1175 Pine Mountain Road, Sevierville, TN 37862
$4,500,000
Property Type:
Residential
Bedrooms:
20
Baths:
19
Square Footage:
13,500
Lot Size (sq. ft.):
217,800
Status:
Closed
Current Price:
$4,500,000
List Date:
9/24/2020
Last Modified:
8/30/2024
Description
Great investment opportunity! 12bd room, 8bd room with loft, and wedding pavilion being sold on a 5 acre track. It also has a private pool. This lot still has another build site as well that could hold up to a 4 or 5 bedroom house. Rental numbers for 2018 & 2019 12bd 2018- $260,000 12bd 2019- $251,000 8bd 2018- $171,000 8bd 2019- $206,000 Pavilion 2018- $30,000 Pavilion 2019- $61,000. 12bd 2020- $203,586. 8bd 2020- $152,626. Venue 2020- $21,150. 12bd 2021 $309,837 8bd 2021- $273,850 Venue 2021-$121,000. YTD for 2021 $704,687
More Information MLS# 230337
Location, Tax, and Legal
Restrictive Covenants YN: Yes
Zoning: R-1
Zoning Entity: Sevierville
Tax Lot: 1
Book/Page/Doc #: 41, 80
Tax Annual Amount: 10805
Tax Year: 2019
Contract Information
Association Type: Mandatory
Owner Name: Smith
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Common Interest: Planned Development
Rental History Gross Amount 1: 704687
Rental History Year 1: 2021
Rental History Gross Amount 2: 377362
Rental History Year 2: 2020
Association YN: Yes
Association Fee: 150
Association Fee Frequency: Monthly
Association Name: Accomadations By Parkside
Association Email: na
Current Price: $4,500,000
Original List Price: 3499000
Sold Price: $4,500,000
Status: Closed
Listing Contract Date: 2020-09-24
General Property Information
Lot Size Acres: 5
Above Grade Finished Area: 8127
Below Grade Finished Area: 5373
Below Grade Unfinished Area: 0
Garage YN: No
Bathrooms Half: 0
Garage Spaces: 0
Bonus Room YN: No
Number of Bonus Rooms: 0
Furnished: Furnished
Accessory Dwelling Unit YN: No
Sign On Property YN: No
Home Warranty YN: No
Construction Type: Site Built
List Price/SqFt: 370.37
Sold Price/SqFt: 333.33
Living Area: 13500
Bedrooms Total: 20
Bathrooms Total: 19
Bathrooms Full: 19
Year Built: 2016
Remarks and Miscellaneous
Public Remarks: Great investment opportunity! 12bd room, 8bd room with loft, and wedding pavilion being sold on a 5 acre track. It also has a private pool. This lot still has another build site as well that could hold up to a 4 or 5 bedroom house. Rental numbers for 2018 & 2019 12bd 2018- $260,000 12bd 2019- $251,000 8bd 2018- $171,000 8bd 2019- $206,000 Pavilion 2018- $30,000 Pavilion 2019- $61,000. 12bd 2020- $203,586. 8bd 2020- $152,626. Venue 2020- $21,150. 12bd 2021 $309,837 8bd 2021- $273,850 Venue 2021-$121,000. YTD for 2021 $704,687
Directions: From the Parkway in Pigeon Forge, Turn onto Pine Mountain Road at red light #6. Drive 2.4 miles, gated driveway will be on the left.
Status Change Information
Status Change Timestamp: 2021-12-23
Buyer Financing: Cash
Anticipated Closing Date: 2022-02-08
Major Change Timestamp: 2021-12-23T17:34:16Z
Major Change Type: Status Change
Price Change Timestamp: 2021-09-14T19:11:11Z
Purchase Contract Date: 2021-12-09
Close Date: 2021-12-23
Close Price: 4500000
Appliances
Dishwasher: 1
Double Oven: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Range Hood: 1
Refrigerator: 1
Architectural Style
Cabin: 1
Association Amenities
Clubhouse: 1
Association Fee Includes
Maintenance Grounds: 1
Basement
Crawl Space: 1
Exterior Features
Rain Gutters: 1
Fireplace Features
Gas Starter: 1
Interior Features
Ceiling Fan(s): 1
Other: 1
Levels
Three Or More: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
Patio And Porch Features
Deck: 1
Pool Features
Hot Tub: 1
Possession
Close Of Escrow: 1
Rental
On Site: 1
Rental History: 1
Road Surface Type
Paved: 1
Roof
Metal: 1
Security Features
Gated Community: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Showing Requirements
Call Listing Agent: 1
Location Tax and Legal
Street Number: 1175
Street Name: Pine Mountain
Street Suffix: Road
County: Sevier
State: TN
Zip Code: 37862
Property Sub Type: Single Family Residence
MLS Area Major: Sevierville
Subdivision Name: Parkside Resort
Property Features
Appliances: Dishwasher; Double Oven; Dryer; Electric Range; Microwave; Range Hood; Refrigerator
Architectural Style: Cabin
Association Amenities: Clubhouse
Association Fee Includes: Maintenance Grounds
Basement: Crawl Space
Exterior Features: Rain Gutters
Fireplace Features: Gas Starter
Interior Features: Ceiling Fan(s); Other
Levels: Three Or More
Listing Terms: Cash; Conventional; FHA
Patio And Porch Features: Deck
Pool Features: Hot Tub
Possession: Close Of Escrow
Rental: On Site; Rental History
Road Surface Type: Paved
Roof: Metal
Security Features: Gated Community
Sewer: Public Sewer
Water Source: Public
Showing Requirements: Call Listing Agent
Listing Office:
Parkside Real Estate, LLC
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.