$230,000
SOLD FEB 19, 2025

523 E Broadway Newport, TN 37821

3 Beds
2 Baths
1,980 Sq Ft
0.34 Acres

Recently Sold

$116 Per Sq Ft

15% Below List Price

27 Days on Market

Highlights

  • Wood Flooring
  • Bonus Room
  • Covered Patio or Porch
  • Newport Grammar School Rated A-
  • No HOA
  • Breakfast Room

About This Home

As of February 2025

This house is an older home that has been very well cared for.Has beautiful shiny wood floors.All new kitchen appliances.and water heater Has a Breakfast nook off from the kitchen and a Formal dining room That has the antique cabinets built in.also has a large living room with a fireplace but has been closed off.A large laundry room .3 bedrooms and 2 baths.Extra storage room upstairs attic.It has a nice big front porch that has river rock around it and a big yard in front yard .Out Back is a garage /carport and a work shop or storage building .Also a patio with a built in Firepit.
There is an unfinshed basement that has a lot of storage space.

Last Agent to Sell the Property

Merita Gregory

Mountain Home Realty License #296820 Listed on: 12/27/2024

Co-Listed By

MISSY WAGNER

Mountain Home Realty License #296757

Last Buyer's Agent

Merita Gregory

Mountain Home Realty License #296820 Listed on: 12/27/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,702

Year Built

  • Built in 1930

Lot Details

  • 0.34 Acre Lot
  • Historic Home

Interior Spaces

  • 1,980 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Bonus Room
  • Storage
  • Washer and Dryer Hookup
  • Unfinished Basement

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available

Community Details

  • No Home Owners Association
  • W D Mcsween Subdivision

Listing and Financial Details

  • Assessor Parcel Number 047N I 010.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,702

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: From Cosby Highway to a right on Jones Circle,right on Lincoln a lot on Broadway.Home is on the left.Or from sevierville when you enter Newport is id straight thru town just past 2nd Food City Home will be on your right. Across from the old Stokleys/Conagra Building.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 1930
  • Lot Size Acres: 0.34
  • Co List Office Phone: 865-366-4600
  • Subdivision Name: W D Mcsween
  • Architectural Style: Historic
  • Property Attached Yn: No
  • Contract Info:List PriceSqFt2: 136.31
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1980.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Gas (Natural): Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Floors:Laminate: Yes
  • Dining Area:Formal Dining Area: Yes
  • Heat:Forced Air: Yes
  • Dining Area:Breakfast Room2: Yes
  • Outbuildings:Detached Workshop: Yes
  • Style:Historic: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Has Basement: Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Other, Gas
  • Fireplaces: 1
  • Flooring: Laminate, Hardwood
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Unfinished: Yes
  • Fireplace:Gas5: Yes

Exterior Features

  • Exterior Features: Porch - Covered
  • Construction Type: Other
  • Other Structures: Workshop
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Patio: Yes
  • Construction:Other7: Yes

Garage/Parking

  • GarageParkingCarportSpaces: 1.0
  • Attached Garage: No
  • Parking Features: Other, Off Street
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Parcel #: 047N I 010.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1701.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2024
Closed on
Feb 12, 2025
Sold by
Mays James D and Fox Tammie
Bought by
Neas Jeffrey L and Neas Montye
Seller's Agent
Merita Gregory
Mountain Home Realty
Buyer's Agent
Merita Gregory
Mountain Home Realty
List Price
$269,900
Sold Price
$230,000
Premium/Discount to List
-$39,900
-14.78%
Views
59
Current Estimated Value
$256,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,687
Avg. Annual Appreciation
13.62%

Purchase Details

Closed on
Oct 8, 2020
Sold by
Mason Annette
Bought by
Gorrell Tammy and Mcdonough Patty

Purchase Details

Listed on
Jun 25, 2020
Closed on
Jul 31, 2020
Sold by
Ailor Darlene and Ailor Terry S
Bought by
Mays James D and Mays Tammie Fox
Seller's Agent
Tina Webb
Realty Executives Southern Living
Buyer's Agent
Merita Gregory
Mountain Home Realty
List Price
$159,900
Sold Price
$159,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.13%
Original Mortgage
$157,003
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
May 10, 2002
Sold by
Huff Alan B and Huff Mary M
Bought by
Mason Annette

Purchase Details

Closed on
May 10, 1997
Sold by
Burchette David
Bought by
Ailor Darlene

Purchase Details

Closed on
Jul 9, 1996
Sold by
Hickman Roy
Bought by
Burchette David

Purchase Details

Closed on
Jun 20, 1995
Sold by
Nolen James R
Bought by
Hickman Roy

Purchase Details

Closed on
Jun 25, 1993
Bought by
Nolen James R and Nolen Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $230,000 Crossland Title
Warranty Deed $230,000 Crossland Title
Quit Claim Deed -- None Available
Warranty Deed $159,900 Heritage Title Agency Inc
Deed $105,000 --
Deed $55,000 --
Deed $50,000 --
Deed $29,500 --
Warranty Deed $18,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $157,003 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2025 02/19/25 Sold $230,000 -14.8% $116 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
12/27/2024 12/27/24 For Sale $269,900 +68.8% $136 / Sq Ft
10/30/2020 10/30/20 Off Market $159,900 -- --
07/31/2020 07/31/20 Sold $159,900 0.0% $81 / Sq Ft View Prior Sale
06/25/2020 06/25/20 For Sale $159,900 -- $81 / Sq Ft
Source: East Tennessee REALTORS® 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
2025 $1,866 $61,725 $0 $0
2024 $1,702 $34,225 $6,700 $27,525
2023 $1,702 $34,225 $6,700 $27,525
2022 $1,704 $34,225 $6,700 $27,525
2021 $1,704 $34,225 $6,700 $27,525
2020 $1,704 $34,225 $6,700 $27,525
2019 $1,581 $28,900 $6,025 $22,875
2018 $1,581 $28,900 $6,025 $22,875
2017 $1,673 $28,900 $6,025 $22,875
2016 $1,583 $28,900 $6,025 $22,875
2015 $1,239 $28,900 $6,025 $22,875
2014 $1,239 $28,900 $6,025 $22,875
2013 $1,239 $29,900 $5,625 $24,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1285539

East Tennessee REALTORS® MLS

APN: 047N-I-010.00