NOT LISTED FOR SALE

1443 School House Gap Rd Townsend, TN 37882

Estimated Value: $231,000 - $889,170

40 Acres
$16,376 Price per Acre
1,742,400 Sq Ft Lot

Last Sold May 12, 2023

Last sale price $820,000

Est. 20% decrease in value since last sale

Current estimated payment $3,486/month

157 Days on Market

Highlights

  • 40 Acre Lot
  • Wooded Lot
  • Lot Has A Rolling Slope
  • Mountainous Lot
  • No HOA

About This Lot

As of May 2023

Create your very own mountain ranch in the Great Smoky Mountains area in Townsend, TN. With 40+/- acres of stunning mountain landscapes, this tract is most certainly going to leave you captivated and your head in the clouds dreaming about how you will develop this acreage into your very own remote homestead. Please Note: We definitely recommend a survey since this acreage is only estimated and we do not currently have a survey on file. As you enter the property through the electronic gate, you will see a driveway on the left that leads down to a rustic mountain cabin built in the 1900s. Seeing this cabin in all its rustic beauty takes one back to days gone by when life was unencumbered with deadlines, text messages, and being on task 24/7/365. A present reminder of life in the days of old leaves one in dreamland again about the unlimited possibilities this unrestricted tract offers. The area around the cabin once served as a garden area for the residents. Being able to live off the land and get back to the basics can be part of your reality if you desire. The cabin can be left in place, moved, or torn down. The value is in the land. No value has been given to the cabin in the pricing of this tract - just the land. There is a small piece of this tract that joins in with the Great Smoky Mountains National Park. You might even see horseback riders along the way making their way through to the mountain trails. The tract offers beautiful mountain views as well as wooded sections that remind one that heaven on earth is here in the mountains. If you desire a neighborhood filled with wildlife: deer, bears, wild turkey, and various other forms of creatures, this pristine tract is for you. Buyers: Please Note: You must be accompanied by a licensed real estate agent to gain access to this land. There is a gate in place and there is nowhere to turn around once you make it to the gate. There is a turnaround above the gate. For your safety, please do not GPS to this area. You do not want to have to back down the mountainside. Additionally, buyers need to be aware that there is an easement that is used by hikers and horse outfitters to gain access to the Great Smoky Mountains National Park trails via this tract of land. Final Note: No value given for cabin on property. A water cistern and outhouse are in place on this property. Both have not been evaluated and both should be considered nonfunctional. Buyer(s) to verify all information during due diligence period. ***Please Note: Several of the pictures are drone pictures. The views looking back into the Great Smoky Mountains National Park as well as the views looking down from the ridge top are all drone shots.

Last Agent to Sell the Property

Jerry Sandifer

Exit Tennessee Realty Pros,LLC License #302363 Listed on: 09/27/2022

Co-Listed By

Carolyn Schofield

Exit Tennessee Realty Pros,LLC License #287109

Last Buyer's Agent

Jerry Sandifer

Exit Tennessee Realty Pros,LLC License #302363 Listed on: 09/27/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $412

Lot Details

  • 40 Acre Lot
  • Lot Has A Rolling Slope
  • Mountainous Lot
  • Wooded Lot
  • Property is zoned R-2

Utilities

  • Water Not Available
  • Septic Needed
  • Septic Permit Required

Community Details

Overview

  • No Home Owners Association

Recreation

  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$412

Lot Details

0

Listing Details

  • Property Type: Land
  • Zoning: R-2
  • CoListOfficeEmail: tnrealtypros@gmail.com
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Gentle Sloping, Mountainous, Rolling Slope, Sloped, Wooded
  • Road Surface Type: Gravel
  • Co List Office Mls Id: 504
  • Co List Office Mls Id: 504
  • Subdivision Name: Other
  • Reso Other Structures: Outbuilding
  • Location Tax and Legal Tax Lot2: .
  • Location Tax and Legal:Tax Annual Amount: 411.87
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Lot Size Acres: 40.0
  • Sewer Septic Needed: Yes
  • Road Surface Type Gravel2: Yes
  • Other Structures:Outbuilding: Yes
  • Utilities Water Not Available: Yes
  • Lot Features Mountainous: Yes
  • Septic ApprovedPermit None24: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 1443
  • Possible Use: Farm, Manufactured Home, Multi-Family, Single Family

Exterior Features

  • Acres: 40.0
  • Lot Features:Sloped: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Gentle Sloping: Yes

Utilities

  • Sewer: Septic Needed
  • Utilities: Water Not Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 1742400.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 411.87
  • Tax Lot: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
May 12, 2023
Sold by
Mcclanahan Alice Marie
Bought by
Mclane Bradford T and Steiner Amy
Seller's Agent
Jerry Sandifer
Exit Tennessee Realty Pros,LLC
Buyer's Agent
Jerry Sandifer
Exit Tennessee Realty Pros,LLC
List Price
$999,900
Sold Price
$820,000
Premium/Discount to List
-$179,900
-17.99%
Views
87
Current Estimated Value
$655,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$164,957
Avg. Annual Appreciation
-9.08%

Purchase Details

Closed on
Apr 20, 1973
Bought by
Mcclanahan Bill G and Alice Marie
Source: Public Records

Range of Values:

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Average Value
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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
Mclane Bradford T $815,000 None Listed On Document
Mcclanahan Bill G -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Off Market $820,000 -- --
05/12/2023 05/12/23 Sold $820,000 -18.0% --
03/10/2023 03/10/23 Pending -- -- --
10/03/2022 10/03/22 For Sale $999,900 -- --
Source: Great Smoky Mountains Association of REALTORS®

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 $321 $20,175 $18,500 $1,675
2023 $333 $20,175 $18,500 $1,675
2022 $412 $16,675 $15,725 $950
2021 $412 $16,675 $15,725 $950
2020 $412 $16,675 $15,725 $950
2019 $412 $16,675 $15,725 $950
2018 $358 $14,500 $13,900 $600
2017 $358 $14,500 $13,900 $600
2016 $358 $14,500 $13,900 $600
2015 $312 $14,500 $13,900 $600
2014 $291 $14,500 $13,900 $600
2013 $291 $13,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 254236

Great Smoky Mountains Association of REALTORS®

APN: 118-021.00