NOT LISTED FOR SALE

513 Chickasaw Gap Way Pigeon Forge, TN 37863

Estimated Value: $474,936 - $540,000

2 Beds
2 Baths
1,144 Sq Ft
$450/Sq Ft Est. Value

Last Sold February 19, 2020

Last sale price $335,500 $293 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,994/month

88 Days on Market

Highlights

  • Pool and Spa
  • Deck
  • Wood Flooring
  • Gatlinburg Pittman High School Rated A-
  • Cathedral Ceiling
  • Furnished

About This Home

As of February 2020

Arguably one of the nicest and truly turn-key cabins in Arrowhead Resort. This 2 bedroom, 2 bath cabin was already generating rents at a high level before completely remodeling it. Now it is a MONEY MAKING MACHINE! This cabin has all new everything. Cabin features an open floor plan on the main level with full kitchen and living room. One bedroom and bathroom on the main level and the second bedroom, bathroom, and rec area can be found in the lower level. Both upper and lower level bedrooms are true, private bedrooms. No shared, multi-purpose rooms here. Updates completed include new staining on the cabin and decks in 2019, T&G wall with barn door for private bedroom downstairs, new HVAC in 2017, all new hardwood flooring in 2019, freshly painted and all new ceiling tiles in 2019, new tile backsplash in kitchen in 2019, leathered granite in kitchen and bathrooms in 2019, new LED light fixtures inside and out in 2019, and oversized gutters with gutter guards and downspouts in 2019. New hottub, furniture, arcade game, decor, ceiling fans, 55' TVs, sinks, faucets, and more! Everything is new. This is one of those rare opportunities to invest in a short term rental or vacation home that needs nothing. Call today to schedule a showing! Rental projection of 44-46K with 25% - 30% Mngt split from local companies. **AGENTS see associated docs for all disclosures and cabin information.

Last Agent to Sell the Property

ANNIE MALONEY

Prime Mountain Properties License #297936 Listed on: 11/10/2019

Prime Mountain Properties

Last Buyer's Agent

Leslie Lakey

Re/Max Prime Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $562

Year Built

  • Built in 1999

Lot Details

  • Property is zoned C-1

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding
  • Block And Beam Construction

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Window Treatments
  • Wood Flooring
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

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

Listing and Financial Details

  • Tax Lot 18

Community Details

Overview

  • No Home Owners Association
  • Association fees include insurance, ground maintenance, roads
  • Arrowhead HOA
  • Arrowhead Resort Subdivision
  • On-Site Maintenance

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$562

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Zoning: C-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Pool
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Roads
  • Co List Office Mls Id: 325
  • Subdivision Name: Arrowhead Resort
  • Above Grade Finished Sq Ft: 572.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Two
  • ResoWindowFeatures: Double Pane Windows, Window Treatments
  • Location Tax and Legal Tax Lot2: 18
  • Location Tax and Legal:Tax Annual Amount: 561.87
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Above Grade Finished Area: 572.0
  • General Property Information Below Grade Finished Area: 572.0
  • 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
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Utilities:Cable Available: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet, Solid Surface Counters
  • Street Number Modifier: 513
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 572.0
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Solid Surface Counters: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Metal
  • Home Warranty: No
  • Construction Type: Block, Log
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Block: 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, Heat Pump
  • 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
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 116.66
  • Association Name: Arrowhead HOA
  • Association: No

Association/Amenities

  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 561.87
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2014
Closed on
Jan 23, 2015
Sold by
Butler Sue
Bought by
Wood Andrew B and Wood Carolyn Renee
Seller's Agent
PAM BROWN
LeConte Real Estate, LLC
Buyer's Agent
PAM BROWN
LeConte Real Estate, LLC
List Price
$167,900
Sold Price
$145,000
Premium/Discount to List
-$22,900
-13.64%
Current Estimated Value
$514,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,312
Avg. Annual Appreciation
12.61%
Original Mortgage
$130,500
Outstanding Balance
$100,755
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$414,616

Purchase Details

Closed on
Jun 12, 2008
Sold by
Jimmy Butler
Bought by
Sue Butler

Purchase Details

Closed on
Aug 20, 2007
Sold by
Scheer Ronald P
Bought by
Jimmy Butler
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
Wood Andrew B $145,000 --
Sue Butler -- --
Jimmy Butler $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Andrew B $130,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2020 05/20/20 Off Market $335,500 -- --
02/19/2020 02/19/20 Sold $335,500 -1.0% $293 / Sq Ft
01/28/2020 01/28/20 Price Changed $338,900 -1.6% $296 / Sq Ft
01/11/2020 01/11/20 Price Changed $344,500 -0.1% $301 / Sq Ft
12/21/2019 12/21/19 Price Changed $344,900 -1.4% $301 / Sq Ft
11/10/2019 11/10/19 For Sale $349,900 +77.3% $306 / Sq Ft
10/22/2019 10/22/19 Off Market $197,400 -- --
07/24/2018 07/24/18 Sold $197,400 -1.3% $173 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $199,900 +37.9% $175 / Sq Ft
04/26/2018 04/26/18 Off Market $145,000 -- --
01/26/2015 01/26/15 Sold $145,000 -13.6% $127 / Sq Ft
11/21/2014 11/21/14 Pending -- -- --
02/27/2014 02/27/14 For Sale $167,900 -- $147 / 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
2025 $3,206 $108,320 $11,200 $97,120
2024 $3,206 $108,320 $11,200 $97,120
2023 $3,206 $108,320 $0 $0
2022 $1,114 $67,700 $7,000 $60,700
2021 $1,114 $67,700 $7,000 $60,700
2020 $562 $67,700 $7,000 $60,700
2019 $562 $27,275 $7,000 $20,275
2018 $562 $27,275 $7,000 $20,275
2017 $562 $27,275 $7,000 $20,275
2016 $562 $27,275 $7,000 $20,275
2015 -- $28,525 $0 $0
2014 $522 $28,532 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 225666

Great Smoky Mountains Association of REALTORS®

APN: 094G-E-001.00-018