1426 Mountain Ranch Road Rd, Newport, TN 37821
$489,500
Property Type:
Multi-Family
Status:
Closed
Current Price:
$489,500
List Date:
11/13/2015
Last Modified:
9/28/2021
Overview
Description
This property is being sold at absolute auction Thursday, December 10th at 12 noon. Two story building with 8 apartments, separate office building with open reception area, stone fireplace, office, 2 1/2 baths. All situated on 9.41 acres. A resort like setting with paved walking trail, drive and parking areas. Each unit has refrigerator,stove, dishwasher, central heat and air. rent ranges from $550 to $700 a month with a potential income of $65,000 annually.
Listing Details MLS# 946182
Location Tax Legal Info
- House #
- 1426
- Street Name
- Mountain Ranch Road
- St Suffix
- Rd
- State/Province
- TN
- Zip Code
- 37821
- PIN #
- 10.05
Contract Info
- Auction Y/N
- Yes
General Property Description
- Lot Dimensions
- 509x769x481xirr
- Number of Units
- 9
- Year Built
- 1987
- Property Status
- N/A
- Restrictions
- Yes
- Driveway
- paved
- Utilities/Mo Avg
- 0
Status Change Info
- Status Change Date
- 2016-02-09
- Under Contract Date
- 2015-12-10
- Sold Date
- 2015-12-10
Auction
- Bidder Must Qualify
- Yes
- Buyers Premium
- Yes
- Buyers Premium %
- 10
- Remote Bidding
- Yes
- Real Estate Only
- Yes
- RE & Personal Prop
- No
- Auction Date
- 2015-12-10
- Auction Location
- onsite
- Auction Time
- 12:00 pm
- Open for Inspection Date
- 2015-12-10
Roof
- Roof Info
- shingles
More Information
Location, Tax & Legal Info
- Area
- Cocke County - 39
- City/County Code
- County
- Elementary School
- Newport
- Total Tax
- 3420
Remarks & Misc
- Directions
- Interstate I-40 Exit 435 go right onto Cosby Hwy, at traffic light in front of Bojangles, turn left onto Cosby Cut-Off Road, then left onto Morrell Springs Road, then right on Green Acres Drive, bear right at the Y then right on Mountain Ranch Road. Go 1.1 miles to auction site.
- Public Remarks
- This property is being sold at absolute auction Thursday, December 10th at 12 noon. Two story building with 8 apartments, separate office building with open reception area, stone fireplace, office, 2 1/2 baths. All situated on 9.41 acres. A resort like setting with paved walking trail, drive and parking areas. Each unit has refrigerator,stove, dishwasher, central heat and air. rent ranges from $550 to $700 a month with a potential income of $65,000 annually.
Property Sub-Type
- Other
- Yes
Construction
- Frame - Brick
- Yes
Type of Units
- 2 Bedroom Unit
- Yes
- 3 or more Bdrm Units
- Yes
Sale Includes
- Building and Land
- Yes
Cooling
- Central Cooling
- Yes
Floors
- Carpet
- Yes
- Vinyl
- Yes
Garage/Parking
- Garage Spaces
- 1
- Detached
- Yes
Fuel
- None
- Yes
Heat
- Central
- Yes
Appliances
- Range
- Yes
- Refrigerator
- Yes
Other Rooms
- Other
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
Property Features
Property Sub-Type:
Other
Type of Units:
2 Bedroom Unit; 3 or more Bdrm Units
Sale Includes:
Building and Land
Floors:
Carpet; Vinyl
Fuel:
None
Heat:
Central
Cooling:
Central Cooling
Appliances:
Range; Refrigerator
Construction:
Frame - Brick
Other Rooms:
Other
New Financing:
Cash; Conventional
Listing Office:
Broyles Real Estate & Auction
IDX
Office Phone: 423-586-6103
Last Updated: September - 28 - 2021
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use,
it may not be used for any purpose other than to identify prospective properties
consumers may be interested in purchasing, and that the data is deemed reliable but
is not guaranteed accurate by the MLS. This information is updated weekly, 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.
