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311 Bussell Ferry Rd, Lenoir City, TN, 37771

2beds
1baths
915sqft
$238,500
$261price/sqft
$1,537/moest. monthly cost
$61,480/yrincome needed

About This Home

This charming, convenient, 2 bedroom 1 bath home in the heart of Lenoir City offers a lot of recent updates! The roof, gutters, tankless water heater, Luxury Vinyl Plank flooring, range, refrigerator, and ThinQ microwave are 3 years old. Three split unit heating and cooling systems are brand new. Vaulted ceilings throughout feel roomy and spacious. Stacked washer/dryer are negotiable. Freshly painted inside and a new concrete pad for parking. Within walking distance to Broadway and just minutes to the lake which offers swimming, a beach, boat docks, restaurants and a boat ramp. Convenient to shopping, hospital, local parks and the Smoky Mountains!

Getting Around

39
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

4/10
6/10
6/10
Lenoir City High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1960

Materials

  • Construction materials: Vinyl Siding,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Slab

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Walk-In Closet(s),Kitchen Island,Eat-in Kitchen
  • Window features: Insulated Windows
  • Fireplace features: None

Heating & Cooling

  • Heating features: Zoned,Electric
  • Cooling features: Zoned

Interior Area

  • Total structure area: 915
  • Total interior livable area: 915 sqft

Property

Details

  • Parcel number: 020M C 01700 000

Features

  • Has view: Yes
  • View description: City

Lot

  • Lot size: 3,049 sqft
  • Features: Corner Lot,Irregular Lot,Rolling Slope

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Winter Weather
Earthquake
Inland Flooding
Ice Storm
Tornado

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,205$14,460
Home Insurance $90$1,080
Property Taxes $67$804
Electricity $175$2,103
Total$1,537$18,444

Income You'd Need if You Spent...

35% on housing$52,697/yr
40% on housing$46,110/yr
45% on housing$40,986/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.5%
7.5%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -3.1%
-3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$261This listing

vs Other Active Listings

Avg $/sqft

ZIP 37771$176
Loudon County$237

vs Homes Sold Last Month

Median $/sqft

ZIP 37771$209
Loudon County$227

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-28Listed for sale$250,000
2026-04-24Listing removed$255,500
2026-04-06Price change$255,500
2026-03-02Price change$260,000
2025-12-03Price change$265,000
2025-11-12Listed for sale$280,000
2023-01-12Sold$202,000
2022-12-01Pending sale$195,000
2022-11-29Price change$195,000
2022-11-21Price change$199,000
2022-11-09Listed for sale$199,900
2022-11-04Pending sale$199,900
2022-10-31Price change$199,900
2022-10-26Price change$209,900
2022-10-17Price change$214,900
2022-10-04Listed for sale$219,900

For Sale by Agent

AgentJeff Bendy
BrokerageKnox Realty

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