NOT LISTED FOR SALE

120 Cutter Gap Rd Townsend, TN 37882

Townsend Area

Estimated Value: $531,000 - $585,978

1 Bed
2 Baths
1,744 Sq Ft
$317/Sq Ft Est. Value

Sale Details

Date Sold: February 14, 2022

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

Est. 12% increase in value since last sale

Current estimated payment $3,233 / mo

Highlights

  • Mountain View
  • Wooded Lot
  • Security Gate
  • Clubhouse
  • Community Pool
  • Central Heating and Cooling System

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 Brokerage Phone: 8652066644 License #353195 Listed on: 01/06/2022

Mountain Home Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,202

Year Built

  • Built in 1999

Lot Details

  • 16,988 Sq Ft Lot
  • Wooded Lot

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 1,744 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Wood Burning Fireplace
  • Mountain Views
  • Finished Basement
  • Exterior Basement Entry
  • Security Gate

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Well

Listing and Financial Details

  • Tax Lot 5/A
  • Assessor Parcel Number 095K C 03000 000

Community Details

Overview

  • Laurel Valley Golf Course Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,202

Year Built

Built in 1999

Lot Details

0.39 Acres

HOA Fees

$63 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 1999
  • Unit Levels: Three Or More
  • New Construction: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 1
  • Full Bathrooms: 2
  • Has Basement: Finished, Exterior Entry, Walk-Out Access
  • Building Area Units: Square Feet
  • Living Area: 1744
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Wood Siding
  • Pool Private: No
  • Topography: Wooded
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Paved

Utilities

  • Sewer: Other
  • Water Source: Well
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: Security Gate
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Amenities: Clubhouse, Pool
  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Features: Wooded
  • Lot Size Acres: 0.39
  • Lot Size: 73 X 200.21 IRR
  • Lot Size Units: Acres
  • Parcel #: 095K C 03000 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1202
  • Tax Lot: 5/A

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
Jan 6, 2022
Closed on
Feb 11, 2022
Sold by
Bought by
Seller's Agent
Stella Parton
Mountain Home Realty
List Price
$495,000
Sold Price
$494,000
Premium/Discount to List
-$1,000
-0.2%
Current Estimated Value
$552,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,245
Avg. Annual Appreciation
2.57%
Original Mortgage
$388,800
Interest Rate
0.0356%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 19, 2021
Sold by
Bought by
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
0.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 9, 2020
Closed on
Feb 6, 2020
Sold by
Bought by
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
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
$120,000
Interest Rate
0.0414%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 7, 2012
Closed on
Dec 27, 2012
Sold by
Bought by
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
9.09%

Purchase Details

Closed on
May 24, 2006
Sold by
Bought by

Purchase Details

Closed on
May 4, 2001
Bought by

Purchase Details

Closed on
Nov 27, 1985
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$494,000 None Listed On Document
$365,000 --
$225,000 --
$155,000 --
$170,000 --
$179,900 --
$125,000 --
$1,500 --
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 $388,800
Previous Owner $346,750
Previous Owner $120,000
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 Prior Sale
02/14/2022 02/14/22 Sold $494,000 -0.2% $283 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $495,000 +35.6% $284 / 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: 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 $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: Realtracs

MLS Number: 3268041

Realtracs

APN: 095K-C-030.00

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