realty-smokies

4212 Bruce Ogle Way, 4216,4220,4224 Bruce Ogle Way, Pigeon Forge, TN 37863

$1,625,000
Property Type: Residential Income Bedrooms: 4 Baths: 8 Square Footage: 4,224 Lot Size (sq. ft.): 159,430 Status: Closed
Current Price: $1,625,000 List Date: 3/02/2021 Last Modified: 9/10/2024

Overview

Description

Looking for an amazing investment in the Smoky Mountains, here are 4 cabins on over 3.5 acres, each will sleep 6-8 people. Cabins were built in 2019 and each has its own theme. There is a huge field and a stream that runs in front of the cabins. In 2020 they gross $221,500 and as of now have $154,000 on the books for 2021.

Listing Details MLS# 240963

General Property Information

Number Of Units Total
4
Lot Size Acres
3.66
Living Area
4224
Bedrooms Total
4
Bathrooms Total
8
Bathrooms Full
5
Bathrooms Half
3
Year Built
2019
Bonus Room YN
Yes
Number of Bonus Rooms
2
Bonus Room Type(s)
Loft rooms
Sign On Property YN
No
Home Warranty YN
No
List Price/SqFt
366.95
Sold Price/SqFt
384.71
Below Grade Unfinished Area
0
Garage Spaces
0

Property Features

Water Source: Shared Well

Location Tax and Legal

Street Number
4212
Street Name
Bruce Ogle
Street Suffix
Way
County
Sevier
State
TN
Zip Code
37863
Property Sub Type
Quadruplex
MLS Area Major
Pigeon Forge

Contract Information

Original List Price
1550000
Listing Contract Date
2021-03-02
Owner Name
Maarten Deutekom
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Rental History Gross Amount 1
221500
Rental History Year 1
2020
Rental History Gross Amount 2
154000
Rental History Year 2
2021
Association YN
No

Remarks and Miscellaneous

Public Remarks
Looking for an amazing investment in the Smoky Mountains, here are 4 cabins on over 3.5 acres, each will sleep 6-8 people. Cabins were built in 2019 and each has its own theme. There is a huge field and a stream that runs in front of the cabins. In 2020 they gross $221,500 and as of now have $154,000 on the books for 2021.
Directions
From traffic light 10 in Pigeon Forge take Conner Heights Rd in 0.5 mi Road name changes to Mill Creek Rd 1.7 mi Turn left over bridge to stay on Mill Creek Rd 0.7 mi Keep straight to get onto Laurel Lick Rd 0.5 mi take left on to Bruce Ogle Way. All 4 cabins will be on the right

Status Change Information

Major Change Timestamp
2021-03-22T06:55:00Z
Major Change Type
Status Change
Status Change Timestamp
2021-03-22
Purchase Contract Date
2021-03-05
Close Date
2021-03-22
Close Price
1625000
Buyer Financing
Cash
Anticipated Closing Date
2021-03-22

More Information

Unit Details

# of 1-Bedroom Units
4
# of 2-Bedroom Units
4
2-Bedroom Dimensions
loft

Income and Expenses

Gross Income
221500

Showing Requirements

Showing Instructions
Call listing agent for showings

Location, Tax, and Legal

Street Additional Info
4216,4220,4224 Bruce Ogle Way
Restrictive Covenants YN
No
Zoning
A-1
Zoning Entity
Sevier County
Tax Lot
9
Book/Page/Doc #
4508, 510
Tax Annual Amount
2440.32
Tax Year
2019

Water Source

Shared Well
Yes
Listing Office: Realty Executives Southern Living
Last Updated: September - 10 - 2024
Information deemed reliable but not guaranteed.