$910,000
SOLD MAY 9, 2024

2020 Bear Creek Way Pigeon Forge, TN 37862

5 Beds
4 Baths
2,246 Sq Ft
436 Sq Ft Lot

Recently Sold

$405 Per Sq Ft

3% Below List Price

14 Days on Market

Highlights

  • Pool and Spa
  • Chalet
  • Seasonal View
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Wooded Lot

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.

Last Agent to Sell the Property

Austen Trotter

eXp Realty, LLC 7720 License #348002 Listed on: 03/08/2024

eXp Realty, LLC 7720

Last Buyer's Agent

Jared Drager

Prime Mountain Properties License #322010

Prime Mountain Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,112

Year Built

  • Built in 2004

Lot Details

  • Wooded Lot
  • Property is zoned R-2

HOA Fees

  • $153 Monthly HOA Fees

Home Design

  • Chalet
  • Log Cabin
  • Composition Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Electric Fireplace
  • Great Room
  • Bonus Room
  • Wood Flooring
  • Seasonal Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

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
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 54

Community Details

Overview

  • Association fees include ground maintenance, roads
  • Wise Property Solutions Association
  • Covered Bridge Resort Subdivision
  • On-Site Maintenance

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

  • Property Type: Residential
  • Year Built: 2004
  • Zoning: R-2
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Wooded
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: City Street
  • Reso View: Seasonal
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Pool
  • Reso Association Fee Includes: Maintenance Grounds, Roads
  • Co List Office Mls Id: 701
  • Subdivision Name: Covered Bridge Resort
  • Above Grade Finished Sq Ft: 1382.0
  • Architectural Style: Cabin, Chalet, 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: 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: 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
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Interior Features Great Room2: 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
  • View Seasonal: Yes
  • Water Source:Public: Yes
  • Architectural Style Chalet: Yes
  • Levels Three Or More: 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, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Great Room, High Speed Internet, Soaking Tub, Solid Surface Counters
  • Street Number Modifier: 2020
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 864.0
  • Fireplace Features: Electric
  • Fireplaces: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: 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
  • Appliances:Electric Cooktop: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Interior Features:Solid Surface Counters: Yes

Exterior Features

  • Roof: Composition
  • Home Warranty: No
  • Construction Type: Log, Log Siding, Wood Siding
  • Patio And Porch Features: Covered, Deck
  • Construction Materials:Log: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Log Siding: Yes
  • Lot Features:Wooded: 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: 460.0
  • Association Fee Frequency: Quarterly
  • Association Name: Wise Property Solutions
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Maintenance Grounds2: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2112.03
  • 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%
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
3.24%

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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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 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 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: Great Smoky Mountains Association of REALTORS®

MLS Number: 268809

Great Smoky Mountains Association of REALTORS®

APN: 093J-B-001.00-054