2012 Bear Creek Way, Pigeon Forge, TN 37862

$970,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 2,246 Status: Closed
Current Price: $970,000 List Date: 1/12/2023 Last Modified: 8/31/2024

Description

Buyer financing fell through. Beautiful 5 Bedroom Cabin in the perfect location within minutes of Pigeon Forge and Wears Valley. This very well maintained cabin offers large bedroom suites, 4 Bathrooms, cathedral ceilings, game room, Hot Tub, large covered decks and even a dedicated EV Charging plug. Located in the desirable Covered Bridge resort you get access to the community pool and clubhouse. Sold fully furnished and stocked and ready to add to your STR portfolio. See attached list of updates.

More Information MLS# 255439

Location, Tax, and Legal

Restrictive Covenants YN: Yes Zoning: R-2 Zoning Entity: Sevier County Parcel Number: 093J B 001.00 Tax Lot: 047 Book/Page/Doc #: 5606, 330 Tax Annual Amount: 2112.03 Tax Year: 2022

Contract Information

Association Type: Mandatory Owner Name: Bond Listing Agreement: Exclusive Right To Sell Occupancy: Either Common Interest: Planned Development Rental History Gross Amount 1: 103000 Rental History Year 1: 2022 Rental History Gross Amount 2: 121000 Rental History Year 2: 2021 Association YN: Yes Association Fee: 550 Association Fee Frequency: Quarterly Association Name: Covered Bridge Association Email: Services@wisepropertysolutions.com Current Price: $970,000 Original List Price: 995000 Sold Price: $970,000 Status: Closed Listing Contract Date: 2023-01-12

General Property Information

Lot Size Acres: 0 Above Grade Finished Area: 1382 Below Grade Finished Area: 864 Below Grade Unfinished Area: 0 Garage YN: No Bathrooms Half: 0 Garage Spaces: 0 Bonus Room YN: No Furnished: Furnished Accessory Dwelling Unit YN: No Sign On Property YN: No Home Warranty YN: No Construction Type: Site Built List Price/SqFt: 443.01 Sold Price/SqFt: 431.88 Living Area: 2246 Bedrooms Total: 5 Bathrooms Total: 4 Bathrooms Full: 4 Year Built: 2004

Remarks and Miscellaneous

Public Remarks: Buyer financing fell through. Beautiful 5 Bedroom Cabin in the perfect location within minutes of Pigeon Forge and Wears Valley. This very well maintained cabin offers large bedroom suites, 4 Bathrooms, cathedral ceilings, game room, Hot Tub, large covered decks and even a dedicated EV Charging plug. Located in the desirable Covered Bridge resort you get access to the community pool and clubhouse. Sold fully furnished and stocked and ready to add to your STR portfolio. See attached list of updates. Directions: From Pigeon Forge Take Wears Valley Rd (light #3) to RIGHT onto Waldens Creek. Take a LEFT onto Old Valley Road. Take first LEFT into Covered Bridge Resort. Follow to 2012 Bear Creek Way - Bear Creek Lodge

Status Change Information

Status Change Timestamp: 2023-03-23 Buyer Financing: Conventional Anticipated Closing Date: 2023-03-23 Major Change Timestamp: 2023-03-23T17:31:17Z Major Change Type: Status Change Purchase Contract Date: 2023-02-19 Close Date: 2023-03-23 Close Price: 970000

Appliances

Dishwasher: 1 Dryer: 1 Electric Cooktop: 1 Electric Range: 1 Microwave: 1 Refrigerator: 1 Self Cleaning Oven: 1 Washer: 1

Architectural Style

Cabin: 1

Association Amenities

Clubhouse: 1 Management: 1 Pool: 1

Association Fee Includes

Maintenance Grounds: 1 Roads: 1

Attic Features

None: 1

Basement

Basement: 1 Finished: 1 Full: 1

Community Features

Clubhouse: 1

Construction Materials

Log: 1 Log Siding: 1

Cooling

Central Air: 1 Electric: 1

Fireplace Features

Fireplaces Total: 2 Electric: 1

Foundation Details

Slab: 1

Heating

Central: 1 Electric: 1 Heat Pump: 1

Interior Features

Cathedral Ceiling(s): 1 Ceiling Fan(s): 1 High Speed Internet: 1 Soaking Tub: 1 Wet Bar: 1

Laundry Features

Electric Dryer Hookup: 1 Washer Hookup: 1

Levels

Tri-Level: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1 FHA: 1 VA Loan: 1

Parking Features

Driveway: 1 Paved: 1

Patio And Porch Features

Covered: 1 Deck: 1 Porch: 1

Pool Features

Hot Tub: 1

Possession

Close Of Escrow: 1

Rental

Rental History: 1

Road Frontage Type

City Street: 1 County Road: 1

Road Surface Type

Paved: 1

Roof

Composition: 1

Security Features

Smoke Detector(s): 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Window Features

Double Pane Windows: 1 Window Treatments: 1

Showing Requirements

Showing Instructions: Back on market due to buyer financing, we were past inspection and appraisal with no issues when buyer had to terminate due to failed 1031 exchange. Email Derek at derek@theshorttermshop.com AND daisy@theshorttermshop.com for schedule and access code. Email all offers to derek@theshorttermshop.com AND daisy@theshorttermshop.com . As with all Real Estate transactions you should verify all information independently including HOA info, square footage, etc. Buy Title insurance, have a survey, home inspection, and all other needed inspections. Buy insurance. Equal housing opportunity. Most information from Tax records and not verified by listing agent/Company. Currently self-managed, no commitment to honor any reservations required. See attached list of updates. Utilities: City of PF Water/Sewer, Comcast/Xfinity for Internet/Cable and SCES for electric. Airbnb Link: https://www.airbnb.com/rooms/39738212 See Remarks: 1

Historical Information

Public Historical Remarks: Interior Features: Large Primary Bedroom

Location Tax and Legal

Street Number: 2012 Street Name: Bear Creek Street Suffix: Way County: Sevier State: TN Zip Code: 37862 Property Sub Type: Single Family Residence MLS Area Major: Bluff Mtn/Walde Subdivision Name: Other

Property Features

Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Range; Microwave; Refrigerator; Self Cleaning Oven; Washer Architectural Style: Cabin Association Amenities: Clubhouse; Management; Pool Association Fee Includes: Maintenance Grounds; Roads Attic Features: None Basement: Basement; Finished; Full Community Features: Clubhouse Construction Materials: Log; Log Siding Cooling: Central Air; Electric Fireplace Features: Electric Foundation Details: Slab Heating: Central; Electric; Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); High Speed Internet; Soaking Tub; Wet Bar Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Tri-Level Listing Terms: 1031 Exchange; Cash; Conventional; FHA; VA Loan Parking Features: Driveway; Paved Patio And Porch Features: Covered; Deck; Porch Pool Features: Hot Tub Possession: Close Of Escrow Rental: Rental History Road Frontage Type: City Street; County Road Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector(s) Sewer: Public Sewer Water Source: Public Window Features: Double Pane Windows; Window Treatments Showing Requirements: See Remarks
Listing Office: eXp Realty, LLC 7720
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.