NOT LISTED FOR SALE

2048 Ivy Way Newport, TN 37821

Estimated Value: $530,000 - $856,000

4 Beds
3 Baths
3,224 Sq Ft
$219/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $789,000 $245 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $3,965/month

74 Days on Market

Highlights

  • Gated Community
  • Deck
  • Cathedral Ceiling
  • Lake View
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of October 2023

Absolutely AMAZING property!!! This Home is absolutely breath taking. This is in a gated community with a beautiful man made waterfall at the entrance. This home has some the best lake views I've ever seen. The large open space is surrounded by windows so that there is a view at every turn. The owners spared no expense with the basement being as well done as the main living area. The basement has it own large great room, kitchenette, office/bedroom, bathroom and large deck. The outside of the home has over 1,500 sf of decking. This is a very desirable area with being only minutes drive to the Great Smokey Mountains, Knoxville, Asheville, restaurants, shopping airports and so much more. There is an adjoining lot and a covered boat slip that are optional with sales price of $799,000.

Last Agent to Sell the Property

Billy Askew

Askew Realty Group License #269829 Listed on: 06/09/2023

Last Buyer's Agent

WENDY BALL

Askew Realty Group License #274391

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,400

Year Built

  • Built in 2020

Lot Details

  • 8,276 Sq Ft Lot
  • Property fronts a highway

HOA Fees

  • $44 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Brick or Stone Mason
  • Masonry
  • Stucco

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Great Room
  • Living Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Game Room
  • Utility Room
  • Washer and Electric Dryer Hookup
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 41

Community Details

Overview

  • Association fees include roads
  • Emerald Association
  • Emerald Pointe Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,400

Year Built

Built in 2020

Lot Details

0

HOA Fees

$44 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Zoning: Residential
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • Road Frontage Type: Highway
  • Reso View: Lake, Mountain(s)
  • ResoSecurityFeatures: Gated Community
  • Reso Association Fee Includes: Roads
  • Subdivision Name: Emerald Pointe
  • Above Grade Finished Sq Ft: 1963.0
  • Architectural Style: Contemporary
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: Yes
  • Unit Levels: One
  • Reso Other Structures: Workshop
  • ResoWindowFeatures: Double Pane Windows
  • Location Tax and Legal Tax Lot2: 41
  • Location Tax and Legal:Tax Annual Amount: 2400.0
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Lot Size Acres: 0.19
  • General Property Information Above Grade Finished Area: 1963.0
  • General Property Information Below Grade Finished Area: 1261.0
  • General Property Information Below Grade Unfinished Area: 80.0
  • General Property Information Bonus Room YN2: Yes
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • General Property Information View YN2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Sewer:Public Sewer: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Room Types Bedroom 2 Level: 1
  • Room Types Dining Room: Yes
  • Room Types Dining Room Level: 1
  • Room Types Great Room: Yes
  • Room Types Great Room Level: B
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Primary Bedroom Level: 1
  • Room Types Utility Room: Yes
  • Room Types Utility Room Level: 1
  • Interior Features Formal Dining: Yes
  • View:Lake2: Yes
  • Levels:One: Yes
  • Room Types Bedroom 3 Level: 1
  • Other Structures:Workshop: Yes
  • Architectural Style:Contemporary: Yes
  • Room Types Game Room: Yes
  • Room Types Game Room Level: B
  • Road Frontage Type Highway: Yes
  • Room Types Den: Yes
  • Room Types Den Level: B
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished, Walk-Out Access
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Formal Dining, Great Room, Solid Surface Counters, Walk-In Closet(s)
  • Street Number Modifier: 2048
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1261.0
  • Fireplace Features: Electric
  • Total Bedrooms: 20
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Solid Surface Counters: Yes
  • Security Features:Gated Community: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.19
  • View: Yes
  • Home Warranty: No
  • Construction Type: Masonry, Stucco
  • Patio And Porch Features: Covered, Deck
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Masonry3: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 525.0
  • Association Fee Frequency: Annually
  • Association Name: Emerald
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2400.0
  • Tax Lot: 41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2023
Sold by
Webster Mark
Bought by
Patel Mihir
Current Estimated Value
$705,888

Purchase Details

Closed on
Mar 14, 2018
Sold by
Smartbank
Bought by
Webster Mark and Lowe Pamela

Purchase Details

Closed on
Aug 3, 2012
Sold by
Smartbank
Bought by
Smartbank

Purchase Details

Closed on
Apr 30, 2007
Bought by
Treadway Lawrence E and Treadway Angela Treadway
Source: Public Records

Range of Values:

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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
Patel Mihir $15,900 --
Webster Mark $21,000 Smoky Mountain Title
Smartbank -- --
Treadway Lawrence E $1,900,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2023 10/06/23 Sold $789,000 -1.3% $245 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
06/10/2023 06/10/23 For Sale $799,000 -- $248 / Sq Ft
Source: Great Smoky Mountains 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 $2,408 $94,050 $10,125 $83,925
2023 $2,408 $94,050 $10,125 $83,925
2022 $2,412 $94,050 $10,125 $83,925
2021 $2,354 $94,050 $10,125 $83,925
2020 $1,640 $91,775 $10,125 $81,650
2019 $253 $8,950 $8,950 $0
2018 $253 $8,950 $8,950 $0
2017 $260 $8,950 $8,950 $0
2016 $232 $8,950 $8,950 $0
2015 $330 $8,950 $8,950 $0
2014 $330 $8,950 $8,950 $0
2013 $330 $13,750 $13,750 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Billy Askew

    Askew Realty Group

    (865) 322-5722

    22 in this area

    55 Total Sales

    Billy Askew
    Section Image
  • WENDY BALL

    Buyer's Agent in 2023

    WENDY BALL

    Askew Realty Group

    (423) 237-3779

    33 in this area

    66 Total Sales

    WENDY BALL
    Section Image
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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 257763

Great Smoky Mountains Association of REALTORS®

APN: 023L-A-041.00

Tennessee Cocke County Newport 37821

2048 Ivy Way, Newport, TN

Not Listed for Sale

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