5 months on rocket

1048 Farm Rd, Newport, TN, 37821

$525,000

Home List Price

$6,234*

Closing Credit

3 Bedrooms
3 Full Baths
2,870 SqFt
$183/SqFt
House

Location

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1048 Farm Rd, Newport$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingOther
Garage2 spaces
Year Built2024
HeatingCentral, Heat Pump, Electric
CoolingCentral Air
BasementYes
FireplaceOther, Ventless
ViewMountain(s)
MLS #1263747
Lot Size1.32 Acres
StatusActive

About 1048 Farm Rd

COME SEE THIS NEW CONSTRUCTION HOME. IT HAS THREE BEDROOMS-THREE AND THREE FULL BATHS. EAT IN KITCHEN-- LARGE FAMILY ROOM, MUD ROOM COMING IN FROM THE TWO CAR GARAGE. MOUNTAIN VIEWS ARE ABUNDANT --LOOKING OUT THE REAR OF HOME OR STANDING ON EITHER THE TOP DECK OR EXPANSIVE LOWER DECK.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Living Area: 2,870 SqFt

Listing Office:

  • Office Name: Weichert REALTORS- Tiger Real Estate
  • Office Phone: (865) 940-1430

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Basement: Yes
  • Flooring Type: Vinyl
  • Interior: Island in Kitchen, Pantry, Walk-In Closet(s), Wet Bar, Eat-in Kitchen
  • Fireplace: Other, Ventless

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Other

Lot Features

Lot Information:

  • Lot Size: 1.32 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: take the TN-73 exit, EXIT 440, toward US-321/Wilton Springs Rd/Gatlinburg. Turn left onto Highway 73/TN- 73. Turn right onto Edwina Bridgeport Rd. Turn right onto Farm Rd. 1048 Farm Rd will be on your right. See Sign Latitude: 35.967041 Longitude: -83.187658

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $183/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

$240K

Med. Price/SqFt

$168

Avg. Days On Market

40

# of Sold Homes

7

1048 Farm Rd vs Newport

175 DAYS ON ROCKET

+135 Days

$525,000

+$285K More

$183/SqFt

+$14 More

KEY TAKEAWAY

This property is $285K more than the Median Sold Price and $14/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: #1263747

Listing Office:

  • Office Name: Weichert REALTORS- Tiger Real Estate
  • Office Phone: (865) 940-1430

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: 11/13/2024, 11:50:55 PM 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.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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.

Nearby Schools

school-card-donut-90338
5
/10

  • Nolachuckey Elementary School

  • 565 Nolichuckey Rd

  • 14.95 miles

  • Public District Grades PK-5

school-card-donut-90339
4
/10

  • McDonald Elementary School

  • 8120 McDonald Rd

  • 17.27 miles

  • Public District Grades PK-5

school-card-donut-90340
6
/10

  • Dandridge Elementary School

  • 780 Highway 92 S

  • 17.28 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,587. Most Newport, TN residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. 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 1048 Farm Rd

What is the listing price of this property?

The listing price of 1048 Farm Rd property is $525,000.

What type of property is this?

The property 1048 Farm Rd is a house located in Newport, Tennessee, 37821.

Is this property for sale now?

Active Listing: 1048 Farm Rd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1048 Farm Rd has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1048 Farm Rd is 2,870 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1048 Farm Rd is 2024.

Rocket Homes›Tennessee›Cocke County›Newport›37821›1048 Farm Rd

This home is located at 1048 Farm Rd in Newport, TN and zip code 37821. This 2,870 square foot home, which was built in 2024, sits on a 1.32 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 23, 2024 and is currently priced at $525,000.

While more than 1 listings in Newport, TN in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 4 were sold below. In October 2024 in Newport, TN there were 18.3% less homes for sale than in September 2024. In October 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $240,000.

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

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