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507 7th Ave

Lenoir City, TN 37771

2 bd 1 ba 2,066 sqft Built 1946 Lot 19,166 sqft single_family
Most recent sale
$115,000
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 26, 2022 Listed for rent $1,850 RentRedi
Jun 24, 2022 Sold $115,000 MLS #1189670
May 2, 2022 Listed $115,000 MLS #1189670

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $15,650 $405
2019 $15,650 $404
2018 $15,650 $394
2017 $15,650 $394
2016 $16,100 $422
2015 $16,100 $419
2014 $16,100 $419
2013 $16,100 $419
2012 $16,425 $411
2011 $16,200 $406
2010 $16,200 $406
2009 $16,200 $395
2008 $13,200 $406

Property facts

Year built
1946
Property type
single_family
Stories
Beds
2
Baths
1
Living area
2,066 sqft
Lot size
19,166 sqft
ZIP code
37771
City
Lenoir City
Street
7th Ave
Coordinates
35.79377, -84.27568

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
$690
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 507 7th Ave last sell?
507 7th Ave most recently sold on Jun 24, 2022 for $115,000.
What is the current tax assessment for 507 7th Ave?
The most recent total assessment for 507 7th Ave (year 2020) is $15,650 with $405 in property tax.
How does 507 7th Ave's assessment compare to its last sale price?
The current assessment is 86.4% below the last sale price of $115,000.
When was 507 7th Ave built?
507 7th Ave was built in 1946.
How does 507 7th Ave compare to others on 7th Ave?
We track 8 other properties on 7th Ave. Browse the list under "Other properties on 7th Ave" to compare beds, baths, and sale history.
What are the property facts for 507 7th Ave?
507 7th Ave is a 2 bed, 1 bath, 2,066 sqft, 19,166 sqft lot single_family.
Is 507 7th Ave a flip candidate?
No — 507 7th Ave does not appear in our flips dataset.
Is 507 7th Ave a tax-appeal candidate?
No — 507 7th 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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