550 Summit Ridge Dr
Newport, TN 37821
4 bd 2 ba 2,392 sqft Built 1962 Lot 13,939 sqft single_family
Most recent sale
$180,000
Sep 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 26, 2025 | Sold | $275,000 | GreatSmokyMtns |
| Aug 29, 2025 | Price changed | $275,000 | MyStateMLS |
| Jul 16, 2025 | Price changed | $299,000 | MyStateMLS |
| Jun 3, 2025 | Price changed | $299,500 | MyStateMLS |
| May 13, 2025 | Price changed | $305,500 | MyStateMLS |
| Apr 7, 2025 | Price changed | $310,500 | MyStateMLS |
| Mar 8, 2025 | Price changed | $315,500 | MyStateMLS |
| Mar 7, 2025 | Price changed | $315,500 | TNVARegionalMLS |
| Feb 14, 2025 | Listed | $319,900 | MyStateMLS |
| Jan 24, 2025 | Price changed | $320,000 | EastTennessee |
| Nov 23, 2024 | Price changed | $324,900 | EastTennessee |
| Nov 11, 2024 | Price changed | $334,900 | EastTennessee |
| Aug 25, 2024 | Price changed | $335,000 | EastTennessee |
| Aug 12, 2024 | Price changed | $365,000 | EastTennessee |
| Aug 2, 2024 | Listed | $375,000 | EastTennessee |
| Sep 6, 2022 | Sold | $180,000 | Public Record |
| Aug 31, 2022 | Sold | $180,000 | GreatSmokyMtns |
| Jul 13, 2022 | Price changed | $185,000 | MLS #250237 |
| Jun 24, 2022 | Price changed | $189,000 | MLS #250237 |
| Jun 15, 2022 | Listed | $199,000 | MLS #250237 |
| Sep 24, 2021 | Sold | $155,000 | MLS #1161602 |
| Jul 26, 2021 | Listed | $144,900 | MLS #1161602 |
| Feb 13, 2018 | Sold | $109,900 | Public Record |
| Feb 9, 2018 | Sold | $109,900 | GreatSmokyMtns |
| Aug 10, 2017 | Listed | $109,900 | MLS #1012871 |
| Aug 9, 2017 | Listed | $109,900 | MLS #211534 |
| Mar 29, 2001 | Sold | $52,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $27,275 | $1,358 |
| 2019 | — | — | $24,300 | $1,329 |
| 2018 | — | — | $24,300 | $1,329 |
| 2017 | — | — | $24,300 | $1,407 |
| 2016 | — | — | $24,300 | $1,331 |
| 2015 | — | — | $24,300 | $1,331 |
| 2014 | — | — | $25,650 | $1,064 |
| 2013 | — | — | $25,650 | $1,064 |
| 2012 | — | — | $25,650 | $1,064 |
| 2011 | — | — | $25,650 | $526 |
| 2010 | — | — | $25,650 | $974 |
| 2009 | — | — | $22,000 | $995 |
| 2008 | — | — | $22,000 | $995 |
Property facts
Year built
1962
Property type
single_family
Stories
—
Beds
4
Baths
2
Living area
2,392 sqft
Lot size
13,939 sqft
ZIP code
37821
City
Newport
Street
Summit Ridge Dr
Coordinates
35.95299, -83.18745
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,080
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 550 Summit Ridge Dr last sell?
550 Summit Ridge Dr most recently sold on Sep 6, 2022 for $180,000.
What is the current tax assessment for 550 Summit Ridge Dr?
The most recent total assessment for 550 Summit Ridge Dr (year 2020) is $27,275 with $1,358 in property tax.
How does 550 Summit Ridge Dr's assessment compare to its last sale price?
The current assessment is 84.8% below the last sale price of $180,000.
When was 550 Summit Ridge Dr built?
550 Summit Ridge Dr was built in 1962.
How does 550 Summit Ridge Dr compare to others on Summit Ridge Dr?
We track 1 other property on Summit Ridge Dr. Browse the list under "Other properties on Summit Ridge Dr" to compare beds, baths, and sale history.
What are the property facts for 550 Summit Ridge Dr?
550 Summit Ridge Dr is a 4 bed, 2 bath, 2,392 sqft, 13,939 sqft lot single_family.
Is 550 Summit Ridge Dr a flip candidate?
No — 550 Summit Ridge Dr does not appear in our flips dataset.
Is 550 Summit Ridge Dr a tax-appeal candidate?
No — 550 Summit Ridge Dr 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 Summit Ridge Dr