NOT LISTED FOR SALE

2425 Old Highway 32 Newport, TN 37821

Estimated Value: $265,000 - $317,527

2 Beds
2 Baths
2,928 Sq Ft
$99/Sq Ft Est. Value

Last Sold March 25, 2013

Last sale price $86,000 $29 Per Sq Ft

Est. 266% increase in value since last sale

Current estimated payment $1,794/month

31 Days on Market

Highlights

  • 2.6 Acre Lot
  • No HOA
  • 1-Story Property
  • Cathedral Ceiling
  • Log Cabin
  • Central Heating and Cooling System

About This Home

As of March 2013

HUD FORECLOSURE - CASE #481-271365. Great deal on this log home situated on 2.6 acres with 2 fireplaces and a full basement with garage. Square footage taken from Courthouse records - Buyer needs to verify. For more info. visit www.HudHomeStore.com or www.HudPemco.com

Last Agent to Sell the Property

Sean Glenn

Era Lakeway Real Estate Co. License #254954 Listed on: 01/11/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $840

Year Built

  • Built in 1993

Lot Details

  • 2.6 Acre Lot
  • Property fronts a county road
  • Level Lot

Parking

  • 1 Car Garage
  • Basement Garage

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding
  • Block And Beam Construction

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic Access Panel
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$840

Year Built

Built in 1993

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1993
  • Zoning: Residential
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Level
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 236
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 2064.0
  • Architectural Style: Log
  • Fireplace: Yes
  • Unit Levels: One
  • Location Tax and Legal Tax Lot2: 0
  • General Property Information Lot Size Acres: 2.6
  • General Property Information Above Grade Finished Area: 2064.0
  • General Property Information Below Grade Finished Area: 864.0
  • General Property Information Below Grade Unfinished Area: 336.0
  • General Property Information Bonus Room YN2: No
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Architectural Style Log2: Yes
  • Attic Features Access Only: Yes
  • Cooling:Central Air: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Road Frontage Type County Road: Yes
  • Levels:One: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Full, Partially Finished
  • Interior Amenities: Cathedral Ceiling(s)
  • Street Number Modifier: 2425
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 864.0
  • Fireplace Features: Masonry
  • Interior Features:Cathedral Ceiling(s): Yes
  • Basement:Basement2: Yes
  • Full Basement: Yes
  • Fireplace Features:Masonry: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Roof: Metal
  • Acres: 2.6
  • Home Warranty: No
  • Construction Type: Block, Log
  • Construction Materials:Log: Yes
  • Lot Features:Level: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Block: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Basement
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Basement: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 113256.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2013
Closed on
Mar 15, 2013
Sold by
Secretary Of Housing And U
Bought by
Acree Lori Ann
Seller's Agent
Sean Glenn
Era Lakeway Real Estate Co.
List Price
$95,000
Sold Price
$86,000
Premium/Discount to List
-$9,000
-9.47%
Current Estimated Value
$314,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,830
Avg. Annual Appreciation
10.34%

Purchase Details

Closed on
Jun 4, 2010
Sold by
Lyons Ronald J Judy F
Bought by
Secretary Of Housing & Urban Dev % Michaelson

Purchase Details

Closed on
Jun 19, 2006
Sold by
Daniels Janet K
Bought by
Lyons Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 1994
Bought by
Daniels Roger T and Daniels Janet K

Purchase Details

Closed on
May 7, 1993
Bought by
Leverock Ronald V and Leverock Sandra J
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
Acree Lori Ann $86,000 --
Secretary Of Housing & Urban Dev % Michaelson $177,200 --
Secretary Of Housing And Urban $177,218 --
Lyons Ronald J $160,000 --
Daniels Roger T $64,500 --
Leverock Ronald V $11,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lyons Ronald J $170,520
Previous Owner Leverock Ronald V $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2016 06/23/16 Off Market $86,000 -- --
03/25/2013 03/25/13 Sold $86,000 -9.5% $29 / Sq Ft
02/11/2013 02/11/13 Pending -- -- --
01/11/2013 01/11/13 For Sale $95,000 -- $32 / 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 $840 $32,800 $4,325 $28,475
2023 $840 $32,800 $4,325 $28,475
2022 $841 $32,800 $4,325 $28,475
2021 $841 $32,800 $4,325 $28,475
2020 $841 $32,800 $4,325 $28,475
2019 $814 $28,775 $4,325 $24,450
2018 $814 $28,775 $4,325 $24,450
2017 $834 $28,775 $4,325 $24,450
2016 $744 $28,775 $4,325 $24,450
2015 $780 $28,775 $4,325 $24,450
2014 $780 $28,775 $4,325 $24,450
2013 $780 $32,500 $4,350 $28,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 178812

Great Smoky Mountains Association of REALTORS®

APN: 083E-B-003.00