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Pigeon Forge 37863
3512 Sand Ridge Way
Photo of 3512 Sand Ridge Way
Sold on Jun 1, 2021

25

Map

Photo of 3512 Sand Ridge Way
Photo of 3512 Sand Ridge Way
$1,650,000
● House - Off Market

3512 Sand Ridge Way

Pigeon Forge, TN 37863
bedrooms
6 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
5,156 Ft²
$1,930,572
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Beautiful 6 bedroom 6.5 bath cabin in Pigeon Forge. less than a mile from the parkway. This cabin has granite counters, large bedrooms, and an indoor pool. Doing well on a rental program.
Unit Size
5,156 Ft²
Days on Market
-
Land Size
-
Price per sqft
$320
Property Type
House
Property Taxes
$646
HOA Dues
$315
Year Built
2020

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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: 4 months ago (Realtracs #RTC3299072)

Price History

Date / Event Date Event Price
Dec 28, 2022 Sold
Premium
Sold
Nov 10, 2022 Listed by The Real Estate Firm Inc. $2,300,000
Listed by The Real Estate Firm Inc.
SWIMMING IN THE SMOKIES is a NEW 6 bed/6.5 bath pool cabin sleeps 30 with rentals exceeding $250,000 in 2021 and 2022. All new furnishings. including new foosball and game table with stools ), outdoor seating areas, propane fire pit, new furnishings and new fixtures. Centrally located a mile and a half off the parkway in Pigeon Forge and perfectly situated to allow easy access to Gatlinburg and the National Park. This cabin is designed for fun, relaxation and romance. You will find this cabin to be well appointed and spacious to include 5 king bedroom suites with private baths and huge bunk room with 4 built in queen over queen bunkbeds, also with its own private bathroom. With 4 large covered decks enjoy multiple seating areas and dining arrangements....don't forget the outdoor Fire-Pit.
Jun 1, 2021 Sold
Premium
Sold
Mar 25, 2021 Listed by United Real Estate Solutions $1,650,000
Listed by United Real Estate Solutions

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 20
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 2
  • Basement Area: 570
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 5,826
  • Gross Building Area: 5,826
  • Building Area: 5,826
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 5,826
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: BROOKSTONE VILLAGE
  • Land Acres: 0000001000
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: BROOKSTONE VILLAGE PB LM3 PG 78 LOT 67 PHASE 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: 094K
  • District: 05
  • Parcel: 094K-D-001.00-073
  • Lot: 67
  • Municipality: PIGEON FORGE
  • Latitude: 35.7805
  • Longitude: -83.5622

    Address

  • Full Address: 3512 Sand Ridge Way
  • Address - House Number: 3512
  • Address - Street Name: Sand Ridge
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Pigeon Forge
  • Zip Code: 37863

Valuation

    Tax

  • Total Area: 1,718
  • Tax Year: 2023
  • Tax Amount: $1,655,400
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 78A02

    Appraisal Valuation

  • Standard Deviation: 0.0876
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 2,352,169
  • High Value: 2,558,269
  • Low Value: 2,146,069

    Market Valuation

  • Market Total Value: $1,398,200
  • Market Land Value: $35,000
  • Market Improvement Value: $1,363,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $559,280
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $545,280

    Sales

  • Current Sale Contract Date: Sep 27, 2019
  • Current Sale Recording Date: Sep 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19030554
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:

$529,900

Sale Price/ft²

$362

Below Asking

0.02%

Average Days on Market

105

Average Home Size

1914 ft²

Average Home Age

22.5 years

Currently For Sale

284 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: Bryan Kendrick, United Real Estate Solutions
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3299072
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 3512 Sand Ridge Way built and last sold?
The property at 3512 Sand Ridge Way was built in 2020 and last sold on Sep 27, 2019 for $50,000.
How much is this home worth?
The estimated value of the home located at 3512 Sand Ridge Way is $2,323,000.
What are some comparable homes to 3512 Sand Ridge Way?
There are currently no comparable homes to 3512 Sand Ridge Way.
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