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Pigeon Forge 37863
342 Meriwether Way
Photo of 342 Meriwether Way
Sold on Jun 9, 2025

21

Map

Photo of 342 Meriwether Way
Photo of 342 Meriwether Way
$430,000
● House - Off Market

342 Meriwether Way

Pigeon Forge, TN 37863
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,350 Ft²
$2,587
Est. Monthly
$250
HOA / Fees

About This Property

BEAUTIFUL CONDO in Pigeon Forge, LESS THAN HALF A MILE to the Parkway!! Step into an oasis of luxury complete with high end finishes in EVERY room! Private pool, quiet community, and updates in every corner! Perfect for an investment, second home, or use as a permanent residence! Gross rental income of over $52K+ a year! Don?t wait! Schedule to see it today!!!
Unit Size
1,350 Ft²
Days on Market
47 days
Land Size
0.01 acres
Price per sqft
$333
Property Type
House
Property Taxes
$127
HOA Dues
$250
Year Built
2006

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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: 3 months ago (Realtracs #RTC3074785)

Price History

Date / Event Date Event Price
Jun 9, 2025 Sold
Premium
Sold
Mar 5, 2025 Listed by Your Home Sold Guaranteed Realty $449,900
Listed by Your Home Sold Guaranteed Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • 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: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Patio Type: 34
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,746
  • Gross Building Area: 1,746
  • Building Area: 1,350
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,350
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE COTTAGES
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: THE COTTAGES PB LM-7 PG 94 LOT 2 UNIT-2

Neighborhood

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

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 072P
  • District: 05
  • Parcel: 072P-B-038.00-002
  • Lot: 2
  • Municipality: PIGEON FORGE
  • Latitude: 35.8166
  • Longitude: -83.5832

    Address

  • Full Address: 342 Meriwether Way
  • Address - House Number: 342
  • Address - Street Name: Meriwether
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Pigeon Forge
  • Carrier Code: R016
  • 4-Digit Zip Code: 4953
  • Zip Code: 37863

Valuation

    Tax

  • Total Area: 1,350
  • Tax Year: 2023
  • Tax Amount: $19,200
  • Tax Rate Code Area: 78A02

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 463,121
  • High Value: 675,756
  • Low Value: 250,485

    Market Valuation

  • Market Total Value: $231,400
  • Market Land Value: $40,000
  • Market Improvement Value: $191,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $57,850
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $47,850

    Sales

  • Current Sale Contract Date: Sep 22, 2020
  • Current Sale Recording Date: Sep 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20032654
  • Previous Sale Recording Date: Feb 25, 2009
  • Previous Sale Amount: $235,000
  • 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:

$562,500

Sale Price/ft²

$364

Below Asking

0.03%

Average Days on Market

103

Average Home Size

1650 ft²

Average Home Age

22.2 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

Click here to view more rentals in the neighborhood.
Realtracs

Listed by: Stephanie Ison, Your Home Sold Guaranteed Realty
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3074785
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 342 Meriwether Way built and last sold?
The property at 342 Meriwether Way was built in 2006 and last sold on Sep 22, 2020 for $225,000.
How much is this home worth?
The estimated value of the home located at 342 Meriwether Way is $456,241.
What are some comparable homes to 342 Meriwether Way?
There are currently no comparable homes to 342 Meriwether Way.
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