Home
  • Bonus Room

Bedrooms and Bathrooms

  • 9 Bedrooms

Parking

  • Private Parking
  • Driveway

Pool

  • Pool and Spa

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating Available
  • Shared Well
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • 5 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$726

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1989
  • Zoning: A-1
  • Reso Property Sub Type: Multi Family
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel, Paved
  • Reso View: Mountain(s), Seasonal
  • Fireplace: No
  • Garage Yn: No
  • Location Tax and Legal Tax Lot2: 0
  • Location Tax and Legal:Tax Annual Amount: 726.33
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 5.71
  • General Property Information Bonus Room YN2: Yes
  • General Property Information Home Warranty YN: No
  • General Property Information View YN2: Yes
  • Land Features View Mountains: Yes
  • View Seasonal: Yes
  • Road Frontage Type County Road: Yes
  • Road Surface Type Gravel2: Yes
  • Water Source:Well: Yes
  • Pool Features Hot Tub: Yes
  • General Property Information Fireplace YN: No
  • Water Source Shared Well: Yes
  • Cooling Wall Unit(s): Yes
  • General Property Information Number Of Units Total2: 5.0
  • Cooling:Window Unit(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Street Number Modifier: 1706
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 9

Exterior Features

  • Acres: 5.71
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Private
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Private3: Yes

Utilities

  • Cooling: Wall Unit(s), Window Unit(s), Other
  • Heating: Other
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Shared Well, Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 248727.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 726.33
  • Tax Lot: 0

Multi Family

  • Number Of Units Total: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Apr 7, 2022
Sold by
Jp Developments Llc
Bought by
Odaniel Danny L and Odaniel Patricia L
Seller's Agent
Lesley Adams
Mountain Realty Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$569,000
Sold Price
$500,000
Premium/Discount to List
-$69,000
-12.13%
Current Estimated Value
$472,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,548
Avg. Annual Appreciation
-1.58%

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 20, 2021
Sold by
Pastorius John B and Pastorius Janice G
Bought by
Jp Developments Llc
Seller's Agent
Chris Gonzalez
Pristine Realty, INC.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$485,000
Sold Price
$350,000
Premium/Discount to List
-$135,000
-27.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.15%
Original Mortgage
$348,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2002
Sold by
Sumrall Robert P
Bought by
Pastorius John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.95%

Purchase Details

Closed on
Aug 14, 1998
Sold by
Lott Harvey L
Bought by
Sumral Robert P

Purchase Details

Closed on
Dec 1, 1989
Bought by
Lott Harvey L and Lott Carolyn
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Odaniel Danny L $500,000 Smoky Mountain Title
Jp Developments Llc $350,000 None Available
Pastorius John B $265,000 --
Sumral Robert P $230,000 --
Lott Harvey L $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jp Developments Llc $348,000
Previous Owner Lott Harvey L $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2022 07/07/22 Off Market $500,000 -- --
04/08/2022 04/08/22 Sold $500,000 0.0% $107 / Sq Ft
02/07/2022 02/07/22 Off Market $500,000 -- --
02/06/2022 02/06/22 Pending -- -- --
11/18/2021 11/18/21 Off Market $350,000 -- --
11/07/2021 11/07/21 Off Market $500,000 -- --
11/05/2021 11/05/21 For Sale $569,000 +62.6% $122 / Sq Ft
08/20/2021 08/20/21 Sold $350,000 0.0% $85 / Sq Ft View Prior Sale
07/19/2021 07/19/21 Off Market $350,000 -- --
07/17/2021 07/17/21 Pending -- -- --
07/14/2021 07/14/21 Off Market $350,000 -- --
07/09/2021 07/09/21 For Sale $485,000 -- $117 / 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 $1,355 $91,560 $12,960 $78,600
2024 $1,355 $91,560 $12,960 $78,600
2023 $1,355 $91,560 $0 $0
2022 $847 $57,225 $8,100 $49,125
2021 $847 $57,225 $8,100 $49,125
2020 $726 $57,225 $8,100 $49,125
2019 $726 $39,050 $8,250 $30,800
2018 $726 $39,050 $8,250 $30,800
2017 $726 $39,050 $8,250 $30,800
2016 $726 $39,050 $8,250 $30,800
2015 -- $37,975 $0 $0
2014 $619 $37,956 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 245933

Great Smoky Mountains Association of REALTORS®

APN: 076-006.02