NOT LISTED FOR SALE

2645 High Valley Dr Pigeon Forge, TN 37863

Estimated Value: $814,470

-- Bed
6 Baths
4,264 Sq Ft
$191/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $357,000 $84 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $4,463/month

125 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Balcony
  • Gatlinburg Pittman High School Rated A-
  • Covered Patio or Porch
  • 4-minute walk to Wear Farm City Park

About This Home

As of September 2017

Excellent Income Opportunity located in the Pigeon Forge City Limits. Well maintained Triplex Apartment in a Relaxed Creekside Setting offering Two- 2 Bedroom Units and One- 3 Bedroom Unit, each with 2 Full Baths! These Apartments feature spacious layouts; wooden decks ; tile, laminate and carpet
flooring and views of Waldens Creek. Located within walking distance of a Trolley Stop and about a mile to the main parkway of Pigeon Forge. The property has refurbished Heating and Cooling Units, some Updated Painting and Paved Parking with five individual parking spots. Kitchen Appliances are included and the 3 Bedroom unit has an area for storage. Please Note: Square footage of 4,264 sq. ft. is from tax records. 24 Hour notice needed for showing.

Last Agent to Sell the Property

Cheryl Hawkins

Remax Adventure Realty License #227336 Listed on: 02/23/2017

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,647

Year Built

  • Built in 2007

Home Design

  • Triplex
  • Garden Apartment
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Main Floor Bedroom
  • 4,264 Sq Ft Home
  • Ceiling Fan
  • Vinyl Clad Windows
  • Insulated Windows
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Community Details

  • 3 Units
  • High Valley Subdivision

Listing and Financial Details

  • Tenant pays for water, sewer, trash collection, telephone, tenant pays all util, cooling, heating, electricity
  • The owner pays for lawn maintenance, common area maintenance, taxes, insurance
  • Assessor Parcel Number 083 055.01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,647

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Directions: From Pigeon Forge Parkway at Traffic Light#3 turn onto Wears Valley Road. Go .8M to L onto High Valley Drive. Go .2M to property on L, see sign.
  • Prop. Type: Multi-Family
  • Year Built: 2007
  • Lot Size: .41 acres
  • Subdivision Name: High Valley
  • Siding:Vinyl2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Floors:Laminate: Yes
  • Floors:Tile2: Yes
  • Heat:Heat Pump3: Yes
  • General Property Description:Driveway: Paved
  • Property Sub-Type:Triplex: Yes
  • Miscellaneous:WasherDryer Cnctns: Yes
  • Miscellaneous:Balcony2: Yes
  • Miscellaneous:TV Cable Available: Yes
  • Type of Units:Garden: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Owner Pays: Lawn Maintenance, Common Area Maintenance, Taxes, Insurance
  • Flooring: Laminate, Carpet, Tile
  • Window Features: Windows - Insulated
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Bedroom Main Level: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl, Balcony
  • Construction Type: Vinyl Siding, Frame
  • Patio And Porch Features: Porch - Covered
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Cable Available (TV Only): Yes
  • Exterior Features:Windows - Insulated: Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking, On Premise Parking
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:On Premise Parking: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Security: Smoke Detector
  • Cooling Y N: Yes
  • Heating: Heat Pump, Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available (TV Only)

Lot Info

  • Parcel #: 083 055.01

Rental Info

  • Tenant Pays: Water, Sewer, Trash Collection, Telephone, Tenant Pays All Util, Cooling, Heating, Electricity

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2646.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2017
Closed on
Aug 15, 2017
Sold by
Kordalewski Maria
Bought by
Shah Ashvin K and Shah Rupal
Seller's Agent
Cheryl Hawkins
Remax Adventure Realty
Buyer's Agent
Non Member Non Member
Non-Member Office
Sold Price
$357,000
Current Estimated Value
$814,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,470
Avg. Annual Appreciation
10.93%
Original Mortgage
$267,000
Interest Rate
3.93%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 12, 2012
Closed on
May 7, 2014
Sold by
Thom Well Llc
Bought by
Kordalewski Maria and Maria And Zygmunt Kordale
Seller's Agent
Terri Scourtas
COVE MOUNTAIN REALTY PF
Buyer's Agent
Cheryl Hawkins
Summit Real Estate,LLC
List Price
$334,900
Sold Price
$320,000
Premium/Discount to List
-$14,900
-4.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.31%

Purchase Details

Closed on
May 14, 2007
Sold by
Bramer Kevin S
Bought by
Thom Well Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.17%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Shah Ashvin K $357,000 None Available
Kordalewski Maria $320,000 --
Thom Well Llc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Ashvin K $267,000
Closed Shah Ashvin K $267,000
Previous Owner Thom Well Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $357,000 +11.6% $84 / Sq Ft
08/05/2017 08/05/17 Off Market $320,000 -- --
05/07/2014 05/07/14 Sold $320,000 -4.4% $64,000 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
10/12/2012 10/12/12 For Sale $334,900 -- $66,980 / 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 $404 $122,360 $9,880 $112,480
2024 $404 $122,360 $9,880 $112,480
2023 $404 $122,360 $0 $0
2022 $2,013 $122,360 $9,880 $112,480
2021 $2,013 $122,360 $9,880 $112,480
2020 $2,647 $122,360 $9,880 $112,480
2019 $2,647 $128,480 $9,880 $118,600
2018 $2,647 $128,480 $9,880 $118,600
2017 $2,647 $128,480 $9,880 $118,600
2016 $2,647 $128,480 $9,880 $118,600
2015 -- $110,640 $0 $0
2014 $2,025 $110,653 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 992696

East Tennessee REALTORS® MLS

APN: 083-055.01