NOT LISTED FOR SALE

345 Rainbow Cir Townsend, TN 37882

Estimated Value: $435,000 - $518,000

2 Beds
2.5 Baths
1,277 Sq Ft
$372/Sq Ft Est. Value

Last Sold July 07, 2020

Last sale price $220,000 $172 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,640/month

37 Days on Market

Highlights

  • Gated Community
  • Wooded Lot
  • Main Floor Primary Bedroom
  • Mountain View
  • Wood Flooring
  • Bonus Room

About This Home

As of July 2020

Welcome to...The Peaceful Side of the Smokies. Laurel Valley is a beautifully wooded, ''firewise'' gated golf community within minuted of the Great Smoky Mountains National Park entrance and minutes from Cades Cove scenic 11 mi. drive loop,hiking trails and campground. This rustic 2 or 3 bedroom log cabin offers wooded tranquility with a mountain view from the large screened front porch. Perfect for family retreats and/or rental income investment opportunity. Solidly built and well maintained. Single owner; never on a rental program.

Last Agent to Sell the Property

John Thompson

Why The Smokies, LLC License #337866 Listed on: 05/01/2020

Last Buyer's Agent

John Thompson

Why The Smokies, LLC License #337866 Listed on: 05/01/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 0.42 Acre Lot
  • Wooded Lot

HOA Fees

  • $63 Monthly HOA Fees

Property Views

  • Mountain
  • Seasonal

Home Design

  • Log Cabin
  • Composition Roof
  • Metal Roof
  • Log Siding
  • Block And Beam Construction

Interior Spaces

  • 1,277 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Dirt

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Basement

  • Dirt Floor
  • Crawl Space

Parking

  • Private Parking
  • Driveway

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank
  • Septic Permit Issued

Listing and Financial Details

  • Tax Lot 5/10

Community Details

Overview

  • Association fees include roads, security
  • Harold Brookshire Association

Additional Features

  • Security
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Zoning: Residential
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Wooded
  • Road Surface Type: Paved
  • Reso View: Mountain(s), Seasonal
  • ResoSecurityFeatures: Gated Community, Smoke Detector(s)
  • Reso Association Fee Includes: Roads, Security
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 1277.0
  • Architectural Style: Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Location Tax and Legal Tax Lot2: 5/10
  • Location Tax and Legal:Tax Annual Amount: 121524.0
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.42
  • General Property Information Above Grade Finished Area: 1277.0
  • General Property Information Below Grade Unfinished Area: 199.0
  • 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
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Log2: Yes
  • Attic Features Access Only: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Levels:One and One Half: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • View Seasonal: Yes
  • Water Source:Public: Yes
  • Room Types Bedroom 2 Level: 1
  • Room Types Dining Room: Yes
  • Room Types Dining 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: B
  • Sewer Septic Permit On File: Yes
  • General Property Information Lot Size Dimensions: 114/198/139/122
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Dirt Floor
  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Other
  • Street Number Modifier: 345
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 12
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Ceiling Fans: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Security Features:Gated Community: Yes
  • Basement:Dirt Floor: Yes

Exterior Features

  • Roof: Composition, Metal
  • Acres: 0.42
  • View: Yes
  • Home Warranty: No
  • Construction Type: Block, Log
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Log: Yes
  • Patio and Porch Features:Porch: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Block: Yes
  • Patio And Porch Features:Screened: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Private
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Private3: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 750.0
  • Association Fee Frequency: Annually
  • Association Name: Harold Brookshire
  • Association: No

Association/Amenities

  • Association Fee Includes:Security2: Yes

Lot Info

  • Lot Dimensions: 114/198/139/122
  • Lot Size Sq Ft: 18295.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 121524.0
  • Tax Lot: 5/10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Jul 7, 2020
Sold by
Jones Susan
Bought by
Thompson Linda Jo Staton and Brassell Robert Marshall
Seller's Agent
John Thompson
Why The Smokies, LLC
Buyer's Agent
John Thompson
Why The Smokies, LLC
List Price
$238,500
Sold Price
$220,000
Premium/Discount to List
-$18,500
-7.76%
Current Estimated Value
$475,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,541
Avg. Annual Appreciation
14.87%
Original Mortgage
$198,000
Outstanding Balance
$175,512
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$300,029

Purchase Details

Closed on
Aug 27, 1993
Bought by
Odennell Michaej J

Purchase Details

Closed on
Jul 6, 1993
Bought by
Hmielewski David D

Purchase Details

Closed on
Sep 28, 1973
Bought by
Ragan James G and Ragan Lois C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thompson Linda Jo Staton $220,000 --
Odennell Michaej J $20,000 --
Hmielewski David D $6,200 --
Ragan James G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Linda Jo Staton $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2020 10/11/20 Off Market $220,000 -- --
07/07/2020 07/07/20 Sold $220,000 -7.8% $172 / Sq Ft
05/01/2020 05/01/20 For Sale $238,500 -- $187 / Sq Ft
Source: Great Smoky Mountains Association of REALTORS®

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 $1,266 $79,600 $12,500 $67,100
2024 $1,266 $79,600 $12,500 $67,100
2023 $1,266 $79,600 $12,500 $67,100
2022 $1,215 $49,200 $11,250 $37,950
2021 $1,215 $49,200 $11,250 $37,950
2020 $1,215 $49,200 $11,250 $37,950
2019 $1,215 $49,200 $11,250 $37,950
2018 $1,196 $48,425 $12,500 $35,925
2017 $1,196 $48,425 $12,500 $35,925
2016 $1,196 $48,425 $12,500 $35,925
2015 $1,041 $48,425 $12,500 $35,925
2014 $1,189 $48,425 $12,500 $35,925
2013 $1,189 $55,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    John Thompson

    Why The Smokies, LLC

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 228131

Great Smoky Mountains Association of REALTORS®

APN: 106C-H-032.00

Tennessee Blount County Townsend 37882

345 Rainbow Cir, Townsend, TN

Not Listed for Sale

Detached

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