13 days on rocket

Sale Pending

868 Morrell Springs Rd, Newport, TN, 37821

$400,000

Home List Price

$4,750*

Closing Credit

3 Bedrooms
2 Full Baths
2,600 SqFt
$154/SqFt
House
Schools Nearby

Location

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868 Morrell Springs Rd, Newport$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Other
Garage1 space
Year Built2015
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceNone
ViewMountain(s)
MLS #1260105
Lot Size5.49 Acres
StatusSale Pending
(Pending - Continue to Show)

About 868 Morrell Springs Rd

Beautiful mini-farm with 5.49 acres of gently rolling pasture. Located within Newport's city limits, and a short drive to I-40. The main level living area features 3 bedrooms and 2 full baths. The master suite includes two vanities, walk-in closets, a soaking tub, and a step-in shower. There is 1400 sq ft of finished living space on the main level and 1200 sq ft of heated and cooled partially finished space in the basement providing potential for additional bedrooms or living spaces, plus a 1-car down-garage and covered front porch. Additionally, a large pole barn on the property is equipped with electricity and water. This property offers the perfect blend of rural tranquility and urban convenience, with easy access to the interstate less than 5 minutes away. Bedroom curtains do not convey. Some photos were captured by drone.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2015
  • Living Area: 2,600 SqFt

Listing Office:

  • Office Name: ReMax First
  • Office Phone: (865) 981-1004

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave
  • Basement: Yes
  • Flooring Type: Laminate, Hardwood, Tile
  • Interior: Island in Kitchen, Pantry, Walk-In Closet(s), Eat-in Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Windows - Vinyl, Porch - Covered

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Garage Door Opener, Other

Lot Features

Lot Information:

  • Lot: Level, Rolling/Hilly
  • Lot Size: 5.49 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Newport Grammar School, Public District Grades PK-8

Other

Directions Information:

  • Directions: From Interstate 81, take exit 1A for I-40E toward Asheville. Take exit 435 for Newport/Gatlinburg and turn left onto TN-32 toward Newport. Then, take the next right onto Heritage Blvd. At the stop sign, the driveway is straight across the street. First house on the left. SOP

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $154/SqFt
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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

868 Morrell Springs Rd vs Newport

13 DAYS ON ROCKET

-5 Days

$400,000

+$191K More

$154/SqFt

+$7 More

KEY TAKEAWAY

This property is $191K more than the Median Sold Price and $7/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: #1260105

Listing Office:

  • Office Name: ReMax First
  • Office Phone: (865) 981-1004

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: 5/4/2024, 9:20:40 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

Jul 01, 2021Home Sold
$540,000
Mar 20, 2018Home Sold
$190,000

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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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-5863946
8
/10

  • Newport Grammar School

  • 301 College St

  • 1.57 miles

  • Public District Grades PK-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,008. Most Newport, TN residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 868 Morrell Springs Rd

What is the listing price of this property?

The listing price of 868 Morrell Springs Rd property is $400,000.

What type of property is this?

The property 868 Morrell Springs Rd is a house located in Newport, Tennessee, 37821.

Is this property for sale now?

Sale Pending: 868 Morrell Springs 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 868 Morrell Springs Rd are:
Newport Grammar School: GreatSchools Rating 8/10

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

The last sale was on July 1, 2021 for $540,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 868 Morrell Springs Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 868 Morrell Springs Rd is 2,600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 868 Morrell Springs Rd is 2015.

Rocket Homes›Tennessee›Cocke County›Newport›37821›868 Morrell Springs Rd

This home is located at 868 Morrell Springs Rd in Newport, TN and zip code 37821. This 2,600 square foot home, which was built in 2015, sits on a 5.49 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 21, 2024 and is currently priced at $400,000.

Newport, TN housing market in April 2024 saw over 2 listings sold above listed price, more than 0 sold at listed price and over 5 sold below. Between March 2024 and April 2024, Newport, TN real estate market has seen decrease in the number of listings 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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