NOT LISTED FOR SALE

2506 Hemlock Rd Newport, TN 37821

Estimated Value: $315,291 - $401,000

3 Beds
2.5 Baths
1,512 Sq Ft
$229/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $73,000 $48 Per Sq Ft

Est. 374% increase in value since last sale

Current estimated payment $1,909/month

Highlights

  • Deck
  • Ranch Style House
  • Covered Patio or Porch
  • Cathedral Ceiling
  • No HOA
  • Living Room

About This Home

As of July 2017

Bank owned ranch with vaulted ceilings, almost new wraparound deck, full unfinished basement with half bath/laundry room and tons of potential for expansion. Some walls already in place - great for rec room, additional living area or huge workshop. 3 bedrooms with 2 bedroom septic. See attachment for PAS requirements and WFHM offer submittal information in MLS document section.

Last Agent to Sell the Property

Non Member

Non Member - Sales Listed on: 06/05/2017

Last Buyer's Agent

Fran Prickett

Century 21-Morristown License #276231

Century 21-Morristown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $794

Year Built

  • Built in 1993

Lot Details

  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,512 Sq Ft Home
  • Cathedral Ceiling
  • Vinyl Clad Windows
  • Living Room
  • Basement
  • Laundry in Basement
  • Dishwasher

Flooring

  • Parquet
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 082.07

Home Details

Home Type

Single Family

Est. Annual Taxes

$794

Year Built

Built in 1993

Lot Details

0

Parking

1

Listing Details

  • Carport Y N: No
  • Year Built: 1993
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 0/0/0/0
  • Subdivision Name: None
  • Directions: Cosby Hwy to left on O'Neil Road, right on Hemlock. House on left.
  • Above Grade Finished Sq Ft: 1512.0
  • Architectural Style: Ranch
  • New Construction: No
  • Location Tax and Legal:Parcel Number2: 082.07
  • General Property Information:Lot Size Dimensions: 0/0/0/0
  • General Property Information:Waterfront YN: No
  • Water Source:Public: Yes
  • General Property Information:Bathrooms Half: 1
  • General Property Information:Living Area2: 1512.0
  • General Property Information:Above Grade Finished Area: 1512.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Architectural Style:Ranch: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Levels:One: Yes
  • Roof:Shingle: Yes
  • Room Types:Basement3: Yes
  • Room Types:Living Room2: Yes
  • General Property Information:Basement YN: Yes
  • Utilities:Unknown Internet: Yes
  • Laundry Features:In Basement: Yes
  • Flooring:Parquet: Yes
  • Room Types:Laundry: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Parquet, Tile
  • Appliances: Dishwasher, Electric Water Heater
  • Levels: One
  • Interior Amenities: Cathedral Ceiling(s), Vaulted Ceiling(s)
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1512.0
  • Window Features: Vinyl Clad Frames
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Level, Rolling Slope
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Covered, Deck, Porch
  • Lot Features:Level: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Rolling Slope: Yes
  • Window Features:Vinyl Clad Frames: Yes

Garage/Parking

  • Garage Yn: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Basement, Other
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Carport YN: No
  • Parking Features:Other24: Yes
  • Parking Features:Basement2: Yes

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, In Basement
  • Utilities: Unknown Internet
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: Laundry
  • Association Fee Frequency: Monthly
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 082.07

Tax Info

  • Tax Map Number: 083

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2017
Closed on
Jul 13, 2017
Sold by
Wells Fargo Bank Na
Bought by
Hoover Debra A
Seller's Agent
Non Member
Non Member - Sales
Buyer's Agent
Fran Prickett
Century 21-Morristown
List Price
$73,000
Sold Price
$73,000
Current Estimated Value
$346,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,323
Avg. Annual Appreciation
20.80%
Original Mortgage
$28,000
Outstanding Balance
$15,353
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$330,970

Purchase Details

Closed on
Jun 15, 2016
Sold by
Spears Harold D
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 28, 2007
Sold by
Watts Ricky
Bought by
Spears Harold D

Purchase Details

Closed on
Aug 1, 2007
Sold by
Deutsche Bank National Tru
Bought by
Watts Ricky

Purchase Details

Closed on
Apr 24, 2007
Bought by
Deutsche Bank National Trust Company Ste 101
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
Hoover Debra A $73,000 None Available
Wells Fargo Bank Na $96,800 --
Spears Harold D $138,000 --
Watts Ricky $103,000 --
Deutsche Bank National Trust Company Ste 101 $142,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoover Debra A $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2018 10/12/18 Off Market $73,000 -- --
07/14/2017 07/14/17 Sold $73,000 0.0% $48 / Sq Ft
07/14/2017 07/14/17 Sold $73,000 0.0% $48 / Sq Ft View Prior Sale
06/05/2017 06/05/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $73,000 -18.8% $48 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $89,900 -- $59 / 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 $794 $31,000 $3,575 $27,425
2023 $794 $31,000 $3,575 $27,425
2022 $795 $31,000 $3,575 $27,425
2021 $795 $31,000 $3,575 $27,425
2020 $775 $31,000 $3,575 $27,425
2019 $775 $27,400 $3,575 $23,825
2018 $775 $27,400 $3,575 $23,825
2017 $795 $27,400 $3,575 $23,825
2016 $709 $27,400 $3,575 $23,825
2015 $747 $27,400 $3,575 $23,825
2014 $747 $27,400 $3,575 $23,825
2013 $747 $31,125 $3,575 $27,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 575041

Lakeway Area Association of REALTORS®

APN: 083-082.07