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Newport 37821
552 JONES Circle
Photo of 552 JONES Circle
Sold on Jul 1, 2022

37

Map

Photo of 552 JONES Circle
Photo of 552 JONES Circle
$259,900
● House - Off Market

552 JONES Circle

Newport, TN 37821
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,522 Ft²
$276,131
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

BEAUTIFUL, WELL-MAINTAINED HOME ON NICE SIZED CITY LOT. SPLIT BEDROOM DESIGN WITH LARGE MASTER SUITE ON ONE END OF HOME WITH A SITTING AREA THAT CAN BE CLOSED OFF WITH FRENCH DOORS. FENCED BACK YARD FOR YOUR PETS. CONVENIENTLY LOCATED CLOSE TO I-40, THE GREAT SMOKY MOUNTAINS, DOUGLAS LAKE, 2 RIVERS (PIGEON & FRENCH BROAD) AND CHEROKEE NATIONAL FOREST. LESS THAN AN HOUR TO GATLINBURG, PIGEON FORGE AND KNOXVILLE. JUST OVER AN HOUR TO ASHVILLE, NC. & HARRAHS CHEROKEE CASINO.
Unit Size
2,522 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$107
Property Type
House
Property Taxes
$170
HOA Dues
-
Year Built
2006

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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: 24 days ago (Realtracs #RTC3253787)

Price History

Date / Event Date Event Price
Jul 1, 2022 Sold
Premium
Sold
Jan 22, 2022 Listed by WEICHERT, REALTORS - TIGER REAL ESTATE $269,900
Listed by WEICHERT, REALTORS - TIGER REAL ESTATE

Property Highlights

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • 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
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,878
  • Lot Size Depth Feet: 2,400
  • Lot Size Frontage Feet: 860
  • Total Building Area: 2,522
  • Building Area: 2,522
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,522
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JONES WOODLAND
  • Land Acres: 0000000640
  • Standard Land Use Code: 1006
  • County Land Use Code: 50
  • Mobile Home Indicator: T
  • Legal Description 1: DISTRICT: 06, COUNTY AREA: Y01

Neighborhood

  • School District Name: Newport City School District
  • School Tax School District: 15527
  • Census Tract: 920600

Geography

  • Assessors Map Reference: 056G
  • District: 06
  • Parcel: 015056G A 00500
  • Block: B
  • Lot: 54-5
  • Municipality: NEWPORT
  • Latitude: 35.9573
  • Longitude: -83.1943

    Address

  • Full Address: 552 Jones Cir
  • Address - House Number: 552
  • Address - Street Name: Jones
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Newport
  • Carrier Code: C001
  • 4-Digit Zip Code: 3820
  • Zip Code: 37821

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $203,400
  • Tax Rate Code Area: 15A01

    Appraisal Valuation

  • Standard Deviation: 0.1253
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 86
  • Final Value: 258,676
  • High Value: 291,090
  • Low Value: 226,262

    Market Valuation

  • Market Total Value: $163,600
  • Market Land Value: $29,500
  • Market Improvement Value: $134,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,900
  • Assessed Land Value: $7,375
  • Assessed Improvements Value: $33,525

    Sales

  • Current Sale Contract Date: Jul 01, 2022
  • Current Sale Recording Date: Jul 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3512
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 Newport

Stats & Trends

Median Asking:

$232,000

Sale Price/ft²

$163

Below Asking

0.03%

Average Days on Market

78

Average Home Size

1719 ft²

Average Home Age

71.6 years

Currently For Sale

14 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Realtracs

Listed by: Scottie Hooper, WEICHERT, REALTORS - TIGER REAL ESTATE
Last Updated: 24 days ago
Data Source: Realtracs, MLS# RTC3253787
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 552 Jones Circle built and last sold?
The property at 552 Jones Circle was built in 2006 and last sold on Jul 1, 2022 for $259,900.
How much is this home worth?
The estimated value of the home located at 552 Jones Circle is $298,968.
What are some comparable homes to 552 Jones Circle?
There are currently no comparable homes to 552 Jones Circle.
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