$560,000
SOLD JUN 17, 2024

7118 E Lamar Alexander Pkwy Townsend, TN 37882

2 Beds
2 Baths
1,980 Sq Ft
1.35 Acres

Recently Sold

$283 Per Sq Ft

5% Below List Price

11 Days on Market

Highlights

  • 1.35 Acre Lot
  • Secluded Lot
  • Traditional Architecture
  • Deck
  • Wooded Lot
  • Cathedral Ceiling

About This Home

As of June 2024

This 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

Jeromy Adams

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,160

Year Built

Built in 1998 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Zoning: R-1
  • Current Use: Investment, Residential, Single Family, Other
  • CoListOfficeEmail: emillertn@gmail.com
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, In Kitchen, Main Level, Washer Hookup
  • ResoLotFeatures: Gentle Sloping, Interior Lot, Irregular Lot, Landscaped, Many Trees, Native Plants, Secluded, Wooded
  • ResoPoolFeatures: None
  • Road Frontage Type: Highway, Private Road, State Road
  • Road Surface Type: Gravel
  • ResoSecurityFeatures: Smoke Detector(s)
  • Pets Allowed: Yes
  • Co List Office Mls Id: 24
  • Co List Office Mls Id: 24
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 1260.0
  • Architectural Style: Cabin, Traditional
  • Fireplace: Yes
  • Reso Flooring: Carpet, Luxury Vinyl
  • Garage Yn: No
  • Unit Levels: One, Three Or More, Two
  • New Construction: No
  • Reso Other Structures: Shed(s), Storage
  • Reso Property Condition: Updated/Remodeled
  • Skirt: ["None"]
  • ResoWindowFeatures: Blinds
  • Financial Info Electric: Circuit Breakers
  • Location Tax and Legal New Construction YN: No
  • Location Tax and Legal Parcel Number2: 129.03
  • Location Tax and Legal Tax Lot2: 2R1
  • Location Tax and Legal:Tax Annual Amount: 1160.0
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Lot Size Acres: 1.35
  • General Property Information Above Grade Finished Area: 1260.0
  • General Property Information Below Grade Finished Area: 720.0
  • General Property Information Bonus Room YN2: Yes
  • General Property Information:Furnished: Furnished
  • General Property Information Construction Type2: Site Built
  • Architectural Style Cabin2: 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
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Water Available: Yes
  • Levels Three Or More: Yes
  • Road Surface Type Gravel2: Yes
  • Levels:One: Yes
  • Foundation Details Slab: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures Storage4: Yes
  • Road Frontage Type:Private Road: Yes
  • Road Frontage Type:State Road: Yes
  • General Property Information:Stories Total: 3
  • General Property Information Fireplace YN: Yes
  • Interior Features KitchenDining Combo: Yes
  • Interior Features LivingDining Combo: Yes
  • Laundry Features:Main Level: Yes
  • Exterior Features Lighting2: Yes
  • Flooring Luxury Vinyl: Yes
  • Main Room Levels Main Level Bathrooms: 1
  • Main Room Levels Main Level Bedrooms: 1
  • Architectural Style Traditional: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring:Carpet: Yes
  • Pets Allowed:Yes: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Utilities:High Speed Internet Available: Yes
  • Electric:Circuit Breakers: Yes
  • Road Frontage Type Highway: Yes
  • General Property Information Planned Unit Development (PUD): No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Basement: Basement, Finished, Full, Walk-Out Access
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Great Room, High Speed Internet, Kitchen/Dining Combo, Living/Dining Combo, Storage
  • Street Number Modifier: 7118
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 720.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 3
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Storage3: Yes
  • Laundry Features:In Kitchen: Yes

Exterior Features

  • Exterior Features: Lighting, Rain Gutters, Storage
  • Roof: Composition
  • Fencing: None
  • Acres: 1.35
  • Common Walls: No Common Walls
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Storage2: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Irregular Lot: Yes
  • Lot Features:Interior Lot: Yes
  • Lot Features:Many Trees: Yes
  • Lot Features:Secluded: Yes
  • Lot Features:Gentle Sloping: Yes
  • Window Features:Blinds: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Native Plants: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet Available, Water Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 58806.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 129.03
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1160.0
  • 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
$514,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,550
Avg. Annual Appreciation
-8.21%
Original Mortgage
$215,000
Outstanding Balance
$212,726
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$290,865

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
13.18%
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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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: 300562

Great Smoky Mountains Association of REALTORS®

APN: 096-129.03