1 month on rocket

Sale Pending

109 Cutter Gap Rd, Townsend, TN, 37882

$514,900

Home List Price

$6,114*

Closing Credit

1 Bedroom
2 Full Baths
1,248 SqFt
$413/SqFt
House
Schools Nearby

Location

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109 Cutter Gap Rd, Townsend$514,900

Buyer Closing Credits

$6,114*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDesignated Parking, Off-Street Parking
Year Built1997
HeatingCentral, Forced Air, Other, Electric
WaterfrontCreek
FireplaceStone, Wood Burning
ViewTrees/Woods
MLS #1254600
Lot Size0.39 Acres
StatusSale Pending
(Pending - Continue to Show - Inspection)

About 109 Cutter Gap Rd

*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 & 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 https://www.bearycozycabinrentals.com/ after 90 days new owner can opt for a plan through this company, take over management and create their own online STR profiles, or move 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-- https://air.tl/atOKLOcR Laurel Valley HOA info can be found here -- https://www.laurelvalley.org/ 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. -- https://www.wildlaurel.us/ 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.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, Cabin
  • Year Built: 1997
  • Living Area: 1,248 SqFt

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 983-0011

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Refrigerator, Microwave, Washer
  • Basement: No
  • Flooring Type: Laminate, Hardwood, Tile, Other
  • Interior: Cathedral Ceiling(s), Walk-In Closet(s), Eat-in Kitchen
  • Fireplace: Stone, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Creek
  • View: Trees/Woods
  • Exterior: Windows - Storm, Porch - Covered, Deck

Parking Information:

  • Attached Garage: No
  • Parking: Designated Parking, Off-Street Parking

Lot Features

Lot Information:

  • Lot: Creek, Wooded, Near Golf Course, Rolling/Hilly
  • Lot Size: 0.39 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Other, Electric

School Info

Assigned Schools Information:

  • Heritage High School, Public District Grades 9-12
  • Heritage Middle School, Public District Grades 6-8
  • Townsend Elementary School, Public District Grades KG-5

Other

Directions Information:

  • 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

Price Information

Listing Price Info

Price Summary:

  • List Price: $514,900
  • Price Per SqFt: $413/SqFt

HOA Fees:

  • Amount: $1100
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,089
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1254600

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 983-0011

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 11:20:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 03, 2021Home Sold
$318,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,089$44,100
2019$1,090$44,100
2018$1,090$44,125
2017$1,090$44,125

History based on county public records data.

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$2,728

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,610

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1703818
5
/10
  • Townsend Elementary School

  • 140 Tiger Dr

  • 2.72 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1703819
5
/10
  • Heritage Middle School

  • 3737 East Lamar Alex Parkway

  • 6.89 miles

  • Public District Grades 6-8

High School

school-card-donut-1703820
5
/10
  • Heritage High School

  • 3741 East Lamar Alex Parkway

  • 6.94 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,000. The majority of Blount County, TN residents have income between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 109 Cutter Gap Rd

What is the listing price of this property?

The listing price of 109 Cutter Gap Rd property is $514,900.

What type of property is this?

The property 109 Cutter Gap Rd is a house located in Townsend, Tennessee, 37882.

Is this property for sale now?

Sale Pending: 109 Cutter Gap Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 109 Cutter Gap Rd are:
Townsend Elementary School: GreatSchools Rating 5/10
Heritage Middle School: GreatSchools Rating 5/10
Heritage High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,089 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 3, 2021 for $318,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 109 Cutter Gap Rd has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 109 Cutter Gap Rd is 1,248 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 109 Cutter Gap Rd is 1997.

Rocket HomesTennesseeBlount CountyTownsend37882109 Cutter Gap Rd

This home is located at 109 Cutter Gap Rd in Townsend, TN and zip code 37882 in the Fairlight neighborhood. This 1,248 square foot home, which was built in 1997, sits on a 0.39 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $514,900.

In March 2024, from all listings sold in Blount County, TN there were more than 33 sold above asking price, over 58 sold below and more than 31 were sold right at the asked price. Between February 2024 and March 2024, Blount County, TN real estate market has seen increase in the number of listings by 2.4%. In March 2024 median list price was $374,515 and the average listing age was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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