$300,000
SOLD JUL 27, 2018

943 Mcmakin Way Pigeon Forge, TN 37863

3 Beds
2 Baths
1,800 Sq Ft
1 Acres

Recently Sold

$167 Per Sq Ft

10% Below List Price

91 Days on Market

Highlights

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

About This Home

As of June 2022

This established income producing property is a Dream Maker for anyone looking to enter the overnight cabin rental market. Centrally located in beautiful Bear Cove Falls Resort, this property is beautifully furnished and ready to go. Has well established rental income history and furnished to please even the pickiest of clients. Gorgeous artwork, new flooring throughout in 2017. Tasteful furnishings, gaming, entertainment, new living room furniture and everything needed to continue generating strong rental revenue, over $57,000 in gross rental revenue in 2017. Beautiful distant mountain views, great resort amenities, take a look today, this one will be hard to pass up and won't last long.

Last Agent to Sell the Property

Paula Riffle

Weichert, REALTORS - Tiger Rea Listed on: 03/17/2018

Co-Listed By

Tony Thomas

Weichert, REALTORS - Tiger Rea License #303045

Last Buyer's Agent

ALAN SIMPSON

RECIPROCAL OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,191

Year Built

  • Built in 2012

Lot Details

  • Wooded Lot
  • Property is zoned R-2

Home Design

  • Cabin
  • Composition Roof
  • Log Siding

Interior Spaces

  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Window Treatments
  • Finished Basement
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck
  • Rain Gutters

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 23

Community Details

Overview

  • No Home Owners Association
  • Association fees include insurance, ground maintenance, roads
  • Bear Cove Falls Subdivision
  • On-Site Maintenance

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,191

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2012
  • Zoning: R-2
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Wooded
  • ResoPoolFeatures: Hot Tub, Private
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Pool
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Roads
  • Pets Allowed: Yes
  • Co List Office Mls Id: 520
  • Co List Office Phone: 865-940-1430
  • Co List Office Mls Id: 520
  • Subdivision Name: Bear Cove Falls
  • Above Grade Finished Sq Ft: 900.0
  • Architectural Style: Cabin
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: One
  • ResoWindowFeatures: Double Pane Windows, Window Treatments
  • Location Tax and Legal Tax Lot2: 23
  • Location Tax and Legal:Tax Annual Amount: 1190.6
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Above Grade Finished Area: 900.0
  • General Property Information Below Grade Finished Area: 900.0
  • 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
  • Association Amenities Pool2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features Private4: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Utilities:Cable Available: Yes
  • Levels:One: Yes
  • Pool Features Hot Tub: Yes
  • Pets Allowed:Yes: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Finished
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet
  • Street Number Modifier: 943
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 900.0
  • Fireplace Features: Electric
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: 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
  • Appliances:Range Hood: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Home Warranty: No
  • Construction Type: Log Siding
  • Patio And Porch Features: Deck
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Log Siding: 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

  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association: No

Association/Amenities

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

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1190.6
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Dec 10, 2020
Sold by
L & Js Enterprises Llc
Bought by
Lanier Jess and Lanier Rebecca
List Price
$549,900
Sold Price
$493,000
Premium/Discount to List
-$56,900
-10.35%
Current Estimated Value
$770,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,724
Avg. Annual Appreciation
9.78%
Original Mortgage
$434,700
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2018
Closed on
Jul 27, 2018
Sold by
Dream Maker Cabin Llc
Bought by
Prifitera Tanya Marie and Dacosta Claudemiro Ri
Seller's Agent
Paula Riffle
Weichert, REALTORS - Tiger Rea
Buyer's Agent
ALAN SIMPSON
RECIPROCAL OFFICE
List Price
$333,000
Sold Price
$300,000
Premium/Discount to List
-$33,000
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.21%
Original Mortgage
$244,800
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2016
Sold by
Wilkerson Douglas
Bought by
Dream Maker Cabin Llc

Purchase Details

Listed on
May 24, 2013
Closed on
Jan 17, 2014
Sold by
Tennessee Developers Grp L
Bought by
Wilkerson Douglas and Wilkerson Georgeana
Seller's Agent
Kenneth Gays
Re/max Eagle
Buyer's Agent
John Rulapaugh
Keller Williams Realty - Knox Premier Prop
List Price
$289,900
Sold Price
$272,000
Premium/Discount to List
-$17,900
-6.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%
Original Mortgage
$79,000
Interest Rate
3.25%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $493,000 Tennessee Land Title
Warranty Deed $300,000 Smoky Mountain Title Inc
Quit Claim Deed -- --
Warranty Deed $272,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $720,000 New Conventional
Closed $434,700 New Conventional
Closed $434,700 New Conventional
Previous Owner $244,800 New Conventional
Previous Owner $79,000 New Conventional
Previous Owner $250,750 Commercial
Previous Owner $192,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Off Market $900,000 -- --
06/09/2022 06/09/22 Sold $900,000 +82.6% $706 / Sq Ft
12/10/2020 12/10/20 Sold $493,000 -10.3% $283 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $549,900 +30.9% $316 / Sq Ft
09/24/2020 09/24/20 Off Market $420,000 -- --
06/26/2020 06/26/20 Sold $420,000 -1.2% $241 / Sq Ft
05/15/2020 05/15/20 Price Changed $425,000 -3.4% $244 / Sq Ft
04/29/2020 04/29/20 Price Changed $439,900 -2.2% $253 / Sq Ft
04/16/2020 04/16/20 Price Changed $449,900 -1.1% $258 / Sq Ft
03/23/2020 03/23/20 For Sale $455,000 +11.0% $261 / Sq Ft
10/25/2019 10/25/19 Sold $410,000 -2.1% $235 / Sq Ft
10/04/2019 10/04/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $419,000 +39.7% $241 / Sq Ft
07/27/2018 07/27/18 Sold $300,000 -9.9% $167 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
03/18/2018 03/18/18 For Sale $333,000 +22.4% $185 / Sq Ft
04/17/2017 04/17/17 Off Market $272,000 -- --
01/17/2014 01/17/14 Sold $272,000 -6.2% $151 / Sq Ft
12/13/2013 12/13/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $289,900 -- $161 / 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 $4,718 $159,360 $24,000 $135,360
2024 $4,718 $159,360 $24,000 $135,360
2023 $4,718 $159,360 $0 $0
2022 $1,639 $99,600 $15,000 $84,600
2021 $1,639 $99,600 $15,000 $84,600
2020 $1,191 $99,600 $15,000 $84,600
2019 $1,191 $57,800 $15,000 $42,800
2018 $1,191 $57,800 $15,000 $42,800
2017 $1,191 $57,800 $15,000 $42,800
2016 $1,191 $57,800 $15,000 $42,800
2015 -- $46,475 $0 $0
2014 $851 $46,476 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 215028

Great Smoky Mountains Association of REALTORS®

APN: 095-023.00-023