$310,000
SOLD MAY 13, 2025

541 7th St Newport, TN 37821

4 Beds
2 Baths
2,900 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$107 Per Sq Ft

11% Below List Price

92 Days on Market

Highlights

  • 1.5-Story Property
  • Granite Countertops
  • Covered patio or porch
  • Newport Grammar School Rated A-
  • No HOA
  • 4-minute walk to 9th Street Dog Park

About This Home

As of May 2025

THIS TOTALLY REMODELED HOME HAS EVERYTHING FROM THE SEWER LINES OUTSIDE TO THE ROAD REPLACED! IT FEATURES 4 BEDROOMS, 2 FULL BATHS. MASTER IS ON THE MAIN LEVEL WITH MASTER BATHROOM AND WALK IN CLOSET. MASTER FEATURES ALL TILE WITH DOUBLE VANITY, TILED WALK IN SHOWER THAT WILL WOW YOU AND A STAND ALONE SOAKING TUB! A WALK IN CLOSET THAT YOU WILL FALL IN LOVE WITH. NICE OPEN FLOOR PLAN THAT IS INVITING. KITCHEN HAS GRANITE COUNTER TOPS AND SOFT CLOSE CABINETS. TWO LARGE BEDROOMS UPSTAIRS OR USE THEM FOR STORAGE. CONVENIENTLY LOCATED IN NEWPORT CLOSE TO SHOPPING AND ONLY A SHORT DRIVE TO GATLINBURG. CALL US TODAY TO LEARN MORE AND TO SCHEDULE YOUR OWN PRIVATE SHOWING OF THIS BEAUTIFUL HOME.

Last Agent to Sell the Property

Billy Askew

ASKEW REALTY License #269829 Listed on: 01/08/2025

Last Buyer's Agent

Deanna Parker

COUNTRY LIVING REALTY License #367956

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $959

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x50
  • Back and Front Yard Fenced
  • Privacy Fence
  • Wood Fence
  • Level Lot

Home Design

  • 1.5-Story Property
  • Vinyl Siding

Interior Spaces

  • 2,900 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Metal Fireplace
  • Double Pane Windows
  • Tilt-In Windows
  • Luxury Vinyl Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry Room
  • Laundry on main level
  • 220 Volts In Laundry
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Covered patio or porch
  • Outbuilding

Location

  • City Lot

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Not Available
  • Tankless Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 015.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$959

Year Built

Built in 1930 | Remodeled

Lot Details

0

Listing Details

  • Year Built: 1930
  • Fencing: Back Yard, Front Yard, Privacy, Wood
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 50X50
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Directions: GPS FRIENDLY! TAKE LINCOLN AVE TURN RT ON 7TH ST. HOME IS ON THE LEFT. SEE SIGN.
  • Above Grade Finished Sq Ft: 806.0
  • Architectural Style: Ranch
  • New Construction: No
  • Structure Type: House
  • Location Tax and Legal:Tax Annual Amount: 959.0
  • Location Tax and Legal:Tax Year2: 2024
  • Location Tax and Legal:Parcel Number2: 015.00
  • Water Source:Public: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style:Ranch: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Utilities:Sewer Connected: Yes
  • Cooling:Central Air: Yes
  • Cooling:Electric: Yes
  • Laundry Features:Laundry Room: Yes
  • Utilities:Fiber Internet: Yes
  • Utilities:Natural Gas Not Available: Yes
  • Laundry Features:Main Level: Yes
  • Levels:One and One Half: Yes
  • Flooring:Luxury Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Water Connected: Yes
  • Other Structures:Outbuilding: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Fencing:Back Yard: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Fencing:Wood2: Yes
  • Fencing:Privacy: Yes
  • Roof:Metal: Yes
  • Fencing:Front Yard: Yes
  • Electric 220 Volts in Laundry: Yes
  • Special Features: None

Interior Features

  • Flooring: Luxury Vinyl
  • Appliances: Dishwasher, Electric Range, Refrigerator, Tankless Water Heater
  • Levels: One and One Half
  • Interior Amenities: Double Vanity, Granite Counters, High Speed Internet, Recessed Lighting, Soaking Tub, Walk-In Closet(s)
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Metal
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2900.0
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Window Features: Double Pane Windows, Tilt Windows, Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Recessed Lighting: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Double Vanity: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Lot Features: Back Yard, City Lot, Front Yard, Level
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Front Porch, Side Porch
  • Property Condition: Updated/Remodeled
  • Lot Features:City Lot: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Level: Yes
  • Window Features:Double Pane Windows: Yes
  • Patio And Porch Features:Covered2: Yes
  • Window Features:Tilt Windows: Yes
  • Window Features:Vinyl Frames: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Side Porch: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes

