NOT LISTED FOR SALE

374 Laurel Rd Townsend, TN 37882

Estimated Value: $654,105 - $806,000

3 Beds
3 Baths
2,938 Sq Ft
$255/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $617,100 $210 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,220/month

13 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Mountain View
  • Spa
  • Open Floorplan
  • Clubhouse

About This Home

As of November 2023

AUCTION TODAY...Thursday October 19th. Online Virtual Auction Ends Promptly at 6:30pm ET. Bidding is now open. Contact agent for details.

Join us for a unique online virtual auction on Thursday, October 19th, at 6:30pm ET. Bidding is now open for a chance to secure this exceptional mountain retreat.

Discover the Charm of Townsend, TN - 3 Bed, 3 Bath Home with Income Potential
Located at 374 Laurel Valley in the picturesque town of Townsend, Tennessee, this remarkable mountain home offers a serene escape with breathtaking panoramic views, Amish hand-crafted hickory floors, and a perfect fusion of natural beauty and contemporary comfort. It's not just a house; it's an invitation to immerse yourself in the tranquility of the Smoky Mountains.

This mountain haven, surrounded by towering pines, transcends the typical vacation home; it's a sanctuary for your soul. With its captivating interior, peaceful surroundings, and easy access to outdoor activities, it's the ideal place to disconnect from the daily hustle and reconnect with the beauty of nature. Create lasting memories and let this be your refuge in the woods.

Featuring three bedrooms and three bathrooms, this spacious home offers plenty of space for you and your guests to unwind and savor the mountain lifestyle. The hand-crafted hickory floors infuse warmth and character, creating an inviting and cozy atmosphere. Every window and the expansive outdoor deck frame mesmerizing sunrises and sunsets that paint the sky with vibrant hues.

This charming residence, nestled among tall pines, is your gateway to serenity. Step inside to discover beautiful interior finishes that warm your heart, from the inviting stone fireplace to the rustic yet elegant decor.

The cathedral ceilings in the living space create an open and cozy ambiance, welcoming you with open arms. The stone fireplace adds a rustic touch to the living area, reflecting the love and care invested in every corner of this beautiful home. Your private deck at the back of the cabin is your personal retreat - a place to sip morning coffee or unwind with a glass of wine while admiring the mountain views.
Situated in a highly sought-after community, this home offers a unique blend of privacy and access to a variety of amenities. Golf enthusiasts will appreciate the location, as this home overlooks the 16th green, allowing you to enjoy splendid golf course views right from your own backyard.
The community boasts a range of amenities, including a golf course for avid players, a clubhouse for social gatherings, fine dining options, and hiking trails for outdoor enthusiasts.
Relaxation Oasis: A bubbling hot tub beckons you to soak away your cares, surrounded by the soothing sounds of nature. It's the perfect place to unwind after a day of hiking or golfing.
Entertainment Hub: For movie nights and indoor fun, a cozy media room awaits. Gather with friends and family to watch your favorite films or engage in games, creating cherished memories.
Embrace Nature: Surrounded by a national park, this cabin offers endless opportunities for exploration and adventure. Explore pristine wilderness, observe wildlife, and immerse yourself in the beauty of the great outdoors.
Townsend, Tennessee, is a hidden gem in the Great Smoky Mountains, renowned for its friendly community, serene environment, and easy access to the natural wonders of the Smokies. Whether you seek outdoor adventures, a peaceful escape, or a year-round residence, Townsend offers it all.
Don't miss the chance to make this mountain home your own and embrace the beauty and tranquility of the Smoky Mountains. Contact us today to arrange a private tour and uncover the enchantment of 374 Laurel Valley in Townsend, TN. Your mountain dream awaits!
Peace and Comfort Surround You in this Natural Haven.

This is an auction, price displayed is not the final purchase price. Subject to owners acceptance and confirmation of offer. 10%buyers premium will apply to buyers final bid.

Last Agent to Sell the Property

Paige Holt

RE/MAX Properties License #358641 Listed on: 10/17/2023

RE/MAX Properties

Last Buyer's Agent

Comps Only

COMPS ONLY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,825

Year Built

  • Built in 2005

Lot Details

  • 8,276 Sq Ft Lot
  • Rural Setting
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $63 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,938 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Screened Porch
  • Mountain Views
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer

Parking

  • Garage
  • Parking Accessed On Kitchen Level

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Outbuilding

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 106c G 006.00

Community Details

Overview

  • Cold Springs Subdivision

Recreation

  • Golf Course Community
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,825

