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403 W 5th Ave, Lenoir City, TN, 37771

3beds
2baths
1,434sqft
$325,000
$227price/sqft
$2,033/moest. monthly cost
$81,320/yrincome needed

About This Home

TWO HOMES FOR THE PRICE OF ONE! Live in the main home and collect rent on the second! Or rent both properties! The main home is a 2 bedroom Ranch with updated flooring, paint, bath, newer HVAC, metal roof, tall 9 1/2 foot ceilngs. Fireplace has been closed off. Second property is a 1 bedroom, 1 bathroom with garage below, metal roof and separate HVAC and utilities, currently leased for $900 monthly. Downtown Lenoir City is a vibrant walkable city which has recently become a hot spot with continued revitalization! Close to Interstates, Loudon and Knoxville!

Getting Around

42
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

4/10
6/10
6/10
Lenoir City High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1932

Materials

  • Construction materials: Wood Siding,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage,Historic
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Refrigerator,Self Cleaning Oven

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Window features: Wood Frames
  • Flooring: Carpet,Vinyl
  • Fireplace features: Other

Heating & Cooling

  • Heating features: Central,Forced Air,Natural Gas,Electric
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 1,434
  • Total interior livable area: 1,434 sqft

Property

Details

  • Parcel number: 020K N 003.00

Features

  • Has view: Yes
  • View description: City

Lot

  • Lot size: 6,098 sqft
  • Features: Level
  • Lot size dimensions: 50 x 142.5

Parking

  • Total spaces: 1
  • Parking features: Off Street,Attached,Basement,Main Level
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
  • Earthquake
    EarthquakeModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Earthquake
Tornado
Winter Weather

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 $1,643$19,716
Home Insurance $123$1,476
Property Taxes $92$1,104
Electricity $175$2,103
Total$2,033$24,396

Income You'd Need if You Spent...

35% on housing$69,702/yr
40% on housing$60,990/yr
45% on housing$54,213/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

$227This listing

vs Other Active Listings

Avg $/sqft

ZIP 37771$174
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
2026-04-29Price change$325,000
2026-02-05Listed for sale$349,000
2024-07-06Listing removed--
2024-03-30Listed for sale$299,900
2022-02-28Sold$162,000
2022-02-14Pending sale$179,900
2022-02-04Price change$179,900
2022-02-01Pending sale$188,900
2022-02-01Listed for sale$188,900
2022-01-26Pending sale$188,900
2022-01-20Listed for sale$188,900
2022-01-12Pending sale$188,900
2022-01-08Listed for sale$188,900
2021-12-16Pending sale$188,900
2021-12-14Price change$188,900
2021-12-08Listed for sale$198,000

For Sale by Agent

AgentKrista Freshour
BrokerageHonors Real Estate Services LLC

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