See Home Value
Sevier 37863
4428 Grindstone Ridge Road
$565,735*
House - Off Market

4428 Grindstone Ridge Road

Pigeon Forge, TN 37863
bedrooms
2 Beds
bathrooms
3 Baths
square feet
1390 Sqft
$495,000 - $603,000
Reference Base Price*
3.05%
Since Apr 1, 2023
National-US
Primary Model
Sold Apr 04, 2023
$549,000
$411,750 by Cornerstone First Mortgage Inc
Mortgage Due Apr 01, 2053
Sold Dec 23, 2014
$79,000
$94,000 by Tennessee State Bank
Mortgage

About This Property

Incredible investment opportunity with 2 FURNISHED rental cabins on almost 3/4 acre and minutes from the Parkway in Pigeon Forge. The first cabin has an open floorplan that includes tongue and groove pine walls, hardwood floors, a pool table, huge sectional sofa, flat screen TV, electric fireplace, and a heart shaped Jacuzzi tub. The kitchen has all the necessities your clients will need to enjoy their stay: stove, refrigerator, dishes, coffeemaker, etc. The bath has a walk-in shower as well as a sep laundry room w/ washer and dryer included. The wraparound front porch is the perfect place for guests to enjoy the wooded views, grill a burger, or take a dip in the private hot tub. The second cabin embraces country charm with a barn inspired theme. The full kitchen boasts everything your clients would need for cooking a wonderful meal: refrigerator, stove, microwave, coffeemaker, dishes, and utensils. Washer and dryer are also included. The living room features a couch/daybed combo perfect for additional guests as well as a breakfast/coffee/wine bar area. The downstairs bath has a walk-in shower, toilet, and sink. Upstairs features a king sized bed, dresser, and private balcony. Upstairs also has a private bathroom with a large Jacuzzi tub, toilet, and sink. This cabin also has a wraparound front porch with grill overlooking peaceful woods and includes a private hot tub.These 2 homes must be sold together due to sharing the same septic, well, and driveway. They are being sold as-is and are priced under appraised value for an easy sale. Square footage is combined for both cabins. Cabin 1 is 688 sq ft and cabin 2 is 702.72 sq ft. Showing times will depend upon availability, please contact agent for permissions and instructions. Appontment is required. Proof of funds or pre-approval is required for any offer.

The manager has listed the unit size as 1390 square feet.
Unit Size
1,390Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$395
Property Type
House
Property Taxes
$791
HOA Dues
-
Year Built
1988

Price History

Date / Event Date Event Price
Apr 4, 2023 Sold to Michelle Faber $549,000
Sold to Michelle Faber
Mar 31, 2023 No longer available -
No longer available
Mar 9, 2023 In contract -
In contract
Mar 5, 2023 Listed $549,000
Listed
Feb 7, 2023 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1993
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • Interior Walls Type: Paneling
  • Roof Shape Type: Mansard
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 30,492
  • Lot Size Depth Feet: 1,778
  • Lot Size Frontage Feet: 2,111
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,440
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Commercial
  • Subdivision: RONNIE L SIMS
  • Land Acres: 0.7
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: 260.96 X 109.49 IRR

Ownership

  • Current Owner : FABER MICHELLE
  • Previous Owner : FRIERSON DARWIN
  • Previous Owner 2: FRIERSON PATRICIA
  • Owner Before Previous Owner: TENNESSEE STATE BANK
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080903

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 115
  • District: 05
  • Parcel: 115-026.01
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7461
  • Longitude: -83.5575

    Address

  • Full Address: 4428 Grindstone Ridge Rd
  • Address - House Number: 4428
  • Address - Street Name: Grindstone Ridge
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Pigeon Forge
  • Carrier Code: R015
  • 4-Digit Zip Code: 4619
  • Zip Code: 37863

Valuation

    Tax

  • Total Area: 1,056
  • Tax Year: 2023
  • Tax Amount: $1,265
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.2451
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 65
  • Final Value: 555,842
  • High Value: 692,128
  • Low Value: 419,555

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $411,750
  • First Open Lien Mortgage Lender: CORNERSTONE FIRST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Apr 04, 2023
  • First Open Lien Mortgage Loan Amount: $411,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Market Valuation

  • Market Total Value: $213,700
  • Market Land Value: $15,600
  • Market Improvement Value: $198,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $85,480
  • Assessed Land Value: $6,240
  • Assessed Improvements Value: $79,240

    Sales

  • Current Sale Contract Date: Mar 30, 2023
  • Current Sale Recording Date: Apr 04, 2023
  • Current Sale Transaction ID: 11904710382
  • Current Sale Price: $549,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8648
  • Previous Sale Recording Date: Dec 23, 2014
  • Previous Sale Contract Date: Dec 22, 2014
  • Previous Sale Amount: $79,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNERSTONE FIRST MORTGAGE INC
  • First Mortgage Transaction Date: Apr 04, 2023
  • First Mortgage Loan Amount: $411,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: TENNESSEE STATE BANK
  • Previous Mortgage Transaction Date: Dec 23, 2014
  • Previous Mortgage Loan Amount: $94,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Sevier


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Frequently Asked Questions

When was property at 4428 Grindstone Ridge Road built and last sold?
The property at 4428 Grindstone Ridge Road was built in 1988 and last sold on Mar 30, 2023 for $549,000.
How much is this home worth?
The estimated value of the home located at 4428 Grindstone Ridge Road is $555,140.
What are some comparable homes to 4428 Grindstone Ridge Road?
There are currently no comparable homes to 4428 Grindstone Ridge Road.

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