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7052 E Lamar Alexander Pkwy, Townsend, TN, 37882

$1,550,000

Home List Price

$10,000*

Closing Credit

0 Baths
8,940 SqFt
$173/SqFt
House

Location

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7052 E Lamar Alexander Pkwy, Townsend$1,550,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOn Premise Parking
Year Built1972
HeatingOther, Electric
CoolingWall/Window Unit(s)
MLS #1282886
StatusActive

About 7052 E Lamar Alexander Pkwy

Presenting The Trailblazer, an investment opportunity featuring 16 units in the heart of Townsend, TN. The property is located just 8 minutes from the entrance of the Great Smoky Mountain National Park, the most visited park in the United States, and is near both Pigeon Forge and Gatlinburg which offer a variety of attractions and activities. The recently renovated property is turn-key, showcasing brand-new kitchenettes, fixtures, and furniture ensuring residents a modern and comfortable experience. Outside, the facade and landscaping of the property have been updated and firepit areas and grills have also been added. Alternatively, the property could also be operated as a motel or as short term rentals. This option capitalizes on a market with limited competition, presenting an opportunity to increase the NOI.

Property Details

Property Features

Property Information:

  • Year Built: 1972
  • Living Area: 8,940 SqFt

Listing Office:

  • Office Name: SVN I Wood Properties
  • Office Phone: (865) 637-7777

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator
  • Flooring Type: Laminate

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Premise Parking

Utilities

Utilities Information:

  • Heating: Other, Electric
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: GO THRU MARYVILLE TN TO TOWNSEND TN. PROPERTY ON RIGHT.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,550,000
  • Price Per SqFt: $173/SqFt

Tax Information:

  • Annual Amount: $3,572
  • Tax Year: 2020
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Housing Market Comparison

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

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Townsend, TN

City

Med. Sold Price

$447K

Med. Price/SqFt

$305

Avg. Days On Market

130

# of Sold Homes

5

7052 E Lamar Alexander Pkwy vs Townsend

42 DAYS ON ROCKET

-88 Days

$1,550,000

+$1.1M More

$173/SqFt

-$132 Less

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $132/SqFt less than other homes in Townsend, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1282886

Listing Office:

  • Office Name: SVN I Wood Properties
  • Office Phone: (865) 637-7777

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: 12/30/2024, 10:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,572$144,600
2019$3,800$144,600
2018$3,800$153,840
2017$3,800$153,840

History based on county public records data.

Payment Calculator

$7,803

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,713

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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-2241109
5
/10

  • Townsend Elementary School

  • 140 Tiger Dr

  • 1.98 miles

  • Public District Grades PK-5

school-card-donut-2241110
5
/10

  • Walland Elementary School

  • 247 E Millers Cove Rd

  • 3.59 miles

  • Public District Grades PK-5

school-card-donut-2241111
6
/10

  • Porter Elementary School

  • 4520 Wildwood Springs Rd

  • 9.61 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,099. The majority of Townsend, TN residents have income between $35k-100k annually. Typical family type is married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7052 E Lamar Alexander Pkwy

What is the listing price of this property?

The listing price of 7052 E Lamar Alexander Pkwy property is $1,550,000.

What type of property is this?

The property 7052 E Lamar Alexander Pkwy is a house located in Townsend, Tennessee, 37882.

Is this property for sale now?

Active Listing: 7052 E Lamar Alexander Pkwy is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,572 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 7052 E Lamar Alexander Pkwy is 8,940 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7052 E Lamar Alexander Pkwy is 1972.

Rocket Homes›Tennessee›Blount County›Townsend›37882›7052 E Lamar Alexander Pkwy

This home is located at 7052 E Lamar Alexander Pkwy in Townsend, TN and zip code 37882. This 8,940 square foot home was built in 1972. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $1,550,000.

Townsend, TN housing market in November 2024 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 4 sold below. The number of listings in Townsend, TN decreased by 2% between October 2024 and November 2024. Listings spent 130 days on the market in November 2024, and had a median list price of $447,000 during the same period.

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

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