realty-smokies

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

Overview

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

Listing Details MLS# 300136

General Property Information

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

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

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

Contract Information

Original List Price
1349000
Listing Contract Date
2024-03-30
Auction YN
No
Owner Name
Hrib Michael L
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Association YN
No

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

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

More Information

Fireplace Features

Fireplaces Total
3
Gas Log
Yes

Room Types

Kitchen Level
First
Living Room Level
First
Primary Bedroom Level
First
Kitchen
Yes
Living Room
Yes
Primary Bedroom
Yes

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

Appliances

Dryer
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

Cabin
Yes

Basement

Crawl Space
Yes
Dirt Floor
Yes

Construction Materials

Log
Yes
Masonry
Yes

Cooling

Central Air
Yes

Documents

TN Prop Residential Condition Disc or Ex
Yes

Flooring

Wood
Yes

Frontage Type

Other
Yes

Heating

Central
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes

Laundry Features

Electric Dryer Hookup
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Lock Box Information

Call Seller Direct
Yes

Lot Features

Wooded
Yes

Parking Features

Driveway
Yes
Paved
Yes
Private
Yes

Patio And Porch Features

Deck
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

Private Road
Yes

Road Responsibility

Public Maintained Road
Yes

Road Surface Type

Paved
Yes

Roof

Metal
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Water Available
Yes

Water Source

Public
Yes

Showing Considerations

See Remarks
Yes

Showing Requirements

Appointment Only
Yes

Room Information

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