507 W 7th Ave Lenoir City, TN 37771
Estimated Value: $165,000 - $245,000
Highlights
- City View
- 1 Fireplace
- Central Heating
- Traditional Architecture
- Cooling Available
- Level Lot
About This Home
As of June 2022Investors Special!!! This Home has so much potential and is the perfect opportunity for someone looking to flip or fix up for a rental. This home has a loft with an option to have another bedroom upstairs and an unfinished basement. This home has a large level yard and is located in town, convenient to shopping, beautiful parks, the hospital, and 15 minutes from Knoxville. Home is being sold As Is. Buyer to verify square footage and lot size.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $507
Year Built
- Built in 1946
Lot Details
- 0.44 Acre Lot
- Level Lot
Home Design
- Traditional Architecture
Interior Spaces
- Property has 3 Levels
- 1 Fireplace
- Laminate Flooring
- City Views
- Oven or Range
- Unfinished Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Cooling Available
- Central Heating
- Heating System Uses Natural Gas
Community Details
- Payne Map Of Lenoir City Subdivision
Listing and Financial Details
- Tax Lot Note
Home Values in the Area
Average Home Value in this Area
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Ltr Funding 1 Llc | $150,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/24/2022 06/24/22 | Sold | $115,000 | 0.0% | $56 / Sq Ft |
| 05/01/2022 05/01/22 | Pending | -- | -- | -- |
| 05/01/2022 05/01/22 | For Sale | $115,000 | -- | $56 / Sq Ft |
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $518 | $38,900 | $5,950 | $32,950 |
| 2023 | $518 | $38,900 | $0 | $0 |
| 2022 | $513 | $21,725 | $5,950 | $15,775 |
| 2021 | $507 | $21,725 | $5,950 | $15,775 |
| 2020 | $405 | $21,725 | $5,950 | $15,775 |
| 2019 | $404 | $15,650 | $4,750 | $10,900 |
| 2018 | $394 | $15,650 | $4,750 | $10,900 |
| 2017 | $394 | $15,650 | $4,750 | $10,900 |
| 2016 | $422 | $16,100 | $4,750 | $11,350 |
| 2015 | $419 | $16,100 | $4,750 | $11,350 |
| 2014 | $419 | $16,100 | $4,750 | $11,350 |
Map
Source: Realtracs
MLS Number: 2947908
APN: 020K-A-024.00
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