NOT LISTED FOR SALE

1714 Summit View Way Pigeon Forge, TN 37862

Estimated Value: $766,000 - $1,028,000

5 Beds
4 Baths
2,246 Sq Ft
$398/Sq Ft Est. Value

Last Sold May 16, 2017

Last sale price $400,000 $178 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $5,224/month

114 Days on Market

Highlights

  • Pool and Spa
  • Mountain View
  • Cathedral Ceiling
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of May 2017

Very nice 5 bedroom, 4 bath cabin in Covered Bridge Resort. In a very nice log cabin community convenient to the Parkway in Pigeon Forge and Wears Valley. Features include an open floor plan on the main level, large master suite, 2 fireplaces, cathedral ceilings, rec room with a foosball table, hot tub with privacy, huge decks, and a very nice mountain view! Comes furnished. Sleeps 14 on overnight rental. Produces great income! Offered at a great price!

Last Agent to Sell the Property

Darlene Derosia

Smoky Mountain Real Estate Cor Listed on: 12/28/2016

Last Buyer's Agent

Michael McConnell

Mountain Realty Group License #276103

Mountain Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,367

Year Built

  • Built in 2004

Lot Details

  • 1

Home Design

  • Log Cabin
  • Composition Roof
  • Log Siding

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Window Treatments
  • Wood Flooring
  • Mountain Views
  • Finished Basement

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • Soaking Tub

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck

Additional Features

  • Property is zoned R-2
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 78

Community Details

Overview

  • No Home Owners Association
  • Association fees include insurance
  • Covered Bridge Resort Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,367

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Zoning: R-2
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoPoolFeatures: Hot Tub
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Reso Association Amenities: Pool, Other
  • Reso Association Fee Includes: Insurance
  • Co List Office Mls Id: 505
  • Subdivision Name: Covered Bridge Resort
  • Above Grade Finished Sq Ft: 1382.0
  • Architectural Style: Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Three Or More
  • ResoWindowFeatures: Window Treatments
  • Location Tax and Legal Tax Lot2: 78
  • Location Tax and Legal:Tax Annual Amount: 1367.0
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Above Grade Finished Area: 1382.0
  • General Property Information Below Grade Finished Area: 864.0
  • 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
  • General Property Information View YN2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style Log2: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Roof:Composition: Yes
  • Sewer:Public Sewer: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Levels Three Or More: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Appliances: Dishwasher, Electric Range, Microwave, Range Hood, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Soaking Tub, Wet Bar
  • Street Number Modifier: 1714
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 864.0
  • Fireplaces: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement Finished: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Roof: Composition
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Window Treatments: 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: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee: 141.66
  • Association: No

Association/Amenities

  • Association Fee Includes:Insurance: Yes

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1367.0
  • Tax Lot: 78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2016
Closed on
May 15, 2017
Bought by
Galvez Carlos A and Galvez Karolina S
Seller's Agent
Darlene Derosia
Smoky Mountain Real Estate Cor
Buyer's Agent
Michael McConnell
Mountain Realty Group
List Price
$429,900
Sold Price
$400,000
Premium/Discount to List
-$29,900
-6.96%
Current Estimated Value
$893,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$493,673
Avg. Annual Appreciation
9.94%
Original Mortgage
$320,000
Outstanding Balance
$265,808
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$616,564

Purchase Details

Closed on
Jan 26, 2015
Sold by
Nelson William Kevin
Bought by
K Square Holdings Lp

Purchase Details

Closed on
Mar 19, 2009
Sold by
Wells Fargo Bank Na
Bought by
Nelson William Kevin

Purchase Details

Closed on
Jul 2, 2008
Sold by
Kovacs Thomas J
Bought by
Wells Fargo Bank Na
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
Galvez Carlos A $400,000 --
K Square Holdings Lp -- --
Nelson William Kevin $144,900 --
Wells Fargo Bank Na $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galvez Carlos A $320,000
Previous Owner Nelson William Kevin $121,209
Previous Owner Kovacs Thomas J $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2018 08/14/18 Off Market $400,000 -- --
05/16/2017 05/16/17 Sold $400,000 -7.0% $178 / Sq Ft
04/21/2017 04/21/17 Pending -- -- --
12/28/2016 12/28/16 For Sale $429,900 -- $191 / 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 $6,046 $204,280 $16,000 $188,280
2024 $6,046 $204,280 $16,000 $188,280
2023 $6,046 $204,280 $0 $0
2022 $2,101 $127,675 $10,000 $117,675
2021 $2,101 $127,675 $10,000 $117,675
2020 $1,353 $127,675 $10,000 $117,675
2019 $1,353 $65,725 $10,000 $55,725
2018 $1,353 $65,725 $10,000 $55,725
2017 $1,353 $65,725 $10,000 $55,725
2016 $1,353 $65,725 $10,000 $55,725
2015 -- $65,575 $0 $0
2014 $1,200 $65,582 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Darlene Derosia

    Smoky Mountain Real Estate Cor

    Section Image
  • Michael McConnell

    Buyer's Agent in 2017

    Michael McConnell

    Mountain Realty Group

    5 in this area

    196 Total Sales

    Michael McConnell
    Section Image
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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 207012

Great Smoky Mountains Association of REALTORS®

APN: 093J-B-001.00-078

Tennessee Sevier County Pigeon Forge 37862

1714 Summit View Way, Pigeon Forge, TN

This home is located at 1714 Summit View Way, Pigeon Forge, TN 37862 since 28 December 2016 and is currently estimated at $893,673, approximately $397 per square foot. This property was built in 2004. 1714 Summit View Way is a home located in Sevier County with nearby schools including Northview Elementary School, Catons Chapel Elementary School, and Jones Cove Elementary School.

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