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Sevier 37863
4514 Rocky Bluff Way #SMOKYMTNOVERLOOK
Photo of Unit SMOKYMTNOVERLOOK at 4514 Rocky Bluff Way

1

Map

$568,000
● House - Off Market

4514 Rocky Bluff Way #SMOKYMTNOVERLOOK

Pigeon Forge, TN 37863
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,000 Ft²
$2,890
Est. Monthly

About This Property

Talk about being in the lap of luxury...you are in the center of it when you stay in Smoky Mountain Overlook; a luxurious 4 bedroom cabin. Not only are the Smoky Mountain views magnificent, and the cabin''s decor simply gorgeous, but the best feature is the one-of-a-kind home theater. This state-of-the-art set-up includes surround sound, projection screen for viewing, and luxury reclining seats for up to 12 guests. Play a game of pool, relax in the indoor Jacuzzi or just enjoy the view of the Smoky Mountains from the hot tub. You don''t want to miss Smoky Mountain Overlook!
Unit Size
3,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$189
Property Type
House
Property Taxes
$100
HOA Dues
-
Year Built
2006

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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: 30 days ago (Realtracs #RTC3294261)

Price History

Date / Event Date Event Price
May 22, 2012 Listed by Century 21 MVP $568,000
Listed by Century 21 MVP

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 6
  • Building Quality: 5
  • 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: 15
  • Basement Type: 2
  • Basement Area: 780
  • 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: 3,120
  • Gross Building Area: 3,120
  • Building Area: 3,120
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 3,120
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHERWOOD FOREST RESORT
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 05
  • State Land Use Code: C00
  • Legal Description 1: SHERWOOD FOREST RESORT PB LM 6 PG 131 LOT 68R2 PHASE 3 UNIT 4

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 105L
  • District: 05
  • Parcel: 105L-B-001.00-068
  • Lot: 68R2
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7605
  • Longitude: -83.5504

    Address

  • Full Address: 4514 Rocky Bluff Way
  • Address - House Number: 4514
  • Address - Street Name: Rocky Bluff
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Pigeon Forge
  • Zip Code: 37863

Valuation

    Tax

  • Total Area: 780
  • Tax Year: 2023
  • Tax Amount: $178,900
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.0876
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 1,363,840
  • High Value: 1,483,342
  • Low Value: 1,244,339

    Market Valuation

  • Market Total Value: $483,500
  • Market Land Value: $65,000
  • Market Improvement Value: $418,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $120,875
  • Assessed Land Value: $16,250
  • Assessed Improvements Value: $104,625

    Sales

  • Current Sale Contract Date: Jul 29, 2023
  • Current Sale Recording Date: Aug 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 24426
  • Previous Sale Recording Date: Apr 11, 2018
  • Previous Sale Contract Date: Apr 09, 2018
  • Previous Sale Amount: $520,000
  • Previous Sale Document Type: 71
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 Sevier

Stats & Trends

Median Asking:

$578,950

Sale Price/ft²

$338

Below Asking

0.02%

Average Days on Market

97

Average Home Size

1889 ft²

Average Home Age

22.7 years

Currently For Sale

2363 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: Deborah Korlin, Century 21 MVP
Last Updated: 30 days ago
Data Source: Realtracs, MLS# RTC3294261
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 4514 Rocky Bluff Way built and last sold?
The property at 4514 Rocky Bluff Way was built in 2006 and last sold on Jul 29, 2023 for $1,150,000.
How much is this home worth?
The estimated value of the home located at 4514 Rocky Bluff Way is $1,155,424.
What are some comparable homes to 4514 Rocky Bluff Way?
There are currently no comparable homes to 4514 Rocky Bluff Way.
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