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  • $380,000

    348 Rainbow Cir, Townsend, TN 37882

    1beds
    1,388sqft
    Single Family Residence, Residential
    Built in 1998
    0.39 Acres Lot
    $406,400 Zestimate®
    $274/sqft
    $1,634 Estimated rent

    Home value

    $406,400

    $382,000 - $431,000

    $1,634/mo

    Zestimate® history
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    What's special

    Lovely, private cul-de-sac mountain cabin with a view of Rich Mountain located in the ''Quiet Side of the Smokies'' in Townsend, TN. Turn-key ready for either residential or short-term overnight rental. As a prior overnight rental, it slept 6 to 8 comfortably. Located in the gated mountain community of Laurel Valley. Master on Main with full bath; Bonus/Sleeping area with full bath in the loft area. Public water-no well! Walk out finished basement area for Games and sleeping. HVAC 1 yr old. All appliances are 5 yrs old. All decks were stained 2 yrs ago. Paved parking space for 4 vehicles. Wood-burning/ Gas fireplace! Furnishings and ping-pong table can stay with acceptable offer. Wired for hot tub on the screened-in porch. Golf, Pool, and Rec Area privileges are not covered by HOA dues; a separate membership fee applies. Go to laurelvalley.org for restrictions online and further information. Buyer and Buyer's agent to verify all information and restrictions. Buyer's remorse; flew through inspections!

    Zillow last checked:

    Listing updated:

    Listed by:

    John Thompson 865-448-3888,

    Why The Smokies, LLC

    Bought with:

    Non Member

    NON MEMBER FIRM

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3551038MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
    Features
    • High Ceilings
    • Basement: Partially Finished,Other
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 1,388
    • Total interior livable area: 1,388 sqft

    Property

    Parking
    • Parking features: Driveway, Paved
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Patio & porch: Deck, Screened, Covered
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 0.39 Acres
    • Dimensions: 44.13 x 128.3
    • Features: Wooded
    • Topography: Wooded
    Details
    • Parcel number: 106C H 03300 000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cabin
    • Property subtype: Single Family Residence, Residential
    Materials
    • Frame, Wood Siding
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1998

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Water Available, Cable Connected

    Community & HOA

    Community
    • Security: Security Gate, Smoke Detector(s)
    • Subdivision: Cold Springs
    HOA
    • Has HOA: Yes
    • HOA fee: $750 annually
    Location
    • Region: Townsend

    Financial & listing details

    • Price per square foot: $274/sqft
    • Tax assessed value: $272,000
    • Annual tax amount: $1,071
    • Date on market: 9/14/2026

    Price history

    DateEventPrice
    11/30/2023Sold$380,000-10.6%$274/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3551038 Report a problem
    11/4/2023Pending sale$425,000$306/sqft
    Source: East Tennessee Realtors #1223277 Report a problem
    10/31/2023Listed for sale$425,000+9.3%$306/sqft
    Source: East Tennessee Realtors #1223277 Report a problem
    9/22/2023Listing removed--
    Source: GSMAR, GSMMLS #257257 Report a problem
    9/11/2023Price change$389,000-2.5%$280/sqft
    Source: East Tennessee Realtors #1223277 Report a problem
    9/8/2023Listed for sale$399,000$287/sqft
    Source: East Tennessee Realtors #1223277 Report a problem
    8/18/2023Pending sale$399,000$287/sqft
    Source: East Tennessee Realtors #1223277 Report a problem
    8/9/2023Price change$399,000-7.2%$287/sqft
    Source: East Tennessee Realtors #1223277 Report a problem
    7/1/2023Listed for sale$430,000$310/sqft
    Source: East Tennessee Realtors #1223277 Report a problem
    6/25/2023Pending sale$430,000$310/sqft
    Source: East Tennessee Realtors #1223277 Report a problem
    6/10/2023Price change$430,000-8.3%$310/sqft
    Source: East Tennessee Realtors #1223277 Report a problem
    5/16/2023Price change$469,000-5.3%$338/sqft
    Source: East Tennessee Realtors #1223277 Report a problem
    4/10/2023Listed for sale$495,000+176.5%$357/sqft
    Source: East Tennessee Realtors #1223277 Report a problem
    12/15/2017Sold$179,000-2.7%$129/sqft
    Source: East Tennessee Realtors #1002852 Report a problem
    11/2/2017Pending sale$183,900$132/sqft
    Source: CENTURY 21 Smoky Mountain Realty #1002852 Report a problem
    5/16/2017Listed for sale$183,900+8.2%$132/sqft
    Source: CENTURY 21 Smoky Mountain Realty #1002852 Report a problem
    8/29/2003Sold$170,000+799.5%$122/sqft
    Source: Public Record Report a problem
    5/5/1995Sold$18,900$14/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,730 +60%$108,800 +60%
    2024$1,081 $68,000
    2023$1,081 +0.9%$68,000 +56.8%
    2022$1,071 $43,375
    2021$1,071 $43,375
    2020$1,071 $43,375
    2019$1,071 +1.1%$43,375 +1.1%
    2018$1,060 +2%$42,900
    2017$1,039 $42,900
    2016$1,039 +12.6%$42,900
    2015$922 $42,900
    2014-- $42,900 -5.3%
    2013$974 $45,300
    2012$974 0%$45,300 0%
    2011$974 +5.4%$45,308
    2010$924 $45,308
    2009-- $45,308 +6.8%
    2008$946 $42,441
    2007$946 +2.3%$42,441
    2006$925 -10.3%$42,441
    2005$1,031 +44.2%$42,441 +27.6%
    2004$715 +2.1%$33,272 +2.1%
    2002$701 $32,586
    2001-- $32,586 -75%
    2000-- $130,345
    Find assessor info on the county website

    Neighborhood: 37882

    Nearby schools

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