NOT LISTED FOR SALE

564 Jones Cir Newport, TN 37821

Estimated Value: $91,000 - $173,000

-- Bed
1 Bath
576 Sq Ft
$240/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $50,000 $87 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $829/month

272 Days on Market

Highlights

  • Covered Patio or Porch
  • Window Unit Cooling System
  • 3-minute walk to Newport Parks & Recreation
  • Newport Grammar School Rated A-
  • Wood Siding

About This Home

As of December 2019

Location Location!!! This property is located only minutes from the Great Smoky Mountain which is a prime for investors or Entrepreneurs wanting to expand in an area with highly potential growth. * Year Built: House #1 - 1950/ House #2 - 1960

Last Agent to Sell the Property

Peggy Holt

RE/MAX Real Estate Ten West Listed on: 02/26/2019

Last Buyer's Agent

Rae Massey

Massey Realty License #311729

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,154

Year Built

  • Built in 1950

Lot Details

  • 0.76

Home Design

  • Block Foundation
  • Wood Siding
  • Vinyl Siding

Basement

  • Block Basement Construction
  • Crawl Space

Schools

  • Newport Grammar Elementary School
  • Cocke High School

Utilities

  • Window Unit Cooling System
  • Electric Water Heater

Additional Features

  • Metal Fireplace
  • Covered Patio or Porch
  • 0.76 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 005.01
  • Tax Block B

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,154

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 1950
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.76
  • Lot Size: 0/0/0/0
  • Subdivision Name: None
  • Directions: From I-40 Exit 435 toward downtown Newport take third red light onto Jones Circle. Home on right pass Capital Bank.
  • Location Tax and Legal:Parcel Number2: 005.01
  • Location Tax and Legal:Tax Block: B
  • General Property Information:Lot Size Acres: 0.76
  • General Property Information:Lot Size Dimensions: 0/0/0/0
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Elementary School: Newport Grammar
  • Location Tax and Legal:High School: Cocke
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Foundation Details:Block3: Yes
  • General Property Information:Basement YN: Yes
  • Gross Scheduled Income: 7800.0
  • Cooling:Window Unit(s): Yes
  • General Property Information:Number Of Units Total2: 2.0
  • Roof:Metal: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement: Block, Crawl Space
  • Private Spa: No
  • Basement YN: Yes
  • Fireplace Features: Metal
  • Fireplace: No
  • Basement:Block: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Home Warranty: No
  • Construction Type: Vinyl Siding, Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Porch
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: Gravel
  • General Property Information:Carport YN: No
  • Parking Features:Gravel: Yes
  • Unit 1:Garage YN3: No
  • Unit 2:Garage YN4: No
  • Unit 3:Garage YN5: No
  • Unit 4:Garage YN6: No

Utilities

  • Cooling: Window Unit(s)
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Water Source: Public

Schools

  • Elementary School: Newport Grammar
  • High School: Cocke

Lot Info

  • Lot Size Sq Ft: 33105.6
  • Parcel #: 005.01
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Block: B
  • Tax Map Number: 056G

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2019
Closed on
Dec 30, 2019
Sold by
Sweeten Trae Scott
Bought by
Hembree Joseph W
Seller's Agent
Peggy Holt
RE/MAX Real Estate Ten West
Buyer's Agent
Rae Massey
Massey Realty
List Price
$98,000
Sold Price
$50,000
Premium/Discount to List
-$48,000
-48.98%
Current Estimated Value
$138,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,361
Avg. Annual Appreciation
19.26%

Purchase Details

Closed on
Mar 26, 2012
Sold by
Denton Scott
Bought by
Denton Scott Linnie

Purchase Details

Closed on
Sep 16, 1988
Bought by
Denton Scott and Denton Linnie L

Purchase Details

Closed on
Jan 1, 1983
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
Hembree Joseph W $50,000 None Available
Denton Scott Linnie -- --
Denton Linnie C -- --
Denton Scott $6,500 --
-- $20,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2019 12/30/19 Sold $50,000 -49.0% $87 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
02/26/2019 02/26/19 For Sale $98,000 -- $170 / 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 $1,154 $23,200 $8,225 $14,975
2023 $1,154 $23,200 $8,225 $14,975
2022 $1,155 $23,200 $8,225 $14,975
2021 $1,155 $23,200 $8,225 $14,975
2020 $1,155 $23,200 $8,225 $14,975
2019 $1,159 $21,200 $8,225 $12,975
2018 $1,159 $21,200 $8,225 $12,975
2017 $1,227 $21,200 $8,225 $12,975
2016 $1,160 $21,200 $8,225 $12,975
2015 $855 $21,200 $8,225 $12,975
2014 $855 $21,200 $8,225 $12,975
2013 $855 $20,625 $8,000 $12,625
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Peggy Holt

    RE/MAX Real Estate Ten West

  • Rae Massey

    Buyer's Agent in 2019

    Rae Massey

    Massey Realty

    (865) 805-0322

    106 in this area

    275 Total Sales

    Rae Massey
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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 582348

Lakeway Area Association of REALTORS®

APN: 056G-A-005.01

Tennessee Cocke County Newport 37821

564 Jones Cir, Newport, TN

This home is located at 564 Jones Cir, Newport, TN 37821 since 26 February 2019 and is currently estimated at $138,361, approximately $240 per square foot. This property was built in 1950. 564 Jones Cir is a home located in Cocke County with nearby schools including Newport Grammar School, Calvary Baptist Tabernacle School, and Grace Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Lakeway Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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