$155,000
SOLD SEP 24, 2021

550 Summit Ridge Dr Newport, TN 37821

3 Beds
2 Baths
1,196 Sq Ft
0.32 Acres

Recently Sold

$130 Per Sq Ft

7% Above List Price

7 Days on Market

Highlights

  • Traditional Architecture
  • Cooling Available
  • Ceiling Fan
  • Newport Grammar School Rated A-
  • Central Heating
  • Level Lot

About This Home

As of August 2022

This brick rancher has a full basement, could be easily converted to extra living space. Perfect for a starter home or downsizing. The large back yard is completely fenced. Bring us your offer.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,357

Year Built

  • Built in 1962

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100x150
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,196 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Laminate Flooring
  • Dishwasher
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Newport Grammar Elementary School
  • Cocke Co High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Sunrise Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 056G E 00800 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,357

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1962
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Dishwasher, Refrigerator
  • Fireplace: No
  • Flooring: Wood, Laminate
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Finished
  • Building Area Units: Square Feet
  • Living Area: 1196
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage Building
  • Construction Type: Other, Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.32
  • Lot Size: 100X150
  • Lot Size Units: Acres
  • Parcel #: 056G E 00800 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1357

MLS Schools

  • Elementary School: Newport Grammar School
  • High School: Cocke Co High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 30, 2022
Sold by
Williams Joshua R
Bought by
Clark James Phillip and Landrum Erik
Seller's Agent
Kimberley Vega
Prime Mountain Properties
Buyer's Agent
Tina Webb
Prime Mountain Properties
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.99%

Purchase Details

Listed on
Jul 26, 2021
Closed on
Sep 24, 2021
Sold by
Foreman Heather Lynn and Estate Of Dwayne Allen Fields
Bought by
Williams Joshua R
List Price
$144,900
Sold Price
$155,000
Premium/Discount to List
$10,100
6.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.44%
Original Mortgage
$156,565
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 9, 2017
Closed on
Feb 9, 2018
Sold by
Bennett Sharon L
Bought by
Blubaugh Daniel W and Fields Dwayne A
Seller's Agent
Chad Long
The Home Team Real Estate Co.
Buyer's Agent
NON-MLS NON-MEMBER
NON MEMBER FIRM
List Price
$109,900
Sold Price
$109,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
Original Mortgage
$97,680
Interest Rate
3.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 7, 2010
Sold by
Hauther Johnie M
Bought by
Bennett Sharon L

Purchase Details

Closed on
Feb 6, 2002
Sold by
Bennett Sharon L
Bought by
Hauther Johnie M

Purchase Details

Closed on
Mar 29, 2001
Sold by
Suggs John A and Suggs Dorothy
Bought by
Bennett Sharon L
Source: Public Records

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Range of Values:

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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 $180,000 Tennessee Land Title
Warranty Deed $155,000 Smoky Mountain Title
Warranty Deed $109,900 Lakeway Title Services
Deed -- --
Deed $52,000 --
Deed $52,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $156,565 New Conventional
Previous Owner $97,680 Unknown
Previous Owner $97,680 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $299,000 -0.2% $125 / Sq Ft
06/03/2025 06/03/25 Price Changed $299,500 -2.0% $125 / Sq Ft
05/13/2025 05/13/25 Price Changed $305,500 -1.6% $128 / Sq Ft
04/07/2025 04/07/25 Price Changed $310,500 -1.6% $130 / Sq Ft
03/07/2025 03/07/25 Price Changed $315,500 -1.4% $132 / Sq Ft
02/14/2025 02/14/25 For Sale $319,900 +77.7% $134 / Sq Ft
11/29/2022 11/29/22 Off Market $180,000 -- --
08/31/2022 08/31/22 Sold $180,000 -2.7% $151 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
08/01/2022 08/01/22 Price Changed $185,000 -2.1% $155 / Sq Ft
06/24/2022 06/24/22 For Sale $189,000 +21.9% $158 / Sq Ft
09/24/2021 09/24/21 Sold $155,000 +7.0% $130 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $144,900 +31.8% $121 / Sq Ft
05/10/2019 05/10/19 Off Market $109,900 -- --
02/09/2018 02/09/18 Sold $109,900 0.0% $92 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $109,900 -- $92 / Sq Ft
Source: Realtracs

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 $1,356 $27,275 $4,625 $22,650
2023 $1,356 $27,275 $4,625 $22,650
2022 $1,358 $27,275 $4,625 $22,650
2021 $1,358 $27,275 $4,625 $22,650
2020 $1,358 $27,275 $4,625 $22,650
2019 $1,329 $24,300 $4,625 $19,675
2018 $1,329 $24,300 $4,625 $19,675
2017 $1,407 $24,300 $4,625 $19,675
2016 $1,331 $24,300 $4,625 $19,675
2015 $1,063 $24,300 $4,625 $19,675
2014 $1,063 $24,300 $4,625 $19,675
2013 $1,063 $25,650 $4,500 $21,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2841935

Realtracs

APN: 056G-E-008.00