NOT LISTED FOR SALE

316 Prospect Ave Newport, TN 37821

Newport Area

Estimated Value: $183,696 - $221,000

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

Sale Details

Date Sold: August 25, 2023

Last sale price $172,000 $199 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,224 / mo

14 Days on Market

Highlights

  • Deck
  • No HOA
  • Laundry closet
  • Newport Grammar School Rated A-
  • Covered Patio or Porch
  • 4-minute walk to Newport Parks & Recreation

About This Home

As of August 2023

Sellers to give buyers 3% concession for closing cost. Welcome to Newport! This charming starter home offers a refreshed and inviting atmosphere, making it the ideal choice for those seeking comfort and convenience. With two bedrooms and one bathroom, this property is perfect for young professionals, small families, or individuals looking to downsize. The home features a new HVAC system with 10 year warranty, new roof, new PEX plumbing, new water heater, new flooring, and many other updates! It is move in ready. Situated in Newport, you'll have access to a wide range of amenities and attractions. Close to I-40, and the Smoky Mountains. Call now to schedule your showing.

Last Agent to Sell the Property

LISA BROWN

Crye-Leike Premier Real Estate LLC License #319845 Listed on: 07/01/2023

Crye-Leike Premier Real Estate LLC

Co-Listed By

Karl Brown

Crye-Leike Premier Real Estate LLC License #349467

Last Buyer's Agent

IAN CULLEN

Tennessee Valley Appraisal Services License #1778

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $895

Year Built

  • Built in 2004

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 52x144.9

Parking

  • 3 Open Parking Spaces

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tilt-In Windows
  • Luxury Vinyl Tile Flooring
  • Fire and Smoke Detector
  • Electric Range
  • Laundry closet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • City Lot

Utilities

  • Central Air
  • Heat Pump System
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 048.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$895

Year Built

Built in 2004

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Year Built: 2004
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Lot Size: 52x144.9
  • Road Frontage Type: City Street
  • Directions: I-40 to exit 435 from Morristown/Knoxville. Turn left onto Cosby Hwy. Turn right onto Mulberry St, Turn left onto Prospect Ave. Home is on the right. No Sign, GPS friendly
  • Above Grade Finished Sq Ft: 864.0
  • New Construction: No
  • Structure Type: House
  • Location Tax and Legal:Tax Annual Amount: 894.62
  • Location Tax and Legal:Tax Year2: 2022
  • Location Tax and Legal:Parcel Number2: 048.01
  • General Property Information:Lot Size Acres: 0.15
  • General Property Information:Lot Size Dimensions: 52x144.9
  • General Property Information:Waterfront YN: No
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Water Source:Public: Yes
  • General Property Information:Living Area2: 864.0
  • General Property Information:Above Grade Finished Area: 864.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: No
  • Appliances Refrigerators: Yes
  • Foundation Details:Block3: Yes
  • Levels:One: Yes
  • Roof:Shingle: Yes
  • General Property Information:Basement YN: No
  • Security Features:Smoke Detector(s): Yes
  • Utilities:Sewer Connected: Yes
  • Cooling:Central Air: Yes
  • Cooling:Electric: Yes
  • Laundry Features:Laundry Closet: Yes
  • General Property Information:Enhanced Accessible2: No
  • Flooring:Luxury Vinyl: Yes
  • General Property Information:Cooling YN: Yes
  • General Property Information:Heating YN: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Water Connected: Yes
  • Location Tax and Legal:Additional Parcels YN: No
  • General Property Information:Land Lease YN2: No
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Flooring: Luxury Vinyl
  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Stainless Steel Appliance(s)
  • Levels: One
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 864.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Window Features: Tilt Windows
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Stainless Steel Appliance(s): Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Exterior Features: Rain Gutters
  • Lot Features: City Lot
  • Waterfront: No
  • Construction Type: Block, Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Lot Features:City Lot: Yes
  • Construction Materials:Block2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Covered2: Yes
  • Window Features:Tilt Windows: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Garage Yn: No
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Open Parking: Yes
  • Parking Features: Gravel
  • Total Parking Spaces: 3.0
  • General Property Information:Garage YN: No
  • Parking Features:Gravel: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 3.0
  • General Property Information:Parking Total: 3.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Electric: 220 Volts
  • Laundry Features: Laundry Closet
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating:Heat Pump2: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Additional Parcels: No
  • Parcel #: 048.01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 894.62
  • Tax Map Number: 056B
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2023
Sold by
Bought by
Current Estimated Value
$205,174

