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Pigeon Forge 37863
426 Alpine Mountain Way
Photo of 426 Alpine Mountain Way
Sold on Sep 29, 2023

48

Map

Photo of 426 Alpine Mountain Way
Photo of 426 Alpine Mountain Way
$700,000
● House - Off Market

426 Alpine Mountain Way

Pigeon Forge, TN 37863
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,800 Ft²
$710,540
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Location Location Location! Just 1 mile from the Pigeon Forge Parkway, this turn key cabin has it all! Beautiful 2 bed 2.5 bath with excellent rental potential! This well maintained cabin features an open concept floor plan with vaulted ceilings, stone fireplace, 2 master suites, a spacious rec room with theater seating, pool table, and a private hot tub! There are also 2 large covered private decks to relax and unwind in the fresh Smoky Mountain air! Currently set up to sleep 8 and incredible rental potential with projections of $75,000+. Flat level parking with easy paved road access. Alpine Mountain Village is one of Pigeon Forge's most desirable communities and offers a beautiful pool for its owners and guests. Call today to schedule your private showing.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$397
Property Type
House
Property Taxes
$156
HOA Dues
$190
Year Built
2016

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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: 4 months ago (Realtracs #RTC3279666)

Price History

Date / Event Date Event Price
Sep 29, 2023 Sold
Premium
Sold
Aug 10, 2023 Listed by The Real Estate Firm, Inc $715,000
Listed by The Real Estate Firm, Inc

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • 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: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 3
  • Basement Area: 900
  • 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: 1,800
  • Gross Building Area: 1,800
  • Building Area: 1,800
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,800
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: ALPINE MTN VILLAGE PH-5
  • 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-5 PB LM-7 PG 81 LOT 119

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-001.00-119
  • Lot: 119
  • Municipality: PIGEON FORGE
  • Latitude: 35.8115
  • Longitude: -83.5631

    Address

  • Full Address: 426 Alpine Mountain Way
  • Address - House Number: 426
  • Address - Street Name: Alpine Mountain
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Pigeon Forge
  • Zip Code: 37863

Valuation

    Tax

  • Total Area: 900
  • Tax Year: 2023
  • Tax Amount: $60,200
  • Tax Rate Code Area: 78A02

    Appraisal Valuation

  • Standard Deviation: 0.0876
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 713,882
  • High Value: 776,433
  • Low Value: 651,331

    Market Valuation

  • Market Total Value: $455,400
  • Market Land Value: $42,000
  • Market Improvement Value: $413,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $182,160
  • Assessed Land Value: $16,800
  • Assessed Improvements Value: $165,360

    Sales

  • Current Sale Contract Date: Jul 22, 2016
  • Current Sale Recording Date: Jul 25, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 16034154
  • Previous Sale Recording Date: Jun 29, 2015
  • Previous Sale Contract Date: Jun 22, 2015
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: 68
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

$363

Below Asking

0.03%

Average Days on Market

104

Average Home Size

1641 ft²

Average Home Age

22.2 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

Click here to view more rentals in the neighborhood.
Realtracs

Listed by: Andy Porter, The Real Estate Firm, Inc
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3279666
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 426 Alpine Mountain Way built and last sold?
The property at 426 Alpine Mountain Way was built in 2016 and last sold on Jul 22, 2016 for $235,000.
How much is this home worth?
The estimated value of the home located at 426 Alpine Mountain Way is $718,828.
What are some comparable homes to 426 Alpine Mountain Way?
There are currently no comparable homes to 426 Alpine Mountain Way.
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