NOT LISTED FOR SALE

531 Summit Ridge Dr Newport, TN 37821

Estimated Value: $214,000 - $293,000

3 Beds
1.5 Baths
2,104 Sq Ft
$123/Sq Ft Est. Value

Last Sold November 26, 2018

Last sale price $120,000 $57 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,545/month

10 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • No HOA
  • Newport Grammar School Rated A-
  • Bonus Room
  • Den

About This Home

As of November 2018

Sitting on the cover front porch of this brick range style home is a lovely mountain View to see through all the 4 seasons here in Tennessee . A fenced in large back yard with a nice large outbuilding for storage . 3 bedrooms , 1.5 baths, Bonus room, family room , full basement partly finished a lot of house for the price .

Last Agent to Sell the Property

JANICE JENKINS

BRIAN KELLER REALTY License #236361 Listed on: 10/08/2018

Last Buyer's Agent

JANICE JENKINS

BRIAN KELLER REALTY License #236361 Listed on: 10/08/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,379

Year Built

  • Built in 1963

Lot Details

  • Fenced
  • Lot Has A Rolling Slope

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Ceiling Fan
  • Metal Fireplace
  • Double Pane Windows
  • Living Room
  • Den
  • Bonus Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Location

  • City Lot

Schools

  • Cocke High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Internet Available
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 35.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,379

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 1963
  • Fencing: Fenced
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 100/224/84/186
  • Subdivision Name: Other
  • Directions: From Office across railroad tract, turn right onto Broadway Street, follow and turn left onto Hwy 321 South, follow Mineral Street, follow to Morrell Springs on right, go 0.2 mile, turn onto Netherton Drive, follow around curve will be Summit Ridge. House on right.
  • Above Grade Finished Sq Ft: 1404.0
  • Architectural Style: Ranch
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 1379.14
  • Location Tax and Legal:Tax Year2: 2017
  • Location Tax and Legal:Parcel Number2: 35.00
  • General Property Information:Lot Size Dimensions: 100/224/84/186
  • General Property Information:Waterfront YN: No
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:High School: Cocke
  • General Property Information:Bathrooms Half: 1
  • General Property Information:Living Area2: 2104.0
  • General Property Information:Above Grade Finished Area: 1404.0
  • General Property Information:Below Grade Finished Area: 700.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style:Ranch: Yes
  • Cooling:Heat Pump: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Levels:One: Yes
  • Room Types:Basement3: Yes
  • Room Types:Living Room2: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Security Features:Security System: Yes
  • Security Features:Smoke Detector(s): Yes
  • Appliances Disposal: Yes
  • Room Types:Bonus Room: Yes
  • Appliances Microwave: Yes
  • Fencing:Fenced: Yes
  • Utilities:DSL Internet: Yes
  • Room Types:Den2: Yes
  • Other Structures:Workshop: Yes
  • Other Structures:Large Storage: Yes
  • Other Equipment:Satellite Dish: Yes
  • Room Types:Laundry: Yes
  • Roof:Metal: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Basement: Block, Full, Other
  • Levels: One
  • Interior Amenities: Ceiling Fan(s)
  • Private Spa: No
  • Other Equipment: Satellite Dish
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 700.0
  • Fireplace Features: Metal
  • Fireplace: No
  • Living Area: 2104.0
  • Window Features: Double Pane Windows, Metal Frames, Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Basement:Block: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances Range: Yes
  • Appliances:Electric Water Heater: Yes
  • Basement:Other7: Yes
  • Full Basement: Yes

Exterior Features

  • Lot Features: City Lot, Rolling Slope, Other
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Asphalt, Brick
  • Foundation Details: Block
  • Other Structures: Large Storage, Workshop
  • Patio And Porch Features: Covered, Patio, Porch
  • Lot Features:City Lot: Yes
  • Construction Materials:Brick: Yes
  • Window Features:Double Pane Windows: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Other21: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Vinyl Frames: Yes
  • Window Features:Metal Frames: Yes

Garage/Parking

  • Garage Yn: No
  • General Property Information:Garage YN: No
  • General Property Information:Carport YN: No
  • Parking Features:Asphalt: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, DSL Internet
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Amenities: Laundry
  • Association Fee Frequency: Monthly
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • High School: Cocke

Lot Info

  • Parcel #: 35.00

Tax Info

  • Tax Annual Amount: 1379.14
  • Tax Map Number: 56G
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2018
Closed on
Nov 26, 2018
Sold by
Taylor Barbara and Rader Scottie Lee
Bought by
Henry Joshua T and Henry Lucimiranda
Seller's Agent
JANICE JENKINS
BRIAN KELLER REALTY
Buyer's Agent
JANICE JENKINS
BRIAN KELLER REALTY
List Price
$122,000
Sold Price
$120,000
Premium/Discount to List
-$2,000
-1.64%
Current Estimated Value
$259,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,769
Avg. Annual Appreciation
11.90%
Original Mortgage
$102,000
Outstanding Balance
$90,901
Interest Rate
4.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$164,578

Purchase Details

Closed on
Aug 2, 2007
Sold by
Taylor Luther
Bought by
Taylor Luther
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
Henry Joshua T $120,000 None Available
Taylor Luther -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry Joshua T $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2018 11/26/18 Sold $120,000 -1.6% $57 / Sq Ft
10/18/2018 10/18/18 Pending -- -- --
10/08/2018 10/08/18 For Sale $122,000 -- $58 / Sq Ft
Source: Lakeway Area 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 $1,480 $29,775 $5,075 $24,700
2023 $1,480 $29,775 $5,075 $24,700
2022 $1,482 $29,775 $5,075 $24,700
2021 $1,482 $29,775 $5,075 $24,700
2020 $0 $29,775 $5,075 $24,700
2019 $1,303 $23,825 $5,075 $18,750
2018 $1,303 $23,825 $5,075 $18,750
2017 $1,379 $23,825 $5,075 $18,750
2016 $1,304 $23,825 $5,075 $18,750
2015 $1,109 $23,825 $5,075 $18,750
2014 $1,109 $23,825 $5,075 $18,750
2013 $1,109 $26,750 $4,825 $21,925
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 580600

Lakeway Area Association of REALTORS®

APN: 056G-D-035.00