NOT LISTED FOR SALE

350 Likely Ln Townsend, TN 37882

Estimated Value: $764,192

2 Beds
3.5 Baths
2,496 Sq Ft
$306/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2019

Last sale price $458,000 $183 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,218 / mo

156 Days on Market

Highlights

  • 15 Acre Lot
  • Deck
  • Wooded Lot
  • Mountain View
  • Private Lot
  • Wood Flooring

About This Home

As of October 2019

Rare find on top of a mountain with panoramic views of the Smokies. This log home sits above the new Foothills Parkway Extension that spans from Walland to Wears Valley. A truly exceptional view that few properties can claim. The wrap around porch lets you enjoy several different angles of the majestic mountain range. The 2 story log home with a full basement has 3.5 baths, 2 bedrooms, a large loft, stone fireplace, woodstove, 2 car garage, and 15 beautiful wooded acres of land. This is one of those homes that you hardly ever find for sale. All appliances, except microwave remain. Bedroom furniture and living room furniture remain. 2 porch swings and hot tub convey with home.

Last Agent to Sell the Property

Jan Maness

CENTURY 21 Legacy License #258217 Listed on: 04/08/2019

CENTURY 21 Legacy

Last Buyer's Agent

Cornett Rachel

RECIPROCAL OFFICE

RECIPROCAL OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 15 Acre Lot
  • Private Lot
  • Wooded Lot

Home Design

  • Log Cabin

Interior Spaces

  • 2,496 Sq Ft Home
  • Wood Burning Fireplace
  • Stone Fireplace
  • Screened Porch
  • Mountain Views
  • Partially Finished Basement
  • Walk-Out Basement
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Basement Garage

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 074 012.04

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

15 Acres

Listing Details

  • Directions: Hwy 321 from Maryville to Townsend. Turn left onto Webb Road at Gulf Station. go 5.5 miles and turn right onto Likely Lane (No sign, Road is gravel.) Follow the road on up the mountain. Go through the open gate. Follow to the top of driveway to sign on right. Driveway forks to the right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1993
  • Lot Size Acres: 15.0
  • Architectural Style: Cabin, Log
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Smoke Detector, Security Alarm, Refrigerator, Washer
  • Has Basement: Partially Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood

Exterior Features

  • Exterior Features: Porch - Covered, Porch - Screened, Deck
  • View: Mountain View
  • Lot Features: Private, Wooded
  • Other Structures: Storage

Garage/Parking

  • Attached Garage: No
  • Parking Features: Basement

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 653400.0
  • Parcel #: 074 012.04
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2019
Closed on
Oct 31, 2019
Sold by
Newman Charles S
Bought by
Hudak Edward J and Hudak Aren G
Seller's Agent
Jan Maness
CENTURY 21 Legacy
Buyer's Agent
Cornett Rachel
RECIPROCAL OFFICE
Sold Price
$458,000
Current Estimated Value
$764,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,192
Avg. Annual Appreciation
8.18%
Original Mortgage
$412,200
Outstanding Balance
$359,610
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$404,582

Purchase Details

Closed on
Nov 20, 2003
Bought by
Newman Charles S and Newman Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
5.75%

Purchase Details

Closed on
Aug 16, 1988
Bought by
Pierce Sylvester Y and Pierce Marjorie L
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

Date Buyer Sale Price Title Company
Hudak Edward J $458,000 --
Newman Charles S $299,000 --
Pierce Sylvester Y $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudak Edward J $412,200
Previous Owner Pierce Sylvester Y $71,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $458,000 -- $183 / 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 $2,009 $126,350 $9,075 $117,275
2024 $2,009 $126,350 $9,075 $117,275
2023 $2,009 $126,350 $9,075 $117,275
2022 $1,886 $76,375 $5,900 $70,475
2021 $1,886 $76,375 $5,900 $70,475
2020 $1,840 $74,500 $5,900 $68,600
2019 $1,840 $74,500 $5,900 $68,600
2018 $1,743 $70,550 $5,325 $65,225
2017 $1,743 $70,550 $5,325 $65,225
2016 $1,743 $70,550 $5,325 $65,225
2015 $1,517 $70,550 $5,325 $65,225
2014 $1,593 $70,550 $5,325 $65,225
2013 $1,593 $74,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1075769

East Tennessee REALTORS® MLS

APN: 074-012.04

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