344 Rainbow Cir Townsend, TN 37882
Estimated Value: $523,000 - $695,000
Highlights
- Golf Course Community
- Deck
- Wood Flooring
- Clubhouse
- Wooded Lot
- Separate Formal Living Room
About This Home
As of November 2021Luxury mountain living in beautiful Laurel Valley community! Laurel Valley is nestled right at the edge of the Great Smoky Mountains National Park in Townsend. This is, by far, the most gorgeous area of East Tennessee surrounded with nature's beauty and an abundance of wildlife! This custom-built cabin features over 2400 square feet of living space with 2 spacious bedrooms on the main floor and 2 bonus rooms upstairs, easily sleeping 8+. Each level of the home features its own full bathroom. The large kitchen is just perfect for cooking and entertaining with plenty of cabinets for storage and counterspace. The basement is partially finished on one side with a mudroom, full bathroom, and rec space, while the other side is currently being utilized as a man cave and workshop but could easily be converted back to a garage, if you preferred. Kick back, relax, and enjoy the scenic landscape on one of the three large, covered porches. The upper, back porch is partially screened and overlooks the beautiful wooded landscape. This one-owner log home has been meticulously maintained and has served as the family mountain getaway for over a decade, while the original owners call this home year round. All appliances will remain, to include the washer and dryer. Active pest and termite contract in place. This beautiful cabin is located on a quiet cul-de-sac in Laurel Valley, less than 2 miles from the community's club house and in close proximity to Hwy 321, giving you seamless access to the National Forest, Cades Cove, Little River, Foothills Parkway, the Dragon's Tail, and so much more. Your annual HOA fee covers a community trash receptacle and road maintenance, with snow removal in the winter. Enjoy the great amenities that this community has to offer, such as the swimming pool and golf course, at an additional/optional cost. This community does allow for STR. Call today to come and see yourself living here!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,710
Year Built
- Built in 2004
Lot Details
- 18,295 Sq Ft Lot
- Cul-De-Sac
- Lot Has A Rolling Slope
- Wooded Lot
HOA Fees
- $63 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Home Design
- Log Cabin
- Log Siding
Interior Spaces
- Property has 3 Levels
- Gas Fireplace
- Separate Formal Living Room
- Utility Room
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Basement
- Partial Basement
- Exterior Basement Entry
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
- Tax Lot 12
- Assessor Parcel Number 106C H 03400 000
Community Details
Overview
- Association fees include trash, ground maintenance
- Cold Springs Subdivision
Amenities
- Clubhouse
Recreation
- Golf Course Community
- Community Pool
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schroer John C | $457,000 | -- | |
| Curtis Wayne | $25,000 | -- | |
| Presley Luke C | -- | -- |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2021 11/05/21 | Sold | $457,000 | +1.6% | $184 / Sq Ft |
| 10/03/2021 10/03/21 | Pending | -- | -- | -- |
| 10/03/2021 10/03/21 | For Sale | $450,000 | -- | $182 / Sq Ft |
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 | $1,881 | $118,325 | $12,500 | $105,825 |
| 2024 | $1,881 | $118,325 | $12,500 | $105,825 |
| 2023 | $1,881 | $118,325 | $12,500 | $105,825 |
| 2022 | $1,844 | $74,650 | $8,450 | $66,200 |
| 2021 | $1,710 | $69,225 | $8,450 | $60,775 |
| 2020 | $1,710 | $69,225 | $8,450 | $60,775 |
| 2019 | $1,710 | $69,225 | $8,450 | $60,775 |
| 2018 | $1,643 | $66,525 | $9,375 | $57,150 |
| 2017 | $1,643 | $66,525 | $9,375 | $57,150 |
| 2016 | $1,643 | $66,525 | $9,375 | $57,150 |
| 2015 | $1,430 | $66,525 | $9,375 | $57,150 |
| 2014 | $1,572 | $66,525 | $9,375 | $57,150 |
| 2013 | $1,572 | $73,100 | $0 | $0 |
Map
Source: Realtracs
MLS Number: 3173888
APN: 106C-H-034.00
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Ask me questions while you tour the home.