NOT LISTED FOR SALE

306 Rainbow Cir Townsend, TN 37882

Estimated Value: $580,000 - $676,000

1 Bed
2 Baths
2,044 Sq Ft
$301/Sq Ft Est. Value

Last Sold June 11, 2020

Last sale price $250,000 $122 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $3,428/month

6 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • Wooded Lot
  • Gated Community
  • Deck
  • Wood Flooring

About This Home

As of June 2020

Cozy mountain home nestled in the trees, this beautiful home features a large front porch, two bedrooms (one on the main floor and one in the loft), three baths (one on each level), making it perfect for guests and entertaining. The finished basement features two bonus rooms used as guest bedrooms. New flooring and paint throughout the home within the last year. The kitchen features newer appliances and granite countertops. Deck off the back overlooking the woods is great for relaxing and BBQ. Furniture included except for a few personal items. The property is in the desirable gated community of Laurel Valley. Enjoy the country club, pool, and golfing. Approx 2044 sf. (Buyer to Confirm) Agent owned property

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,538

Year Built

  • Built in 2001

Lot Details

  • 0.37 Acre Lot
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $63 Monthly HOA Fees

Home Design

  • Cottage
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 106B A 02300 000

Community Details

Overview

  • Association fees include trash
  • Cold Springs Subdivision

Recreation

  • Golf Course Community
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,538

Year Built

Built in 2001

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 2001
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • Attribution Contact: 3058494554
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Vinyl
  • Total Bedrooms: 1
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1232
  • Below Grade Sq Ft: 812
  • Building Area Units: Square Feet
  • Living Area: 2044
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Frame
  • 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, Propane
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Security Gate, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Trash
  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Amenities: Clubhouse, Golf Course, Pool, Gated
  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Features: Cul-De-Sac, Wooded, Other, Rolling Slope
  • Lot Size Acres: 0.37
  • Lot Size: 100x153IRR
  • Lot Size Units: Acres
  • Parcel #: 106B A 02300 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1538

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

Closed on
Jan 11, 2021
Sold by
Riddell Barbara S
Bought by
Jefferies Andrew
Current Estimated Value
$614,631

Purchase Details

Listed on
May 3, 2020
Closed on
Jun 11, 2020
Sold by
Heller William R
Bought by
Riddell David C and Riddell Barbara S
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.20%

Purchase Details

Listed on
Sep 29, 2018
Closed on
Feb 11, 2019
Sold by
Dittman Jodi D
Bought by
Heller William R and Whitt Michael E
Seller's Agent
Candi Rochelle
Dogwood Realty
Buyer's Agent
Michael Whitt
The Real Estate Firm
Sold Price
$184,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.46%
Original Mortgage
$166,410
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2016
Sold by
Dittman Jason
Bought by
Dittman Jodi

Purchase Details

Closed on
Nov 26, 2001
Sold by
Mullis Wendell
Bought by
Dittman Jason

Purchase Details

Closed on
Sep 26, 2001
Bought by
Dittman Jason T and Dittman Jodi D

Purchase Details

Closed on
Jun 6, 1986
Bought by
Koella Carl
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
Jefferies Andrew $400,000 --
Riddell David C $250,000 --
Heller William R $184,900 --
Dittman Jodi -- --
Dittman Jason $195,000 --
Dittman Jason T $195,000 --
Koella Carl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heller William R $166,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2020 06/11/20 Sold $250,000 -5.7% $122 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
05/03/2020 05/03/20 For Sale $265,000 +43.3% $130 / Sq Ft
02/11/2019 02/11/19 Sold $184,900 -- $90 / Sq Ft View Prior Sale
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 $1,702 $107,050 $0 $0
2024 $1,702 $107,050 $8,750 $98,300
2023 $1,702 $107,050 $8,750 $98,300
2022 $1,560 $63,150 $7,875 $55,275
2021 $1,538 $63,150 $7,875 $55,275
2020 $1,538 $62,250 $7,875 $54,375
2019 $1,538 $62,250 $7,875 $54,375
2018 $1,566 $63,400 $8,750 $54,650
2017 $1,566 $63,400 $8,750 $54,650
2016 $1,566 $63,400 $8,750 $54,650
2015 $1,363 $63,400 $8,750 $54,650
2014 $1,426 $63,400 $8,750 $54,650
2013 $1,426 $66,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2900542

Realtracs

APN: 106B-A-023.00