2025 Tiffany Way, Sevierville, TN 37862

$1,260,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 5,720 Lot Size (sq. ft.): 84,071 Status: Closed
Current Price: $1,260,000 List Date: 3/30/2024 Last Modified: 9/02/2024

Description

THREE Cabins on one lot - rental projections of $200,000 annual combined gross income! Three cabins total: #2025 is 1 BR, #2029 is 1BR+loft (rented as a 2BR), #2031 is a legal 2BR. Beautiful views in an excellent location a couple miles to Dollywood & Pigeon Forge. Sold fully furnished, ready to rent! Hot tub on each deck. Metal roofs, newer AC units and hot water heaters on 2 of the cabins. NO HOA / no rental restrictions. These properties will qualify for a conventional multifamily loan. Buyer to verify all square footage

More Information MLS# 300136

Location, Tax, and Legal

Zip +4: 9401 New Construction YN: No Restrictive Covenants YN: No Zoning: R-1 Zoning Entity: Sevier County Parcel Number: 084C A 01300 000 Tax Lot: 13-R Tax Annual Amount: 2973.62 Tax Year: 2023

Contract Information

Auction YN: No Owner Name: Hrib Michael L Listing Agreement: Exclusive Right To Sell Occupancy: Either Association YN: No Current Price: $1,260,000 Original List Price: 1349000 Sold Price: $1,260,000 Status: Closed Listing Contract Date: 2024-03-30

General Property Information

Stories Total: 2 Lot Size Acres: 1.93 Above Grade Finished Area: 2860 Below Grade Finished Area: 2860 Garage YN: No Bathrooms Half: 0 Garage Spaces: 0 Fireplace YN: Yes Bonus Room YN: No List Price/SqFt: 233.39 Sold Price/SqFt: 220.28 Living Area: 5720 Bedrooms Total: 4 Bathrooms Total: 5 Bathrooms Full: 5 Year Built: 2002

Remarks and Miscellaneous

Public Remarks: THREE Cabins on one lot - rental projections of $200,000 annual combined gross income! Three cabins total: #2025 is 1 BR, #2029 is 1BR+loft (rented as a 2BR), #2031 is a legal 2BR. Beautiful views in an excellent location a couple miles to Dollywood & Pigeon Forge. Sold fully furnished, ready to rent! Hot tub on each deck. Metal roofs, newer AC units and hot water heaters on 2 of the cabins. NO HOA / no rental restrictions. These properties will qualify for a conventional multifamily loan. Buyer to verify all square footage Directions: Veteran Blvd to Mccarter hollow rd east. Left on tiffany way

Status Change Information

Status Change Timestamp: 2024-05-31 Buyer Financing: Conventional Anticipated Closing Date: 2024-05-31 Major Change Timestamp: 2024-05-31T19:04:43Z Major Change Type: Status Change Price Change Timestamp: 2024-04-18T14:35:18Z Purchase Contract Date: 2024-04-24 Close Date: 2024-05-31 Close Price: 1260000

Appliances

Dryer: 1 Electric Range: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Architectural Style

Cabin: 1

Basement

Crawl Space: 1 Dirt Floor: 1

Construction Materials

Log: 1 Masonry: 1

Cooling

Central Air: 1

Documents

TN Prop Residential Condition Disc or Ex: 1

Fireplace Features

Fireplaces Total: 3 Gas Log: 1

Flooring

Wood: 1

Frontage Type

Other: 1

Heating

Central: 1

Interior Features

Cathedral Ceiling(s): 1 Ceiling Fan(s): 1

Laundry Features

Electric Dryer Hookup: 1

Listing Terms

Cash: 1 Conventional: 1 FHA: 1 VA Loan: 1

Lock Box Information

Call Seller Direct: 1

Lot Features

Wooded: 1

Parking Features

Driveway: 1 Paved: 1 Private: 1

Patio And Porch Features

Deck: 1

Possession

Close Of Escrow: 1

Road Frontage Type

Private Road: 1

Road Responsibility

Public Maintained Road: 1

Road Surface Type

Paved: 1

Roof

Metal: 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1 Electricity Available: 1 Water Available: 1

Water Source

Public: 1

Showing Considerations

See Remarks: 1

Showing Requirements

Appointment Only: 1

Room Types

Kitchen: 1 Kitchen Level: First Living Room: 1 Living Room Level: First Primary Bedroom: 1 Primary Bedroom Level: First

Location Tax and Legal

Street Number: 2025 Street Name: Tiffany Street Suffix: Way County: Sevier State: TN Zip Code: 37862 Property Sub Type: Single Family Residence MLS Area Major: Pigeon Forge Subdivision Name: Tiffany Ridge

Property Features

Appliances: Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Cabin Basement: Crawl Space; Dirt Floor Construction Materials: Log; Masonry Cooling: Central Air Documents: TN Prop Residential Condition Disc or Ex Fireplace Features: Gas Log Flooring: Wood Frontage Type: Other Heating: Central Interior Features: Cathedral Ceiling(s); Ceiling Fan(s) Laundry Features: Electric Dryer Hookup Listing Terms: Cash; Conventional; FHA; VA Loan Lock Box Information: Call Seller Direct Lot Features: Wooded Parking Features: Driveway; Paved; Private Patio And Porch Features: Deck Possession: Close Of Escrow Road Frontage Type: Private Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Metal Sewer: Public Sewer Utilities: Cable Available; Electricity Available; Water Available Water Source: Public Showing Considerations: See Remarks Showing Requirements: Appointment Only Room Types: Kitchen; Living Room; Primary Bedroom

Room Information

Living Room Level: First Dimensions: 12 x 12 Length: 12.00 Length: 12.00 Width: 12.00 Width: 12.00 Kitchen Level: First Dimensions: 8 x 12 Length: 8.00 Length: 8.00 Width: 12.00 Width: 12.00 Primary Bedroom Level: First Dimensions: 12 x 16 Length: 12.00 Length: 12.00 Width: 16.00 Width: 16.00
Listing Office: Listwithfreedom.com
Last Updated: September - 02 - 2024
Information deemed reliable but not guaranteed.