NOT LISTED FOR SALE

1381 River Chase Trail Newport, TN 37821

Estimated Value: $480,000 - $594,000

3 Beds
3.5 Baths
2,778 Sq Ft
$191/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $289,000 $104 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,942/month

81 Days on Market

Highlights

  • River Front
  • Deck
  • Cathedral Ceiling
  • 5 Acre Lot
  • Wooded Lot
  • No HOA

About This Home

As of April 2019

Remarkable!Unlimited Options! 3 Bedroom 3 and a half bath cabin style home on 5 wooded acres. Home nestled on the French Broad River. Private drive to huge open area on river. Home has wrap around deck overlooking property and river access with potentially phenomenal views. Although listed as 3 bedroom, basement is finished with room that could be used as bedroom.The wood that the mantle is made from is 150 years old. It came from a tobacco warehouse in Durham, NC that was torn down. The breastplate was made from a single board, not pieced together. It was constructed on site with a skill saw and router by a master cabinet maker, brother- in-law of the seller. Built with love. Lots of storage and plumbed for wet bar. Detached block garage with half bath. Wood built shed and 2 carports, one for cars and one for RV. Min. Restrictions.

Last Agent to Sell the Property

HEATH RHODES

Brian Keller Realty License #344386 Listed on: 12/03/2018

Last Buyer's Agent

HEATH RHODES

Brian Keller Realty License #344386 Listed on: 12/03/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,727

Year Built

  • Built in 1995

Lot Details

  • 5 Acre Lot
  • River Front
  • Level Lot
  • Wooded Lot

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Block Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Family Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 043.32

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,727

Year Built

Built in 1995

Lot Details

0

Parking

1

Listing Details

  • Carport Y N: No
  • Year Built: 1995
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: River
  • Lot Size Acres: 5.0
  • Lot Size: irr/irr/irr/irr
  • Water Body Name: Other
  • Subdivision Name: Other
  • Directions: From Downtown Newport , Follow 25S/70E for approx. 3.5 miles. Turn left onto Old Asheville Hwy for .5 miles. Turn right onto Rock Hill Rd, drive .4 Miles turn right onto River Chase Trl. Property on right. See sign.
  • Above Grade Finished Sq Ft: 1778.0
  • New Construction: No
  • Structure Type: Cabin
  • Location Tax and Legal:Parcel Number2: 043.32
  • General Property Information:Lot Size Acres: 5.0
  • General Property Information:Lot Size Dimensions: irr/irr/irr/irr
  • General Property Information:Waterfront YN: Yes
  • Water Source:Public: Yes
  • General Property Information:Bathrooms Half: 1
  • General Property Information:Living Area2: 2778.0
  • General Property Information:Above Grade Finished Area: 1778.0
  • General Property Information:Below Grade Finished Area: 1000.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: Yes
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Room Types:Basement3: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Vinyl: Yes
  • Levels:Two: Yes
  • Other Structures:Small Storage: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • Cooling:Electric: Yes
  • Utilities:Unknown Internet: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Main Level: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures:Workshop: Yes
  • Other Structures:Large Storage: Yes
  • Percent Basement Finished: Yes
  • Frontage Type:River: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Range, Refrigerator
  • Basement: Block, Finished, Full
  • Levels: Two
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1000.0
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2778.0
  • Window Features: Double Pane Windows, Other, Window Coverings
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Basement:Block: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Level, Rolling Slope, Wooded, Other
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Other Structures: Large Storage, Shed(s), Small Storage, Workshop
  • Patio And Porch Features: Covered, Deck, Porch
  • Lot Features:Level: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Other21: Yes
  • Window Features:Window Coverings: Yes
  • Lot Features:Wooded: Yes
  • Window Features:Other3: Yes

Garage/Parking

  • Garage Yn: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Basement, Garage Door Opener, Gravel
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Carport YN: No
  • Parking Features:Gravel: Yes
  • Parking Features:Basement2: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Unknown Internet
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 217800.0
  • Parcel #: 043.32
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2018
Closed on
Mar 28, 2019
Sold by
Bullock James W
Bought by
Ocalan Murat Mike and Ocalan Elizabeth Anne
Seller's Agent
HEATH RHODES
Brian Keller Realty
Buyer's Agent
HEATH RHODES
Brian Keller Realty
List Price
$299,000
Sold Price
$289,000
Premium/Discount to List
-$10,000
-3.34%
Current Estimated Value
$529,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,310
Avg. Annual Appreciation
9.66%
Original Mortgage
$235,350
Outstanding Balance
$206,914
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$322,396

Purchase Details

Closed on
Feb 27, 1992
Bought by
Bullock James W and Bullock Patricia A
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
Ocalan Murat Mike $261,500 Colonial Title Group Inc
Bullock James W $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocalan Murat Mike $235,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2019 04/01/19 Sold $289,000 -3.3% $104 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
12/03/2018 12/03/18 For Sale $299,000 -- $108 / 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 $1,727 $67,450 $25,050 $42,400
2023 $1,727 $67,450 $25,050 $42,400
2022 $1,730 $67,450 $25,050 $42,400
2021 $1,730 $67,450 $25,050 $42,400
2020 $1,749 $68,175 $25,050 $43,125
2019 $1,706 $60,275 $22,000 $38,275
2018 $1,706 $60,275 $22,000 $38,275
2017 $1,748 $60,275 $22,000 $38,275
2016 $1,559 $60,275 $22,000 $38,275
2015 $1,587 $60,275 $22,000 $38,275
2014 $1,587 $60,275 $22,000 $38,275
2013 $1,587 $66,125 $22,600 $43,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 581319

Lakeway Area Association of REALTORS®

APN: 048-043.32