NOT LISTED FOR SALE

2149 Ridge Rd Pigeon Forge, TN 37863

Estimated Value: $259,000

Studio
-- Bath
-- Sq Ft
1.24 Acres Lot

Sale Details

Date Sold: August 21, 2019

Last sale price $138,000

Est. 88% increase in value since last sale

Current estimated payment $1,423 / mo

11 Days on Market

Highlights

  • 1.24 Acre Lot
  • Heating Available
  • 1-Story Property
  • Cooling Available

About This Home

As of August 2019

INVESTMENT OPPURTUNITY! 1.24+/- Acre, Six Unit Mobile Home Park! The location is central to everything Pigeon Forge has to offer. Specifically, this property is located under two miles from The Island/Jimmy Buffet's Margaritaville and about three miles from Dollywood/Splash Country. A few miles further north, and you are at Tanger Outlet and Governor's Crossing. There are many, many shopping, dining, and entertainment options within minutes of the property. You will need a lifetime to experience them all! This mobile home park has always been family-owned and operated. It is serviced by city water and sewer. Leave it as-is and collect the rent or redevelop the land into a new project. This mobile home park is "grandfathered-in" under the current zoning regulations. Tracts of land like this with city water and sewer are a rare find in the Pigeon Forge area. This property will not last long, so if you have an interest then it is suggested that you make your way to the property for a visit! It is no secret that Sevierville, Pigeon Forge, and Gatlinburg are bulging at the seams and in dire need of rental property. Here is your chance to own an affordable investment!

Last Agent to Sell the Property

Mark Jackson

Jackson Real Estate & Auction License #227129 Listed on: 06/19/2019

Last Buyer's Agent

Mark Jackson

Jackson Real Estate & Auction License #227129 Listed on: 06/19/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1996

Lot Details

  • 1.24

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • 1-Story Property
  • 1.24 Acre Lot

Community Details

  • 6 Buildings
  • Gross Income $15,480

Listing and Financial Details

  • Assessor Parcel Number 083 143.01

Property Details

Home Type

Multi-Family

Year Built

Built in 1996

Lot Details

1.24 Acres

Listing Details

  • Directions: In Pigeon Forge from the Parkway/US 411 at traffic light 2 (near CVS Pharmacy), turn onto Teaster Lane, go 1.8 miles then turn left onto Ridge Road, go 1 mile to mobile home park on right (across from Back Home Chapel)
  • Prop. Type: Residential Income
  • Year Built: 1996
  • Property Sub Type: Other
  • Location Tax Legal Info Parcel ID: 083 143.01
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 1.24
  • General Property Description Zoning2: C-2
  • General Property Description Elementary School3: Out Of Area
  • General Property Description Middle School2: Out Of Area
  • General Property Description High School3: Out Of Area
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: -
  • General Property Description Stories2: 1
  • General Property Description # Buildings: 6
  • Special Features: None

Exterior Features

  • Acres: 1.24
  • Construction Type: Other, See Remarks

Utilities

  • Sewer: Public Sewer
  • Cooling: Other, See Remarks
  • Cooling Y N: Yes
  • Water Source: Public

Schools

  • Elementary School: Out Of Area
  • High School: Out Of Area
  • Middle Or Junior School: Out Of Area

Lot Info

  • Zoning: C-2
  • Lot Dimensions: -
  • Lot Size Sq Ft: 54014.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 083 143.01
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 15480.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 1998
Sold by
Gibson Frank N
Bought by
Mcnabb David K
Current Estimated Value
$259,000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Mcnabb David K $70,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2019 08/21/19 Sold $138,000 -49.8% --
07/01/2019 07/01/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $275,000 -- --
Source: Tennessee/Virginia Regional MLS

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 $494 $16,675 -- $16,675
2024 $56 $16,675 -- $16,675
2023 $56 $16,675 $0 $0
2022 $275 $16,675 $0 $16,675
2021 $275 $16,675 $0 $16,675
2020 $392 $16,675 $0 $16,675
2019 $396 $19,225 $0 $19,225
2018 $396 $19,225 $0 $19,225
2017 $396 $19,225 $0 $19,225
2016 $364 $17,675 $0 $17,675
2015 -- $17,750 $0 $0
2014 $343 $18,742 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 423243

Tennessee/Virginia Regional MLS

APN: 078083 14301 001 01

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