NOT LISTED FOR SALE

1443 School House Gap Rd Townsend, TN 37882

Townsend Area

Estimated Value: $429,000 - $912,214

40 Acres
$19,445 Price per Acre
1,742,400 Sq Ft Lot

Sale Details

Date Sold: May 12, 2023

Last sale price $820,000

Est. 5% decrease in value since last sale

Current estimated payment $4,294 / mo

Highlights

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

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.

Last Agent to Sell the Property

Jerry Sandifer

Exit Tennessee Realty Pros License #302363 Listed on: 03/09/2023

Last Buyer's Agent

Jerry Sandifer

Exit Tennessee Realty Pros License #302363 Listed on: 03/09/2023

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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $412

Lot Details

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

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$412

Lot Details

40 Acres

Listing Details

  • Prop. Type: Land
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Surface Type: Gravel
  • Topography: Sloped,Rolling Slope,Wooded
  • View: No
  • Waterfront: No

Utilities

  • Sewer: Other
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R-2
  • Current Use: Unimproved
  • Lot Features: Sloped, Rolling Slope, Wooded
  • Lot Size Acres: 40
  • Lot Size Units: Acres
  • Property Attached Yn: No

Tax Info

  • Tax Annual Amount: 412
  • Tax Lot: .

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
Mar 9, 2023
Closed on
May 12, 2023
Sold by
Bought by
Seller's Agent
Jerry Sandifer
Exit Tennessee Realty Pros
Buyer's Agent
Jerry Sandifer
Exit Tennessee Realty Pros
List Price
$999,900
Sold Price
$820,000
Premium/Discount to List
-$179,900
-17.99%
Current Estimated Value
$777,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,196
Avg. Annual Appreciation
-1.59%

Purchase Details

Closed on
Apr 20, 1973
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$815,000 None Listed On Document
-- --
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
05/12/2023 05/12/23 Sold $820,000 -18.0% --
03/09/2023 03/09/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $999,900 -- --
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 $321 $20,175 $18,500 $1,675
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

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Map

Source: Realtracs

MLS Number: RTC3284193

Realtracs

APN: 118-021.00

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