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Pigeon Forge 37863
2688 Valley Heights Drive
$428,000 - $522,000
House - In Contract

2688 Valley Heights Drive

Pigeon Forge, TN 37863
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1488 Sqft
Sold Mar 24, 2021
$335,000
$301,500 by Mortgage Investors Group Inc
Mortgage Due Apr 01, 2051
Sold Jan 18, 2013
$124,500

About This Property

This short-term rental gem is the perfect investment opportunity, strategically situated on the edge of town, blending the tranquility of a rural cabin with the convenience of city amenities. With stunning views from two back decks adorned with rocking chairs and a porch swing, this cabin offers the perfect escape for guests. Technology meets comfort with smart features including a Schlage Encode smart lock, Ring security cameras, Roku smart TVs, Sensi smart thermostat, and a soothing hot tub that?s less than 2 years old. This cabin is a solid performer in the short-term rental market, guaranteeing a steady stream of passive income. This investment is primed for success. Don't miss out on this prime location, convenient to all things Pigeon Forge and the Smoky Mountains have to offer. The seller is open to reasonable offers, making this a golden opportunity for savvy short-term rental investors.

The manager has listed the unit size as 1488 square feet.
Unit Size
1,488Ft²
Days on Market
-
Land Size
-
Price per sqft
$319
Property Type
House
Property Taxes
$63
HOA Dues
-
Year Built
1993
Listed By
Lance Luckey
eXp Realty, LLC Nashville

Price History

Date / Event Date Event Price
Apr 16, 2024 In contract -
In contract
Mar 9, 2024 Price Decreased $475,000
↓ $5K (1%)
Price Decreased
Feb 19, 2024 Price Decreased $480,000
↓ $15K (3%)
Price Decreased
Feb 5, 2024 Listed $495,000
Listed
Jan 28, 2024 No longer available -
No longer available
Show More

Property Highlights

Fireplace
With View
Interior Details

Interior Information

Deck

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Wood Siding

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 744
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,488
  • Gross Building Area: 1,488
  • Building Area: 1,488
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 744
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: SERENITY RIDGE PUD
  • Land Acres: 1
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: SERENITY RIDGE PUD PB LM-4 PG 128 LOT 1 UNIT 1

Ownership

  • Current Owner : BROOME RONALD
  • Current Owner 2: BROOME MEGHAN
  • Previous Owner : MCGRIFF JOAN H
  • Owner Before Previous Owner: ANDERSON JESSIE H

Neighborhood

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

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 083I
  • District: 05
  • Parcel: 083I-B-007.00-001
  • Lot: 1
  • Municipality: PIGEON FORGE
  • Latitude: 35.8
  • Longitude: -83.5815

    Address

  • Full Address: 2688 Valley Heights Dr
  • Address - House Number: 2688
  • Address - Street Name: Valley Heights
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Pigeon Forge
  • Zip Code: 37863

Valuation

    Tax

  • Total Area: 744
  • Tax Year: 2023
  • Tax Amount: $244
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 78A02

    Appraisal Valuation

  • Standard Deviation: 0.0876
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 486,079
  • High Value: 528,670
  • Low Value: 443,488

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $301,500
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Mar 24, 2021
  • First Open Lien Mortgage Loan Amount: $301,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $183,900
  • Market Land Value: $35,000
  • Market Improvement Value: $148,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $73,560
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $59,560

    Sales

  • Current Sale Contract Date: Mar 19, 2021
  • Current Sale Recording Date: Mar 24, 2021
  • Current Sale Transaction ID: 11826348773
  • Current Sale Price: $335,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21009994
  • Previous Sale Recording Date: Jan 18, 2013
  • Previous Sale Contract Date: Jan 17, 2013
  • Previous Sale Amount: $124,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Mar 24, 2021
  • First Mortgage Loan Amount: $301,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
House
2 Beds
2 Baths
1,100 ft²
$409/ft²
$449,900 Aug 12, 2023
-
$452/mo
Condo
2 Beds
2 Baths
1,202 ft²
$377/ft²
$453,000 Oct 12, 2023
-
$532/mo
Condo
2 Beds
2.5 Baths
1,100 ft²
$390/ft²
$429,000 Aug 4, 2023
-
$240/mo
Condo
2 Beds
2 Baths
1,135 ft²
$374/ft²
$425,000 Feb 9, 2024
-
$251/mo
Condo
2 Beds
2 Baths
1,135 ft²
$348/ft²
$395,000 Mar 25, 2024
-
$45/mo
House
Stu
-
1,135 ft²
$374/ft²
$425,000 Jan 20, 2024
-
$251/mo
Other
Loft
2 Baths
1,280 ft²
$327/ft²
$419,000 Nov 24, 2023
-
$1,171/mo
Other
Loft
2 Baths
1,136 ft²
$395/ft²
$449,000 Apr 4, 2024
-
$1,505/mo
Other
Loft
2 Baths
1,104 ft²
$425/ft²
$469,500 Mar 1, 2024
-
$615/mo
In Contract
Other
Loft
3 Baths
2,489 ft²
$211/ft²
$525,000 Jan 18, 2024
-
$1,041/mo

About Pigeon Forge


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Frequently Asked Questions

When was property at 2688 Valley Heights Drive built and last sold?
The property at 2688 Valley Heights Drive was built in 1993 and last sold on Mar 19, 2021 for $335,000.
How much is this home worth?
The estimated value of the home located at 2688 Valley Heights Drive is $478,114.
What are some comparable homes to 2688 Valley Heights Drive?
Homes that are comparable to 2688 Valley Heights Drive include a other property at 410 Big Bear Way, a condo property at 2666 High Valley Drive, a house property at 526 Briarcliff Way.

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