by Lee Lin

See Home Value
Pigeon Forge 37863
511 Loraine Street
$259,900
● House - Off Market

511 Loraine Street

Pigeon Forge, TN 37863
bedrooms
2 Beds
bathrooms
2 Baths
square feet
960 Ft²
$351,332
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Proposed Construction! All one level in a great location minutes from the Parkway. Convenient to Pigeon Forge, Sevierville and Gatlinburg. Great access to attractions, hospital and shopping minutes away. 2 Bedroom, 2 bath, wood log look siding, wood walls & ceiling. Don't miss this opportunity to own this valuable income producing property right in the middle of Pigeon Forge. DO NOT MISS THIS OPPORTUNITY !!! PHOTOS NOT THE ACTUAL CABIN. THEY ARE EXAMPLES OF THE CABIN THAT WILL BE ON PROPERTY.
Unit Size
960 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$271
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020

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Last updated: 2 months ago (Realtracs #RTC3555355)

Price History

Date / Event Date Event Price
Oct 25, 2021 Sold
Sold
Jul 29, 2021 Listed by eXp Realty $439,900
Listed by eXp Realty
This unique, modern-rustic, 2 bed/2 bath, fully furnished cabin, newly built in Fall 2020 is located in a quiet and peaceful, up-and-coming cabin community two minutes off the Parkway in desirable Pigeon Forge. Featuring beautiful solid wood walls, a corner fireplace, open-concept great room, dining area, full kitchen with granite and solid hickory cabinets, laundry room, spacious owners' closet, wood flooring, a large master bedroom (king bed) and en suite private bath, this cabin also boasts high quality construction built by a reputable local builder, including metal roof, energy efficiencies, low maintenance, and city utilities. The covered front porch offers rocking chairs and the large back deck with dining table overlooks the meadow for a relaxing evening in the hot tub. Fantastic location, blocks from the Parkway and a short drive to Dollywood, The Island, great restaurants and area attractions as well as the Great Smoky Mountains National Park, Meadow Mist is a high income-producing cabin with revenues achieving $32k in its first 8 months on a rental program - on track to gross over $50k in its first year!
Sep 11, 2020 Sold
Sold
May 26, 2020 Listed by Blue Skies Property Management $259,900
Listed by Blue Skies Property Management

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: IRONWOOD CABINS LLC
  • Land Acres: 0000000290
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • Legal Description 1: IRONWOOD CABINS LLC PB 43 PG 390 LOT 1 88.36 X 150.00 IRR

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 094
  • District: 05
  • Parcel: 094-031.07
  • Lot: 1
  • Municipality: PIGEON FORGE
  • Latitude: 35.7954
  • Longitude: -83.5765

    Address

  • Full Address: 511 Loraine St
  • Address - House Number: 511
  • Address - Street Name: Loraine
  • Address - Suffix Type: St
  • State: TN
  • City Name: Pigeon Forge
  • Zip Code: 37863

Valuation

    Tax

  • Total Area: 960
  • Tax Year: 2022
  • Tax Amount: $99,000
  • Tax Rate Code Area: 78A02

    Appraisal Valuation

  • Standard Deviation: 0.245
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 65
  • Final Value: 547,196
  • High Value: 681,291
  • Low Value: 413,101

    Market Valuation

  • Market Total Value: $240,800
  • Market Land Value: $35,000
  • Market Improvement Value: $205,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $96,320
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $82,320

    Sales

  • Current Sale Contract Date: Oct 20, 2021
  • Current Sale Recording Date: Nov 08, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21042985
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Pigeon Forge


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Frequently Asked Questions

When was property at 511 Loraine Street built and last sold?
The property at 511 Loraine Street was built in 2020 and last sold on Oct 20, 2021 for $439,000.
How much is this home worth?
The estimated value of the home located at 511 Loraine Street is $440,959.
What are some comparable homes to 511 Loraine Street?
There are currently no comparable homes to 511 Loraine Street.