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1562 Mills St

Alcoa, TN 37701

3 bd 2 ba 1,498 sqft Built 2020 Lot 7,405 sqft single_family
Most recent sale
$375,000
Dec 29, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 29, 2021 Sold $375,000 MLS #1174146
Nov 19, 2021 Listed $349,900 MLS #1174146
Oct 16, 2020 Sold $260,000 MLS #1130965
Aug 1, 2017 Sold $320,000 Public Record
Mar 30, 2017 Sold $9,200,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $5,625 $139
2019 $5,625 $267
2018 $5,850 $260
2017 $5,850 $260
2016 $5,850 $260
2015 $5,850 $260
2014 $4,425 $182
2013 $4,425 $182
2012 $4,425 $182
2011 $4,425 $182
2010 $4,425 $177
2009 $3,175 $138
2008 $3,175 $138

Property facts

Year built
2020
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,498 sqft
Lot size
7,405 sqft
ZIP code
37701
City
Alcoa
Street
Mills St
Coordinates
35.79465, -83.98390

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,247
Gross rental yield
7.19%
Implied cap rate
4.67%
Trend-extrapolated value

Frequently asked questions

When did 1562 Mills St last sell?
1562 Mills St most recently sold on Dec 29, 2021 for $375,000.
What is the current tax assessment for 1562 Mills St?
The most recent total assessment for 1562 Mills St (year 2020) is $5,625 with $139 in property tax.
How does 1562 Mills St's assessment compare to its last sale price?
The current assessment is 98.5% below the last sale price of $375,000.
When was 1562 Mills St built?
1562 Mills St was built in 2020.
How does 1562 Mills St compare to others on Mills St?
We track 6 other properties on Mills St. Browse the list under "Other properties on Mills St" to compare beds, baths, and sale history.
What are the property facts for 1562 Mills St?
1562 Mills St is a 3 bed, 2 bath, 1,498 sqft, 7,405 sqft lot single_family.
Is 1562 Mills St a flip candidate?
Yes — 1562 Mills St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1562 Mills St a tax-appeal candidate?
No — 1562 Mills St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.0%
Implied 1-yr
+20.0%
2026 Q3
$562.5K
2026 Q4
$562.5K
ZIP 37701 — Median Price History + Forecast

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