Seller's Agent in 2021
Jay Fradd
Smoky Mountain Real Estate Cor
(865) 809-8600
28 in this area
50 Total Sales
Estimated Value: $837,645
Wow! What an impressive looking cabin with massive beams and logs. Quality exudes everywhere you look in this cabin from the massive round beams, huge kitchen with custom cabinets, huge upstairs bedroom, and great amenities to create a successful rental cabin. This cabin has the best of so many things and is situated on 1.89 acres. The property for sale includes a separate 0.84 tract in addition to the 1.05 acres where the cabin is located. The cabin is fairly nestled in among trees to create privacy and it has a long paved driveway that gives you the feel of going to a private mountain escape. All of this and it is only approximately 12 minutes to light #3 in Pigeon Forge and has access to Xfinity cable/internet! Another highlight is the low operation cost with no HOA fees. Downstairs offers a great game room with new arcade and two bedrooms (one featuring bunk beds). The game room area could be easily adapted to include a theater if one chooses to do so. Currently it is setup well with a game table, TV, and new multicade - a hit with visitors. The main level will have your jaw dropping at the soaring ceilings in the family room and kitchen area. The large wall of glass and massive log beams really adds tremendous character and visual appeal along with the floor to ceiling stone fireplace. Also on the main level is a bedroom also with the large beams. Upstairs features a massive bedroom with beautiful beams and vaulted ceilings. This is definitely NOT your standard run of the mill cabin. It is far higher quality than most built in its era and far surpasses the cabins today being built with regular framed walls and non-exposed beam ceilings. This cabin has been meticulously cared for by the owners. The 2021 gross rental income of $70,300 (not including taxes, cleaning fees, or other fees) includes 39 days of owner usage. So, the rental revenue could certainly be increased if an owner was more strictly concerned with rental income production. What a great cabin for the money and you get an EXTRA (0.84 acre) vacant building lot as well!
Last Agent to Sell the Property
Smoky Mountain Real Estate Cor License #313792 Listed on: 10/17/2021
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Valley Sean | $875,000 | Renaissance Title And Escrow | |
| Potaichuk Vadym | $835,000 | Tennessee Land Title | |
| Cortolillo Nicholas A | $203,800 | -- | |
| Selene Rmof Ii Reo Acquisition | $236,700 | -- | |
| Regions Bank | $172,000 | -- | |
| Randy Chadwick | $40,000 | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Valley Sean | $787,500 | |
| Previous Owner | Potaichuk Vadym | $668,000 | |
| Previous Owner | Cortolillo Nicholas A | $163,040 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/04/2022 04/04/22 | Off Market | $835,000 | -- | -- |
| 12/29/2021 12/29/21 | Sold | $835,000 | +11.3% | $327 / Sq Ft |
| 10/18/2021 10/18/21 | Pending | -- | -- | -- |
| 10/17/2021 10/17/21 | For Sale | $750,000 | -- | $294 / Sq Ft |
| 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 | $2,262 | $152,840 | $13,280 | $139,560 |
| 2024 | $2,262 | $152,840 | $13,280 | $139,560 |
| 2023 | $2,262 | $152,840 | $0 | $0 |
| 2022 | $1,414 | $95,525 | $8,300 | $87,225 |
| 2021 | $1,414 | $95,525 | $8,300 | $87,225 |
| 2020 | $1,017 | $95,525 | $8,300 | $87,225 |
| 2019 | $1,017 | $54,700 | $8,450 | $46,250 |
| 2018 | $1,017 | $54,700 | $8,450 | $46,250 |
| 2017 | $1,017 | $54,700 | $8,450 | $46,250 |
| 2016 | $1,017 | $54,700 | $8,450 | $46,250 |
| 2015 | -- | $59,175 | $0 | $0 |
| 2014 | $965 | $59,192 | $0 | $0 |
Seller's Agent in 2021
Jay Fradd
Smoky Mountain Real Estate Cor
(865) 809-8600
28 in this area
50 Total Sales
Buyer's Agent in 2021
Irena McCoy
Century 21 MVP
(865) 654-0044
119 in this area
161 Total Sales
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 245594
APN: 103J-B-008.00