Beth Latham
Realty Executives Associates
(865) 518-8324
40 Total Sales
1 in Townsend
$625,000 Price
109 Cutter Gap Rd Townsend, TN 37882
Townsend AreaEstimated Value: $456,000 - $580,000
1
Bed
2
Baths
1,248
Sq Ft
$406/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Gated Community
- Deck
- Home fronts a creek
- Clubhouse
- Wooded Lot
About This Home
As of May 2024*2 bedroom layout*plus Loft *2 full baths* Looking for a getaway in the Great Smoky Mountains - the #1 visited National Park in the US? Always dreamed of owning a cabin in the woods? Looking for a way to have an income producing property? Check out this Townsend, TN home tucked in the almost 1,400 acre MOUNTAIN & gated community of Laurel Valley. This beautifully decorated and located CABIN is waiting for you to make it your *Primary Residence, Vacation Home, or INCOME PRODUCING Short Term Rental* on the ''Quiet Side of the Smokies.'' Owner updates include: - bathroom remodel including large walk-in shower - addition of hot tub - including necessary plumbing and electrical updates - updating the walk-in crawl space to include full size washer and dryer (this is in addition to the stacked unit within the home) *update allows for more efficient TURNS when preparing for guests* - addition of 2nd hot water heater to supply hot tub There is a small stream at the lower end of the property. Note this is a 2 bedroom layout with a septic rated for 1 bedroom. Note that this property is operating as a Short Term Rental. It is actively listed on VRBO and AirBNB - allowing the owners to benefit from the investment opportunity this community allows. Any and all showings will need to be scheduled around guests. Not wanting to operate a STR - no problem. Turn it into your Primary Residence. Want to explore the world of STR? Keep reading... This is a turn key operation - pending new listing profiles setup by new owners or owner property management company on STR platforms. It is intended to be sold turn-key (all furniture, linens, and appliances). Seller has a rental management company lined up for new owner to interview and transition all existing future bookings to. Management for 90 days with acceptable offer offered through
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,089
Year Built
- Built in 1997
Lot Details
- 16,988 Sq Ft Lot
- Home fronts a creek
- Lot Has A Rolling Slope
- Wooded Lot
HOA Fees
- $92 Monthly HOA Fees
Home Design
- Cottage
- Log Siding
Interior Spaces
- 1,248 Sq Ft Home
- Property has 3 Levels
- 1 Fireplace
- Crawl Space
Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Security Gate
- Fire and Smoke Detector
Outdoor Features
- Deck
Schools
- Townsend Elementary School
- Heritage Middle School
- Heritage High School
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 095K B 02400 000
Community Details
Overview
- Association fees include trash
- Fairlight Subdivision
Recreation
- Golf Course Community
- Community Pool
Additional Features
- Clubhouse
- Gated Community
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2024
Closed on
May 9, 2024
Sold by
Bought by
List Price
$514,900
Sold Price
$495,000
Premium/Discount to List
-$19,900
-3.86%
Views
225
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,242
Avg. Annual Appreciation
1.07%
Original Mortgage
$491,870
Outstanding Balance
$365,212
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$142,030
Purchase Details
Closed on
Apr 28, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 20, 1996
Sold by
Bought by
Purchase Details
Closed on
Jan 16, 1974
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Townsend, TN
-
Beth Latham
-
Cindy Dickerson
Cindy Dickerson
Realty Executives Associates
(865) 276-8895
117 Total Sales
1 in Townsend
$325,000 Price
-
Dena Miller
Dena Miller
Realty Executives Associates
(865) 234-9771
32 Total Sales
1 in Townsend
$495,000 Price
-
Jay Blevins
Jay Blevins
Blevins Grp, Realty Executives
(865) 448-7883
189 Total Sales
2 in Townsend
$175K - $425K Price Range
-
Lisa Axley
Lisa Axley
The Price Agency, Realty Executives
(865) 601-2781
52 Total Sales
1 in Townsend
$220,000 Price
-
Ron Hill
Ron Hill
Realty Executives Associates
(865) 509-9298
44 Total Sales
1 in Townsend
$99,900 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $495,000 | Foothills Title | ||
| $318,000 | -- | ||
| $15,000 | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $491,870 | ||
| Previous Owner | $252,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/09/2024 05/09/24 | Sold | $495,000 | -3.9% | $397 / Sq Ft |
| 04/24/2024 04/24/24 | Pending | -- | -- | -- |
| 03/04/2024 03/04/24 | For Sale | $514,900 | -- | $413 / Sq Ft |
Source: Realtracs
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $1,747 | $109,880 | $20,000 | $89,880 |
| 2024 | $1,092 | $68,675 | $12,500 | $56,175 |
| 2023 | $1,092 | $68,675 | $12,500 | $56,175 |
| 2022 | $1,089 | $44,100 | $9,200 | $34,900 |
| 2021 | $1,089 | $44,100 | $9,200 | $34,900 |
| 2020 | $1,089 | $44,100 | $9,200 | $34,900 |
| 2019 | $1,089 | $44,100 | $9,200 | $34,900 |
| 2018 | $1,090 | $44,125 | $9,375 | $34,750 |
| 2017 | $1,090 | $44,125 | $9,375 | $34,750 |
| 2016 | $1,090 | $44,125 | $9,375 | $34,750 |
| 2015 | $949 | $44,125 | $9,375 | $34,750 |
| 2014 | $984 | $44,125 | $9,375 | $34,750 |
| 2013 | $984 | $45,750 | $0 | $0 |
Source: Public Records
Map
Source: Realtracs
MLS Number: RTC2873406
APN: 095K-B-024.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.
Based on information submitted to the MLS GRID
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