NOT LISTED FOR SALE

126 Seven Ridges Way Newport, TN 37821

Estimated Value: $669,000 - $895,771

4 Beds
4 Baths
4,296 Sq Ft
$189/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $959,900 $223 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $4,608/month

116 Days on Market

Highlights

  • 8.06 Acre Lot
  • Contemporary Architecture
  • Wood Flooring
  • Mountain View
  • Wooded Lot
  • 2 Fireplaces

About This Home

As of March 2024

Welcome to Seven Ridges! This impeccable well maintained This impeccable Custom built log home on Beautiful 8 Acres located in Cocke County. Horses welcome on this rolling pasture. Home boasts over 4000 square feet, Main level features open concept layout for relaxing and entertaining. The 48 x54 windows lining both levels allow viewing from any room in this home! Entering the great room you will notice tall ceilings along with massive fireplace, Hardwood flooring, recessed lighting. The primary suite offers an oversized walk-in closet, primary bath features a tub and shower Tub over looks Mountains. 2nd bedroom opens on to deck and same amazing views, 2nd bath is sized greatly with walk in shower, large laundry with pantry with entrance to 660 sq ft two car attached garage with workspace also! Downstairs you will find a 2nd suite with an unbelievable walk-in closet and its own bathroom. Large den with gas log fireplace, you will find same views from this level also, Kitchenette sure makes living easy on this level, Work from home office with high-speed internet, while overlooking mountains! 4th Bedroom with large closet and a 4th full bath. Home has a lot of storage, home has dual zoned heat and air, both levels have place for washer and dryer, two water heaters and a central vac system. Two families could easily live here in comfort. Savor the beauty of wildlife and our Smoky Mountains from the wrap around covered porches! Motorsport lovers, this property offers an impressive 2500sqft garage with four 10ft doors, bathroom roughed in with new fixtures setting in boxes waiting to be installed. Outside you will find that home sets center of 8 truly beautiful usable acres. Turkey and deer feed from right back yard. This Home is located about 10 minutes from downtown, yet you have all the feel and luxuries of country living, County taxes are $2275.80 a year. Home is 40 Minutes to Greene County, approx., an hour to Knoxville TN or Asheville NC.

Special Features & Upgrades-
1) Non-Smoker Occupied for 20 years
2)outside logs stripped, restained, clear sealed and chink painted with all perma chink products. Done in 2023, and comes with warranty & maintenance plan.
3)New Trane HVAC in 2021
4)Dual Zone HVAC system with 3 separate zones - Upstairs , basement , and separate rooms. Keeps Heating & electric bills low.
5)New kitchen sink & garbage disposal in 2021
6)Changed all florescent lights to LED light system, No noise or heat.
7)Attached heat & air conditioning into attached garage , garage door opener and beautiful views from the two windows that do open in Garage
8)Four bay unattached 25X60 RUFFIN insulated garage with electric, finished walls, concrete floors, and is plumbed for 1/2 bath. Fixtures new in box stay with property . Vanity, toilet, 6 panel door, and tile flooring.
9)The four full bathrooms in home have exhaust fans and heatilaters for winter comfort.
10) Central vac system upstairs and downstairs
11)two gas fireplaces, two washer & dryer hook ups , two water heaters, two kitchens

*Agents a years worth of bills in Documents
propane, internet, electric, and water bill

*drone used in some photos
*None of these photos are photoshopped

Last Agent to Sell the Property

Luke Goddard

Goddard Real Estate & Auction License #266689 Listed on: 10/30/2023

Last Buyer's Agent

Debbie Walters

Wallace License #359120

Wallace

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,271

Year Built

  • Built in 2003

Lot Details

  • 8.06 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 6 Car Garage
  • Parking Available
  • Garage Door Opener

Property Views

  • Mountain Views
  • Countryside Views

Home Design

  • Contemporary Architecture
  • Cabin
  • Brick Exterior Construction
  • Log Siding
  • Masonry

Interior Spaces

  • 4,296 Sq Ft Home
  • 2 Fireplaces
  • Gas Log Fireplace
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Septic Tank
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 039 051.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,271

