NOT LISTED FOR SALE

341 Rainbow Cir Townsend, TN 37882

Estimated Value: $525,000 - $601,000

3 Beds
2.5 Baths
1,904 Sq Ft
$294/Sq Ft Est. Value

Sale Details

Date Sold: October 13, 2023

Last sale price $479,000 $252 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,275 / mo

9 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Clubhouse
  • Fitness Center
  • Mountain View
  • Deck

About This Home

As of October 2023

This one owner, three bedroom, two and a half bath home, is located on a quiet cul-de-sac in the peaceful gated community of Laurel Valley, which offers an 18 hole golf course, swimming pool, and fitness center. It has been well cared for and maintained and has a recently replaced roof and HVAC systems. There is a spacious main level oversized two car garage, which also offers room for a workspace or hobby area. There are mountain views available from all floors, including several decks, covered porch, and screened porch, as well as a rolling yard that hosts abundant wildlife and wildflowers. A heated and cooled partially finished basement provides a great opportunity for a game room or recreational space. Although this home has always been a permanent residence, the community does allow short term and long term rentals. This property is a great value and one of the few available homes in this price point with a garage in such a private, peaceful, desirable area. Located in very close proximity to the Great Smoky Mountains National Park, Maryville, Knoxville, and is an convenient commute to any of those areas. Hiking, fishing, cycling, and other great nature oriented and outdoor activities are at your fingertips. Easy to show and ready to move in today,

Last Agent to Sell the Property

Chad Rochelle

Parkside Realty Services License #264746 Listed on: 09/17/2023

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 20,303 Sq Ft Lot
  • Cul-De-Sac
  • Lot Has A Rolling Slope

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener

Property Views

  • Mountain Views
  • Countryside Views

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,904 Sq Ft Home
  • Ceiling Fan
  • Vinyl Clad Windows
  • Great Room
  • Family Room
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Screened Porch
  • Storage
  • Partially Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Heritage Middle School
  • Heritage High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 106C H 031.00
  • Tax Block 5

Community Details

Overview

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

Recreation

  • Golf Course Community
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Putting Green

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0.47 Acres

HOA Fees

$63 per month

Parking

2

Listing Details

  • Directions: Hwy 321 in Townsend, to Old Tuckaleechee, to Laurel Valley Rd, to Left at Laurel Valley Guard House, follow Laurel Road through golf course, to left on Rainbow Circle, home is first property on left in the cul-de-sac.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2003
  • Lot Size Acres: 0.47
  • Lot Size: 157.2 X 208.48 IRR
  • Subdivision Name: Cold Springs - Laurel Valley
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • View:Mountain View: Yes
  • General Property Description:Lot Size SqFt: 20303.27
  • Lot Description:Cul-De-Sac: Yes
  • Contract Info:List PriceSqFt2: 251.57
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 952.0
  • General Property Description:SqFt - Down Lvl: 952.0
  • General Property Description:SqFt - 2nd Flr Lvl: 952.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Basement Walkout: Yes
  • Heat:Heat Pump3: Yes
  • Lot Description:Golf Community: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Smoke Detector, Self Cleaning Oven, Refrigerator, Washer
  • Has Basement: Partially Finished, Slab, Walkout
  • Fireplace: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None, Other
  • Flooring: Carpet, Vinyl
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:LaundryUtility: Yes
  • Fireplace:None15: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Other Rooms:Family Room: Yes
  • Basement:Partially Finished: Yes
  • Basement:Slab: Yes
  • Other Rooms:Great Room: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl, Porch - Covered, Porch - Screened, Deck, Cable Available (TV Only)
  • View: Mountain View, Country Setting
  • Lot Features: Cul-De-Sac, Golf Community, Rolling Slope
  • Construction Type: Vinyl Siding, Frame
  • 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 - Vinyl: Yes
  • Construction:Other7: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Attached, Main Level
  • GarageParking:Attached2: Yes
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Main Level: Yes

Utilities

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

Condo/Co-op/Association

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

Association/Amenities

  • Community Amenities:Gated Community: Yes
  • Community Amenities:Architect Restricted: Yes
  • Community Amenities:Club House2: Yes
  • Community Amenities:Swimming Pool: Yes
  • Community Amenities:Exercise Room: Yes
  • Community Amenities:Golf Course2: Yes
  • Community Amenities:Putting Greens: Yes
  • Community Amenities:Rec Facilities: Yes
  • Association Fee Incl:Trash: Yes
  • Association Fee Incl:Association Ins: Yes

Fee Information

  • Association Fee Includes: Association Ins, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 20303.27
  • Parcel #: 106C H 031.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2023
Closed on
Oct 10, 2023
Sold by
Ferguson Kenneth D and Ferguson Cheryl D
Bought by
Panoramic Paradise and Panoramic Donald
Seller's Agent
Chad Rochelle
Parkside Realty Services
Buyer's Agent
Non Member Non Member
Non-Member Office
List Price
$479,000
Sold Price
$479,000
Views
163
Current Estimated Value
$559,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,922
Avg. Annual Appreciation
6.19%

Purchase Details

Closed on
Aug 2, 1995
Sold by
Mullins R D Louise
Bought by
Ferguson Cheryl and Ferguson Kenneth

Purchase Details

Closed on
Apr 19, 1995
Bought by
Regal Real Estate

Purchase Details

Closed on
Sep 28, 1973
Bought by
Mullins Mullins R and Mullins Louise
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

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
Panoramic Paradise $479,000 None Listed On Document
Ferguson Cheryl $29,000 --
Regal Real Estate $1,000 --
Mullins Mullins R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2023 10/13/23 Sold $479,000 0.0% $252 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/17/2023 09/17/23 For Sale $479,000 -- $252 / Sq Ft
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 $2,717 $170,880 $20,000 $150,880
2024 $1,698 $106,800 $12,500 $94,300
2023 $1,698 $106,800 $12,500 $94,300
2022 $1,677 $67,875 $10,700 $57,175
2021 $1,677 $67,875 $10,700 $57,175
2020 $1,677 $67,875 $10,700 $57,175
2019 $1,677 $67,875 $10,700 $57,175
2018 $1,635 $66,175 $11,875 $54,300
2017 $1,635 $66,175 $11,875 $54,300
2016 $1,635 $66,175 $11,875 $54,300
2015 $1,423 $66,175 $11,875 $54,300
2014 $1,543 $66,175 $11,875 $54,300
2013 $1,543 $71,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1239983

East Tennessee REALTORS® MLS

APN: 106C-H-031.00

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