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508 Strawberry Way

508 Strawberry Way, Newport, TN 37821
Property in Cocke
Sold Apr 04, 2019
$80,000
$68,477 by Mortgage Investors Group Inc
Mortgage Due Apr 01, 2049
Sold Mar 09, 2018
$41,200
Local assessors in Newport, TN have categorized 508 Strawberry Way as a residential type of property. The home was built in 1995 and is 29 years old. It was most recently renovated and altered in 2008. The property's lot size has been calculated to be 17,860 square feet. The linear feet between the front and back of the lot was measured at 1,690 ft and the front of the lot was measured at 1,000 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 508 Strawberry Way has a total of 1,296 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of metal. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Mar 29, 2019 for $80,000. That's $61.73 per sqft. Prior to that sales transaction, the property was also sold in Feb 16, 2018 for $41,200. 508 Strawberry Way was last assessed in 2023. The total value of the property was assessed at $20,600. Specifically, the land the property is located on was valued at $3,200. While improvements on the property were assessed at a total of $17,400. 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 $527. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

Building Features

Exterior

Wood Siding
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Depth Feet: 1,690
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,296
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.41
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: DISTRICT: 04, COUNTY AREA: Y01

Ownership

  • Current Owner : MAYNARD KIRSTEN
  • Previous Owner : HALL VICTORIA M
  • Owner Before Previous Owner: HALL HUBERT JEROME
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 055I
  • District: 04
  • Parcel: 015055I A 01700
  • Latitude: 35.9528
  • Longitude: -83.2546

    Address

  • Full Address: 508 Strawberry Way
  • Address - House Number: 508
  • Address - Street Name: Strawberry
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Newport
  • Carrier Code: R001
  • 4-Digit Zip Code: 7543
  • Zip Code: 37821

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $527
  • Tax Rate Code Area: 15A00

    Appraisal Valuation

  • Standard Deviation: 0.4621
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 7
  • Final Value: 84,796
  • High Value: 123,987
  • Low Value: 45,604

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $83,477
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Apr 04, 2019
  • First Open Lien Mortgage Loan Amount: $68,477
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2049
  • Second Open Lien Mortgage Lender: TENNESSEE HOUSING DEVELOPMENT
  • Second Open Lien Mortgage Recording Date: Apr 04, 2019
  • Second Open Lien Mortgage Loan Amount: $15,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • Second Open Lien Mortgage Loan Due Date: Apr 04, 2049

    Market Valuation

  • Market Total Value: $82,400
  • Market Land Value: $12,800
  • Market Improvement Value: $69,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,600
  • Assessed Land Value: $3,200
  • Assessed Improvements Value: $17,400

    Sales

  • Current Sale Contract Date: Mar 29, 2019
  • Current Sale Recording Date: Apr 04, 2019
  • Current Sale Transaction ID: 11597455132
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19021207
  • Previous Sale Recording Date: Mar 09, 2018
  • Previous Sale Contract Date: Feb 16, 2018
  • Previous Sale Amount: $41,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Apr 04, 2019
  • First Mortgage Loan Amount: $68,477
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2049

About Cocke



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 508 Strawberry Way located in?
The 508 Strawberry Way is a other located in the neighborhood of Cocke in Cocke, Newport.
What is the average sales price for listings in 508 Strawberry Way?
The average sales price for units in 508 Strawberry Way is $79,900 , or $62/sqft. currently.

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