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Real Estate

Abandoned Places: Restoring the Eugenia Williams House

in News/Real Estate

KNOXVILLE, Tenn. — The dark brown brick mansion on Lyons View Pike in Knoxville is getting new life after decades of decay.

Dubbed the Eugenia Williams House, the 10,800 square foot English Regency style estate was built in 1941 for the daughter of Dr. David Hitt Williams, an East Tennessee physician who was one of the first investors in what would become the Coca Cola Company in 1902.

 

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Tennessee Community Assistance Corporation has resources for low-income homeowners

in Infrastructure/Nature/Real Estate

KNOXVILLE, Tenn. — It is no secret that there’s an affordable housing shortage across the state. But Tennessee’s Community Assistance Corporation housing director said there is help for homebuyers.

Retha Patton, the housing program director for Tennessee’s Community Assistance Corporation, said more people in Tennessee could get housing assistance. She said the biggest problem is that people may not know how to get the help they need.

 

Continue reading on wbir.com

‘A little confused’ | South Knoxville man helps street appeal high property appraisals

in News/Real Estate

KNOXVILLE, Tennessee — In South Knoxville, one man is helping his neighbors appeal their new property assessments.

His side of Scottish Pike — the one closest to Blount Avenue — saw an average appraisal increase of 561%.

On the other side of the railroad bridge — the one near Scottish Pike Park — the appraisal increases averaged closer to 87%.

 

Continue reading on wbir.com

Knoxville woman avoids rental scam after being lured in by a great deal

in News/Real Estate

KNOXVILLE, Tenn. (WATE) — The cost of renting an apartment or home is going up in East Tennessee and scammers are taking advantage. One Knoxville woman believed she found a great deal in Fountain City, but all along she was talking with a con artist.

Marie Weston lost $60 to the scammer, but the swindler also tried to use her debit card. Fortunately, the $1200 transaction fell through because Weston had taken quick action. It was the lure of an affordable rental apartment that initiated a lesson never to be forgotten.

 

Continue reading on wate.com

Contents of Tennessee’s largest mansion going up for auction: Take a look inside

in Real Estate

KNOXVILLE, Tenn. (WZTV) — Everything must go: Contents of Tennessee’s largest mansion, “Villa Collina,” are being auctioned off this weekend, including busts of historical figures, bathroom fixtures and even a slot machine.

Lavish items, like a custom bottle tree and oil paintings, are all up for grabs at the sale from Furrow Auction Co.

 

Continue reading on Fox17

Antebellum mansion, tucked amid Knoxville’s sprawl, sells for $2M

in Community/Real Estate

Knollwood dates to 1851. It once served as headquarters for a Civil War general.

KNOXVILLE, Tenn. — One of Knoxville’s most historic mansions — built before the Civil War and a survivor of the city’s sprawl — has sold for $2 million, records show.

Knollwood on Bearden Hill formally changed hands Nov. 15, according to Nick McBride, Knox County register of deeds. Longtime owner Schaad Commercial Investments LLC sold the property at 150 Major Reynolds Place to Knollwood Historic Preservation LLC, which had an initial filing date of Nov. 1, according to Tennessee Secretary of State records.

The look of the property has changed significantly over the last 20 years. Some drivers passing below on Kingston Pike might not even notice it.

Until the mid to late 1990s, when the property was redeveloped, it stood by itself on the broad, steep hill with a sweeping view toward the Appalachian Mountains. The brick house now shares space with a bank, an Italian restaurant and a Japanese restaurant.

It sits on property once owned by James White, according to the Center for Transportation Research.

Continue reading on 10News

Homes for Heroes® Assists 50,000th Hero with Buying a Home

in Community/Government/Infrastructure/Real Estate

Homes for Heroes ® is proud to announce it has helped more than 50,000 heroes buy or sell a home. The organization is committed to its mission of giving back to community heroes in honor of service within their communities. On October 26, an officer with the Knoxville Police Department collected keys to his home in Knoxville, Tennessee.

With the help of Nikki Moore, a Real Estate Specialist and a former law enforcement officer herself, the officer and his family purchased a 3 bedroom, 3 bathroom home, located in Knoxville. After being acquainted with Moore during her time in law enforcement, the officer approached Moore, who is with Realty Executives Associates Blevins Group, to help him purchase this home. The ability of the officer to earn part of the transaction back through Homes for Heroes Hero Rewards ® was an added benefit.

Continue reading on valdostadailytimes

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Home Prices In Knoxville Area Increased Recently

in Real Estate

KNOXVILLE, TN — Nationally, home prices increased in the last year at the fastest rate since the 1970s, but the rate of increase is expected to slow between 2021 and 2022.

Prices increased 2.9 percent from April to May in the Knoxville TN Metropolitan Statistical Area, according to the latest data from the S&P CoreLogic Case-Shiller Index, one of the leading trackers of the housing market. Prices are up 19.6 percent from June 2020.

Continue Reading on Patch

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Hot housing market means trouble for East Tennessee renters

in Real Estate

KNOXVILLE, Tenn. (WVLT) – The Knoxville housing market is leaving many renters feeling left out of the picture.

With the influx of people moving to East Tennessee during the pandemic and the price of lumber skyrocketing, home prices in Knoxville and East Tennessee have soared.

What’s called a seller’s market, many homeowners are selling their properties to try and make money off the bloated prices.

While this is happening the number of homes is still low.

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Knoxville real estate snapshot: Sellers hold all the cards despite inventory increase

in Real Estate

The Knoxville area real estate market continues to post unbelievable numbers. Each week Knox News tracks market statistics that help illustrate what’s happening in residential and commercial real estate.

Here’s what the residential market looked like from June 20-26, according to data provided by the Knoxville Area Association of Realtors.

Inventory is up slightly, but the overall market remains highly competitive for buyers.

KAAR reports data from its 12-county region. However, these numbers are dominated by Knox County and the immediate area surrounding it.

Continue Reading on knox news.

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