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Sold for $225,000
  • $225,000

    518 Fairfield Dr, Newport, TN 37821

    3beds
    1,025sqft
    Single Family Residence, Residential
    Built in 1974
    0.45 Acres Lot
    $226,500 Zestimate®
    $220/sqft
    $1,515 Estimated rent

    Home value

    $226,500

    Estimated sales range

    Not available

    $1,515/mo

    Zestimate® history
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    What's special

    Freshly painted wallsBrand-new kitchenModern flooring
    518 Fairfield Drive, Newport, TN - Wood Acres Subdivision Welcome to your new beginning at 518 Fairfield Drive! Nestled in the highly desirable Wood Acres subdivision, this beautifully renovated home combines comfort, style, and convenience at an unbeatable value. Recently refreshed after Helene, every inch of this house shines with care and quality—from the brand-new kitchen and modern flooring to freshly painted walls and updated windows that bathe every room in natural light. Enjoy cooking and entertaining in your upgraded kitchen featuring all new finishes and an open layout perfect for gatherings. Step into a bright and welcoming living space designed for relaxation, while the spacious bedrooms offer the perfect retreat after a long day. Situated just minutes from downtown Newport, you're within easy reach of local shops, schools, and restaurants. Outdoor enthusiasts will love the short drive to Douglas Lake, the Great Smoky Mountains, and I-40 for quick access to Gatlinburg, Sevierville, and Knoxville. This move-in-ready home offers modern updates, a great neighborhood, and a location that puts you close to everything East Tennessee has to offer — and at this price, it won't last long! Schedule your showing today and see why 518 Fairfield Drive is the one you've been waiting for.

    Zillow last checked:

    Listing updated:

    Listed by:

    Benson Bryant 865-940-1303,

    Jackson Real Estate & Auction

    Bought with:

    Non Member

    Non Member - Sales

    Source: Lakeway Area AOR,MLS#: 710374MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 3
    • Main level bedrooms: 1
    Heating
    • Central, Electric, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Laundry: Laundry Room
    Features
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Metal
    Interior area
    • Total interior livable area: 1,025 sqft
    • Finished area above ground: 1,025
    • Finished area below ground: 0

    Property

    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.45 Acres
    • Dimensions: 100 x 200
    • Features: City Lot, Garden, Level, Rolling Slope
    Details
    • Parcel number: 056N B 01100 000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence, Residential
    Materials
    • Brick
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1974
    • Major remodel year: 1974

    Utilities & green energy

    • Electric: 220 Volts in Laundry
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Wood Acres
    HOA
    • Has HOA: No
    Location
    • Region: Newport

    Financial & listing details

    • Price per square foot: $220/sqft
    • Tax assessed value: $117,400
    • Annual tax amount: $440
    • Date on market: 2/25/2026

    Price history

    DateEventPrice
    4/15/2026Sold$225,000$220/sqft
    Source: Lakeway Area AOR #710374 Report a problem
    3/29/2026Pending sale$225,000$220/sqft
    Source: Lakeway Area AOR #710374 Report a problem
    2/25/2026Listed for sale$225,000$220/sqft
    Source: East Tennessee Realtors #1328934 Report a problem
    2/15/2026Pending sale$225,000$220/sqft
    Source: Lakeway Area AOR #710374 Report a problem
    2/10/2026Listed for sale$225,000$220/sqft
    Source: East Tennessee Realtors #1328934 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$440 -27.3%$29,350 +24.1%
    2024$605 $23,650
    2023$605 -0.2%$23,650
    2022$607 $23,650
    2021$607 $23,650
    2020$607 +13.9%$23,650 +25.6%
    2019$533 $18,825
    2018$533 0%$18,825
    2017$533 -2.4%$18,825
    2016$546 +9.5%$18,825
    2015$499 $18,825
    2014$499 $18,825 -9.4%
    2013$499 +17.1%$20,775 +0.1%
    2011$426 $20,763
    2010$426 $20,763
    2009-- $20,763 +16.3%
    2008$443 $17,858
    2007$443 +0.3%$17,858 +0.3%
    2006$442 $17,812
    2005$442 -21.5%$17,812
    2004$563 +27.4%$17,812 +27.4%
    2002$442 $13,978
    2001-- $13,978 -75%
    2000-- $55,911
    Find assessor info on the county website

    Neighborhood: 37821

    Nearby schools

    GreatSchools rating
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