NOT LISTED FOR SALE

2312 Waterfall Way Pigeon Forge, TN 37863

Estimated Value: $713,235 - $817,000

2 Beds
2.5 Baths
1,800 Sq Ft
$425/Sq Ft Est. Value

Last Sold May 15, 2018

Last sale price $299,000 $166 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $4,073/month

2 Days on Market

Highlights

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

About This Home

As of May 2018

Very nice 2 bedroom, 2.5 bath cabin built in 2016! Doing great on overnight rental. 2017 gross rental income was $39,175. Located in Alpine Mountain Village, a very nice log cabin community. Features include an open floor plan on the main level with cathedral ceilings, fireplace, large master suites (both with a whirlpool tub), media room with theater style seating, pool table, hot tub, and nice log cabin furnishings! Offered at an excellent price!

Last Agent to Sell the Property

Darlene Derosia

Smoky Mountain Real Estate Cor Listed on: 04/26/2018

Last Buyer's Agent

SHAWN SOMERFIELD

Mountain Realty Group License #318260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $128

Year Built

  • Built in 2016

Lot Details

  • 1

Home Design

  • Log Cabin
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Wood Flooring
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pool and Spa
  • Deck

Additional Features

  • Property fronts a private road
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2

Community Details

Overview

  • No Home Owners Association
  • Association fees include ground maintenance
  • Alpine Mountain Village Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$128

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Pool, Other
  • Reso Association Fee Includes: Maintenance Grounds
  • Co List Office Mls Id: 505
  • Subdivision Name: Alpine Mountain Village
  • Above Grade Finished Sq Ft: 900.0
  • Architectural Style: Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Two
  • ResoWindowFeatures: Window Treatments
  • Location Tax and Legal Tax Lot2: 2
  • Location Tax and Legal:Tax Annual Amount: 128.1
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Above Grade Finished Area: 900.0
  • General Property Information Below Grade Finished Area: 900.0
  • General Property Information:Bathrooms Half: 1
  • General Property Information Bonus Room YN2: No
  • 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 Log2: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: 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
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Road Frontage Type:Private Road: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Soaking Tub
  • Street Number Modifier: 2312
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 900.0
  • Fireplace Features: Electric
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes

Exterior Features

  • Roof: Composition
  • Home Warranty: No
  • Construction Type: Frame, Log Siding, Wood Siding
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Log Siding: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • General Property Information:Garage YN: No

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: 150.0
  • Association: No

Association/Amenities

  • Association Amenities:Clubhouse2: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 128.1
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
May 14, 2018
Sold by
Parry Michael Anthony and Parry Karen
Bought by
Jones Steven M and Jones Jerelyn A
Seller's Agent
Darlene Derosia
Smoky Mountain Real Estate Cor
Buyer's Agent
SHAWN SOMERFIELD
Mountain Realty Group
List Price
$299,000
Sold Price
$299,000
Current Estimated Value
$765,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,559
Avg. Annual Appreciation
14.03%

Purchase Details

Closed on
Dec 31, 2014
Sold by
Sevier County Bank
Bought by
Russell Larry J
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 Buyer Sale Price Title Company
Jones Steven M $299,000 Professional Title
Russell Larry J $90,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2019 08/13/19 Off Market $299,000 -- --
05/15/2018 05/15/18 Sold $299,000 0.0% $166 / Sq Ft
04/28/2018 04/28/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $299,000 +28.9% $166 / Sq Ft
01/16/2017 01/16/17 Off Market $232,000 -- --
10/14/2016 10/14/16 Sold $232,000 0.0% $129 / Sq Ft
09/16/2016 09/16/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $232,000 -- $129 / 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 $362 $109,850 $15,000 $94,850
2024 $362 $109,850 $15,000 $94,850
2023 $362 $109,850 $0 $0
2022 $1,807 $109,850 $15,000 $94,850
2021 $1,807 $109,850 $15,000 $94,850
2020 $1,135 $109,850 $15,000 $94,850
2019 $1,135 $55,100 $8,750 $46,350
2018 $1,135 $55,100 $8,750 $46,350
2017 $1,135 $55,100 $8,750 $46,350
2016 $181 $55,100 $8,750 $46,350
2015 -- $10,000 $0 $0
2014 $183 $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Darlene Derosia

    Smoky Mountain Real Estate Cor

    Section Image

  • S

    Buyer's Agent in 2018

    SHAWN SOMERFIELD

    Mountain Realty Group

    Section Image
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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 215803

Great Smoky Mountains Association of REALTORS®

APN: 083B-D-001.00-002

Tennessee Sevier County Pigeon Forge 37863

2312 Waterfall Way, Pigeon Forge, TN

This home is located at 2312 Waterfall Way, Pigeon Forge, TN 37863 since 26 April 2018 and is currently estimated at $765,559, approximately $425 per square foot. This property was built in 2016. 2312 Waterfall Way is a home located in Sevier County with nearby schools including Northview Elementary School, Catons Chapel Elementary School, and Jones Cove Elementary School.

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