2480 Elk Way

Newport, TN
$ 675,000 Beds 3 Baths 4 Sq 2,544
Monthly Estimate* How much can I afford?

INVESTMENT OPPORTUNITY! This listing is for 2480, 2481, 2482 Elk Way: Three separate properties being sold as one. First is the main house featuring 3 bedrooms, 4 full baths and a bonus space! The large kitchen opens to the family room with vaulted ceilings and a stone, wood burning fireplace. Second property is a 3 townhouse unit and third property is a 3 apartment unit, both producing positive rental income with current leases. A total of 3 acres located in close proximity to the Smoky Mountains. Now is your chance to own hard to find property generating income! See MLS # 1109858 and 1109320

  • Price
  • $ 675,000
  • Lot Size
  • 3 Acres
  • Bedrooms
  • 3
  • Sqr Footage
  • 2,544
  • Full Bathrooms
  • 4
  • Year Built
  • 1984
  • Half Bathrooms
  • 0
  • City, Zip
  • Newport
  • Taxes
  • 1734
  • County
  • COCKE
  • Style
  • Traditional
  • Area
  • Cocke County
  • MLS#
  • 1091843
  • Zip
  • 37821
Listing Provided by: Keller Williams Realty

Features

General

Appliances Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Security Alarm, Smoke Detector, Washer
Area Cocke County - 39
Atchd/Dtchd Type Detached
Auction Y/n No
Construction Block, Frame
Cooling Ceiling Fan, Central Cooling
Exterior Features Deck, Doors - Storm, Fence - Chain, Porch - Covered, Windows - Insulated, Windows - Vinyl
Full Baths 4
Garage Features 2 Car Garage, Attached, Designated Parking, Garage Door Opener, Main Level
HOA No
Heating Central
High School Cosby
Middle School Cosby
Misc Features Cathedral Ceiling, Island in Kitchen, Walk-in Closets, Walk-in Shower, Washer/Dryer Connect, Whirlpool Tub
New Financing Cash, Conventional, FHA, USDA/Rural, VA Loan
PUD Y/N No
Property Status N/A
Property SubType Residential
Property Type A
Remarks INVESTMENT OPPORTUNITY! This listing is for 2480, 2481, 2482 Elk Way: Three separate properties being sold as one. First is the main house featuring 3 bedrooms
Restrictions Yes
Style Traditional
Type 1 1/2 Story
View Mountain View
Year Built 1984

Interior Features

Basement No
Bonus Room Yes
Dining Area Formal Dining Area
Fireplace Yes
Floors Carpet, Tile
Fuel Electric
Number of Fireplaces 1.00
Number of Rooms 7
Other Rooms Extra Storage, Family Room, Mstr Bdrm Main Level
Total Bedrooms 3

Exterior Features

Acres 3.00
Extra Storage Yes
Lot Description Irregular
Siding Wood

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Dandridge, TN office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/21/2019 Listed $699,000
6/10/2020 4% - $675,000

Property vs Zip Code Average in 37821

Price
AVG $340K
$680K
Taxes
AVG $1,686
$1,734
Visits
AVG 20
28
Year Built
AVG 1969
1984

Map

Areas That We Cover

2480 Elk Way Newport, TN is a Single Family Home for sale at $675000 with 2544 sqft and a lot size of 3 Acres Acre(s). 2480 Elk Way Newport has 3 bedrooms, 4 baths and was built in 1984. The property's zip code is 37821 which is in Newport, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.