NOT LISTED FOR SALE

235 Bishops Cap Cir Unit 206 Townsend, TN 37882

Estimated Value: $381,000 - $582,000

2 Beds
2 Baths
1,099 Sq Ft
$415/Sq Ft Est. Value

Last Sold March 14, 2024

Last sale price $397,400 $362 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,750/month

4 Days on Market

Highlights

  • 1.78 Acre Lot
  • Deck
  • Community Pool
  • Clubhouse
  • Traditional Architecture
  • Cooling Available

About This Home

As of March 2024

Here is your opportunity to own your own Smoky Mountain Getaway located in the HIGHLY sought after GATED community of Cades Cove Reserve. This IMMACULATE FULLY FURNISHED condo located in the PEACEFUL SIDE OF THE SMOKIES is the END unit and on the 2nd floor backing up to woods for privacy! With 2 Bedrooms and 2 Baths, this Condo has ALL the upgrades! Upgrades & Custom Finishes to include: Living Rm (Lots of Natural Light, Vaulted Ceiling, Ceiling Fan, Stone Fireplace), Kitchen (Granite Countertops, Tile Backsplash, Custom Cabinetry, Stnls Appliances-all stay!, Pantry, Eat-In Dining), Primary Bedroom Ensuite (Huge Walk-In Closet, Crown Molding, Oversized Vanity, Custom Tile Shower w/ Glass Door, Lighted Mirror, Crown Molding), 2nd Bedroom Ensuite (Ceiling Fan, Crown Molding, Tub/Shwr Combo, Custom Vanity), Washer/Dryer, and Private Covered Patio. This could be your primary residence, your vacation mountain home, your AIRBNB for additional income, or a long term rental- the possibilities are endless! Projected AIRBNB is roughly $48-$50k/year. Access to all community amenities is included in the LOW monthly HOA. These community amenities allow for a comfortable and fun getaway: Saltwater heated swimming pool, Outdoor seating around a fire pit overlooking the Little River, clubhouse w/ outdoor fireplace, Cooking grills, Exercise room, and Huge covered porch w/ rocking chairs. Right outside the community are walking and biking trails and a short drive to the GSMNP, the Little River, Restaurants, Shopping, Breweries, Coffee Shops, Pigeon Forge, Gatlinburg, Maryville, and the Knoxville Airport. You MUST see this one today!

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $781

Year Built

  • Built in 2020

Lot Details

  • 1.78 Acre Lot
  • Level Lot

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Property Attached
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 1,099 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Electric Fireplace
  • Vinyl Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 096J B 02100 000

Community Details

Overview

  • Association fees include pest control, insurance, trash, sewer
  • Cades Cove Reserve Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$781

Year Built

Built in 2020

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Other Condo
  • Architectural Style: Traditional
  • Year Built: 2020
  • Unit Levels: One
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Oven, Washer
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Vinyl
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Above Grade Finished Sq Ft: 1099
  • Building Area Units: Square Feet
  • Living Area: 1099
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Stone, Other, Brick
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Pest Control, Insurance, Trash, Sewer
  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse, Pool
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Green Features

  • Efficiency: Fireplace Insert

Lot Info

  • Lot Features: Zero Lot Line, Level
  • Lot Size Acres: 1.78
  • Lot Size Units: Acres
  • Parcel #: 096J B 02100 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 781

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2024
Sold by
Yowell Carol and Yowell Jay
Bought by
Barnes Bill and Barnes Gloria
Current Estimated Value
$456,436

Purchase Details

Listed on
Feb 14, 2024
Closed on
Apr 4, 2024
Sold by
Farmer John C and Farmer Selena S
Bought by
Ann Christopher Jo
List Price
$399,900
Sold Price
$397,400
Premium/Discount to List
-$2,500
-0.63%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.02%
Original Mortgage
$218,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 14, 2024
Closed on
Mar 14, 2024
Sold by
Rouleau Eric and Rouleau Priscila
Bought by
Lightcap Gregory A and Lightcap Susan K
List Price
$399,900
Sold Price
$397,400
Premium/Discount to List
-$2,500
-0.63%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2023
Sold by
Gordon Leisa Gwen
Bought by
Radigan Josh and Radigan Elisabeth

Purchase Details

Closed on
Apr 10, 2023
Sold by
Fred P Mcarthur Revocable Living Trust
Bought by
Rouleau Eric and Rouleau Priscila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,400
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2022
Sold by
Mcarthur Fred P
Bought by
Fred P Mcarthur Revocable Living Trust

Purchase Details

Closed on
Jun 17, 2022
Sold by
Calvert and Sherry
Bought by
Blodgett Kylie Sharon and Blodgett Benjamin Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 3, 2022
Closed on
May 9, 2022
Sold by
Diminico and Kiersten
Bought by
Brown Delbert G and Brown Vickie L
List Price
$372,000
Sold Price
$372,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$185,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 3, 2022
Closed on
May 5, 2022
Sold by
Gary J Kathleen G Brock Family Trust
Bought by
Pkck Properties Llc
List Price
$372,000
Sold Price
$372,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 3, 2022
Closed on
May 4, 2022
Sold by
Steven Sharpe Jr Larry and Steven April
Bought by
Southern Vacation Family Rentals Llc
List Price
$372,000
Sold Price
$372,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2021
Sold by
Cades Cove Reserve Llc
Bought by
Mcarthur Fred P and Mcarthur Wanda J

