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506 Mulberry St, Loudon, TN, 37774

$279,000

Home List Price

$3,313*

Closing Credit

3 Bedrooms
2 Full Baths
2,000 SqFt
$140/SqFt
House
Schools Nearby

Location

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506 Mulberry St, Loudon$279,000

Buyer Closing Credits

$3,313*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingOther, Attached, Main Level
Attached GarageYes
Year Built1910
HeatingCentral, Electric
CoolingCentral Air
FireplaceOther
MLS #1256066
Lot Size0.27 Acres
StatusActive

About 506 Mulberry St

Located in the heart of downtown Loudon and situated along Mulberry St. is this spacious historic home or office or residential and commercial combo. Offering a rare opportunity to live and work in one location while accommodating a retail storefront with ample parking. As an added benefit both floors have full kitchens, laundry and bathrooms. While maintaining it's wonderful curb appeal and attractive design, numerous updates have been completed. The site has been landscaped and equipped with a brand-new asphalt parking lot, a highly sought-after amenity for a downtown property. Monument signage offers company branding, exposure and visibility on this highly trafficked road. Maintenance free metal coated roofing. Gorgeous modern paint schemes on the inside and out.

Property Details

Property Features

Property Information:

  • Architectural Style: Other, Victorian, Historic
  • Year Built: 1910
  • Living Area: 2,000 SqFt

Listing Office:

  • Office Name: Mike Fuller Realty & Co
  • Office Phone: (865) 909-7471

Interior Features

Interior Information:

  • Appliances: None
  • Basement: No
  • Flooring Type: Hardwood
  • Interior: Cathedral Ceiling(s)
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch - Covered

Parking Information:

  • Attached Garage: Yes
  • Parking: Other, Attached, Main Level

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Loudon High School, Public District Grades 9-12
  • Greenback School, Public District Grades PK-12
  • Ft. Loudoun Middle School, Public District Grades 6-8
  • North Middle School, Public District Grades 5-8
  • Loudon Elementary School, Public District Grades PK-5
  • Steekee Elementary School, Public District Grades PK-5
  • Highland Park Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: 75 South to 11E 506 Mulberry is on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $279,000
  • Price Per SqFt: $140/SqFt

Tax Information:

  • Annual Amount: $1,618
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Loudon, TN.

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Loudon, TN

City

Med. Sold Price

$549.9K

Med. Price/SqFt

$248

Avg. Days On Market

51

# of Sold Homes

39

506 Mulberry St vs Loudon

37 DAYS ON ROCKET

-14 Days

$279,000

-$270.9K Less

$140/SqFt

-$109 Less

KEY TAKEAWAY

This property is $270.9K less than the Median Sold Price and $109/SqFt less than other homes in Loudon, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1256066

Listing Office:

  • Office Name: Mike Fuller Realty & Co
  • Office Phone: (865) 909-7471

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: 4/23/2024, 12:50:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 05, 2021Home Sold
$190,000
Aug 25, 2009Home Sold
$43,100

Tax History

YEARPROP. TAXASSESSMENT
2020$1,618$63,320
2019$1,586$53,240
2018$1,586$53,240
2017$1,687$53,240

History based on county public records data.

Payment Calculator

$1,460

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$903

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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-2175855
4
/10

  • Loudon Elementary School

  • 2175 Roberts Rd

  • 1.37 miles

  • Public District Grades PK-5

school-card-donut-2175856
6
/10

  • Steekee Elementary School

  • 4500 Steekee School Rd

  • 2.83 miles

  • Public District Grades PK-5

school-card-donut-2175857
7
/10

  • Highland Park Elementary School

  • 4404 Highway 11 E

  • 6.75 miles

  • Public District Grades PK-4

Middle School

school-card-donut-2175858
4
/10

  • Ft. Loudoun Middle School

  • 1703 Roberts Rd

  • 1.31 miles

  • Public District Grades 6-8

school-card-donut-2175859
8
/10

  • North Middle School

  • 421 Hickory Creek Rd

  • 7.26 miles

  • Public District Grades 5-8

High School

school-card-donut-2175860
5
/10

  • Loudon High School

  • 1039 Mulberry St

  • 1.15 miles

  • Public District Grades 9-12

school-card-donut-2175861
5
/10

  • Greenback School

  • 400 Chilhowee Ave

  • 10.80 miles

  • Public District Grades PK-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,658. Residents of Loudon, TN typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Loudon, TN

Types of housing in Loudon, TN.

Single detached homes are the most common housing type, representing many dwellings in Loudon, whereas the remainder are mainly large apartment buildings. The average year of construction for properties in this town is 1982. This town offers mainly two bedroom and three bedroom homes. Homeowners occupy about two thirds of the dwellings in the town whereas renters occupy the remainder.

What is it like to live in Loudon, TN?

Loudon is very quiet overall, as there isn't a lot of street noise or city clamor.

Is it easy to get around Loudon, TN without a car?

Some, but not all, home buyers in Loudon will live within walking distance of the closest supermarket. A small number of restaurants can be found in this part of the Knoxville metropolitan area as well. As far as education is concerned, high schools and primary schools are not plentiful in Loudon, and therefore not always within walking distance.

Transportation in Loudon, TN.

This town is very car friendly. It is especially convenient to access a parking spot, and nearby highways, such as Interstate 75, are quite easy to drive to from anywhere in this part of the Knoxville metropolitan area. This town is not very conducive to those who travel by foot because very few common errands can be run without needing to use a vehicle.

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Frequently Asked Questions About 506 Mulberry St

What is the listing price of this property?

The listing price of 506 Mulberry St property is $279,000.

What type of property is this?

The property 506 Mulberry St is a house located in Loudon, Tennessee, 37774.

Is this property for sale now?

Active Listing: 506 Mulberry St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 506 Mulberry St are:
Loudon Elementary School: GreatSchools Rating 4/10
Steekee Elementary School: GreatSchools Rating 6/10
Highland Park Elementary School: GreatSchools Rating 7/10
Ft. Loudoun Middle School: GreatSchools Rating 4/10
North Middle School: GreatSchools Rating 8/10
Loudon High School: GreatSchools Rating 5/10
Greenback 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 $1,618 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 5, 2021 for $190,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 506 Mulberry St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 506 Mulberry St is 2,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 Mulberry St is 1910.

Rocket Homes›Tennessee›Loudon County›Loudon›37774›506 Mulberry St

This home is located at 506 Mulberry St in Loudon, TN and zip code 37774. This 2,000 square foot home, which was built in 1910, sits on a 0.27 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 16, 2024 and is currently priced at $279,000.

Over 7 listings were sold over their listed price in March 2024 in Loudon, TN. In the same period over 21 listings were sold below the listed price and 11 listings were sold for the listed price. The number of listings in Loudon, TN increased by 12% between February 2024 and March 2024. The median list price of listings available in March 2024 was $549,937, while the average time on the real estate market was 51 days.

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

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