3116 Laughing Pines Lane, Sevierville, TN 37862
$1,325,000
Property Type:
Residential
Bedrooms:
4
Baths:
5
Square Footage:
3,348
Lot Size (sq. ft.):
45,738
Status:
Closed
Current Price:
$1,325,000
List Date:
8/11/2023
Last Modified:
9/01/2024
Description
***$149,0000 IN PROJECTED RENTAL INCOME PLUS THE SELLER IS OFFERING A $25,000 ALLOWANCE TO BE USED BY THE BUYER FOR FURNITURE/DECOR UPGRADES OR THE BUYER MAY CHOOSE TO USE IT AS A CREDIT TOWARD CLOSING COST/PREPAIDS***. If you want the jackpot of rentals only 5 miles to the Pigeon Forge Parkway, take a look at ''Above and Beyond''. This beautiful mountain home features 4 bedroom each with their own private en suite bathroom. The main level kitchen, dining and living area complete with fireplace all look out to the expansive Great Smoky Mountains, The main level features 2 bedroom suites while the other two are on the lower level, each one with large windows to take in the mountain views. The lower level feature a game room complete with pool table, pub table for playing games as well as a multicade video game system. While the inside of this home is beautiful and inviting, the exterior covered decks are where you will want to spend all your time. Whether you enjoy rocking to the sounds of the crickets, grilling out for family and friends or taking a soak in the jacuzzi tub, the massive decking on this home will not disappoint. In addition to the main residence, this home also features a 2-car detached garage space that is a great addition for a primary or 2nd home residence but could also be finished out as a home theater or an additional gaming space for your guests. The owners of this home use it quite frequently so the potential for rental income is much greater than what is shown.
More Information MLS# 258783
Location, Tax, and Legal
Street Number: 3116
Street Name: Laughing Pines
Street Suffix: Lane
County: Sevier
State: TN
Zip Code: 37862
Property Sub Type: Single Family Residence
MLS Area Major: Bluff Mtn/Walde
Restrictive Covenants YN: Yes
Subdivision Name: Laughing Pines
Zoning: R-1
Zoning Entity: Sevier County
Tax Lot: 44
Book/Page/Doc #: 6013, 168
Tax Annual Amount: 2867.5
Tax Year: 2022
Contract Information
Current Price: $1,325,000
Original List Price: 1579900
Sold Price: $1,325,000
Status: Closed
Listing Contract Date: 2023-08-11
Owner Name: J2 Motorsports LLC
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Rental History Gross Amount 1: 77142
Rental History Year 1: 2022
Rental History Gross Amount 2: 109329
Rental History Year 2: 2021
Association YN: Yes
Association Fee: 40
Association Fee Frequency: Annually
Association Name: Laughing Pines HOA
Association Email: Michaels.may.sr@gmail.com
Association Type: Mandatory
General Property Information
Lot Size Acres: 1.05
Living Area: 3348
Above Grade Finished Area: 1674
Below Grade Finished Area: 1674
Bedrooms Total: 4
Bathrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: 1
Garage YN: Yes
Attached Garage YN: No
Garage Spaces: 2
Year Built: 2018
Bonus Room YN: No
Number of Bonus Rooms: 1
Bonus Room Type(s): Gameroom
Accessory Dwelling Unit YN: No
Sign On Property YN: No
Home Warranty YN: No
Furnished: Furnished
Construction Type: Site Built
View YN: Yes
List Price/SqFt: 446.24
Sold Price/SqFt: 395.76
Remarks and Miscellaneous
Public Remarks: ***$149,0000 IN PROJECTED RENTAL INCOME PLUS THE SELLER IS OFFERING A $25,000 ALLOWANCE TO BE USED BY THE BUYER FOR FURNITURE/DECOR UPGRADES OR THE BUYER MAY CHOOSE TO USE IT AS A CREDIT TOWARD CLOSING COST/PREPAIDS***. If you want the jackpot of rentals only 5 miles to the Pigeon Forge Parkway, take a look at ''Above and Beyond''. This beautiful mountain home features 4 bedroom each with their own private en suite bathroom. The main level kitchen, dining and living area complete with fireplace all look out to the expansive Great Smoky Mountains, The main level features 2 bedroom suites while the other two are on the lower level, each one with large windows to take in the mountain views. The lower level feature a game room complete with pool table, pub table for playing games as well as a multicade video game system. While the inside of this home is beautiful and inviting, the exterior covered decks are where you will want to spend all your time. Whether you enjoy rocking to the sounds of the crickets, grilling out for family and friends or taking a soak in the jacuzzi tub, the massive decking on this home will not disappoint. In addition to the main residence, this home also features a 2-car detached garage space that is a great addition for a primary or 2nd home residence but could also be finished out as a home theater or an additional gaming space for your guests. The owners of this home use it quite frequently so the potential for rental income is much greater than what is shown.
Directions: From Pigeon Forge Stop Light #3, take Wears Valley Rd (Hwy 321 S) 2.6 miles to a right onto Waldens Creek Rd. Follow for 1.6 miles to a Right onto Laughing Pines Lane. Cabin driveway will be .8 miles on your right (Above and Beyond)
Status Change Information
Major Change Timestamp: 2024-06-08T17:07:44Z
Major Change Type: Status Change
Price Change Timestamp: 2023-10-24T16:03:33Z
Status Change Timestamp: 2024-06-08
Purchase Contract Date: 2024-05-01
Close Date: 2024-06-07
Close Price: 1325000
Buyer Financing: Cash
Fireplace Features
Fireplaces Total: 1
Showing Requirements
Showing Instructions: TO SCHEDULE A SHOWING CALL LISTING AGENT AT (865) 654-0565. All information is deemed to be reliable, but not guaranteed. All offers are to be accompanied by a pre-qualification letter or proof of funds (NO EXCEPTION). As with all Real Estate transactions you should verify all information independently including HOA info. Buy Title insurance, have a survey, home inspection, and all other needed inspections. Equal Housing Opportunity.
Historical Information
Public Historical Remarks: Interior Features: Large Primary Bedroom
Property Features
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Self Cleaning Oven; Washer; Water Purifier; Water Softener Owned
Architectural Style: Cabin
Attic Features: None
Basement: Basement; Finished; Full; Walk-Out Access
Construction Materials: Frame; Log Siding
Cooling: Central Air; Electric
Exterior Features: Rain Gutters
Fireplace Features: Electric
Heating: Central; Electric; Heat Pump
Interior Features: Ceiling Fan(s); Great Room; High Speed Internet; Solid Surface Counters; Walk-In Closet(s)
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: Two
Listing Terms: 1031 Exchange; Cash; Conventional; VA Loan
Lot Features: Private
Parking Features: Driveway; Paved
Patio And Porch Features: Covered; Deck; Porch
Pool Features: Hot Tub
Possession: Close Of Escrow
Rental: Off Site
Road Frontage Type: County Road
Road Surface Type: Paved
Roof: Composition
Security Features: Smoke Detector(s)
Sewer: Septic Tank; Septic Permit On File
View: Mountain(s)
Water Source: Well
Window Features: Double Pane Windows
Showing Requirements: Appointment Only; Call Listing Agent
Listing Office: Mountain Realty Group
Last Updated: September - 01 - 2024
Information deemed reliable but not guaranteed.