$540,000
SOLD MAR 13, 2020

2020 Bear Creek Way Pigeon Forge, TN 37862

5 Beds
4 Baths
2,592 Sq Ft
436 Sq Ft Lot

Recently Sold

$208 Per Sq Ft

10% Below List Price

70 Days on Market

Highlights

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

About This Home

As of May 2024

Well built and taken care of cabin in great location. Solid poured foundation, new flooring and fresh stain in 2019. Sellers take great pride in their property, and it shows! You will not find a rental cabin in this good of condition and so tastefully decorated. Upon entering the front door, you are greeted by the spectacular cathedral ceiling in an open floor plan including the living room, dining room, and kitchen. Off the hall from the kitchen leads you into 2 bedrooms and bath. Downstairs includes 2 more bedrooms with their own bathrooms, and game room for all that family fun. Back to the main level and up the stairs leads you into the massive Master Bedroom which includes a king size bed, dresser, jacuzzi tub, private bath, and even a chaise lounge for lazing around and reading your favorite book while the kiddos are in the lower level playing games. Did I mention the rental income? Grossed $70K last year! Are you ready? Don't hesitate: seller would prefer to close before the end of the year.

Last Agent to Sell the Property

Matthew Jones

RE/MAX Adventure Realty

Last Buyer's Agent

Gennifer Mix

eXp Realty, LLC 7765 License #325042

eXp Realty, LLC 7765

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,363

Year Built

  • Built in 2004

Lot Details

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

Home Design

  • Log Cabin
  • Composition Roof
  • Log Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Formal Dining Room
  • Bonus Room
  • Wood Flooring
  • Finished Basement
  • Crawl Space

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pool and Spa
  • Deck
  • Rain Gutters

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 54

Community Details

Overview

  • No Home Owners Association
  • Association fees include insurance, ground maintenance, roads
  • Covered Bridge Resort Subdivision
  • On-Site Maintenance

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,363

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
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub, Private
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso Association Amenities: Pool
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Roads
  • Pets Allowed: Yes
  • Co List Office Mls Id: 29
  • Subdivision Name: Covered Bridge Resort
  • Above Grade Finished Sq Ft: 1728.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Location Tax and Legal Tax Lot2: 54
  • Location Tax and Legal:Tax Annual Amount: 1362.6
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Above Grade Finished Area: 1728.0
  • General Property Information Below Grade Finished Area: 864.0
  • General Property Information Bonus Room YN2: Yes
  • 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
  • Architectural Style Log2: Yes
  • Association Amenities Pool2: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features Private4: Yes
  • Roof:Composition: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Interior Features Formal Dining: Yes
  • Road Frontage Type County Road: Yes
  • Utilities:Cable Available: Yes
  • Levels Three Or More: Yes
  • Pool Features Hot Tub: Yes
  • Pets Allowed:Yes: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Finished
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Formal Dining, High Speed Internet, Soaking Tub
  • Street Number Modifier: 2020
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 864.0
  • Fireplace Features: Electric
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: 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 Finished: Yes
  • Appliances:Range Hood: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Home Warranty: No
  • Construction Type: Log, Log Siding
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Log Siding: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Electric, Heat Pump
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1362.6
  • Tax Lot: 54

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%
Total Days on Market
70
Views
118
Current Estimated Value
$895,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,042
Avg. Annual Appreciation
-1.50%

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 7765
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

Map

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 Type Sale Price Title Company
Warranty Deed $910,000 None Listed On Document
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $540,000 Maryville Title Agency
Quit Claim Deed -- --
Warranty Deed $338,000 --
Deed $379,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $15,000,000 New Conventional
Previous Owner $647,200 New Conventional
Previous Owner $486,000 New Conventional
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: Great Smoky Mountains Association of REALTORS®

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 $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

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 226070

Great Smoky Mountains Association of REALTORS®

APN: 093J-B-001.00-054