4555 Redwood Road, Cosby, TN 37722

$1,600,000
Property Type: Residential Income Bedrooms: 6 Baths: 6 Square Footage: 3,990 Lot Size (sq. ft.): 1,477,120 Status: Closed
Current Price: $1,600,000 List Date: 5/23/2024 Last Modified: 9/10/2024

Description

Selling with confirmation 4555 Redwood Rd, Cosby, TN. Two historic buildings fully renovated and converted to overnight rentals located on 5ac. Building 1: ''The Post Office'' - Originally the community post office. Two levels approx. 2,750 SqFt (1680 sqft main level, 1,070 upper level.) Main level master suite with full bathroom. Half Bath located on main level. 2 bedrooms and 1 full bath on upper level. Fireplace and a covered front porch. Building 2: ''The General Store'' - The original community store. Tri-Level Building with 2 bed/1 Full bath on second level and a Loft style bedroom and half bath on 3rd level. Large Deck off of 2nd Level. Covered wrap around porch overlooking Caney Creek. Remote bidding available. *Under contract prior to auction; two buildings and acreage added for a total of 4 residential buildings and 33.91 acres.

More Information MLS# 300323

Location, Tax, and Legal

City/County: County New Construction YN: No Restrictive Covenants YN: Yes Zoning: Res Zoning Entity: Cocke county Parcel Number: pt 128 004.00 Tax Lot: NA Tax Annual Amount: 0 Tax Year: 2023

Contract Information

Auction YN: Yes Auction Date: 2024-04-27 Owner Name: Jones Listing Agreement: Exclusive Right To Sell Occupancy: Either Association YN: No Current Price: $1,600,000 Sold Price: $1,600,000 Status: Closed Listing Contract Date: 2024-04-09

General Property Information

Number Of Units Total: 4 Stories Total: 3 Lot Size Dimensions: irr Lot Size Acres: 33.91 Garage YN: No Bathrooms Half: 2 Garage Spaces: 0 Fireplace YN: Yes Bonus Room YN: No List Price/SqFt: 401 Sold Price/SqFt: 401 Living Area: 3990 Bedrooms Total: 6 Bathrooms Total: 6 Bathrooms Full: 4 Year Built: 1900

Remarks and Miscellaneous

Public Remarks: Selling with confirmation 4555 Redwood Rd, Cosby, TN. Two historic buildings fully renovated and converted to overnight rentals located on 5ac. Building 1: ''The Post Office'' - Originally the community post office. Two levels approx. 2,750 SqFt (1680 sqft main level, 1,070 upper level.) Main level master suite with full bathroom. Half Bath located on main level. 2 bedrooms and 1 full bath on upper level. Fireplace and a covered front porch. Building 2: ''The General Store'' - The original community store. Tri-Level Building with 2 bed/1 Full bath on second level and a Loft style bedroom and half bath on 3rd level. Large Deck off of 2nd Level. Covered wrap around porch overlooking Caney Creek. Remote bidding available. *Under contract prior to auction; two buildings and acreage added for a total of 4 residential buildings and 33.91 acres. Directions: From downtown Gatlinburg, travel towards Cosby on US 441 for 18.6 miles to right onto Hwy 32 for 1.7 miles. Turn slightly left toward Caney Creek Rd for 400 ft, then slight left onto Caney Creek. Go .4 mi, then sharp right on Redwood Way for 2/10ths mi to auction site. Follow signs.

Status Change Information

Status Change Timestamp: 2024-05-23 Buyer Financing: Cash Major Change Timestamp: 2024-05-23T18:40:37Z Major Change Type: Status Change Price Change Timestamp: 2024-05-01T17:54:13Z Purchase Contract Date: 2024-04-27 Close Date: 2024-05-22 Close Price: 1600000

Unit Details

# of 3-Bedroom Units: 2 Furnished: 1

Construction Materials

Frame: 1

Cooling

Central Air: 1

Current Use

Multi-Family: 1

Documents Available

Survey: 1

Fireplace Features

Fireplaces Total: 1

Frontage Type

See Remarks: 1

Heating

Central: 1

Listing Terms

Cash: 1

Lock Box Information

Call Listing Office: 1

Possession

Close Of Escrow: 1

Property Condition

Updated/Remodeled: 1

Showing Requirements

Appointment Only: 1 Call Listing Office: 1 Restricted Hours: 1 Showing Instructions: Preview April 14th and 21st, 2-5pm See Remarks: 1

Location Tax and Legal

Street Number: 4555 Street Name: Redwood Street Suffix: Road County: Cocke State: TN Zip Code: 37722 Property Sub Type: Multi Family MLS Area Major: Cosby

Property Features

Unit Details: Furnished Construction Materials: Frame Cooling: Central Air Current Use: Multi-Family Documents Available: Survey Frontage Type: See Remarks Heating: Central Listing Terms: Cash Lock Box Information: Call Listing Office Possession: Close Of Escrow Property Condition: Updated/Remodeled Showing Requirements: Appointment Only; Call Listing Office; Restricted Hours; See Remarks
Listing Office: Thompson Williams Properties
Last Updated: September - 10 - 2024
Information deemed reliable but not guaranteed.