NOT LISTED FOR SALE

2446 Tranquility Way Newport, TN 37821

Estimated Value: $142,000 - $204,000

2 Beds
1 Bath
768 Sq Ft
$237/Sq Ft Est. Value

Last Sold January 05, 2015

Last sale price $73,500 $96 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,008/month

21 Days on Market

Highlights

  • Wooded Lot
  • Double Pane Windows
  • Kitchen Island
  • Covered Patio or Porch
  • Shed
  • Central Heating and Cooling System

About This Home

As of January 2015

Charming 768 Sq Ft, 2BR/1BA Cabin w/Large Covered Front Porch on Wooded Lot! This Cozy Cabin Built in 1996 Has been Beautifully Maintained & Offers A Beautiful Wood Burning-Masonry Fireplace, Vaulted Ceilings w/Beams & Open Kitchen/Living Room! Great Location On The Peaceful Side Of The Smokies and Just Off Hwy 321 w/Easy Year Round Access & Only A Couple Miles From I-40! Would Make Great Private or Vacation Home & Great Overnight Rental Investment! Close to Restaurants, Shopping, Churches, Hospital, Rivers, Lakes, Trout Filled Streams, Appalachian Trail, National Parks, Dollywood, Gatlinburg & Pigeon Forge! Low Annual Taxes of $326 & NO State Income Tax!!!!

Last Agent to Sell the Property

Rae Massey

Massey Realty License #311729 Listed on: 11/14/2014

Last Buyer's Agent

Rae Massey

Massey Realty License #311729 Listed on: 11/14/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $438

Year Built

  • Built in 1996

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 145x215
  • Wooded Lot
  • Property is in average condition

Home Design

  • Cabin
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Double Pane Windows
  • Living Room with Fireplace
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Cosby Elementary School
  • None Middle School
  • Cosby High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 013.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$438

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Directions: From I-40 Exit# 435 (Gatlinburg-Newport), Go South on Hwy 321 Toward Gatlinburg 4.7 Miles, Left on Old Cosby Hwy & Go 4/10 Mile, Right On Hinkle Hill Rd, Left On Tranquility Way to Cabin On Left, See Signs! From Gatlinburg Go 321 N to Right on Old Cosby Hwy & Follow Above Directions
  • Prop. Type: Residential
  • Year Built: 1996
  • Property Sub Type: Single Family Residence
  • ResoSecurityFeatures: Smoke Detector(s)
  • Architectural Style: Cabin, Ranch
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.68
  • General Property Description Zoning2: None
  • General Property Description Elementary School3: Cosby
  • General Property Description Middle School2: None
  • General Property Description High School3: Cosby
  • Water Public: Yes
  • General Property Description Lot Dimensions: 145x215
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 768.0
  • General Property Description Above Grade SqFt: 768.0
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • General Property Description Parcel ID2: 013.00
  • General Property Description # Fireplaces: 1
  • Style Ranch: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • AC Ceiling Fan(s): Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Roof Metal3: Yes
  • Flooring Vinyl: Yes
  • Property Condition Average: Yes
  • Other Structures Storage2: Yes
  • Fireplace Masonry: Yes
  • TopographyLot Description Wooded: Yes
  • Structure Type:House: Yes
  • Security Features:Smoke Detector(s): Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Microwave, Refrigerator
  • Has Basement: Crawl Space
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Primary Downstairs, Kitchen Island
  • Window Features: Double Pane Windows
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Masonry
  • Fireplaces: 1
  • Total Bedrooms: 4
  • General Property Description Baths - Full: 1
  • Fireplace:Living Room: Yes
  • Interior Features:Kitchen Island: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Other Structures: Outbuilding, Shed(s), Storage
  • Acres: 0.68
  • Topography: Wooded
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Covered, Front Patio, Front Porch, Porch
  • Exterior Finish Wood Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Porch: Yes

Garage/Parking

  • Parking Features: Deeded
  • Attached Garage: No
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes

Schools

  • Elementary School: Cosby
  • High School: Cosby
  • Middle Or Junior School: None

Lot Info

  • Zoning: None
  • Lot Dimensions: 145x215
  • Lot Size Sq Ft: 29620.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 013.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2014
Closed on
Jan 1, 2015
Sold by
Logan Russell
Bought by
Burke Edward O
Seller's Agent
Rae Massey
Massey Realty
Buyer's Agent
Rae Massey
Massey Realty
List Price
$79,900
Sold Price
$73,500
Premium/Discount to List
-$6,400
-8.01%
Current Estimated Value
$182,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,813
Avg. Annual Appreciation
8.81%
Original Mortgage
$69,825
Outstanding Balance
$53,758
Interest Rate
3.98%
Mortgage Type
Cash
Estimated Equity
$128,555
Source: Public Records

Range of Values:

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Average Value
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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
Burke Edward O $73,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke Edward O $69,825
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2015 01/05/15 Sold $73,500 -8.0% $96 / Sq Ft
12/06/2014 12/06/14 Pending -- -- --
11/14/2014 11/14/14 For Sale $79,900 -- $104 / Sq Ft
Source: Tennessee/Virginia Regional 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 $438 $17,125 $3,100 $14,025
2023 $438 $17,125 $3,100 $14,025
2022 $439 $17,125 $3,100 $14,025
2021 $439 $17,125 $3,100 $14,025
2020 $439 $17,125 $3,100 $14,025
2019 $432 $15,250 $3,100 $12,150
2018 $432 $15,250 $3,100 $12,150
2017 $442 $15,250 $3,100 $12,150
2016 $395 $15,250 $3,100 $12,150
2015 $382 $15,250 $3,100 $12,150
2014 $382 $15,250 $3,100 $12,150
2013 $382 $15,900 $3,100 $12,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 355916

Tennessee/Virginia Regional MLS

APN: 083E-B-013.00