NOT LISTED FOR SALE

480 Laurel Valley Rd Townsend, TN 37882

Estimated Value: $551,715 - $734,000

2 Beds
2.5 Baths
1,434 Sq Ft
$443/Sq Ft Est. Value

Last Sold December 14, 2012

Last sale price $272,000 $190 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $3,516/month

294 Days on Market

Highlights

  • Mountain View
  • Cathedral Ceiling
  • No HOA
  • Deck
  • Great Room
  • Den

About This Home

As of December 2012

Astounding mountain views from newly and completely renovated mountain beauty. Exquisite craftsman style finish and detail in every room. Kitchen will inspire the most demanding chefs. Large walk-in closet in Master Bedroom. French doors to covered and uncovered decks. 10x36 basement workshop. Laundry room. Pella windows. Freshly stained cedar siding. Immaculate, warm and inviting.

Last Agent to Sell the Property

Cyndie Cornelius

Why The Smokies, LLC License #316845 Listed on: 01/16/2012

Last Buyer's Agent

Cyndie Cornelius

Why The Smokies, LLC License #316845 Listed on: 01/16/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,294

Year Built

  • Built in 1998

Lot Details

  • 0.45 Acre Lot
  • Property fronts a county road

Home Design

  • Combination Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 1,434 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Mountain Views
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Soaking Tub

Partially Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Rain Gutters

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,294

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Zoning: Residential
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 513
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 1434.0
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Reso Other Structures: Workshop
  • ResoWindowFeatures: Double Pane Windows, Window Treatments
  • Location Tax and Legal Tax Lot2: 5
  • Location Tax and Legal:Tax Annual Amount: 1294.0
  • Location Tax and Legal Tax Year2: 2011
  • General Property Information Lot Size Acres: 0.45
  • General Property Information Above Grade Finished Area: 1434.0
  • General Property Information:Bathrooms Half: 1
  • General Property Information Bonus Room YN2: No
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • General Property Information View YN2: Yes
  • Appliances Disposal: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Room Types Bedroom 2 Level: 1
  • Room Types Dining Room: Yes
  • Room Types Dining Room Level: 1
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Primary Bedroom Level: 1
  • Road Frontage Type County Road: Yes
  • Utilities:Cable Available: Yes
  • Road Surface Type Gravel2: Yes
  • Levels:One: Yes
  • Other Structures:Workshop: Yes
  • Foundation Details Combination: Yes
  • Room Types Den: Yes
  • Room Types Den Level: 1
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Exterior Entry, Partially Finished, Walk-Out Access
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Range Hood, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Great Room, High Speed Internet, Soaking Tub, Walk-In Closet(s)
  • Street Number Modifier: 480
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Total Bedrooms: 12
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Range Hood: Yes
  • Basement:Exterior Entry: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Acres: 0.45
  • View: Yes
  • Home Warranty: No
  • Construction Type: Cedar, Frame, Wood Siding
  • Foundation Details: Combination
  • Patio And Porch Features: Deck, Patio
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Cedar: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Paved
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 19602.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1294.0
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2012
Closed on
Dec 14, 2012
Sold by
Griffiths Lee W Nancy A
Bought by
Gourley Michael and Gourley Sandra K
Seller's Agent
Cyndie Cornelius
Why The Smokies, LLC
Buyer's Agent
Cyndie Cornelius
Why The Smokies, LLC
List Price
$299,000
Sold Price
$272,000
Premium/Discount to List
-$27,000
-9.03%
Current Estimated Value
$635,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,679
Avg. Annual Appreciation
6.82%
Original Mortgage
$217,600
Outstanding Balance
$150,295
Interest Rate
3.38%
Mortgage Type
Commercial
Estimated Equity
$485,384

Purchase Details

Closed on
Jan 24, 2006
Sold by
Hall Stephen K
Bought by
Griffiths Lee W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,200
Interest Rate
6.14%

Purchase Details

Closed on
Jun 19, 2003
Sold by
Lachance Arlan A
Bought by
Hall Stephen K

Purchase Details

Closed on
Dec 9, 1996
Sold by
Roever William E and Roever Estelle
Bought by
Lachance Arlan

Purchase Details

Closed on
Feb 2, 1968
Bought by
Roever William E and Roever Estelle H
Source: Public Records

Range of Values:

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Average Value
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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
Gourley Michael $272,000 --
Griffiths Lee W $256,500 --
Hall Stephen K $164,350 --
Lachance Arlan $10,000 --
Roever William E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gourley Michael $217,600
Previous Owner Roever William E $205,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2016 03/13/16 Off Market $272,000 -- --
12/14/2012 12/14/12 Sold $272,000 -9.0% $190 / Sq Ft
11/05/2012 11/05/12 Pending -- -- --
01/16/2012 01/16/12 For Sale $299,000 -- $209 / Sq Ft
Source: Great Smoky Mountains Association of 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 $1,872 $117,750 $0 $0
2024 $1,872 $117,750 $12,500 $105,250
2023 $1,872 $117,750 $12,500 $105,250
2022 $1,922 $77,800 $11,250 $66,550
2021 $1,922 $77,800 $11,250 $66,550
2020 $1,922 $77,800 $11,250 $66,550
2019 $1,922 $77,800 $11,250 $66,550
2018 $1,894 $76,700 $12,500 $64,200
2017 $1,894 $76,700 $12,500 $64,200
2016 $1,894 $76,700 $12,500 $64,200
2015 $1,439 $66,925 $12,500 $54,425
2014 $1,294 $66,925 $12,500 $54,425
2013 $1,294 $60,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 171975

Great Smoky Mountains Association of REALTORS®

APN: 095N-B-009.00