NOT LISTED FOR SALE

278 Laurel Rd Townsend, TN 37882

Estimated Value: $647,000 - $764,000

1 Bed
2 Baths
1,594 Sq Ft
$445/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $480,000 $301 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,012/month

78 Days on Market

Highlights

  • On Golf Course
  • Clubhouse
  • Private Lot
  • Gated Community
  • Deck
  • Wooded Lot

About This Home

As of March 2023

Incredible investment opportunity or Amazing 2nd home. This beautiful cabin in Popular Laurel Valley sits on the 15th Green of Wild Laurel Golf Course. Open floor plan w/majestic vaulted ceilings, stone gas fireplace, updated kitchen w/island, granite & stainless appliances. The ''Windows of Walls'' bring the outdoor feel to the Expansive Sunroom/Den.
The Master Suite, located on the main level features 3 large closets, updated bath, tiled whirlpool tub & rain shower. Upstairs loft bedroom includes Queen sized bed, & 2nd full bath w/tiled shower as well as a loft/playroom w/ Daybed & trundle. Year round enjoyment can be yours whether enjoying the screened porch swing, or the open deck w/ fire pit. This gated community is secure and offers swimming pool + fitness center membership.

Last Agent to Sell the Property

Joshua Cole

Realty Executives Associates License #333153 Listed on: 11/28/2022

Realty Executives Associates

Last Buyer's Agent

Stephanie Tipton

Compass Tennessee, LLC License #354245

Compass Tennessee, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 0.65 Acre Lot
  • On Golf Course
  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • Parking Available

Property Views

  • Golf Course
  • Woods
  • Mountain
  • Countryside Views
  • Forest

Home Design

  • Cottage
  • Log Cabin
  • Frame Construction
  • Wood Siding
  • Stone Siding
  • Log Siding

Interior Spaces

  • 1,594 Sq Ft Home
  • Wired For Data
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Great Room
  • Bonus Room
  • Screened Porch
  • Storage Room
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Unfinished Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck
  • Patio

Schools

  • Heritage Middle School
  • Heritage High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 106c C 002.01

Community Details

Overview

  • Association fees include association insurance, trash, security
  • Laurel Valley Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Community Pool

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0.65 Acres

HOA Fees

$63 per month

Listing Details

  • Directions: Apple Maps & Google Maps take you right to the door. HWY 321 to right on Old Tuckaleechee. Right on Laurel Valley Rd. Turn left just past Laurel Valley Gate Entrance. Property is first house on right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1993
  • Lot Size Acres: 0.65
  • Subdivision Name: Laurel Valley
  • Architectural Style: Cottage, Cabin, Log
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Mountain View: Yes
  • View:Wooded2: Yes
  • Contract Info:List PriceSqFt2: 313.04
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1034.0
  • General Property Description:SqFt - 2nd Flr Lvl: 560.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Siding:Stone3: Yes
  • Lot Description:Private: Yes
  • Floors:Tile2: Yes
  • Heat:Heat Pump3: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Siding:Wood2: Yes
  • Misc Features:Wired for Internet: Yes
  • Lot Description:Golf Community: Yes
  • View:Golf Course: Yes
  • Misc Features:Whirlpool Tub: Yes
  • Lot Description:Golf Course Front: Yes
  • Style:Log3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Smoke Detector
  • Has Basement: Crawl Space, Unfinished, Outside Entr Only
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Stone, Gas Log
  • Fireplaces: 1
  • Flooring: Hardwood, Tile
  • Fireplace:Gas Log: Yes
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Great Room: Yes
  • Misc Features:Island in Kitchen: Yes
  • Basement:Unfinished: Yes
  • Basement:Outside Entr Only: Yes
  • Fireplace:Stone2: Yes

Exterior Features

  • Exterior Features: Windows - Insulated, Patio, Porch - Covered, Porch - Screened, Deck, Cable Available (TV Only)
  • View: Mountain View, Country Setting, Golf Course, Wooded
  • Lot Features: Private, Wooded, Golf Community, Golf Course Front, Rolling Slope
  • Construction Type: Stone, Wood Siding, Frame, Log
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Screened: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Cable Available (TV Only): Yes
  • Exterior Features:Windows - Insulated: Yes
  • Exterior Features:Patio: Yes
  • Construction:Log: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Main Level
  • GarageParking:Main Level: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Security: Gated Community
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Propane, Other, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: Clubhouse, Golf Course, Pool
  • Association Fee: 750.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • Community Amenities:Gated Community: Yes
  • Community Amenities:Club House2: Yes
  • Community Amenities:Swimming Pool: Yes
  • Community Amenities:Golf Course2: Yes
  • Association Fee Incl:Trash: Yes
  • Association Fee Incl:Association Ins: Yes
  • Association Fee Incl:Security3: Yes

