NOT LISTED FOR SALE

1242 Schoolhouse Gap Rd Townsend, TN 37882

Estimated Value: $798,000 - $1,161,000

5 Beds
4 Baths
5,288 Sq Ft
$195/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $900,000 $170 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,724/month

Highlights

  • View of Trees or Woods
  • Craftsman Architecture
  • Private Lot
  • 5 Acre Lot
  • Deck
  • Recreation Room

About This Home

As of November 2023

Nestled within the picturesque Dry Valley area of Townsend, this exquisite mountain residence offers an array of captivating features. Located on 5 acres adorned with a harmonious blend of woodlands and meadows, this home boasts mountain views during both fall and winter. Situated at the end of a serene private one-lane road, the home offers a tranquility and seclusion. The property graciously accommodates horses, providing ample space for a barn, a possible haven for equestrian enthusiasts.

Water is supplied by both an onsite well and the public utility. Cable and high speed internet access are also available. The main floor (including master bedroom and bath) can be accessed from an upper driveway making it walker/wheelchair accessible.

The Great Smoky Mountains National Park beckons from your doorstep, inviting you to embark on horseback rides or hikes directly from your property. A charming one lane dead end road leads to this unique home. The residence itself showcases a basement apartment complete with two living rooms, a full kitchen, two bedrooms, and two baths. Alternatively, this level can be transformed into two distinct one-bedroom units, each with independent entrances. Additionally, a workshop and spacious garage on this level enhance the home's functional versatility.

The main level, boasting 90% completion, has three bedrooms and two full baths. With ceilings soaring beyond 20 feet, the space emanates grandeur. Expansive front and rear porches frame the landscape, inviting you to savor the panoramic beauty. Ascend to the third floor, an expansive 1,720 square foot bonus room primed for customization and equipped with plumbing for a full bath.

The property is thoughtfully crafted to facilitate a variety of aspirations. A HEPA air filtration system on the lower level ensures an environment of well-being. While sequestered in privacy, you remain conveniently connected to nearby shops, restaurants, and the Knoxville airport. Offering boundless potential, this residence seamlessly transforms into a multi-unit vacation rental or a permanent dwelling supplemented by additional living quarters. The home is offered AS IS, promising a canvas upon which to imprint your vision.

Last Agent to Sell the Property

Harry McIntosh

LeConte Realty, LLC License #306574 Listed on: 07/22/2023

Co-Listed By

Lady Fowler

LeConte Realty, LLC License #365054

Last Buyer's Agent

Debra Allen

CENTURY 21 Legacy License #366239

CENTURY 21 Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,769

Year Built

  • Built in 2007

Lot Details

  • 5 Acre Lot
  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Property Views

  • Woods
  • Mountain
  • Countryside Views
  • Forest
  • Seasonal

Home Design

  • Craftsman Architecture
  • Cabin
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 5,288 Sq Ft Home
  • Living Quarters
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Family Room
  • Formal Dining Room
  • Recreation Room
  • Bonus Room
  • Storage Room
  • Finished Basement
  • Rough in Bedroom

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • Attached Garage
  • Basement Garage

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Heritage Middle School
  • Heritage High School

Utilities

  • Central Heating and Cooling System
  • Space Heater
  • Heating System Uses Propane
  • Heat Pump System
  • Septic Tank
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 118 019.11

