NOT LISTED FOR SALE

540 Industrial Rd Newport, TN 37821

Estimated Value: $992,830

151 Acres
$6,588 Price per Acre
6,564,492 Sq Ft Lot

Last Sold September 22, 2023

Last sale price $952,500 $552 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,641/month

34 Days on Market

Highlights

  • View of Trees or Woods
  • Private Lot
  • Fenced
  • 150.7 Acre Lot
  • Wooded Lot
  • Steep Slope

About This Lot

As of September 2023

This home is located at 540 Industrial Rd, Newport, TN 37821 since 28 June 2023 and is currently estimated at $992,830, approximately $575 per square foot. 540 Industrial Rd is a home located in Cocke County with nearby schools including Edgemont Elementary School, Cocke County High School, and Calvary Baptist Tabernacle School.

Last Agent to Sell the Property

Daniel Conard

Weichert REALTORS- Tiger Real Estate License #351579 Listed on: 06/28/2023

Weichert REALTORS- Tiger Real Estate

Last Buyer's Agent

MYRA FINDLEY

Weichert REALTORS- Tiger Real Estate License #317138

Weichert REALTORS- Tiger Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,709

Lot Details

  • 150.7 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Fenced
  • Private Lot
  • Irregular Lot
  • Steep Slope
  • Cleared Lot
  • Wooded Lot
  • Finished Lot(s)
  • Zoning described as Zoned Agricultural

Property Views

  • Woods
  • Mountain
  • Countryside Views
  • Forest

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001.00

Property Details

Property Type

Land

Est. Annual Taxes

$1,709

Lot Details

0

Listing Details

  • Directions: From HWY 25E turn right onto Industrial Road travel approximately 1.8 miles to Leith Farm Way. The property is on both sides of Leith Farm Way.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 150.7
  • Lot Size: IRIRIR
  • Topography:Rolling: Yes
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Mountain View: Yes
  • View:Wooded2: Yes
  • Utilities Available:Cable TV2: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Gas3: Yes
  • Utilities Available:Telephone5: Yes
  • Utilities Available:Water5: Yes
  • Property Sub-Type:Rural: Yes
  • Property Sub-Type:Single Family2: Yes
  • Road Frontage:County4: Yes
  • Lot Description:Irregular Lot: Yes
  • Utilities Available:Sewer6: Yes
  • Topography:Steep: Yes
  • Lot Description:Private: Yes
  • Topography:Cleared: Yes
  • Property Sub-Type:Farm2: Yes
  • Improvements:Fenced: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Country Setting, Mountain View, Wooded
  • Lot Features: Private, Rolling, Wooded, Irregular Lot, Rolling Slope
  • Topography: {"Steep":true,"Cleared":true}
  • Road Frontage Paved: Yes

Lot Info

  • Lot Size Sq Ft: 6564492.0
  • Parcel #: 001.00
  • Zoning Description: Zoned Agricultural
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Sep 22, 2023
Sold by
Northshore Village Legacy Trust and Stokely James R
Bought by
Belcher Dewey and Belcher Melissa
Seller's Agent
Daniel Conard
Weichert REALTORS- Tiger Real Estate
Buyer's Agent
MYRA FINDLEY
Weichert REALTORS- Tiger Real Estate
List Price
$1,500,000
Sold Price
$952,500
Premium/Discount to List
-$547,500
-36.5%
Views
42
Current Estimated Value
$992,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,330
Avg. Annual Appreciation
1.35%
Original Mortgage
$809,625
Outstanding Balance
$715,749
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$260,399

Purchase Details

Closed on
Sep 23, 2019
Sold by
Weinberg James Stokely
Bought by
Cysewski Mary Beth and Northshore Village Legacy Trus

Purchase Details

Closed on
Aug 14, 2018
Sold by
Stokely Benjamin Dickinson
Bought by
Stokely Anthony Jacob

Purchase Details

Closed on
Aug 25, 2015
Sold by
Weinberg Morris
Bought by
Weinberg Morris and Weinberg Harry Randolph

Purchase Details

Closed on
Aug 14, 2015
Sold by
Stokely Benjamin D
Bought by
Stokely Benjamin D

Purchase Details

Closed on
Dec 28, 2009
Bought by
Stokely Benjamin D

Purchase Details

Closed on
Dec 29, 2000
Sold by
Stokely Ben D
Bought by
Southerland Paul E

Purchase Details

Closed on
Apr 6, 1998
Sold by
Stokely Ben D
Bought by
Chapman Danny

Purchase Details

Closed on
Dec 20, 1996
Bought by
Stokely Ben D

Purchase Details

Closed on
Jun 23, 1995
Sold by
Strange Timothy
Bought by
Gentry Remus

Purchase Details

Closed on
Feb 27, 1995
Sold by
Moss Rodney
Bought by
Strange Timothy
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Belcher Dewey $952,500 Jefferson Title
Cysewski Mary Beth -- None Available
Stokely Anthony Jacob -- None Available
Weinberg Morris -- --
Stokely Benjamin D -- --
Stokely Benjamin D -- --
Southerland Paul E $15,000 --
Chapman Danny $7,000 --
Stokely Ben D $124,400 --
Gentry Remus $11,472 --
Strange Timothy $6,310 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belcher Dewey $809,625
Previous Owner Mantooth Tyler $184,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $952,500 -36.5% $552 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $1,500,000 -- $870 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $1,709 $66,775 $66,025 $750
2023 $0 $144,250 $143,500 $750
2022 $2,137 $83,325 $82,575 $750
2021 $2,137 $83,325 $82,575 $750
2020 $2,308 $83,325 $82,575 $750
2019 $2,308 $81,550 $80,675 $875
2018 $2,308 $81,550 $80,675 $875
2017 $2,365 $81,550 $80,675 $875
2016 $2,110 $81,550 $80,675 $875
2015 $1,729 $81,550 $80,675 $875
2014 $1,729 $84,600 $82,250 $2,350
2013 $1,729 $72,025 $69,925 $2,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Daniel Conard

    Weichert REALTORS- Tiger Real Estate

    (423) 608-1891

    16 in this area

    35 Total Sales

    Daniel Conard
    Section Image
  • MYRA FINDLEY

    Buyer's Agent in 2023

    MYRA FINDLEY

    Weichert REALTORS- Tiger Real Estate

    (423) 714-6057

    3 in this area

    37 Total Sales

    MYRA FINDLEY
    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1231646

East Tennessee REALTORS® MLS

APN: 039-001.00

Tennessee Cocke County Newport 37821

540 Industrial Rd, Newport, TN

This home is located at 540 Industrial Rd, Newport, TN 37821 since 28 June 2023 and is currently estimated at $992,830, approximately $575 per square foot. 540 Industrial Rd is a home located in Cocke County with nearby schools including Edgemont Elementary School, Cocke County High School, and Calvary Baptist Tabernacle 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.

East Tennessee REALTORS® MLS 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.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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