''Downtown'' Philadelphia, TN! This two-bedroom, one-bath house is a diamond in the rough, waiting for someone to unlock its potential. While it needs comprehensive renovation, this property offers excellent rental income opportunities or make it your own with a little vision & customization. The fully fenced yard provides security, while the metal roof ensures long-lasting protection. The large detached building could be used as a garage, workshop, or storage building and offers versatility for those looking for extra work space.. With nearby amenities including Lions Club Park for recreation, Food City for shopping convenience, and quality education at Loudon County Elementary & High School, this property combines investment opportunity with community appeal for the right buyer. Sold Strictly AS-IS.
For sale
$84,900
502 Thompson St, Philadelphia, TN 37846
2beds
840sqft
Est.:
Single Family Residence
Built in 1925
6,969.6 Square Feet Lot
$-- Zestimate®
$101/sqft
$-- HOA
What's special
Two-bedroom one-bath house
- 16 days |
- 312 |
- 10 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: November 24, 2025 at 11:25am
Listed by:
Ashley Tatum,
Webb Properties, LLC 865-922-5500
Source: East Tennessee Realtors,MLS#: 1322831
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- None, Electric
Cooling
- None
Appliances
- Included: None
Features
- Flooring: Other, Hardwood
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 840
- Total interior livable area: 840 sqft
Property
Parking
- Parking features: Off Street
Features
- Has view: Yes
- View description: City
Lot
- Size: 6,969.6 Square Feet
- Dimensions: 78 x 83
- Features: Level
Details
- Additional structures: Workshop
- Parcel number: 055M F 003.00
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Frame, Other
Condition
- Year built: 1925
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Town Plat Of 1822
Location
- Region: Philadelphia
Financial & listing details
- Price per square foot: $101/sqft
- Tax assessed value: $57,000
- Annual tax amount: $252
- Date on market: 11/24/2025
- Listing terms: Alternative,Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/24/2025 | Listed for sale | $84,900+120.5%$101/sqft |
Source: | ||
| 2/25/2006 | Sold | $38,500+102.6%$46/sqft |
Source: Public Record Report a problem | ||
| 9/7/2004 | Sold | $19,000$23/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $252 +16.5% | $14,250 |
| 2023 | $216 | $14,250 |
| 2022 | $216 | $14,250 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$387/mo
Principal & interest
$329
Home insurance
$30
Property taxes
$28
Climate risks
Neighborhood: 37846
Nearby schools
GreatSchools rating
- 5/10Philadelphia Elementary SchoolGrades: PK-8Distance: 0.1 mi
- 6/10Loudon High SchoolGrades: 9-12Distance: 4.4 mi
- 5/10Ft Loudoun Middle SchoolGrades: 6-8Distance: 4.3 mi
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