560 Rack Ln Newport, TN 37821
Estimated payment $2,465/month
Highlights
- Wood Burning Stove
- Wood Flooring
- No HOA
- Newport Grammar School Rated A-
- Bonus Room
- Separate Outdoor Workshop
About This Home
THIS CHARMING RANCHER HAS MANY POSSIBILITIES FOR THE FIRST TIME HOMEOWNER OR IF YOU NEED EXTRA ROOM THIS IS FOR YOU. HOME FEATURES 4 BEDROOM, 2 BATH. ON THE MAIN LEVEL YOU HAVE 3 BEDROOMS AND 1 FULL BATH. DOWNSTAIRS YOU HAVE ANOTHER BEDROOM WITH A FULL BATH AND LIVING ROOM. YOU WILL LOVE THE UNFINISHED AREA THAT CAN BE USED FOR A GARAGE OR WORKSHOP AREA. THE DETACHED GARAGE/WORKSHOP IS FU,LY FUNCTONAL AND IS 576 SQFT WITH ELECTRIC, HAS THE PLUMBING FOR A BATHROOM ONE HAS NOT BEEN INSTALLED AND WATER IS RAN TO THE GARAGE. THE ELECTRIC IS A 440 WIRED FOR WELDING. LOTS OF POSSIBILITIES. GREAT LOCATION LOCATED IN THE CITY LIMITS BUT ON A DEAD END STREET. ONLY A SHORT DRIVE TO GATLINBURG. LET'S GO SEE IT BEFORE IT'S TOO LATE!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $800
Year Built
- Built in 1980
Lot Details
- 0.87 Acre Lot
- Level Lot
- Cleared Lot
- Back Yard
Parking
- 2 Car Garage
- Attached Carport
- Driveway
Home Design
- Brick or Stone Mason
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Ceiling Fan
- Wood Burning Stove
- Combination Kitchen and Dining Room
- Bonus Room
Kitchen
- Gas Cooktop
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 6 Bedrooms | 3 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Outdoor Features
- Separate Outdoor Workshop
- Rain Gutters
Utilities
- Central Air
- Heat Pump System
- 440 Volts
- 200+ Amp Service
- Electric Water Heater
- High Speed Internet
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 064.02
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,905 | $38,325 | $7,600 | $30,725 |
| 2023 | $1,905 | $38,325 | $7,600 | $30,725 |
| 2022 | $1,919 | $38,550 | $7,600 | $30,950 |
| 2021 | $1,919 | $38,550 | $7,600 | $30,950 |
| 2020 | $1,919 | $38,550 | $7,600 | $30,950 |
| 2019 | $1,853 | $33,900 | $7,600 | $26,300 |
| 2018 | $1,853 | $33,900 | $7,600 | $26,300 |
| 2017 | $1,962 | $33,900 | $7,600 | $26,300 |
| 2016 | $1,856 | $33,900 | $7,600 | $26,300 |
| 2015 | $1,478 | $33,900 | $7,600 | $26,300 |
| 2014 | $1,478 | $33,900 | $7,600 | $26,300 |
| 2013 | $1,478 | $35,650 | $7,200 | $28,450 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | Price Changed | $450,000 | -7.2% | $155 / Sq Ft |
| 08/09/2025 08/09/25 | Price Changed | $485,000 | -2.8% | $167 / Sq Ft |
| 07/30/2025 07/30/25 | For Sale | $499,000 | -- | $172 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $150,000 | None Available | |
| Deed | $95,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $153,450 | VA | |
| Previous Owner | $27,000 | New Conventional |
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 307628
APN: 056G-E-018.01
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