This property has 553 feet of frontage on Lamar Alexander Pkwy (321) and 501 feet on Canyon Road. It consists of approximately 7.27 acres and is sold as 3 separate parcels including: Parcel ID 095 018.02 1.76 acres; 095 018.04 .45 acres and 095 016.00 5.06 acres as evidenced in courthouse records. Zoned B-1, , Tourist Business District. Usage includes: stores, shops retail business, personal services, business support services, professional offices, restaurants, brew pubs, hotel, motel, bed & breakfast. Zoning board may permit additional uses upon approval. Buyer to verify acreage/dimensions.
Property Details
Property Features
Listing Office:
Office Name: Realty Executives Associates
Office Phone: (865) 983-0011
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 7.27 Acres
Other
Directions Information:
Directions: Take Hwy 321 North to Townsend. The property is located next to Big Valley Resort on the north side. It fronts Hwy 321 and is on the corner of 321 and Canyon Road. There are 3 separate, adjacent parcels totaling 7.27 (+/-) acres.
Price Information
Listing Price Info
Price Summary:
List Price: $555,000
Tax Information:
Annual Amount: $331
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Townsend, TN.
This property is $108K more than the Median Sold Price in Townsend, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1279549
Listing Office:
Office Name: Realty Executives Associates
Office Phone: (865) 983-0011
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,837
Per Month
Principal & Interest
$2,770
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,730
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Townsend Elementary School
140 Tiger Dr
Distance between this listing and this school1.98 miles
Public District Grades PK-5
5
/10
Walland Elementary School
247 E Millers Cove Rd
Distance between this listing and this school3.66 miles
Public District Grades PK-5
6
/10
Porter Elementary School
4520 Wildwood Springs Rd
Distance between this listing and this school9.67 miles
Public District Grades PK-5
Nearby Schools
5
/10
Heritage Middle School
3737 E Lamar Alexander Pkwy
Distance between this listing and this school6.99 miles
Public District Grades 6-8
5
/10
Wearwood Elementary School
3150 Wearwood Dr
Distance between this listing and this school8.64 miles
Public District Grades KG-8
8
/10
Coulter Grove Intermediate School
2025 Sevierville Rd
Distance between this listing and this school10.59 miles
Public District Grades 4-7
Nearby Schools
6
/10
Heritage High School
3741 E Lamar Alexander Pkwy
Distance between this listing and this school7.01 miles
Public District Grades 9-12
6
/10
Maryville Junior High School
805 Montvale Station Rd
Distance between this listing and this school11.05 miles
Public District Grades 8-9
7
/10
Samuel Everett School of Innovation
1500 Jett Rd
Distance between this listing and this school11.09 miles
The neighbors living near this home have an average income of $44,099. Residents of Townsend, TN typically earn between $35k-100k each year. Residents typically live in married, no kids family. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7062 E Lamar Alexander Pkwy
What is the listing price of this property?
The listing price of 7062 E Lamar Alexander Pkwy property is $555,000.
What type of property is this?
The property 7062 E Lamar Alexander Pkwy is land located in Townsend, Tennessee, 37882.
Is this property for sale now?
Active Listing: 7062 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 $331 (source: MLS/based on county public records data).
How much acreage is this property?
The property 7062 E Lamar Alexander Pkwy is 7.27 acres.
Interested in 7062 E Lamar Alexander Pkwy? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 7062 E Lamar Alexander Pkwy in Townsend, TN and zip code 37882. This home sits on a 7.27 acre lot. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $555,000.
In November 2024 more than 0 listings in Townsend, TN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 4 were sold below. The number of listings in Townsend, TN decreased by 2% between October 2024 and November 2024. In November 2024, listings were on the market for 130 days. During the same period, the median list price in this real estate market was $447,000.
From Rocket Homes Real Estate and based on county public records data.
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. 
Figure Skating
Figure Skating
NASCAR
Hunting
Dollar General
Bass Pro Shops
Wal-Mart
Applebees
Hardee's
Jimmy Johns
Cadillac
GMC
Oldsmobile
Classic Country
Oldies
New Country