514 Wilson St

Lenoir City, TN 37771

$180,000
Last Sold Price
—
Beds
—
Baths
2,008 Sq. Ft.
$90 / Sq. Ft.
2,008
Sq. Ft.
$90
per Sq. Ft.
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Closed 9/30/19
Closed 9/30/19
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Description

Excellent Investment Opportunity For Investors & Retirees Looking For Greater Cash Flow & Retirement Income 1004 SF Finished Per Apt New 50 Yr. Medal Roof (Fall 2017) New Window World Vinyl Insulated Low-E Windows (May 2019) Lifetime Thompson Waterproofing Warranty Two Separate All Brick Duplexes Custom Built By Owner Located On Adjacent Lots Offer Investor Or Homeowner Apartment Home (Unit 518 Under Contract Pending Sale, Vacant & Available To Show Thru Showing Time) Gross Rental Income $17,400...Excellent Investment Opportunity For Investors & Retirees Looking For Greater Cash Flow & Retirement Income 1004 SF Finished Per Apt New 50 Yr. Medal Roof (Fall 2017) New Window World Vinyl Insulated Low-E Windows (May 2019) Lifetime Thompson Waterproofing Warranty Two Separate All Brick Duplexes Custom Built By Owner Located On Adjacent Lots Offer Investor Or Homeowner Apartment Home (Unit 518 Under Contract Pending Sale, Vacant & Available To Show Thru Showing Time) Gross Rental Income $17,400 Presently Long Term Tenants Cheap Lenoir City/Loudon County Taxes Only $1395/Yr. Both Apt. Units Are Separately Metered For Water/Gas/Electric Air Conditioning (Rhemm) Tenants Want To Stay $775/Month Possible 518 Wilson St. Under Contract Pending Sale cCosing 8/31/19.
  1. Listed by Philip Cobble • Phil Cobble Fine Homes & Land

Property Details for 514 Wilson Street

Sub division Name
Dan Jones Farm - Resub
LISTING UPDATED: 10/06/2021 05:11 AM

Property Details for 514 Wilson Street

StatusClosed
MLS #1084440
Days on Market15
Taxes$1,395 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1995
Lot Size0.23 AC / 10,018 SF
CountyLoudon County
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Location

Listing Courtesy of Phil Cobble Fine Homes & Land, Philip Cobble

Sold By Phil Cobble Fine Homes & Land, Philip Cobble (865.805.4664)

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Building Information for 514 Wilson Street

