875 Banks Rd
Newport, TN 37821
2 bd 1 ba 924 sqft Built 2001 Lot 325,393 sqft mobile
Most recent sale
$50,000
May 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 16, 2022 | Sold | $50,000 | MLS #1177143 |
| Jan 25, 2022 | Price changed | $76,900 | MLS #9932493 |
| Jan 18, 2022 | Price changed | $76,909 | MLS #1177143 |
| Jan 17, 2022 | Price changed | $76,990 | MLS #9932493 |
| Jan 11, 2022 | Price changed | $76,990 | MLS #1177143 |
| Jan 11, 2022 | Listed | $76,999 | MLS #9932493 |
| Jan 4, 2022 | Listed | $76,999 | MLS #1177143 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $15,600 | $234 |
| 2024 | — | — | $15,600 | $348 |
| 2023 | — | — | $13,575 | $348 |
| 2021 | — | — | $13,575 | $348 |
| 2020 | — | — | $13,575 | $348 |
| 2019 | — | — | $7,675 | $217 |
| 2018 | — | — | $7,675 | $217 |
| 2017 | — | — | $7,675 | $223 |
| 2016 | — | — | $7,675 | $199 |
| 2015 | — | — | $7,675 | $199 |
| 2014 | — | — | $10,475 | $251 |
| 2013 | — | — | $10,475 | $251 |
| 2012 | — | — | $10,475 | $251 |
| 2011 | — | — | $10,475 | $215 |
| 2010 | — | — | $10,475 | $215 |
| 2009 | — | — | $6,975 | $173 |
| 2008 | — | — | $6,975 | $173 |
| 2007 | — | — | $5,675 | $141 |
Property facts
Year built
2001
Property type
mobile
Stories
—
Beds
2
Baths
1
Living area
924 sqft
Lot size
325,393 sqft
ZIP code
37821
City
Newport
Street
Banks Rd
Coordinates
35.88768, -83.17454
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 875 Banks Rd last sell?
875 Banks Rd most recently sold on May 16, 2022 for $50,000.
What is the current tax assessment for 875 Banks Rd?
The most recent total assessment for 875 Banks Rd (year 2025) is $15,600 with $234 in property tax.
How does 875 Banks Rd's assessment compare to its last sale price?
The current assessment is 68.8% below the last sale price of $50,000.
When was 875 Banks Rd built?
875 Banks Rd was built in 2001.
How does 875 Banks Rd compare to others on Banks Rd?
We do not currently track other properties on Banks Rd.
What are the property facts for 875 Banks Rd?
875 Banks Rd is a 2 bed, 1 bath, 924 sqft, 325,393 sqft lot mobile.
Is 875 Banks Rd a flip candidate?
No — 875 Banks Rd does not appear in our flips dataset.
Is 875 Banks Rd a tax-appeal candidate?
No — 875 Banks Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.1%
Implied 1-yr
+4.4%
2026 Q3
$265K
2026 Q4
$267.7K
ZIP 37821 — Median Price History + Forecast
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Geography