NOT LISTED FOR SALE

114 Summit Ridge Ln Oak Ridge, TN 37830

Estimated Value: $498,531 - $631,000

5 Beds
3.5 Baths
2,618 Sq Ft
$210/Sq Ft Est. Value

Last Sold July 24, 2024

Last sale price $500,000 $191 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,491/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Home Office
  • Laundry Room
  • Woodland Elementary School Rated A
  • Walk-In Closet
  • Tankless Water Heater

About This Home

As of July 2024

Welcome to the Salem floorplan, available at Summit Place in Oak Ridge. This is one of our more popular floorplans. The main floor features a formal dining, laundry, and powder room. The kitchen and living areas are open concept. The kitchen also features a breakfast nook, pantry, and an island with countertop seating. The breakfast nook overlooks a patio. This space is perfect for entertaining. Additionally, the primary bedroom is on the main floor. It features a walk-in closet and a private bathroom. Upstairs are three additional bedrooms with walk-in closets. The bedrooms share a full bathroom. There is also a spacious bonus room, providing you with more space to work or play. Contact us about the Salem today! This home offers 9ft Ceilings on first floor, Shaker style cabinetry, Solid Surface Countertops with 4in backsplash, Stainless Steel appliances by Whirlpool, Moen Chrome plumbing fixtures with Anti-scald shower valves, Mohawk flooring, LED lighting throughout, Architectural Shingles, Concrete rear patio (may vary per plan), & our Home Is Connected Smart Home Package. Seller offering closing cost assistance to qualified buyers. Builder warranty included. See agent for details. Make it your next home by scheduling an appointment with a New Home Specialist today.
Due to variations amongst computer monitors, actual colors may vary. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Photos may include digital staging. Square footage and dimensions are approximate. Buyer should conduct his or her own investigation of the present and future availability of school districts and school assignments. *Taxes are estimated. Buyer to verify all information.

Last Agent to Sell the Property

Riley Wallman

D.R. Horton License #356502 Listed on: 03/22/2024

D.R. Horton

Last Buyer's Agent

Riley Wallman

Honors Real Estate Services LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,868

Year Built

  • Built in 2023

Lot Details

  • 871 Sq Ft Lot

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,618 Sq Ft Home
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Insulated Windows
  • Home Office
  • Laundry Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Schools

  • Jefferson Middle School
  • Oak Ridge High School

Utilities

  • Zoned Heating and Cooling System
  • Tankless Water Heater

Community Details

  • Summit Place Subdivision
  • Mandatory home owners association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,868

Year Built

Built in 2023

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Directions: Pellissippi to Centrifuge Way and right on Summit Place
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2023
  • Lot Size Acres: 0.02
  • Subdivision Name: Summit Place
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1376.0
  • General Property Description:SqFt - 2nd Flr Lvl: 1242.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Misc Features:Walk-in Closets: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Floors:Laminate: Yes
  • Siding:Stone3: Yes
  • Fireplace Insert: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Stove, Microwave, Tankless Wtr Htr
  • Has Basement: None
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Insert, Gas Log
  • Fireplaces: 1
  • Flooring: Laminate, Carpet, Vinyl
  • ResoLivingAreaSource: Plans
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Other Rooms:LaundryUtility: Yes
  • Appliances:Gas Stove: Yes
  • Other Rooms:DenStudy: Yes
  • Appliances:Tankless Wtr Htr: Yes
  • Misc Features:Island in Kitchen: Yes
  • Basement:None14: Yes
  • Fireplace:Gas5: Yes
  • Other Rooms:Office: Yes

Exterior Features

  • Exterior Features: Windows - Insulated
  • Construction Type: Stone, Vinyl Siding, Other, Frame
  • Construction:Frame: Yes
  • Exterior Features:Windows - Insulated: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Other

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Schools

  • High School: Oak Ridge
  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2867.91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Jul 24, 2024
Sold by
Dr Horton Inc
Bought by
Rowe Arthur Wayne and Rowe Patricia A
Seller's Agent
Riley Wallman
D.R. Horton
Buyer's Agent
Riley Wallman
Honors Real Estate Services LLC
List Price
$495,835
Sold Price
$500,000
Premium/Discount to List
$4,165
0.84%
Views
8
Current Estimated Value
$548,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,883
Avg. Annual Appreciation
9.20%
Source: Public Records

Range of Values:

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Average Value
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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
Rowe Arthur Wayne $500,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2024 07/24/24 Sold $500,000 +0.8% $191 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $495,835 -- $189 / 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 -- $15,125 $15,125 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1256697

East Tennessee REALTORS® MLS

APN: 106G-A-002.34