3169 Stepping Stone Dr Pigeon Forge, Tennessee, 37862-8616
3 bed • 2.5 bath • 10 guests
Est. $3,866/mo
This property is for sale!
Contact Agent
$75,861
Annual Revenue
This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $357/night at 59% occupancy.Projected nightly rate is $310/night at 67% occupancy.
Top 51% of comparables
Top 41% of comparables
Seasonality
Sign up to view the full seasonality chart
-$1,451
Profit
Revenue
$75,861
Operating Expenses
$22,942
Operating Income
$52,919
Mortgage & Taxes
$54,370
Profit (Cash Flow)
-$1,451
$194,005
Cash Investment
Down Payment
$161,200
Renos & Furnishing
$8,625
Closing Costs
$24,180
Total
$194,005
DSCR Ratio
Weak
Get a pre-qualification letter
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-0.74%
Cap Rate
6.56%
STR Tax Calculator (USA)
Your current annual income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your est deduction will be...
Deductible mortgage interest
$38,254
Deductible property tax
$7,979
Your total deduction
$112,657
Your adjusted annual income
$150,000 - $112,657 = $37,343
Taxes on $37,343 (30%)
$11,203
Your old tax bill
$45,000
Your new tax bill
$11,203
Estimated tax savings
$33,797
Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com
Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
-
Year built:
1980
Size:
3,472 sqft
Type:
SFR
Parking:
2
Heating:
YES
Sold Comparables
| Address | Beds | Baths | Square Feet | $/SqFt | Lot Size | Year Built | Last Sale | Days on Market |
|---|---|---|---|---|---|---|---|---|
| 3049 N Clear Fork Rd | 2 | 2 | 1,316 | - | 0 | 1982 | $449,900 | 14 |
| 2505 Wildcat Ridge Rd | 3 | 3 | 2,184 | - | 0 | 2006 | $724,900 | 21 |
| 2253 Lone Ridge Dr | 3 | 4 | 2,000 | - | 43,560 | 2007 | $1,495,000 | 39 |
| 3517 Sugar Maple Loop Rd | 3 | 2 | 2,016 | - | 0 | 2000 | $569,347 | 79 |
| 3110 Hatcher Top Rd | 2 | 3 | 2,688 | - | 0 | 2007 | $675,000 | 27 |
| 2529 Mountain Holly Way | 3 | 3 | 2,016 | - | 42,253 | 2019 | $968,000 | 40 |
| 2609 Hatcher Mountain Rd | 3 | 3 | 1,980 | - | 43,560 | 2002 | $700,000 | 96 |
| 2645 Black Walnut Flats Rd | 2 | 2 | 1,638 | - | 0 | 1976 | $300,000 | 20 |
| 3153 Stepping Stone Dr | - | 4 | 3,204 | - | 21,344 | 2023 | $1,156,200 | - |
| 2417 Paradise Falls Way | - | 2 | 1,792 | - | 27,443 | 2023 | $740,000 | - |
Property Details
- MLS Status: Active
- Property Use: Single Family Residence
- Stories: 2
- Lot size: -
- Building area: 3,472 sqft
- Garage: No
- Heating: Yes
- Pool: Yes
- Fireplaces: 1
- Basement: Yes
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: R-1
- Land Use: Residential
- Parcel Number: 078113C C 00200
- Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD
Tax Info
- Year Assessed: 2021
- Assessed Value: $125,440
- County Est. Land Value: $18,000
- Assessed Land Value: $7,200
- County Est. Structure Value: $295,600
Market Estimate: $862,281
Sale history
| Date | Sale Price | % Financed | Buyer |
|---|---|---|---|
| 09/17/21 | $0 | 0% | Michael Mabrey, Lisa Mabrey |
| 11/22/16 | $183,000 | 80% | Steven D Walker, Mary A Walker |
| 06/30/05 | $212,000 | 76% | Randel W Beasley, Sherrie Beasley |
| Invalid Date | $0 | 0% | Wisley,Tr |
| Invalid Date | $184,500 | 95% | Dale F Wisley, Vicki G Wisley |
Ownership
- Name: Michael Mabrey
- Owner Occupied: No
- Owner Mailing Address: 408 Rugh Ridge Way, Sevierville, Tn 37876
- Years Owned: 90
- Home Equity: $502,400
- Mortgage Balance Remaining: $195,000
- Financed amount: 95%
- Owner Type: Individual
- Lien: No
- Inherited: No
- Foreclosure: No