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,769

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Directions: GPS will take you to property. From Maryville, follow US-321 N/E Lamar Alexander Pkwy to Old Tuckaleechee Rd 19 min (14.5 mi) Continue on Old Tuckaleechee Rd. Take Old Cades Cove Rd and Cavern Rd to Schoolhouse Gap Rd 9 min (4.3 mi) Turn right onto Old Tuckaleechee Rd 0.6 mi Turn left to stay on Old Tuckaleechee Rd 0.7 mi Slight right onto Old Cades Cove Rd 0.8 mi Turn left onto Dry Valley Rd 0.5 mi Turn left onto Cavern Rd 1.2 mi Turn left onto Schoolhouse Gap Rd 0.6 mi
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2007
  • Lot Size Acres: 5.0
  • Co List Office Mls Id: 2189
  • Co List Office Phone: 865-268-4180
  • Architectural Style: Craftsman, Cabin
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Mountain View: Yes
  • View:Wooded2: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 2448.0
  • General Property Description:SqFt - Down Lvl: 1120.0
  • General Property Description:SqFt - 2nd Flr Lvl: 1720.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Lot Description:Private: Yes
  • Percent Basement Finished: Yes
  • Floors:Tile2: Yes
  • Heat:Heat Pump3: Yes
  • Dining Area:Formal Dining Area: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Siding:Fiber Cement: Yes
  • Style:Craftsman: Yes
  • View:Seasonal Mountain: Yes
  • Heat:Space Heater: Yes
  • Special Features: None

Interior Features

  • Appliances: None
  • Has Basement: Finished
  • Fireplace: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Gas Log
  • Fireplaces: 1
  • Flooring: Hardwood, Tile
  • Fireplace:Gas Log: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Addl Living Quarter: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Appliances:None17: Yes
  • Fireplace:Gas5: Yes
  • Other Rooms:_two_nd Rec Room: Yes
  • Other Rooms:Rough-in-Room: Yes

Exterior Features

  • Exterior Features: Porch - Covered, Deck, Cable Available (TV Only)
  • View: Mountain View, Country Setting, Wooded, Seasonal Mountain
  • Lot Features: Private, Wooded, Rolling Slope
  • Construction Type: Fiber Cement, Block, Frame
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Cable Available (TV Only): Yes
  • Construction:Block2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Basement
  • GarageParking:Attached2: Yes
  • GarageParking:Basement4: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Propane, Space Heater, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 217800.0
  • Parcel #: 118 019.11
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2023
Closed on
Nov 6, 2023
Sold by
Messier Paula L
Bought by
Vonsachsenburg Nigel and Von Sachsenburg Tamara
Seller's Agent
Harry McIntosh
LeConte Realty, LLC
Buyer's Agent
Debra Allen
CENTURY 21 Legacy
List Price
$1,200,000
Sold Price
$900,000
Premium/Discount to List
-$300,000
-25%
Views
272
Current Estimated Value
$1,031,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,023
Avg. Annual Appreciation
8.61%

Purchase Details

Closed on
Jul 28, 1988
Bought by
Messier Charles G and Messier Paula

Purchase Details

Closed on
Sep 29, 1986
Bought by
Taggart Kenneth A and Taggart Gail W
Source: Public Records

Range of Values:

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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
Vonsachsenburg Nigel $900,000 Tallent Title
Messier Charles G $39,000 --
Taggart Kenneth A $41,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Sold $900,000 -10.0% $170 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
08/30/2023 08/30/23 Price Changed $999,900 -9.1% $189 / Sq Ft
08/20/2023 08/20/23 Price Changed $1,100,000 -8.3% $208 / Sq Ft
07/22/2023 07/22/23 For Sale $1,200,000 -- $227 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

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 $2,769 $174,125 $24,825 $149,300
2023 $2,769 $174,125 $24,825 $149,300
2022 $1,920 $77,725 $22,350 $55,375
2021 $1,920 $77,725 $22,350 $55,375
2020 $1,920 $77,725 $22,350 $55,375
2019 $1,920 $77,725 $22,350 $55,375
2018 $1,879 $76,075 $22,350 $53,725
2017 $1,132 $76,075 $22,350 $53,725
2016 $1,132 $45,825 $22,350 $23,475
2015 $985 $45,825 $22,350 $23,475
2014 $1,215 $45,825 $22,350 $23,475
2013 $1,215 $56,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1234095

East Tennessee REALTORS® MLS

APN: 118-019.11