This weekend we stepped out of daylight saving time, and the clocks rolled back Sunday morning. I hope everyone is adjusting well. I know some people get upset at the time change, but I am a fan of it getting dark earlier. I think I get more rest and sleep during this time of year.
Looking at the month of October, we recorded 6,399 new documents concerning real property. Next month, we will be able to get more of a month-to-month comparison on activity in the Register’s office.
We processed 1,293 new trust deeds financing land with a cumulative value of $582.91 million. Fifty-one loans were recorded with a value of $1 million or more. Credit Agricole Corporate & Investment Bank backed the largest mortgage of the month for $39.17 million. Walker & Dunlop funded the second largest loan at $31.05 million. TN Bank and United Community Bank each had a loan for $5.5 million. The last two loans over $5 million were backed by CBBC Bank and ServisFirst Bank for $5.2 million and $5.1 million respectively. Pinnacle Bank funded six loans with a total value of $16.32 million and Home Federal Bank of Tennessee had three with a cumulative value of $6.33 million. Several lenders had two mortgages on the list. They are listed as follows with the aggregate value in millions: Citizens Bank for $2.81, Enrichment Federal Credit Union for $2.48, Fifth Third Bank NA for $5.96, FirstBank for $6.60, ORNL Federal Credit Union for $5.46, and Rocket Mortgage for $5.36.
The other high-value loans are outlined below:
On the sales side of real estate, we recorded 943 new warranty deeds with an aggregate value of $483.63 million. There were 60 property transfers during the month of October that had values of $1 million or more. Eighteen of those were commercial properties.
The largest purchase of the month was completed by Covenant Health. They paid $38.5 million for three parcels totaling approximately 20 acres across Heiskell Road from Home Federal Bank in Powell. Orange Development, LLC collected the check on that sale.
The next sale was one of the largest tracts of land we have seen change ownership in quite some time. Tooles Bend Holdings, LLC purchased 430 acres at 2614 Tooles Bend Road. That parcel spans both sides of Pellissippi Parkway next to the Tennessee River and holds two islands. Stairway Knoxville, LLC collected $21.5 million on that transaction.
LKM Properties, LP sold Weigel’s properties located at 328 N. Cedar Bluff Road and 4750 N. Middlebrook Pike. Boghani Properties, LLC paid $7 million to acquire those two properties.
Fox Road Marina in West Knoxville changed hands and seems to have changed names as well. Marina Management LLC sold the marina located at 1100 Fox Road to Fox Cove Marina, LLC for $6.315 million. A brief internet search indicates the name is now Fox Cove Marina.
Next, one of the iconic, colorful houses in the Fort changed hands. Jackson T Properties, LLC sold 1413 Highland Avenue to Bluetick Holdings, LLC for $3.815 million.
Southern Rebar & Supplies, Inc. located at 4615 Coster Road transferred ownership as well. Sensing Enterprises sold that property to Heathshore Properties LLC for $3.4 million.
The commercial building at 1411 Boruff Street at the corner of Wheeler Street and Boruff Street changed hands. 1411 Boruff, LLC purchased that property from Knox Real Properties for $1.58 million.
Lastly, we will highlight two transfers of undeveloped land during the month. CRD Keystone, LLC purchased 10 acres on Gleason Drive from a private party for $2.25 million. Magnolia Plaza Strawberry Plains, LLC purchased the parcel between Bojangles and Volunteer Express. Treetop Enterprises, LLC collected $1.1 million from that sale.
The year-to-date comparison chart has been updated through October 30, 2026:
The holidays are right around the corner. If you’re anything like me, you have hardly begun to think about Christmas shopping. I suppose we’d better start gearing up, so we can get the chaos behind us and enjoy time with our friends and family.
You can give yourself peace of mind concerning your real estate investments. The Register’s Office has a Free Fraud Alert Program available to all Knox County residents. To sign up for the service please visit: https://alertme.knoxrod.org and follow the prompts. We cannot police recordable deeds, so early detection is the number one tool to act fast against suspected fraud. Register now to stay informed about the status of your property.
Have a great weekend and Go Big Orange!!
Sherry
Sherry Witt is the Register of Deeds for Knox County.
On the Grow is sponsored by Hallsdale Powell Utility District.
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