NOT LISTED FOR SALE

2582 Hemlock Rd Newport, TN 37821

Estimated Value: $315,000 - $578,000

5 Acres
$96,034 Price per Acre
217,800 Sq Ft Lot

Last Sold March 30, 2016

Last sale price $28,000 $10 Per Sq Ft

Est. 1,615% increase in value since last sale

Current estimated payment $2,700/month

14 Days on Market

Highlights

  • 5 Acre Lot
  • No HOA
  • Lot Has A Rolling Slope
  • Mountain View

About This Lot

As of March 2016

Spectacular view from this home site. 5 acres at end of road. View of several mountain ranges. Priced well below tax assessed value. Old building site in need of clean up.

Last Agent to Sell the Property

Sandra Taliaferro

The Realty Shop License #257574 Listed on: 01/18/2016

Last Buyer's Agent

Ryan Windham

The Realty Shop License #333780

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,733

Lot Details

  • 5 Acre Lot
  • Lot Has A Rolling Slope

Property Views

  • Mountain Views

Schools

  • Newport Grammar Elementary School
  • None Middle School
  • Cocke Co High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 042.04

Property Details

Property Type

Land

Est. Annual Taxes

$1,733

Lot Details

0

Listing Details

  • Directions: From US-321 S/TN-32/Cosby Hwy via Exit 436 toward Newport/Gatlinburg. Turn left onto Cosby Hwy. Turn left onto O'Neil Road. Turn Right onto Hemlock.
  • Prop. Type: Land
  • ResoSpecialListingConditions: In Foreclosure
  • Location Tax Legal Info Parcel ID: 042.04
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 5.0
  • General Property Description Zoning2: residential
  • General Property Description Elementary School3: Newport Grammar
  • General Property Description Middle School2: None
  • General Property Description High School3: Cocke Co
  • View Mountain(s): Yes
  • Utilities Electricity Available: Yes
  • Lot Features Rolling Slope2: Yes
  • Special Features: 1028
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Rolling Slope
  • View: Mountain(s)
  • Acres: 5.0

Utilities

  • Sewer: Other, See Remarks
  • Utilities: Electricity Available
  • Water Source: Other, See Remarks

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Newport Grammar
  • High School: Cocke Co
  • Middle Or Junior School: None

Lot Info

  • Zoning: residential
  • Lot Dimensions: 5 acres
  • Lot Size Sq Ft: 217800.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 042.04
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2020
Sold by
Johnson Cheryl Deanna and Johnson John Paul
Bought by
Johnson Cheryl Deanna and Johnson John Paul
Current Estimated Value
$480,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,810
Outstanding Balance
$174,243
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$305,929

Purchase Details

Closed on
Apr 27, 2017
Sold by
Shults Sherrell
Bought by
Johnson Deanna S and Johnson John P

Purchase Details

Listed on
Jan 18, 2016
Closed on
Feb 25, 2016
Sold by
Shults Sherrell
Bought by
Shults Sherrell and Shults Margaret J
Seller's Agent
Sandra Taliaferro
The Realty Shop
Buyer's Agent
Ryan Windham
The Realty Shop
List Price
$28,500
Sold Price
$28,000
Premium/Discount to List
-$500
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.87%

Purchase Details

Listed on
Jan 18, 2016
Closed on
Feb 23, 2016
Sold by
The Secretary Of Veterans Affairs
Bought by
Shults Sherrell
Seller's Agent
Sandra Taliaferro
The Realty Shop
Buyer's Agent
Ryan Windham
The Realty Shop
List Price
$28,500
Sold Price
$28,000
Premium/Discount to List
-$500
-1.75%

Purchase Details

Closed on
Jul 9, 2015
Sold by
Johnson John
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Jun 30, 2015
Sold by
Johnson John P
Bought by
Secretary Of Veterans Affairs %Department Of
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Johnson Cheryl Deanna -- Crystal Settlement Agency
Johnson Deanna S -- --
Shults Sherrell -- --
Shults Sherrell $28,000 --
The Secretary Of Veterans Affairs $216,027 --
Secretary Of Veterans Affairs %Department Of -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Cheryl Deanna $195,810
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2016 03/30/16 Sold $28,000 -1.8% $10 / Sq Ft
02/02/2016 02/02/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $28,500 -- $10 / 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 $1,733 $67,700 $15,325 $52,375
2023 $1,733 $63,950 $11,575 $52,375
2022 $1,640 $63,950 $11,575 $52,375
2021 $1,640 $63,950 $11,575 $52,375
2020 $303 $63,950 $11,575 $52,375
2019 $303 $10,700 $10,700 $0
2018 $303 $10,700 $10,700 $0
2017 $310 $10,700 $10,700 $0
2016 $277 $10,700 $10,700 $0
2015 $1,643 $10,700 $10,700 $0
2014 $1,643 $65,875 $10,700 $55,175
2013 $1,643 $68,475 $10,275 $58,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sandra Taliaferro

    The Realty Shop

    (423) 797-0117

    1 in this area

    43 Total Sales

    Sandra Taliaferro
    Section Image

  • R

    Buyer's Agent in 2016

    Ryan Windham

    The Realty Shop

    (423) 797-0117

    47 Total Sales

    Ryan Windham
    Section Image
See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 372120

Tennessee/Virginia Regional MLS

APN: 083-042.04

Tennessee Cocke County Newport 37821

2582 Hemlock Rd, Newport, TN

This home is located at 2582 Hemlock Rd, Newport, TN 37821 since 18 January 2016 and is currently estimated at $480,172, approximately $168 per square foot. 2582 Hemlock Rd is a home located in Cocke County with nearby schools including Cosby Elementary School and Cosby High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Tennessee/Virginia Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose website is being visited
Listing information is deemed reliable, but not guaranteed.

Nearby Homes