NOT LISTED FOR SALE

1719 Summit Way Pigeon Forge, TN 37862

Estimated Value: $843,000 - $895,000

4 Beds
3 Baths
2,028 Sq Ft
$430/Sq Ft Est. Value

Last Sold June 01, 2018

Last sale price $397,500 $196 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $5,180/month

Highlights

  • Mountain View
  • Wood Flooring
  • Covered Patio or Porch
  • Gatlinburg Pittman High School Rated A-
  • 2 Fireplaces
  • Log Cabin

About This Home

As of June 2018

GROSS RENTAL INCOME OF ~$54K in 2017. BEAUTIFUL 4 BEDROOM, 3 BATH cabin located minutes from the Main Parkway in Pigeon Forge. Large Kitchen open to living room with cathedral ceiling, gleaming wood floors and cozy fireplace. King size bedroom on main floor. Upstairs master suite features romantic fireplace, king size bed, sitting area, ensuite bath with a whirlpool tub. Downstairs has a spacious GAME ROOM and 2 bedrooms. Take a relaxing dip in the outdoor hot tub, indoor jetted tub, or enjoy the Great Smoky Mountain air from one of three covered decks. NO STEP ENTRY, LEVEL PARKING.

Last Agent to Sell the Property

Rasa Baldino

Century 21 MVP License #309724 Listed on: 02/21/2018

Century 21 MVP

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,856

Year Built

  • Built in 2007

Lot Details

  • 1

HOA Fees

  • $146 Monthly HOA Fees

Home Design

  • Log Cabin

Interior Spaces

  • 2,028 Sq Ft Home
  • 2 Fireplaces
  • Mountain Views
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Covered Bridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093j 001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,856

Year Built

Built in 2007

Lot Details

0

HOA Fees

$146 per month

Listing Details

  • Directions: From Traffic Light #3 in Pigeon Forge, turn on WEARS VALLEY. Go 2.6 miles & turn RIGHT on WALDEN CREEK. Go about .5 mi & turn LEFT ( at intersection with Goose Gap rd). You will see resort on left. turn LEFT into COVERED BRIDGE RESORT. Turn RIGHT & go up the hill.Look for cabin on LEFT
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2007
  • Subdivision Name: COVERED BRIDGE
  • Architectural Style: Log
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Microwave, Washer
  • Has Basement: Finished
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Exterior Features: Porch - Covered
  • View: Mountain View

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 146.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 093j 001.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2021
Sold by
Chapman Daniel M and Chapman Jayme L
Bought by
Sarathy Priyan
Current Estimated Value
$873,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$544,407
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$328,646

Purchase Details

Closed on
Oct 31, 2019
Sold by
Leaman Alec and Leaman Mariah
Bought by
Chapman Daniel M and Chapman Jayme L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,400
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2018
Closed on
Jun 1, 2018
Sold by
Hall Wilhelm and Hall Linda B
Bought by
Leaman Alec and Leaman Mariah
Seller's Agent
Rasa Baldino
Century 21 MVP
Buyer's Agent
Non Member Non Member
Non-Member Office
Sold Price
$397,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%
Original Mortgage
$357,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2012
Sold by
Tennessee Covered Bridges
Bought by
Hall Wilhelm and Hall Linda B
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sarathy Priyan $750,000 Professional Title
Chapman Daniel M $438,000 Chapman & Rosenthal Ttl Inc
Leaman Alec $397,500 None Available
Hall Wilhelm $216,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarathy Priyan $600,000
Previous Owner Chapman Daniel M $350,400
Previous Owner Leaman Alec $357,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2018 06/01/18 Sold $397,500 -- $196 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $4,856 $164,040 $16,000 $148,040
2024 $4,856 $164,040 $16,000 $148,040
2023 $4,856 $164,040 $0 $0
2022 $1,686 $102,525 $10,000 $92,525
2021 $1,686 $102,525 $10,000 $92,525
2020 $1,111 $102,525 $10,000 $92,525
2019 $1,111 $53,950 $10,000 $43,950
2018 $1,111 $53,950 $10,000 $43,950
2017 $1,111 $53,950 $10,000 $43,950
2016 $1,111 $53,950 $10,000 $43,950
2015 -- $54,200 $0 $0
2014 $992 $54,196 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1031365

East Tennessee REALTORS® MLS

APN: 093J-B-001.00-085