3 months on rocket

114 Cutter Gap Rd, Townsend, TN, 37882

$469,900

Home List Price

$5,580*

Closing Credit

1 Bedroom
2 Full Baths
1,254 SqFt
$375/SqFt
House

Location

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114 Cutter Gap Rd, Townsend$469,900

Buyer Closing Credits

$5,580*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingMain Level, Off-Street Parking
Year Built1999
HeatingCentral, Heat Pump, Electric
CoolingCentral Air, Ceiling Fan(s)
FireplaceStone, Wood Burning
MLS #1276564
Lot Size0.40 Acres
StatusActive

About 114 Cutter Gap Rd

Super cool one bedroom, two bath, with double sided sleeping loft, located in the Laurel Valley community in Townsend. Perfect for a short term rental, second home, or a permanent home. Easy access to the Great Smoky Mountains National Park, Cades Cove, Little River, shopping, restaurants, fishing and hiking. But, also easily commutable to Maryville or Knoxville. The Laurel Valley community also boasts the picturesque Wild Laurel 18-hole golf course, swimming pool, and fitness center. This beautiful home comes turn-key, ready for you to rent or move in right away!

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, Cabin, Traditional
  • Year Built: 1999
  • Living Area: 1,254 SqFt

Listing Office:

  • Office Name: Parkside Realty Services
  • Office Phone: (865) 448-1720

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Grill, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement: No
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior: Cathedral Ceiling(s), Walk-In Closet(s)
  • Fireplace: Stone, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Windows - Insulated, Patio, Porch - Covered, Deck, Cable Available (TV Only)

Parking Information:

  • Attached Garage: No
  • Parking: Main Level, Off-Street Parking

Lot Features

Lot Information:

  • Lot: Wooded, Near Golf Course, Irregular Lot
  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump, Electric
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: Hwy 321 in Townsend to Old Tuckaleechee Road to Laurel Valley Road, to Laurel Valley Guard Gate, straight through gate, to second right onto Cutter Gap, to third home on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $469,900
  • Price Per SqFt: $375/SqFt

HOA Fees:

  • Amount: $1100
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,149
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Townsend, TN.

Med. Sold Price

$447K

Med. Price/SqFt

$305

Avg. Days On Market

130

# of Sold Homes

5

114 Cutter Gap Rd vs Townsend

97 DAYS ON ROCKET

-33 Days

$469,900

+$22.9K More

$375/SqFt

+$70 More

KEY TAKEAWAY

This property is $22.9K more than the Median Sold Price and $70/SqFt more than other homes in Townsend, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1276564

Listing Office:

  • Office Name: Parkside Realty Services
  • Office Phone: (865) 448-1720

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: 12/22/2024, 6:21:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 20, 2021Home Sold
$365,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,149$46,500
2019$1,186$46,500
2018$1,186$48,000
2017$1,186$48,000

History based on county public records data.

Payment Calculator

$2,504

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,475

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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.

Nearby Schools

school-card-donut-896470
5
/10
  • Townsend Elementary School

  • 140 Tiger Dr

  • 2.67 miles

  • Public District Grades PK-5

school-card-donut-896471
5
/10
  • Walland Elementary School

  • 247 E Millers Cove Rd

  • 3.90 miles

  • Public District Grades PK-5

school-card-donut-896472
8
/10
  • Montvale Elementary School

  • 3128 Montvale Rd

  • 9.30 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 114 Cutter Gap Rd

What is the listing price of this property?

The listing price of 114 Cutter Gap Rd property is $469,900.

What type of property is this?

The property 114 Cutter Gap Rd is a house located in Townsend, Tennessee, 37882.

Is this property for sale now?

Active Listing: 114 Cutter Gap Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,149 (source: MLS/based on county public records data).

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

The last sale was on July 20, 2021 for $365,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 114 Cutter Gap Rd has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 114 Cutter Gap Rd is 1,254 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 114 Cutter Gap Rd is 1999.

Rocket HomesTennesseeBlount CountyTownsend37882114 Cutter Gap Rd

This home is located at 114 Cutter Gap Rd in Townsend, TN and zip code 37882 in the Fairlight neighborhood. This 1,254 square foot home, which was built in 1999, sits on a 0.40 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since September 15, 2024 and is currently priced at $469,900.

In November 2024, from all listings sold in Townsend, TN there were more than 0 sold above asking price, over 4 sold below and more than 1 were sold right at the asked price. The number of homes for sale in Townsend, TN decreased by 2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $447,000, while the average time on the real estate market was 130 days.

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

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