Lenoir City
Real Estate
Potential home buyers can qualify for ADFAC assistance
Aid to Distressed Families of Appalachian Counties (ADFAC) is looking for qualified potential homeowners for two new homes in Oak Ridge. Prospective homeowners must have an annual income between 60%-80% of the Area Median Income for Anderson County and to credit qualify for a mortgage, typically a credit score of at least 640. Prospective homeowners are also required to take pre-purchase homebuyer’s education classes. Down payment assistance is available, according to the ADFAC news release.
Residential units are on the rise in Alcoa, Maryville
Actions taken the last several years have pushed Blount County into a new suburban era. Nearby Knoxville metro has continuously stretched the borders between its city and more-rural Blount County thin. Large companies are investing in Blount, bringing over 1,000 new jobs. Investors are realizing the potential for apartments, condos, townhomes and mixed use buildings — like the two or three story ones with a new-age coffee shop on the bottom and loft above. ...
Pellissippi Place apartment complex creates less invasive design for neighboring houses
Plans for the large apartment complex announced last August at the front of Pellissippi Place, where Pellissippi Parkway ends at Old Knoxville Highway, have slightly changed. Developer Ramston Capital LLC has reoriented the entrances by creating a new public roadway in between the buildings and Edgewood Acres neighborhood. Alcoa Regional/Municipal Planning Commission signed off on design changes and mixed use zoning for the property on Feb. 16. Alcoa city planner...
Maryville school board approves three home purchases
The Maryville Board of Education on Monday, Feb. 13, approved buying three houses as part of its expansion plans for Maryville High School. Two of the residences are vacant because the previous owners have died, and the third has tenants who will be allowed to stay until their current leases expire this summer, MCS Director Mike Winstead explained before the votes. “I like the fact that we’re not displacing families,”...
#48. Loudon County, Tennessee
- Population: 54,349 - Median home value: $238,100 (81% own) - Median rent: $893 (19% rent) - Median household income: $66,151 Just west of Knoxville, Loudon County offers proximity to modern conveniences while keeping the immediate surroundings peaceful. A regional airport is just a 30-minute drive away for holiday visits from friends and family.
Housing non-profit breaks ground on first new home in years
Affordable housing in Blount County may not be plentiful, but “it still has a pulse,” according to Bobby Eason, executive director of Foothills Community Development Corporation. FCDC is a nonprofit — a community housing development organization — that aims to help lower-income people become homeowners. As part of realizing that goal, contractors working for FCDC broke ground on a new three-bedroom house on Morganton Road in Maryville Wednesday, Jan. 11. ...
Farragut Topgolf property sold to new owners for a whopping price tag
The Topgolf property in Farragut sold to new owners on Jan. 5 for a whopping $35.7 million. That's more than four times what the seller paid for the land before the entertainment venue was built there. South Carolina-based company TN Knoxville Furrow LLC sold the property to ANS Property LLC...
Residential permits see slow-down
As the interest rates rise, residential permits in Loudon County are seeing numbers begin to come down from the past two years. James “Jim” Jenkins, Loudon County code enforcement director, said the total building permits issued up in December was 30. Jenkins said the total number of permits this past year was 749. “So when looking at numbers, there was a slight, very slight decrease throughout the year and then…...
Builders for Mills Street housing in Springbrook submit updated plans
Construction plans for over 100 new residences in Alcoa slightly changed as a different builder attached to the project. This planned neighborhood around Mills Street is part of developing the former ALCOA Inc. West Plant site into a city-center for Alcoa. Working with the same developer RealtyLink LLC, SK Builders Inc. took the project over from a Clayton Homes subsidiary, Goodall Homes, and added townhomes to their plans. Previously, plans submitted to the city showed 119 detached houses with no townhomes. ...
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