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316 Rainbow Circle

316 Rainbow Circle, Townsend, TN 37882
House in Blount
316 Rainbow Circle in Townsend, TN was first built in 2002 and is 24 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a property type. There are a total of 100 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 316 Rainbow Circle has 1,548 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,548 sqft and has been categorized as a . The linear feet across the front of the lot is 950 ft and the linear feet between the front and back of the lot is 1,530. In total, the area measurement of the land is 14,535 square feet.

Learn more about the property and building on this page. There is a . The home has a style roof made of . Water for the property is sourced from system. The property is connected to a sewer system. The quality of the control joints have been graded by the local assessor with a letter grade of . The condition of the building has been evaluated as . The exterior walls of the home are made of . While the interior walls are made of . Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with . As for heating, the home is utilizing . There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 316 Rainbow Circle sold most recently in Oct 28, 2022 for a total of $502,000. If you work out the math, that's approximately a cost of $324.29 per sqft. Before that, the property was also sold for $489,000 in Sep 16, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $172,700 in taxes each year. 316 Rainbow Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $122,850. If we break it down further, the land itself was valued at $8,750. Improvements to the property, however, were assessed at a total of $114,100. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Block Exterior

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20210721
07/21/2021
2 Bed
3 Bath
2958 ft²
$479,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2958 ft²
$489,000 +2.09%
09/17/2021
Chad Rochelle
Parkside Realty Services
20200507
05/07/2020
2 Bed
3 Bath
2958 ft²
$382,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2958 ft²
$369,000 -3.40%
11/13/2020
Chad Rochelle
20180514
05/14/2018
2 Bed
3 Bath
2958 ft²
-
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2958 ft²
-
-
-


Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 5
  • 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
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 6
  • Basement Area: 1,548
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,535
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,548
  • Building Area: 1,548
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,548
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLD SPRINGS
  • Land Acres: 0000000334
  • Standard Land Use Code: 1001
  • County Land Use Code: 03
  • Legal Description 1: COLD SPRINGS 5 21 MOUNTAIN DREAMS

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 106F
  • District: 15
  • Parcel: 005106B A 02600
  • Block: 5
  • Lot: 21
  • Latitude: 35.663
  • Longitude: -83.8072

    Address

  • Full Address: 316 Rainbow Cir
  • Address - House Number: 316
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Townsend
  • Zip Code: 37882

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $172,700
  • Tax Rate Code Area: 05A00

    Appraisal Valuation

  • Standard Deviation: 0.1943
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 591,080
  • High Value: 705,961
  • Low Value: 476,199

    Market Valuation

  • Market Total Value: $491,400
  • Market Land Value: $35,000
  • Market Improvement Value: $456,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $122,850
  • Assessed Land Value: $8,750
  • Assessed Improvements Value: $114,100

    Sales

  • Current Sale Contract Date: Oct 28, 2022
  • Current Sale Recording Date: Nov 03, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 952775
  • Previous Sale Recording Date: Sep 17, 2021
  • Previous Sale Contract Date: Sep 16, 2021
  • Previous Sale Amount: $489,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Blount



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Frequently Asked Questions

What neighborhood is 316 Rainbow Circle located in?
The 316 Rainbow Circle is a house located in the neighborhood of Blount in Blount, Townsend.
What is the average sales price for listings in 316 Rainbow Circle?
The average sales price for units in 316 Rainbow Circle is $430,500 , or $146/sqft. currently.