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$514,900   Price Analysis
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109 Cutter Gap Rd
Townsend, TN 37882
1 bed 2 bath 1,248 SqFt ($412/SqFt)
0.39 acre lot. Built 1997
Listed 2024-03-04, HOA $92, Taxes $1,089
USDA Eligible
near Townsend, TN
 

Property Details

* No Longer For Sale *
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2 bedroom layout plus Loft 2 full baths Looking for a getaway in the Great Smoky Mountains - the #1 visited National Park in the US? Always dreamed of owning a cabin in the woods? Looking for a way to have an income producing property? Check out this Townsend, TN home tucked in the almost 1, 400 acre MOUNTAIN and gated community of Laurel Valley. This beautifully decorated and located CABIN is waiting for you to make it your Primary Residence, Vacation Home or INCOME PRODUCING Short Term Rental on the ''Quiet Side of the Smokies.'' Owner updates include: - bathroom remodel including large walk-in shower - addition of hot tub - including necessary plumbing and electrical updates - updating the walk-in crawl space to include full size washer and dryer (this is in addition to the stacked unit within the home) update allows for more efficient TURNS when preparing for guests - addition of 2nd hot water heater to supply hot tub There is a small stream at the lower end of the property. Note this is a 2 bedroom layout with a septic rated for 1 bedroom. Note that this property is operating as a Short Term Rental.

It is actively listed on VRBO and AirBNB - allowing the owners to benefit from the investment opportunity this community allows. Any and all showings will need to be scheduled around guests. Not wanting to operate a STR - no problem. Turn it into your Primary Residence. Want to explore the world of STR? Keep reading. This is a turn key operation - pending new listing profiles setup by new owners or owner property management company on STR platforms. It is intended to be sold turn-key (all furniture, linens and appliances). Seller has a rental management company lined up for new owner to interview and transition all existing future bookings to. Management for 90 days with acceptable offer offered through after 90 days new owner can opt for a plan through this company, take over management and create their own online STR profiles or mve to the management company of their choosing which will also require creating new STR profiles. For insight on this rental go here for more info on the current AirBnb listing-- Laurel Valley HOA info can be found here -- Wild Laurel (golf course, swimming pool, workout facility, restaurant and bar info located here, including membership fees. Note - Wild Laurel is located within the Laurel Valley Community but is independently owned and operated. A separate membership is required outside of Laurel Valley HOA. -- Buyer and Buyer's Agent should verify any and all information. Documentation supporting Gross Revenue will be shared with verified buyers agents. Gross Revenue includes cleaning fee for each stay of $167.


Presented by Dena Miller at
Realty Executives Associates.


Property MLS #1254600 from EastTennessee

Bedrooms: 1

Total Rooms: 5
Basement Features: Crawl Space, Roughed In
Basement Description: Crawl Space, Roughed In
Extra Room-1 Description: No

Total Bathrooms: 2
Full Bathrooms: 2

Cathedral Ceiling(s)
Walk-In Closet(s)
Eat-in Kitchen
Flooring: Laminate, Hardwood, Tile

Dishwasher
Dryer
Smoke Detector
Refrigerator
Microwave
Washer

Fireplace Features: Stone, Wood Burning
Heating Features: Central, Forced Air, Electric
Heating: Yes
Number of Fireplaces: 1

Windows - Storm
Porch - Covered
Deck

Lot Description: Creek, Wooded, Golf Community, Rolling Slope
Lot Size Acres: 0.39
Lot Size Dimensions: 100*185*102*155
Lot Size Source: Tax Records
Lot Size Square Feet: 16988

Parking Features: Designated Parking, Off-Street Parking

View: Wooded
Security Features: Gated Community

Association: Yes
Association Amenities: Clubhouse, Golf Course, Recreation Facilities, Pool
Association Fee: 1100
Association Fee Frequency: Annually
Association Fee Includes: Trash, Security
Calculated Total Monthly Association Fees: 92

High School: Heritage
Middle School: Heritage

Townsend Elementary School is a public elementary school located approximately 2.7 miles away.
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Heritage Middle School is a public middle school located approximately 6.8 miles away.
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Heritage High School is a public high school located approximately 7 miles away.
directions icon Map directions

Annual Tax Amount: 1089.27
Tax Block: B
Source Listing Status: Closed
County: Blount County - 28
Directions: From Maryville - Take 321 to Townsend Take RIGHT on to Old Tuckaleechee Rd .4 miles Take RIGHT onto Laurel Calley Rd .8 miles Continue straight onto Country Club Dr 400 feet Turn RIGHT onto Cutter Gap Rd for 500 feet Driveway on LEFT
Disclaimer: No
Source Property Type: Single Family
Area: Blount County - 28
MLS Area Minor: Blount County - 28
Source Neighborhood: Fairlight
Owner Pays: Trash
Parcel Number: 095K B 024.00
Subdivision: Fairlight
Property Subtype: Residential
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$44,100
$1,089
2021$unknown + $unknown
$44,100
$1,089
2020$unknown + $unknown
$44,100
$1,089
2019$unknown + $unknown
$44,100
$1,089
2018$unknown + $unknown
$44,125
$1,090
2017$unknown + $unknown
$44,125
$1,090
2016$unknown + $unknown
$44,125
$1,090
2015$unknown + $unknown
$44,125
$1,090
2014$unknown + $unknown
$45,750
$984
2013$unknown + $unknown
$45,750
$984
2012$unknown + $unknown
$45,750
$984
2011$unknown + $unknown
$45,750
$984
2010$unknown + $unknown
$45,750
$933
2009$unknown + $unknown
$43,225
$964
2008$unknown + $unknown
$43,225
$964
2007$unknown + $unknown
$43,225
$964

Sold 2024-05-09
$495,000
EastTennessee
Listed 2024-03-04
$514,900
EastTennessee
Sold 2021-05-03
$318,000
Public Record

Total Square Feet Living: 1248
Year Built: 1997
Building Area Total: 1248
Building Exterior Type: Wood Siding, Block, Log
Construction Materials: Wood Siding, Block, Log
Living Area Source: Tax Records
Property Age: 27
Total Area Sqft: 1248
Architectural Style: Cottage, Cabin

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.