NOT LISTED FOR SALE

936 Falcon View Way Pigeon Forge, TN 37862

Estimated Value: $933,877

3 Beds
2 Baths
1,892 Sq Ft
$494/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $1,100,000 $581 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $5,065/month

45 Days on Market

Highlights

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

About This Home

As of May 2022

**BUYERS LOST FINANCING! AMAZING INVESTMENT OPPORTUNITY!! ** Incredible income producing cabin with almost $150,000 income 2021! Located just minutes off the Parkway! This 3 bedroom luxury cabin comes fully furnished and has an unobstructed Smoky Mountain View! The main floor is home to the open concept living room, dining & kitchen. The living room leads to the main level deck, which is home to a new 6 person hot tub and stunning glass railing. The primary suite can also be found on the main level and includes an indoor jetted tub, full en-suite bathroom and doors leading onto the deck. The lower level focuses on fun with a large game room, complete with a pool table and foosball. The lower level also features the second and third bedrooms, along with a shared bathroom. Just beyond the game room, you'll have access to the cabin's second full deck. Numerous upgrades in 2020 and 2021 including new hot tub, stainless appliances, some new furniture inside and out, pool table restoration and BBQ grill/firepit. Gross rental income for 2021 is $147,760.

Last Agent to Sell the Property

Jacob Collins

Keller Williams Smoky Mountain Listed on: 01/03/2022

Last Buyer's Agent

Joel Newman

Century 21 MVP License #356321

Century 21 MVP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $798

Year Built

  • Built in 2001

Lot Details

  • 0.93 Acre Lot

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Electric Fireplace
  • Bonus Room
  • Wood Flooring
  • Mountain Views
  • Finished Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Falcon View Subdivision

Listing and Financial Details

  • Tax Lot 4-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$798

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Co List Office Mls Id: 772
  • Subdivision Name: Falcon View
  • Above Grade Finished Sq Ft: 946.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Two
  • Location Tax and Legal Tax Lot2: 4-A
  • Location Tax and Legal:Tax Annual Amount: 798.41
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.93
  • General Property Information Above Grade Finished Area: 946.0
  • General Property Information Below Grade Finished Area: 946.0
  • General Property Information Bonus Room YN2: Yes
  • 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
  • General Property Information View YN2: Yes
  • 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
  • Land Features View Mountains: Yes
  • Levels:Two: Yes
  • Water Source:Well: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Soaking Tub
  • Street Number Modifier: 936
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 946.0
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Soaking Tub: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Roof: Metal
  • Acres: 0.93
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log
  • Patio And Porch Features: Covered, Deck
  • Construction Materials:Log: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: 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
  • Heating: Central
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 40510.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 798.41
  • Tax Lot: 4-A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2022
Closed on
May 13, 2022
Sold by
Bhaveshkumar Patel
Bought by
Hwang Chong and Hwang Kyoung
Seller's Agent
Jacob Collins
Keller Williams Smoky Mountain
Buyer's Agent
Joel Newman
Century 21 MVP
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$933,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$166,123
Avg. Annual Appreciation
-3.22%
Original Mortgage
$720,000
Outstanding Balance
$685,261
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$300,218

Purchase Details

Closed on
Jul 1, 2020
Sold by
Cascading View Llc
Bought by
Patel Sheetal K and Patel Bhaveshkumar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,200
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2018
Sold by
Patel Sheetal K and Amin Vishal
Bought by
Cascading View Llc

Purchase Details

Listed on
Nov 13, 2017
Closed on
Jan 26, 2018
Sold by
Chamberlin Charles David and Chamberlin Pamela A
Bought by
Patel Sheetal K and Amin Vishal
Seller's Agent
Patrick Malone
All Pro REALTORS, Inc.
Buyer's Agent
Patrick Malone
All Pro REALTORS, Inc.
List Price
$319,900
Sold Price
$300,000
Premium/Discount to List
-$19,900
-6.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.80%
Original Mortgage
$240,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2010
Sold by
Creekside Management Llc
Bought by
Chamberlin Charles David

Purchase Details

Closed on
Feb 28, 2000
Bought by
Twin Creek Log Home Supply Inc
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
Hwang Chong $1,100,000 Title Professionals
Patel Sheetal K -- First American Mortgage Sln
Cascading View Llc -- Smoky Mountain Title
Patel Sheetal K $300,000 Smoky Mountain Title
Chamberlin Charles David $170,000 --
Twin Creek Log Home Supply Inc $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hwang Chong $720,000
Previous Owner Patel Sheetal K $235,200
Previous Owner Patel Sheetal K $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Off Market $1,100,000 -- --
05/16/2022 05/16/22 Sold $1,100,000 0.0% $581 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/10/2022 02/10/22 Price Changed $1,100,000 0.0% $581 / Sq Ft
02/10/2022 02/10/22 For Sale $1,100,000 +10.0% $581 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $1,000,000 +233.3% $529 / Sq Ft
04/26/2019 04/26/19 Off Market $300,000 -- --
01/26/2018 01/26/18 Sold $300,000 -6.2% $165 / Sq Ft
01/05/2018 01/05/18 Pending -- -- --
11/13/2017 11/13/17 For Sale $319,900 -- $176 / 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 $1,597 $107,880 $20,000 $87,880
2024 $1,597 $107,880 $20,000 $87,880
2023 $1,597 $107,880 $0 $0
2022 $998 $67,425 $12,500 $54,925
2021 $998 $67,425 $12,500 $54,925
2020 $798 $67,425 $12,500 $54,925
2019 $798 $42,925 $12,500 $30,425
2018 $798 $42,925 $12,500 $30,425
2017 $798 $42,925 $12,500 $30,425
2016 $798 $42,925 $12,500 $30,425
2015 -- $43,600 $0 $0
2014 $711 $43,601 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 246721

Great Smoky Mountains Association of REALTORS®

APN: 094I-A-007.00