NOT LISTED FOR SALE

640 Rankin Rd Newport, TN 37821

Estimated Value: $204,102 - $373,000

3 Beds
2 Baths
1,656 Sq Ft
$169/Sq Ft Est. Value

Last Sold August 29, 2023

Last sale price $365,000 $220 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $1,556/month

59 Days on Market

Highlights

  • 7.6 Acre Lot
  • Private Lot
  • Ranch Style House
  • Mountain View
  • Wooded Lot
  • Wood Flooring

About This Home

As of August 2023

LOOKING FOR SPACE, HERE IT IS! THIS PROPERTY SITS NICELY ON 6.29 ACRES JUST OUTSIDE THE CITY LIMITS. 3 BEDROOM, 2 BA HOME WITH OVER 1,600 SQFT. NICE LARGE FRONT YARD WITH MATURE TREES AND 7.60 ACRES OF BACK YARD. NEED A WORKSHOP WE GOT YOU. 2562 SQFT WITH A BATHROOM, COULD BE USED AS LIVING QUARTERS ASWELL. THERE'S ALSO ANOTHER BUILDING ON TH PROPERTY ITS A 30X50 THATS 1,500 SQFT. ANOTHER BLOCK BUILDING ON THE PROPERTY 612 SQFT THAT COULD BE USED FOR AN OFFICE, BEAUTY SHOP OR STORAGE. MULTIPLE USUAGE FOR THIS GREAT PROPERTY! PROPERTY ALSO COMES FULLY FURNIHED!! SO JUT NEED YA CLOTHES! CALL AND LET'S TAKE A TOUR!

Last Agent to Sell the Property

Lisa Askew

Askew Realty Group License #296828 Listed on: 06/01/2023

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM License #105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,280

Year Built

  • Built in 1983

Lot Details

  • 7.6 Acre Lot
  • Property fronts a county road
  • Private Lot
  • Level Lot
  • Wooded Lot

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Ranch Style House
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Utility Room
  • Wood Flooring
  • Mountain Views
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding
  • Rain Gutters

Utilities

  • Central Air
  • Heat Pump System
  • Geothermal Heating and Cooling
  • High Speed Internet

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,280

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Zoning: Residential
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Level, Private, Wooded
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: Other
  • Architectural Style: Ranch
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: Yes
  • Unit Levels: One
  • Reso Other Structures: Outbuilding, Shed(s), Storage, Workshop
  • ResoWindowFeatures: Double Pane Windows, Window Treatments
  • Location Tax and Legal Tax Lot2: 0
  • Location Tax and Legal:Tax Annual Amount: 1280.0
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Lot Size Acres: 7.6
  • General Property Information Bonus Room YN2: No
  • General Property Information:Furnished: Furnished
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • General Property Information View YN2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Room Types Bedroom 2 Level: 1
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Primary Bedroom Level: 1
  • Room Types Utility Room: Yes
  • Room Types Utility Room Level: 1
  • Road Frontage Type County Road: Yes
  • Levels:One: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures Storage4: Yes
  • Room Types Bedroom 3 Level: 1
  • Architectural Style Ranch2: Yes
  • Other Structures:Outbuilding: Yes
  • Other Structures:Workshop: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Walk-In Closet(s)
  • Street Number Modifier: 640
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 12
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Attic Features:Storage Only: Yes

Exterior Features

  • Exterior Features: Rain Gutters, Storage
  • Roof: Metal
  • Acres: 7.6
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Covered, Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio and Porch Features:Porch: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Storage2: Yes
  • Window Features:Window Treatments: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Private2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Attached Carport, Driveway, Paved
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Attached Carport: Yes

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Electric, Geothermal
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Electric4: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Geothermal: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 331056.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1280.0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Aug 29, 2023
Sold by
Stinnett Shirley D
Bought by
Turner Vicky
Seller's Agent
Lisa Askew
Askew Realty Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$389,000
Sold Price
$365,000
Premium/Discount to List
-$24,000
-6.17%
Views
222
Current Estimated Value
$280,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$84,974
Avg. Annual Appreciation
-11.50%
Original Mortgage
$292,000
Outstanding Balance
$286,444
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
-$6,418
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
Turner Vicky $365,000 Blue Ridge Title
Stinnett Shirley D -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Vicky $292,000
Previous Owner Stinnett James B $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2023 09/24/23 Off Market $375,000 -- --
08/29/2023 08/29/23 Sold $365,000 -2.7% $220 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/19/2023 07/19/23 Price Changed $375,000 -3.6% $226 / Sq Ft
07/19/2023 07/19/23 For Sale $389,000 0.0% $235 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $389,000 -- $235 / Sq Ft
Source: Great Smoky Mountains 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 $1,044 $40,775 $3,650 $37,125
2023 $1,044 $40,775 $3,650 $37,125
2022 $1,046 $40,775 $3,650 $37,125
2021 $1,046 $40,775 $3,650 $37,125
2020 $1,046 $40,775 $3,650 $37,125
2019 $1,157 $40,900 $3,650 $37,250
2018 $1,132 $40,000 $3,650 $36,350
2017 $1,160 $40,000 $3,650 $36,350
2016 $1,035 $40,000 $3,650 $36,350
2015 $1,063 $40,000 $3,650 $36,350
2014 $1,063 $40,000 $3,650 $36,350
2013 $1,063 $44,300 $4,650 $39,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 257601

Great Smoky Mountains Association of REALTORS®

APN: 039-024.02