NOT LISTED FOR SALE

2487 Cosby Hwy Newport, TN 37821

Estimated Value: $519,000 - $709,661

3 Beds
4 Baths
2,508 Sq Ft
$248/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $437,000 $174 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,618/month

51 Days on Market

Highlights

  • Horses Allowed On Property
  • 3.3 Acre Lot
  • Seasonal View
  • RV Access or Parking
  • Deck
  • Cathedral Ceiling

About This Home

As of October 2020

Awesome Small, 3.3 acres Horse Ranch for the Horse Lovers right next to the smokies. Home was a 1991 small 575 sf cabin that was redone and added new space, over 2,000 sf in 2014 with finished walkout basement featuring a full bath and kitchenette. Has 2 detached garages and a over 1,900 sf horse barn with 6 stalls, wash bay and plenty of storage. There is a GAZEBO with a hot tub next to the barn. Home has a beautiful kitchen with quality cabinets, Granite counter tops and Stainless Steel Appliances. Hardwood floors throughout and beautiful custom doors and interior columns and beams. Master suite has a huge ensuite with walk in closets. Other two bedrooms have their own ensuites as well. Home comes with high end furniture including pool table & GE Washer & Dryer. Priced below 2019 Appraisal. MUST SEE TO APPRECIATE!!!!

Last Agent to Sell the Property

Raul Perez

Re/Max Preferred Properties SEY Listed on: 07/24/2020

Last Buyer's Agent

Dawn Hurst

Century 21 MVP License #333440

Century 21 MVP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,666

Year Built

  • Built in 1991

Lot Details

  • 3.3 Acre Lot
  • Fenced
  • Level Lot

Parking

  • 5 Car Garage
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Home Design

  • Log Cabin
  • Slab Foundation
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Great Room
  • Bonus Room
  • Wood Flooring
  • Seasonal Views
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Double Self-Cleaning Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

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

Finished Basement

  • Walk-Out Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Septic Permit Required

Additional Features

  • Accessibility Features
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,666

Year Built

Built in 1991

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Zoning: None
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • Horses: Yes
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Level
  • Road Frontage Type: City Street
  • Reso View: Seasonal
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 293
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 1408.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: Yes
  • Unit Levels: Basement Only, One
  • Reso Other Structures: Outbuilding, Shed(s), Storage, Workshop
  • ResoWindowFeatures: Window Treatments
  • Location Tax and Legal Tax Lot2: 7
  • Location Tax and Legal:Tax Annual Amount: 2666.5
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 3.3
  • General Property Information Above Grade Finished Area: 1408.0
  • General Property Information Below Grade Finished Area: 1100.0
  • General Property Information Bonus Room YN2: Yes
  • General Property Information:Furnished: Furnished
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Security Features:Smoke Detector(s): Yes
  • View Seasonal: Yes
  • Water Source:Public: Yes
  • Fencing Fenced: Yes
  • General Property Information Accessibility Features YN2: Yes
  • Levels:One: Yes
  • Foundation Details Slab: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures Storage4: Yes
  • Other Structures:Outbuilding: Yes
  • Other Structures:Workshop: Yes
  • Sewer Septic Permit Not Found: Yes
  • General Property Information Horse YN2: Yes
  • Levels Basement Only: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Crawl Space, Finished, Walk-Out Access
  • Appliances: Dishwasher, Double Oven, Electric Range, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Central Vacuum, Great Room, Soaking Tub, Solid Surface Counters, Walk-In Closet(s), Wet Bar
  • Street Number Modifier: 2487
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1100.0
  • Fireplace Features: Wood Burning
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Double Oven: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Central Vacuum: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Exterior Features: Rain Gutters, Storage
  • Roof: Metal
  • Fencing: Fenced
  • Acres: 3.3
  • Home Warranty: No
  • Construction Type: Log
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior Features:Storage2: Yes
  • Window Features:Window Treatments: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 5.0
  • Parking Features: Driveway, Garage Door Opener, Paved, Private, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 5.0
  • General Property Information:Attached Garage YN: No
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Private3: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Other
  • Sewer: Septic Tank, Septic Permit Not Found
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 143748.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2666.5
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Oct 27, 2020
Sold by
Wills Bobby R and Wills Betty S
Bought by
Nielsen Randolph A and Nielsen Jacquelyn B
Seller's Agent
Raul Perez
Re/Max Preferred Properties SEY
Buyer's Agent
Dawn Hurst
Century 21 MVP
List Price
$459,000
Sold Price
$437,000
Premium/Discount to List
-$22,000
-4.79%
Current Estimated Value
$622,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,665
Avg. Annual Appreciation
7.86%
Original Mortgage
$415,150
Outstanding Balance
$373,614
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$255,605

Purchase Details

Closed on
Jan 9, 2013
Sold by
Smokey Mountain Meditation
Bought by
Wills Bobby R and Wills Betty S

Purchase Details

Closed on
Oct 5, 2007
Bought by
Brantner Stanley J

Purchase Details

Closed on
Jun 1, 2004
Bought by
Smokey Mtn Meditation Inc

Purchase Details

Closed on
Apr 27, 1995
Bought by
Compton Jimmy C and Compton Janice L

Purchase Details

Closed on
Mar 4, 1991
Bought by
Compton Jimmy C and Compton Janice L
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
Nielsen Randolph A $437,000 None Available
Wills Bobby R $200,000 --
Brantner Stanley J $1,005,000 --
Smokey Mtn Meditation Inc $850,000 --
Compton Jimmy C $27,900 --
Compton Jimmy C $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nielsen Randolph A $415,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2021 01/26/21 Off Market $437,000 -- --
12/12/2020 12/12/20 Off Market $437,000 -- --
10/27/2020 10/27/20 Sold $437,000 -4.8% $174 / Sq Ft
07/24/2020 07/24/20 For Sale $459,000 -- $183 / 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 $2,700 $105,450 $26,050 $79,400
2023 $2,700 $105,450 $26,050 $79,400
2022 $2,705 $105,450 $26,050 $79,400
2021 $2,705 $105,450 $26,050 $79,400
2020 $2,667 $105,450 $26,050 $79,400
2019 $2,667 $94,225 $17,725 $76,500
2018 $2,667 $94,225 $17,725 $76,500
2017 $2,733 $94,225 $17,725 $76,500
2016 $2,438 $94,225 $17,725 $76,500
2015 $2,126 $94,225 $17,725 $76,500
2014 $2,126 $80,125 $17,725 $62,400
2013 $2,126 $88,575 $17,775 $70,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Raul Perez

    RE/MAX

  • D

    Buyer's Agent in 2020

    Dawn Hurst

    Century 21 MVP

    (865) 429-2121

    2 in this area

    19 Total Sales

    Dawn Hurst
    Section Image
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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 229374

Great Smoky Mountains Association of REALTORS®

APN: 083-045.51

Tennessee Cocke County Newport 37821

2487 Cosby Hwy, Newport, TN

This home is located at 2487 Cosby Hwy, Newport, TN 37821 since 24 July 2020 and is currently estimated at $622,665, approximately $248 per square foot. This property was built in 1991. 2487 Cosby Hwy is a home located in Cocke County with nearby schools including Cosby Elementary School and Cosby High School.

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