2 months on rocket

20370 W Lee Hwy, Philadelphia, TN, 37846

$600,000

Home List Price

$7,125*

Closing Credit

0 Baths
4,746 SqFt
$126/SqFt
House

Location

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20370 W Lee Hwy, Philadelphia$600,000

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOther
Year Built1960
HeatingOther
MLS #1279428
StatusActive

About 20370 W Lee Hwy

Sunrise Inn is currently operated as a daily/weekly/monthly rental. The property is ideally positioned for renovations and updates, resulting in increased revenue for investors. The seller enjoys 100% occupancy due to the property's convenient location and the lack of short-term rentals in the Philadelphia/Loudon area. Long-term occupancy history. Value add. Demonstrated need for short-term rentals in the area. One of the fastest growing counties in Tennessee. New Metal Roof in 2015. The seller also owns the .74-acre parcel across the street, which can be purchased for $100,000.

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Living Area: 4,746 SqFt

Listing Office:

  • Office Name: NAI Koella l RM Moore
  • Office Phone: (865) 777-3030

Interior Features

Interior Information:

  • Appliances: Other
  • Flooring Type: Laminate, Other

Exterior Features

Exterior Information:

  • Exterior: Cable Available (TV Only)

Parking Information:

  • Attached Garage: No
  • Parking: Other

Utilities

Utilities Information:

  • Heating: Other

Other

Directions Information:

  • Directions: Corner of Hwy 11 & Pond Creek Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $600,000
  • Price Per SqFt: $126/SqFt
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Housing Market Comparison

See how this home compares to others in Philadelphia, TN.

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Philadelphia, TN

City

Med. Sold Price

$247K

Med. Price/SqFt

$151

Avg. Days On Market

134

# of Sold Homes

3

20370 W Lee Hwy vs Philadelphia

68 DAYS ON ROCKET

-66 Days

$600,000

+$353K More

$126/SqFt

-$26 Less

KEY TAKEAWAY

This property is $353K more than the Median Sold Price and $26/SqFt less than other homes in Philadelphia, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1279428

Listing Office:

  • Office Name: NAI Koella l RM Moore
  • Office Phone: (865) 777-3030

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:51:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 25, 2005Home Sold
$65,000
Jul 25, 2005Home Sold
$65,000
Aug 06, 1993Home Sold
$76,650
Aug 04, 1993Home Sold
$76,650

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-892791
4
/10

  • Loudon Elementary School

  • 2175 Roberts Rd

  • 4.21 miles

  • Public District Grades PK-5

school-card-donut-892792
6
/10

  • Steekee Elementary School

  • 4500 Steekee School Rd

  • 4.32 miles

  • Public District Grades PK-5

school-card-donut-892793
3
/10

  • Brown Intermediate School

  • 135 Starrett St

  • 6.53 miles

  • Public District Grades 5-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,605. The most common annual income of people living in Philadelphia, TN is between $35k-100k. The majority of families are married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 20370 W Lee Hwy

What is the listing price of this property?

The listing price of 20370 W Lee Hwy property is $600,000.

What type of property is this?

The property 20370 W Lee Hwy is a house located in Philadelphia, Tennessee, 37846.

Is this property for sale now?

Active Listing: 20370 W Lee Hwy is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on July 25, 2005 for $65,000. (source: MLS/tax record).

What is the square footage of this property?

The property 20370 W Lee Hwy is 4,746 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20370 W Lee Hwy is 1960.

Rocket Homes›Tennessee›Loudon County›Philadelphia›37846›20370 W Lee Hwy

This home is located at 20370 W Lee Hwy in Philadelphia, TN and zip code 37846. This 4,746 square foot home was built in 1960. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $600,000.

In November 2024, from all listings sold in Philadelphia, TN there were more than 2 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. The number of listings in Philadelphia, TN decreased by 9.1% between October 2024 and November 2024. In November 2024 median list price was $247,000 and the average listing age was 134 days.

From Rocket Homes Real Estate and based on county public records data.

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