Fee Information

  • Association Fee Includes: Association Ins, Trash, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 28314.0
  • Parcel #: 106c C 002.01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2022
Closed on
Mar 15, 2023
Sold by
Cole Robert and Cole Jan
Bought by
Tipton Stephanie and Tipton Samuel
Seller's Agent
Joshua Cole
Realty Executives Associates
Buyer's Agent
Stephanie Tipton
Compass Tennessee, LLC
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%
Views
231
Current Estimated Value
$708,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,538
Avg. Annual Appreciation
13.71%
Original Mortgage
$351,000
Outstanding Balance
$303,605
Interest Rate
5.14%
Mortgage Type
New Conventional
Estimated Equity
$404,933

Purchase Details

Listed on
Feb 9, 2020
Closed on
Mar 6, 2020
Sold by
Neilsen Olaf W
Bought by
Cole Robert and Cole Jan
Seller's Agent
Chad Rochelle
Parkside Realty Services
Buyer's Agent
Jan Cole
Realty Executives Associates
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.25%

Purchase Details

Closed on
Apr 1, 2019
Sold by
Larrison Cindy Jo
Bought by
Neilsen Olaf Tr and The Neilsen Trust

Purchase Details

Listed on
May 30, 2018
Closed on
Nov 27, 2018
Sold by
Larrison Cindy Jo
Bought by
Neilsen Olaf W and Neilsen Cathie J
List Price
$279,000
Sold Price
$264,900
Premium/Discount to List
-$14,100
-5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.39%
Original Mortgage
$211,920
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2015
Closed on
Feb 24, 2015
Sold by
Headrick Scott L
Bought by
Larrison Cindy J
Seller's Agent
Chad Rochelle
LeConte Realty, LLC
Buyer's Agent
GLORIA ROBERTS
NON-MEMBER
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.23%

Purchase Details

Closed on
Jun 20, 2011
Sold by
Justice Louis Dewayne
Bought by
Headrick Dicie K and Headrick Scott L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
4.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 2, 2007
Sold by
Rochelle Jimmy D and Rochelle Louise
Bought by
Justice Louis Dewayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.3%

Purchase Details

Closed on
May 7, 1992
Bought by
Rochelle Ricky L and Rochelle Connie
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
Tipton Stephanie $480,000 Foundation Title
Cole Robert $275,000 --
Neilsen Olaf Tr -- --
Neilsen Olaf W $264,900 --
Larrison Cindy J $235,000 --
Headrick Dicie K $197,000 --
Justice Louis Dewayne $215,000 --
Rochelle Ricky L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tipton Stephanie $351,000
Previous Owner Neilsen Olaf W $211,920
Previous Owner Headrick Dicie K $157,600
Previous Owner Rochelle Ricky L $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2023 03/15/23 Sold $480,000 -3.8% $301 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $499,000 0.0% $313 / Sq Ft
01/22/2023 01/22/23 Pending -- -- --
11/28/2022 11/28/22 For Sale $499,000 +81.5% $313 / Sq Ft
03/06/2020 03/06/20 Sold $275,000 +3.8% $203 / Sq Ft View Prior Sale
11/30/2018 11/30/18 Sold $264,900 -5.1% $182 / Sq Ft View Prior Sale
10/18/2018 10/18/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $279,000 +18.7% $192 / Sq Ft
02/24/2015 02/24/15 Sold $235,000 -- $161 / Sq Ft View Prior Sale
Source: East Tennessee REALTORS® MLS

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 $2,667 $167,720 $30,000 $137,720
2024 $1,667 $104,825 $18,750 $86,075
2023 $1,667 $104,825 $18,750 $86,075
2022 $1,714 $69,375 $21,375 $48,000
2021 $1,714 $69,375 $21,375 $48,000
2020 $1,714 $69,375 $21,375 $48,000
2019 $1,531 $62,000 $21,375 $40,625
2018 $1,438 $58,225 $23,750 $34,475
2017 $1,438 $58,225 $23,750 $34,475
2016 $1,438 $58,225 $23,750 $34,475
2015 $1,252 $58,225 $23,750 $34,475
2014 $1,120 $58,225 $23,750 $34,475
2013 $1,120 $52,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1212672

East Tennessee REALTORS® MLS

APN: 106C-C-002.01

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