NOT LISTED FOR SALE

348 Rainbow Cir Townsend, TN 37882

Townsend Area

Estimated Value: $446,451

1 Bed
2.5 Baths
1,388 Sq Ft
$322/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2023

Last sale price $380,000 $274 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,727 / mo

Highlights

  • Mountain View
  • Wooded Lot
  • Screened Porch
  • Deck
  • High Ceiling
  • Security Gate

About This Home

As of November 2023

Lovely, private cul-de-sac mountain cabin with a view of Rich Mountain located in the ''Quiet Side of the Smokies'' in Townsend, TN. Turn-key ready for either residential or short-term overnight rental. As a prior overnight rental, it slept 6 to 8 comfortably. Located in the gated mountain community of Laurel Valley. Master on Main with full bath; Bonus/Sleeping area with full bath in the loft area. Public water-no well! Walk out finished basement area for Games and sleeping. HVAC 1 yr old. All appliances are 5 yrs old. All decks were stained 2 yrs ago. Paved parking space for 4 vehicles. Wood-burning/ Gas fireplace! Furnishings and ping-pong table can stay with acceptable offer. Wired for hot tub on the screened-in porch. Golf, Pool, and Rec Area privileges are not covered by HOA dues; a separate membership fee applies. Go to laurelvalley.org for restrictions online and further information. Buyer and Buyer's agent to verify all information and restrictions. Buyer's remorse; flew through inspections!

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,071

Year Built

  • Built in 1998

Lot Details

  • 16,988 Sq Ft Lot
  • Lot Dimensions are 44.13 x 128.3
  • Wooded Lot

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • Driveway

Property Views

  • Mountain
  • Seasonal

Home Design

  • Cabin
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,388 Sq Ft Home
  • Property has 3 Levels
  • High Ceiling
  • Wood Burning Fireplace
  • Screened Porch
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • Cold Springs Subdivision

Listing and Financial Details

  • Tax Lot 11&5
  • Assessor Parcel Number 106C H 03300 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,071

Year Built

Built in 1998

Lot Details

0.39 Acres

HOA Fees

$63 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 1998
  • Unit Levels: Three Or More
  • New Construction: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: High Ceilings
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Fireplace Features: Wood Burning
  • Total Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Partially Finished, Walk-Out Access, Other
  • Building Area Units: Square Feet
  • Living Area: 1388.0
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Block, Frame, Wood Siding
  • Patio And Porch Features: Deck, Screened, Covered
  • Pool Private: No
  • Roof: Metal
  • Topography: Wooded
  • View: Mountain(s), Seasonal
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Features: Wooded
  • Lot Size Acres: 0.390
  • Lot Size: 44.13 X 128.3
  • Lot Size Units: Acres
  • Parcel #: 106C H 03300 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1071
  • Tax Lot: 11&5

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
Nov 30, 2023
Sold by
Sparks Larry and Sparks Linda
Bought by
List Price
$495,000
Sold Price
$380,000
Premium/Discount to List
-$115,000
-23.23%
Current Estimated Value
$446,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,451
Avg. Annual Appreciation
5.95%

Purchase Details

Listed on
May 16, 2017
Closed on
Dec 15, 2017
Sold by
Dodson Brian W
Bought by
Sparks Larry
Seller's Agent
Kathy Hmielewski
CENTURY 21 Smoky Mountain Realty
Buyer's Agent
Cyndie Cornelius
Why The Smokies, LLC
Sold Price
$179,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.46%
Original Mortgage
$132,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2003
Bought by
Dodson Brian W and Dodson Mary R

Purchase Details

Closed on
May 5, 1995
Sold by
Cold Springs Trust Inc
Bought by
Sanders James and Sanders Jo Elaine

Purchase Details

Closed on
Aug 14, 1992
Bought by
Cold Springs Trust Inc

Purchase Details

Closed on
Sep 28, 1973
Bought by
Reel Darrell D and Reel Katherine I
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
$380,000 Foothills Title
Sparks Larry $179,000 --
Dodson Brian W $170,000 --
Sanders James $18,900 --
Cold Springs Trust Inc -- --
Reel Darrell D -- --
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
Previous Owner $132,000
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 $495,000 +30.3% $357 / Sq Ft
11/30/2023 11/30/23 Sold $380,000 0.0% $274 / Sq Ft
11/30/2023 11/30/23 Sold $380,000 0.0% $274 / Sq Ft View Prior Sale
11/30/2023 11/30/23 Sold $380,000 -10.6% $274 / Sq Ft View Prior Sale
11/03/2023 11/03/23 Pending -- -- --
11/03/2023 11/03/23 Pending -- -- --
11/03/2023 11/03/23 Pending -- -- --
10/31/2023 10/31/23 Price Changed $425,000 0.0% $306 / Sq Ft
10/31/2023 10/31/23 For Sale $425,000 0.0% $306 / Sq Ft
10/31/2023 10/31/23 Price Changed $425,000 0.0% $306 / Sq Ft
10/31/2023 10/31/23 For Sale $425,000 +11.8% $306 / Sq Ft
09/22/2023 09/22/23 Off Market $380,000 -- --
09/22/2023 09/22/23 Off Market $380,000 -- --
09/11/2023 09/11/23 Price Changed $389,000 0.0% $280 / Sq Ft
09/11/2023 09/11/23 Price Changed $389,000 -2.5% $280 / Sq Ft
09/08/2023 09/08/23 For Sale $399,000 0.0% $287 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
08/09/2023 08/09/23 Price Changed $399,000 -7.2% $287 / Sq Ft
07/01/2023 07/01/23 For Sale $430,000 0.0% $310 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
06/10/2023 06/10/23 Price Changed $430,000 -8.3% $310 / Sq Ft
05/16/2023 05/16/23 Price Changed $469,000 -5.3% $338 / Sq Ft
05/12/2023 05/12/23 For Sale $495,000 0.0% $357 / Sq Ft
04/10/2023 04/10/23 For Sale $495,000 +176.5% $357 / Sq Ft
12/15/2017 12/15/17 Sold $179,000 -- $129 / Sq Ft View Prior Sale
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 $1,730 $108,800 $20,000 $88,800
2024 $1,081 $68,000 $12,500 $55,500
2023 $1,081 $68,000 $12,500 $55,500
2022 $1,071 $43,375 $11,250 $32,125
2021 $1,071 $43,375 $11,250 $32,125
2020 $1,071 $43,375 $11,250 $32,125
2019 $1,071 $43,375 $11,250 $32,125
2018 $1,060 $42,900 $12,500 $30,400
2017 $1,060 $42,900 $12,500 $30,400
2016 $1,060 $42,900 $12,500 $30,400
2015 $922 $42,900 $12,500 $30,400
2014 $974 $42,900 $12,500 $30,400
2013 $974 $45,300 $0 $0
Source: Public Records

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Map

Source: Realtracs

MLS Number: 3551038

Realtracs

APN: 106C-H-033.00

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