NOT LISTED FOR SALE

2020 Bear Creek Way Pigeon Forge, TN 37862

Estimated Value: $907,741 - $1,022,000

5 Beds
4 Baths
2,246 Sq Ft
$436/Sq Ft Est. Value

Last Sold May 09, 2024

Last sale price $910,000 $405 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,837/month

15 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Community Pool
  • Gatlinburg Pittman High School Rated A-
  • 2 Fireplaces
  • Cooling Available

About This Home

As of May 2024

Very Spacious 5 Bedroom 4 Bath, 3 Story Cozy Cabin with an Unbeatable CENTRAL Location. Less than 10 minutes to the Parkway in Pigeon Forge offering lots of attractions, restaurants & shopping - ONLY 15 minutes to the Great Smoky Mountains National Park & only 8 miles to Dollywood. Located in The Covered Bridge Resort with super easy access, no steep roads, public sewer & water, and a large community pool for you & guests to enjoy! Fully furnished & turn key sleeping 14. Updated furniture & decor, new 7-person hot tub & New HVAC system. This piece of paradise has lots of amenities and games for the whole family. Enjoy private & peaceful wooded views from the covered decks located off both the main floor and lower level. The cabin is currently self managed and did over $112k gross in 2023. Avada rental projections are in associated docs showing a low end of 121k and with proper management should do over 140k.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,112

Year Built

  • Built in 2004

Lot Details

  • 436 Sq Ft Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $153 Monthly HOA Fees

Home Design

  • Log Siding

Interior Spaces

  • Property has 3 Levels
  • 2 Fireplaces
  • Electric Fireplace
  • Fire and Smoke Detector
  • Dishwasher
  • Finished Basement

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outdoor Gas Grill

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 093J B 00100 000

Community Details

Overview

  • Association fees include insurance, ground maintenance
  • Covered Bridge Resort Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,112

Year Built

Built in 2004

Lot Details

0

HOA Fees

$153 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Year Built: 2004
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 8656806728
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 1382
  • Below Grade Sq Ft: 864
  • Building Area Units: Square Feet
  • Living Area: 2246
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Balcony, Gas Grill
  • Construction Type: Log, Other
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Grounds
  • Association Fee: 460
  • Association Fee Frequency: Quarterly
  • Amenities: Pool
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Quarterly

Lot Info

  • Lot Features: Wooded, Rolling Slope
  • Lot Size Acres: 0.01
  • Lot Size Units: Acres
  • Parcel #: 093J B 00100 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 24, 2024
Sold by
Mclaughlin Timothy and Mclaughlin Chelsea
Bought by
Overmoon Vacation Rentals Fund I Tn Homes Llc
List Price
$935,000
Sold Price
$910,000
Premium/Discount to List
-$25,000
-2.67%
Views
118
Current Estimated Value
$980,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,247
Avg. Annual Appreciation
3.19%

Purchase Details

Listed on
Jun 25, 2022
Closed on
Sep 22, 2022
Sold by
Poesnecker Connie and Poesnecker Gary
Bought by
Poesnecker Gary and Poesnecker Connie
Seller's Agent
Rachel Teal
Keller Williams Realty Nashville/Franklin
Buyer's Agent
Emily Floyd
MG Rise Real Estate Group
List Price
$975,000
Sold Price
$960,000
Premium/Discount to List
-$15,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.29%

Purchase Details

Listed on
Dec 7, 2019
Closed on
Mar 12, 2020
Sold by
Holly Creek Ventures Llc
Bought by
Poesnecker Connie and Poesnecker Gary
Seller's Agent
Matthew Jones
RE/MAX Adventure Realty
Buyer's Agent
Gennifer Mix
eXp Realty, LLC 7720
List Price
$599,000
Sold Price
$540,000
Premium/Discount to List
-$59,000
-9.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.20%
Original Mortgage
$486,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2016
Closed on
Apr 28, 2017
Sold by
Hodge Holly Low
Bought by
Holly Creek Ventures Llc
Seller's Agent
Ben Jones
Prime Mountain Properties
Buyer's Agent
Matthew Jones
RE/MAX Adventure Realty
List Price
$349,900
Sold Price
$338,000
Premium/Discount to List
-$11,900
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.78%

Purchase Details

Listed on
Feb 8, 2016
Closed on
Mar 6, 2017
Sold by
Olatidoye Babatunde
Bought by
Hodge Holly Low
Seller's Agent
Ben Jones
Prime Mountain Properties
Buyer's Agent
Matthew Jones
RE/MAX Adventure Realty
List Price
$349,900
Sold Price
$338,000
Premium/Discount to List
-$11,900
-3.4%

Purchase Details

Closed on
May 9, 2005
Sold by
Covered Bridge Resort On W
Bought by
Babatunde Olatidoye
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
Overmoon Vacation Rentals Fund I Tn Homes Llc $910,000 None Listed On Document
Poesnecker Gary -- --
Poesnecker Gary -- --
Poesnecker Connie $540,000 Maryville Title Agency
Holly Creek Ventures Llc -- --
Hodge Holly Low $338,000 --
Babatunde Olatidoye $379,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Overmoon Vacation Rentals Fund $15,000,000
Previous Owner Poesnecker Connie $647,200
Previous Owner Poesnecker Connie $486,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $910,000 0.0% $405 / Sq Ft
05/09/2024 05/09/24 Sold $910,000 -2.7% $405 / Sq Ft
03/23/2024 03/23/24 Pending -- -- --
03/23/2024 03/23/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $935,000 0.0% $416 / Sq Ft
03/08/2024 03/08/24 For Sale $935,000 -2.6% $416 / Sq Ft
01/02/2023 01/02/23 Off Market $960,000 -- --
10/04/2022 10/04/22 Sold $960,000 -1.5% $430 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
08/14/2022 08/14/22 For Sale $975,000 0.0% $437 / Sq Ft
07/04/2022 07/04/22 Pending -- -- --
06/25/2022 06/25/22 For Sale $975,000 +80.6% $437 / Sq Ft
06/13/2020 06/13/20 Off Market $540,000 -- --
06/04/2020 06/04/20 Off Market $338,000 -- --
03/13/2020 03/13/20 Sold $540,000 -5.2% $208 / Sq Ft
02/14/2020 02/14/20 Price Changed $569,900 -4.9% $220 / Sq Ft
12/07/2019 12/07/19 For Sale $599,000 +77.2% $231 / Sq Ft
03/06/2017 03/06/17 Sold $338,000 -3.4% $130 / Sq Ft
02/20/2017 02/20/17 Pending -- -- --
02/08/2016 02/08/16 For Sale $349,900 -- $135 / Sq Ft
Source: Realtracs

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 $6,080 $205,400 $16,000 $189,400
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 $2,112 $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: Realtracs

MLS Number: 2827845

Realtracs

APN: 093J-B-001.00-054