Year Built

Built in 2003

Lot Details

0

Parking

6

Listing Details

  • Directions: From Goddard office in Newport right on Hwy 25/70 drive towards downtown Newport at 1.9 miles to a left on Mcmahan , cross rail road tracks on Hwy 321N drive 2.1 miles cross French Broad river bridge turn left on to Hwy 160 , then drive 1.2 miles to right on Seven Ridges Way , cont. to paved driveway on right . Sign at driveway . Please have appointment
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2003
  • Lot Size Acres: 8.06
  • Architectural Style: Cabin, Contemporary
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Mountain View: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 2148.0
  • General Property Description:SqFt - Down Lvl: 2148.0
  • General Property Description:_pound_ Fireplace: 2.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: No
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Percent Basement Finished: Yes
  • Floors:Tile2: Yes
  • Basement Walkout: Yes
  • Heat:Heat Pump3: Yes
  • Siding:Log2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Refrigerator
  • Has Basement: Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • Flooring: Carpet, Hardwood, Tile
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Misc Features:Island in Kitchen: Yes

Exterior Features

  • Exterior Features: Porch - Covered
  • View: Mountain View, Country Setting
  • Lot Features: Wooded, Level, Rolling Slope
  • Construction Type: Log, Brick, Other
  • Exterior Features:Porch - Covered: Yes
  • Construction:Log: Yes
  • Construction:Masonry: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 6.0
  • Attached Garage: Yes
  • Garage Spaces: 6.0
  • Parking Features: Garage Door Opener, Attached, Detached, Main Level
  • GarageParking:Attached2: Yes
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Main Level: Yes
  • GarageParking:Detached2: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Heat Pump, Propane, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Sq Ft: 351093.6
  • Parcel #: 039 051.03
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Mar 21, 2024
Sold by
Mccann Paul D and Mccann Michelle
Bought by
Thorup William Barrett and Thorup Joann
Seller's Agent
Luke Goddard
Goddard Real Estate & Auction
Buyer's Agent
Debbie Walters
Wallace
List Price
$1,200,000
Sold Price
$959,900
Premium/Discount to List
-$240,100
-20.01%
Views
134
Current Estimated Value
$810,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$148,976
Avg. Annual Appreciation
-11.20%
Original Mortgage
$767,920
Outstanding Balance
$757,193
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$53,731

Purchase Details

Closed on
Apr 4, 2005
Sold by
Tisoski James
Bought by
Mccann Paul D

Purchase Details

Closed on
May 28, 2004
Sold by
Tisoski James
Bought by
Coffey Danny J

Purchase Details

Closed on
Mar 4, 2004
Bought by
Tisoski James L and Tisoski E

Purchase Details

Closed on
Dec 7, 2000
Bought by
Tisoski James
Source: Public Records

Range of Values:

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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
Thorup William Barrett $959,900 Colonial Title Group
Mccann Paul D $310,473 --
Coffey Danny J $270,000 --
Tisoski James L $270,000 --
Tisoski James $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thorup William Barrett $767,920
Previous Owner Mccann Paul D $164,502
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $959,900 -2.0% $223 / Sq Ft
02/24/2024 02/24/24 Pending -- -- --
02/19/2024 02/19/24 Price Changed $979,000 -1.5% $228 / Sq Ft
02/12/2024 02/12/24 Price Changed $994,000 -0.1% $231 / Sq Ft
01/22/2024 01/22/24 Price Changed $995,000 -9.5% $232 / Sq Ft
01/01/2024 01/01/24 Price Changed $1,100,000 -4.3% $256 / Sq Ft
12/08/2023 12/08/23 Price Changed $1,150,000 -1.7% $268 / Sq Ft
12/01/2023 12/01/23 Price Changed $1,170,000 -1.7% $272 / Sq Ft
11/21/2023 11/21/23 Price Changed $1,190,000 -0.8% $277 / Sq Ft
10/30/2023 10/30/23 For Sale $1,200,000 -- $279 / 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 $2,271 $88,725 $16,500 $72,225
2023 $2,271 $88,725 $16,500 $72,225
2022 $2,276 $88,725 $16,500 $72,225
2021 $2,276 $88,725 $16,500 $72,225
2020 $2,276 $88,725 $16,500 $72,225
2019 $2,277 $80,450 $16,500 $63,950
2018 $2,277 $80,450 $16,500 $63,950
2017 $2,333 $80,450 $16,500 $63,950
2016 $2,081 $80,450 $16,500 $63,950
2015 $2,363 $80,450 $16,500 $63,950
2014 $2,363 $80,450 $16,500 $63,950
2013 $2,363 $98,475 $21,775 $76,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1244372

East Tennessee REALTORS® MLS

APN: 039-051.03