Purchase Details

Closed on
Apr 23, 2021
Sold by
Cades Cove Reserve Llc
Bought by
Spezia Anthony and Spezia Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,920
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2021
Sold by
Cades Cove Reserve Llc
Bought by
Moran Carl L and Moran Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,920
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2021
Sold by
Cades Cove Reserve Llc
Bought by
Depappe Patrik D and Depappe Holly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,920
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2021
Sold by
Cades Cove Reserve Llc
Bought by
Calvert William and Calvert Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,920
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2021
Sold by
Cades Cove Reserve Llc
Bought by
Baker James M and Baker Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,920
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2021
Sold by
Cades Cove Reserve Llc
Bought by
Pappas Jimmy B and Pappas Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,920
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2021
Sold by
Wilson Bruce E and Wilson Rita A
Bought by
Bredel Markus and Bredel Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,920
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2021
Sold by
Cades Cove Reserve Llc
Bought by
Coultrap Mark and Coultrap Terri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,920
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2021
Sold by
Cades Cove Reserve Llc
Bought by
Stober Laurie and Vanhorn Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,920
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2021
Sold by
Cades Cove Reserve Llc
Bought by
Barnes Barry D and Barnes Debbie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2020
Sold by
Cades Cove Reserve Llc
Bought by
Yowell Jay and Yowell Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,910
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2020
Sold by
Cades Cove Reserve Llc
Bought by
Valles Matteo and Valles Jay Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,910
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2020
Sold by
Cades Cove Reserve Llc
Bought by
Promba Properties Llc Series B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Barnes Bill $362,500 Maryville Title
Ann Christopher Jo $375,000 Southeast Title
Lightcap Gregory A $387,500 Conveyance Title
Radigan Josh -- Secure Title
Rouleau Eric -- Southeast Title
Fred P Mcarthur Revocable Living Trust -- --
Blodgett Kylie Sharon $375,000 None Listed On Document
Brown Delbert G $370,000 Foothills Title
Pkck Properties Llc $375,000 Foothills Title
Southern Vacation Family Rentals Llc -- New Title Company Name
Mcarthur Fred P -- None Listed On Document
Spezia Anthony $199,900 --
Moran Carl L -- None Listed On Document
Moran Carl L $179,900 --
Depappe Patrik D -- None Listed On Document
Thompson Richard S $189,900 --
Calvert William $179,900 --
Baker James M $189,900 --
Pappas Jimmy B -- None Listed On Document
Pappas Jimmy B $199,900 --
Bredel Markus $245,000 Concord Title
Bagley Derek L $179,900 --
Coultrap Mark $199,900 None Listed On Document
Stober Laurie $189,900 None Listed On Document
Barnes Barry D $199,900 --
Yowell Jay $189,900 --
Cheshire Garry $179,900 --
Cheshire Garry -- None Listed On Document
Ford Bruce $179,900 --
Valles Matteo $189,900 --
Valles Matteo $189,900 None Listed On Document
Smith Ricky $179,900 --
Smith Ricky -- None Listed On Document
Clegg Wayne Randal -- None Listed On Document
Promba Properties Llc Series B $179,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schofield Todd L $314,100
Previous Owner Ann Christopher Jo $218,000
Previous Owner Rouleau Eric $275,400
Previous Owner Brown Delbert G $185,000
Previous Owner Thompson Richard S $159,920
Previous Owner Bagley Derek L $100,000
Previous Owner Coultrap Mark $100,000
Previous Owner Cheshire Garry $161,910
Previous Owner Smith Ricky $100,000
Previous Owner Valles Matteo $151,920
Previous Owner Delaney Christina $135,920
Previous Owner Promba Properties Llc Series B $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Sold $397,400 -0.6% $362 / Sq Ft
02/18/2024 02/18/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $399,900 +7.5% $364 / Sq Ft
04/15/2022 04/15/22 Sold $372,000 0.0% $338 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $372,000 -- $338 / Sq Ft
Source: Realtracs

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 $1,414 $88,925 $62,500 $26,425
2023 $1,414 $88,925 $62,500 $26,425
2022 $2,065 $83,600 $62,500 $21,100
2021 $1,996 $83,600 $62,500 $21,100
2020 $1,544 $62,500 $62,500 $0
2019 $1,544 $62,500 $62,500 $0
2018 $247 $10,000 $10,000 $0
2017 $247 $10,000 $10,000 $0
2016 $247 $10,000 $10,000 $0
2015 $215 $10,000 $10,000 $0
2014 $215 $10,000 $10,000 $0
2013 $215 $10,000 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2874573

Realtracs

APN: 096J-B-021.00