$3,788 Closing Credit¹
#302525, Listing Office: Askew Realty Group
$315,500 List price
550 Summit Ridge Dr Newport, TN 37821
$3,747
Closing credit¹
4 beds
2 full
2,392 sqft
0.3 acres
$132 / sqft
House
Property details
About 550 Summit Ridge Dr
MOTIVATED SELLERS!!! This spacious 4-bedroom, 2-bath home offers 2,392 sq ft of living space, perfect for those who appreciate room to spread out. Situated within city limits, it is ideally located near shopping centers, The Greene Rack Restaurant, and hospitals, offering both convenience and easy access to essential amenities. Close to I-40 interstate exchange allowing the convenience to visit surrounding towns like Pigeon forge, Gatlinburg, Dandridge and Knoxville. A short drive to Douglas Lake enabling summertime enjoyment. Inside, the home features updates, including a brand-new HVAC system, refrigerator, and double ovens. The home features a walk-in shower on the main level, an extra room downstairs perfect for a home office. This home comes with a reverse osmosis system and whole-house water filter providing clean, purified water throughout. The backyard is fully fenced, offering privacy and a secure area. After a full day enjoy the evening on the side porch in a hot tub, whether you enjoy outdoor entertaining or simply relaxing in a peaceful setting, the backyard is an excellent feature. With ample space and a convenient location, this home blends comfort and practicality.
Highlights
Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingCentral Air, Heat Pump
Size2,392 sqft
BasementYes
Lot size0.32 Acres
Year built1962
MLS #305041
FireplaceGas Log
ViewMountain(s)
Summary
- MLS Number: 305041
- MLS Name: GreatSmokyMountains
- Office Name: Country Living Realty
- Office Phone: (423) 430-9012
Copyright Great Smoky Mountains Association of REALTORS ® & MLS. All rights reserved. Information is deemed reliable but not guaranteed. The information being provided is 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 2:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$315,500
550 Summit Ridge Dr
$3,747
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 06, 2022 | Home Sold | $180,000 |
| Sep 28, 2021 | Home Sold | $155,000 |
| Feb 13, 2018 | Home Sold | $109,900 |
| Feb 06, 2002 | Home Sold | $52,000 |
| Mar 29, 2001 | Home Sold | $52,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $27,275 | $- |
| 2022 | $27,275 | $1,358 |
| 2021 | $27,275 | $1,358 |
| 2020 | $27,275 | $700 |
| 2019 | $24,300 | $1,329 |
| 2018 | $24,300 | $1,329 |
| 2017 | $24,300 | $1,331 |
History based on county public records data.
Nearby schools
6
Dandridge Elementary School
Public District PK-5
14.5 mi
•780 Highway 92 S
4
McDonald Elementary School
Public District PK-5
15.0 mi
•8120 McDonald Rd
6
Witt Elementary School
Public District PK-5
15.1 mi
•4650 S Davy Crockett Pkwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,008. Residents of Newport, TN typically earn less than $<35k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
64%
<35k
27%
35k-100k
7%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
39%
Single, No Kids
19%
Single, with Kids
27%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
9%
12-17 yrs old
18%
18-34 yrs old
42%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Pro Wrestling
Extreme Sports
Where do the neighbors shop?
Kmart
Wal-Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Bob Evans
Sonic
Little Caesars
What do the neighbors drive?
Buick
Oldsmobile
Chevrolet
What do the neighbors listen to?
Oldies- Contemporary Inspirational
Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 550 Summit Ridge Dr
This home is located at 550 Summit Ridge Dr in Newport, TN and zip code 37821. This 2,392 square foot home, which was built in 1962, sits on a 0.32 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 25, 2025 and is currently priced at $315,500.
While more than 1 listings in Newport, TN in February 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 6 were sold below. The number of homes for sale in Newport, TN increased by 20.6% between January and February 2025. In February 2025 median list price was $249,950 and the average listing age was 166 days.
From Rocket Homes Real Estate and based on county public records data.