NOT LISTED FOR SALE

248 Cobblestone Dr Townsend, TN 37882

Estimated Value: $615,000 - $827,000

3 Beds
2.5 Baths
1,980 Sq Ft
$366/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $697,500 $352 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,044/month

197 Days on Market

Highlights

  • Mountain View
  • Wooded Lot
  • Main Floor Primary Bedroom
  • Deck
  • Wood Flooring
  • 1 Fireplace

About This Home

As of May 2024

PRIVACY, LOCATION, AND MOUNTAIN VIEWS! Welcome to 248 Cobblestone Drive, a charming 3 BR home (with a 4th flex room) nestled in the heart of Townsend offering incredible mountain views from many vantage points including all bedrooms, screen porch and the yard. This beauty is sitting on nearly an acre, and only minutes from the breathtaking Great Smoky Mountains. Perfect as permanent home or weekend getaway, it's also a moneymaker if used for overnight/short term rental. The current owner has been very selective and not rented it often (by choice), therefore it is in stellar condition! When rented, the property rents for $449 weeknights and $549 weekends and holidays. However, as stated the current owner has chosen to not rent very often so you can be assured its in pristine condition. Absolutely move in ready and furniture will convey. This beautiful property offers a serene and private setting while being conveniently located close to all the amenities that Townsend has to offer. As you enter, you are immediately greeted by the warmth and beauty of the rich wood throughout the floors, walls, and ceilings. The family room and kitchen provide a very open space perfect for gathering with loved ones or entertaining guests. Imagine spending evenings curled up by the fireplace, surrounded by the natural beauty of your surroundings. With three spacious bedrooms and each with a mountain view (with the possibility of a 4th) and two and a half baths, there is plenty of room for everyone to find their own sanctuary within this home. There is an additional room on the second level which could easily serve as an office or another bedroom. The primary ensuite offers a private oasis, providing a tranquil space to unwind after a long day of exploring all that East Tennessee has to offer. One of the true gems of this property is the incredible mountain views that can be enjoyed from the comfort of your own screen porch.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,681

Year Built

  • Built in 2002

Lot Details

  • 0.91 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Log Cabin
  • Stone Siding
  • Log Siding

Interior Spaces

  • 1,980 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Wood Flooring
  • Mountain Views
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Cable TV Available

Community Details

  • Stonegate Subdivision

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 107C A 03400 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,681

Year Built

Built in 2002

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • Year Built: 2002
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: EXIST
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor, Kitchen Island
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1980
  • Building Area Units: Square Feet
  • Living Area: 1980
  • Living Area Units: Square Feet

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump, Propane, Other
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Utilities: Cable Connected

Condo/Co-op/Association

  • Association Fee: 457
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Features: Wooded, Rolling Slope
  • Lot Size Acres: 0.91
  • Lot Size Units: Acres
  • Parcel #: 107C A 03400 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1681
  • Tax Lot: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2023
Closed on
May 24, 2024
Sold by
Henry Ingram Ralph and Cannaday Jane
Bought by
Peaceful Side Cabin Llc
List Price
$879,000
Sold Price
$697,500
Premium/Discount to List
-$181,500
-20.65%
Views
2426
Current Estimated Value
$724,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,233
Avg. Annual Appreciation
2.32%
Original Mortgage
$487,500
Outstanding Balance
$480,946
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$243,787

Purchase Details

Closed on
May 5, 2022
Sold by
Highland Properties
Bought by
Highland Honey Properties Llc

Purchase Details

Closed on
Nov 18, 2021
Sold by
Schultz Randall L
Bought by
Smith Sharon Lockett

Purchase Details

Closed on
Sep 17, 2021
Sold by
Albright Priscilla A
Bought by
Schultz Randall L and Schultz Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2002
Sold by
Cook Gordon
Bought by
Albright Priscilla

Purchase Details

Closed on
Aug 5, 1998
Bought by
Cook Gordon H and Cook Dorothy C
Source: Public Records
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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
Peaceful Side Cabin Llc -- None Listed On Document
Peaceful Side Cabin Llc -- None Listed On Document
Ingram Ralph Henry $697,500 Admiral Title
Highland Honey Properties Llc -- New Title Company Name
Smith Sharon Lockett $650,000 --
Schultz Randall L $325,000 --
Albright Priscilla $49,000 --
Cook Gordon H $49,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ingram Ralph Henry $487,500
Previous Owner Schultz Randall L $276,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2024 05/24/24 Sold $697,500 -20.6% $352 / Sq Ft
04/07/2024 04/07/24 Pending -- -- --
09/23/2023 09/23/23 For Sale $879,000 -- $444 / 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
2025 $3,038 $191,080 $28,000 $163,080
2024 $1,815 $114,175 $17,500 $96,675
2023 $1,815 $114,175 $17,500 $96,675
2022 $1,681 $68,075 $16,500 $51,575
2021 $1,681 $68,075 $16,500 $51,575
2020 $1,681 $68,075 $16,500 $51,575
2019 $1,681 $68,075 $16,500 $51,575
2018 $1,611 $65,225 $16,500 $48,725
2017 $1,611 $65,225 $16,500 $48,725
2016 $1,611 $65,225 $16,500 $48,725
2015 $1,402 $65,225 $16,500 $48,725
2014 $1,531 $65,225 $16,500 $48,725
2013 $1,531 $71,225 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2874676

Realtracs

APN: 107C-A-034.00