NOT LISTED FOR SALE

623 3rd St Newport, TN 37821

Estimated Value: $132,829 - $236,000

-- Bed
2 Baths
1,592 Sq Ft
$122/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $70,000 $44 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $1,166/month

4 Days on Market

Highlights

  • Covered Patio or Porch
  • Cooling System Powered By Gas
  • Satellite Dish
  • Newport Grammar School Rated A-
  • Ceiling Fan
  • Many Trees

About This Home

As of March 2018

Motivated Seller!! This Investment Duplex Property is priced to sell. Happy tenants that have lived there for twenty years.

Last Agent to Sell the Property

Peggy Holt

RE/MAX Real Estate Ten East Listed on: 01/06/2018

Last Buyer's Agent

Peggy Holt

RE/MAX Real Estate Ten West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,287

Year Built

  • Built in 1960

Lot Details

  • 10,454 Sq Ft Lot
  • Many Trees

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Metal Fireplace

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Schools

  • Newport Grammar Elementary School
  • Cocke High School

Utilities

  • Cooling System Powered By Gas
  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 056C
  • Tax Block 25

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,287

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 1960
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Lot Size: 0/0/0/0
  • Subdivision Name: Other
  • Directions: Take I-40 Exit 435 Left go to 2nd Right Light go approx. 1/2 mile take Right on 3rd Street. Duplex on Right.
  • Location Tax and Legal:Parcel Number2: 056C
  • Location Tax and Legal:Tax Block: 25
  • General Property Information:Lot Size Acres: 0.24
  • 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
  • Appliances Refrigerators: Yes
  • Cooling:Heat Pump: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • General Property Information:Basement YN: Yes
  • Gross Scheduled Income: 10200.0
  • Cooling:Central Air: Yes
  • Laundry Features:Main Level: Yes
  • Other Equipment:Satellite Dish: Yes
  • General Property Information:Number Of Units Total2: 2.0
  • Cooling:Gas3: Yes
  • Roof:Metal: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Refrigerator
  • Basement: Block, Crawl Space
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Private Spa: No
  • Other Equipment: Satellite Dish
  • Basement YN: Yes
  • Fireplace Features: Metal
  • Fireplace: No
  • Basement:Block: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Pantry: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Lot Features: Many Trees
  • Home Warranty: No
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Porch
  • Construction Materials:Brick: Yes
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Many Trees: 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: Central Air, Gas, Heat Pump
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Cable TV
  • Association: Yes

Association/Amenities

  • Association Amenities:Cable TV: Yes

Schools

  • Elementary School: Newport Grammar
  • High School: Cocke

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Parcel #: 056C
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Block: 25
  • Tax Map Number: 056C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2024
Sold by
Costner Darrin L
Bought by
Copper Ridge Properties Llc
Current Estimated Value
$194,457

Purchase Details

Listed on
Jan 6, 2018
Closed on
Mar 30, 2018
Sold by
Ramsey Richard Lee and Ramsey Robin
Bought by
Costner Darrin L
Seller's Agent
Peggy Holt
RE/MAX Real Estate Ten East
Buyer's Agent
Peggy Holt
RE/MAX Real Estate Ten West
List Price
$73,500
Sold Price
$70,000
Premium/Discount to List
-$3,500
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.33%

Purchase Details

Closed on
Dec 30, 1998
Sold by
Ramsey Bonnie K
Bought by
Ramsey Bonnie
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
Copper Ridge Properties Llc -- None Listed On Document
Costner Darrin L $70,000 None Available
Ramsey Bonnie $58,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $70,000 -4.8% $44 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
01/06/2018 01/06/18 For Sale $73,500 -- $46 / 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 $1,287 $25,880 $6,040 $19,840
2023 $1,287 $25,880 $6,040 $19,840
2022 $1,288 $25,880 $6,040 $19,840
2021 $1,288 $25,880 $6,040 $19,840
2020 $624 $25,880 $6,040 $19,840
2019 $1,513 $27,680 $6,040 $21,640
2018 $1,513 $27,680 $6,040 $21,640
2017 $1,603 $27,680 $6,040 $21,640
2016 $1,516 $27,680 $6,040 $21,640
2015 $1,307 $27,680 $6,040 $21,640
2014 $1,307 $27,680 $6,040 $21,640
2013 $1,307 $31,520 $5,880 $25,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 576474

Lakeway Area Association of REALTORS®

APN: 056C-H-007.00