2 months on rocket

230 Penni Ln, Townsend, TN, 37882

$435,000

Home List Price

$5,166*

Closing Credit

2 Bedrooms
2 Full Baths
1,160 SqFt
$375/SqFt
House

Location

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230 Penni Ln, Townsend$435,000

Buyer Closing Credits

$5,166*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingNone
Year Built1993
HeatingCentral, Heat Pump, Electric
CoolingCentral Air, Ceiling Fan(s)
FireplaceStone, Wood Burning
ViewTrees/Woods
MLS #1279353
Lot Size1.10 Acres
StatusActive

About 230 Penni Ln

Looking for that Park Like Setting... Look no further. Tucked away in the Prestigious Mountan Community of Laurel Valley. Charming updated one-level cabin with Hand Hewn Logs is situated at the end of a cul-de-sac on a peaceful 1.1-acre lot, Offering the perfect mountain setting for a perm. home, weekend getaway or rental investment. Enjoy cozy evenings in front of the stunning stack stone wood-burning fireplace. The kitchen shines with upgraded cabinets, countertops, Refrigerator, and Dishwasher. Recent updates include a new HVAC system (June 2024) and fresh interior and exterior paint and stain (June 2024). The durable metal roof ensures lasting protection.As a bonus feature Sky Lights were added to aide in natural lighting. There are endless possibilities for outdoor entertaining. Sq. ft.is approx. Buyer and or Buyer's agent should verify all information.

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin
  • Year Built: 1993
  • Living Area: 1,160 SqFt

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (888) 519-5113

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Laminate, Vinyl
  • Interior: Cathedral Ceiling(s), Pantry, Eat-in Kitchen
  • Fireplace: Stone, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Trees/Woods
  • Exterior: Porch - Covered, Deck

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Wooded, Near Golf Course, Irregular Lot
  • Lot Size: 1.10 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Hwy. 321 toward Townsend. Right on Old Tuckaleechee Rd. Continue through Main Entrance of Laurel Valley. Right on Cutter Gap Rd. Left on Mountain Loft Rd. (Mountain Loft changed is Penni Lane). Property is located at the end of the Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $435,000
  • Price Per SqFt: $375/SqFt

HOA Fees:

  • Amount: $1100
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,061
  • Tax Year: 2020
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Housing Market Comparison

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

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Townsend, TN

City

Med. Sold Price

$447K

Med. Price/SqFt

$305

Avg. Days On Market

130

# of Sold Homes

5

230 Penni Ln vs Townsend

69 DAYS ON ROCKET

-61 Days

$435,000

-$12K Less

$375/SqFt

+$70 More

KEY TAKEAWAY

This property is $12K less 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: #1279353

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (888) 519-5113

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: 12/21/2024, 11:51:07 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

Dec 03, 1999Home Sold
$124,000
Sep 17, 1992Home Sold
$65,000
Nov 01, 1989Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,061$42,950
2019$1,126$42,950
2018$1,126$45,575
2017$1,126$45,575

History based on county public records data.

Payment Calculator

$2,330

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,371

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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-880550
5
/10

  • Townsend Elementary School

  • 140 Tiger Dr

  • 2.95 miles

  • Public District Grades PK-5

school-card-donut-880551
5
/10

  • Walland Elementary School

  • 247 E Millers Cove Rd

  • 3.69 miles

  • Public District Grades PK-5

school-card-donut-880552
8
/10

  • Montvale Elementary School

  • 3128 Montvale Rd

  • 9.00 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,000. Most Townsend, TN residents have annual incomes between $35k-100k. Typical family type 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 230 Penni Ln

What is the listing price of this property?

The listing price of 230 Penni Ln property is $435,000.

What type of property is this?

The property 230 Penni Ln is a house located in Townsend, Tennessee, 37882.

Is this property for sale now?

Active Listing: 230 Penni Ln 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 $1,061 (source: MLS/based on county public records data).

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

The last sale was on December 3, 1999 for $124,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 230 Penni Ln has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 230 Penni Ln is 1,160 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 230 Penni Ln is 1993.

Rocket Homes›Tennessee›Blount County›Townsend›37882›230 Penni Ln

This home is located at 230 Penni Ln in Townsend, TN and zip code 37882 in the Fairlight neighborhood. This 1,160 square foot home, which was built in 1993, sits on a 1.10 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 13, 2024 and is currently priced at $435,000.

While more than 0 listings in Townsend, TN in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 4 were sold below. The number of homes for sale in Townsend, TN decreased by 2% between October 2024 and November 2024. In November 2024, listings were on the market for 130 days. During the same period, the median list price in this real estate market was $447,000.

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

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