NOT LISTED FOR SALE

108 Highway 160 Newport, TN 37821

Estimated Value: $357,000 - $493,000

5 Acres
$76,950 Price per Acre
236,966 Sq Ft Lot

Last Sold December 16, 2022

Last sale price $155,000

Est. 169% increase in value since last sale

Current estimated payment $2,369/month

54 Days on Market

Highlights

  • Barn
  • 5.44 Acre Lot
  • Wooded Lot
  • River Front
  • Stream or River on Lot
  • No HOA

About This Lot

As of December 2022

Rare rolling waterfront acreage available on the French Broad River with no restrictions! Buildable lot with multiple development options. Super convenient riverfront access just off of Highway 160 immediately adjacent to Highway 321. Build your dream home with plenty of acreage for additional structures. Electric is available at the road. There are no restrictions and there is ample outdoor parking including a convenient attached carport so bring your RV, and recreational vehicles! The location is exactly where you want to be in Newport; just 20 miles from Morristown TN, 25 miles to Sevierville TN, 15 minutes to Douglas Lake and Dandridge TN and within reach of 2 major airports. Schedule your showing today. Adjoining properties are also available.

Last Agent to Sell the Property

Abé Baah

Smart Realty License #347469 Listed on: 10/06/2022

Smart Realty

Last Buyer's Agent

IAN CULLEN

Tennessee Valley Appraisal Services License #1778

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,326

Lot Details

  • 5.44 Acre Lot
  • Lot Dimensions are 876x291x776x191
  • River Front
  • Irregular Lot
  • Gentle Sloping Lot
  • Cleared Lot
  • Wooded Lot

Property Views

  • Water
  • Mountain

Utilities

  • Septic Tank
  • Septic Needed
  • Cable TV Available

Additional Features

  • Barn
  • Mobile Home Allowed

Listing and Financial Details

  • Assessor Parcel Number 047 061.0

Community Details

Overview

  • No Home Owners Association

Recreation

  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,326

Lot Details

0

Listing Details

  • Possible Use: Manufactured Home, Residential, Single Family
  • Fencing: None
  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Road Frontage Type: River
  • Lot Size Acres: 5.44
  • Lot Size: 876x291x776x191
  • Water Body Name: Other
  • Subdivision Name: n/a
  • Directions: Take I-40 E, US-70 E and US-321 N to TN-160 N in Cocke County Take exit 432 for US-25W/US-70/US-411 S toward Newport/Sevierville 0.1 mi. Keep left at the fork to continue toward US-25W S/US-411 N/US-70 E 253 ft. Turn left onto US-25W S/US-411 N/US-70 E Continue to follow US-70 E 4.0 mi. Turn left onto US-321 N 0.3 mi. Turn left onto McMahan Ave Continue onto 321 2 mi then turn left onto Hwy 160. L
  • Location Tax and Legal:Tax Annual Amount: 1326.11
  • Location Tax and Legal:Tax Year2: 2021
  • Location Tax and Legal:Parcel Number2: 047 061.0
  • General Property Information:Lot Size Acres: 5.44
  • General Property Information:Lot Size Dimensions: 876x291x776x191
  • General Property Information:Waterfront YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Mobile Home Allowed:Mobile Home Allowed: Yes
  • View:Mountain(s): Yes
  • Other Structures:Barn(s): Yes
  • View:Water3: Yes
  • Utilities:Water Available: Yes
  • Frontage Type:River: Yes
  • Sewer:Septic Needed: Yes
  • Special Features: VirtualTour

Interior Features

  • Community Features:Other9: Yes
  • Community Features:See Remarks: Yes

Exterior Features

  • Lot Features: Cleared, Gentle Sloping, Irregular Lot, Wooded, Other, River On Lot
  • Waterfront Features: River Front, Waterfront
  • Waterfront: Yes
  • Disclosures: Easements, Other
  • Other Structures: Barn(s)
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Other21: Yes
  • Lot Features:Wooded: Yes
  • Waterfront Features:River Front: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Irregular Lot: Yes
  • Waterfront Features:Waterfront2: Yes
  • Lot Features:River On Lot: Yes

Utilities

  • Sewer: Septic Needed, Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available, Other
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 236966.4
  • Parcel #: 047 061.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1326.11
  • Tax Map Number: 047
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Dec 15, 2022
Sold by
Neas Lisa and Neas L W
Bought by
Penny Robert William
Seller's Agent
Abé Baah
Smart Realty
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%
Current Estimated Value
$416,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,256
Avg. Annual Appreciation
41.96%

Purchase Details

Closed on
May 10, 2021
Sold by
Neas W L W and Neas Lisa
Bought by
Barnes Jeffery B

Purchase Details

Closed on
Mar 8, 2010
Sold by
Neas W L
Bought by
Neas W L

Purchase Details

Closed on
Feb 16, 2010
Sold by
Shepherd Martha Webb
Bought by
Neas W L
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Penny Robert William $573 Foothills Title
Barnes Jeffery B $133,000 Colonial Title Group Inc
Neas W L -- --
Neas W L $170,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $155,000 -6.1% --
11/29/2022 11/29/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $165,000 -- --
Source: Lakeway Area Association of REALTORS®

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 $1,085 $42,400 $8,275 $34,125
2023 $1,085 $42,400 $8,275 $34,125
2022 $1,326 $51,700 $14,425 $37,275
2021 $1,216 $51,700 $14,425 $37,275
2020 $1,216 $47,400 $10,125 $37,275
2019 $1,154 $40,775 $9,550 $31,225
2018 $1,154 $40,775 $9,550 $31,225
2017 $1,182 $40,775 $9,550 $31,225
2016 $1,055 $40,775 $9,550 $31,225
2015 $1,028 $40,775 $9,550 $31,225
2014 $1,028 $40,775 $9,550 $31,225
2013 $1,028 $42,850 $8,650 $34,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 610100

Lakeway Area Association of REALTORS®

APN: 047-061.00