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531 2nd Ave

Lenoir City, TN 37771

3 bd 3 ba 1,815 sqft Built 1920 Lot 7,405 sqft single_family
Most recent sale
$300,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $300,000 MLS #1189649
May 1, 2022 Listed $299,000 MLS #1189649
Dec 13, 2019 Sold $174,000 MLS #1095486
Oct 21, 2019 Price changed $179,900 MLS #1095486
Sep 23, 2019 Listed $184,900 MLS #1095486
Aug 29, 2019 Sold $113,000 MLS #1087378
Jun 17, 2019 Sold $131,959 Public Record
Aug 17, 2018 Sold $175,000 Public Record
Aug 15, 2018 Sold $175,000 RealTracs
Aug 15, 2018 Listing removed $175,000 EastTennessee
Jul 5, 2018 Price changed $175,000 MLS #1041297
Jun 12, 2018 Price changed $180,000 MLS #1041297
May 10, 2018 Listed $196,000 MLS #1041297
Nov 29, 2017 Listing removed $215,500 EastTennessee
Oct 11, 2017 Listed $215,500 MLS #1019364
Jul 26, 2017 Listing removed $42,000 EastTennessee
Jul 25, 2017 Sold $32,000 RealTracs
Jul 6, 2017 Listed $42,000 MLS #1008895
Jul 6, 2017 Listing removed $42,000 EastTennessee
Jun 21, 2016 Listed $42,000 MLS #969265
Jun 29, 2012 Listing removed $35,000 EastTennessee
Dec 29, 2011 Listed $35,000 MLS #783974
Dec 29, 2011 Listing removed $35,000 EastTennessee
Nov 30, 2011 Listing removed $49,900 EastTennessee
Sep 13, 2011 Relisted $49,900 MLS #750529
Sep 9, 2011 Listing removed $49,900 EastTennessee
Mar 9, 2011 Listed $49,900 MLS #750529

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $35,950 $930
2019 $35,950 $927
2018 $13,025 $328
2017 $13,025 $328
2016 $12,225 $321
2015 $12,225 $318
2014 $12,225 $318
2013 $12,225 $318
2012 $8,575 $215
2011 $8,575 $215
2010 $8,575 $215
2009 $12,550 $306
2008 $8,775 $269

Property facts

Year built
1920
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,815 sqft
Lot size
7,405 sqft
ZIP code
37771
City
Lenoir City
Street
2nd Ave
Coordinates
35.78877, -84.27392

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
$2,723
Gross rental yield
10.89%
Implied cap rate
7.08%
Trend-extrapolated value

Frequently asked questions

When did 531 2nd Ave last sell?
531 2nd Ave most recently sold on May 31, 2022 for $300,000.
What is the current tax assessment for 531 2nd Ave?
The most recent total assessment for 531 2nd Ave (year 2020) is $35,950 with $930 in property tax.
How does 531 2nd Ave's assessment compare to its last sale price?
The current assessment is 88.0% below the last sale price of $300,000.
When was 531 2nd Ave built?
531 2nd Ave was built in 1920.
How does 531 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 531 2nd Ave?
531 2nd Ave is a 3 bed, 3 bath, 1,815 sqft, 7,405 sqft lot single_family.
Is 531 2nd Ave a flip candidate?
Yes — 531 2nd Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 531 2nd Ave a tax-appeal candidate?
No — 531 2nd 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
+2.9%
Implied 1-yr
+11.5%
2026 Q3
$448.1K
2026 Q4
$459K
ZIP 37771 — Median Price History + Forecast

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