NOT LISTED FOR SALE

318 Wears Valley Rd Townsend, TN 37882

Townsend Area

Estimated Value: $474,077 - $628,000

3 Beds
2 Baths
1,975 Sq Ft
$270/Sq Ft Est. Value

Sale Details

Date Sold: December 11, 2019

Last sale price $250,000 $127 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $3,043 / mo

130 Days on Market

Highlights

  • 0.93 Acre Lot
  • Deck
  • Wood Flooring
  • Mountain View
  • Ranch Style House
  • 2 Fireplaces

About This Home

As of December 2019

This beautiful property offers a 1952 ranch farmhouse, a HUGE three plus car butler building, and sweet little cabin on almost an acre in Townsend. Wonderful views of the Smokies from the Valley floor! Huge master bedroom with bathroom on Suite. Large Kitchen and dining room, two spare bedrooms. There is a huge deck off the kitchen along with a basement bonus room for storage and a second bonus room with a fireplace. The HUGE butler building with three car stalls and extra storage galore! will entice those looking for vintage car storage. Finally the small cabin out front is tempting the imagination for the creative soul! Don't miss this gem of a location and VIEWS to DIE for!! Interior photos coming soon.

Last Agent to Sell the Property

Cyndie Cornelius

Why The Smokies, LLC License #316845 Listed on: 07/05/2019

Last Buyer's Agent

Cyndie Cornelius

Why The Smokies, LLC License #316845 Listed on: 07/05/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,412

Year Built

  • Built in 1952

Lot Details

  • 40,511 Sq Ft Lot
  • Property fronts a highway
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • Ranch Style House
  • Brick or Stone Mason
  • Frame Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Electric Fireplace
  • Great Room
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Game Room
  • Utility Room
  • Washer and Electric Dryer Hookup
  • Wood Flooring
  • Mountain Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic Access Panel
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outbuilding
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,412

Year Built

Built in 1952

Lot Details

0.93 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Level
  • Road Frontage Type: Highway
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 1308.0
  • Architectural Style: Ranch
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: Yes
  • Unit Levels: Basement Only
  • Reso Other Structures: Outbuilding, Workshop
  • Location Tax and Legal Tax Lot2: 2
  • Location Tax and Legal:Tax Annual Amount: 1411.6
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.93
  • General Property Information Above Grade Finished Area: 1308.0
  • General Property Information Below Grade Finished Area: 667.0
  • General Property Information Bonus Room YN2: Yes
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • General Property Information View YN2: Yes
  • Attic Features Access Only: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Room Types Bedroom 2 Level: 1
  • Room Types Dining Room: Yes
  • Room Types Dining Room Level: 1
  • Room Types Great Room: Yes
  • Room Types Great Room Level: 1
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Primary Bedroom Level: 1
  • Room Types Utility Room: Yes
  • Room Types Utility Room Level: 1
  • Interior Features Formal Dining: Yes
  • Architectural Style Ranch2: Yes
  • Other Structures:Outbuilding: Yes
  • Other Structures:Workshop: Yes
  • Room Types Bedroom 4 Level: 1
  • Room Types Game Room: Yes
  • Room Types Game Room Level: B
  • Road Frontage Type Highway: Yes
  • Levels Basement Only: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Full, Partially Finished
  • Interior Amenities: Ceiling Fan(s), Formal Dining, Great Room
  • Street Number Modifier: 318
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 667.0
  • Fireplace Features: Electric, Masonry, Wood Burning
  • Fireplaces: 2
  • Total Bedrooms: 18
  • Fireplace Features:Electric2: Yes
  • Interior Features:Ceiling Fans: Yes
  • Basement:Basement2: Yes
  • Full Basement: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Exterior Features: Rain Gutters, Storage
  • Roof: Composition
  • Acres: 0.93
  • View: Yes
  • Home Warranty: No
  • Construction Type: Brick, Frame
  • Patio And Porch Features: Deck
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Storage2: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • General Property Information:Attached Garage YN: No

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Name: none
  • Association: No

Lot Info

  • Lot Size Sq Ft: 40510.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1411.6
  • Tax Lot: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2021
Sold by
Bought by
Current Estimated Value
$534,019

Purchase Details

Listed on
Jul 5, 2019
Closed on
Nov 22, 2019
Sold by
Bought by
Seller's Agent
Cyndie Cornelius
Why The Smokies, LLC
Buyer's Agent
Cyndie Cornelius
Why The Smokies, LLC
List Price
$325,000
Sold Price
$250,000
Premium/Discount to List
-$75,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.11%

Purchase Details

Closed on
Dec 11, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 5, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$250,000 --
$210,000 --
$175,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/10/2020 03/10/20 Off Market $250,000 -- --
12/11/2019 12/11/19 Sold $250,000 -16.6% $127 / Sq Ft
09/10/2019 09/10/19 Price Changed $299,900 -6.3% $152 / Sq Ft
08/15/2019 08/15/19 Price Changed $320,000 -1.5% $162 / Sq Ft
07/05/2019 07/05/19 For Sale $325,000 -- $165 / Sq Ft
Source: Great Smoky Mountains Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,329 $83,575 $15,725 $67,850
2024 $1,329 $83,575 $15,725 $67,850
2023 $1,329 $83,575 $15,725 $67,850
2022 $1,310 $53,025 $15,725 $37,300
2021 $1,310 $53,025 $15,725 $37,300
2020 $1,310 $53,025 $15,725 $37,300
2019 $1,310 $53,025 $15,725 $37,300
2018 $1,412 $57,150 $22,000 $35,150
2017 $1,320 $57,150 $22,000 $35,150
2016 $1,320 $53,425 $22,000 $31,425
2015 $1,149 $53,425 $22,000 $31,425
2014 $1,199 $53,425 $22,000 $31,425
2013 $1,199 $55,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 223363

Great Smoky Mountains Association of REALTORS®

APN: 097-028.01

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