Stories-Residences2Year Built1995Building Size-Lot Size0.23 AC / 10,018 SF

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$1,023 per month

30 year fixed, 6.46% Interest

Principal and Interest

$906

Property Taxes

$116

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 514 Wilson Street

Summary
Location and General Information
  • City: Lenoir City
  • County Or Parish: Loudon County - 32
  • Directions: I-75 Southbound From Knoxville, Take Exit 81 (Lenoir City Exit), Turn (L) Red Light Onto Hwy. 321, Drive 2/10 Mile (R), Town Creek Rd, Drive 1.4 Miles, Turn (R) Old Hwy 95, Drive 1/10 Mile (R) Wilson Street to Duplexes.
  • Latitude: 35.808247
  • Longitude: -84.280105
  • MLS Area Major: Loudon County - 32
  • MLS Area Minor: Loudon County - 32
  • Postal Code: 37771
  • State Or Province: TN
  • Location Tax Legal Info Area: Loudon County - 32
  • Remarks Misc Directions: I-75 Southbound From Knoxville, Take Exit 81 (Lenoir City Exit), Turn (L) Red Light Onto Hwy. 321, Drive 2/10 Mile (R), Town Creek Rd, Drive 1.4 Miles, Turn (R) Old Hwy 95, Drive 1/10 Mile (R) Wilson Street to Duplexes.
Parking
  • General Property Description Driveway: Asphalt
  • Garage Parking On Premise Parking: True
  • Garage Parking None: True
School Information
  • Elementary School: Eatons
  • High School: Lenoir City
  • Middle Or Junior School: Lenoir City
  • Location Tax Legal Info Elementary School: Eatons
  • Location Tax Legal Info Middle School: Lenoir City
  • Location Tax Legal Info High School: Lenoir City
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 020bb014.00
  • Owner Expenses Taxes: True
  • Location Tax Legal Info Total Tax: 1395.27
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 10019.0
  • Lot Size Units: Square Feet
  • Lot Size Square Feet: 10019.0
  • Year Built: 1995
  • Building Area Total: 2008.0
  • Living Area Source: Tax Records
  • Lot Size Acres: 0.23
  • Lot Size Dimensions: 100 X 100
  • General Property Description SqFt - Source: Tax Records
  • General Property Description Lot Dimensions: 100 X 100
  • General Property Description Lot Size SqFt: 10019.0
Property and Assessments
  • Possession: At Closing
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
  • Possession At Closing: True
Utilities
  • General Property Description UtilitiesMo Avg: 45.0
  • Fuel Electric: True
  • Fuel Gas (Natural): True
  • Miscellaneous TV Cable Available: True
  • Miscellaneous Utility Room: True
  • Miscellaneous WasherDryer Cnctns: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch - Covered, Patio
  • Construction Materials: Brick
  • Siding Brick: True
  • Exterior Features Patio: True
  • Exterior Features Porch - Covered: True
  • Miscellaneous Patio: True
  • Miscellaneous Porch: True
Interior Features
  • Bathrooms Total Integer: 0
  • Kitchen Appliances: Self Cleaning Oven, Dishwasher, Refrigerator, Smoke Detector, Microwave
  • Flooring: Laminate, Parquet
  • Heating: Yes
  • Cooling Ceiling Fan(s): True
  • Cooling Central Cooling: True
  • Floors Laminate: True
  • Floors Parquet: True
  • Heat Central: True
  • Heat Forced Air: True
  • Appliances Dishwasher: True
  • Appliances Microwave: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Appliances Self Cleaning Oven: True
  • Appliances Smoke Detector: True
  • Other Rooms Breakfast Room: True
  • Other Rooms Family Room: True
  • Other Rooms Foyer: True
  • Other Rooms Mstr Bdrm Main Level: True
  • Other Rooms OfficeBR Main Level: True
  • Roof Roof Info: Metal Roof
Multi Family
Income & Expenses Information
  • Gross Income: $17,400.00
  • Net Operating Income: $14,400.00
  • OperatingExpense: $3,000.00
Multi-Family Information
  • Number Of Units Total: 2
  • Type of Units 2 Bedroom Unit: True
  • Type of Units Garden: True
  • Income Expenses Gross Annual Income: 17400.0
  • Income Expenses Annual Oper Expenses: 3000.0
Rental
Rent Information
  • General Property Description Number of Units Leased: 2.0
  • General Property Description Restrictions: Yes
  • General Property Description Lease Information: Unit 518 is Vacant For Purpose Of Showing To Buyers - Duplex 2 Bed/1 Units Have Identical Floor pla
  • Tenant Expenses Cooling: True
  • Tenant Expenses Electricity: True
  • Tenant Expenses Gas: True
  • Tenant Expenses Heating: True
  • Tenant Expenses Tenant Pays All Utilities: True
  • Tenant Expenses WaterSewer: True

Property History for 514 Wilson Street

DateEvent & SourcePriceAppreciation
Sep 30, 2019

Closed (Public Record)

Public Record #654058164

$180,000—
Sep 30, 2019

Closed

KAARMLS #1084440

$180,000—
Aug 6, 2019

Contract - Not Showing

KAARMLS #1084440

—
DateEvent & SourcePrice
09/30/2019

Closed (Public Record)

Public Record #654058164

$180,000
09/30/2019

Closed

KAARMLS #1084440

$180,000
08/06/2019

Contract - Not Showing

KAARMLS #1084440

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 514 Wilson Street

Taxable ValueLand$9,520Additions$58,360Total$67,880
Tax Record2025$1,584 ($132 / month)
Home Facts
Total Finished SqFt1,878 SqFtAbove Grade Finished SqFt1,878 SqFtStories1Lot Size10,481 SqFtStyleDuplexYear Built1995Year Renovated2002ZoningC-3CountyLOUDONAPN020B B 01400

Schools near 514 Wilson Street

This home is within Lenoir City School District.
Rating
School
Type
Grades
Distance
Lenoir City Elementary School
Public - PK to 3
The iLearn Institute at Lenoir City Schools
Public - K to 12
Lenoir City Middle School
Public - 4 to 8
Lenoir City High School
Public - 9 to 12
Rating
School
Distance
Lenoir City Elementary School
PublicPK to 3

The iLearn Institute at Lenoir City Schools
PublicK to 12

Lenoir City Middle School
Public4 to 8

Lenoir City High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Phil Cobble Fine Homes & Land, Philip Cobble

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 10/06/2021 05:11 AM