$395,000
$4K PRICE DROP

227 Gill St Alcoa, TN 37701

Estimated payment $2,263/month

Total Views 12,082
5 Beds
1 Bath
1,148 Sq Ft
$344 Price per Sq Ft

Highlights

  • City View
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Alcoa Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

Price Improved! This remodeled and updated 5-bedroom, 1-bath house is a versatile property located in the heart of Alcoa's bustling business district. Zoned Commercial E, it offers an excellent opportunity for businesses such as law firms, accounting practices, financial planners, and more. The property's prime location ensures high visibility and easy access for clients and customers, making it an ideal spot for professional offices. The house itself has been tastefully renovated to boast modern amenities with classic charm, making it equally suitable as a comfortable home for a growing family. In addition to the 5 bedrooms, there is a 2-car detached garage with an overhead living space, providing ample space for both living and work needs.

Listing Agent

Missi Riddick

Realty Executives Associates License #307558 Listed on: 06/09/2025

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,906

Year Built

  • Built in 1941

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,148 Sq Ft Home
  • Living Quarters
  • Brick Fireplace
  • Insulated Windows
  • Formal Dining Room
  • Storage Room
  • City Views
  • Dishwasher
  • Partially Finished Basement

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Alcoa Elementary And Middle School
  • Alcoa High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • F W Hannum Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 046M G 014.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,906

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Directions: From US-129 S, keep left to TN-35 N/N Hall Rd. Turn right onto Gill Street; house on the left.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 1941
  • Lot Size Acres: 0.2
  • Subdivision Name: F W Hannum Addn
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1148.0
  • General Property Description:SqFt - Down Lvl: 560.0
  • General Property Description:SqFt - 2nd Flr Lvl: 634.0
  • General Property Description:_pound_ Fireplace: 1.0
  • 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
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Floors:Laminate: Yes
  • Siding:Brick2: Yes
  • Dining Area:Formal Dining Area: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Basement YN: Yes
  • Has Basement: Partially Finished
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Brick
  • Fireplaces: 1
  • Flooring: Laminate, Hardwood
  • Window Features: Windows - Insulated
  • Appliances Dishwasher: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Addl Living Quarter: Yes
  • Basement:Partially Finished: Yes
  • Fireplace:Brick3: Yes

Exterior Features

  • View: City
  • Lot Features: Level
  • Construction Type: Brick, Block, Frame
  • Patio And Porch Features: Porch - Covered
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Insulated: Yes
  • Construction:Block2: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Off-Street Parking, Detached
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:Detached2: Yes

Utilities

  • Cooling: Central Cooling
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Electric
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Alcoa
  • High School: Alcoa
  • Middle Or Junior School: Alcoa

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 046M G 014.00

Tax Info

  • Tax Annual Amount: 1906.5

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $1,906 $58,125 $10,950 $47,175
2023 $1,906 $58,125 $10,950 $47,175
2022 $1,643 $34,675 $11,250 $23,425
2021 $1,643 $34,675 $11,250 $23,425
2020 $1,643 $34,675 $11,250 $23,425
2019 $1,643 $34,675 $11,250 $23,425
2018 $884 $19,950 $4,500 $15,450
2017 $884 $19,950 $4,500 $15,450
2016 $884 $19,950 $4,500 $15,450
2015 $820 $19,950 $4,500 $15,450
2014 $972 $19,950 $4,500 $15,450
2013 $972 $23,650 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Price Changed $395,000 0.0% $344 / Sq Ft
06/09/2025 06/09/25 For Sale $395,000 +5.3% $344 / Sq Ft
06/08/2025 06/08/25 Off Market $375,000 -- --
01/13/2025 01/13/25 Price Changed $375,000 -6.0% $327 / Sq Ft
10/22/2024 10/22/24 For Sale $399,000 -- $348 / Sq Ft
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $269,000 Independence Title
Deed $12,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $201,750 New Conventional
Previous Owner $40,000 New Conventional
Previous Owner $28,897 No Value Available
Source: Public Records

Source: East Tennessee REALTORS® MLS

MLS Number: 1280160

East Tennessee REALTORS® MLS

APN: 046M-G-014.00