NOT LISTED FOR SALE

2149 Ridge Rd Pigeon Forge, TN 37863

Estimated Value: $146,000 - $262,594

-- Bed
1 Bath
896 Sq Ft
$228/Sq Ft Est. Value

Last Sold August 21, 2019

Last sale price $138,000 $154 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,089/month

12 Days on Market

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 and Auction License #227129 Listed on: 06/19/2019

Last Buyer's Agent

Mark Jackson

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $397

Lot Details

  • 1.24

Home Design

Additional Features

  • 1.24 Acre Lot
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 6 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$397

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Zoning: C-2
  • Reso Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Co List Office Mls Id: 33
  • Garage Yn: No
  • Location Tax and Legal Tax Lot2: -
  • Location Tax and Legal:Tax Annual Amount: 397.0
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Lot Size Acres: 1.24
  • General Property Information Bonus Room YN2: No
  • General Property Information Home Warranty YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Utilities:Cable Available: Yes
  • General Property Information Number Of Units Total2: 6.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Street Number Modifier: 2149

Exterior Features

  • Acres: 1.24
  • Home Warranty: No

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: N/A
  • Association: No

Lot Info

  • Lot Size Sq Ft: 54014.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 397.0
  • Tax Lot: -

Multi Family

  • Number Of Units Total: 6

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
$204,297
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
Mcnabb David K $70,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2019 11/20/19 Off Market $138,000 -- --
08/21/2019 08/21/19 Sold $138,000 -49.8% $154 / Sq Ft
06/19/2019 06/19/19 For Sale $275,000 -- $307 / 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 $56 $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: Great Smoky Mountains Association of REALTORS®

MLS Number: 223077

Great Smoky Mountains Association of REALTORS®

APN: 078083 14301 001 01