McBride reports $314M in loans last week
April 3, 2025
Knox County Schools’ spring break was last week. Even with the mass exodus to the beaches, 1,452 new documents were still recorded. Trust deeds (loans) accounted for 312 recordings with a total value of $89.37 million. Southeast Bank backed the largest loan of $14.3 million. There were seven others over $1 million:
Warranty deeds (property sales) made up 217 of the recordings worth a cumulative value of $92.04 million. Nine were priced at or over $1 million, while three of those were commercial transfers.
Nick McBride
The most expensive property was a 94-acre tract in Hardin Valley out west. Briggs Station I LLC sold the acreage at 1928 Marietta Church Road for $4.84 million. Homestead Land Holdings LLC is the new owner. I believe we can expect construction to begin soon.
Between Campbell Station Road and Lovell Road, a private party made a large value sale. Farragut ES LLC purchased the 3.1-acre lot at 11262 Outlet Drive for $2.4 million.
The third commercial property is the Dollar Tree Store at 2514 E Magnolia Avenue. SIVA Investment LLC purchased the property on the corner of Chestnut Street from Teachers Retirement System of the state of Kentucky for $1.28 million.
The year-to-date comparison chart has been updated through Friday, March 21, 2025.
If you haven’t enrolled in the FREE Property Fraud Alert program available to Knox County homeowners, now is a great time to do so. Click here, or go to https://alertme.knoxrod.org and follow the instructions to enroll. This automated program only generates a notification email when documents are recorded in the registered name. No cost, no spam, no worry!
If you are planning your spring homeowners’ meetings or other civic meetings and need a speaker, I have a short presentation and will be happy to attend. Just call the office to schedule, 865-215-2330.
Have a great weekend! – Nick
Nick McBride is register of deeds for Knox County.