2 months on rocket

1196 Iris Way, Cosby, TN, 37722

$540,000

Home List Price

$6,413*

Closing Credit

4 Bedrooms
3 Full Baths
2,688 SqFt
$201/SqFt
House
Schools Nearby

Location

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1196 Iris Way, Cosby$540,000

Buyer Closing Credits

$6,413*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingNone
Year Built1998
HeatingForced Air, Heat Pump, Electric
CoolingCentral Air
FireplaceNone
ViewMountain(s), Trees/Woods
MLS #1253289
Lot Size3.00 Acres
StatusActive

About 1196 Iris Way

Investment OR Nestled amidst the serene beauty of the Smoky Mountains situated on 3-full acres, this renovated 4-bedroom, 3-full bath cabin offers a perfect blend of rustic charm and modern comfort. Situated in a picturesque setting, surrounded by towering trees and breathtaking views, this retreat provides an idyllic escape from the hustle and bustle of everyday life. Step inside to discover a thoughtfully redesigned interior, where traditional mountain aesthetics seamlessly merge with contemporary amenities. The spacious living area beckons with its warm wood accents, inviting furnishings, creating an atmosphere of relaxation and tranquility. Large windows bathe the room in natural light while framing stunning vistas of the surrounding landscape. The fully-equipped kitchen is a chef's delight, boasting butcherblock countertops, stainless steel appliances, and ample cabinet space, making meal preparation a breeze. Adjacent to the kitchen, the dining area offers ample seating for family gatherings or intimate dinners, with views of the verdant outdoors. Outside, the cabin's expansive deck beckons with its inviting views, perfect for unwinding after a day of adventure in the mountains. Located within close proximity to hiking trails, fishing spots, and other outdoor activities including Dollywood, Pigeon Forge and Gatlinburg, this cabin serves as an ideal home base for exploring the wonders of the Smoky Mountains. Whether you're seeking a peaceful retreat or an adventure-filled getaway, this renovated cabin offers the perfect blend of comfort, convenience, and natural beauty.

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin
  • Year Built: 1998
  • Living Area: 2,688 SqFt

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Self Cleaning Oven, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Laminate, Carpet, Hardwood, Tile
  • Interior: Island in Kitchen, Walk-In Closet(s), Eat-in Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Mountain(s), Trees/Woods
  • Exterior: Deck

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Private, Wooded, Irregular Lot
  • Lot Size: 3.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Gatlinburg Pittman High School, Public District Grades 9-12
  • Sevier County High School, Public District Grades 9-12
  • Pigeon Forge High School, Public District Grades 9-12
  • Jones Cove Elementary School, Public District Grades PK-8
  • New Center Elementary School, Public District Grades KG-8
  • Pittman Center Elementary School, Public District Grades PK-8
  • Sevierville Intermediate School, Public District Grades 3-5
  • Catlettsburg Elementary School, Public District Grades KG-6
  • Northview Elementary School, Public District Grades KG-3

Other

Directions Information:

  • Directions: From I-40 heading towards Gatlinburg take exit 435 to Newport TN-32 S for about 4 miles. Take a right onto Bogart. In about 5 miles make a right at Sunset Gap on Iris Way. Driveway os hidden. Head up the driveway and when you see a house with a red tin roof the driveway with be on the left. Heat all the way up until you get to the house.

Price Information

Listing Price Info

Price Summary:

  • List Price: $540,000
  • Price Per SqFt: $201/SqFt

Tax Information:

  • Annual Amount: $636
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cosby, TN.

Med. Sold Price

$337K

Med. Price/SqFt

$216

Avg. Days On Market

38

# of Sold Homes

7

1196 Iris Way vs Cosby

74 DAYS ON ROCKET

+36 Days

$540,000

+$203K More

$201/SqFt

-$16 Less

KEY TAKEAWAY

This property is $203K more than the Median Sold Price and $16/SqFt less than other homes in Cosby, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1253289

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 12:50:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 06, 2017Home Sold
$62,000

Tax History

YEARPROP. TAXASSESSMENT
2020$636$41,775
2019$636$34,200
2018$636$34,200
2017$636$34,200

History based on county public records data.

Payment Calculator

$2,763

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,685

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6329002
2
/10
  • Sevierville Intermediate School

  • 416 High St

  • 14.60 miles

  • Public District Grades 3-5

school-card-donut-6329003
5
/10
  • Catlettsburg Elementary School

  • 1409 Catlettsburg Rd

  • 15.90 miles

  • Public District Grades KG-6

school-card-donut-6329004
3
/10
  • Northview Elementary School

  • 3293 Douglas Dam Rd

  • 19.05 miles

  • Public District Grades KG-3

Middle School

school-card-donut-6329005
5
/10
  • Jones Cove Elementary School

  • 4554 Jones Cove Rd

  • 2.61 miles

  • Public District Grades PK-8

school-card-donut-6329006
4
/10
  • New Center Elementary School

  • 2701 Old Newport Hwy

  • 8.13 miles

  • Public District Grades KG-8

school-card-donut-6329007
5
/10
  • Pittman Center Elementary School

  • 2455 East Pw

  • 9.10 miles

  • Public District Grades PK-8

High School

school-card-donut-6329008
7
/10
  • Gatlinburg Pittman High School

  • 150 Proffitt Rd

  • 12.31 miles

  • Public District Grades 9-12

school-card-donut-6329009
5
/10
  • Sevier County High School

  • 1200 Dolly Parton Pkwy

  • 12.97 miles

  • Public District Grades 9-12

school-card-donut-6329010
6
/10
  • Pigeon Forge High School

  • 414 Tiger Dr

  • 16.74 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,239. The majority of Cosby, TN residents have income less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1196 Iris Way

What is the listing price of this property?

The listing price of 1196 Iris Way property is $540,000.

What type of property is this?

The property 1196 Iris Way is a house located in Cosby, Tennessee, 37722.

Is this property for sale now?

Active Listing: 1196 Iris Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1196 Iris Way are:
Sevierville Intermediate School: GreatSchools Rating 2/10
Catlettsburg Elementary School: GreatSchools Rating 5/10
Northview Elementary School: GreatSchools Rating 3/10
Jones Cove Elementary School: GreatSchools Rating 5/10
New Center Elementary School: GreatSchools Rating 4/10
Pittman Center Elementary School: GreatSchools Rating 5/10
Gatlinburg Pittman High School: GreatSchools Rating 7/10
Sevier County High School: GreatSchools Rating 5/10
Pigeon Forge High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $636 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 6, 2017 for $62,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1196 Iris Way has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1196 Iris Way is 2,688 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1196 Iris Way is 1998.

Rocket HomesTennesseeCocke CountyCosby377221196 Iris Way

This home is located at 1196 Iris Way in Cosby, TN and zip code 37722. This 2,688 square foot home, which was built in 1998, sits on a 3.00 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $540,000.

Cosby, TN housing market in April 2024 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 6 sold below. Between March 2024 and April 2024, Cosby, TN real estate market has seen increase in the number of listings by 14.6%. While the average time on the market in April 2024 was 38 days, the median list price was $337,000.

From Rocket Homes Real Estate and based on county public records data.

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