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Sevier 37862
2986 Ginas Way
Photo of 2986 Ginas Way
Sold on Apr 11, 2025

50

Map

Photo of 2986 Ginas Way
Photo of 2986 Ginas Way
$850,000
● House - Off Market

2986 Ginas Way

Sevierville, TN 37862
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,773 Ft²
$4,302
Est. Monthly

About This Property

Welcome to Bearly Dippin! This beautifully constructed 3 bedroom, 3.5 bath cabin is conveniently located just minutes from action-packed Pigeon Forge in picturesque Waldens Creek. Bearly Dippin has parking for 3 vehicles, easy access into the cabin, a game room, hot tub, Wifi throughout the cabin, an outdoor fireplace and a private indoor pool!

This cabin has been primarily used as a vacation home and the extra care and love shows through in every aspect of this cabin - tastefully decorated and furnished with every want and need covered for a great vacation for you and your guests. Currently only marketed as sleeping six but it can sleep up to 12 people.

Short term rental projections of $95,000 to $105,000 make this a great investment. With no HOA and low county taxes, Bearly Dippin' is the cabin for you!
Unit Size
1,773 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$479
Property Type
House
Property Taxes
$128
HOA Dues
-
Year Built
2022

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 3 months ago (Realtracs #RTC3298641)

Price History

Date / Event Date Event Price
Apr 11, 2025 Sold
Premium
Sold
Feb 27, 2025 Listed by United Real Estate Solutions $850,000
Listed by United Real Estate Solutions

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 40,075
  • Lot Size Depth Feet: 2,625
  • Lot Size Frontage Feet: 1,531
  • Total Building Area: 1,773
  • Gross Building Area: 1,773
  • Building Area: 1,773
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,773
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALDENS CREEK EST
  • Land Acres: 0000000920
  • Standard Land Use Code: 1001
  • County Land Use Code: 00-V
  • State Land Use Code: C00
  • Legal Description 1: WALDENS CREEK EST PB 26 PG 149 LOT 36 153.11 X 262.47 IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080901

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 103
  • District: 16
  • Parcel: 103-017.35
  • Lot: 36
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7642
  • Longitude: -83.6706

    Address

  • Full Address: 2986 Ginas Way
  • Address - House Number: 2986
  • Address - Street Name: Ginas
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R011
  • 4-Digit Zip Code: 7852
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 623
  • Tax Year: 2023
  • Tax Amount: $153,700
  • Tax Rate Code Area: 78A00

    Market Valuation

  • Market Total Value: $415,300
  • Market Land Value: $12,000
  • Market Improvement Value: $403,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $103,825
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $100,825

    Sales

  • Current Sale Contract Date: Oct 19, 2022
  • Current Sale Recording Date: Oct 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 40936
  • Previous Sale Recording Date: Apr 30, 2021
  • Previous Sale Contract Date: Apr 30, 2021
  • Previous Sale Amount: $150,000
  • 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 Sevier

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$337

Below Asking

0.02%

Average Days on Market

100

Average Home Size

2174 ft²

Average Home Age

22.9 years

Currently For Sale

2291 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

Click here to view more rentals in the neighborhood.
Realtracs

Listed by: Karen De Amorim, United Real Estate Solutions
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3298641
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 2986 Ginas Way built and last sold?
The property at 2986 Ginas Way was built in 2022 and last sold on Oct 19, 2022 for $597,000.
How much is this home worth?
The estimated value of the home located at 2986 Ginas Way is $844,159.
What are some comparable homes to 2986 Ginas Way?
There are currently no comparable homes to 2986 Ginas Way.
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