#306790, Listing office: Askew Realty Group
Property details
About 560 Rack Ln
THIS CHARMING RANCHER HAS MANY POSSIBILITIES FOR THE FIRST TIME HOMEOWNER OR IF YOU NEED EXTRA ROOM THIS IS FOR YOU. HOME FEATURES 4 BEDROOM, 2 BATH. ON THE MAIN LEVEL YOU HAVE 3 BEDROOMS AND 1 FULL BATH. DOWNSTAIRS YOU HAVE ANOTHER BEDROOM WITH A FULL BATH AND LIVING ROOM. YOU WILL LOVE THE UNFINISHED AREA THAT CAN BE USED FOR A GARAGE OR WORKSHOP AREA. THE DETACHED GARAGE/WORKSHOP IS 576 SQFT WITH ELECTRIC, HAS THE PLUMBING FOR A BATHROOM ONE HAS NOT BEEN INSTALLED AND WATER IS RAN TO THE GARAGE. THE ELECTRIC IS A 440 WIRED FOR WELDING. LOTS OF POSSIBILITIES. GREAT LOCATION LOCATED IN THE CITY LIMITS BUT ON A DEAD END STREET. ONLY A SHORT DRIVE TO GATLINBURG. LET'S GO SEE IT BEFORE IT'S TOO LATE!
Highlights
Home typeSingle Family Residence
HeatingHeat Pump, Wood Stove
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size2,908 sqft
BasementYes
Lot size0.87 Acres
Year built1980
ParkingAttached
MLS #307628
Garage2 spaces
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Gas Cooktop, Refrigerator
- Basement: Yes
- Flooring Type: Hardwood, Vinyl, Tile
- Interior: Kitchen Island, Walk-In Closet(s)
- Total Bedroom Count: 6
- Garage Space: 2 spaces
- Parking: Attached
- Architectural Style: Ranch
- Heating: Heat Pump, Wood Stove
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $499,000
- Price/SqFt: $171
- Annual Tax Amount: $1,905
- Tax Year: 2023
- Lot: Level, Cleared
- Directions: TAKE MORREL SPRINGS RD THEN RT ON RACK LN HOME AT THE TOP OF THE HILL. SEE SIGN. GPS FRIENDLY
- Year Built: 1980
- Stories: 1
- Living Area: 2,908 SqFt
- Lot Size: 0.87 Acres
- MLS Number: 307628
- MLS Name: GreatSmokyMountains
- Office Name: Askew Realty Group
- Office Phone: (423) 237-3779
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: 7/31/2025, 11:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 30, 2021 | Home Sold | $150,000 |
| Sep 10, 2002 | Home Sold | $95,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $38,325 | $1,905 |
| 2022 | $38,550 | $1,919 |
| 2021 | $38,550 | $1,919 |
| 2020 | $38,550 | $1,919 |
| 2019 | $33,900 | $1,853 |
| 2018 | $33,900 | $1,853 |
| 2017 | $33,900 | $1,856 |
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
15.0 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. The majority of Newport, TN residents have income less than $<35k annually. 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 560 Rack Ln
The listing price of 560 Rack Ln property is $499,000.
The property 560 Rack Ln is a house located in Newport, Tennessee, 37821.
Active Listing: 560 Rack Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 560 Rack Ln are: Dandridge Elementary School (GreatSchools Rating 6/10), McDonald Elementary School (GreatSchools Rating 4/10), Witt Elementary School (GreatSchools Rating 6/10), Newport Grammar School (GreatSchools Rating 8/10), Northwest Elementary School (GreatSchools Rating 3/10), Bridgeport Elementary School (GreatSchools Rating 6/10), Cocke County High School (GreatSchools Rating 4/10), Cosby High School (GreatSchools Rating 4/10), Jefferson County High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $1,905 (source: MLS/based on county public records data).
The last sale was on March 30, 2021 for $150,000 (source: MLS/tax record).
The property at 560 Rack Ln has 6 bedrooms and 2 bathrooms.
The property 560 Rack Ln is 2,908 SqFt (source: MLS/tax record).
The year of construction for 560 Rack Ln is 1980.
This home is located at 560 Rack Ln in Newport, TN and zip code 37821. This 2,908 square foot home, which was built in 1980, sits on a 0.87 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 31, 2025 and is currently priced at $499,000.
In June 2025, from all listings sold in Newport, TN there were more than 4 sold above asking price, over 12 sold below and more than 2 were sold right at the asked price. In June 2025 in Newport, TN there were 8% less homes for sale than in May. In June 2025 median list price was $265,000 and the average listing age was 37 days.
From Rocket Homes Real Estate and based on county public records data.