Estimated payment $2,940/month
Highlights
- Corner Lot
- No HOA
- Forced Air Heating and Cooling System
- Alcoa Elementary School Rated A-
- 1 Car Garage
- Carpet
About This Home
Prime Alcoa Location Zoned E (Residential/Commercial) Perfect for Your Business, Investment Property, or Live/Work Opportunity Don't miss this versatile 2-bedroom, 2-bath office/home located in the heart of the City of Alcoa! Zoned E, this unique property is ideal for small business owners, investors, or those looking to live and operate a business from the same location. This well-maintained home features numerous updates, including a newer HVAC system, metal roof, water heater, electrical panel, stainless steel appliances, updated windows, and a spacious walk-in master closet. The main floor includes washer and dryer hookups, a cozy sunroom/breakfast area, and a 1-car garage with additional basement storage. One of the standout features of this property is the massive 1,600 sq ft detached garage, fully equipped with 100-amp breakers and 220v wiring perfect for a workshop, studio, or business operations. It includes five office spaces, a kitchen area, half bath, and its own dedicated water heater, offering endless possibilities for commercial use or rental income. Located in a high-visibility area of Alcoa and just minutes from major thoroughfares, this property offers flexibility, functionality, and investment potential all in one! schedule your showing and explore the full potential of this unique live/work space.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,300
Year Built
- Built in 1940
Lot Details
- 0.28 Acre Lot
- Corner Lot
- Property is zoned GBE
Parking
- 1 Car Garage
- Basement Garage
- Inside Entrance
- Additional Parking
Home Design
- Composition Roof
- Metal Roof
- Block And Beam Construction
Interior Spaces
- 2,690 Sq Ft Home
- 1-Story Property
- Finished Basement
Kitchen
- Electric Range
- Laminate Countertops
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 3 Full Bathrooms
Location
- City Lot
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
Community Details
- No Home Owners Association
- Rock Gardens Subdivision
Listing and Financial Details
- Tax Lot P3
- Assessor Parcel Number 047B A 027.00
Map
Home Values in the Area
Average Home Value in this Area
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 | -- | $161,600 | $16,000 | $145,600 |
| 2024 | -- | $161,600 | $16,000 | $145,600 |
| 2023 | $2,444 | $74,500 | $10,000 | $64,500 |
| 2022 | $2,111 | $44,550 | $6,250 | $38,300 |
| 2021 | $2,111 | $44,550 | $6,250 | $38,300 |
| 2020 | $1,481 | $33,625 | $6,250 | $27,375 |
| 2019 | $1,481 | $33,625 | $6,250 | $27,375 |
| 2018 | $1,287 | $29,050 | $5,675 | $23,375 |
| 2017 | $1,287 | $29,050 | $5,675 | $23,375 |
| 2016 | $1,287 | $29,050 | $5,675 | $23,375 |
| 2015 | $1,194 | $29,050 | $5,675 | $23,375 |
| 2014 | $1,439 | $29,050 | $5,675 | $23,375 |
| 2013 | $1,439 | $35,025 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/19/2026 03/19/26 | Price Changed | $474,999 | 0.0% | $177 / Sq Ft | |
| 03/14/2026 03/14/26 | Price Changed | $475,000 | -5.0% | $177 / Sq Ft | |
| 01/28/2026 01/28/26 | For Sale | $499,899 | +127.2% | $186 / Sq Ft | |
| 05/13/2021 05/13/21 | Sold | $220,000 | +22.6% | $202 / Sq Ft | View Prior Sale |
| 02/24/2021 02/24/21 | Sold | $179,450 | +79.5% | $185 / Sq Ft | View Prior Sale |
| 09/21/2020 09/21/20 | Sold | $100,000 | 0.0% | $92 / Sq Ft | View Prior Sale |
| 08/11/2020 08/11/20 | Pending | -- | -- | -- | |
| 08/11/2020 08/11/20 | For Sale | $100,000 | -- | $92 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Clinch Valley Title | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $220,000 | -- | |
| Warranty Deed | $179,450 | -- | |
| Warranty Deed | $100,000 | -- | |
| Deed | $52,000 | -- | |
| Warranty Deed | $51,500 | -- | |
| Warranty Deed | $30,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $20,000 | No Value Available |
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 309945
APN: 047B-A-027.00
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