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Pigeon Forge 37863
3012 Oak Tree Way
Photo of 3012 Oak Tree Way
Sold on Apr 17, 2020

36

Map

Photo of 3012 Oak Tree Way
Photo of 3012 Oak Tree Way
$360,000
● House - Off Market

3012 Oak Tree Way

Pigeon Forge, TN 37863
bedrooms
2 Beds
bathrooms
2 Baths
square feet
912 Ft²
$497,664
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

HOT NEW CABIN LISTING! This beautiful turn-key 2 bed / 2 bath cabin has recently had new flooring installed. Nestled in the heart of Pigeon Forge, this cabin is only .4 miles from the strip!
Unit Size
912 Ft²
Days on Market
-
Land Size
-
Price per sqft
$384
Property Type
House
Property Taxes
$83
HOA Dues
-
Year Built
2005

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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: 2 months ago (Realtracs #RTC3265252)

Price History

Date / Event Date Event Price
Apr 17, 2020 Sold
Premium
Sold
Mar 5, 2020 Listed by Keller Williams Smoky Mountains $350,000
Listed by Keller Williams Smoky Mountains

Property Highlights

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • 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: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,824
  • Gross Building Area: 1,824
  • Building Area: 1,824
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,824
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: ALPINE MTN VILLAGE PH 4
  • Land Acres: 0000001000
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: ALPINE MTN VILLAGE PH 4 PB 36 PG 307 LOT 73-R

Neighborhood

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

Zoning

  • Zoning: C-4

Geography

  • Assessors Map Reference: 083B
  • District: 05
  • Parcel: 083B-D-001.00-074
  • Lot: 73R
  • Municipality: PIGEON FORGE
  • Latitude: 35.8126
  • Longitude: -83.5662

    Address

  • Full Address: 3012 Oak Tree Way
  • Address - House Number: 3012
  • Address - Street Name: Oak Tree
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Pigeon Forge
  • Zip Code: 37863

Valuation

    Tax

  • Total Area: 912
  • Tax Year: 2023
  • Tax Amount: $50,200
  • Tax Rate Code Area: 78A02

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 521,357
  • High Value: 760,730
  • Low Value: 281,983

    Market Valuation

  • Market Total Value: $380,100
  • Market Land Value: $60,000
  • Market Improvement Value: $320,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $152,040
  • Assessed Land Value: $24,000
  • Assessed Improvements Value: $128,040

    Sales

  • Current Sale Contract Date: Apr 16, 2020
  • Current Sale Recording Date: Apr 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20013980
  • Previous Sale Recording Date: Nov 29, 2005
  • Previous Sale Amount: $275,000
  • 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

$364

Below Asking

0.03%

Average Days on Market

104

Average Home Size

1644 ft²

Average Home Age

22.1 years

Currently For Sale

282 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: Jacob Collins, Keller Williams Smoky Mountains
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3265252
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 3012 Oak Tree Way built and last sold?
The property at 3012 Oak Tree Way was built in 2005 and last sold on Apr 16, 2020 for $360,000.
How much is this home worth?
The estimated value of the home located at 3012 Oak Tree Way is $381,238.
What are some comparable homes to 3012 Oak Tree Way?
There are currently no comparable homes to 3012 Oak Tree Way.
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