Garage/Parking

  • Garage Yn: No
  • General Property Information:Garage YN: No

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Electric, Fireplace(s), Heat Pump
  • Sewer: Public Sewer
  • Electric: 220 Volts in Laundry
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electricity Connected, Natural Gas Not Available, Sewer Connected, Water Connected, Fiber Internet
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Electric4: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 015.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 959.0
  • Tax Map Number: 015.00
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2025
Closed on
May 13, 2025
Sold by
Evans Rhonda and Evans Rickie D
Bought by
Lebeau Dylan and Palmer Hannah
Seller's Agent
Billy Askew
ASKEW REALTY
Buyer's Agent
Deanna Parker
COUNTRY LIVING REALTY
List Price
$349,900
Sold Price
$310,000
Premium/Discount to List
-$39,900
-11.4%
Views
119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Original Mortgage
$304,385
Outstanding Balance
$304,385
Interest Rate
6.64%
Mortgage Type
Credit Line Revolving
Estimated Equity
$9,350

Purchase Details

Closed on
Jan 26, 2024
Sold by
Rathbone Donna Williamson
Bought by
Evans Rhonda and Evans Rickie D

Purchase Details

Closed on
Jan 15, 2020
Sold by
Sheppard Frank and Sheppard Heidi
Bought by
Rathbone Donna Williamson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,800
Interest Rate
3.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 14, 2016
Sold by
Cureton Teresa
Bought by
Sheppard Frank and Sheppard Heidi

Purchase Details

Closed on
Jan 1, 1985

Purchase Details

Closed on
Jan 1, 1983
Source: Public Records

Similar Homes in Newport, TN

  • 189 Terry St, Newport, TN 37821

    $234,900

    • 3 Beds
    • 1 Bath
    • 1,044 Sq Ft
    • 189 Terry St
    • Newport, TN

    Looking for your first home or a great place to raise a family? 189 Terry Street might just be the one. This 3-bedroom, 1-bath charmer offers 1,044 square feet of comfortable living in one of Newport's most established, easygoing neighborhoods where neighbors still wave and kids can ride bikes out front. Step inside and you'll find a solid, well-kept home with a simple layout that just works.

    Scottie Hooper Keller Williams Properties

    Section Image
  • 381 Tanasi Dr, Newport, TN 37821

    $339,900

    • 4 Beds
    • 3 Baths
    • 1,536 Sq Ft
    • 381 Tanasi Dr
    • Newport, TN

    Welcome to the essence of modern living in this stunning 4-bedroom, 3-bathroom residence, offering 1,536 square feet of beautifully renovated space. Every inch of this home has been meticulously redesigned to provide a perfect blend of style, comfort, and function, making it an ideal sanctuary for those who appreciate both quality and convenience.This home is practically brand new! The extensive

    Robert Tucker WEICHERT, REALTORS - TIGER REAL ESTATE

    Section Image
  • 205 Violet Dr, Newport, TN 37821

    $280,000

    • 3 Beds
    • 2 Baths
    • 1,624 Sq Ft
    • 205 Violet Dr
    • Newport, TN

    This beautifully remodeled home is in very convenient location just off Hwy 25/70 W. Ready to move into. Home has new roof in 2024, new carpet & luxury vinyl flooring, fresh paint, granite countertops, dishwasher & garbage disposal & more. Finished basement with bonus rooms and BR. Corner lot with mountain views. Convenient to I-40, Sevier County, Newport, Dandridge & Douglas Lake. Alarm system

    Kristie Suggs Scenic Realty

    Section Image
  • 1431 Blue Springs Way, Newport, TN 37821

    $289,000

    • 3 Beds
    • 2 Baths
    • 1,568 Sq Ft
    • 1431 Blue Springs Way
    • Newport, TN

    Stunning NEW Home in Newport, TN!Your Dream Home Awaits!Discover this brand-new 3-bedroom, 2-bath manufactured home on a permanent foundation, nestled in a serene, park-like setting. Enjoy privacy with the convenience of being minutes from I-40, shopping, schools, and the breathtaking Great Smoky Mountains.Highlights:Spacious Split Floor Plan with modern kitchen island,

