NOT LISTED FOR SALE

755 Hiwassee St Newport, TN 37821

Estimated Value: $181,000 - $229,156

3 Beds
2 Baths
1,198 Sq Ft
$169/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $175,000 $146 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,195/month

47 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Living Room
  • Newport Grammar School Rated A-
  • Multiple cooling system units
  • Ceiling Fan

About This Home

As of May 2024

Great investment opportunity in Newport TN. This home could serve as a personal residence, a rental or an investment. The home features 3 Bedrooms, 2 Baths with a partial basement. Located inside the City limits of Newport with beautiful mountain views it has all public utilities including Natural Gas, Water, Sewer, and High-speed Internet service. Home renovations are about 90% complete including new electrical. The home does not have HVAC but currently uses Window AC units and Electric heaters. This home is being sold AS-IS via Cash or Conventional loan.

Last Agent to Sell the Property

Fred Dotson

Elite Realty Group License #367035 Listed on: 03/08/2024

Last Buyer's Agent

Felicia Cardwell

WEICHERT, REALTORS - TIGER REAL ESTATE License #367467

WEICHERT, REALTORS - TIGER REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,396

Year Built

  • Built in 1962

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,198 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Partial Basement

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • City Lot

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Space Heater

Community Details

  • No Home Owners Association
  • Indian Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 056I F 00300 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,396

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Year Built: 1962
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Lot Size: 100x150
  • Road Frontage Type: City Street
  • Inclusions: Window AC Units
  • Subdivision Name: Indian Hills
  • Directions: 321 Cosby Highway to Sequoyah Dr. Left on Hiwassee St. Home is on the left.
  • Above Grade Finished Sq Ft: 1198.0
  • Architectural Style: Ranch
  • New Construction: No
  • Structure Type: House
  • Location Tax and Legal:Tax Annual Amount: 1395.89
  • Location Tax and Legal:Tax Year2: 2023
  • Location Tax and Legal:Parcel Number2: 056I F 00300 000
  • General Property Information:Lot Size Acres: 0.34
  • General Property Information:Lot Size Dimensions: 100x150
  • General Property Information:Waterfront YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information:Living Area2: 1198.0
  • General Property Information:Above Grade Finished Area: 1198.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: No
  • Appliances Refrigerators: Yes
  • Architectural Style:Ranch: Yes
  • Foundation Details:Block3: Yes
  • Roof:Shingle: Yes
  • Room Types:Living Room2: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Hardwood: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities:Sewer Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Cooling:Window Unit(s): Yes
  • Flooring:Luxury Vinyl: Yes
  • Cooling:Multi Units: Yes
  • General Property Information:Stories Total: 1
  • Utilities:Electricity Connected: Yes
  • Utilities:Water Connected: Yes
  • Location Tax and Legal:Additional Parcels YN: No
  • Property Condition:Year Built Effective: 1962
  • Cooling:Ceiling Fan(s): Yes
  • Electric:Circuit Breakers: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Property Condition:Fixer: Yes
  • Special Features: None
  • Stories: 1
  • Year Renovated: 1962

Interior Features

  • Flooring: Hardwood, Luxury Vinyl
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1198.0
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters
  • Lot Features: City Lot
  • Waterfront: No
  • Construction Type: Brick
  • Foundation Details: Block
  • Property Condition: Fixer, Updated/Remodeled
  • Lot Features:City Lot: Yes
  • Construction Materials:Brick: Yes
  • Exterior Features:Rain Gutters: Yes

Garage/Parking

  • Garage Yn: No
  • General Property Information:Garage YN: No

Utilities

  • Cooling: Ceiling Fan(s), Multi Units, Window Unit(s)
  • Heating: Electric, Space Heater
  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating:Electric4: Yes
  • Heating:Space Heater: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Additional Parcels: No
  • Parcel #: 056I F 00300 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1395.89
  • Tax Map Number: 056I
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
May 29, 2024
Sold by
Kinzer Andrew and Kinzer Emily
Bought by
Weatherspoon Freda and Weatherspoon Jesse Dean
Seller's Agent
Fred Dotson
Elite Realty Group
Buyer's Agent
Felicia Cardwell
WEICHERT, REALTORS - TIGER REAL ESTATE
List Price
$249,900
Sold Price
$175,000
Premium/Discount to List
-$74,900
-29.97%
Views
198
Current Estimated Value
$197,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,146
Avg. Annual Appreciation
13.18%
Original Mortgage
$176,767
Outstanding Balance
$175,006
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$28,033

Purchase Details

Listed on
Mar 21, 2023
Closed on
Apr 28, 2023
Sold by
Cameron Garrett Dustin
Bought by
Kinzer Andrew
Seller's Agent
Tracy King
Your Home Sold Guaranteed Real
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
Sold Price
$115,000
Views
209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.99%

Purchase Details

Listed on
Aug 28, 2018
Closed on
Feb 25, 2019
Sold by
Gorrell Gorrell Everett Scott Everett Scott and Gorrell Valentine Foster Jane
Bought by
Cameron Garrett Dustin
Seller's Agent
Marie Wood
Scenic Realty
Buyer's Agent
Andrea Johnson
ASKEW REALTY
List Price
$92,900
Sold Price
$90,000
Premium/Discount to List
-$2,900
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$87,300
Interest Rate
4.4%
Mortgage Type
New Conventional
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
Weatherspoon Freda $175,000 Blue Ridge Title
Kinzer Andrew -- Colonial Title Group
Cameron Garrett Dustin $90,000 Colonial Title Group Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weatherspoon Freda $176,767
Previous Owner Cameron Garrett Dustin $87,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $175,000 0.0% $146 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/21/2024 04/21/24 Price Changed $175,000 -7.4% $146 / Sq Ft
04/10/2024 04/10/24 Price Changed $189,000 -5.0% $158 / Sq Ft
03/23/2024 03/23/24 Price Changed $199,000 -9.1% $166 / Sq Ft
03/21/2024 03/21/24 Price Changed $219,000 -2.6% $183 / Sq Ft
03/19/2024 03/19/24 Price Changed $224,900 -5.9% $188 / Sq Ft
03/18/2024 03/18/24 Price Changed $239,000 -4.4% $199 / Sq Ft
03/08/2024 03/08/24 For Sale $249,900 +117.3% $209 / Sq Ft
07/28/2023 07/28/23 Off Market $115,000 -- --
04/28/2023 04/28/23 Sold $115,000 +27.8% $96 / Sq Ft
02/25/2019 02/25/19 Sold $90,000 -3.1% $75 / Sq Ft
12/11/2018 12/11/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $92,900 -- $78 / 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 $1,396 $28,075 $6,700 $21,375
2023 $1,396 $28,075 $6,700 $21,375
2022 $1,397 $28,075 $6,700 $21,375
2021 $1,397 $28,075 $6,700 $21,375
2020 $1,397 $28,075 $6,700 $21,375
2019 $1,184 $21,650 $3,025 $18,625
2018 $1,184 $21,650 $3,025 $18,625
2017 $1,253 $21,650 $3,025 $18,625
2016 $1,185 $21,650 $3,025 $18,625
2015 $978 $21,650 $3,025 $18,625
2014 $978 $21,650 $3,025 $18,625
2013 $978 $23,600 $4,500 $19,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 702884

Lakeway Area Association of REALTORS®

APN: 056I-F-003.00