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Pigeon Forge 37863
2314 RIVER PORT Way
Photo of 2314 RIVER PORT Way
Sold on May 31, 2022

17

Map

Photo of 2314 RIVER PORT Way
Photo of 2314 RIVER PORT Way
$410,000
● House - Off Market

2314 RIVER PORT Way

Pigeon Forge, TN 37863
bedrooms
1 Bed
bathrooms
1 Bath
square feet
547 Ft²
$413,192
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Great investment cabin located just a couple blocks off the main Parkway in Pigeon Forge, This true log cabin has views of the West Prong of the Little Pigeon River and an amazing location. This log cabin has a full kitchen, king bed with full bathroom jacuzzi tub in living area facing gas log fireplace a pull out couch and a hot tub on the deck with washer and dryer. Great location no steep driveways or mountain roads with level parking. Low HOA fees to take care of yard and sign. This well maintained cabin has had many upgrades including a new washer dryer in 2021,HVAC in 2021, Hot tub rebuilt 2020, Deck 2021, Fridge in 2018, Dishwasher 2018.
Unit Size
547 Ft²
Days on Market
-
Land Size
-
Price per sqft
$750
Property Type
House
Property Taxes
$46
HOA Dues
$90
Year Built
2006

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (Realtracs #RTC3283203)

Price History

Date / Event Date Event Price
May 31, 2022 Sold
Premium
Sold
Apr 13, 2022 Listed by TN Smoky Mtn Realty $410,000
Listed by TN Smoky Mtn Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 6
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 547
  • Gross Building Area: 547
  • Building Area: 547
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 547
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: RIVER PORT RESORT
  • Land Acres: 0000001000
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: RIVER PORT RESORT PB LM6 PG 13 LOT 6

Neighborhood

  • School District Name: Sevier County School District
  • School Tax School District: 78576
  • Census Tract: 081002

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 082D
  • District: 05
  • Parcel: 082D-A-001.00-006
  • Lot: 6
  • Municipality: PIGEON FORGE
  • Latitude: 35.8131
  • Longitude: -83.594

    Address

  • Full Address: 2314 River Port Way
  • Address - House Number: 2314
  • Address - Street Name: River Port
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Pigeon Forge
  • Zip Code: 37863

Valuation

    Tax

  • Total Area: 547
  • Tax Year: 2023
  • Tax Amount: $20,400
  • Tax Rate Code Area: 78A02

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 432,769
  • High Value: 631,468
  • Low Value: 234,069

    Market Valuation

  • Market Total Value: $153,900
  • Market Land Value: $25,000
  • Market Improvement Value: $128,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $61,560
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $51,560

    Sales

  • Current Sale Contract Date: May 31, 2022
  • Current Sale Recording Date: Jun 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 24845
  • Previous Sale Recording Date: May 05, 2016
  • Previous Sale Contract Date: May 02, 2016
  • Previous Sale Amount: $125,900
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Pigeon Forge

Stats & Trends

Median Asking:

$535,200

Sale Price/ft²

$364

Below Asking

0.02%

Average Days on Market

105

Average Home Size

1928 ft²

Average Home Age

23.1 years

Currently For Sale

262 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Realtracs

Listed by: Jared Cowart, TN Smoky Mtn Realty
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3283203
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 2314 Riverport Way built and last sold?
The property at 2314 Riverport Way was built in 2006 and last sold on May 31, 2022 for $410,000.
How much is this home worth?
The estimated value of the home located at 2314 Riverport Way is $404,436.
What are some comparable homes to 2314 Riverport Way?
There are currently no comparable homes to 2314 Riverport Way.
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