NOT LISTED FOR SALE

502 8th St Newport, TN 37821

Estimated Value: $197,481 - $239,000

3 Beds
1 Bath
1,088 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 27, 2018

Last sale price $109,900 $101 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,289/month

20 Days on Market

Highlights

  • RV Access or Parking
  • Ranch Style House
  • Covered Patio or Porch
  • Newport Grammar School Rated A-
  • Wood Flooring
  • 4-minute walk to 9th Street Dog Park

About This Home

As of August 2018

LOCATION! LOCATION! 3BR/1BA, 1088 Sq. Ft. Brick Home w/Basement! This Cute & Cozy 1950 Cottage Style Home Offers a Full Basement w/Lots of Storage & Room to Grow! Many Upgrades Include Remodeled Bath, Newer Roof, Upgraded Electrical Panel, Natural Gas HVAC, Hardwood Flooring, Fireplace, Large Covered Back Porch, Oversize Lot w/Garden Area, Large Storage Shed & 3 Car Detached Carport! Walking Distance to Tennessees Highly Accredited Newport Grammar School, Tennova Hospital & Only 500 Ft from the Neighborhood Playground! Well Established & Peaceful Neighborhood, People Walk the Streets Regularly! Very Short Drive to Douglas Lake, Great Smoky Mtn. National Park, Gatlinburg & Pigeon Forge!

Last Agent to Sell the Property

Rae Massey

Massey Realty License #311729 Listed on: 05/22/2018

Last Buyer's Agent

Rae Massey

Massey Realty License #311729 Listed on: 05/22/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,410

Year Built

  • Built in 1950

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 120x131
  • Landscaped
  • Level Lot
  • Garden
  • Property is in average condition

Home Design

  • Ranch Style House
  • Cottage
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,088 Sq Ft Home
  • Paneling
  • Ceiling Fan
  • Brick Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector
  • Dishwasher
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction
  • Stubbed For A Bathroom

Parking

  • Detached Garage
  • 3 Carport Spaces
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Cable TV Available

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 056B E 010.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,410

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: From I-40 Exit# 435 (Gatlinburg/Newport) Go Hwy 321 North Approx. 1 Mile, Right on Jones Circle @ Capital Bank, continue past Cemetery to Left on 8th Street to Cute Home on Right! See Signs!
  • Prop. Type: Residential
  • Year Built: 1950
  • Garage Carport Spaces: 3
  • Property Sub Type: Single Family Residence
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Landscaping
  • Architectural Style: Cottage, Ranch
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.37
  • General Property Description Zoning2: R-1
  • General Property Description Elementary School3: Newport Grammar
  • General Property Description Middle School2: None
  • General Property Description High School3: Cocke Co
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 120X131
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1088.0
  • General Property Description Above Grade SqFt: 1088.0
  • AC Central Air: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 056B E 010.00
  • General Property Description # Fireplaces: 1
  • Style Ranch: Yes
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • Interior Features KitchenDining Combo: Yes
  • AC Ceiling Fan(s): Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Utilities Cable Available: Yes
  • Foundation Block6: Yes
  • Flooring Vinyl: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • Basement Block4: Yes
  • Other Structures Storage2: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Security Features:Smoke Detector(s): Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Has Basement: Block, Concrete, Full, Interior Entry, Partially Finished, Plumbed
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Primary Downstairs, Kitchen/Dining Combo
  • Window Features: Double Pane Windows
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Brick, Living Room
  • Fireplaces: 1
  • Total Bedrooms: 5
  • General Property Description Baths - Full: 1
  • Appliances Dishwasher: Yes
  • Fireplace:Living Room: Yes
  • Fireplace:Brick3: Yes
  • Basement:Interior Entry: Yes
  • Basement:Partially Finished: Yes
  • Basement:Concrete3: Yes
  • Full Basement: Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Plumbed: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Shingle
  • Other Structures: Outbuilding, Shed(s), Storage
  • Exterior Features: Garden
  • Acres: 0.37
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Rear Patio
  • Exterior Finish Brick4: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Garden: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Rear Patio: Yes

Garage/Parking

  • Parking Features: RV Access/Parking, Asphalt, Detached
  • Attached Garage: No
  • Parking Features:RV Parking: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Detached: Yes

Utilities

  • Heating: Central, Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

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

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 120X131
  • Lot Size Sq Ft: 16117.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 056B E 010.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2018
Closed on
Aug 27, 2018
Sold by
Smith Larry
Bought by
Clelland Grace D and Shute Tyrene J
Seller's Agent
Rae Massey
Massey Realty
Buyer's Agent
Rae Massey
Massey Realty
List Price
$109,900
Sold Price
$109,900
Current Estimated Value
$220,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,970
Avg. Annual Appreciation
10.28%
Original Mortgage
$10,500
Outstanding Balance
$9,138
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$211,732

Purchase Details

Closed on
Jul 26, 1996
Sold by
Sheffey William
Bought by
Sheffey Joe
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
Clelland Grace D $109,900 Colonial Title Group Inc
Sheffey Joe $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clelland Grace D $10,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2018 08/27/18 Sold $109,900 0.0% $101 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $109,900 -- $101 / 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 $1,410 $28,350 $5,850 $22,500
2023 $1,410 $28,350 $5,850 $22,500
2022 $1,411 $28,350 $5,850 $22,500
2021 $1,411 $28,350 $5,850 $22,500
2020 $1,411 $28,350 $5,850 $22,500
2019 $1,320 $24,150 $5,850 $18,300
2018 $1,320 $24,150 $5,850 $18,300
2017 $1,398 $24,150 $5,850 $18,300
2016 $1,323 $24,150 $5,850 $18,300
2015 $1,033 $24,150 $5,850 $18,300
2014 $1,033 $24,150 $5,850 $18,300
2013 $1,033 $24,925 $5,800 $19,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 407201

Tennessee/Virginia Regional MLS

APN: 056B-E-010.00