NOT LISTED FOR SALE

120 Cutter Gap Rd Townsend, TN 37882

Estimated Value: $437,000 - $645,000

1 Bed
2 Baths
1,744 Sq Ft
$318/Sq Ft Est. Value

Last Sold February 14, 2022

Last sale price $494,000 $283 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,135/month

Highlights

  • Private Pool
  • Mountain View
  • Clubhouse
  • Gated Community
  • Chalet
  • Wooded Lot

About This Home

As of February 2022

This gorgeous investment property boasts of 1744sqft with year long mountain views. BONUS ROOM! Open concept living room/dining for entertaining. Large master suite on the main floor. Stainless steel appliances in the kitchen. The entire down stairs has been turned into its own suite with a seperate entrance. Down stairs is open concept with a miniture kitchenette and a owners closet. This is a turn key investment property with projections between $50k-$60K Gross Yearly.

Last Agent to Sell the Property

Stella Parton

Mountain Home Realty License #353195 Listed on: 01/06/2022

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM License #105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,202

Year Built

  • Built in 1999

Lot Details

  • Wooded Lot

HOA Fees

  • $63 Monthly HOA Fees

Home Design

  • Chalet
  • Cabin
  • Wood Siding

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Bonus Room
  • Mountain Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Private Pool
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Permit Issued

Listing and Financial Details

  • Tax Lot 5/A
  • Assessor Parcel Number 095K C 030.00 000

Community Details

Overview

  • Laurel Valley Association
  • Laurel Valley Golf Course Subdivision

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,202

Year Built

Built in 1999

Lot Details

0.38 Acres

HOA Fees

$63 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Wooded
  • ResoPoolFeatures: Private
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Gated Community
  • Reso Association Amenities: Clubhouse, Pool, Other
  • Subdivision Name: Laurel Valley Golf Course
  • Above Grade Finished Sq Ft: 884.0
  • Architectural Style: Cabin, Chalet
  • Fireplace: Yes
  • Garage Yn: No
  • Location Tax and Legal Parcel Number2: 095K C 030.00 000
  • Location Tax and Legal Tax Lot2: 5/A
  • Location Tax and Legal:Tax Annual Amount: 1202.27
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Above Grade Finished Area: 884.0
  • General Property Information Below Grade Finished Area: 860.0
  • General Property Information Bonus Room YN2: Yes
  • 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
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features Private4: Yes
  • Land Features View Mountains: Yes
  • Architectural Style Chalet: Yes
  • Sewer Septic Permit On File: Yes
  • Water Source:Well: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Exterior Entry, Finished, Walk-Out Access
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s)
  • Street Number Modifier: 120
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Below Grade Sq Ft: 860.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Community Features:Clubhouse: Yes
  • Interior Features:Ceiling Fans: Yes
  • Basement Finished: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Exterior Entry: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Security Features:Gated Community: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features:Rain Gutters: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Wooded: 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
  • Sewer: Septic Permit On File
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 750.0
  • Association Fee Frequency: Annually
  • Association Name: Laurel Valley
  • Association: Yes

Association/Amenities

  • Association Amenities:Clubhouse2: Yes

Lot Info

  • Parcel #: 095K C 030.00 000

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1202.27
  • Tax Lot: 5/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2022
Closed on
Feb 11, 2022
Sold by
Cabrera Garcia Raquel and Cabrera Esteban
Bought by
Uhl James William and Uhl Nora
Seller's Agent
Stella Parton
Mountain Home Realty
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
Sold Price
$494,000
Current Estimated Value
$557,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,712
Avg. Annual Appreciation
2.88%
Original Mortgage
$388,800
Outstanding Balance
$360,386
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$194,221

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 19, 2021
Sold by
Krucat Cabins Llc
Bought by
Garcia Raquel Cabrera and Cabrera Esteban
Seller's Agent
Nancy Hodge
Carter Chase Realty, LLC
Buyer's Agent
Danielle Henderson
Tennessee Mountain Real Estate
Sold Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.64%
Original Mortgage
$346,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 9, 2020
Closed on
Feb 6, 2020
Sold by
Pickett Adam B
Bought by
Krucat Cabins Llc
Seller's Agent
Chad Rochelle
Parkside Realty Services
Buyer's Agent
Nancy Hodge
LeConte Realty, LLC
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.66%

Purchase Details

Closed on
Apr 27, 2017
Sold by
Mcneilly Larry D
Bought by
Pickett Adam B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 7, 2012
Closed on
Dec 27, 2012
Sold by
Hardesty Gary H Pamela D
Bought by
Mcneilly Beverly P and Mcneilly Larry D
Seller's Agent
Nancy Hodge
Parkside Realty Services
Buyer's Agent
Jay Blevins
Realty Executives Associates
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%

Purchase Details

Closed on
May 24, 2006
Sold by
Bone Robert M
Bought by
Hardesty Gary H

Purchase Details

Closed on
May 4, 2001
Bought by
Bone Robert M

Purchase Details

Closed on
Nov 27, 1985
Bought by
Thomas Gordon and Thomas Daisy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Uhl James William $494,000 None Listed On Document
Garcia Raquel Cabrera $365,000 --
Krucat Cabins Llc $225,000 --
Pickett Adam B $155,000 --
Mcneilly Beverly P $170,000 --
Hardesty Gary H $179,900 --
Bone Robert M $125,000 --
Thomas Gordon $1,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uhl James William $388,800
Previous Owner Garcia Raquel Cabrera $346,750
Previous Owner Pickett Adam B $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2022 05/15/22 Off Market $494,000 -- --
02/14/2022 02/14/22 Sold $494,000 +35.3% $283 / Sq Ft
04/20/2021 04/20/21 Sold $365,000 +62.2% $209 / Sq Ft View Prior Sale
02/06/2020 02/06/20 Sold $225,000 +32.4% $129 / Sq Ft View Prior Sale
12/27/2012 12/27/12 Sold $170,000 -- $198 / Sq Ft View Prior Sale
Source: Great Smoky Mountains Association of REALTORS®

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
2025 $2,035 $128,000 $20,000 $108,000
2024 $1,272 $80,000 $12,500 $67,500
2023 $1,272 $80,000 $12,500 $67,500
2022 $1,202 $48,675 $8,750 $39,925
2021 $1,202 $48,675 $8,750 $39,925
2020 $994 $48,675 $8,750 $39,925
2019 $994 $40,250 $8,750 $31,500
2018 $1,084 $43,900 $10,000 $33,900
2017 $1,084 $43,900 $10,000 $33,900
2016 $1,084 $43,900 $10,000 $33,900
2015 $944 $43,900 $10,000 $33,900
2014 $968 $43,900 $10,000 $33,900
2013 $968 $45,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 246770

Great Smoky Mountains Association of REALTORS®

APN: 095K-C-030.00

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