NOT LISTED FOR SALE

707 Ridgewood Way Pigeon Forge, TN 37863

Estimated Value: $852,156 - $934,000

4 Beds
3 Baths
2,165 Sq Ft
$410/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $900,000 $416 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,098/month

22 Days on Market

Highlights

  • Pool and Spa
  • Clubhouse
  • Wooded Lot
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Cathedral Ceiling

About This Home

As of December 2022

Well seasoned STR with over 93k in revenue last year and over $73k on the books for 2022! This popular STR features 4 beds 3 baths in the highly sought after Sherwood Forest Resort! The spirit of "Mama Bear" is warm and welcoming as soon as you set foot in the door! Updated and upgraded throughout including granite counter tops, beautiful antler chandelier, glass bowl sinks in the bathrooms... Sherwood Resort features a community pool for guests to enjoy and is close all the attractions of Pigeon Forge, Gatlinburg, and Sevierville!

Last Agent to Sell the Property

Amber Korlin Brown

Century 21 MVP License #353907 Listed on: 08/25/2022

Century 21 MVP

Co-Listed By

Deborah Korlin

Century 21 MVP License #293982

Last Buyer's Agent

Matt Castle

eXp Realty, LLC 7720 License #352631

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,804

Year Built

  • Built in 2003

Lot Details

  • Wooded Lot

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Electric Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Crawl Space

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Shared Septic
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 105L B 001.00

Community Details

Overview

  • Association fees include ground maintenance, roads, sewer
  • Sherwood Forest Resort Poa
  • Sherwood Forest Resort Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,804

Year Built

Built in 2003

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Zoning: R-1
  • CoListOfficeEmail: deborahkorlin@gmail.com
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Wooded
  • ResoPoolFeatures: Hot Tub
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Pool
  • Reso Association Fee Includes: Maintenance Grounds, Roads, Sewer
  • Co List Office Mls Id: 12
  • Co List Office Mls Id: 12
  • Subdivision Name: Sherwood Forest Resort
  • Above Grade Finished Sq Ft: 1385.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Three Or More
  • ResoWindowFeatures: Double Pane Windows, Window Treatments
  • Location Tax and Legal Parcel Number2: 105L B 001.00
  • Location Tax and Legal Tax Lot2: 0
  • Location Tax and Legal:Tax Annual Amount: 1804.49
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Above Grade Finished Area: 1385.0
  • General Property Information Below Grade Finished Area: 780.0
  • 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
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Security Features:Smoke Detector(s): Yes
  • Water Source:Public: Yes
  • Sewer Shared Septic: Yes
  • Levels Three Or More: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Finished, Walk-Out Access
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Great Room, High Speed Internet, Solid Surface Counters
  • Street Number Modifier: 707
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 780.0
  • Fireplace Features: Electric, Gas Log
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement Finished: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Solid Surface Counters: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Metal
  • Home Warranty: No
  • Construction Type: 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
  • Lot Features:Wooded: 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
  • Sewer: Shared Septic
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Association Name: Sherwood Forest Resort POA
  • Association: Yes

Association/Amenities

  • Association Amenities:Clubhouse2: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Sewer: Yes

Lot Info

  • Parcel #: 105L B 001.00

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1804.49
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Dec 14, 2022
Sold by
Carney Saundra K
Bought by
Agape Investment Holdings Llc
Seller's Agent
Amber Korlin Brown
Century 21 MVP
Buyer's Agent
Matt Castle
eXp Realty, LLC 7720
List Price
$925,000
Sold Price
$900,000
Premium/Discount to List
-$25,000
-2.7%
Current Estimated Value
$887,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,281
Avg. Annual Appreciation
-0.49%
Original Mortgage
$630,000
Outstanding Balance
$608,844
Interest Rate
6.33%
Estimated Equity
$278,875

Purchase Details

Listed on
Jul 2, 2020
Closed on
Aug 4, 2020
Sold by
Cofield Kyle and Cofield Amy
Bought by
Carney Saundra K
Seller's Agent
Patrick Malone
All Pro REALTORS, Inc.
Buyer's Agent
Patrick Malone
All Pro REALTORS, Inc.
List Price
$599,900
Sold Price
$595,000
Premium/Discount to List
-$4,900
-0.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.08%
Original Mortgage
$476,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2014
Closed on
Jul 19, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cofield Kyle and Cofield Amy
Seller's Agent
Joyce Smith
Colonial Real Estate, Inc.
Buyer's Agent
Patrick Malone
ReMax Preferred Properties, In
List Price
$209,900
Sold Price
$206,000
Premium/Discount to List
-$3,900
-1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.51%

Purchase Details

Closed on
May 28, 2014
Sold by
Milensky Chester D
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 30, 2005
Sold by
Ira Levin Herbert
Bought by
Milensky Chester D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
6.19%
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
Agape Investment Holdings Llc $900,000 Maryville Title
Carney Saundra K $595,000 Smoky Mountain Title
Cofield Kyle $206,000 --
Federal Home Loan Mortgage Corporation $199,000 --
Milensky Chester D $352,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agape Investment Holdings Llc $630,000
Previous Owner Carney Saundra K $476,000
Previous Owner Milensky Chester D $52,800
Previous Owner Milensky Chester D $281,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2023 03/21/23 Off Market $900,000 -- --
12/19/2022 12/19/22 Sold $900,000 -2.7% $416 / Sq Ft
10/23/2022 10/23/22 Pending -- -- --
10/01/2022 10/01/22 For Sale $925,000 +55.5% $427 / Sq Ft
11/06/2020 11/06/20 Off Market $595,000 -- --
08/07/2020 08/07/20 Sold $595,000 0.0% $275 / Sq Ft View Prior Sale
08/07/2020 08/07/20 Sold $595,000 -0.8% $275 / Sq Ft View Prior Sale
07/02/2020 07/02/20 For Sale $599,900 +191.2% $277 / Sq Ft
11/25/2017 11/25/17 Off Market $206,000 -- --
08/27/2014 08/27/14 Sold $206,000 -1.9% $88 / Sq Ft View Prior Sale
08/18/2014 08/18/14 Pending -- -- --
07/17/2014 07/17/14 For Sale $209,900 -- $90 / 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 $2,887 $195,080 $20,000 $175,080
2024 $2,887 $195,080 $20,000 $175,080
2023 $2,887 $195,080 $0 $0
2022 $1,804 $121,925 $12,500 $109,425
2021 $1,804 $121,925 $12,500 $109,425
2020 $1,068 $121,925 $12,500 $109,425
2019 $1,068 $57,400 $12,500 $44,900
2018 $1,068 $57,400 $12,500 $44,900
2017 $1,068 $57,400 $12,500 $44,900
2016 $1,068 $57,400 $12,500 $44,900
2015 -- $52,450 $0 $0
2014 $855 $52,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 253609

Great Smoky Mountains Association of REALTORS®

APN: 105L-B-001.00-011