NOT LISTED FOR SALE

1208 Purple Ln Newport, TN 37821

Estimated Value: $144,612 - $172,000

-- Bed
1 Bath
1,100 Sq Ft
$144/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $120,000 $109 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $863/month

72 Days on Market

Highlights

  • Living Room with Fireplace
  • Window Unit Cooling System
  • Wrought Iron Fence
  • Covered Patio or Porch
  • Ceiling Fan
  • Heat Pump System

About This Home

As of November 2022

THIS PROPERTY NEEDS SOME TLC BUT COULD MAKE SOMEONE TWO GREAT RENTAL UNITS. HOUSE FEATURES 3 BR, 1 BATH, LR, KITCHEN, LARGE UTIL RM, COVERED PORCH, DETACHED CARPORT, FENCED YARD. MOBILE HOME FEATURES 3 BR, 2 BATHS, FIREPLACE IN LR, EAT IN KITCHEN, WASHER AND DRYER, HEAT PUMP, COVERED DECK. UNITS ARE ON SEPARATE ELECTRIC METERS . THERE IS A WELL AND SEPTIC SYSTEMS. LEVEL YARD WITH SEVERAL UTIL BLDGS AND DETACHED GARAGE. LOCATED CONVENIENT TO I-40, SEVIERVILLE, NEWPORT . MINUTES FROM THE NEW LOVE'S TRUCK STOP. CASH OR CONVENTIONAL LOAN ONLY. SOLD AS IS

Last Agent to Sell the Property

Kristie Suggs

Scenic Realty License #250369 Listed on: 08/22/2022

Last Buyer's Agent

IAN CULLEN

Tennessee Valley Appraisal Services License #1778

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $311

Year Built

  • Built in 1945

Lot Details

  • 0.68 Acre Lot
  • Wrought Iron Fence

Home Design

  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Metal Fireplace
  • Living Room with Fireplace
  • Basement
  • Crawl Space
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 173.00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$311

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 1945
  • Fencing: Fenced, Wrought Iron
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.68
  • Lot Size: 135/224/130/225
  • Subdivision Name: n/a
  • Directions: HWY 25/70 W TURN LEFT ONTO CARSON SPRINGS RD THEN GO 1/2 MILE TO PURPLE LANE ON RIGHT GPS FRIENDLY LOOK FOR SIGN ON RIGHT
  • Location Tax and Legal:Tax Annual Amount: 311.01
  • Location Tax and Legal:Parcel Number2: 173.00
  • General Property Information:Lot Size Acres: 0.68
  • General Property Information:Lot Size Dimensions: 135/224/130/225
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Cooling:Heat Pump: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • General Property Information:Basement YN: Yes
  • Fencing:Fenced: Yes
  • Water Source:Well: Yes
  • Cooling:Window Unit(s): Yes
  • Other Structures:Shed(s): Yes
  • General Property Information:Number Of Units Total2: 2.0
  • General Property Information:Number Of Buildings2: 2.0
  • Meter Information:Number Of Separate Water Meters: 1
  • Fencing:Wrought Iron: Yes
  • Roof:Metal: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Water Heater, Washer
  • Basement: Crawl Space
  • Interior Amenities: Ceiling Fan(s)
  • Number Of Buildings: 2
  • Private Spa: No
  • Basement YN: Yes
  • Fireplace Features: Living Room, Metal
  • Fireplace: No
  • Community Features:None4: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Home Warranty: No
  • Construction Type: Metal Siding, Vinyl Siding
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Metal Siding: Yes

Garage/Parking

  • Parking Features: Gravel
  • 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

Utilities

  • Cooling: Heat Pump, Window Unit(s)
  • Heating: Heat Pump, Other
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Other18: Yes

Condo/Co-op/Association

  • Community Features: None

Lot Info

  • Lot Size Sq Ft: 29620.8
  • Parcel #: 173.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 311.01
  • Tax Map Number: 046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Nov 30, 2022
Sold by
Reece Tammy R
Bought by
Garcia Monzalvo Ismael
Seller's Agent
Kristie Suggs
Scenic Realty
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$149,900
Sold Price
$120,000
Premium/Discount to List
-$29,900
-19.95%
Current Estimated Value
$158,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,403
Avg. Annual Appreciation
10.05%

Purchase Details

Closed on
Oct 27, 1994
Sold by
France Edna
Bought by
Ellison Delores
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
Garcia Monzalvo Ismael $120,000 Jefferson Title
Ellison Delores $16,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2022 11/30/22 Sold $120,000 -19.9% $109 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $149,900 -- $136 / Sq Ft
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 $308 $12,025 $2,600 $9,425
2023 $308 $12,025 $2,600 $9,425
2022 $311 $12,125 $2,700 $9,425
2021 $311 $12,125 $2,700 $9,425
2020 $260 $12,125 $2,700 $9,425
2019 $260 $9,200 $1,250 $7,950
2018 $260 $9,200 $1,250 $7,950
2017 $267 $9,200 $1,250 $7,950
2016 $238 $9,200 $1,250 $7,950
2015 $254 $9,200 $1,250 $7,950
2014 $254 $9,200 $1,250 $7,950
2013 $254 $10,600 $1,775 $8,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 609488

Lakeway Area Association of REALTORS®

APN: 046-173.00