Purchase Details

Closed on
Feb 9, 2020
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Newport, TN

  • Penny Cowell Real Estate Agent - Monarch Realty LLC

    Penny Cowell

    Monarch Realty LLC

    (865) 324-0846

    95 Total Sales

    8 in Newport

    $45K - $235K Price Range

    Penny Cowell
     Section Image
  • Dustin Weaver Real Estate Agent - Keller Williams Realty

    Dustin Weaver

    Keller Williams Realty

    (865) 249-0459

    136 Total Sales

    3 in Newport

    $38K - $75K Price Range

    Dustin Weaver
     Section Image
  • Keela Payne Real Estate Agent - Mountain Home Realty

    Keela Payne

    Mountain Home Realty

    (865) 234-4341

    88 Total Sales

    4 in Newport

    $87K - $175K Price Range

    Keela Payne
     Section Image
  • Maureen Moses Real Estate Agent - Reciprocal Lakeway

    Maureen Moses

    Reciprocal Lakeway

    (865) 509-9737

    78 Total Sales

    1 in Newport

    $140,000 Price

    Maureen Moses
     Section Image
  • Charity Brown Real Estate Agent - Tennessee Elite Realty

    Charity Brown

    Tennessee Elite Realty

    (865) 666-3416

    394 Total Sales

    3 in Newport

    $385,000 Price Range

    Charity Brown
     Section Image
  • Emili Spangler Real Estate Agent - Prime Mountain Properties

    Emili Spangler

    Prime Mountain Properties

    (423) 523-8563

    149 Total Sales

    5 in Newport

    $225K - $305K Price Range

    Emili Spangler
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$119,500 Colonial Title Group
$9,200 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $168,884
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/25/2023 08/25/23 Sold $172,000 -7.0% $199 / Sq Ft
07/01/2023 07/01/23 For Sale $184,900 -- $214 / Sq Ft
Source: Lakeway Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,154 $38,150 $5,250 $32,900
2024 $894 $17,975 $3,825 $14,150
2023 $894 $17,975 $3,825 $14,150
2022 $895 $17,975 $3,825 $14,150
2021 $895 $17,975 $3,825 $14,150
2020 $895 $17,975 $3,825 $14,150
2019 $961 $17,575 $3,825 $13,750
2018 $961 $17,575 $3,825 $13,750
2017 $1,018 $17,575 $3,825 $13,750
2016 $963 $17,575 $3,825 $13,750
2015 $731 $17,575 $3,825 $13,750
2014 $731 $17,575 $3,825 $13,750
2013 $731 $17,625 $2,450 $15,175
Source: Public Records

Agents Affiliated with this Home

  • LISA BROWN Real Estate Agent - Crye-Leike Premier Real Estate LLC

    Seller's Agent in 2023

    LISA BROWN

    Crye-Leike Premier Real Estate LLC

    (423) 312-9919

    252 Total Sales

    LISA BROWN
    Section Image
  • Karl Brown Real Estate Agent - Crye-Leike Premier Real Estate LLC

    Seller Co-Listing Agent in 2023

    Karl Brown

    Crye-Leike Premier Real Estate LLC

    (423) 200-8887

    125 Total Sales

    Karl Brown
    Section Image

  • I

    Buyer's Agent in 2023

    IAN CULLEN

    Tennessee Valley Appraisal Services

    (423) 746-0027

    4,113 Total Sales

    IAN CULLEN
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member

    Non Member - Sales

See All Agents

Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 700353

Lakeway Area Association of REALTORS®

APN: 056B-B-048.01

Tennessee Cocke County Newport 37821

316 Prospect Ave, Newport, TN

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.

Lakeway Area Association of REALTORS® 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. Information is deemed reliable but not guaranteed.

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