NOT LISTED FOR SALE

521 Commerce St Loudon, TN 37774

Loudon Area

Estimated Value: $342,000 - $432,906

3 Acres
$131,159 Price per Acre
130,680 Sq Ft Lot

Sale Details

Date Sold: March 5, 2021

Last sale price $165,000

Est. 138% increase in value since last sale

Current estimated payment $2,371 / mo

9 Days on Market

Highlights

  • 3 Acre Lot
  • Lot Has A Rolling Slope
  • 5-minute walk to Veterans Park

About This Lot

As of March 2021

Own a piece of Historic Loudon!!!This property was once the Loudon High School and sits on 3 acres looking over the city. Purchased and renovated in 2015 owner is selling at a significant reduction due to wind and water damage to roof and building recently. Value for Land only. Currently zoned R-1 but could possibly be zoned otherwise with local government approval. Possible uses are church, single-family or multi-family, general education, daycare, library or offices. Selling as is with no repairs.

Last Agent to Sell the Property

Marcie Nichols

Keller Williams West Knoxville License #309936 Listed on: 02/09/2021

Keller Williams West Knoxville
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $696

Lot Details

  • 3 Acre Lot
  • Lot Has A Rolling Slope
  • Finished Lot(s)
  • Zoning described as Zoned Residential

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 041A A 010.00

Property Details

Property Type

Land

Est. Annual Taxes

$696

Lot Details

3 Acres

Listing Details

  • Directions: From the Bridge in Loudon towards Fountain take the first right at Redlight onto Grove St. Then take a left onto Commerce St. Cross railroad tracks and bear left. The property will be on the right.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 3.0
  • Lot Size: 130,679
  • Topography:Rolling: Yes
  • Improvements:Utilities on Site: Yes
  • Lot Description:Rolling Slope: Yes
  • Utilities Available:Cable TV2: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Gas3: Yes
  • Utilities Available:Telephone5: Yes
  • Utilities Available:Water5: Yes
  • Utilities Available:Sewer6: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Rolling
  • Road Frontage Paved: Yes

Lot Info

  • Lot Size Sq Ft: 130680.0
  • Parcel #: 041A A 010.00
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 695.95

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2026
Sold by
Bought by
Current Estimated Value
$393,477

Purchase Details

Closed on
May 5, 2025
Sold by
Bought by

Purchase Details

Closed on
Jun 3, 2015
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Southeastern Title
-- Southeastern Title
$200,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $165,000 -- --
Source: East Tennessee REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,498 $84,425 $13,775 $70,650
2024 $2,210 $84,425 $13,775 $70,650
2023 $2,210 $84,425 $0 $0
2022 $2,210 $84,425 $13,775 $70,650
2021 $2,210 $84,425 $13,775 $70,650
2020 $1,711 $84,425 $13,775 $70,650
2019 $1,711 $56,275 $11,100 $45,175
2018 $1,677 $56,275 $11,100 $45,175
2017 $1,677 $56,275 $11,100 $45,175
2016 $1,640 $54,025 $11,100 $42,925
2015 $1,640 $54,025 $11,100 $42,925
2014 $1,640 $54,025 $11,100 $42,925
Source: Public Records

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1142451

East Tennessee REALTORS® MLS

APN: 041A-A-010.00

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