NOT LISTED FOR SALE

1007 E 1st Ave Lenoir City, TN 37771

Estimated Value: $87,000 - $104,390

1 Bed
1 Bath
608 Sq Ft
$164/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $90,000 $148 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $575/month

43 Days on Market

Highlights

  • City View
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • Main Floor Bedroom
  • Laundry Room

About This Home

As of July 2024

Attention all investors! Exciting investment opportunity located in the vibrant heart of downtown Lenoir City. This property holds great potential! Unleash your creativity by transforming it into your primary residence, flip it for profit, or add it to your investment portfolio. Conveniently situated near shopping centers, schools, parks, and all the lively attractions downtown Lenoir City has to offer! The home is being sold in as-is condition.

Last Agent to Sell the Property

Jeremiah Wampler

Realty Executives Associates License #323479 Listed on: 05/17/2024

Realty Executives Associates

Last Buyer's Agent

Jeremiah Wampler

Realty Executives Associates License #323479 Listed on: 05/17/2024

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $162

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x142.5
  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 608 Sq Ft Home
  • Storage
  • Wood Flooring
  • City Views
  • Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • Parking Available
  • Off-Street Parking

Utilities

  • Zoned Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Payne Map Of Lenoir City Subdivision

Listing and Financial Details

  • Property Available on 5/17/24
  • Assessor Parcel Number 020E K 019.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$162

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: From downtown Lenoir City head towards Knoxville. Turn left onto N. Cherry St. Turn right onto E. 1st Ave. Home will on the left.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1940
  • Lot Size Acres: 0.17
  • Lot Size: 50x142.5
  • Subdivision Name: Payne Map Of Lenoir City
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • General Property Description:Lot Size SqFt: 7405.0
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 608.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Special Features: None

Interior Features

  • Appliances: Other
  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Flooring: Hardwood, Other
  • Basement:Crawl Space: Yes
  • Other Rooms:LaundryUtility: Yes
  • Fireplace:None15: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Appliances:Other18: Yes

Exterior Features

  • Exterior Features: Fence - Chain
  • View: City
  • Lot Features: Level
  • Construction Type: Vinyl Siding, Frame
  • Construction:Frame: Yes
  • Exterior Features:Fence - Chain: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Main Level, Off-Street Parking
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:Main Level: Yes

Utilities

  • Heating: Natural Gas, Other, Electric
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 7405.0
  • Parcel #: 020E K 019.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2024-05-17

Tax Info

  • Tax Annual Amount: 161.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jul 29, 2024
Sold by
Rayl Barbara G and Rayl Barbara
Bought by
Hollis Charles R and Hollis Lisa Joy
Seller's Agent
Jeremiah Wampler
Realty Executives Associates
Buyer's Agent
Jeremiah Wampler
Realty Executives Associates
List Price
$137,550
Sold Price
$90,000
Premium/Discount to List
-$47,550
-34.57%
Views
66
Current Estimated Value
$99,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,598
Avg. Annual Appreciation
9.93%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hollis Charles R $90,000 Certified Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $90,000 -24.4% $148 / Sq Ft
06/30/2024 06/30/24 Pending -- -- --
05/28/2024 05/28/24 Price Changed $119,000 -13.5% $196 / Sq Ft
05/17/2024 05/17/24 For Sale $137,550 -- $226 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $387 $16,225 $0 $0
2022 $384 $16,225 $4,225 $12,000
2021 $379 $16,225 $4,225 $12,000
2020 $213 $16,225 $4,225 $12,000
2019 $212 $8,225 $2,725 $5,500
2018 $207 $8,225 $2,725 $5,500
2017 $207 $8,225 $2,725 $5,500
2016 $222 $8,500 $2,725 $5,775
2015 $221 $8,500 $2,725 $5,775
2014 $221 $8,500 $2,725 $5,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1262843

East Tennessee REALTORS® MLS

APN: 020E-K-019.00