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$465,000   Price Analysis
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224 Penni Ln
Townsend, TN 37882
1 bed 2 bath 720 SqFt ($645/SqFt)
0.72 acre lot. Built 1993
Listed 2024-06-15, HOA $92, Taxes $909
USDA Eligible
near Townsend, TN
 

Rustic charm!

Adorable cabin in the hghly desirable Laurel Valley community in Townsend. Currently a successful rental with over 300 exceptional reviews on VRBO. Private location surrounded by pretty wooded, seasonal mountain views from the 2 levels of porches. Hardwood floors, granite countertops, hickory cabinets and a gorgeous stacked stone wood burning fireplace.

Minutes to the river, hiking, restaurants, shopping and National Park entrance. Laurel Valley is gated and offers a golf course, pool, fitness center and clubhouse with restaurant. Recent upgrades include a new roof and tongue and groove interior ceilings. Being sold turn key and ready for continued use as an overnight rental, vacation home or permanent residence.


Presented by Jeromy Adams at
RE/MAX Cove Mountain .


Property MLS #301586 from GreatSmokyMtns

Bedrooms: 1

Total Bathrooms: 2
Full Bathrooms: 2

Ceiling Fan(s)
Granite Counters
Kitchen/Dining Combo
Flooring: Hardwood, Tile

Dishwasher
Dryer
Electric Cooktop
Electric Range
Electric Water Heater
Refrigerator
Washer
Laundry Features: In Kitchen

Cooling Features: Central Air
Fireplace Features: Wood Burning
Heating Features: Central
Heating: Yes
Number of Fireplaces: 1

Exercise Room: Yes

Gas Grill
Patio And Porch Features: Covered, Deck, Enclosed, Porch
Patio Description: Covered, Deck, Enclosed, Porch

Landscaping: Gas Grill
Lot Size Acres: 0.72
Lot Size Square Feet: 31363

Association: Yes
Association Amenities: Security
Association Fee: 1100
Association Fee Frequency: Annually
Association Fee Amenities: Security
Association Fee Includes: Maintenance Grounds, Roads, Security, Trash
Calculated Total Monthly Association Fees: 92
Association Name: Laurel Valley HOA
Association Phone: 5042347612

Community Features: Fitness Center, Golf, Pool

Annual Tax Amount: 902.72
Source Listing Status: Active
County: Blount
Current Use: Investment, Residential
Directions: Continue straight through gate at Laurel Valley. Turn Right on Cutter Gap and Left on Mountain Loft. Turns into Penni Lane. Cabin on the Right.
Tax Year: 2023
Source Property Type: Residential
Area: Townsend/Walland
MLS Area Minor: Townsend/Walland
Source Neighborhood: Laurel Valley Golf Course
Parcel Number: 095N A 006.03
Subdivision: Laurel Valley Golf Course
Zoning: R-1
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$36,800
$909
2021$unknown + $unknown
$36,800
$909
2020$unknown + $unknown
$36,800
$909
2019$unknown + $unknown
$36,800
$909
2018$unknown + $unknown
$37,675
$931
2017$unknown + $unknown
$37,675
$931
2016$unknown + $unknown
$37,675
$931
2015$unknown + $unknown
$37,675
$931
2014$unknown + $unknown
$39,800
$856
2013$unknown + $unknown
$39,800
$856
2012$unknown + $unknown
$39,800
$856
2011$unknown + $unknown
$39,800
$856
2010$unknown + $unknown
$39,800
$812
2009$unknown + $unknown
$38,325
$855
2008$unknown + $unknown
$38,325
$855
2007$unknown + $unknown
$36,950
$824

Listed 2024-06-15
$465,000
GreatSmokyMtns
Sold 2024-01-08
$350,000
Public Record
Sold 2015-09-08
$141,000
Public Record
Listing removed 2015-09-04
$159,999
EastTennessee
Listing removed 2015-08-28
$149,900
EastTennessee
Listing removed 2015-08-24
$159,999
GreatSmokyMtns
Price Changed 2015-08-03
$159,999
EastTennessee
Price Changed 2015-08-01
$159,999
GreatSmokyMtns
Listed 2015-06-15
$149,900
EastTennessee
Listed 2015-02-09
$169,900
EastTennessee
Listed 2015-02-09
$169,900
GreatSmokyMtns
Listing removed 2012-04-28
$155,000
GreatSmokyMtns
Listing removed 2012-04-28
$155,000
EastTennessee
Sold 2012-04-27
$150,000
Public Record
Listed 2012-04-01
$155,000
GreatSmokyMtns
Listed 2012-03-31
$155,000
EastTennessee
Listing removed 2012-01-15
$160,000
EastTennessee
Listed 2011-08-27
$160,000
EastTennessee
Listing removed 2011-05-03
$173,000
EastTennessee
Price Changed 2011-01-29
$173,000
EastTennessee
Price Changed 2010-08-22
$180,000
EastTennessee
Listed 2010-05-02
$199,900
EastTennessee
Sold 2000-10-05
$117,230
Public Record

Total Square Feet Living: 720
Year Built: 1993
Above Grade Finished Area: 720
Building Area Total: 720
Building Exterior Type: Log Siding
Construction Materials: Log Siding
Foundation Details: Combination
Property Age: 31
Roof: Composition
House Style: Cabin
Architectural Style: Cabin

Sewer: Septic Tank
Electricity Available
Internet Connected
Water Source: Well

Townsend Elementary School is a public elementary school located approximately 3 miles away.
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Heritage Middle School is a public middle school located approximately 6.6 miles away.
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Heritage High School is a public high school located approximately 6.7 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.