NOT LISTED FOR SALE

116 Greystone Way Newport, TN 37821

-- Bed
-- Bath
-- Sq Ft
4.58 Acres

Last Sold March 01, 2019

Last sale price $425,000

123 Days on Market

About This Home

As of March 2019

Proven track record for investment. 29 pads bringing $100.00 a pad for years. Seller does also own 116 Greystone. Each unit has its own electric and water meters. Seller does provide dumpster for complex. Tenants have been with seller for many years. Also, there is an abandoned trailer for years that the sellers have not done anything with that could be rehabbed and rented.

Last Agent to Sell the Property

Burlin Allen

RE/MAX Between the Lakes License #285400 Listed on: 07/27/2018

RE/MAX Between the Lakes

Co-Listed By

Darrin Breeden

RE/MAX Between the Lakes License #325653

Last Buyer's Agent

Burlin Allen

RE/MAX Between the Lakes License #285400 Listed on: 07/27/2018

RE/MAX Between the Lakes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,889

Year Built

  • Built in 1986

Lot Details

  • 4.58

Additional Features

  • 4.58 Acre Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 135.01

Community Details

Overview

  • Property has a Home Owners Association
  • 29 Units

Building Details

  • Insurance Expense $400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,889

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 1986
  • Other Expense: 3900.0
  • Property Sub Type: Mobile Home Park
  • Prop. Type: Residential Income
  • Lot Size Acres: 4.58
  • Lot Size: 0/0/0/0
  • Subdivision Name: Other
  • Directions: NEWPORT: TAKE HWY 25/70 TOWARDS INTERSTATE 40 EXIT 432. (also known as sevierville hwy to locals) ON LEFT JUST PAST HOMMELL CONSTRUCTION YARD.
  • Location Tax and Legal:Tax Annual Amount: 3888.82
  • Location Tax and Legal:Parcel Number2: 135.01
  • General Property Information:Lot Size Acres: 4.58
  • General Property Information:Lot Size Dimensions: 0/0/0/0
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Gross Scheduled Income: 37200.0
  • General Property Information:Number Of Units Total2: 29.0
  • Special Features: None

Interior Features

  • Private Spa: No
  • Fireplace: No

Exterior Features

  • Home Warranty: No
  • Construction Type: Asphalt

Garage/Parking

  • Parking Features: Concrete, Gravel
  • Parking Features:Concrete4: Yes
  • General Property Information:Carport YN: No
  • Parking Features:Gravel: Yes
  • Unit 1:Garage YN3: No
  • Unit 2:Garage YN4: No
  • Unit 3:Garage YN5: No
  • Unit 4:Garage YN6: No
  • Parking Features:Asphalt: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Cable TV
  • Association: Yes

Association/Amenities

  • Association Amenities:Cable TV: Yes

Lot Info

  • Lot Size Sq Ft: 199504.8
  • Parcel #: 135.01
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 29

Tax Info

  • Tax Annual Amount: 3888.82
  • Tax Map Number: 046

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2019 03/01/19 Sold $425,000 -5.3% --
11/27/2018 11/27/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $449,000 -- --
Source: Lakeway Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Burlin Allen

    Seller's Agent in 2019

    Burlin Allen

    RE/MAX

    (865) 621-1776

    48 in this area

    306 Total Sales

    Burlin Allen
    Section Image
  • Darrin Breeden

    Seller Co-Listing Agent in 2019

    Darrin Breeden

    RE/MAX

    (865) 607-9043

    46 in this area

    276 Total Sales

    Darrin Breeden
    Section Image
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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 579803

Lakeway Area Association of REALTORS®
Tennessee Cocke County Newport 37821

116 Greystone Way, Newport, TN

Not Listed for Sale

MultiFamily

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