2517 Laurel Point Way Pigeon Forge, TN 37862
Estimated Value: $1,226,037 - $1,602,000
6
Beds
8
Baths
4,800
Sq Ft
$290/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Mountain View
- Cathedral Ceiling
- Gatlinburg Pittman High School Rated A-
- Deck
- Furnished
About This Home
As of April 2024Meticulously maintained by owners who have an eye for detail! This home features all the amenities that make a successful short term rental in the Great Smoky Mountains: indoor heated swimming pool, game room, theater room, large open common area / kitchen, multiple levels of covered decks (5 total!), 6 large bedrooms w/ en suites, mountain views, and 12 minutes to the Pigeon Forge Parkway! Multiple additions added by the owners include: hard landscaping, gutters, water diversion, added exterior lighting, additional opening windows to help air flow, upgraded mini split system in pool room, upgraded dehumidifier in pool room, sealed pool deck, pool cover, additional exterior lighting on all decks, built in tables and seating, extended lighting chain pulls, and instructions and labels on how to operate and use just about everything in the home! Other features include: handsome tongue and groove throughout, high ceilings on the main floor, cathedral ceilings on the top floor, granite counters in the kitchen, and a tasteful interior outfitting.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,120
Year Built
- Built in 2019
Lot Details
- 1
HOA Fees
- $183 Monthly HOA Fees
Property Views
- Mountain
- Seasonal
Home Design
- Cabin
- Combination Foundation
- Metal Roof
- Wood Siding
- Log Siding
Interior Spaces
- 3-Story Property
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Electric Fireplace
- Double Pane Windows
- Great Room
- Finished Basement
- Crawl Space
- Attic Access Panel
- Fire and Smoke Detector
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Solid Surface Countertops
Bedrooms and Bathrooms
- 6 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Deck
- Covered patio or porch
- Rain Gutters
Utilities
- Cooling Available
- Heating Available
- Shared Septic
Listing and Financial Details
- Tax Lot 103R
Community Details
Overview
- Association fees include ground maintenance, roads
- Smoky Mountain Ridge Association
- Smoky Mountain Ridge Subdivision
- On-Site Maintenance
Recreation
- Community Pool
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 18, 2024
Closed on
Apr 24, 2024
Sold by
Lee Geoffrey and Lee Sandra
Bought by
Overmoon Vacation Rentals Fund I Tn Homes Llc
Seller's Agent
Deborah Korlin
Century 21 MVP
Buyer's Agent
Jared Drager
Prime Mountain Properties
List Price
$1,699,900
Sold Price
$1,600,000
Premium/Discount to List
-$99,900
-5.88%
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$209,321
Avg. Annual Appreciation
-8.41%
Original Mortgage
$15,000,000
Outstanding Balance
$14,857,477
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
-$13,411,190
Purchase Details
Closed on
Oct 23, 2020
Sold by
Gsl Rental Group Llc
Bought by
Lee Geoffrey and Lee Sandra
Purchase Details
Closed on
Mar 26, 2020
Sold by
Lee Geoffrey and Lee Sandra
Bought by
Gsl Rental Group Llc
Purchase Details
Closed on
Sep 27, 2019
Sold by
Gonzalez Jesus and Gonzalez Maria Josefina
Bought by
Lee Geoffrey and Lee Sandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,920
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 9, 2018
Sold by
Scp Properties Llc
Bought by
Grace Contractors Llc
Similar Homes in Pigeon Forge, TN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Overmoon Vacation Rentals Fund I Tn Homes Llc | $1,600,000 | None Listed On Document | |
| Lee Geoffrey | -- | None Available | |
| Gsl Rental Group Llc | -- | None Available | |
| Lee Geoffrey | $799,900 | None Available | |
| Grace Contractors Llc | $30,000 | Magnolia Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Overmoon Vacation Rentals Fund | $15,000,000 | |
| Previous Owner | Lee Geoffrey | $639,920 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/26/2024 04/26/24 | Sold | $1,600,000 | -5.9% | $333 / Sq Ft |
| 02/22/2024 02/22/24 | Pending | -- | -- | -- |
| 02/17/2024 02/17/24 | For Sale | $1,699,900 | -- | $354 / Sq Ft |
Source: Great Smoky Mountains Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,992 | $337,280 | $18,000 | $319,280 |
| 2023 | $4,992 | $337,280 | $0 | $0 |
| 2022 | $3,120 | $210,800 | $11,250 | $199,550 |
| 2021 | $3,120 | $210,800 | $11,250 | $199,550 |
| 2020 | $3,629 | $210,800 | $11,250 | $199,550 |
| 2019 | $145 | $195,100 | $13,125 | $181,975 |
| 2018 | $145 | $7,775 | $7,500 | $275 |
| 2017 | $32 | $7,775 | $7,500 | $275 |
| 2016 | $32 | $1,700 | $1,425 | $275 |
| 2015 | -- | $2,150 | $0 | $0 |
| 2014 | -- | $2,157 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Deborah Korlin
Seller's Agent in 2024
Deborah Korlin
Century 21 MVP
(865) 806-0995
273 in this area
416 Total Sales
-
Greg Korlin
Seller Co-Listing Agent in 2024
Greg Korlin
Century 21 MVP
166 in this area
224 Total Sales
-
Jared Drager
Buyer's Agent in 2024
Jared Drager
Prime Mountain Properties
(865) 244-6414
67 in this area
107 Total Sales
Map
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 268457
APN: 104J-B-001.00-163
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