Year Built

Built in 2005

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Lot Size: 50 X 163.44 IRR
  • Subdivision Name: Cold Springs
  • Directions: Hwy. 321 to Townsend, right onto Old Tuckaleechee Rd., right onto Laurel Valley Rd., through main entrance of Laurel Valley, left onto Laurel Rd., right at the three-way stop, home is located on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Living Area: 2938.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 2005
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 106c G 006.00
  • Location Tax and Legal Elementary School: Townsend Elementary
  • Location Tax and Legal Middle Or Junior School2: Heritage Middle
  • Location Tax and Legal High School: Heritage High School
  • Location Tax and Legal:Tax Annual Amount: 1825.0
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.19
  • General Property Information Lot Size Square Feet2: 8276.4
  • General Property Information Lot Size Dimensions: 50 X 163.44 IRR
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • General Property Information Spa YN: Yes
  • General Property Information Senior Community YN: No
  • Remarks and Miscellaneous Public Remarks2: AUCTION TODAY...Thursday October 19th. Online Virtual Auction Ends Promptly at 6:30pm ET. Bidding is now open. Contact agent for details. Join us for a unique online virtual auction on Thursday, October 19th, at 6:30pm ET. Bidding is now open for a chance to secure this exceptional mountain retreat. Discover the Charm of Townsend, TN - 3 Bed, 3 Bath Home with Income Potential Located at 374 Laurel Valley in the picturesque town of Townsend, Tennessee, this remarkable mountain home offers a serene escape with breathtaking panoramic views, Amish hand-crafted hickory floors, and a perfect fusion of natural beauty and contemporary comfort. It's not just a house; it's an invitation to immerse yourself in the tranquility of the Smoky Mountains. This mountain haven, surrounded by towering pines, transcends the typical vacation home; it's a sanctuary for your soul. With its captivating interior, peaceful surroundings, and easy access to outdoor activities, it's the ideal place to disconnect from the daily hustle and reconnect with the beauty of nature. Create lasting memories and let this be your refuge in the woods. Featuring three bedrooms and three bathrooms, this spacious home offers plenty of space for you and your guests to unwind and savor the mountain lifestyle. The hand-crafted hickory floors infuse warmth and character, creating an inviting and cozy atmosphere. Every window and the expansive outdoor deck frame mesmerizing sunrises and sunsets that paint the sky with vibrant hues. This charming residence, nestled among tall pines, is your gateway to serenity. Step inside to discover beautiful interior finishes that warm your heart, from the inviting stone fireplace to the rustic yet elegant decor. The cathedral ceilings in the living space create an open and cozy ambiance, welcoming you with open arms. The stone fireplace adds a rustic touch to the living area, reflecting the love and care invested in every corner of this beautiful home.
  • Utilities:Electricity Available: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • View:Mountain(s): Yes
  • Appliances Dryer: Yes
  • Levels Three Or More: Yes
  • Laundry Features Laundry Room: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Whirlpool Tub2: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Lot Features Rural: Yes
  • Parking Features Kitchen Level2: Yes
  • Other Structures:Out Building: Yes
  • Auctioneer License: 6586
  • Special Features: VirtualTour

Interior Features

  • Private Spa: Yes
  • Appliances: Refrigerator, Microwave, Dryer, Disposal, Dishwasher
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Cathedral Ceiling(s), Open Floorplan, Pantry, Primary Downstairs, Separate Shower, Whirlpool Tub
  • Appliances Dishwasher: Yes
  • Community Features:Clubhouse: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Pantry: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Gas Log: Yes
  • Security Features:Gated Community: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Pool Features:Community: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Lot Features: Rural, Sloped, Wooded
  • Pool Features: Community
  • View: Mountain(s), Other
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Foundation Details: Slab
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch, Porch - Screened
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Sloped: Yes
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Kitchen Level
  • General Property Information:Garage YN: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
  • Security: Gated Community
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Underground Utilities
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf
  • Senior Community: No
  • Association Fee: 750.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 750.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Size Sq Ft: 8276.4
  • Additional Parcels: No
  • Parcel #: 106c G 006.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1825.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Nov 14, 2023
Sold by
Gullufsen Richard A and Gullufsen Linda A
Bought by
Otis Investment Llc
Seller's Agent
Paige Holt
RE/MAX Properties
Buyer's Agent
Comps Only
COMPS ONLY
List Price
$450,000
Sold Price
$617,100
Premium/Discount to List
$167,100
37.13%
Views
144
Current Estimated Value
$748,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,426
Avg. Annual Appreciation
9.49%
Original Mortgage
$493,680
Outstanding Balance
$325,846
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$422,680

Purchase Details

Closed on
Apr 3, 2002
Sold by
Geng Joy
Bought by
Gullufsen Richard

Purchase Details

Closed on
Jul 26, 1993
Bought by
Genz Joy and Maria Winiarski

Purchase Details

Closed on
Dec 3, 1987
Bought by
Regal Real Estate Company

Purchase Details

Closed on
Feb 15, 1972
Bought by
Laurel Lake Resorts Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Otis Investment Llc $617,100 None Listed On Document
Gullufsen Richard $31,500 --
Genz Joy $36,500 --
Regal Real Estate Company -- --
Laurel Lake Resorts Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otis Investment Llc $493,680
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2023 11/20/23 Sold $617,100 0.0% $210 / Sq Ft
10/20/2023 10/20/23 Price Changed $617,100 +37.1% $210 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $450,000 -- $153 / Sq Ft
Source: Greater Chattanooga REALTORS®

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
2025 $2,968 $186,680 $22,000 $164,680
2024 $1,855 $116,675 $13,750 $102,925
2023 $1,855 $116,675 $13,750 $102,925
2022 $1,823 $73,800 $12,375 $61,425
2021 $1,823 $73,800 $12,375 $61,425
2020 $1,823 $73,800 $12,375 $61,425
2019 $1,823 $73,800 $12,375 $61,425
2018 $1,795 $72,675 $13,750 $58,925
2017 $1,795 $72,675 $13,750 $58,925
2016 $1,795 $72,675 $13,750 $58,925
2015 $1,563 $72,675 $13,750 $58,925
2014 $1,740 $72,675 $13,750 $58,925
2013 $1,740 $80,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1380861

Greater Chattanooga REALTORS®

APN: 106C-G-006.00