NOT LISTED FOR SALE

284 Cherry Hill Rd Newport, TN 37821

Estimated Value: $154,000 - $266,000

1 Bed
1 Bath
640 Sq Ft
$333/Sq Ft Est. Value

Last Sold May 12, 2016

Last sale price $100,000 $156 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,167/month

272 Days on Market

Highlights

  • Lake View
  • Ranch Style House
  • Central Heating and Cooling System
  • 5.18 Acre Lot
  • No HOA
  • 1 Car Garage

About This Home

As of May 2016

VIEWS!! VIEWS!! VIEWS!! INVESTMENT OR PRIVATE RETREAT? THIS CHARMING 1 BD ,1 BA. HAS A COVERED FRONT AND BACK PORCH, WOOD BURNING F/P,& A LOFT AREA. DETACHED GARAGE ON OVER 5 ACRES.GET LOST IN THE AMAZING MTN. VIEWS OR THE PHENOMENAL VIEWS OF THE LAKE.PRICED TO SELL !!!

Last Agent to Sell the Property

Gail Owen

Crye-Leike Realtors Listed on: 07/10/2015

Co-Listed By

Mark Meade

Crye-Leike Realtors

Last Buyer's Agent

ALEX LUDDEN

Coldwell Banker Wallace Alcoa License #332173

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $416

Year Built

  • Built in 1992

Lot Details

  • 5.18 Acre Lot
  • Property fronts a county road

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 640 Sq Ft Home
  • Wood Burning Fireplace
  • Lake Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Sugar Cove Subdivision

Listing and Financial Details

  • Tax Lot 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$416

Year Built

Built in 1992

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1992
  • Zoning: None
  • CoListOfficeEmail: jessicaweston14@gmail.com
  • Reso Property Sub Type: Single Family Residence
  • Road Frontage Type: County Road
  • Reso View: Lake
  • Co List Office Mls Id: 540
  • Co List Office Mls Id: 540
  • Subdivision Name: Sugar Cove
  • Above Grade Finished Sq Ft: 640.0
  • Architectural Style: Ranch
  • Fireplace: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Tax Lot2: 8
  • Location Tax and Legal:Tax Annual Amount: 415.8
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Lot Size Acres: 5.18
  • General Property Information Above Grade Finished Area: 640.0
  • 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
  • General Property Information View YN2: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • View:Lake2: Yes
  • Road Frontage Type County Road: Yes
  • Levels:One: Yes
  • Water Source:Well: Yes
  • Architectural Style Ranch2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Refrigerator
  • Street Number Modifier: 284
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Basement:None3: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Roof: Metal
  • Acres: 5.18
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 225640.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 415.8
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2015
Closed on
May 10, 2016
Sold by
Sheppard R Connor
Bought by
Kosel Larry Allan
Seller's Agent
Gail Owen
Crye-Leike Realtors
Buyer's Agent
ALEX LUDDEN
Coldwell Banker Wallace Alcoa
List Price
$135,000
Sold Price
$100,000
Premium/Discount to List
-$35,000
-25.93%
Current Estimated Value
$212,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,821
Avg. Annual Appreciation
8.33%
Original Mortgage
$75,000
Outstanding Balance
$33,136
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$179,685

Purchase Details

Closed on
Sep 21, 1989
Bought by
Sheppard R Connor R and Sheppard Sara R
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
Kosel Larry Allan $100,000 --
Sheppard R Connor R $9,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kosel Larry Allan $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2019 08/10/19 Off Market $100,000 -- --
05/12/2016 05/12/16 Sold $100,000 -25.9% $156 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
07/10/2015 07/10/15 For Sale $135,000 -- $211 / 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 $505 $19,725 $7,050 $12,675
2023 $505 $19,725 $7,050 $12,675
2022 $506 $19,725 $7,050 $12,675
2021 $506 $19,725 $7,050 $12,675
2020 $506 $19,725 $7,050 $12,675
2019 $490 $17,325 $7,050 $10,275
2018 $490 $17,325 $7,050 $10,275
2017 $502 $17,325 $7,050 $10,275
2016 $448 $17,325 $7,050 $10,275
2015 $462 $17,325 $7,050 $10,275
2014 $462 $17,325 $7,050 $10,275
2013 $462 $19,250 $9,125 $10,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 197708

Great Smoky Mountains Association of REALTORS®

APN: 037-005.07