NOT LISTED FOR SALE

502 Morrell St Newport, TN 37821

Estimated Value: $264,000 - $370,000

3 Beds
2.5 Baths
1,819 Sq Ft
$176/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $199,000 $109 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,858/month

244 Days on Market

Highlights

  • Private Pool
  • Mountain View
  • Private Lot
  • Newport Grammar School Rated A-
  • Deck
  • Ranch Style House

About This Home

As of August 2020

MAJOR REDUCTION! ALL BRICK 3BR/2.5 BA 1624 SQ FT BSMT RANCH WITH IN GROUND POOL! HIGHLY DESIRABLE LOCATION IN CITY ON QUIET & PEACEFUL DEAD-END STREET OFFERING BEAUTIFUL MTN VIEWS! HOME HAS BEEN REMODELED & OFFERS ADDITIONAL FINISHED ROOM ON LOWER LEVEL THAT COULD BE USED AS 4TH BR/OFFICE/DEN. HOME BOASTS 16 X 32 IN GROUND POOL (W/NEW LINER/COVER & ENCLOSED VINYL FENCING), PERGOLA, HUGE 10 X 22 SCREENED PORCH OVERLOOKING POOL, ALL STAINLESS APPLIANCES (FRIDGE TO BE REPLACED W/STAINLESS FRIDGE IN BSMT UNLESS NEGOTIATED), OAK CABINETRY, CUSTOM BLINDS, CROWN MOLDING, MASONRY FIREPLACE IN LIVING RM, GAS FIREPLACE IN DINING RM & SO MUCH MORE! CHANDELIER IN DINING AREA DOES NOT CONVEY, SELLER WILL REPLACE. SOME FURNITURE NEGOTIABLE. 3 MINUTES FROM HOSPITAL, RESTAURANTS, SHOPPING! CLOSE PROXIMITY TO I-40, NATIONAL PARK, GATLINBURG, DOUGLAS LAKE, APPALACHIAN TRAIL, TROUT FILLED STREAMS & 3 RIVERS! CENTRALLY LOCATED FROM ASHEVILLE, NC, HOT SPRINGS NC, PIGEON FORGE, KNOXVILLE & TRI CITIES! DRONE PICTURES USED IN LISTING.

Last Agent to Sell the Property

Rae Massey

Massey Realty License #311727 Listed on: 11/05/2019

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM License #105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,937

Year Built

  • Built in 1969

Lot Details

  • 0.45 Acre Lot
  • Property fronts an interstate
  • Fenced
  • Private Lot

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Ranch Style House
  • Brick or Stone Mason
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Living Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Utility Room
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Private Pool
  • Deck
  • Screened Patio
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding
  • Rain Gutters
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 20

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,937

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Private
  • ResoPoolFeatures: Private
  • Road Frontage Type: City Street, Interstate Within 1 Mile
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 498
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 1624.0
  • Architectural Style: Ranch
  • Fireplace: Yes
  • Unit Levels: One
  • Reso Other Structures: Outbuilding, Shed(s), Storage, Workshop
  • Location Tax and Legal Tax Lot2: 20
  • Location Tax and Legal:Tax Annual Amount: 1937.2
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.45
  • General Property Information Above Grade Finished Area: 1624.0
  • General Property Information Below Grade Finished Area: 195.0
  • General Property Information Below Grade Unfinished Area: 1429.0
  • General Property Information:Bathrooms Half: 1
  • General Property Information Bonus Room YN2: Yes
  • 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 Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Cooling:Central Air: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features Private4: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Room Types Bedroom 2 Level: 1
  • Room Types Dining Room: Yes
  • Room Types Dining Room Level: 1
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Primary Bedroom Level: 1
  • Room Types Utility Room: Yes
  • Room Types Utility Room Level: 1
  • Fencing Fenced: Yes
  • Interior Features Formal Dining: Yes
  • Utilities:Cable Available: Yes
  • General Property Information Lot Size Dimensions: 100/200/100/200
  • Levels:One: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures Storage4: Yes
  • Room Types Bedroom 3 Level: 1
  • Architectural Style Ranch2: Yes
  • Other Structures:Outbuilding: Yes
  • Other Structures:Workshop: Yes
  • Room Types Den: Yes
  • Room Types Den Level: B
  • Road Frontage Type Interstate Within 1 Mile: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Full, Partially Finished, Walk-Out Access
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Formal Dining
  • Street Number Modifier: 502
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 195.0
  • Fireplace Features: Gas Log, Wood Burning
  • Total Bedrooms: 16
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Basement2: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Exterior Features: Rain Gutters, Storage
  • Roof: Composition
  • Fencing: Fenced
  • Acres: 0.45
  • View: Yes
  • Home Warranty: No
  • Construction Type: Brick, Frame, Vinyl Siding
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Storage2: Yes
  • Lot Features:Private2: Yes
  • Construction Materials:Frame: Yes
  • Patio And Porch Features:Screened: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached Carport, Driveway, Paved
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Detached Carport: Yes

