This 4 bedroom, 2.5 bath home in Emily's Landing offers a versatile opportunity for both investors and those looking for a primary residence in the Lenoir City area. Currently operating as a long term rental, the property is generating consistent income, providing immediate cash flow for a new owner from day one. Inside, you'll find a functional layout with ample space and everyday living, including multiple bedrooms that offer flexibility for families, guests or a home office. This home is ready for you to bring your inspiration and style to life. Whether you're looking to expand your rental portfolio or settle into a home with built in value, this property offers both flexibility and opportunity in a desirable location.
Opportunities like this, offering both immediate income potential and the ability to add value, don't come along often.
Closed
$420,000
236 Gail Ln, Lenoir City, TN 37772
4beds
2,635sqft
Single Family Residence, Residential
Built in 2019
0.35 Acres Lot
$420,200 Zestimate®
$159/sqft
$2,936 Estimated rent
Home value
$420,200
$399,000 - $441,000
$2,936/mo
Zestimate® history
Owner options
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$2,936/mo
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$2,936/mo
Rent Zestimate®
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$2,673/mo
Est. payment
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$2,673/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jenn Price 865-474-7100,
Weichert Realtors Advantage Plus
Bought with:
Nick Bond, 336512
Realty Executives Associates
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3205900
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Bedroom 1
- Features: Walk-In Closet(s)
- Level: Walk-In Closet(s)
Kitchen
- Features: Pantry
- Level: Pantry
Other
- Features: Utility Room
- Level: Utility Room
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- Walk-In Closet(s), Pantry
- Flooring: Carpet, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 2,635
- Total interior livable area: 2,635 sqft
- Finished area above ground: 2,635
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Porch, Covered
Lot
- Size: 0.35 Acres
- Features: Level
- Topography: Level
Details
- Parcel number: 027G B 01200 000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Frame, Vinyl Siding, Other, Brick
Condition
- New construction: No
- Year built: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Green energy
- Energy efficient items: Windows
Community & HOA
Community
- Subdivision: Emilys Landing Ph 2
HOA
- Has HOA: Yes
- HOA fee: $225 annually
Location
- Region: Lenoir City
Financial & listing details
- Price per square foot: $159/sqft
- Tax assessed value: $302,600
- Annual tax amount: $1,338
- Date on market: 4/9/2026
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 5/11/2026 | Sold | $420,000+1.2%$159/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3205900 Report a problem | ||
| 4/13/2026 | Pending sale | $415,000$157/sqft |
Source:  East Tennessee Realtors #1335999 Report a problem | ||
| 4/9/2026 | Listed for sale | $415,000+68.1%$157/sqft |
Source: East Tennessee Realtors #1335999 Report a problem | ||
| 8/23/2025 | Listing removed | $2,900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/15/2025 | Listed for rent | $2,900+3.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/16/2024 | Listing removed | $2,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/8/2024 | Price change | $2,800-3.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/21/2024 | Listed for rent | $2,900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/28/2019 | Sold | $246,935$94/sqft |
Source: East Tennessee Realtors #1059767 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,338 | $75,650 |
| 2024 | $1,338 +16.5% | $75,650 |
| 2023 | $1,149 +16.7% | $75,650 +16.7% |
| 2022 | $984 | $64,800 |
| 2021 | -- | $64,800 +6.4% |
| 2020 | $1,098 | $60,875 |
| 2019 | $1,098 +711.7% | $60,875 +711.7% |
| 2018 | $135 | $7,500 |
Find assessor info on the county website
Neighborhood: 37772
Nearby homes
- $406,0004 bd3 ba2.2k sqft134 Emily Ln, Lenoir City, TN 37772Sold
- $385,0004 bd3 ba2.8k sqft195 Gail Ln, Lenoir City, TN 37772Sold
- $425,0004 bd3 ba2.2k sqft241 Gail Ln, Lenoir City, TN 37772Sold
- $425,0004 bd3 ba2.2k sqft201 Gail Ln, Lenoir City, TN 37772Sold
- $561,7005 bd4 ba3.4k sqft223 Gail Ln, Lenoir City, TN 37771Off Market
- $566,8004 bd3 ba3.6k sqft333 Gail Ln #027G B 029, Lenoir City, TN 37772Off Market
- $440,5004 bd3 ba2.2k sqft241 Gail Ln, Lenoir City, TN 37772Off Market
- $438,4004 bd3 ba2k sqft268 Gail Ln, Lenoir City, TN 37772Off Market
Nearby schools
GreatSchools rating
- 8/10Highland Park Elementary SchoolGrades: PK-4Distance: 2.7 mi
- 7/10North Middle SchoolGrades: 5-8Distance: 5.5 mi
- 6/10Loudon High SchoolGrades: 9-12Distance: 7.5 mi
Schools provided by the listing agent
- Elementary: Highland Park Elementary
- Middle: North Middle School
- High: Lenoir City High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$420,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$420,200
- Tennessee
- Loudon County
- Lenoir City
- 37772
- 236 Gail Ln
Nearby cities
Nearby zip codes
Other Lenoir City Topics
