$174,900
SOLD MAR 1, 2017

7118 E Lamar Alexander Pkwy Townsend, TN 37882

2 Beds
2 Baths
1,750 Sq Ft
1.35 Acres

Recently Sold

$100 Per Sq Ft

209 Days on Market

Highlights

  • 1.35 Acre Lot
  • No HOA
  • Central Air
  • Deck
  • Log Cabin
  • Wood Burning Fireplace

About This Home

As of June 2024

Tip-To-N is a great cabin in an even better location in the heart of Townsend! Right off of E Lamar Alexander Pkwy next to Apple Valley and Cades Cove Winery. Only minutes from the Cades Cove entrance to the National Park. This cabin is very well built and in wonderful condition. It offers privacy and is surrounded by nature! The main level features the living area, kitchen and a bedroom and bath. The spacious loft offers another sleeping area with a large jetted tub. There is even more room in the basement with another living area, bedroom and bathroom. There are 2 porches to sit and soak in the beautiful surroundings. This cabin is currently on a rental program and would make a great investment property, or use it for your very own vacation home in the Smoky Mountains!

Last Agent to Sell the Property

Cyndie Cornelius

Why The Smokies, LLC License #316845 Listed on: 05/17/2016

Co-Listed By

Lesley Adams

Why The Smokies, LLC

Last Buyer's Agent

Cyndie Cornelius

Why The Smokies, LLC License #316845 Listed on: 05/17/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,038

Year Built

  • Built in 1998

Lot Details

  • 1.35 Acre Lot
  • Property fronts a private road

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • Wood Burning Fireplace
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Private Parking
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot /2R1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,038

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Zoning: Residential
  • CoListOfficeEmail: Answers@WhyTheSmokies.com
  • Reso Property Sub Type: Single Family Residence
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 513
  • Co List Office Phone: 865-448-3888
  • Co List Office Mls Id: 513
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 1026.0
  • Architectural Style: Log
  • Fireplace: Yes
  • Garage Yn: No
  • Location Tax and Legal Tax Lot2: /2R1
  • Location Tax and Legal:Tax Annual Amount: 1038.0
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Lot Size Acres: 1.35
  • General Property Information Above Grade Finished Area: 1026.0
  • General Property Information Below Grade Finished Area: 724.0
  • 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
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Log2: Yes
  • Cooling:Central Air: Yes
  • Security Features:Smoke Detector(s): Yes
  • Water Source:Public: Yes
  • Road Surface Type Gravel2: Yes
  • Road Frontage Type:Private Road: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Walk-Out Access
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Street Number Modifier: 7118
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 724.0
  • Fireplace Features: Wood Burning
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement Finished: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Acres: 1.35
  • Home Warranty: No
  • Construction Type: Log
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Private
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Private3: Yes

Utilities

  • Cooling: Central Air, Electric
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 58806.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1038.0
  • Tax Lot: /2R1

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%
Views
54
Current Estimated Value
$503,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,409
Avg. Annual Appreciation
-4.02%
Original Mortgage
$215,000
Outstanding Balance
$213,266
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$321,384

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
14.17%
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
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 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

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 $1,161 $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

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 203343

Great Smoky Mountains Association of REALTORS®

APN: 096-129.03