NOT LISTED FOR SALE

112 Wabash Ln Oak Ridge, TN 37830

Estimated Value: $150,079 - $422,000

-- Bed
4 Baths
2,923 Sq Ft
$96/Sq Ft Est. Value

Last Sold February 27, 2013

Last sale price $55,000 $19 Per Sq Ft

Est. 388% increase in value since last sale

Current estimated payment $1,559/month

155 Days on Market

Highlights

  • Wood Flooring
  • Zoned Heating System
  • 4-minute walk to Highland View Park
  • Robertsville Middle School Rated A

About This Home

As of February 2013

UPDATED OAK RIDGE FOUR-PLEX BEING SOLD BELOW APPRAISED VALUE! Instant cash flow! Owner has performed numerous updates since purchasing this property. These updates include, new appliances, new roof, refinished hardwood floors, foundation repairs, updated breaker boxes and new plumbing. Unit Breakdown: Unit 1 2br/1ba 787 sf, Unit 2 1 br/1ba 677 sf, Unit 3 1 br/1 ba 672 sf, Unit 4 2 br/1 ba 787 sf.

Last Agent to Sell the Property

Holli McCray

Keller Williams Realty Listed on: 09/24/2012

Last Buyer's Agent

Eric Smith

Keller Williams Realty License #321870

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $947

Year Built

  • Built in 1943

Lot Details

  • 0.72

Home Design

  • 2,923 Sq Ft Home

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Zoned Heating System

Listing and Financial Details

  • The owner pays for taxes, insurance, lawn maintenance
  • Assessor Parcel Number 099C D 035.00
  • Tax Block C12

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $5,562
  • Net Operating Income $13,638

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$947

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Directions: From: Pellissippi Pkwy: Continue on to Illinois Ave. past Oak Ridge Tpk, then right onto W. Outer to right on Wabash. Property on right. Look for yard sign.
  • Prop. Type: Multi-Family
  • Year Built: 1943
  • Lot Size: 0.70 Acres
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Owner Pays: Taxes, Insurance, Lawn Maintenance
  • Flooring: Hardwood, Carpet, Vinyl

Utilities

  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Parcel #: 099C D 035.00

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 19200.0
  • Property Net Operating Income: 13638.0
  • Annual Operating Expense: 5562.0

Tax Info

  • Tax Annual Amount: 947.4
  • Tax Block: C12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2021
Sold by
Sherer Joseph
Bought by
Or Mf Llc
Current Estimated Value
$268,232

Purchase Details

Closed on
Dec 16, 2020
Sold by
Perry Matthew M and Perry Kendra
Bought by
Sherer Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2020
Sold by
Perry Matthew M and Perry Kendra
Bought by
Sherer Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2012
Closed on
Feb 27, 2013
Sold by
Altitude Investments Llc
Bought by
Perry Matthew M and Perry Kendra
Seller's Agent
Holli McCray
Keller Williams Realty
Buyer's Agent
Eric Smith
Keller Williams Realty
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.99%
Original Mortgage
$38,500
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 2011
Sold by
Matheny Mary W
Bought by
Altitude Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,750
Interest Rate
4.17%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Or Mf Llc -- Rudy Title & Escrow Llc
Sherer Joseph $96,000 Maryville Title & Escrow
Sherer Joseph $96,000 None Available
Perry Matthew M $55,000 --
Altitude Investments Llc $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sherer Joseph $136,000
Previous Owner Sherer Joseph $136,000
Previous Owner Perry Matthew M $38,500
Previous Owner Altitude Investments Llc $54,750
Previous Owner Altitude Investments Llc $36,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2013 02/27/13 Sold $55,000 -- $19 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,159 $47,200 $12,240 $34,960
2023 $1,159 $47,200 $0 $0
2022 $2,251 $47,200 $12,240 $34,960
2021 $2,251 $47,200 $12,240 $34,960
2020 $1,159 $47,200 $12,240 $34,960
2019 $1,377 $26,200 $12,040 $14,160
2018 $1,345 $26,200 $12,040 $14,160
2017 $1,340 $26,200 $12,040 $14,160
2016 $1,340 $26,200 $12,040 $14,160
2015 -- $26,200 $0 $0
2014 -- $26,200 $0 $0
2013 -- $39,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 817293

East Tennessee REALTORS® MLS

APN: 099C-D-035.00