NOT LISTED FOR SALE

345 Rainbow Cir Townsend, TN 37882

Townsend Area

Estimated Value: $473,703

2 Beds
2.5 Baths
1,277 Sq Ft
$371/Sq Ft Est. Value

Sale Details

Date Sold: July 7, 2020

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

Est. 115% increase in value since last sale

Current estimated payment $2,781 / mo

Highlights

  • Mountain View
  • Wood Flooring
  • Screened Porch
  • Wooded Lot
  • No HOA
  • Log Cabin

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.

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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 18,295 Sq Ft Lot
  • Wooded Lot

Property Views

  • Mountain
  • Seasonal

Home Design

  • Log Cabin
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 1,277 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Gas Fireplace
  • Screened Porch
  • Wood Flooring
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Fire and Smoke Detector

Parking

  • Private Parking
  • Driveway

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5&10

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0.42 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • Year Built: 1994
  • Unit Levels: One
  • New Construction: No
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Master Downstairs
  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space, Other
  • Above Grade Finished Sq Ft: 1277.0
  • Building Area Units: Square Feet
  • Living Area: 1277.0
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Block, Log
  • Patio And Porch Features: Screened
  • Pool Private: No
  • Roof: Shingle
  • Topography: Wooded
  • View: Mountain(s), Seasonal
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Private, Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Security: Security Gate, Smoke Detector(s)
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Wooded
  • Lot Size Acres: 0.420
  • Lot Size: 114/198/139/122
  • Lot Size Units: Acres
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 121524
  • Tax Lot: 5&10

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

Listed on
Sep 14, 2026
Closed on
Jul 7, 2020
Sold by
Jones Susan
Bought by
List Price
$238,500
Sold Price
$220,000
Premium/Discount to List
-$18,500
-7.76%
Current Estimated Value
$473,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,703
Avg. Annual Appreciation
13.17%
Original Mortgage
$198,000
Outstanding Balance
$171,582
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$302,121

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$220,000 --
Odennell Michaej J $20,000 --
Hmielewski David D $6,200 --
Ragan James G -- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $198,000
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 Prior Sale
09/14/2026 09/14/26 For Sale $238,500 +8.4% $187 / Sq Ft
10/11/2020 10/11/20 Off Market $220,000 -- --
07/07/2020 07/07/20 Sold $220,000 0.0% $172 / Sq Ft
07/07/2020 07/07/20 Sold $220,000 -7.8% $172 / Sq Ft View Prior Sale
06/07/2020 06/07/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $238,500 -- $187 / Sq Ft
Source: Realtracs

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 $1,266 $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

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Map

Source: Realtracs

MLS Number: 3555460

Realtracs

APN: 106C-H-032.00

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