NOT LISTED FOR SALE

720 Chickasaw Gap Way Pigeon Forge, TN 37863

Estimated Value: $1,162,498 - $1,399,000

7 Beds
5 Baths
3,509 Sq Ft
$368/Sq Ft Est. Value

Last Sold July 10, 2018

Last sale price $555,000 $158 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $7,530/month

2 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Central Heating and Cooling System
  • Gatlinburg Pittman High School Rated A-
  • Log Cabin

About This Home

As of July 2018

***GUARANTEE GROSS RENTAL OF $130,000 IN WRITING!*** Awesome 3 level 7 bedroom cabin located in the heart of Pigeon Forge. Community pool, wide roads, and just a 2 minutes drive to all the action this cabin comes turn key to start making a profit. Hardwood floors, vaulted ceilings, tongue and groove walls, and exposed beams this cabin is loaded!

Last Agent to Sell the Property

David Connors

Re/Max First License #315478 Listed on: 06/09/2018

Re/Max First

Last Buyer's Agent

Danielle Henderson

Tennessee Mountain Real Estate, LLC License #336382

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,616

Year Built

  • Built in 2002

Lot Details

  • 1

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Wooded Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Arrowhead Resort Subdivision

Listing and Financial Details

  • Tax Lot 40

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,616

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Zoning: Residential
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Wooded
  • Co List Office Mls Id: 169
  • Subdivision Name: Arrowhead Resort
  • Above Grade Finished Sq Ft: 2088.0
  • Architectural Style: Log
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Location Tax and Legal Tax Lot2: 40
  • Location Tax and Legal:Tax Annual Amount: 1615.5
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Above Grade Finished Area: 2088.0
  • General Property Information Below Grade Finished Area: 1421.0
  • General Property Information Bonus Room YN2: No
  • 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 Log2: Yes
  • Cooling:Central Air: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Sewer:Public Sewer: Yes
  • Levels:Two: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Walk-Out Access
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Street Number Modifier: 720
  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 1421.0
  • Fireplace Features: Insert
  • Appliances Dishwasher: Yes
  • Basement Finished: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Insert: Yes

Exterior Features

  • Home Warranty: No
  • Construction Type: Log
  • Construction Materials:Log: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association: No

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1615.5
  • Tax Lot: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2018
Closed on
Jul 10, 2018
Sold by
Schroeder Michael S and Schroeder Christie
Bought by
Butofsky Jeffrey and Butofsky Megan
Seller's Agent
David Connors
Re/Max First
Buyer's Agent
Danielle Henderson
Tennessee Mountain Real Estate, LLC
List Price
$559,000
Sold Price
$555,000
Premium/Discount to List
-$4,000
-0.72%
Current Estimated Value
$1,292,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$737,499
Avg. Annual Appreciation
11.39%
Original Mortgage
$444,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 13, 2016
Closed on
Aug 31, 2016
Sold by
Mitchell Brian E
Bought by
Schroeder Michael S and Schroeder Christie
Seller's Agent
Tracy King
Your Home Sold Guaranteed Realty TN(Sevier)
Buyer's Agent
David Connors
Re/Max First
List Price
$430,000
Sold Price
$420,000
Premium/Discount to List
-$10,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.17%
Original Mortgage
$315,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2008
Sold by
Legacy Properties Inc
Bought by
Mitchell Brian E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Butofsky Jeffrey $555,000 Foothills Title Services Inc
Schroeder Michael S $420,000 --
Mitchell Brian E $399,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butofsky Jeffrey $444,000
Previous Owner Schroeder Michael S $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2019 11/29/19 Off Market $420,000 -- --
10/08/2019 10/08/19 Off Market $555,000 -- --
07/10/2018 07/10/18 Sold $555,000 -0.7% $158 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
06/09/2018 06/09/18 For Sale $559,000 +33.1% $159 / Sq Ft
08/31/2016 08/31/16 Sold $420,000 -2.3% $120 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $430,000 -- $123 / 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 $8,138 $274,960 $14,000 $260,960
2024 $8,138 $274,960 $14,000 $260,960
2023 $8,138 $274,960 $0 $0
2022 $2,827 $171,850 $8,750 $163,100
2021 $2,827 $171,850 $8,750 $163,100
2020 $1,616 $171,850 $8,750 $163,100
2019 $1,616 $78,425 $8,750 $69,675
2018 $1,616 $78,425 $8,750 $69,675
2017 $1,616 $78,425 $8,750 $69,675
2016 $1,616 $78,425 $8,750 $69,675
2015 -- $75,125 $0 $0
2014 $1,375 $75,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Connors

    Seller's Agent in 2018

    David Connors

    RE/MAX

    (865) 518-4485

    3 in this area

    65 Total Sales

    David Connors
    Section Image

  • D

    Buyer's Agent in 2018

    Danielle Henderson

    Tennessee Mountain Real Estate, LLC

    Section Image

  • T

    Seller's Agent in 2016

    Tracy King

    Kings of Real Estate

  • T

    Seller Co-Listing Agent in 2016

    Tannor Giles

    Kings of Real Estate

    Section Image
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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 216772

Great Smoky Mountains Association of REALTORS®

APN: 094G-E-001.00-040

Tennessee Sevier County Pigeon Forge 37863

720 Chickasaw Gap Way, Pigeon Forge, TN

This home is located at 720 Chickasaw Gap Way, Pigeon Forge, TN 37863 since 09 June 2018 and is currently estimated at $1,292,499, approximately $368 per square foot. This property was built in 2002. 720 Chickasaw Gap Way is a home located in Sevier County with nearby schools including Catons Chapel Elementary School, Northview Elementary School, and Jones Cove Elementary School.

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