722 Melrose Way
Newport, TN 37821
3 bd 2 ba 1,590 sqft Built 1990 Lot 10,019 sqft single_family
Most recent sale
$185,000
Jul 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 9, 2024 | Sold | $225,000 | EastTennessee |
| Jul 8, 2022 | Sold | $185,000 | MLS #1192594 |
| May 24, 2022 | Listed | $185,000 | MLS #9938321 |
Tax assessment history
No tax assessment data
No assessment history available for this parcel.
Property facts
Year built
1990
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,590 sqft
Lot size
10,019 sqft
ZIP code
37821
City
Newport
Street
Melrose Way
Coordinates
35.97315, -83.17132
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,110
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 722 Melrose Way last sell?
722 Melrose Way most recently sold on Jul 8, 2022 for $185,000.
What is the current tax assessment for 722 Melrose Way?
No tax-assessment history is recorded for this parcel.
When was 722 Melrose Way built?
722 Melrose Way was built in 1990.
How does 722 Melrose Way compare to others on Melrose Way?
We track 3 other properties on Melrose Way. Browse the list under "Other properties on Melrose Way" to compare beds, baths, and sale history.
What are the property facts for 722 Melrose Way?
722 Melrose Way is a 3 bed, 2 bath, 1,590 sqft, 10,019 sqft lot single_family.
Is 722 Melrose Way a flip candidate?
Yes — 722 Melrose Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 722 Melrose Way a tax-appeal candidate?
No — 722 Melrose Way 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
Explore nearby
Geography
Other properties on Melrose Way