Lenoir City
Real Estate
How pending residential development in Blount can help "affordable housing"
To tackle the topic of “affordable housing” in Blount County, leadership with the cities of Maryville and Alcoa started by asking for a definition of the phrase. Government subsidies are one side of affordable. But for the most part, it refers to the low to medium income class — the young couple looking for a first home or retiree looking for a last. During a briefing with the Alcoa Board...
Maryville College sells Wright House, invests in House in the Woods
Maryville College plans to invest the proceeds from selling a home on Court Street in updating the House in the Woods to become the official guest house for the campus With approval from the board of the directors, the college last month sold Wright House for $470,000 to Lydia Tolman and Jonathan Zwayer Jones, real estate records show. Alumna Nathalia Wright bequeathed her home at 627 Court St. to the...
$70 million apartments would create live-work neighborhood inside Alcoa technology park
Ramston Capital, a Nashville-based developer, is investing between $70-$80 million to build a mixed-use residential project at Pellissippi Place, a research and development park in Alcoa. The apartments will add a critical quality of life element to the planned live-work technology park, intended to be a self-contained community within Blount County and home to tech...
Planned Maryville townhome subdivision dropped units for approval
Developers redesigned plans for a new subdivision off Jett Road in Maryville to meet municipal requirements. In May, the Maryville Planning Commission denied the subdivision request from developer Turner Homes, LLC. because two cul-de-sacs were over 300 feet longer than the city allows. The revised plan that the planning commission voted favorably for in July shortened each roadway by removing 21 townhomes and adding a second entrance to the subdivision. ...
'Have a better conversation': Maryville Huddle holds virtual housing affordability panel
Nonprofit leaders and real estate industry professionals gathered virtually Thursday, July 27 to discuss housing affordability at a panel hosted by Maryville Huddle. For the panel’s speakers, addressing rising rents and home costs will be crucial to improving Blount County residents’ quality of life. Yet, they acknowledged, the panel’s purpose was limited to opening a conversation. “This is just a panel conversation. We’re not going to walk out of here...
Main Street Lofts expansion, development OK'd
The Oak Ridge City Council has approved new details for a development near Tulane Avenue. The plan involves two apartment buildings containing 120 units, which will be a second phase of the existing Main Street Lofts apartments to the north. The buildings will be four stories tall, meaning they will need to include elevators. ...
Property Transactions: July 13
Following are recent property transactions recorded in the Loudon County Register of Deeds office:. • WR Development Corporation to the Pater Family Trust, warranty deed, District 3, Rarity Pointe, phase 2, lot 202, section 1, $298,600. May 18. • Verena Gillis and Peter J. Gillis Sr. to T&K Development LLC,...
New Maryville apartment complex jumps hoops to develop
A 96-unit apartment complex in Maryville is on its way to construction. While developers, Myers Development, have had the complex planned for a couple of years now, it wasn’t until a roadway improvement project in Maryville made the complex possible. By December 2022, the city of Maryville is planning to be finished with extending Foothills Mall Drive farther past its intersection with Alcoa Highway. It will connect to the north...
Oak Ridge area home prices rise 6.3% in June
A typical Anderson County home listed for $337,500 in June, up 6.3% from the previous month's $317,450, an analysis of data from Realtor.com shows. The median list home price in June was up about 18.4% from June 2021. Anderson County's median home was 1,858 square feet for a listed price of $169 per square foot.
Property Transactions: July 6
Following are recent property transactions recorded in the Loudon County Register of Deeds office:. • Peter L. Liard and Catherine S. Liard to Neville M. Wilson and Tamika R.H. Wilson, warranty deed, District 3, Rarity Pointe, phase 1, lot 70R1, $796,550. • Tennessee National LLC to Kenneth R. Mammoser and...
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