$1,335,000
Sevierville, TN 37862
MLS# 1187520
Status: Closed
4 beds | 3150 sqft
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Property Description
Welcome to Mockingbird Memories!This cabin brought in over $200k in rental income in 2021. The proforma has been adjusted to account for higher interest rates and normalized bookings and still shows a 21% return on cash! This newly renovated four bedroom three bath cabin is located in the picturesque Wear's Valley, and offers all the comforts of home and then some! Mockingbird Memories has parking for 5 vehicles, a theater room, pool table, private indoor pool and beautiful mountain views! Entry-level of the cabin offers a theater room, 3 bedrooms and 2 bathrooms, and outdoor patio with porch swing. The master bedroom on this level boasts a king-sized bed, tv, private electric fireplace, patio access,and a spacious attached bathroom. Another king-sized bedroom can be found on this level
Details
Maps
Location, Tax & Legal Info
House #: 2950
Street Name: Mockingbird
St Suffix: Way
State/Province: TN
Zip Code: 37862
Property Sub-Type: Residential
Area: Sevier County - 27
City/County Code: County
PIN #: 123E A 016.00
Subdivision: Mockingbird Hill Phase Iii
Elementary School: Wearwood
High School: Pigeon Forge
Total Tax: 1653.08
Geo Lat: 35.726123
Geo Lon: -83.65015
Contract Info
Auction Y/N: No
Listing Price: 1499000
Current Price: $1,335,000
Status: Closed
Listing Date: 2022-04-14
Cooperation Comp: 2
Compensation Type: %
Occupancy: Either
Gross Amount Year 1: 201351
General Property Description
Type: 2 Story
Lot Size SqFt: 78408
Acres: 1.8
Acre Source: Tax Records
Site Built: Yes
Restrictions: Yes
SqFt - Total (Aprox): 3150
SqFt - Main Lvl: 1779
SqFt - 2nd Flr Lvl: 1371
# Bedrooms: 4
Baths - Full: 3
# of Rooms: 12
Fireplace: Yes
# Fireplace: 2
Property Status: N/A
HOA: Mandatory
HOA Fee: 51.58
HOA Freq: Monthly
HOA Contact: Mockingbird Hill HOA
Year Built: 2003
Bonus Room: Yes
Extra Storage: Yes
Remarks & Misc
Directions: From Pigeon Forge take light #3 towards Wears Valley approximately 7 miles to Wearwood on the Right (see signs for elementary school). Turn there, and follow road to LEFT of school, go through gates and follow up the hill bearing right to stay on Mockingbird Way. Home will be on the left
Public Remarks: Welcome to Mockingbird Memories!This cabin brought in over $200k in rental income in 2021. The proforma has been adjusted to account for higher interest rates and normalized bookings and still shows a 21% return on cash! This newly renovated four bedroom three bath cabin is located in the picturesque Wear's Valley, and offers all the comforts of home and then some! Mockingbird Memories has parking for 5 vehicles, a theater room, pool table, private indoor pool and beautiful mountain views!
Entry-level of the cabin offers a theater room, 3 bedrooms and 2 bathrooms, and outdoor patio with porch swing. The master bedroom on this level boasts a king-sized bed, tv, private electric fireplace, patio access,and a spacious attached bathroom. Another king-sized bedroom can be found on this level
Status Change Info
Status Change Date: 2022-09-28
Under Contract Date: 2022-08-24
Sold Date: 2022-09-27
Sold Price: $1,335,000
Property Features
Atchd/Dtchd Type: Detached
Style: Cabin
Construction: Frame
Siding: Log
Garage/Parking: Designated Parking; Main Level; Off-Street Parking
Basement: Crawl Space; Slab
Lot Description: Level; Private; Wooded
View: Country Setting; Mountain View
Fireplace: Gas Log
Floors: Carpet; Hardwood; Laminate
Fuel: Propane
Heat: Central; Other
Cooling: Ceiling Fan(s); Central Cooling; Wall Cooling
Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Self Cleaning Oven; Washer
Sewer: Perc Test On File; Septic Tank
Water: Well
Other Rooms: Extra Storage; Great Room; Laundry/Utility; Mstr Bdrm Main Level
Misc Features: Cathedral Ceiling; Hot Tub; Internet Available; Walk-in Closets; Walk-in Shower; Washer/Dryer Connect; Wired for Internet
Exterior Features: Deck; Pool - Swim (Ingrnd); Porch - Covered
Dining Area: Breakfast Bar; Eat-in Kitchen; Living Rm/Dining Rm
Community Amenities: Picnic/Barbeque Area; Swimming Pool
Showing: See Agent Instructns
New Financing: Cash; Conventional; FHA; USDA/Rural; VA Loan
Supplements
The last bedroom contains 2 full beds with a jack-and-jill bathroom attached to the theater room. The theater room features luxurious leather reclining couches, a twin bunk bed, and a large flat screen TV complete with bean bags for that perfect movie experience.
Travel upstairs to find the living area, kitchen, dining area, 1 additional bedroom and bathroom, pool table, and a hot tub! The living room features a stacked-stone gas fireplace, large flat-screen HDTV, plush leather furniture, and access to the deck. The fully equipped kitchen offers stainless appliances, generous work-space with granite counter tops and seating at the bar for 6. The dining area provides seating for an additional 8 guests. Bring out your inner barista at the coffee bar then step out on the deck to take in the breathtaking views of the Smoky Mountains. In the evening bubble all your worries away in the hot tub and then retreat to the king-sized bedroom with a hall bathroom.
Follow the sounds of splashing and laughter outside where you'll find the private indoor heated pool in an attached building with a roll up deck door to take in the incredible mountain view!
Schedule your private viewing TODAY!
Listing Office: Just Listed Knoxville Real Est
Office Phone: 865-705-2062
Last Updated: February - 23 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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