NOT LISTED FOR SALE

324 Rainbow Cir Townsend, TN 37882

Estimated Value: $509,469 - $605,000

3 Beds
3 Baths
1,868 Sq Ft
$299/Sq Ft Est. Value

Last Sold October 11, 2017

Last sale price $225,000 $120 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $3,098/month

Highlights

  • Chalet
  • Forest View
  • 1 Fireplace
  • Deck
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of October 2017

Two level cabin offering three bedrooms, three baths, approx. 1868 sq.ft of living space. Great perm. home, investment property or a weekend getaway. Currently on rental program.
Being sold fully furnished. Buyer & Buyer's agent to confirm sq. ft.

Last Agent to Sell the Property

Chad Rochelle

Parkside Realty Services License #264746 Listed on: 05/25/2017

Last Buyer's Agent

Nancy Hodge

LeConte Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,462

Year Built

  • Built in 2003

Lot Details

  • Wooded Lot

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Chalet
  • Wood Siding

Interior Spaces

  • 1,868 Sq Ft Home
  • 1 Fireplace
  • Forest Views
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Community Details

  • Laurel Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 106 C H 040.00
  • Tax Block 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,462

Year Built

Built in 2003

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Directions: Hwy 321 to Townsend. Turn right on Old Tuckaleechee Rd. Right on Laurel Valley Rd. Left at Laurel Valley Guard gate. Continue to the three way stop, right at three way stop, (Laurel Rd). Continue to left on Rainbow Circle. House is on the right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2003
  • Lot Size: 90 X 157.91 IRR
  • Subdivision Name: Laurel Valley
  • Architectural Style: Chalet
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Grill, Smoke Detector, Refrigerator, Microwave, Washer
  • Has Basement: Other
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Other
  • Fireplaces: 1
  • Flooring: Laminate, Carpet

Exterior Features

  • Exterior Features: Porch - Covered, Deck
  • View: Wooded
  • Lot Features: Wooded
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

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

Condo/Co-op/Association

  • Association Fee: 600.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Lot Info

  • Parcel #: 106 C H 040.00

Tax Info

  • Tax Block: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2017
Closed on
Sep 12, 2017
Bought by
Swann Ross Donna
Seller's Agent
Chad Rochelle
Parkside Realty Services
Buyer's Agent
Nancy Hodge
LeConte Realty, LLC
Sold Price
$225,000
Current Estimated Value
$557,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,867
Avg. Annual Appreciation
11.96%

Purchase Details

Closed on
May 26, 2004
Bought by
Fat Boys Llc

Purchase Details

Closed on
Dec 29, 2003
Bought by
Smith Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
5.82%

Purchase Details

Closed on
Jan 15, 2002
Sold by
Masters Dev
Bought by
Smith Michael

Purchase Details

Closed on
Aug 28, 1998
Bought by
Masters Develoopment Llc

Purchase Details

Closed on
Jun 9, 1992
Bought by
Regal Real Estate Co

Purchase Details

Closed on
May 31, 1988
Bought by
Lawson Fred R

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
Swann Ross Donna $225,000 --
Fat Boys Llc -- --
Smith Michael C -- --
Smith Michael $32,000 --
Masters Develoopment Llc $27,000 --
Regal Real Estate Co $45,000 --
Lawson Fred R -- --
Koella Carl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koella Carl $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2017 10/11/17 Sold $225,000 -- $120 / Sq Ft
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 $1,462 $147,080 $0 $0
2024 $1,462 $91,925 $6,250 $85,675
2023 $1,462 $91,925 $6,250 $85,675
2022 $1,311 $53,075 $9,000 $44,075
2021 $1,311 $53,075 $9,000 $44,075
2020 $1,311 $53,075 $9,000 $44,075
2019 $1,311 $53,075 $9,000 $44,075
2018 $1,478 $59,850 $11,875 $47,975
2017 $1,478 $59,850 $11,875 $47,975
2016 $1,478 $59,850 $11,875 $47,975
2015 $1,287 $59,850 $11,875 $47,975
2014 $1,303 $59,850 $11,875 $47,975
2013 $1,303 $60,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1003981

East Tennessee REALTORS® MLS

APN: 106C-H-040.00