$259,000
$20K PRICE DROP

525 Freeman Ave Newport, TN 37821

Estimated payment $1,515/month

Total Views 5,316
5 Beds
1 Bath
1,288 Sq Ft
$201 Price per Sq Ft

Highlights

  • Bonus Room
  • No HOA
  • Ductless Heating Or Cooling System
  • Newport Grammar School Rated A-
  • Porch
  • Landscaped

About This Home

THIS COMPLETELY REMODELED HOUSE COULD EASLITY BE YOUR HOME! 3 BEDROOMS, 1 BATH INSIDE THE CITY LIMITS SITS ON A NICE LOT WITH A FRONT YARD TO PLAY IN AND A LARGE PORCH FOR GRILLING AND ENTERTAINING. BRAND ROOF, LIGHTING, APPLIANCES, BATHROOM, AND BRAND NEW MINI SPLIT WITH 4 HEADS. FULL BASEMENT WITH 2 ADDITIONAL ROOMS THAT COULD BE USED AS BEDROOMS, CRAFT ROOM, OR JUST STORAGE. HOME SHOULD QUALIFY FOR ALL GOVT LOANS. WOULD MAKE A GREAT STARTER HOME. WONDERFUL LOCATION CLOSE TO EVERYTHING. CALL YOUR FAVORITE REALTOR FOR A PRIVATE SHOWING.

Listing Agent

Lisa Askew

Askew Realty Group License #296828 Listed on: 06/04/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $967

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 75x130
  • Privacy Fence
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Back and Front Yard

Parking

  • Gravel Driveway

Home Design

  • Slab Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Range Hood
  • Built-In Microwave

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • City Lot

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 056G B 01501 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$967

Year Built

Built in 1980 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Zoning: R-1
  • Current Use: Residential, Single Family, Vacant
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, In Basement, Washer Hookup
  • ResoLotFeatures: Back Yard, City Lot, Cleared, Front Yard, Landscaped, Level
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 970
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1000.0
  • Architectural Style: Ranch
  • Fireplace: No
  • Reso Flooring: Carpet, Luxury Vinyl
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • Financial Info Electric: 200+ Amp Service
  • Location Tax and Legal New Construction YN: No
  • Location Tax and Legal Parcel Number2: 056G B 01501 000
  • Location Tax and Legal Tax Lot2: 0
  • Location Tax and Legal:Tax Annual Amount: 967.05
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Above Grade Finished Area: 1000.0
  • General Property Information Below Grade Finished Area: 288.0
  • General Property Information Bonus Room YN2: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information Lot Size Dimensions: 75X130
  • Utilities Natural Gas Available: Yes
  • Levels:One: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Foundation Details Slab: Yes
  • Architectural Style Ranch2: Yes
  • General Property Information:Stories Total: 1
  • General Property Information Fireplace YN: No
  • Interior Features KitchenDining Combo: Yes
  • Flooring Luxury Vinyl: Yes
  • Main Room Levels Main Level Bathrooms: 1
  • Main Room Levels Main Level Bedrooms: 3
  • Flooring:Carpet: Yes
  • Utilities Sewer Connected: Yes
  • Appliances Microwave Range Hood Combo: Yes
  • Laundry Features In Basement: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Fencing Privacy: Yes
  • Cooling Ductless: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Basement, Exterior Entry, Full, Unfinished, Walk-Out Access
  • Appliances: Dryer, Electric Cooktop, Electric Range, Electric Water Heater, Microwave Range Hood Combo, Range Hood, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Kitchen/Dining Combo
  • Street Number Modifier: 525
  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 288.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Stories: 1
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fans: Yes
  • Basement:Basement2: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Range Hood: Yes
  • Basement:Exterior Entry: Yes
  • Appliances:Electric Water Heater: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Metal
  • Fencing: Privacy
  • Acres: 0.22
  • Disclosures: Seller Disclosure
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Level: Yes
  • Patio and Porch Features:Porch: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Cooling: Ductless
  • Heating: Ductless
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Ductless2: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 75X130
  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 056G B 01501 000

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 967.05
  • Tax Lot: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $967 $19,450 $5,425 $14,025
2023 $967 $19,450 $5,425 $14,025
2022 $968 $19,450 $5,425 $14,025
2021 $968 $19,450 $5,425 $14,025
2020 $968 $19,450 $5,425 $14,025
2019 $946 $17,300 $5,425 $11,875
2018 $946 $17,300 $5,425 $11,875
2017 $962 $16,625 $5,425 $11,200
2016 $910 $16,625 $5,425 $11,200
2015 $660 $16,625 $5,425 $11,200
2014 $660 $16,625 $5,425 $11,200
2013 $660 $15,925 $3,150 $12,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 For Sale $259,000 +245.3% $201 / Sq Ft
08/17/2020 08/17/20 Off Market $75,000 -- --
05/19/2015 05/19/15 Sold $75,000 -11.7% $75 / Sq Ft
02/19/2015 02/19/15 Pending -- -- --
07/16/2014 07/16/14 For Sale $84,900 -- $85 / Sq Ft
Source: Great Smoky Mountains Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Trustee Deed $70,835 None Listed On Document
Warranty Deed $75,000 --
Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $76,530 New Conventional
Previous Owner $56,630 FHA
Previous Owner $63,186 FHA
Source: Public Records

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Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 306790

Great Smoky Mountains Association of REALTORS®

APN: 056G-B-015.01