$370,000
SOLD NOV 4, 2024

355 E Chestnut Hill Rd Townsend, TN 37882

4 Beds
2 Baths
2,844 Sq Ft
1.23 Acres

Recently Sold

$130 Per Sq Ft

30% Below List Price

251 Days on Market

Highlights

  • Very Popular Property
  • Deck
  • Traditional Architecture
  • 1.23 Acre Lot
  • Wooded Lot
  • 2 Fireplaces

About This Home

As of November 2024

The Mountains are Calling! Make this home your mountain retreat. Offered for the first time in 25 years is this quaint Mountain Retreat on approximately 1.23 (+/-) acres. Tucked in the heart of Townsend in a peaceful subdivision with plenty of flora and fauna (including the occasional deer and black bear)! The home offers 4 bedrooms, and 2 full baths, (plumbed for a half bath), enjoy the oversized great room with cathedral ceiling and mountain stone FP (one of two fireplaces in the home), and the front sitting room with great views. The basement is a handy persons paradise with an enormous workshop area. With a little TLC to make it your own, this home could be a showplace! The community of Townsend is growing with so much new development and is right at the entrance to the most visited National Park, The Great Smoky Mountains! Enjoy trout fishing, mountain biking, hiking, and the many great events/festivals and so much more in this resort community. Call today to view!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,838

Year Built

  • Built in 1965

Lot Details

  • 1.23 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 2,844 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Separate Formal Living Room
  • Fire and Smoke Detector
  • Dishwasher
  • Property Views
  • Unfinished Basement

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

  • Townsend Elementary School
  • Heritage Middle School
  • Heritage High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Propane
  • High Speed Internet
  • Cable TV Available

Community Details

  • Chestnut Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 096L A 02400 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,838

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1965
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 8657482851
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), High Speed Internet
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Wood, Tile, Vinyl
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Has Basement: Unfinished
  • Building Area Units: Square Feet
  • Living Area: 2844
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Frame, Other
  • Patio And Porch Features: Patio, Deck
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Propane
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Cable Connected

Condo/Co-op/Association

  • Senior Community: No

Green Features

  • Efficiency: Fireplace Insert, Doors

Lot Info

  • Lot Features: Wooded, Other, Level, Rolling Slope
  • Lot Size Acres: 1.23
  • Lot Size: 119.10 X 509.54 IRR
  • Lot Size Units: Acres
  • Parcel #: 096L A 02400 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1838

MLS Schools

  • Elementary School: Townsend Elementary
  • High School: Heritage High School
  • Middle Or Junior School: Heritage Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2024
Closed on
Nov 1, 2024
Sold by
Mctavish Ann Marie and Mctavish Patricia Ann
Bought by
Grindstone Llc
List Price
$530,000
Sold Price
$370,000
Premium/Discount to List
-$160,000
-30.19%
Views
596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
151.05%
Original Mortgage
$361,000
Outstanding Balance
$358,123
Interest Rate
6.09%
Mortgage Type
Construction
Estimated Equity
$366,367

Purchase Details

Closed on
Feb 26, 1998
Sold by
Ledbetter Roger A
Bought by
Mctavish Edward

Purchase Details

Closed on
Nov 12, 1992
Bought by
Ledbetter Roger A and Ledbetter Vanessa W

Purchase Details

Closed on
Jan 1, 1984
Bought by
Beckmann Terry L and Beckmann Nancy E
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $370,000 Independence Title
Deed $128,000 --
Warranty Deed $85,000 --
Warranty Deed $67,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $361,000 Construction
Previous Owner $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 For Sale $699,000 +88.9% $205 / Sq Ft
11/04/2024 11/04/24 Sold $370,000 -30.2% $130 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
02/10/2024 02/10/24 For Sale $530,000 -- $186 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

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
2024 $1,838 $115,625 $15,000 $100,625
2023 $1,838 $115,625 $15,000 $100,625
2022 $1,649 $66,750 $13,000 $53,750
2021 $1,649 $66,750 $13,000 $53,750
2020 $1,649 $66,750 $13,000 $53,750
2019 $1,649 $66,750 $13,000 $53,750
2018 $1,538 $62,275 $13,750 $48,525
2017 $1,538 $62,275 $13,750 $48,525
2016 $1,538 $62,275 $13,750 $48,525
2015 $1,339 $62,275 $13,750 $48,525
2014 $1,418 $62,275 $13,750 $48,525
2013 $1,418 $65,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2874580

Realtracs

APN: 096L-A-024.00