by Lee Lin

See Home Value
Blount 37882
861 Dry Valley Road
$499,000
● House - Off Market

861 Dry Valley Road

Townsend, TN 37882
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,440 Ft²
$517,660
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Welcome to your cozy mountain getaway in the peaceful side of the smokies! This two bedroom cabin has been fully updated and has been a very popular short term rental this year. This cabin is truly unique as it has the charm of real wood logs, mixed with todays popular modern farmhouse style. On the main level there is a living room with beautiful vaulted ceilings, a full bathroom, and an open and bright kitchen. You can also access the wrap around porch from the living room. The wrap around porch is also screened in on the rear of the cabin, perfect for relaxing or enjoying a game of corn hole. Upstairs in the loft is bedroom one which has a king bed and plenty of space to spread out. Downstairs is bedroom two which has a queen bed, a large walk in closet for extra storage space, a full bathroom, and an open rec room area which currently has a custom barrel multi-cade system with over 400 games. Walk outside the basement to the covered patio with a beautiful aspen spa. There is also a large fire pit area perfect for a night with s'mores! For the investor one of the big perks of this property is that it is setup with full camper hookups (water, sewer, and a 50 amp electric plug in) which is a perfect additional revenue stream that has yet to be tapped into by the current owner. It also has a brand new metal RV building to protect your RV investment for years to come. Between the revenue of the cabin which was around $65k this year and the potential revenue of the RV spot this is a great investment property for the price. RV rentals in the area go for around $100/night on average so there is potential to add an extra $15k-$30k a year in revenue. The two story storage shed next to the camper also has electric and could be finished out as an additional game area or whatever creative idea you may have! This property is turn key and just a short drive to tuckaleechee caverns and all of Townsends best attractions!
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$340
Property Type
House
Property Taxes
$89
HOA Dues
-
Year Built
1991

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Last updated: 28 days ago (Realtracs #RTC3300954)

Price History

Date / Event Date Event Price
Jan 13, 2023 Sold
Sold
Dec 15, 2022 Listed by eXp Realty $489,000
Listed by eXp Realty
Aug 31, 2021 No longer available -
No longer available
Aug 27, 2021 Price Decreased $446,900
↓ $3K (0.7%)
Price Decreased
Aug 4, 2021 Listed by Prime Mountain Properties LLC Kodak $449,900
Listed by Prime Mountain Properties LLC Kodak
CUTE AS A BUGS EAR LOG CABIN on .55 acre in the foothills of the GREAT SMOKY MOUNTAINS NATIONAL PARK! Updated Cabin with recently new kitchen, paints, a wrap around porch partially screened in, with recent new Flooring, HVAC, electrical panels, PLUS AN AMAZING 2 STORY WORKSHOP building with RV PARKING and full hookups for water, septic and power! Enjoy views of Rich Mountain and and is very convenient to cades cove, Tuckaleechee Caverns and all of the AMAZING FUN OF THE GREAT SMOKY MOUNTAINS AREA around Gatlinburg and Pigeon Forge just a short drive away. Sellers have put this together for an outstanding short term rental property that is projected to make 40 to 50K+- annually! Enjoy nights under the stars sitting around the fire pit and enjoying the fresh air! Let's GET STARTED ON YOUR DREAMS WITH THIS CUTE COUNTRY PLACE NOW! The manager has listed the unit size as 1220 square feet.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 3
  • Basement Area: 480
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 23,958
  • Total Building Area: 1,220
  • Building Area: 1,220
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,220
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: S H DAVIS HEIRS PROPERTY
  • Land Acres: 0000000550
  • Standard Land Use Code: 1001
  • County Land Use Code: 03
  • Legal Description 1: BK 992B LOT 1 1 SM PLAT 5/13 1934A

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 107
  • District: 15
  • Parcel: 005106 01414
  • Lot: 1
  • Latitude: 35.6517
  • Longitude: -83.7826

    Address

  • Full Address: 861 Dry Valley Rd
  • Address - House Number: 861
  • Address - Street Name: Dry Valley
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Townsend
  • Carrier Code: R001
  • 4-Digit Zip Code: 4438
  • Zip Code: 37882

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $106,400
  • Tax Rate Code Area: 05A00

    Appraisal Valuation

  • Standard Deviation: 0.2014
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 477,442
  • High Value: 573,612
  • Low Value: 381,272

    Market Valuation

  • Market Total Value: $297,800
  • Market Land Value: $39,800
  • Market Improvement Value: $258,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,450
  • Assessed Land Value: $9,950
  • Assessed Improvements Value: $64,500

    Sales

  • Current Sale Contract Date: Jan 13, 2023
  • Current Sale Recording Date: Jan 17, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 956746
  • Previous Sale Recording Date: Nov 15, 2021
  • Previous Sale Contract Date: Nov 10, 2021
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Blount


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Frequently Asked Questions

When was property at 861 Dry Valley Road built and last sold?
The property at 861 Dry Valley Road was built in 1991 and last sold on Jan 13, 2023 for $499,000.
How much is this home worth?
The estimated value of the home located at 861 Dry Valley Road is $486,056.
What are some comparable homes to 861 Dry Valley Road?
There are currently no comparable homes to 861 Dry Valley Road.