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Discover Your Dream Home | Impeccable Renovation | Prime Location in Lenoir City, Tennessee

August 1, 2023 By Troy Stavros



Welcome to 8103 Ford Road in Lenoir City, Tennessee, where livability and convenience come together to create the perfect home for you! This gem is ideally situated just a short 4-minute drive to Farragut and less than 30 minutes from Downtown Knoxville, ensuring you’re never far from the heart of the action. With Interstate 40/75 just 8 minutes away and HWY 321 in close proximity, getting around town has never been easier.


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8103 Ford Rd, Lenoir City, TN 37772

$355,000

Virtual Tour

https://tours.storymaker360.com/tours/Hz4K3RhMQ
Property Type: Single Family Bedrooms: 3 Square Footage: 1,352 Lot Size (sq. ft.): 14,810 Status: Closed
Current Price: $355,000 List Date: 8/06/2023 Last Modified: 12/21/2023

Description

Welcome to 8103 Ford Road in Lenoir City, Tennessee, where livability and convenience come together to create the perfect home for you! This gem is ideally situated just a short 4-minute drive to Farragut and less than 30 minutes from Downtown Knoxville, ensuring you're never far from the heart of the action. With Interstate 40/75 just 8 minutes away and HWY 321 in close proximity, getting around town has never been easier. Imagine having a multitude of shopping options, delectable restaurants, grocery stores, and even a hospital within a mere 5 minutes from your doorstep. This prime location ensures that all your daily needs are effortlessly met, saving you valuable time for the things that truly matter. For those who love the water and outdoor activities, you're in luck! Enjoy the luxury of being only 10 minutes away from Fort Loudon Marina and lake access, allowing you to indulge in boating, fishing, and waterfront relaxation. If you prefer urban excursions, the Turkey Creek Shopping area in Farragut is a mere 15 minutes away, offering an array of retail therapy and entertainment. Attention investors, this home's strategic location opens up a world of possibilities! Along with its proximity to Farragut and Knoxville, this home is just 47 minutes away from the breathtaking Great Smoky Mountain National Park, which could make this property is an excellent option for short, medium, or long-term rentals. Your guests will relish the convenience of being close to everything local and still less than an hour from the park's natural wonders, creating an unforgettable experience and attracting repeat visitors. Besides its fantastic location, this one-level home boasts a remarkable renovation that ensures modern comfort and style. With 3 bedrooms, an additional separate office, and a convenient laundry room, there's ample space for everyone. The 2 fully updated baths add a touch of luxury to your daily routine. Prepare to be enchanted by the heart of this home - the stunning kitchen. Revel in the elegance of new white cabinets, beautiful granite counters, and stainless appliances. The kitchen's inviting island overlooks both the family room and dining area, creating a seamless flow for everyday living and entertaining. The thoughtful split floor plan situates the office and owner's suite on the opposite side of the house from the other bedrooms, ensuring maximum privacy and tranquility. The perfect arrangement for unwinding after a long day. Step outside and discover your own private oasis. Just off the kitchen, the back deck offers a charming spot to savor morning coffee or host delightful gatherings with friends and family. And let's not forget the expansive flat backyard, an open canvas for creating your dream outdoor space. Additional perks include a large utility shed in the backyard, providing valuable extra storage for all your needs. Last but not least, rejoice in the benefits of lower Loudon County taxes. With so much to offer, 8103 Ford Road is more than just a home; it's a lifestyle upgrade that you won't want to miss. Experience the perfect harmony of livability and convenience - schedule a showing today and make this delightful property yours! First-time homebuyers take note! Offered at only $350,000 and eligible for 100% financing through USDA!

More Information MLS# 1234957

Location Tax Legal Info

House #: 8103 Street Name: Ford St Suffix: Rd State/Province: TN Zip Code: 37772 PIN #: 010 111.09 Geo Lat: 35.843988 Geo Lon: -84.258053

Contract Info

Auction Y/N: No Listing Price: 345000 Current Price: $355,000 Status: Closed Listing Date: 2023-07-31

General Property Description

Type: Ranch Acres: 0.34 Acre Source: Tax Records Site Built: Yes Restrictions: No SqFt - Total (Aprox): 1352 SqFt - Main Lvl: 1352 # Bedrooms: 3 Baths - Full: 2 # of Rooms: 8 Fireplace: No Property Status: N/A HOA: No Year Built: 1972 Bonus Room: No

Status Change Info

Status Change Date: 2023-09-29 Under Contract Date: 2023-08-25 Sold Date: 2023-09-29 Sold Price: $355,000

Property Features

Style: Traditional Construction: Frame Siding: Vinyl Basement: Crawl Space Lot Description: Level Fireplace: None Floors: Tile; Vinyl Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector Sewer: Septic Tank Water: Public Other Rooms: Bedroom Main Level; Den/Study; Family Room; Laundry/Utility; Mstr Bdrm Main Level; Office; Split Bedroom Misc Features: Internet Available; Kitchen Island; Pantry; Washer/Dryer Connect Exterior Features: Deck; Patio; Windows - Insulated Outbuildings: Storage Shed Dining Area: Kitchen/Dining Rm Co Showing: See Agent Instructns New Financing: Cash; Conventional; FHA; New Loan; USDA/Rural; VA Loan

