NOT LISTED FOR SALE

316 Rainbow Cir Townsend, TN 37882

Estimated Value: $578,000 - $703,000

2 Beds
3 Baths
2,958 Sq Ft
$218/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $489,000 $165 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,670/month

4 Days on Market

Highlights

  • Golf Course Community
  • Private Lot
  • Traditional Architecture
  • Countryside Views
  • Wooded Lot
  • Wood Flooring

About This Home

As of September 2021

This home is located at 316 Rainbow Cir, Townsend, TN 37882 since 20 July 2021 and is currently estimated at $644,362, approximately $217 per square foot. This property was built in 2002. 316 Rainbow Cir is a home located in Blount County with nearby schools including Townsend Elementary School, Heritage Middle School, and Heritage High School.

Last Agent to Sell the Property

Chad Rochelle

Parkside Realty Services License #264746 Listed on: 07/20/2021

Last Buyer's Agent

Amanda Gutmaker

Jet Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 0.34 Acre Lot
  • Private Lot
  • Wooded Lot

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • Parking Available

Property Views

  • Countryside Views
  • Forest Views

Home Design

  • Traditional Architecture
  • Cottage
  • Log Cabin
  • Log Siding
  • Rough-In Plumbing

Interior Spaces

  • 2,958 Sq Ft Home
  • 1 Fireplace
  • Insulated Windows
  • Screened Porch
  • Finished Basement
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Gas Grill

Schools

  • Heritage Middle School
  • Heritage High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 106B A 026.00 000
  • Tax Block 5

Community Details

Overview

  • Association fees include trash, security
  • Cold Springs/Laurel Valley Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Directions: Hwy 321 in Townsend, to Old Tuckaleechee Road, to Laurel Valley Road, to left at Laurel Valley Guard Gate, to left on Rainbow Circle, home is second on right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2002
  • Lot Size Acres: 0.34
  • Lot Size: 90 X 153 IRR
  • Subdivision Name: Cold Springs/Laurel Valley
  • Architectural Style: Cottage, Cabin, Log, Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Grill, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave, Washer
  • Has Basement: Crawl Space, Finished, Plumbed
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Exterior Features: Windows - Insulated, Porch - Covered, Porch - Screened, Cable Available (TV Only)
  • View: Country Setting, Wooded
  • Lot Features: Private, Wooded, Golf Community
  • Construction Type: Fiber Cement, Log

Garage/Parking

  • Attached Garage: No
  • Parking Features: None, Main Level

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 750.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Fee Information

  • Association Fee Includes: Trash, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Parcel #: 106B A 026.00 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2024
Sold by
Anderson Justin
Bought by
Chin Anderson Llc
Current Estimated Value
$644,362

Purchase Details

Closed on
Oct 28, 2022
Sold by
Chin Albert B and Chin Melicia K
Bought by
Anderson Justin

Purchase Details

Listed on
Jul 20, 2021
Closed on
Sep 16, 2021
Sold by
Rule Robert K
Bought by
Chin Gilbert B and Tjoa Melicia K
Seller's Agent
Chad Rochelle
Parkside Realty Services
Buyer's Agent
Amanda Gutmaker
Jet Real Estate
Sold Price
$489,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$366,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2020
Closed on
Nov 9, 2020
Sold by
Kuzmanoff Konrad
Bought by
Rule Robert K and Rule Legina D
Seller's Agent
Chad Rochelle
Parkside Realty Services
Buyer's Agent
Michael Cansler
Silver Key Realty
Sold Price
$369,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.27%
Original Mortgage
$300,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2002
Bought by
Kuzmanoff Konrad and Kuzmanoff Lesley

Purchase Details

Closed on
Jun 7, 2001
Sold by
Cold Springs Inc
Bought by
Heinsohn R G

Purchase Details

Closed on
Jan 12, 1995
Sold by
Cold Springs Trust Inc
Bought by
St John Shirley Ann

Purchase Details

Closed on
Aug 7, 1992
Bought by
Cold Springs Trust Inc

Purchase Details

Closed on
Jul 19, 1974
Bought by
Seay Hugh N and Seay Anne L
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
Chin Anderson Llc -- Magnolia Title
Anderson Justin $502,000 Magnolia Title
Chin Gilbert B $489,000 --
Rule Robert K $369,000 --
Kuzmanoff Konrad $214,500 --
Heinsohn R G $15,000 --
St John Shirley Ann -- --
Cold Springs Trust Inc $1,800 --
Seay Hugh N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chin Gilbert B $366,750
Previous Owner Rule Robert K $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2021 09/15/21 Sold $489,000 +32.5% $165 / Sq Ft
11/09/2020 11/09/20 Sold $369,000 -- $125 / Sq Ft View Prior Sale
Source: East Tennessee REALTORS® MLS

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 $3,125 $196,560 $14,000 $182,560
2024 $1,953 $122,850 $8,750 $114,100
2023 $1,953 $122,850 $8,750 $114,100
2022 $1,727 $69,925 $7,875 $62,050
2021 $1,727 $69,925 $7,875 $62,050
2020 $1,727 $69,925 $7,875 $62,050
2019 $1,727 $69,925 $7,875 $62,050
2018 $1,685 $68,225 $8,750 $59,475
2017 $1,685 $68,225 $8,750 $59,475
2016 $1,685 $68,225 $8,750 $59,475
2015 $1,467 $68,225 $8,750 $59,475
2014 $1,542 $68,225 $8,750 $59,475
2013 $1,542 $71,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Chad Rochelle

    Parkside Realty Services

    (865) 216-6896

    70 in this area

    75 Total Sales

    Chad Rochelle
    Section Image

  • A

    Buyer's Agent in 2021

    Amanda Gutmaker

    Jet Real Estate

  • Michael Cansler

    Buyer's Agent in 2020

    Michael Cansler

    Silver Key Realty

    (423) 519-4677

    166 Total Sales

    Michael Cansler
    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1160885

East Tennessee REALTORS® MLS

APN: 106B-A-026.00

Tennessee Blount County Townsend 37882

316 Rainbow Cir, Townsend, TN

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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