116 Cave Creek Way Townsend, TN 37882
Estimated payment $7,938/month
Total Views
14,288
7
Beds
7
Baths
3,600
Sq Ft
$386
Price per Sq Ft
Highlights
- Spa
- 5.06 Acre Lot
- Wooded Lot
- View of Trees or Woods
- Deck
- Wood Flooring
About This Home
Seller will carry a note on the property with 65% down at 6% interest with a balloon payment due at the end of 2 years. This private 5 acre estate features 3 separate cabins on one tax lot! Five total acres with a creek that runs by 2 of the Cabins. If you ever wanted your own private compound, here it is. Located just 5 min from Wears Valley and 10 min to Townsend, this wonderful one of a kind property is truly amazing! The 1st cabin, Black Bear Mountain features 4 bedrms, 4 baths. The 2nd cabin, Black Bear Creek, is a 2 bedrm, 2 bath cabin and the 3rd cabin, Black Bear Cave, is a 1 bedrm and 1 bath that is secluded, private and sits next to the creek. Only 20 min to Pigeon Forge and stop #3 on the Parkway. All cabins feature Hot Tubs & private views. Both 2020 & 2021 gross income were over $200K The 5 acres also includes a large Barn and shed. All 3 cabins have 4 year old HVACs. Seller just spent $30,000 on the well! One of a kind estate! Call for details!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,136
Year Built
- Built in 2000
Lot Details
- 5.06 Acre Lot
- Corner Lot
- Irregular Lot
- Wooded Lot
Parking
- Off-Street Parking
Property Views
- Woods
- Mountain
- Forest
Home Design
- Log Cabin
- Frame Construction
- Log Siding
Interior Spaces
- 3,600 Sq Ft Home
- Ceiling Fan
- 3 Fireplaces
- Wood Burning Fireplace
- Brick Fireplace
- Vinyl Clad Windows
- Bonus Room
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Self-Cleaning Oven
- Range
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Walk-In Closet
- 7 Full Bathrooms
- Walk-in Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Spa
- Deck
- Covered patio or porch
Utilities
- Zoned Heating and Cooling System
- Heat Pump System
- Private Water Source
- Well
- Septic Tank
Community Details
- No Home Owners Association
- Black Bear Hollow Subdivision
Listing and Financial Details
- Assessor Parcel Number 086 004.07
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,136 | $197,250 | $24,950 | $172,300 |
| 2023 | $3,136 | $197,250 | $24,950 | $172,300 |
| 2022 | $2,989 | $121,000 | $12,050 | $108,950 |
| 2021 | $2,989 | $121,000 | $12,050 | $108,950 |
| 2020 | $2,989 | $121,000 | $12,050 | $108,950 |
| 2019 | $2,989 | $121,000 | $12,050 | $108,950 |
| 2018 | $2,863 | $115,900 | $12,050 | $103,850 |
| 2017 | $2,863 | $115,900 | $12,050 | $103,850 |
| 2016 | $2,863 | $115,900 | $12,050 | $103,850 |
| 2015 | $2,492 | $115,900 | $12,050 | $103,850 |
| 2014 | $2,527 | $115,900 | $12,050 | $103,850 |
| 2013 | $2,527 | $117,525 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2024 09/09/24 | For Sale | $1,390,000 | +17.8% | $386 / Sq Ft |
| 08/31/2021 08/31/21 | Off Market | $1,180,000 | -- | -- |
| 06/02/2021 06/02/21 | Sold | $1,180,000 | -9.2% | $330 / Sq Ft |
| 04/06/2021 04/06/21 | Pending | -- | -- | -- |
| 04/02/2021 04/02/21 | For Sale | $1,300,000 | +10.2% | $363 / Sq Ft |
| 04/01/2021 04/01/21 | Off Market | $1,180,000 | -- | -- |
| 03/29/2021 03/29/21 | For Sale | $1,300,000 | -- | $363 / Sq Ft |
Source: East Tennessee REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,180,000 | -- | |
| Warranty Deed | $438,500 | -- | |
| Deed | $247,500 | -- | |
| Deed | $54,900 | -- | |
| Deed | $25,000 | -- | |
| Warranty Deed | $69,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $944,000 | New Conventional | |
| Previous Owner | $348,500 | Commercial | |
| Previous Owner | $27,450 | No Value Available |
Source: Public Records
Similar Homes in Townsend, TN
Source: East Tennessee REALTORS® MLS
MLS Number: 1275901
APN: 086-004.07
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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