$1,290,000
SOLD JUN 11, 2025

244 Spring Valley Rd Pigeon Forge, TN 37863

-- Bed
-- Bath
1,610 Sq Ft
1940 Built

Recently Sold

$801 Per Sq Ft

28% Below List Price

117 Days on Market

Highlights

  • Spa
  • Wood Flooring
  • Screened Porch
  • Catons Chapel Elementary School Rated A-
  • Furnished
  • Efficiency Studio

About This Home

As of June 2025

Discover an exceptional investment opportunity in the heart of Pigeon Forge, Tennessee! This property features four charming cabins nestled on approximately 4 acres, offering both privacy and proximity to all the action. Located just a short walk from the bustling Parkway, these cabins are ideally situated for vacationers looking to experience the best of the Smoky Mountains.

Each cabin is currently part of a successful rental program through Cabin USA, ensuring immediate income potential. The cabins are well-maintained, offering a cozy and inviting atmosphere with all the comforts of home. Guests will love the rustic charm, scenic surroundings, and convenient access to local attractions, dining, and entertainment.

Beyond the existing cabins, this property boasts potential growth opportunities with ample space for additional building sites. Whether you're looking to expand the rental portfolio or create your own personal retreat, the possibilities are endless.

Don't miss out on this rare chance to own a piece of Pigeon Forge with built-in income and room to grow. Contact me today to schedule a showing!

Last Agent to Sell the Property

Garrett Byrd

Silver Key Realty License #373604 Listed on: 08/21/2024

Last Buyer's Agent

Garrett Byrd

Silver Key Realty License #373604 Listed on: 08/21/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,354

Year Built

  • Built in 1940

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Converted Dwelling
  • Frame Construction
  • Metal Roof
  • Log Siding

Interior Spaces

  • Walk-in Shower
  • Furnished
  • Ceiling Fan
  • Screened Porch
  • Efficiency Studio
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Pool

  • Spa

Schools

  • Pigeon Forge Elementary And Middle School
  • Pigeon Forge High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 095 049.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,354

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Directions: Parkway to Huskey Street. Turn left on to Spring Valley road. 1st dwelling on the right hand side with red metal roof.
  • Prop. Type: Multi-Family
  • Year Built: 1940
  • Lot Size: 324x383xirr
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Shower: Yes
  • Floors:Laminate: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Floors:Tile2: Yes
  • Siding:Log2: Yes
  • Cooling:Window Unit(s): Yes
  • Misc Features:Hot Tub: Yes
  • General Property Description:Driveway: Asphalt
  • Property Sub-Type:House Converted: Yes
  • Roof:Metal4: Yes
  • Type of Units:Furnished: Yes
  • Miscellaneous:WasherDryer Cnctns: Yes
  • Miscellaneous:TV Cable Available: Yes
  • Type of Units:Efficiency Unit: Yes
  • Miscellaneous:Porch - Screened2: Yes
  • Misc Features Kitchen Island2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Laminate, Hardwood, Vinyl, Tile
  • Interior Amenities: Kitchen Island
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Appliances:Self Cleaning Oven: Yes

Exterior Features

  • Construction Type: Log, Frame, Other
  • Roof: Metal
  • Construction:Frame: Yes
  • Construction:Log: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 1.0
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Off-Street Parking, On Premise Parking, Detached
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:Detached2: Yes
  • GarageParking:On Premise Parking: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s), Window Unit(s)
  • Security: Smoke Detector
  • Cooling Y N: Yes
  • Heating: Central, Other, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: Pigeon Forge
  • High School: Pigeon Forge
  • Middle Or Junior School: Pigeon Forge

Lot Info

  • Parcel #: 095 049.00

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1354.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Jun 9, 2025
Sold by
Byrd Douglas F and Byrd Katrina D
Bought by
Next Group Llc
Seller's Agent
Garrett Byrd
Silver Key Realty
Buyer's Agent
Garrett Byrd
Silver Key Realty
List Price
$1,800,000
Sold Price
$1,290,000
Premium/Discount to List
-$510,000
-28.33%
Views
12
Current Estimated Value
$490,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$799,481
Avg. Annual Appreciation
-81.67%
Original Mortgage
$472,500
Outstanding Balance
$471,275
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$19,244

Purchase Details

Closed on
Nov 27, 2013
Sold by
Smith Sylvia Faye
Bought by
Byrd Douglas F and Byrd Katrina D
Source: Public Records
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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 $630,000 None Listed On Document
Warranty Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $472,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2025 06/11/25 Sold $1,290,000 -14.0% $801 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
11/06/2024 11/06/24 Price Changed $1,499,999 -6.3% $932 / Sq Ft
10/14/2024 10/14/24 Price Changed $1,599,999 -5.9% $994 / Sq Ft
09/23/2024 09/23/24 Price Changed $1,699,999 -5.6% $1,056 / Sq Ft
08/21/2024 08/21/24 Price Changed $1,799,999 0.0% $1,118 / Sq Ft
08/21/2024 08/21/24 For Sale $1,800,000 -- $1,118 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $1,420 $47,950 $12,675 $35,275
2024 $1,420 $47,950 $12,675 $35,275
2023 $1,420 $47,950 $0 $0
2022 $789 $47,950 $12,675 $35,275
2021 $789 $47,950 $12,675 $35,275
2020 $722 $47,950 $12,675 $35,275
2019 $722 $35,075 $12,275 $22,800
2018 $722 $35,075 $12,275 $22,800
2017 $722 $35,075 $12,275 $22,800
2016 $722 $35,075 $12,275 $22,800
2015 -- $36,375 $0 $0
2014 $666 $36,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1273702

East Tennessee REALTORS® MLS

APN: 095-050.00