H
appy New Year! Despite the shortened work week, our office recorded 1,051 deeds, including 228 trust deeds (loans) and 173 warranty deeds (property sales). The total value of loans was $70.74 million, with eight exceeding $1 million. Notably, Truist Bank backed the largest loan at $3.2 million.
Warranty deeds worth $84.56 million made up 173 of the total recordings, with 14 valued over $1 million. A notable commercial property transfer was PureMagic Car Wash in the Grassy Creek Shopping Center, sold by Puremagic Car Wash of Alcoa LLC to Darlington Investment Group LLC for $4.9 million.
Other high-value sales included:
* 6262 Clinton Hwy., a small apartment/hotel building, sold from CCC Management LLC to Bradford Evolve Treatment Services LLC for $4.5 million
* 2811 John Deere Drive in East Knoxville, sold by R.J. Louis & Company LLC to Ten Gold Properties LLC for $3.45 million
* Escapees RV Park at 908 E Raccoon Valley Road, sold from Nomad Mail Co. Inc to Raccoon RV LLC for $2.23 million
We also saw sales of multi-family buildings and commercial properties in North Knoxville, West Knoxville, and Fountain City. The year-to-date comparison chart is updated through 12/27/2024.
Protect your most valuable asset in 2025 by signing up for the FREE Property Fraud Alert Program, available to all Knox County residents. Once enrolled, you'll receive email notifications if any documents are recorded, providing peace of mind about the deed to your home.
