7118 E Lamar Alexander Pkwy Townsend, TN 37882
2
Beds
2
Baths
1,980
Sq Ft
1.35
Acres
Highlights
- 1.35 Acre Lot
- Secluded Lot
- Traditional Architecture
- Deck
- Wooded Lot
- Cathedral Ceiling
About This Home
As of June 2024This is one of the only cabins that you will ever find that offers a combination of privacy and convenience, here in the heart of the Great Smoky Mountains. A picture-perfect case study in serene settings, but just a short walk to some of Townsend's most revered destinations. Cades Cove Winery, Apple Valley Restaurant and Store, the Dancing Bear Appalachian Bistro, Dancing Bean Coffee, are all a very short walk to the end of the private driveway.
Impeccably-maintained and expertly updated, this 2-bedroom 2-bath cabin features a gigantic extra sleeping loft! The primary bedroom and full bath are on the main level just off of the kitchen with the second bedroom on the basement level just off the game room. The sleeping loft currently features another King Bed along with an oversized futon. This property is being offered completely turnkey and ready to rent!
As an investment property, it sits in one of the fastest rising submarkets in the Smokies. Townsend is a hop skip and jump from it all. Cades Cove, Pigeon Forge, Gatlinburg, and Wears Valley are all just a short drive away. The town offers lots of new and exciting food destinations along with river rafting and fly fishing.
Make an appointment today to see this property before June, as it is completely sold out for overnight guests beginning June 1.
Granite Countertops. Premium Furnishings. Ultra-convenient location. Proven popularity with overnight guests. You've found your cabin in the Great Smoky Mountains at 7118 E Lamar Alexander Pkwy.
Last Agent to Sell the Property
Re/Max Cove Mountain Realty License #347885 Listed on: 04/22/2024
Co-Listed By
Lesley Adams
Re/Max Cove Mountain Realty License #332211
Last Buyer's Agent
NON MEMBER
NON MEMBER FIRM License #105
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,160
Year Built
- Built in 1998 | Remodeled
Lot Details
- 1.35 Acre Lot
- Property fronts a private road
- Property fronts a highway
- Landscaped
- Native Plants
- Secluded Lot
- Interior Lot
- Irregular Lot
- Gentle Sloping Lot
- Wooded Lot
- Many Trees
Parking
- Parking Pad
Home Design
- Traditional Architecture
- Cabin
- Slab Foundation
- Frame Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 3-Story Property
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Blinds
- Great Room
- Open Floorplan
- Bonus Room
- Storage
- Fire and Smoke Detector
- Granite Countertops
Flooring
- Carpet
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Laundry in Kitchen
- Washer and Electric Dryer Hookup
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Deck
- Covered patio or porch
- Exterior Lighting
- Shed
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Septic Tank
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 2R1
- Assessor Parcel Number 129.03
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2024
Closed on
Jun 17, 2024
Sold by
Sharp Michael D and Sharp Leanne M
Bought by
Carraway G Bryan G and Carraway Linda K
Seller's Agent
Jeromy Adams
Re/Max Cove Mountain Realty
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$589,000
Sold Price
$560,000
Premium/Discount to List
-$29,000
-4.92%
Total Days on Market
11
Views
54
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,542
Avg. Annual Appreciation
-8.54%
Original Mortgage
$215,000
Outstanding Balance
$213,266
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$301,192
Purchase Details
Closed on
Mar 4, 2022
Sold by
Reno and Janet
Bought by
Sharp Michael D and Sharp Leanne M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 17, 2016
Closed on
Mar 1, 2017
Sold by
Tipton Charles W
Bought by
David Reno and David Janet
Seller's Agent
Cyndie Cornelius
Why The Smokies, LLC
Buyer's Agent
Cyndie Cornelius
Why The Smokies, LLC
List Price
$174,900
Sold Price
$174,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.97%
Original Mortgage
$139,920
Interest Rate
4.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 26, 2016
Sold by
Tipton Charles W and Tipton Lisa D
Bought by
Tipton Charles W and Tipton Lisa D
Purchase Details
Closed on
Aug 10, 1966
Bought by
Tipton William E and Tipton Grace M
Similar Homes in Townsend, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $560,000 | Independence Title | |
| Warranty Deed | $450,000 | None Listed On Document | |
| Warranty Deed | $174,900 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $215,000 | New Conventional | |
| Previous Owner | $405,000 | New Conventional | |
| Previous Owner | $184,000 | New Conventional | |
| Previous Owner | $139,920 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2024 06/17/24 | Sold | $560,000 | -4.9% | $283 / Sq Ft |
| 05/04/2024 05/04/24 | Pending | -- | -- | -- |
| 04/22/2024 04/22/24 | For Sale | $589,000 | +236.8% | $297 / Sq Ft |
| 05/30/2020 05/30/20 | Off Market | $174,900 | -- | -- |
| 03/01/2017 03/01/17 | Sold | $174,900 | 0.0% | $100 / Sq Ft |
| 12/12/2016 12/12/16 | Pending | -- | -- | -- |
| 05/17/2016 05/17/16 | For Sale | $174,900 | -- | $100 / Sq Ft |
Source: Great Smoky Mountains Association of REALTORS®
Tax History Compared to Growth
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 | $1,161 | $73,000 | $20,275 | $52,725 |
| 2023 | $1,161 | $73,000 | $20,275 | $52,725 |
| 2022 | $1,071 | $43,375 | $17,725 | $25,650 |
| 2021 | $1,071 | $43,375 | $17,725 | $25,650 |
| 2020 | $1,071 | $43,375 | $17,725 | $25,650 |
| 2019 | $1,071 | $43,375 | $17,725 | $25,650 |
| 2018 | $1,038 | $42,025 | $17,725 | $24,300 |
| 2017 | $1,038 | $42,025 | $17,725 | $24,300 |
| 2016 | $1,038 | $42,025 | $17,725 | $24,300 |
| 2015 | $904 | $42,025 | $17,725 | $24,300 |
| 2014 | $905 | $42,025 | $17,725 | $24,300 |
| 2013 | $905 | $42,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeromy Adams
Seller's Agent in 2024
Jeromy Adams
RE/MAX
(281) 630-6995
2 in this area
32 Total Sales
-
Seller Co-Listing Agent in 2024
Lesley Adams
RE/MAX
(865) 360-8064
6 in this area
88 Total Sales
-
N
Buyer's Agent in 2024
NON MEMBER
NON MEMBER FIRM
-
Seller's Agent in 2017
Cyndie Cornelius
Why The Smokies, LLC
Map
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 300562
APN: 096-129.03
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