1 month on rocket

Sale Pending

1490 Finchum Rd, Newport, TN, 37821

$198,000

2.68 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
ParkingRV Access/Parking
ViewMountain(s)
MLS #1254979
Lot Size2.68 Acres
StatusSale Pending
(Pending)

About 1490 Finchum Rd

Welcome to your slice of paradise in Newport, Tennessee! Nestled in the serene foothills of the Smoky Mountains, this 2.68-acre property offers the perfect blend of natural beauty and convenience. Property has large rhododendrons and 100+ yr old hardwood trees. Your new ''home-base'' features a cozy studio style accessory building & a camper with a custom covered deck to enjoy those tranquil mountain views. Features include: 19 gallon water heater, 2x8 rafters in both structures, antique finishes in studio, and full masonry foundation on the studio. The property offers a season creek and 1/3 mile nature trail! Whether you're seeking a weekend retreat or a permanent residence, this property has the potential for it all. Utilities are already in place, including water, electricity, and a septic tank, making it easy to settle in and start living your dream. Plus, a circular packed gravel driveway ensures easy access year-round. The RV pad and potential house site has water supply in place. But that's not all - this property is bursting with potential! With a cleared spot ready for your imagination, the possibilities are endless. Build your dream home, create an outdoor firepit area for entertaining under the stars, or let your creativity run wild with whatever else you can dream up. The property offers the very sought after 'southern exposure'. The current seller has outlined where a house seat could go with some stacked cinder block (to create a visual). Neighborhood homes are in the $500k range. And when it's time to explore, you'll find yourself just a short drive away from a wealth of attractions. Spend the day at Dollywood, explore the charming streets of Gatlinburg, or enjoy outdoor adventures like hiking, horseback riding, and water sports. Asheville, North Caroline is only a 1 hour drive from this location! And with Douglas Lake just a stone's throw away, the possibilities for adventure are endless. Need to stock up on supplies? No problem - this property is conveniently located just 5 minutes from Lowe's, Walmart, and other shopping and dining options, ensuring that you have everything you need right at your fingertips. Don't miss your chance to make this incredible property your own. With its unbeatable location, stunning views, and endless potential, it won't last long. Schedule your showing today!

Property Details

Property Features

Listing Office:

  • Office Name: Walker Realty Group, LLC
  • Office Phone: (865) 240-3647

Exterior Features

Exterior Information:

  • View: Mountain(s)

Parking Information:

  • Attached Garage: No
  • Parking: RV Access/Parking

Lot Features

Lot Information:

  • Lot: Rolling/Hilly, Wooded
  • Lot Size: 2.68 Acres

School Info

Assigned Schools Information:

  • Cosby High School, Public District Grades 9-12
  • Cosby Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Highway 321 past Lowe's. Turn right onto English Mountain Road, Right onto Finchum Road. Property is on Right... sign in yard.

Price Information

Listing Price Info

Price Summary:

  • List Price: $198,000
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Housing Market Comparison

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

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Newport, TN

City

Med. Sold Price

$209K

Med. Price/SqFt

$142

Avg. Days On Market

50

# of Sold Homes

11

1490 Finchum Rd vs Newport

52 DAYS ON ROCKET

+2 Days

$198,000

-$11K Less

KEY TAKEAWAY

This property is $11K less than the Median Sold Price in Newport, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1254979

Listing Office:

  • Office Name: Walker Realty Group, LLC
  • Office Phone: (865) 240-3647

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: 4/29/2024, 7:20:23 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,056

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$660

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NMLS#3030

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.

Middle School

school-card-donut-2952506
5
/10

  • Cosby Elementary School

  • 3320 Cosby Hwy

  • 5.70 miles

  • Public District Grades KG-8

High School

school-card-donut-2952507
5
/10

  • Cosby High School

  • 3318 Cosby Hwy

  • 5.62 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,981. The majority of Newport, TN residents have income less than $35k annually. The majority of families are 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 1490 Finchum Rd

What is the listing price of this property?

The listing price of 1490 Finchum Rd property is $198,000.

What type of property is this?

The property 1490 Finchum Rd is land located in Newport, Tennessee, 37821.

Is this property for sale now?

Sale Pending: 1490 Finchum Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1490 Finchum Rd are:
Cosby Elementary School: GreatSchools Rating 5/10
Cosby High School: GreatSchools Rating 5/10

How much acreage is this property?

The property 1490 Finchum Rd is 2.68 acres.
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Rocket Homes›Tennessee›Cocke County›Newport›37821›1490 Finchum Rd

This home is located at 1490 Finchum Rd in Newport, TN and zip code 37821. This home sits on a 2.68 acre lot. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $198,000.

In March 2024 more than 3 listings in Newport, TN were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 5 were sold below. The inventory of homes for sale in Newport, TN between February 2024 and March 2024 increased by 6.3%. In March 2024 median list price was $209,000 and the average listing age was 50 days.

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

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