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Cocke 37821
1348 Bluets Road
Photo of 1348 Bluets Road
Sold on Nov 24, 2021

47

Map

Photo of 1348 Bluets Road
Photo of 1348 Bluets Road
$203,000
● House - Off Market

1348 Bluets Road

Newport, TN 37821
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,568 Ft²
$245,204
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

I've lived in more than one double wide, but but not like this one! Hey, this is a nice home! 3 bed, 2 bath, 1568 square feet, sitting on .76 acres. This home, built in 2019, was a model home on Claytons Newport lot. So this is basically a brand new home, with a factory warranty that transfers to the new owner. Give this home and beautiful Cocke County a look. Great location close to the Great Smoky Mountains, Gatlinburg, Pigeon Forge, and Asheville, NC. O/A
Unit Size
1,568 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$140
Property Type
House
Property Taxes
$12
HOA Dues
-
Year Built
2019

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 26 days ago (Realtracs #RTC3253800)

Price History

Date / Event Date Event Price
Nov 24, 2021 Sold
Premium
Sold
Aug 14, 2021 Listed by WEICHERT, REALTORS - TIGER REAL ESTATE $219,900
Listed by WEICHERT, REALTORS - TIGER REAL ESTATE

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 45
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 24
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,106
  • Lot Size Depth Feet: 2,230
  • Lot Size Frontage Feet: 1,110
  • Total Building Area: 1,568
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLUE SPRINGS
  • Land Acres: 0000000760
  • Standard Land Use Code: 1006
  • County Land Use Code: 50
  • Mobile Home Indicator: T
  • Legal Description 1: DISTRICT: 04 E-63, COUNTY AREA: Y01

Neighborhood

  • School District Name: Cocke County School District
  • Census Tract: 920501

Geography

  • Assessors Map Reference: 055
  • District: 04
  • Parcel: 015055 12230
  • Lot: 21
  • Latitude: 35.9492
  • Longitude: -83.2512

    Address

  • Full Address: 1348 Bluets Rd
  • Address - House Number: 1348
  • Address - Street Name: Bluets
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Newport
  • Carrier Code: R001
  • 4-Digit Zip Code: 7557
  • Zip Code: 37821

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $75,100
  • Tax Rate Code Area: 15A00

    Appraisal Valuation

  • Standard Deviation: 0.1253
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 86
  • Final Value: 210,963
  • High Value: 237,398
  • Low Value: 184,528

    Market Valuation

  • Market Total Value: $117,400
  • Market Land Value: $22,500
  • Market Improvement Value: $94,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,350
  • Assessed Land Value: $5,625
  • Assessed Improvements Value: $23,725

    Sales

  • Current Sale Contract Date: Nov 24, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21006021
  • Previous Sale Recording Date: Mar 31, 2021
  • Previous Sale Contract Date: Mar 30, 2021
  • Previous Sale Amount: $24,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cocke

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$222

Below Asking

0.03%

Average Days on Market

91

Average Home Size

2133 ft²

Average Home Age

31.7 years

Currently For Sale

155 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Currently no nearby rentals
Realtracs

Listed by: Scottie Hooper, WEICHERT, REALTORS - TIGER REAL ESTATE
Last Updated: 26 days ago
Data Source: Realtracs, MLS# RTC3253800
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 1348 Bluets Road built and last sold?
The property at 1348 Bluets Road was built in 2019 and last sold on Nov 24, 2021 for $203,000.
How much is this home worth?
The estimated value of the home located at 1348 Bluets Road is $229,224.
What are some comparable homes to 1348 Bluets Road?
There are currently no comparable homes to 1348 Bluets Road.
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