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Pigeon Forge 37863
2919 PEREGRINE Way
$500,000
House - For Sale

2919 PEREGRINE Way

Pigeon Forge, TN 37863
bedrooms
1 Bed
bathrooms
1.5 Baths, 1 Half Bath
square feet
800 Sqft
$2,576
Estimated Monthly
$42
HOA / Fees
0.28%
Cap Rate

About This Property

Gross Rental Income for 2023 was $53,619!!! Almost 100 reviews on AirBNB & VRBO with a combined rating at 4.9 and above! Outstanding location approximately 1.5 miles from the Parkway, but also tucked away in a quiet spot with just a few neighbors surrounded by dozens of trees. No scary/winding roads here. Being so close to the Parkway, you have the added upgrades of city water, city sewer and broadband internet access. Walking up to the front door, you're greeted with a near-wraparound deck on 3 sides of the cabin. Upon entering the front door, the large cathedral ceiling by the gas logs fireplace grabs your immediate attention. Full kitchen and pub table, and a spacious family room all on the first floor. Upstairs is the loft bedroom with full king size bed and jacuzzi tub. The deck has a screened and covered hot tub area, a good old-fashioned swing and a seating table for four. Hard to find such a perfect blend of proven rental income, terrific location and still be surrounded by so much nature.

The manager has listed the unit size as 800 square feet.
Unit Size
800Ft²
Days on Market
85 days
Land Size
-
Price per sqft
$625
Property Type
House
Property Taxes
$78
HOA Dues
$42
Year Built
1997
Listed By
Matt Castle
eXp Realty, LLC Nashville
Last updated: 2 months ago (GSMARTN #268205)

Price History

Date / Event Date Event Price
Feb 5, 2024 Listed by EXP REALTY LLC $500,000
Listed by EXP REALTY LLC
Oct 3, 2021 No longer available -
No longer available
Sep 28, 2021 Relisted $399,000
Relisted
Sep 9, 2021 No longer available -
No longer available
Sep 4, 2021 Listed by eXp Realty, LLC Nashville $399,000
Listed by eXp Realty, LLC Nashville
Great Cabin in Eagles Ridge with lots of updates including roof, appliances and more within the last 2 years. Great location in Pigeon Forge just 1.5 miles to the strip. This cabin is Turnkey and ready to go. Gas Fireplace, wraparound porch with screened in Hot Tub area. at the very end of Peregrine so more private than most cabins in Eagles Ridge yet still very close to everything Pigeon Forge has to offer. King bed plus sleeper sofa allows for sleeping capacity of 4. You won't need to do…
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Property Highlights

Fireplace
With View
Interior Details

Interior Information

Deck

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Masonry
Wood Siding

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: B+
  • Building Style: Custom
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,000
  • Gross Building Area: 1,096
  • Building Area: 1,096
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,000
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: EAGLES RIDGE RESORT
  • Land Acres: 1
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: EAGLES RIDGE RESORT PB LM1 PG 2 LOT 049R

Ownership

  • Current Owner : ZIEMBA BLAKE A
  • Previous Owner : MAYBERRY PEGGY
  • Previous Owner 2: MAYBERRY BRANDON
  • Owner Before Previous Owner: BALLENGER RICHARD A

Neighborhood

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

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 094G
  • District: 05
  • Parcel: 094G-A-001.00-051
  • Lot: 49R
  • Municipality: PIGEON FORGE
  • Latitude: 35.7875
  • Longitude: -83.5795

    Address

  • Full Address: 2919 Peregrine Way
  • Address - House Number: 2919
  • Address - Street Name: Peregrine
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Pigeon Forge
  • Zip Code: 37863

Valuation

    Tax

  • Total Area: 500
  • Tax Year: 2023
  • Tax Amount: $2,700
  • Tax Rate Code Area: 78A02

    Appraisal Valuation

  • Standard Deviation: 0.0876
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 92
  • Final Value: 393,253
  • High Value: 427,711
  • Low Value: 358,796

    Market Valuation

  • Market Total Value: $228,000
  • Market Land Value: $35,000
  • Market Improvement Value: $193,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $91,200
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $77,200

    Sales

  • Current Sale Contract Date: Jul 01, 2020
  • Current Sale Recording Date: Jul 09, 2020
  • Current Sale Transaction ID: 11772139868
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20023181
  • Previous Sale Recording Date: Jul 07, 2005
  • Previous Sale Amount: $187,400
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTMENT GROUP
  • First Mortgage Transaction Date: Jul 09, 2020
  • First Mortgage Loan Amount: $211,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
1 Bed
1 Bath
700 ft²
$693/ft²
$485,000 Mar 23, 2023
-
$888/mo
House
1 Bed
1 Bath
768 ft²
$547/ft²
$419,900 Jun 22, 2023
-
$781/mo
House
1 Bed
2 Baths
1,040 ft²
$572/ft²
$595,000 Oct 12, 2023
-
$79/mo
House
1 Bed
1 Bath
1,120 ft²
$446/ft²
$499,000 Aug 12, 2023
-
$1,222/mo
House
1 Bed
1.5 Baths
1,152 ft²
$407/ft²
$469,000 Oct 31, 2023
-
$1,378/mo
House
2 Beds
2 Baths
1,008 ft²
$496/ft²
$499,900 May 26, 2023
-
$1,037/mo
House
2 Beds
2 Baths
903 ft²
$648/ft²
$585,000 Oct 11, 2023
-
$1,318/mo
House
2 Beds
2 Baths
1,000 ft²
$469/ft²
$469,000 Feb 3, 2024
-
$1,154/mo
House
1 Bed
2 Baths
-
$595,000 Nov 2, 2023
-
$1,499/mo
Condo
2 Beds
2.5 Baths
1,100 ft²
$390/ft²
$429,000 Aug 6, 2023
-
$1,234/mo
House
2 Beds
3 Baths
2,489 ft²
$221/ft²
$550,000 Jan 19, 2024
-
$1,041/mo

About Pigeon Forge


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Frequently Asked Questions

When was property at 2919 Peregrine Way built and last sold?
The property at 2919 Peregrine Way was built in 1997 and last sold on Jul 1, 2020 for $235,000.
How much is this home worth?
The estimated value of the home located at 2919 Peregrine Way is $499,678.
What are some comparable homes to 2919 Peregrine Way?
Homes that are comparable to 2919 Peregrine Way include a house property at 711 Osprey Way, 570 Country Oaks Drive, 641 Chickasaw Gap Way.

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