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241 Newport Road

241 Newport Road, Knoxville, TN 37934
Property in Knox
Sold Jun 26, 2015
$179,900
$161,910 by Regions Bank
Mortgage Due Jul 01, 2030
Sold Dec 23, 2009
$140,000
$133,000 by Ornl Fcu
Mortgage Due Jan 01, 2040
241 Newport Road in Knoxville, TN was first built in 1972 and is 52 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 241 Newport Road has 1,900 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,300 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 950 ft and the linear feet between the front and back of the lot is 1,551. In total, the area measurement of the land is 12,375 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of unknown. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jun 23, 2015 for $179,900. That's $94.68 per sqft. Prior to that sales transaction, the property was also sold in Dec 18, 2009 for $140,000. 241 Newport Road was last assessed in 2023. The total value of the property was assessed at $58,650. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $911. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 2005
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,300
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 12,375
  • Lot Size Depth Feet: 1,551
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,900
  • Gross Building Area: 2,600
  • Building Area: 1,900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,900
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: STONECREST UNIT 5
  • Land Acres: 0.284
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: SUBDIVISIONNAME STONECREST UNIT 5 MAPPLATB 47S MAPPLATP 63 DIMENSIONS 95 X 155.05 X IRR

Ownership

  • Current Owner : MENGESHA TADELE A
  • Current Owner 2: AMEDE KALKIDAN DAGNACHEW
  • Previous Owner : SWINSON KEN
  • Previous Owner 2: SWINSON MEGHAN
  • Owner Before Previous Owner: RITTER BEVERLY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 005803

Geography

  • Assessors Map Reference: MAP #131P
  • District: FAR
  • Parcel: 131PE018
  • Block: J
  • Lot: 8
  • Municipality: FARRAGUT
  • Latitude: 35.8954
  • Longitude: -84.1491

    Address

  • Full Address: 241 Newport Rd
  • Legal Unit: 5
  • Address - House Number: 241
  • Address - Street Name: Newport
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Farragut
  • Carrier Code: C029
  • 4-Digit Zip Code: 1835
  • Zip Code: 37934

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $911

    Appraisal Valuation

  • Standard Deviation: 0.219
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 69
  • Final Value: 381,185
  • High Value: 464,682
  • Low Value: 297,688

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $161,910
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Jun 26, 2015
  • First Open Lien Mortgage Loan Amount: $161,910
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2030

    Market Valuation

  • Market Total Value: $234,600
  • Market Land Value: $30,000
  • Market Improvement Value: $204,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,650

    Sales

  • Current Sale Contract Date: Jun 23, 2015
  • Current Sale Recording Date: Jun 26, 2015
  • Current Sale Transaction ID: 1362371748
  • Current Sale Price: $179,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201506260071605
  • Previous Sale Recording Date: Dec 23, 2009
  • Previous Sale Contract Date: Dec 18, 2009
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Jun 26, 2015
  • First Mortgage Loan Amount: $161,910
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2030

    Previous Mortgages

  • Previous Mortgage Lender: ORNL FCU
  • Previous Mortgage Transaction Date: Dec 23, 2009
  • Previous Mortgage Loan Amount: $133,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2040

About Farragut



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Frequently Asked Questions

What neighborhood is 241 Newport Road located in?
The 241 Newport Road is a located in the neighborhood of Knox in Farragut, Knoxville.
What is the average sales price for listings in 241 Newport Road?
The average sales price for units in 241 Newport Road is $0 currently.

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