8 months on rocket

1541 Lower English Creek Rd, Newport, TN, 37821

$1,225,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
7 Full Baths
2,092 SqFt
$586/SqFt
House
Schools Nearby

Location

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1541 Lower English Creek Rd, Newport$1,225,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingSide/Rear Entry, Main Level
Year Built1994
HeatingCentral, Propane
CoolingCentral Air
WaterfrontCreek, Water Access
FireplaceOther, Stone
MLS #1239538
Lot Size4.00 Acres
StatusActive

About 1541 Lower English Creek Rd

With proven rental history of $124k in 2023 and with it on pace to produce $160k in 2024, this conveniently located property near local attractions, hiking trails, white water rafting, and more is the perfect investment property for you. The English Creek Hideaway is not just a multi-structure property; it's an investment in your future. This unique property offers a blend of rustic charm and modern comfort, presenting an unparalleled opportunity for short-term rental income. Situated along the serene banks of a year around 1168 ft creek, this property is more than a home; it's an experience waiting to be shared. Immerse yourself in the glamping phenomenon with a collection of 6 thoughtfully designed units that redefine the art of camping. Each glamping unit is a cozy retreat, meticulously crafted to provide comfort without compromising on the authentic outdoor experience. From luxurious A-frame structures to charming chalets, guests can reconnect with nature while enjoying modern amenities. These glamping units are a magnet for adventure seekers or those looking for romantic getaways, offering a unique alternative to traditional lodging options. Each chalet offers private showers, saunas, tubs, and courtyards. The main house, a beautifully updated 3 bedroom and 2 bath space with 1,232 sq ft, can be used as another rental unit or a mainstay home for an owner who would like to live onsite while managing the property. There is a community barn that offers guests a cozy place to play games, grill out, commune, or even host a wedding. This property is truly One Of A Kind, and with all the engineering and with the multiple septic systems already in place, it is turn key and positioned for continued success. It is a MUST SEE. Bring your visions and dreams to life on this already well established income producing property. Call your agent and schedule a showing today. English Creek Hideaway is on pace to produce over $160,000.00 in income for 2024. OWNER FINANCING AVAILABLE!!

Property Details

Property Features

Property Information:

  • Architectural Style: Other, Double Wide, A-Frame, Chalet
  • Year Built: 1994
  • Living Area: 2,092 SqFt

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (888) 519-5113

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Refrigerator, Microwave, Washer
  • Basement: No
  • Flooring Type: Laminate, Carpet, Vinyl
  • Interior: Walk-In Closet(s)
  • Fireplace: Other, Stone

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Creek, Water Access
  • Exterior: Fence - Wood, Fenced - Yard, Porch - Covered, Deck

Parking Information:

  • Attached Garage: No
  • Parking: Side/Rear Entry, Main Level

Lot Features

Lot Information:

  • Lot: Creek, Private, Corner Lot
  • Lot Size: 4.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Propane
  • Cooling: Central Air

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: From I-40 Exit 435 take Hwy 321 South towards Gatlinburg. Turn Left onto Cosby Cut-off Rd (Acrosss from Bojanagles. Turn Left on Morrell Springs Rd. Turn Right onto Green Acres Dr and then stay left onto Lower English Creek Rd. Property will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,225,000
  • Price Per SqFt: $586/SqFt

Tax Information:

  • Annual Amount: $416
  • Tax Year: 2020
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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

$147

Avg. Days On Market

18

# of Sold Homes

7

1541 Lower English Creek Rd vs Newport

245 DAYS ON ROCKET

+227 Days

$1,225,000

+$1.0M More

$586/SqFt

+$439 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $439/SqFt more than other homes in Newport, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1239538

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (888) 519-5113

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: 5/16/2024, 1:20:42 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 14, 2021Home Sold
$190,000
Jul 10, 2008Home Sold
$123,000

Tax History

YEARPROP. TAXASSESSMENT
2020$416$16,200
2019$484$17,100
2018$484$17,100
2017$442$17,100

History based on county public records data.

Payment Calculator

$6,181

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,739

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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.

Middle School

school-card-donut-2334081
5
/10

  • Cosby Elementary School

  • 3320 Cosby Hwy

  • 5.83 miles

  • Public District Grades KG-8

High School

school-card-donut-2334082
4
/10

  • Cosby High School

  • 3318 Cosby Hwy

  • 5.78 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 $41,600. The most common annual income of people living in Newport, TN is between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1541 Lower English Creek Rd

What is the listing price of this property?

The listing price of 1541 Lower English Creek Rd property is $1,225,000.

What type of property is this?

The property 1541 Lower English Creek Rd is a house located in Newport, Tennessee, 37821.

Is this property for sale now?

Active Listing: 1541 Lower English Creek Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1541 Lower English Creek Rd are:
Cosby Elementary School: GreatSchools Rating 5/10
Cosby High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $416 (source: MLS/based on county public records data).

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

The last sale was on June 14, 2021 for $190,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1541 Lower English Creek Rd has 5 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 1541 Lower English Creek Rd is 2,092 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1541 Lower English Creek Rd is 1994.

Rocket Homes›Tennessee›Cocke County›Newport›37821›1541 Lower English Creek Rd

This home is located at 1541 Lower English Creek Rd in Newport, TN and zip code 37821. This 2,092 square foot home, which was built in 1994, sits on a 4.00 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since September 13, 2023 and is currently priced at $1,225,000.

Over 2 listings were sold over their listed price in April 2024 in Newport, TN. In the same period over 5 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in Newport, TN between March 2024 and April 2024 decreased by 12.5%. In April 2024, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $209,000.

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

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