Room Information

Family Room Kitchen Dining Room Master Bedroom Bedroom 2 Bedroom 3 Office Utility Room
Listing Office: Doorbell Real Estate
Office Phone: 888-388-3667
Last Updated: December - 21 - 2023
8103 Ford Rd, Lenoir City, TN 37772- MLS# 1234957
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

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Filed Under: 865 Real Estate Listings Tagged With: Buying a home East Tennessee, east tennessee real estate, Family-friendly neighborhoods, Farragut Homes for sale, Fort Loudon Marina access, Great Smoky Mountain National Park proximity, Home for sale Tennessee, House hunting Farragut TN, Knoxville properties, Lenoir City houses, Luxury living East Tennessee, Prime location homes, real estate investment, Selling real estate Knoxville, Tennessee investment properties, Tennessee waterfront homes, Top-rated schools Farragut

Farragut TN Housing Market Update: July 12th Edition | Prices, Sales, Inventory, and Future Outlook

July 12, 2023 By Troy Stavros


Welcome to our latest Farragut TN Housing Market Update! In this video, we’ll provide you with comprehensive insights into the local Farragut, Tennessee real estate market, focusing on key metrics such as prices, sales, inventory, and future projections. Whether you’re a homeowner in Farragut, buyer in Farragut, seller in Farragut, or simply interested in the Farragut TN housing market trends, this video is packed with valuable information to help you make informed decisions.

Our expert analysis takes into account the latest data available up to July 12th, offering you an up-to-date snapshot of the Farragut TN housing market. We’ll delve into the current pricing trends, examining how Farragut home prices have changed and what factors are influencing these fluctuations. Additionally, we’ll explore the sales activity, highlighting any notable patterns or shifts in demand.

Furthermore, we’ll discuss the inventory levels in Farragut TN and how it impacts the market dynamics. Understanding the supply of available homes in Farragut is crucial for both buyers and sellers, as it influences pricing and negotiation power.

To provide you with a well-rounded view, we’ll also engage in future casting, giving you our expert insights and predictions regarding the direction the Farragut TN housing market may take. We have thoroughly analyzed various factors such as economic indicators, local developments, and regional trends to offer you a glimpse into what the future may hold for the Farragut Tennessee real estate landscape.

Whether you’re a seasoned investor, a first-time homebuyer, or someone looking to sell their property, staying up-to-date with the local Farragut TN housing market is essential. Watch our video to gain a competitive edge and make informed decisions. Don’t miss out on this valuable opportunity to understand the Farragut TN housing market better!

Remember to like this video, subscribe to our channel, and hit the notification bell to stay updated with the latest market updates. If you have any questions or want us to cover specific topics in future videos, please leave a comment below. Let’s dive into the Farragut TN housing market together!

Have questions? Need help buying or selling a home in Farragut or anywhere in East Tennessee? Want to know what your home is worth? Contact (call or text) Troy Stavros with CornerStone Realty Associates today at 865-999-0925.

Filed Under: Blog, Home Buying, Home Market News, Home Selling Tagged With: Economic indicators, Expert analysis, Farragut housing, Farragut TN, Future outlook, Home Selling, Homebuying, housing inventory, Housing Market, housing market forecast, Housing market insights, Housing market overview, housing market update, housing prices, Local developments, Market analysis, Market dynamics, Market insights, Market trends, Market updates, Property market, real estate investment, real estate market, real estate trends, Regional trends, Sales activity

How to Increase Your Home Equity Over the Next 5 Years

August 1, 2019 By Troy Stavros

How to Increase Your Equity Over the Next 5 Years | MyKCM

Many of the questions currently surrounding the real estate industry focus on home prices and where they are heading. The most recent Home Price Expectation Survey (HPES) helps target these projected answers.

Here are the results from the Q2 2019 Survey:

  • Home values will appreciate by 4.1% in 2019
  • The average annual appreciation will be 3.2% over the next 5 years
  • The cumulative appreciation will be 16.8% by 2023
  • Even experts representing the most “bearish” quartile of the survey project a cumulative appreciation of over 6.7% by 2023

What does this mean for you?

A substantial portion of family wealth comes from home equity. As the value of a family’s home in Knoxville (an asset) increases, so does their equity.

Using the projections from the HPES, here is a look at the potential equity a family could earn over the next five years if they purchased a $250,000 home in January of 2019:How to Increase Your Equity Over the Next 5 Years | MyKCM

Based on gains in home equity, their family wealth could increase by $42,000 over that five-year period.

Bottom Line

If you don’t yet own a home, now may be the time to purchase. Owning or moving up to your dream home could allow you to ride the increase in equity of a growing asset. Ready to get started? Contact me, Troy Stavros with CornerStone Realty Associates at 865-999-0925 today!

Home Price Expectation survey – Every quarter, Pulsenomics surveys a distinguished panel of over 100 economists, investment strategists, and housing market analysts regarding their 5-year expectations for future home prices in the United States.

Filed Under: Blog, Home Buying, Home Market News Tagged With: Doorbell Real Estate, Franklin TN, home price appreciation, home prices, Knoxville, Nashville, real estate investing, real estate investment, Troy Stavros

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Copyright 2024 - Troy Stavros - CornerStone Realty Associates, LLC - 865-966-9700 - 12748 Kingston Pike Suite 206, Knoxville, TN 37934 *Some or all of the listings displayed on this site may not belong to CornerStone Realty Associates, LLC. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable, but is not guaranteed.