NOT LISTED FOR SALE

2809 Alexander Place Pigeon Forge, TN 37863

Estimated Value: $669,759

4 Beds
4 Baths
3,450 Sq Ft
$194/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $425,000 $123 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,926/month

21 Days on Market

Highlights

  • Pool and Spa
  • 0.33 Acre Lot
  • Private Lot
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of August 2020

Overnight rental income in 2018 was at $50,000. Overnight rental income for 2019 was also at $50,000. Projections for overnight rental income for 2020 is at an estimated $60,000. Located just minutes off The Parkway in Pigeon Forge, this fully furnished 4 Bedroom, 2300 sq turnkey log cabin is amongst the best dollar for dollar return on investment properties of this nature that you may find anywhere throughout the Great Smoky Mountains. Featuring 4 master private bedrooms (3 of which have large jet tubs and walk in showers as well as private doors to the outside decks) a large open plan living area with timber floors, vaulted ceiling, large stone-faced gas fireplace, french doors which open up to a full deck with giant hot tub, barbecue grill and outdoor furniture. Currently on a very successful overnight rental program with Cabins USA as Mountain Destiny this property provides an investor the opportunity to start earning a very healthy return on their investment from day 1 of taking possession. No mountain roads to climb. Dollywood, Gatlinburg, The Island, Margaritaville, Tanger Mall, LeConte Convention Center and all of the shopping, entertainment and all that IS the Great Smoky Mountains only minutes away. Very rarely does a property with this return on investment in such a convenient location become available in Pigeon Forge. Holiday makers have pretty well booked this cabin out for the next couple of months so be sure to contact the listing agent or your buyers agent to try to organize a showing between guest turns.

Last Agent to Sell the Property

Randy Bable

10 Realty, LLC License #340077 Listed on: 07/01/2020

10 Realty, LLC

Last Buyer's Agent

Avery Carl

eXp Realty, LLC 7720 License #34638788

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $810

Year Built

  • Built in 1994

Lot Details

  • 0.33 Acre Lot
  • Private Lot
  • Wooded Lot
  • Property is zoned R-2

Home Design

  • Ranch Style House
  • Log Cabin
  • Brick or Stone Mason
  • Frame Construction
  • Composition Roof
  • Log Siding
  • Block And Beam Construction
  • Stone

Interior Spaces

  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Game Room
  • Utility Room
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Kings Hills Subdivision

Listing and Financial Details

  • Tax Lot 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$810

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Zoning: R-2
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Private, Wooded
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 821
  • Subdivision Name: Kings Hills
  • Above Grade Finished Sq Ft: 2300.0
  • Architectural Style: Cabin, Log, Ranch
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: One
  • ResoWindowFeatures: Skylight(s), Window Treatments
  • Location Tax and Legal Tax Lot2: 3
  • Location Tax and Legal:Tax Annual Amount: 810.1
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.33
  • General Property Information Above Grade Finished Area: 2300.0
  • General Property Information Below Grade Finished Area: 1150.0
  • General Property Information Bonus Room YN2: No
  • General Property Information:Furnished: Furnished
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Room Types Bedroom 2 Level: 1
  • Room Types Dining Room: Yes
  • Room Types Dining Room Level: 1
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Primary Bedroom Level: 1
  • Room Types Utility Room: Yes
  • Room Types Utility Room Level: 1
  • Utilities:Cable Available: Yes
  • General Property Information Lot Size Dimensions: 95/158/91/172
  • Levels:One: Yes
  • Room Types Bedroom 3 Level: B
  • Architectural Style Ranch2: Yes
  • Pool Features Hot Tub: Yes
  • Room Types Bedroom 4 Level: B
  • Room Types Game Room: Yes
  • Room Types Game Room Level: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Crawl Space, Finished, Full
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet, Soaking Tub, Solid Surface Counters
  • Street Number Modifier: 2809
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1150.0
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 18
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Full Basement: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Solid Surface Counters: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Acres: 0.33
  • Home Warranty: No
  • Construction Type: Block, Frame, Log, Log Siding, Stone
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Log Siding: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Block: Yes
  • Lot Features:Private2: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Skylight(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Paved
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric, Heat Pump
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 95/158/91/172
  • Lot Size Sq Ft: 14374.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 810.1
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2024
Sold by
Jones Brendan
Bought by
Jones Brendan and Jones Dolly
Current Estimated Value
$669,759

Purchase Details

Listed on
Jul 1, 2020
Closed on
Aug 28, 2020
Sold by
Rountree Mills Courtney
Bought by
Jones Brendan
Seller's Agent
Randy Bable
10 Realty, LLC
Buyer's Agent
Avery Carl
eXp Realty, LLC 7720
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
Original Mortgage
$382,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2020
Closed on
Feb 13, 2020
Sold by
Richardson Robert S and Robert S Richardson Revocable
Bought by
Mills Courtney Rountree
Seller's Agent
Terri Negrone
ReMax Preferred Properties, In
Buyer's Agent
Randy Bable
Realty Executives Southern Living
List Price
$349,900
Sold Price
$334,900
Premium/Discount to List
-$15,000
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.46%

Purchase Details

Closed on
Jul 12, 1994
Sold by
Wall Michael J
Bought by
Richardson Alfred Cave Etu

Purchase Details

Closed on
Aug 25, 1993
Bought by
Richardson Robert S
Source: Public Records

Range of Values:

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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
Jones Brendan -- None Listed On Document
Jones Brendan $425,000 Passport Title Services Llc
Mills Courtney Rountree $334,900 Passport Title Services Llc
Richardson Alfred Cave Etu -- --
Richardson Robert S $79,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Brendan $487,500
Previous Owner Jones Brendan $382,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2021 01/26/21 Off Market $425,000 -- --
08/28/2020 08/28/20 Sold $425,000 0.0% $123 / Sq Ft
07/01/2020 07/01/20 For Sale $425,000 +26.9% $123 / Sq Ft
05/16/2020 05/16/20 Off Market $334,900 -- --
02/14/2020 02/14/20 Sold $334,900 -4.3% $146 / Sq Ft
01/22/2020 01/22/20 For Sale $349,900 -- $152 / Sq Ft
Source: Great Smoky Mountains Association of REALTORS®

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
2024 $3,322 $112,240 $18,000 $94,240
2023 $3,322 $112,240 $0 $0
2022 $1,154 $70,150 $11,250 $58,900
2021 $1,154 $70,150 $11,250 $58,900
2020 $810 $70,150 $11,250 $58,900
2019 $810 $39,325 $11,250 $28,075
2018 $810 $39,325 $11,250 $28,075
2017 $810 $39,325 $11,250 $28,075
2016 $810 $39,325 $11,250 $28,075
2015 -- $38,450 $0 $0
2014 $704 $38,448 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 228978

Great Smoky Mountains Association of REALTORS®

APN: 094G-C-003.00