NOT LISTED FOR SALE

243 Bishop Cap Cir Townsend, TN 37882

Estimated Value: $585,000 - $815,000

3 Beds
2.5 Baths
2,375 Sq Ft
$280/Sq Ft Est. Value

Last Sold June 13, 2024

Last sale price $635,000 $267 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,877/month

137 Days on Market

Highlights

  • Clubhouse
  • Separate Formal Living Room
  • Cooling Available
  • 1 Fireplace
  • Community Pool
  • Views

About This Home

As of June 2024

Looking for a mountain home close to the Great Smoky Mountains National Park but without the hassles of constant exterior maintenance, smelly well water, septic system issues, slippery mountain roads, and climbing stairs everyday? Then look no further! This custom, craftsman style, one level home in the highly desirable gated community of Cades Cove Reserve is the retreat you have been looking for. The home is situated on 3 lots and is being offered by the original owners. You'll love the extra large Great Room, vaulted ceilings with timber beams, stacked stone fp with gas logs, gleaming hardwood floors, 42 inch kitchen cabinets, stainless appliances, custom tile work, and granite tops which are just what you'd expect from a luxurious mountain home! Additional features include: custom built front doors, solid wood interior doors, freshly painted Hardie plank lap siding, alarm system, floored attic for storage, energy efficient windows that tilt in for cleaning, irrigation system, professional landscaping, EV charging station & RV plug. 80 gallon propane tank services the gas logs. Washer & Dryer stay. Community amenities include a well appointed clubhouse with stacked stone fp, fitness room, outdoor fire pit and swimming pool, perfect for hosting large or intimate gatherings with family and friends, all while taking in the magnificent mountain views! HOA fees cover mowing, garbage service, and all amenities. Minutes from Cades Cove and the Great Smoky Mountains National Park. Restaurants, shopping, world class fishing and hiking, biking trails, and more outdoor recreation are right outside your door. This immaculate, one owner home is an ideal permanent or vacation home, or investment property and can be moved into or rented immediately.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,084

Year Built

  • Built in 2014

Lot Details

  • 0.79 Acre Lot
  • Level Lot

HOA Fees

  • $191 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • 2,375 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Separate Formal Living Room
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Townsend Elementary School
  • Heritage Middle School
  • Heritage High School

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 17R
  • Assessor Parcel Number 096J B 01900 000

Community Details

Overview

  • Association fees include exterior maintenance, trash, ground maintenance
  • Cades Cove Reserve Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,084

Year Built

Built in 2014

Lot Details

0

HOA Fees

$191 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Year Built: 2014
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • Attribution Contact: 8656612338
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Oven, Washer
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 2375
  • Building Area Units: Square Feet
  • Living Area: 2375
  • Living Area Units: Square Feet
  • Other Equipment: Irrigation Equipment

Exterior Features

  • Construction Type: Fiber Cement, Stone, Other, Brick
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Trash, Maintenance Grounds
  • Association Fee: 191
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse, Pool, Gated
  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.79
  • Lot Size Units: Acres
  • Parcel #: 096J B 01900 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2084
  • Tax Lot: 17R

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2023
Closed on
Jun 13, 2024
Sold by
Walker Philip C and Walker Patricia A
Bought by
Adkins Tod A and Adkins Sharon P
List Price
$724,900
Sold Price
$635,000
Premium/Discount to List
-$89,900
-12.4%
Views
1930
Current Estimated Value
$664,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,441
Avg. Annual Appreciation
-1.27%
Original Mortgage
$317,500
Outstanding Balance
$314,141
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$310,647

Purchase Details

Closed on
Dec 1, 2014
Sold by
Townsend Partners Llc
Bought by
Walker Philip C and Walker Patricia A
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
Adkins Tod A $635,000 Maryville Title
Walker Philip C $328,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adkins Tod A $317,500
Previous Owner Walker Philip C $470,000
Previous Owner Cades Cove Reserve Llc $1,360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $635,000 -12.4% $267 / Sq Ft
05/11/2024 05/11/24 Pending -- -- --
12/26/2023 12/26/23 For Sale $724,900 -- $305 / 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 $2,127 $133,775 $12,000 $121,775
2023 $2,127 $133,775 $12,000 $121,775
2022 $2,045 $82,775 $12,000 $70,775
2021 $2,045 $82,775 $12,000 $70,775
2020 $1,995 $80,775 $10,000 $70,775
2019 $1,995 $80,775 $10,000 $70,775
2018 $2,027 $82,050 $10,000 $72,050
2017 $2,027 $82,050 $10,000 $72,050
2016 $2,027 $82,050 $10,000 $72,050
2015 $1,764 $82,050 $10,000 $72,050
2014 $215 $82,050 $10,000 $72,050
2013 $215 $10,000 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2874624

Realtracs

APN: 096J-B-019.00