NOT LISTED FOR SALE

103 Boone Rd Newport, TN 37821

5 Beds
-- Bath
4,725 Sq Ft
65,340 Sq Ft Lot

Sale Details

Date Sold: September 5, 2020

Last sale price $163,500 $35 Per Sq Ft

167 Days on Market

Highlights

  • 1.5 Acre Lot
  • Separate Outdoor Workshop
  • Patio
  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Wood Siding

About This Home

As of September 2020

Sale includes 2 parcels. One with a 5 unit Apartment Bldg with ability to expand with lower units on main level that have been used for storage and could be renovated for more units. The Apartment Bldg has a Washer and Dryer Facility that has ability for more income. The units were getting $500.00 per. All units are 2 BR, 1BA with Refrigerators and Stoves in each one. Separate Electric and Water Meters. The other Parcel has a Mobile Home on it that is bringing in $200.00 month lot rent. There are two more lots that could possibly be rented. Close to Newport, Cosby, Gatlinburg, Smokey Mtns and Interstate 40. This is an estate sale and all units in apartment bldg. have been vacated for ease of transfer to the next investor who will have their own vision in this income producing potential property. Call today for a showing.

Last Agent to Sell the Property

Burlin Allen

Re/Max Between the Lakes Jeff City License #285400 Listed on: 01/10/2020

Last Buyer's Agent

DEBBIE WINSTEAD

RECIPROCAL OFFICE License #224636

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $802

Year Built

  • Built in 1940

Lot Details

  • 1.5 Acre Lot
  • Property fronts a county road

Home Design

  • Frame Construction
  • Wood Siding

Outdoor Features

  • Patio
  • Separate Outdoor Workshop

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Wall Furnace
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 5 Units

Listing and Financial Details

  • Tax Lot 9,3

Property Details

Home Type

Apartment

Est. Annual Taxes

$802

Year Built

Built in 1940

Lot Details

1.5 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1940
  • Zoning: Residential
  • Reso Property Sub Type: Apartment
  • ResoLotFeatures: Water Amenity
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Garage Yn: No
  • Reso Other Structures: Workshop
  • Location Tax and Legal Tax Lot2: 9,3
  • Location Tax and Legal:Tax Annual Amount: 802.0
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 1.5
  • General Property Information Bonus Room YN2: No
  • General Property Information Home Warranty YN: No
  • Water Source:Public: Yes
  • Road Frontage Type County Road: Yes
  • Utilities:Cable Available: Yes
  • General Property Information Lot Size Dimensions: 165/309/193/182
  • Other Structures:Workshop: Yes
  • Cooling Wall Unit(s): Yes
  • General Property Information Number Of Units Total2: 5.0
  • 2 Bedroom Unit Details PatioPorch2: Yes
  • Cooling:Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Street Number Modifier: 103A

Exterior Features

  • Acres: 1.5
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Heating: Wall Furnace
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association Name: na
  • Association: No

Lot Info

  • Lot Dimensions: 165/309/193/182
  • Lot Size Sq Ft: 65340.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 802.0
  • Tax Lot: 9,3

Multi Family

  • Number Of Units Total: 5
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2020 12/05/20 Off Market $163,500 -- --
09/05/2020 09/05/20 Sold $163,500 -3.8% $35 / Sq Ft
06/23/2020 06/23/20 Price Changed $169,900 -5.6% $36 / Sq Ft
04/06/2020 04/06/20 Price Changed $179,900 -9.6% $38 / Sq Ft
03/23/2020 03/23/20 Price Changed $199,000 -9.5% $42 / Sq Ft
01/10/2020 01/10/20 For Sale $219,900 -- $47 / Sq Ft
Source: Great Smoky Mountains Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,213 $80,880 $6,000 $74,880
2024 $933 $36,440 $5,320 $31,120
2023 $933 $36,440 $5,320 $31,120
2022 $935 $36,440 $5,320 $31,120
2021 $935 $36,440 $5,320 $31,120
2020 $935 $36,440 $5,320 $31,120
2019 $642 $22,680 $5,320 $17,360
2018 $642 $22,680 $5,320 $17,360
2017 $658 $22,680 $5,320 $17,360
2016 $587 $22,680 $5,320 $17,360
2015 $542 $22,680 $5,320 $17,360
2014 $542 $43,040 $5,600 $37,440
2013 $542 $22,600 $5,400 $17,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 226409

Great Smoky Mountains Association of REALTORS®

APN: 015073 03604

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