adventures in knoxville real estate by suzy trotta

Knoxville Neighborhood of the Week: Lakemoor Hills

© 2008 Robert Stockdale, Photography, All Rights Reserved.
© 2008 Robert Stockdale, Photography, All Rights Reserved.

This week Neighborhood of the Week heads south down Alcoa Highway to revisit one of my personal favorite Knoxville ‘hoods: Lakemoor Hills.

© 2008 Robert Stockdale, Photography, All Rights Reserved.
© 2008 Robert Stockdale, Photography, All Rights Reserved.

Just a few miles south of campus off of Alcoa Highway, Lakemoor Hills is sometimes  referred to as  “South Sequoyah” due to its location across the river from Sequoyah Hills.

© 2008 Robert Stockdale, Photography, All Rights Reserved.
© 2008 Robert Stockdale, Photography, All Rights Reserved.

With over 250 homes, many with lake frontage, lake views, or ample acreage, Lakemoor Hills is definitely a nice place to call home. Most of the homes in the neighborhood were built in the 60s and 70s and include ranchers as well as many contemporary multi-levels, including some Barber McMurray designed homes.

There are also some newer construction homes, most notably on lots with river frontage.

© 2008 Robert Stockdale, Photography, All Rights Reserved.
© 2008 Robert Stockdale, Photography, All Rights Reserved.

So if you’re looking for something convenient to downtown, UT and Bearden that has beautiful scenery and plenty of room to breathe, Lakemoor Hills might just have it.

© 2008 Robert Stockdale, Photography, All Rights Reserved.

Here’s Lakemoor Hills by the numbers -

Lakemoor Hills*

Current On-Market Listings – 08
Average Asking Price: $565,575
Median Asking Price: $547,000
Average Square Footage: 3691
Most Expensive Listing: $1,195,000 (4 BR, 4.5 BA, 5800+ sq ft on 4+ acres)
Least Expensive Listing: $166,000 (4 BR, 3 BA, 2600+ sq ft foreclosure)

Middle of the Road: $599,000 (3 BR, 3 BA, 2300+ sq ft on 6+ acres)

Current Pending Sales -3
Average Asking Price – $244,900
Median Asking Price – $249,900

Closed Sales 2012 – 15
Average List Price – $357,820
Average Sales Price – $333,698
Median Sales Price – $266,500
Average Square Feet – 2939
Average Days on Market – 145

Closed Sales 2011 – 7
Average List Price – $419,229
Average Sales Price – $390,429
Median Sales Price – $425,000
Average Square Feet – 3365
Average Days on Market – 144

Closed Sales 2010 – 8
Average List Price – $313,038
Average Sales Price – $290,541
Median Sales Price – $252,500
Average Square Feet – 3049
Average Days on Market – 130

Closed Sales 2009 – 4
Average List Price – $302,400
Average Sales Price – $296,200
Median Sales Price – $224,950
Average Square Feet – 2753
Average Days on Market – 87

Closed Sales 2008 – 9
Average List Price – $451,944
Average Sales Price – $426,640
Median Sales Price – $380,000
Average Square Feet – 3724
Average Days on Market – 104

*Data taken from KAARMLS on 03/25/13 for Lakemoor Hills proper, and does not include adjacent subdivisions, condos or PUDS. Average price per sq ft is not an exact science and is not a guide to pricing your personal home

As always, if you want any more information about any of these properties, or if you’d like to check one of them out in person, just give me a shout.

If you would like to receive a full list of properties for sale in this neighborhood, or if you would like to be notified of new listings,send me an email with either “Current Lakemoor Hills Listings” or “New Lakemoor Hills Listings” in the subject line and I’ll take care of the rest. And no, I won’t spam you.

Do you live in a great Knoxville neighborhood you’d like to share with the world? Tell me about it and you might just see it featured here one day soon.

 

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389 days ago 0 Comments Short URL

Author: Suzy

Hard working Knoxville real estate agent by day. Intrepid Knoxville real estate blogger by night.

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