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Name: N/A
  • Association: No

Lot Info

  • Lot Dimensions: 100/200/100/200
  • Lot Size Sq Ft: 19602.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1937.2
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Aug 20, 2020
Sold by
Ball Connie and Ball Marsha
Bought by
Herreid Melody M
Seller's Agent
Rae Massey
Massey Realty
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$244,000
Sold Price
$199,000
Premium/Discount to List
-$45,000
-18.44%
Current Estimated Value
$310,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,312
Avg. Annual Appreciation
9.15%
Original Mortgage
$155,220
Outstanding Balance
$139,536
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$168,560

Purchase Details

Closed on
Feb 13, 2009
Sold by
Ball Amy Jessica
Bought by
Ball Connie

Purchase Details

Closed on
Dec 2, 2008
Sold by
Ball Connie
Bought by
Ball Amy Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,055
Interest Rate
6.1%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 1990
Bought by
Ball Connie and Ball Marsha
Source: Public Records

Range of Values:

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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
Herreid Melody M $199,000 Colonial Title Group Inc
Ball Connie -- --
Ball Amy Jessica $175,000 --
Ball Connie $47,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herreid Melody M $155,220
Previous Owner Ball Connie $12,291
Previous Owner Ball Connie $174,055
Previous Owner Ball Connie $72,406
Previous Owner Ball Conni $42,041
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Off Market $199,000 -- --
08/20/2020 08/20/20 Sold $199,000 0.0% $109 / Sq Ft
06/12/2020 06/12/20 Price Changed $199,000 -5.2% $109 / Sq Ft
03/14/2020 03/14/20 Price Changed $210,000 -2.3% $115 / Sq Ft
02/28/2020 02/28/20 Price Changed $215,000 -2.3% $118 / Sq Ft
01/31/2020 01/31/20 Price Changed $220,000 -8.3% $121 / Sq Ft
01/09/2020 01/09/20 Price Changed $239,900 -1.7% $132 / Sq Ft
11/05/2019 11/05/19 For Sale $244,000 -- $134 / 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 $1,911 $38,425 $5,125 $33,300
2023 $1,911 $38,425 $5,125 $33,300
2022 $1,913 $38,425 $5,125 $33,300
2021 $1,913 $38,425 $5,125 $33,300
2020 $1,913 $38,425 $5,125 $33,300
2019 $1,938 $35,425 $5,125 $30,300
2018 $1,938 $35,425 $5,125 $30,300
2017 $2,050 $35,425 $5,125 $30,300
2016 $1,940 $35,425 $5,125 $30,300
2015 $1,521 $35,425 $5,125 $30,300
2014 $1,521 $35,425 $5,125 $30,300
2013 $1,521 $36,700 $4,825 $31,875
Source: Public Records

Agents Affiliated with this Home

  • Rae Massey

    Seller's Agent in 2020

    Rae Massey

    Massey Realty

    (865) 805-0322

    105 in this area

    278 Total Sales

    Section Image

  • N

    Buyer's Agent in 2020

    NON MEMBER

    NON MEMBER FIRM

See All Agents

Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 225566

Great Smoky Mountains Association of REALTORS®

APN: 056G-D-039.00

Tennessee Cocke County Newport 37821

502 Morrell St, Newport, TN

This home is located at 502 Morrell St, Newport, TN 37821 since 05 November 2019 and is currently estimated at $320,359, approximately $176 per square foot. This property was built in 1969. 502 Morrell St is a home located in Cocke County with nearby schools including Newport Grammar School, Grace Christian School, and Calvary Baptist Tabernacle School.

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