$484,900
SOLD FEB 19, 2025

1048 Farm Rd Newport, TN 37821

3 Beds
3 Baths
2,870 Sq Ft
1.32 Acres

Recently Sold

$169 Per Sq Ft

13% Below List Price

232 Days on Market

Highlights

  • Mountain View
  • Contemporary Architecture
  • Bonus Room
  • Deck
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of February 2025

COME SEE THIS NEW CONSTRUCTION HOME. IT HAS THREE BEDROOMS-THREE AND THREE FULL BATHS. EAT IN KITCHEN-- LARGE FAMILY ROOM, MUD ROOM COMING IN FROM THE TWO CAR GARAGE. MOUNTAIN VIEWS ARE ABUNDANT --LOOKING OUT THE REAR OF HOME OR STANDING ON EITHER THE TOP DECK OR EXPANSIVE LOWER DECK.

Last Agent to Sell the Property

Tony Thomas

Weichert REALTORS- Tiger Real Estate License #303045 Listed on: 05/23/2024

Weichert REALTORS- Tiger Real Estate

Last Buyer's Agent

Debbie Robbins

Weichert REALTORS- Tiger Real Estate License #312070

Weichert REALTORS- Tiger Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $214

Year Built

  • Built in 2024

Lot Details

  • 1.32 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Masonry

Interior Spaces

  • 2,870 Sq Ft Home
  • Wet Bar
  • Ventless Fireplace
  • Family Room
  • Bonus Room
  • Storage
  • Laundry Room
  • Vinyl Flooring
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Finished Basement

  • Walk-Out Basement
  • Recreation or Family Area in Basement

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Fox Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075 008.16

Home Details

Home Type

Single Family

Est. Annual Taxes

$214

Year Built

Built in 2024

Lot Details

0

Parking

2

Listing Details

  • Directions: take the TN-73 exit, EXIT 440, toward US-321/Wilton Springs Rd/Gatlinburg. Turn left onto Highway 73/TN- 73. Turn right onto Edwina Bridgeport Rd. Turn right onto Farm Rd. 1048 Farm Rd will be on your right. See Sign Latitude: 35.967041 Longitude: -83.187658
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 2024
  • Lot Size Acres: 1.32
  • Subdivision Name: Fox Estate
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Plans
  • View:Mountain View: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1435.0
  • General Property Description:SqFt - Down Lvl: 1435.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Water:Public: Yes
  • Percent Basement Finished: Yes
  • Basement Walkout: Yes
  • Heat:Heat Pump3: Yes
  • Misc Features:Wet Bar: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher
  • Has Basement: Finished, Walk-Out Access
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Other, Ventless
  • Fireplaces: 1
  • Flooring: Vinyl
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Basement Rec Room: Yes
  • Misc Features:Island in Kitchen: Yes
  • Other Rooms:Split Bedroom: Yes
  • Fireplace:Ventless: Yes

Exterior Features

  • Exterior Features: Porch - Covered
  • View: Mountain View
  • Construction Type: Frame, Brick, Other
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Construction:Masonry: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Other

Utilities

  • Cooling: Central Air
  • Security: Smoke Detector
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Sq Ft: 57499.2
  • Parcel #: 075 008.16
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 214.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Feb 14, 2025
Sold by
Majestic Services Llc
Bought by
Fye Kristin M and Fye Michael Lee
Seller's Agent
Tony Thomas
Weichert REALTORS- Tiger Real Estate
Buyer's Agent
Debbie Robbins
Weichert REALTORS- Tiger Real Estate
List Price
$555,000
Sold Price
$484,900
Premium/Discount to List
-$70,100
-12.63%
Views
105
Current Estimated Value
$484,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$417
Avg. Annual Appreciation
-0.93%
Original Mortgage
$484,900
Outstanding Balance
$484,092
Interest Rate
6.93%
Mortgage Type
VA
Estimated Equity
-$1,306

Purchase Details

Closed on
Sep 3, 2021
Sold by
Hernandez Mario A and Hernandez Marilyz C
Bought by
Fairbanks Cindly L

Purchase Details

Closed on
Jan 26, 2006
Sold by
Keys Marvin
Bought by
Hernandez Mario A

Purchase Details

Closed on
Oct 28, 2005
Bought by
Keys Marvin

Purchase Details

Closed on
Nov 19, 2004
Sold by
Norwood Donald H
Bought by
Smith Mary Jane

Purchase Details

Closed on
May 4, 2004
Sold by
Miller George D
Bought by
Norwood Donald H
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $484,900 Broadway Title
Warranty Deed $484,900 Broadway Title
Warranty Deed $19,000 Colonial Title Group Inc
Deed $15,500 --
Warranty Deed $29,800 --
Deed $24,400 --
Deed $52,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $484,900 VA
Closed $484,900 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Sold $484,900 -7.6% $169 / Sq Ft
01/30/2025 01/30/25 Off Market $524,900 -- --
01/11/2025 01/11/25 Pending -- -- --
12/27/2024 12/27/24 Price Changed $524,900 0.0% $183 / Sq Ft
10/02/2024 10/02/24 Price Changed $525,000 -5.4% $183 / Sq Ft
09/13/2024 09/13/24 Price Changed $555,000 -0.2% $193 / Sq Ft
08/16/2024 08/16/24 Price Changed $555,900 +0.2% $194 / Sq Ft
05/23/2024 05/23/24 For Sale $555,000 -- $193 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $214 $8,375 $8,375 $0
2023 $214 $8,375 $8,375 $0
2022 $215 $8,375 $8,375 $0
2021 $215 $8,375 $8,375 $0
2020 $215 $8,375 $8,375 $0
2019 $237 $8,375 $8,375 $0
2018 $237 $8,375 $8,375 $0
2017 $243 $8,375 $8,375 $0
2016 $217 $8,375 $8,375 $0
2015 $203 $8,375 $8,375 $0
2014 $203 $8,375 $8,375 $0
2013 $203 $8,475 $8,475 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1263747

East Tennessee REALTORS® MLS

APN: 075-008.16