NOT LISTED FOR SALE

848 Black Bear Cub Way Pigeon Forge, TN 37862

Estimated Value: $871,000 - $1,038,000

3 Beds
4 Baths
2,880 Sq Ft
$324/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $825,000 $286 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,611/month

166 Days on Market

Highlights

  • Pool and Spa
  • Mountain View
  • Cathedral Ceiling
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of October 2023

Luxurious log cabin located within the Black Bear Ridge Resort Community offering 2880 sq/ft of spacious living area that comfortably accommodates up to 14 guest! With an established rental history spanning over the last 7 consecutive years, producing over $100K in '2021 with over $69,600 on the books for 2023! This meticulously cared for luxury cabin is located within 10 minutes of the main Parkway in Pigeon Forge in the highly sought after community of Black Bear Ridge. Owners have spared no expense with updated furniture that includes authentic custom log furniture throughout all 3 levels, newer sofas, love seats, two dining tables with seating capacity for 6 each, new flooring on main level, and big screen T.V's. The upper level includes a very spacious recreation room complete with a billiard table, foosball table, 2 sofas, 2 separate twin over full bunk beds, and a big screen t.v.. One of the more unique features in this cabin includes the custom designed theater room with authentic theater seating for 10 with cup holders, a huge movie screen framed by classic rich red and gold-trimmed curtains for a realistic movie theater experience. (the theater room was previously used as a large third bedroom, but can easily be converted back to a full bedroom) All 3 levels also offer a covered exterior deck! "Be Our Guest" has a strong proven rental history with new & repeat guest bookings year over year. Black Bear Ridge is located within an easy 10 minute drive to all the exciting attractions & venues in Pigeon Forge including The Island in Pigeon, LeConte Center At Pigeon Forge, and 15 minutes to Dollywood Theme Park & Splash Country Water Park! Current management company is offering a 90/10 split for the first year with a 2 yr contract.

Last Listed By

Louis Josey

Prime Mountain Properties License #320779 Listed on: 04/06/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,086

Year Built

  • Built in 2006

Lot Details

  • 1

HOA Fees

  • $130 Monthly HOA Fees

Home Design

  • Log Cabin
  • Composition Roof
  • Log Siding
  • Block And Beam Construction

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Wood Flooring
  • Mountain Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Shared Septic

Community Details

  • Association fees include ground maintenance, roads
  • Wise Property Solutions Association
  • Black Bear Ridge Pud Subdivision
  • On-Site Maintenance

Listing and Financial Details

  • Tax Lot 7-R

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,086

Year Built

Built in 2006

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Reso Association Fee Includes: Maintenance Grounds, Roads
  • Co List Office Mls Id: 325
  • Subdivision Name: Black Bear Ridge Pud
  • Above Grade Finished Sq Ft: 1920.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Two
  • Location Tax and Legal Tax Lot2: 7-R
  • Location Tax and Legal:Tax Annual Amount: 2086.06
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Above Grade Finished Area: 1920.0
  • General Property Information Below Grade Finished Area: 960.0
  • General Property Information Bonus Room YN2: No
  • General Property Information:Furnished: Furnished
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • General Property Information View YN2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Sewer Shared Septic: Yes
  • Room Types Bedroom 3 Level: B
  • Pool Features Hot Tub: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished, Full
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Soaking Tub, Tile Counters
  • Street Number Modifier: 848
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 960.0
  • Fireplace Features: Electric
  • Total Bedrooms: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Full Basement: Yes
  • Interior Features:Tile Counters: Yes

Exterior Features

  • Roof: Composition
  • View: Yes
  • Home Warranty: No
  • Construction Type: Block, Log, Log Siding
  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Materials:Log: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Log Siding: Yes
  • Construction Materials:Block: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Paved
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric, Heat Pump
  • Sewer: Shared Septic
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 390.0
  • Association Fee Frequency: Quarterly
  • Association Name: Wise Property Solutions
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Maintenance Grounds2: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2086.06
  • Tax Lot: 7-R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2025
Sold by
Belue Gabriel and Belue Margaret
Bought by
Belue Vacations Llc
Total Days on Market
166
Current Estimated Value
$932,315

Purchase Details

Listed on
Oct 5, 2015
Closed on
Dec 9, 2015
Sold by
Dobson Eric
Bought by
Curtis Justin
Seller's Agent
Tracy King
Your Home Sold Guaranteed Realty TN(Sevier)
Buyer's Agent
Louis Josey
LeConte Real Estate, LLC
List Price
$299,000
Sold Price
$303,500
Premium/Discount to List
$4,500
1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%
Original Mortgage
$240,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2008
Sold by
Hensley Thomothy W
Bought by
Eric Dobson

Purchase Details

Closed on
Nov 9, 2007
Sold by
Carl Robert R
Bought by
United Community Bank

Purchase Details

Closed on
Aug 21, 2006
Sold by
Ernest Barnett
Bought by
Terran Lohman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,000
Interest Rate
6.67%

Purchase Details

Closed on
Sep 9, 2005
Sold by
Black Bear Ridge L L C
Bought by
Ernest Barnett

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Belue Vacations Llc -- None Listed On Document
Belue Vacations Llc -- None Listed On Document
Curtis Justin $303,500 --
Eric Dobson $348,909 --
United Community Bank $375,000 --
Terran Lohman $67,500 --
Ernest Barnett $75,000 --
Black Bear Ridge Resort L L C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Curtis Justin $211,500
Previous Owner Curtis Justin $240,000
Previous Owner Lohman Terran W $55,215
Previous Owner Black Bear Ridge Resort L L C $497,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $825,000 -17.5% $286 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $999,999 +229.5% $347 / Sq Ft
03/09/2021 03/09/21 Off Market $303,500 -- --
12/09/2015 12/09/15 Sold $303,500 +1.5% $105 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
10/05/2015 10/05/15 For Sale $299,000 -- $104 / Sq Ft
Source: Great Smoky Mountains Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,338 $225,520 $11,200 $214,320
2023 $3,338 $225,520 $0 $0
2022 $2,086 $140,950 $7,000 $133,950
2021 $2,086 $140,950 $7,000 $133,950
2020 $1,662 $140,950 $7,000 $133,950
2019 $1,662 $89,375 $7,000 $82,375
2018 $1,662 $89,375 $7,000 $82,375
2017 $1,662 $89,375 $7,000 $82,375
2016 $1,662 $89,375 $7,000 $82,375
2015 -- $67,175 $0 $0
2014 $1,095 $67,168 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 256632

Great Smoky Mountains Association of REALTORS®

APN: 093L-A-001.00-007