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508 5th Ave

Lenoir City, TN 37771

3 bd 2 ba 1,584 sqft Built 1950 Lot 8,276 sqft single_family
Most recent sale
$280,000
Jul 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 13, 2022 Sold $280,000 MLS #1193975
Jun 3, 2022 Listed $279,000 MLS #1193975
May 16, 2022 Sold $247,500 MLS #1185497
Mar 28, 2022 Listed $235,000 MLS #1185497
Mar 15, 2021 Sold $205,000 MLS #1140433
Jul 12, 2019 Price changed $75,000 MLS #1069432
May 7, 2019 Price changed $80,000 MLS #1069432
Apr 27, 2019 Price changed $85,000 MLS #1069432
Apr 22, 2019 Price changed $89,900 MLS #1069432
Apr 16, 2019 Price changed $93,000 MLS #1069432
Mar 29, 2019 Price changed $95,000 MLS #1069432
Mar 22, 2019 Price changed $100,000 MLS #1069432
Feb 11, 2019 Listed $139,900 MLS #1069432
Feb 28, 2017 Listing removed $119,900 EastTennessee
Feb 7, 2017 Listed $119,900 MLS #990988

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $47,300 $1,104
2024 $47,300 $1,104
2023 $47,300 $1,128
2022 $47,300 $1,118
2021 $47,300 $1,104
2020 $21,325 $551
2019 $21,325 $550
2018 $21,325 $536
2017 $21,325 $536
2016 $22,050 $578
2015 $22,050 $573
2014 $22,050 $573
2013 $22,050 $573
2012 $23,600 $592
2011 $23,600 $592
2010 $23,600 $592
2009 $23,600 $575
2008 $17,875 $548
2007 $17,875 $543

Property facts

Year built
1950
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,584 sqft
Lot size
8,276 sqft
ZIP code
37771
City
Lenoir City
Street
5th Ave
Coordinates
35.79148, -84.27441

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
$2,376
Gross rental yield
10.18%
Implied cap rate
6.62%
Trend-extrapolated value

Frequently asked questions

When did 508 5th Ave last sell?
508 5th Ave most recently sold on Jul 13, 2022 for $280,000.
What is the current tax assessment for 508 5th Ave?
The most recent total assessment for 508 5th Ave (year 2025) is $47,300 with $1,104 in property tax.
How does 508 5th Ave's assessment compare to its last sale price?
The current assessment is 83.1% below the last sale price of $280,000.
When was 508 5th Ave built?
508 5th Ave was built in 1950.
How does 508 5th Ave compare to others on 5th Ave?
We track 8 other properties on 5th Ave. Browse the list under "Other properties on 5th Ave" to compare beds, baths, and sale history.
What are the property facts for 508 5th Ave?
508 5th Ave is a 3 bed, 2 bath, 1,584 sqft, 8,276 sqft lot single_family.
Is 508 5th Ave a flip candidate?
Yes — 508 5th Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 508 5th Ave a tax-appeal candidate?
No — 508 5th 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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