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1206 1st Ave

Lenoir City, TN 37772

2 bd 2 ba 1,040 sqft Built 1950 Lot 13,504 sqft single_family
Most recent sale
$177,500
Jun 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 12, 2025 Sold $245,000 EastTennessee
Mar 27, 2025 Listed for rent $1,750 Zumper
Mar 10, 2025 Listed for rent $1,750 TenantTurner
Jun 27, 2022 Sold $177,500 MLS #20222807
Jun 8, 2022 Price changed $195,000 MLS #1192805
May 26, 2022 Listed $215,000 MLS #1192805
Aug 27, 2015 Listing removed $72,900 EastTennessee
Jun 15, 2015 Listed $72,900 MLS #415238
Aug 28, 2013 Sold $80,000 Public Record
Aug 23, 2013 Sold $80,000 EastTennessee
Oct 17, 2012 Sold $45,900 Public Record
Jun 24, 2012 Listed $79,900 MLS #806821
Aug 27, 2004 Sold $72,900 Public Record
Feb 27, 2000 Sold $72,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $19,275 $498
2019 $19,275 $497
2018 $19,275 $485
2017 $19,275 $485
2016 $19,525 $511
2015 $19,525 $507
2014 $19,525 $507
2013 $19,525 $507
2012 $21,825 $547
2011 $21,825 $547
2010 $21,825 $547
2009 $21,825 $532
2008 $18,975 $583

Property facts

Year built
1950
Property type
single_family
Stories
Beds
2
Baths
2
Living area
1,040 sqft
Lot size
13,504 sqft
ZIP code
37772
City
Lenoir City
Street
1st Ave
Coordinates
35.79967, -84.25556

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,560
Gross rental yield
10.55%
Implied cap rate
6.86%
Trend-extrapolated value

Frequently asked questions

When did 1206 1st Ave last sell?
1206 1st Ave most recently sold on Jun 27, 2022 for $177,500.
What is the current tax assessment for 1206 1st Ave?
The most recent total assessment for 1206 1st Ave (year 2020) is $19,275 with $498 in property tax.
How does 1206 1st Ave's assessment compare to its last sale price?
The current assessment is 89.1% below the last sale price of $177,500.
When was 1206 1st Ave built?
1206 1st Ave was built in 1950.
How does 1206 1st Ave compare to others on 1st Ave?
We track 8 other properties on 1st Ave. Browse the list under "Other properties on 1st Ave" to compare beds, baths, and sale history.
What are the property facts for 1206 1st Ave?
1206 1st Ave is a 2 bed, 2 bath, 1,040 sqft, 13,504 sqft lot single_family.
Is 1206 1st Ave a flip candidate?
No — 1206 1st Ave does not appear in our flips dataset.
Is 1206 1st Ave a tax-appeal candidate?
No — 1206 1st Ave 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
-2.6%
Implied 1-yr
-10.3%
2026 Q3
$398.3K
2026 Q4
$386.1K
ZIP 37772 — Median Price History + Forecast

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