NOT LISTED FOR SALE

2012 Bear Creek Way Pigeon Forge, TN 37862

Estimated Value: $853,788 - $1,090,000

5 Beds
4 Baths
2,246 Sq Ft
$435/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $970,000 $432 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,111/month

39 Days on Market

Highlights

  • Pool and Spa
  • Clubhouse
  • Cathedral Ceiling
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • 2 Fireplaces

About This Home

As of March 2023

Buyer financing fell through. Beautiful 5 Bedroom Cabin in the perfect location within minutes of Pigeon Forge and Wears Valley. This very well maintained cabin offers large bedroom suites, 4 Bathrooms, cathedral ceilings, game room, Hot Tub, large covered decks and even a dedicated EV Charging plug. Located in the desirable Covered Bridge resort you get access to the community pool and clubhouse. Sold fully furnished and stocked and ready to add to your STR portfolio. See attached list of updates.

Last Listed By

Derek Tellier

eXp Realty, LLC 7765 License #348034 Listed on: 01/12/2023

eXp Realty, LLC 7765

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,112

Year Built

  • Built in 2004

Lot Details

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

HOA Fees

  • $183 Monthly HOA Fees

Home Design

  • Log Cabin
  • Tri-Level Property
  • Slab Foundation
  • Composition Roof
  • Log Siding

Interior Spaces

  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Electric Fireplace
  • Double Pane Windows
  • Window Treatments
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 047
  • Assessor Parcel Number 093J B 001.00

Community Details

Overview

  • Association fees include ground maintenance, roads
  • Covered Bridge Association
  • On-Site Maintenance

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,112

Year Built

Built in 2004

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Zoning: R-2
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: City Street, County Road
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Management, Pool
  • Reso Association Fee Includes: Maintenance Grounds, Roads
  • Co List Office Mls Id: 701
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 1382.0
  • Architectural Style: Cabin
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: Tri-Level
  • ResoWindowFeatures: Double Pane Windows, Window Treatments
  • Location Tax and Legal Parcel Number2: 093J B 001.00
  • Location Tax and Legal Tax Lot2: 047
  • Location Tax and Legal:Tax Annual Amount: 2112.03
  • Location Tax and Legal Tax Year2: 2022
  • 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
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels Tri-Level: Yes
  • Road Frontage Type County Road: Yes
  • Foundation Details Slab: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished, Full
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet, Soaking Tub, Wet Bar
  • Street Number Modifier: 2012
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 864.0
  • Fireplace Features: Electric
  • Fireplaces: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Community Features:Clubhouse: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Full Basement: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Electric Cooktop: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Roof: Composition
  • Home Warranty: No
  • Construction Type: Log, Log Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Materials:Log: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Log Siding: 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, Electric, Heat Pump
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 550.0
  • Association Fee Frequency: Quarterly
  • Association Name: Covered Bridge
  • Association: Yes

Association/Amenities

  • Association Amenities:Clubhouse2: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Management: Yes

Lot Info

  • Parcel #: 093J B 001.00

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2112.03
  • Tax Lot: 047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Mar 23, 2023
Sold by
Cheeran Bose and Cheeran Priya
Bought by
Bear Creek Way Llc
Seller's Agent
Derek Tellier
eXp Realty, LLC 7765
Buyer's Agent
Matthew Massengill
East TN-LPT Realty
Sold Price
$970,000
Total Days on Market
39
Current Estimated Value
$977,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,929
Avg. Annual Appreciation
0.38%
Original Mortgage
$873,000
Outstanding Balance
$847,177
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$130,752

Purchase Details

Listed on
Jul 17, 2020
Closed on
Jul 17, 2020
Sold by
Oehlerking Dale D and Oehlerking Elaine M
Bought by
Oehlerking Dale D and Oehlerking Elaine M
Seller's Agent
Brandon Hannah
Brandon Hannah Properties
Buyer's Agent
Derek Tellier
eXp Realty, LLC 7765
List Price
$549,900
Sold Price
$552,000
Premium/Discount to List
$2,100
0.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.53%

Purchase Details

Closed on
Apr 8, 2020
Sold by
Eldeen John and Eldeen Michelle
Bought by
Oehlerking Dale D and Oehlerking Elaine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,387
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2019
Closed on
May 3, 2019
Sold by
Wright Kevin W and Wright Ann M
Bought by
Eldeen John and Eldeen Michelle
Seller's Agent
The DeRosia Team
Smoky Mountain Real Estate Cor
Buyer's Agent
Brandon Hannah
Brandon Hannah Properties
List Price
$468,750
Sold Price
$465,000
Premium/Discount to List
-$3,750
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.07%
Original Mortgage
$418,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2005
Sold by
Covered Bridge Resort On W
Bought by
Wright Kevin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.13%

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
Bear Creek Way Llc -- Hometown Title
Oehlerking Dale D -- Chapman & Rosenthal Ttl Inc
Oehlerking Dale D -- Chapman & Rosenthal Ttl Inc
Eldeen John $465,000 Chapman & Rosenthal Ttl Inc
Wright Kevin W $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheeran Bose $873,000
Previous Owner Oehlerking Dale D $421,387
Previous Owner Eldeen John $418,500
Previous Owner Wright Kevin W $320,000
Previous Owner Wright Kevin W $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Off Market $970,000 -- --
03/23/2023 03/23/23 Sold $970,000 +75.7% $432 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
11/29/2020 11/29/20 Off Market $552,000 -- --
08/28/2020 08/28/20 Sold $552,000 +0.4% $246 / Sq Ft
07/17/2020 07/17/20 For Sale $549,900 +18.3% $245 / Sq Ft
08/06/2019 08/06/19 Off Market $465,000 -- --
05/03/2019 05/03/19 Sold $465,000 -0.8% $207 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $468,750 -- $209 / 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 $6,080 $205,400 $16,000 $189,400
2023 $6,080 $205,400 $0 $0
2022 $2,112 $128,375 $10,000 $118,375
2021 $21 $128,375 $10,000 $118,375
2020 $1,362 $128,375 $10,000 $118,375
2019 $1,362 $66,150 $10,000 $56,150
2018 $1,362 $66,150 $10,000 $56,150
2017 $1,362 $66,150 $10,000 $56,150
2016 $1,362 $66,150 $10,000 $56,150
2015 -- $66,050 $0 $0
2014 $1,209 $66,049 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 255439

Great Smoky Mountains Association of REALTORS®

APN: 093J-B-001.00-047