8 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

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

Listing Office:

  • Office Name: The Real Estate Firm, Inc.
  • Office Phone: (865) 770-4030

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Self Cleaning Oven, 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

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.

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Cosby, TN

City

Med. Sold Price

$260K

Med. Price/SqFt

$216

Avg. Days On Market

20

# of Sold Homes

2

1196 Iris Way vs Cosby

268 DAYS ON ROCKET

+248 Days

$540,000

+$280K More

$201/SqFt

-$16 Less

KEY TAKEAWAY

This property is $280K 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

Listing Office:

  • Office Name: The Real Estate Firm, Inc.
  • Office Phone: (865) 770-4030

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: 11/14/2024, 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

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.

Nearby Schools

school-card-donut-323628
5
/10

  • Catons Chapel Elementary School

  • 3135 Catons Chapel Rd

  • 9.81 miles

  • Public District Grades PK-6

school-card-donut-323629
5
/10

  • Pittman Center Elementary School

  • 2455 E Parkway

  • 10.36 miles

  • Public District Grades PK-6

school-card-donut-323630
6
/10

  • Dandridge Elementary School

  • 780 Highway 92 S

  • 13.68 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 $38,239. Most Cosby, TN residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents 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 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 Homes›Tennessee›Cocke County›Cosby›37722›1196 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.

In October 2024 more than 1 listings in Cosby, TN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 0 were sold below. Between September 2024 and October 2024, Cosby, TN real estate market has seen decrease in the number of listings by 5.6%. Listings spent 20 days on the market in October 2024, and had a median list price of $260,000 during the same period.

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

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