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Pigeon Forge 37863
2813 Forrest Way #SMOKYMTNMEMORIES
Photo of Unit SMOKYMTNMEMORIES at 2813 Forrest Way

1

Map

$139,900
● House - Off Market

2813 Forrest Way #SMOKYMTNMEMORIES

Pigeon Forge, TN 37863
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,404 Ft²
$738
Est. Monthly

About This Property

This cute as can be 2BR/2BA chalet in Woodridge Village, is only 2 minutes from all the action of the Parkway in Pigeon Forge. Its also only a short walk to one of 2 community swimming pools. Its at the end of the road, so it is more secluded than most, and there is plenty of off-street parking. Relax by the fireplace and watch the new flat screen HDTV. Or take a relaxing soak in the hot tub on the back deck. There is also a gas grill on this private deck. Multiple guests can have total privacy with a full bedroom and bath on each floor. The master suite even has a whirlpool tub for two. With a great rental history, This cabin will be a winner for years to come.
Unit Size
1,404 Ft²
Days on Market
-
Land Size
-
Price per sqft
$100
Property Type
House
Property Taxes
$50
HOA Dues
-
Year Built
1996

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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: 30 days ago (Realtracs #RTC3241753)

Price History

Date / Event Date Event Price
Mar 28, 2011 Listed by All Pro Realtors, LLC $139,900
Listed by All Pro Realtors, LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 6
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 522
  • Lot Size Frontage Feet: 542
  • Total Building Area: 1,404
  • Gross Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,404
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: WOODRIDGE VILLAGE
  • Land Acres: 0000001000
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: WOODRIDGE VILLAGE PB 27 PG 292 LOT 4 54.20 X 52.19 IRR

Neighborhood

  • School District Name: Sevier County School District
  • School Tax School District: 78576
  • Census Tract: 080904

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 083P
  • District: 05
  • Parcel: 083P-D-004.00
  • Lot: 4
  • Municipality: PIGEON FORGE
  • Latitude: 35.7971
  • Longitude: -83.5802

    Address

  • Full Address: 2813 Forrest Way
  • Address - House Number: 2813
  • Address - Street Name: Forrest
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Pigeon Forge
  • Carrier Code: R020
  • 4-Digit Zip Code: 4280
  • Zip Code: 37863

Valuation

    Tax

  • Total Area: 702
  • Tax Year: 2023
  • Tax Amount: $28,800
  • Tax Rate Code Area: 78A02

    Appraisal Valuation

  • Standard Deviation: 0.2777
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 60
  • Final Value: 517,392
  • High Value: 661,117
  • Low Value: 373,666

    Market Valuation

  • Market Total Value: $217,200
  • Market Land Value: $30,000
  • Market Improvement Value: $187,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $86,880
  • Assessed Land Value: $12,000
  • Assessed Improvements Value: $74,880

    Sales

  • Current Sale Contract Date: Apr 15, 2019
  • Current Sale Recording Date: Apr 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19011631
  • Previous Sale Recording Date: Feb 19, 2010
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: 27
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:

$550,000

Sale Price/ft²

$363

Below Asking

0.03%

Average Days on Market

104

Average Home Size

1651 ft²

Average Home Age

22.1 years

Currently For Sale

280 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

Rentals Near You

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Realtracs

Listed by: Patrick Malone, All Pro Realtors, LLC
Last Updated: 30 days ago
Data Source: Realtracs, MLS# RTC3241753
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 2813 Forrest Way built and last sold?
The property at 2813 Forrest Way was built in 1996 and last sold on Apr 15, 2019 for $258,000.
How much is this home worth?
The estimated value of the home located at 2813 Forrest Way is $476,194.
What are some comparable homes to 2813 Forrest Way?
There are currently no comparable homes to 2813 Forrest Way.
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