    Penny Cowell Monarch Realty LLC

    Section Image
  • 170 Pine Hollow Way, Newport, TN 37821

    $340,000

    • 3 Beds
    • 2 Baths
    • 1,408 Sq Ft
    • 170 Pine Hollow Way
    • Newport, TN

    Welcome to 170 Pine Hollow Way - A Smoky Mountain Retreat with Rustic Charm Set on a peaceful and private 1.36-acre lot in the beautiful Cosby area, this well-kept 3-bedroom, 2-bath home offers the perfect blend of mountain-style warmth and modern comfort. Built in 2005 and recently updated with a brand new roof in 2024, this 1,408 sq ft home feels like a true East Tennessee retreat. Inside,

    Scottie Hooper WEICHERT, REALTORS - TIGER REAL ESTATE

    Section Image
  • 405 7th St, Newport, TN 37821

    $259,000

    • 3 Beds
    • 2 Baths
    • 1,626 Sq Ft
    • 405 7th St
    • Newport, TN

    Brick home, low maintenance. Termite contract existing. Master Dry Basement contract assumable (Guarantee). Next to Newport Grammer School. Beautiful yard & landscaping.Corrner lot. Paved drive

    Charles Yokley CLASS Realty

    Section Image
  • 631 6th St, Newport, TN 37821

    $324,000

    • 4 Beds
    • 1 Bath
    • 1,395 Sq Ft
    • 631 6th St
    • Newport, TN

    Welcome to this delightful one-level ranch home nestled in the city of Newport. With 1,395 square feet of living space, this residence offers a comfortable and convenient lifestyle. The main floor features beautiful hardwood floors extending halfway into the first bedroom, while the kitchen, bathroom, and mudroom boast durable vinyl flooring.The home includes 4 bedrooms and 1full bathroom,

    Don Fabrikant Country Living Realty

    Section Image
  • 227 Mineral St, Newport, TN 37821

    $235,000

    • 4 Beds
    • 2 Baths
    • 1,436 Sq Ft
    • 227 Mineral St
    • Newport, TN

    Charming 3-Bedroom with Income Potential - Investor/First-Time Buyer Opportunity! Located inside the city limits, this versatile 3-bedroom, 1-bath home offers charm, space, and opportunity. Enjoy the warmth of a cozy fireplace and the potential to expand with an unfinished attic ready for your vision. Out back, you'll find a detached garage with a 400 sq ft apartment above, with separate

    Michael Garber CENTURY 21 LEGACY

    Section Image
  • 525 Freeman Ave, Newport, TN 37821

    $259,000

    • 5 Beds
    • 1 Bath
    • 1,288 Sq Ft
    • 525 Freeman Ave
    • Newport, TN

    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

    Lisa Askew Askew Realty Group

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $310,000 Title Group Of Tennessee
Warranty Deed $65,000 Blue Ridge Title
Warranty Deed $90,000 None Available
Quit Claim Deed -- --
Warranty Deed $18,000 --
Warranty Deed $21,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $304,385 Credit Line Revolving
Previous Owner $37,800 Seller Take Back
Previous Owner $25,158 Future Advance Clause Open End Mortgage
Previous Owner $20,729 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Sold $310,000 +3.3% $107 / Sq Ft
04/10/2025 04/10/25 Pending -- -- --
04/04/2025 04/04/25 Price Changed $299,999 -6.0% $103 / Sq Ft
02/07/2025 02/07/25 Price Changed $319,000 -8.8% $110 / Sq Ft
01/08/2025 01/08/25 For Sale $349,900 -- $121 / 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 $960 $19,300 $2,850 $16,450
2023 $960 $19,300 $2,850 $16,450
2022 $961 $19,300 $2,850 $16,450
2021 $961 $19,300 $2,850 $16,450
2020 $961 $19,300 $2,850 $16,450
2019 $937 $17,125 $2,850 $14,275
2018 $937 $17,125 $2,850 $14,275
2017 $992 $17,125 $2,850 $14,275
2016 $938 $17,125 $2,850 $14,275
2015 $801 $17,125 $2,850 $14,275
2014 $801 $17,125 $2,850 $14,275
2013 $801 $19,325 $2,750 $16,575
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 706151

Lakeway Area Association of REALTORS®

APN: 056C-K-015.00