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403 W 5th Ave, Lenoir City, TN, 37771

$299,900

Home List Price

$3,561*

Closing Credit

3 Bedrooms
2 Full Baths
1,434 SqFt
$209/SqFt
House
Schools Nearby

Location

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403 W 5th Ave, Lenoir City$299,900

Buyer Closing Credits

$3,561*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingAttached, Basement, Off-Street Parking
Attached Garage1 space
Year Built1932
HeatingCentral, Forced Air, Natural Gas, Electric
CoolingCentral Air, Ceiling Fan(s)
FireplaceOther
ViewCity
MLS #1257361
Lot Size0.14 Acres
StatusActive

About 403 W 5th Ave

Two for the price of one! Live in the main home and collect rent on the second! Or rent both properties! The main home is a Ranch with updated flooring, paint, bath, new HVAC, metal roof, tall 9 1/2 foot ceilngs. Fireplace has been closed off. Second property is a 1 bedroom, 1 bathroom with garage below, metal roof and separate HVAC and utilities. Downtown Lenoir City is a vibrant walkable city which has recently become a hot spot with continued revitalization! Close to Interstates, Loudon and Knoxville! Will not qualify for FHA

Property Details

Property Features

Property Information:

  • Architectural Style: Historic
  • Year Built: 1932
  • Living Area: 1,434 SqFt

Listing Office:

  • Office Name: Honors Real Estate Services LLC
  • Office Phone: (865) 238-0002

Interior Features

Interior Information:

  • Appliances: Self Cleaning Oven, Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Vinyl
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Windows - Wood, Porch - Covered, Deck

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Basement, Off-Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Natural Gas, Electric
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Lenoir City High School, Public District Grades 9-12
  • Lenoir City Middle School, Public District Grades 4-8
  • Lenoir City Elementary School, Public District Grades PK-3

Other

Directions Information:

  • Directions: From 321 right onto E Broadway right onto Kingston Street Left onto W 5th Ave House on right Sign on Property

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,900
  • Price Per SqFt: $209/SqFt

Tax Information:

  • Annual Amount: $382
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lenoir City, TN.

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Lenoir City, TN

City

Med. Sold Price

$393.3K

Med. Price/SqFt

$204

Avg. Days On Market

37

# of Sold Homes

34

403 W 5th Ave vs Lenoir City

31 DAYS ON ROCKET

-6 Days

$299,900

-$93.4K Less

$209/SqFt

+$4 More

KEY TAKEAWAY

This property is $93.4K less than the Median Sold Price and $4/SqFt more than other homes in Lenoir City, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1257361

Listing Office:

  • Office Name: Honors Real Estate Services LLC
  • Office Phone: (865) 238-0002

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:50:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$382$28,950
2019$372$14,800
2018$372$14,800
2017$400$14,800

History based on county public records data.

Payment Calculator

$1,564

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2892501
3
/10

  • Lenoir City Elementary School

  • 203 Kelly Ln

  • 0.69 miles

  • Public District Grades PK-3

Middle School

school-card-donut-2892502
5
/10

  • Lenoir City Middle School

  • 2141 Harrison Ave

  • 1.37 miles

  • Public District Grades 4-8

High School

school-card-donut-2892503
5
/10

  • Lenoir City High School

  • 1485 Old Highway 95

  • 1.25 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,161. The most common annual income of people living in Lenoir City, TN is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 403 W 5th Ave

What is the listing price of this property?

The listing price of 403 W 5th Ave property is $299,900.

What type of property is this?

The property 403 W 5th Ave is a house located in Lenoir City, Tennessee, 37771.

Is this property for sale now?

Active Listing: 403 W 5th Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 403 W 5th Ave are:
Lenoir City Elementary School: GreatSchools Rating 3/10
Lenoir City Middle School: GreatSchools Rating 5/10
Lenoir City High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $382 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 403 W 5th Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 403 W 5th Ave is 1,434 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 403 W 5th Ave is 1932.

Rocket Homes›Tennessee›Loudon County›Lenoir City›37771›403 W 5th Ave

This home is located at 403 W 5th Ave in Lenoir City, TN and zip code 37771. This 1,434 square foot home, which was built in 1932, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $299,900.

In March 2024 more than 8 listings in Lenoir City, TN were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 18 were sold below. The inventory of homes for sale in Lenoir City, TN between February 2024 and March 2024 increased by 3%. While the average time on the market in March 2024 was 37 days, the median list price was $393,316.

From Rocket Homes Real Estate and based on county public records data.

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