NOT LISTED FOR SALE

1516 Lark Rd Newport, TN 37821

Estimated Value: $279,895 - $385,000

18 Acres
$18,078 Price per Acre
801,068 Sq Ft Lot

Last Sold July 19, 2023

Last sale price $265,000 $275 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,826/month

136 Days on Market

Highlights

  • 18.39 Acre Lot
  • No HOA
  • Level Lot
  • Mountain View
  • Greenbelt

About This Lot

As of July 2023

BEAUTIFUL ACREAGE WITH MOUNTAIN VIEWS. OWNER HAS ALREADY INSTALLED 2 COUNTY WATER METERS & SEPTIC SYSTEM. PROPERTY IS MOSTLY CLEARED AND LEVEL. UNRESTRICTED AND PERFECT FOR TINY HOME COMMUNITY OR BUILD YOUR DREAM HOME AND HAVE PASTURE FOR HORSES OR LIVESTOCK. PROPERTY IS ON THE GREENBELT AT THIS TIME.

Last Agent to Sell the Property

Kristie Suggs

Scenic Realty License #250369 Listed on: 02/21/2023

Co-Listed By

Marie Wood

Scenic Realty License #22510

Last Buyer's Agent

Seth Clark

Crye-Leike Lakeway West License #361017

Crye-Leike Lakeway West

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $162

Lot Details

  • 18.39 Acre Lot
  • Level Lot
  • Cleared Lot

Additional Features

  • Mountain Views
  • Mobile Home Allowed
  • Septic Tank

Community Details

  • No Home Owners Association
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 005.00

Property Details

Property Type

Land

Est. Annual Taxes

$162

Lot Details

0

Listing Details

  • Possible Use: Farm, Manufactured Home, Multi-Family, Residential, Single Family
  • Fencing: None
  • Property Sub Type: Farm
  • Prop. Type: Land
  • Lot Size Acres: 18.39
  • Lot Size: IRR
  • Subdivision Name: n/a
  • Directions: HWY 25/70 E TURN ONTO HWY 73 GOING TO EDWINA THEN TAKE A LEFT ONTO SWEETWATER RD AND THEN TO LARK RD ON RIGHT LOOK FOR SIGNS ON LEFT
  • Location Tax and Legal:Tax Annual Amount: 161.6
  • Location Tax and Legal:Tax Year2: 2022
  • Location Tax and Legal:Parcel Number2: 005.00
  • General Property Information:Lot Size Acres: 18.39
  • General Property Information:Lot Size Dimensions: IRR
  • General Property Information:Waterfront YN: No
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Mobile Home Allowed:Mobile Home Allowed: Yes
  • View:Mountain(s): Yes
  • Utilities:Unknown Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Cleared, Gentle Sloping, Greenbelt, Level
  • Waterfront: No
  • Disclosures: None, Other
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Level: Yes
  • Lot Features:Greenbelt: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Unknown Internet, Other
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Row Crops
  • Lot Size Sq Ft: 801068.4
  • Parcel #: 005.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 161.6
  • Tax Map Number: 085
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
Jul 19, 2023
Sold by
Pace Peggy Sue
Bought by
Finley Whitney
Seller's Agent
Kristie Suggs
Scenic Realty
Buyer's Agent
Seth Clark
Crye-Leike Lakeway West
List Price
$299,900
Sold Price
$265,000
Premium/Discount to List
-$34,900
-11.64%
Views
144
Current Estimated Value
$331,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,021
Avg. Annual Appreciation
14.83%

Purchase Details

Closed on
Dec 17, 1999
Sold by
Pace Peggy Sue James
Bought by
Hall Ransom
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Finley Whitney $265,000 Lakeway Title
Hall Ransom $950 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Sold $265,000 -11.6% $275 / Sq Ft
02/21/2023 02/21/23 For Sale $299,900 -- $312 / 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 $161 $6,300 $6,300 $0
2023 $0 $6,300 $6,300 $0
2022 $162 $6,300 $6,300 $0
2021 $162 $6,300 $6,300 $0
2020 $162 $6,300 $6,300 $0
2019 $175 $6,175 $6,175 $0
2018 $175 $6,175 $6,175 $0
2017 $179 $6,175 $6,175 $0
2016 $160 $6,175 $6,175 $0
2015 $121 $6,175 $6,175 $0
2014 $121 $6,175 $6,175 $0
2013 $121 $5,025 $5,025 $0
Source: Public Records

Agents Affiliated with this Home

  • Kristie Suggs

    Seller's Agent in 2023

    Kristie Suggs

    Scenic Realty

    (865) 322-0008

    28 in this area

    54 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Marie Wood

    Scenic Realty

    (423) 623-1200

    19 in this area

    27 Total Sales

    Section Image

  • S

    Buyer's Agent in 2023

    Seth Clark

    Crye-Leike Lakeway West

    (423) 736-4816

    1 in this area

    13 Total Sales

    Section Image
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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 611380

Lakeway Area Association of REALTORS®

APN: 085-005.00

Tennessee Cocke County Newport 37821

1516 Lark Rd, Newport, TN

This home is located at 1516 Lark Rd, Newport, TN 37821 since 21 February 2023 and is currently estimated at $332,448, approximately $345 per square foot. 1516 Lark Rd is a home located in Cocke County with nearby schools including Bridgeport Elementary School and Cocke County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Lakeway Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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