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Townsend 37882
312 Shooting Star Loop
Photo of 312 Shooting Star Loop
Sold on Dec 16, 2022

50

Map

Photo of 312 Shooting Star Loop
Photo of 312 Shooting Star Loop
$575,000
● House - Off Market

312 Shooting Star Loop

Townsend, TN 37882
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,782 Ft²
$636,426
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Mountain living at it's finest. Want a view, then here it is. Cades Cove Reserve is a gated community with amenities including a swimming pool, beautiful Clubhouse with covered patio and fire pit looking out at Mt. LeConte and a fitness center. Carefree living? The HOA takes care of all external maintenance of home and yard! There is only a few stand-alone homes in this development and rarely do they come on

the market. The developer made sure this home stood apart from others by adding quality finishes throughout. This home is a 2 bedroom, 2 bath with many upgrades and has a gas stove for those who love cooking. Hardwoods throughout. Screened porch perfect for relaxing and enjoying the solitude. Minutes from the National Park and close to Pigeon Forge, Gatlinburg and the Knoxville Airport.
Unit Size
1,782 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$337
Property Type
House
Property Taxes
$149
HOA Dues
$150
Year Built
2012

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 months ago (Realtracs #RTC3507151)

Price History

Date / Event Date Event Price
Dec 16, 2022 Sold
Premium
Sold
Oct 12, 2022 Listed by CENTURY 21 Legacy $599,900
Listed by CENTURY 21 Legacy

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 25
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0
  • Location Influence Type: 19

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,782
  • Building Area: 1,782
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,782
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CADES COVE RESERVE
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 03
  • Legal Description 1: THE RESERVE AT TUCKALEECHEE COVE 1 3007A

Neighborhood

  • School District Name: Blount County School District
  • Census Tract: 011404

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 096J
  • District: 15
  • Parcel: 005096J B 00200
  • Lot: 1
  • Latitude: 35.6773
  • Longitude: -83.7683

    Address

  • Full Address: 312 Shooting Star Loop
  • Address - House Number: 312
  • Address - Street Name: Shooting Star
  • Address - Suffix Type: Loop
  • State: TN
  • City Name: Townsend
  • Carrier Code: R001
  • 4-Digit Zip Code: 3836
  • Zip Code: 37882

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $179,300
  • Tax Rate Code Area: 05A00

    Appraisal Valuation

  • Standard Deviation: 0.1943
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 636,423
  • High Value: 760,117
  • Low Value: 512,729

    Market Valuation

  • Market Total Value: $440,100
  • Market Land Value: $40,000
  • Market Improvement Value: $400,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,025
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $100,025

    Sales

  • Current Sale Contract Date: Dec 16, 2022
  • Current Sale Recording Date: Dec 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 955545
  • Previous Sale Recording Date: Apr 16, 2013
  • Previous Sale Contract Date: Apr 12, 2013
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Townsend

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$342

Above Asking

0.00%

Average Days on Market

135

Average Home Size

2090 ft²

Average Home Age

46.4 years

Currently For Sale

12 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Realtracs

Listed by: Tim Seay, CENTURY 21 Legacy
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3507151
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 312 Shooting Star Loop built and last sold?
The property at 312 Shooting Star Loop was built in 2012 and last sold on Dec 16, 2022 for $575,000.
How much is this home worth?
The estimated value of the home located at 312 Shooting Star Loop is $603,255.
What are some comparable homes to 312 Shooting Star Loop?
There are currently no comparable homes to 312 Shooting Star Loop.
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