NOT LISTED FOR SALE

244 Spring Valley Rd Pigeon Forge, TN 37863

Estimated Value: $560,550 - $693,000

7 Beds
3 Baths
1,610 Sq Ft
$389/Sq Ft Est. Value

Sale Details

Date Sold: June 11, 2025

Last sale price $1,290,000 $801 Per Sq Ft

Current estimated payment $3,496 / mo

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 1 Car Garage
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan

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!

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,354

Year Built

  • Built in 1940

Parking

  • 1 Car Garage

Home Design

  • Frame Construction
  • Metal Roof
  • Log Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Schools

  • Pigeon Forge Primary Elementary School
  • Pigeon Forge Junior High School
  • Pigeon Forge High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 095 04900 000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,354

Year Built

Built in 1940

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1940
  • Unit Levels: Three Or More
  • New Construction: No
  • Year Built Details: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Laminate, Tile, Vinyl
  • Total Bedrooms: 7
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Frame, Log, Other
  • Pool Private: No
  • Roof: Metal
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Total Parking Spaces: 1

Utilities

  • Cooling: Wall/Window Unit(s), Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Other
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 324x383xirr
  • Lot Size Units: Acres
  • Parcel #: 095 04900 000

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1354

MLS Schools

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2024
Closed on
Jun 9, 2025
Sold by
Bought by
List Price
$1,800,000
Sold Price
$1,290,000
Premium/Discount to List
-$510,000
-28.33%
Current Estimated Value
$626,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$663,225
Avg. Annual Appreciation
-50.38%
Original Mortgage
$472,500
Outstanding Balance
$467,906
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$158,869

Purchase Details

Closed on
Nov 27, 2013
Sold by
Bought by
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

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
$630,000 None Listed On Document
$150,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $472,500
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
06/11/2025 06/11/25 Sold $1,290,000 -28.3% $801 / Sq Ft
12/17/2024 12/17/24 For Sale $1,800,000 -- $1,118 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
Source: Realtracs

Tax 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.

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

Map

Source: Realtracs

MLS Number: 3206231

Realtracs

APN: 095-050.00

Tennessee Sevier County Pigeon Forge 37863

244 Spring Valley Rd, Pigeon Forge, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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