NOT LISTED FOR SALE

909 School House Gap Rd Townsend, TN 37882

Estimated Value: $402,072

2 Beds
1.5 Baths
1,600 Sq Ft
$251/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $480,000 $300 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $2,244/month

14 Days on Market

Highlights

  • RV Access or Parking
  • Mountain View
  • Private Lot
  • 2.95 Acre Lot
  • Deck
  • Wooded Lot

About This Home

As of March 2022

This 1600 sq ft 2 bed 1.5 bath home is attached to a 2400 sq ft shop and located in beautiful Townsend, Tennessee. Nestled among 1.92 acres, this ''barndominium'' style home is cradled by the surrounding Smoky Mountains in the quiet Dry Valley community. The one of a kind property features a large private lot with mountain views that are directly out of a postcard! Situated directly across the mountain from Cades Cove, a top destination in the Great Smoky Mountain National Park, and just minutes away from the world famous Tuckaleechee Caverns. This wonderful home boasts beautiful custom cabinetry by the renowned Cedar Creek Wood Works, formerly located on the property as the owner's family ran business. Their work is featured in prominent homes and cabins throughout the region. You will find a gorgeous cathedral ceiling in the living room and a beautiful spiral stair case that leads to the 2 large bedrooms. The Kitchen includes custom solid wood cabinets with full extension soft close drawers, granite countertops, stainless steel appliances and a walk-in pantry. The main bedroom features a spacious walk-in closet. A hydronic heating system serves the 800 sq ft basement living area and the entire 2400 sq ft shop. A Large deck overlooks the property and provides the perfect place for afternoon gatherings. Located just outside the main bedroom is a private covered patio leading out to large back yard. The property is divided into two parcels on one lot, both currently zoned residential, with one parcel being previously zoned for the commercial cabinet shop. This provides the potential for a one of a kind opportunity to live and work from home with the proper re-zoning approval. Bring all your tools or toys and fall in love with the huge 2400 sq ft garage area that is built for work or play. This rare opportunity to purchase this sprawling home in Townsend will not last so schedule your showing today! If 1.92 acres isn't enough, successful buyers may purchase the neighboring lot adding an additional 1.03 acres for 75K* *adjacent lot of 1.03 acres is available for purchase with the home only, not for sale separately* 2 Electric meters, one for home and one for shop

Last Agent to Sell the Property

Chris Kilby

Blevins Grp, Realty Executives License #358805 Listed on: 02/23/2022

Blevins Grp, Realty Executives

Last Buyer's Agent

AMBER DANIELS

NON-MEMBER License #315518

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $505

Year Built

  • Built in 2006

Lot Details

  • 2.95 Acre Lot
  • Private Lot
  • Wooded Lot

Property Views

  • Mountain
  • Forest

Home Design

  • Metal Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Radiant Floor
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Attached Garage
  • Side or Rear Entrance to Parking
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • Zoned Heating and Cooling System

Community Details

  • Sparks Property Subdivision

Listing and Financial Details

  • Assessor Parcel Number 107 069.03 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$505

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions: From Maryville, 321 to Old Tuckaleechee Rd. Right on Old Cades Cove Rd, Left on Dry Valley Rd, Left on Schoolhouse Gap Rd. Property on left with sign
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2006
  • Lot Size Acres: 2.95
  • Subdivision Name: Sparks Property
  • Architectural Style: Other
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Other, Dishwasher, Self Cleaning Oven, Refrigerator, Microwave
  • Has Basement: Finished, Walkout
  • Fireplace: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Other, None
  • Flooring: Laminate, Radiant Floors
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Patio, Deck
  • View: Mountain View, Wooded, Other
  • Lot Features: Private, Wooded
  • Construction Type: Metal Siding
  • Other Structures: Storage

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, RV Parking, Side/Rear Entry, Off-Street Parking

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 128502.0
  • Parcel #: 107 069.03 000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2024
Sold by
Oldham Mark and Oldham Sharon
Bought by
Oldham Rachel
Current Estimated Value
$402,072

Purchase Details

Listed on
Feb 23, 2022
Closed on
Mar 31, 2022
Sold by
Burns and Joe
Bought by
Oldham Mark and Oldham Sharon
Seller's Agent
Chris Kilby
Blevins Grp, Realty Executives
Buyer's Agent
AMBER DANIELS
NON-MEMBER
List Price
$549,900
Sold Price
$480,000
Premium/Discount to List
-$69,900
-12.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.70%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oldham Rachel $400,000 None Listed On Document
Oldham Mark $480,000 Jackson & Weier Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oldham Mark $325,000
Previous Owner Burns Joe H $85,000
Previous Owner Burns Kathy D $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Off Market $489,900 -- --
03/31/2022 03/31/22 Sold $480,000 0.0% $300 / Sq Ft
03/31/2022 03/31/22 Sold $480,000 -12.7% $300 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/09/2022 03/09/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $549,900 -- $344 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $505 $31,775 $6,450 $25,325
2023 $505 $31,775 $6,450 $25,325
2022 $687 $27,825 $6,450 $21,375
2021 $687 $27,825 $6,450 $21,375
2020 $687 $27,825 $6,450 $21,375
2019 $687 $27,825 $6,450 $21,375
2018 $632 $25,575 $5,700 $19,875
2017 $632 $25,575 $5,700 $19,875
2016 $1,011 $40,920 $9,120 $31,800
2015 $880 $40,920 $9,120 $31,800
2014 $888 $40,920 $9,120 $31,800
2013 $888 $41,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1181653

East Tennessee REALTORS® MLS

APN: 107-069.03