$449,900
$45K PRICE DROP

114 Cutter Gap Rd Townsend, TN 37882

Estimated payment $2,639/month

Total Views 15,782
1 Bed
2 Baths
1,254 Sq Ft
$359 Price per Sq Ft

Highlights

  • Golf Course Community
  • Wooded Lot
  • Cathedral Ceiling
  • Deck
  • Traditional Architecture
  • Wood Flooring

About This Home

Super cool one bedroom, two bath, with double sided sleeping loft, located in the Laurel Valley community in Townsend. Perfect for a short term rental, second home, or a permanent home. Easy access to the Great Smoky Mountains National Park, Cades Cove, Little River, shopping, restaurants, fishing and hiking. But, also easily commutable to Maryville or Knoxville. The Laurel Valley community also boasts the picturesque Wild Laurel 18-hole golf course, swimming pool, and fitness center. This beautiful home comes turn-key, ready for you to rent or move in right away!

Listing Agent

Chad Rochelle

Parkside Realty Services License #264746 Listed on: 03/10/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,154

Year Built

  • Built in 1999

Lot Details

  • 0.4 Acre Lot
  • Irregular Lot
  • Wooded Lot

HOA Fees

  • $92 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Cottage
  • Cabin
  • Block Foundation
  • Frame Construction
  • Shake Roof
  • Wood Siding
  • Shingle Siding
  • Cedar Siding
  • Cedar

Interior Spaces

  • 1,254 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Crawl Space

Parking

  • Parking Available
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Gas Grill

Schools

  • Townsend Elementary School
  • Heritage Middle School
  • Heritage High School

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Septic Tank
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 095K C 032.00
  • Tax Block A

Community Details

Overview

  • Fairlight Laurel Valley Subdivision
  • Mandatory home owners association

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,154

Year Built

Built in 1999

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Directions: Hwy 321 in Townsend to Old Tuckaleechee Road to Laurel Valley Road, to Laurel Valley Guard Gate, straight through gate, to second right onto Cutter Gap, to third home on right.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 1999
  • Lot Size Acres: 0.4
  • Lot Size: 103 X 201.45 IRR
  • Subdivision Name: Fairlight - Laurel Valley
  • Architectural Style: Cottage, Cabin, Traditional
  • Property Attached Yn: No
  • Lot Description:Wooded: Yes
  • Lot Description:Irregular Lot: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 870.0
  • General Property Description:SqFt - 2nd Flr Lvl: 384.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Water:Public: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Siding:Cedar: Yes
  • Basement Walkout: Yes
  • Heat:Heat Pump3: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Siding:Wood2: Yes
  • Lot Description:Golf Community: Yes
  • Siding:Shingle Shake: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement YN: No
  • Has Basement: Walkout, Crawl Space, Unfinished
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Walk-In Closet(s), Cathedral Ceiling(s)
  • Window Features: Windows - Insulated
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace:Wood Burning: Yes
  • Appliances:Gas Grill: Yes
  • Basement:Unfinished: Yes
  • Fireplace:Stone2: Yes

Exterior Features

  • Exterior Features: Gas Grill
  • Lot Features: Wooded, Golf Community, Irregular Lot
  • Construction Type: Wood Siding, Cedar, Shingle Shake, Block, Frame
  • Patio And Porch Features: Porch - Covered, Patio, Deck
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Cable Available (TV Only): Yes
  • Exterior Features:Windows - Insulated: Yes
  • Construction:Block2: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking, Main Level
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:Main Level: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Sewer: Septic Tank
  • Security: Smoke Detector
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available (TV Only)
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 1100.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Schools

  • Elementary School: Townsend
  • High School: Heritage
  • Middle Or Junior School: Heritage

Lot Info

  • Lot Size Sq Ft: 17424.0
  • Parcel #: 095K C 032.00

Tax Info

  • Tax Annual Amount: 1154.34
  • Tax Block: A

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,154 $72,600 $12,500 $60,100
2023 $1,154 $72,600 $12,500 $60,100
2022 $1,149 $46,500 $8,750 $37,750
2021 $1,149 $46,500 $8,750 $37,750
2020 $1,149 $46,500 $8,750 $37,750
2019 $1,149 $46,500 $8,750 $37,750
2018 $1,186 $48,000 $9,700 $38,300
2017 $1,186 $48,000 $9,700 $38,300
2016 $1,186 $48,000 $9,700 $38,300
2015 $1,032 $48,000 $9,700 $38,300
2014 $1,070 $48,000 $9,700 $38,300
2013 $1,070 $49,750 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Price Changed $449,900 -4.3% $359 / Sq Ft
11/10/2024 11/10/24 Price Changed $469,900 -5.1% $375 / Sq Ft
09/15/2024 09/15/24 For Sale $495,000 +35.4% $395 / Sq Ft
07/16/2021 07/16/21 Sold $365,500 -- $291 / Sq Ft
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Deed $214,000 --
Deed $214,000 --
Deed -- --
Deed $149,990 --
Deed $25,000 --
Deed $25,000 --
Deed $6,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $144,000 Commercial
Source: Public Records

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Source: East Tennessee REALTORS® MLS

MLS Number: 1276564

East Tennessee REALTORS® MLS

APN: 095K-C-032.00