$295,000
SOLD FEB 21, 2025

118 E Malta Rd Oak Ridge, TN 37830

3 Beds
2.5 Baths
2,270 Sq Ft
0.51 Acres

Recently Sold

$130 Per Sq Ft

9% Below List Price

81 Days on Market

Highlights

  • 0.51 Acre Lot
  • Private Lot
  • Traditional Architecture
  • Glenwood Elementary Rated A
  • Wooded Lot
  • Wood Flooring

About This Home

As of February 2025

Situated in the scenic, historic community of Oak Ridge, TN, this inviting historical Cemesto basement rancher offers the perfect blend of comfort, charm, and outdoor space. With a well-maintained yard and ample room for gardening, relaxation, and play, this home is ideal for those seeking a peaceful lifestyle in a friendly neighborhood. The main level features a sunroom with large windows creating a warm and inviting atmosphere. Upon entering, you'll find a spacious living room with large windows that let in plenty of natural light. The original hardwood floors add character, and the neutral tones make it easy to add your personal touch to the space. Adjacent to the living room is a cozy dining area, perfect for family meals or entertaining guests. The main level also includes two comfortably sized bedrooms and a full bathroom and half bath. The bedrooms are well-appointed with plenty of closet space. The primary bedroom is spacious enough for a king-sized bed and additional furniture, making it a comfortable retreat. Downstairs, the finished basement offers additional living space and endless possibilities. This area could serve as a family room, recreation area, or even a home office. There's also an additional kitchen and bathroom on this level, making it a convenient and versatile space. The basement provides access to the backyard, giving it potential as a private guest area or entertainment space. One of the highlights of this home is the yard. The backyard is spacious and fully fenced, offering privacy and safety for pets and children. Mature trees provide shade, while open areas receive ample sunlight, perfect for those interested in gardening or landscaping. A small patio or deck area in the backyard offers a comfortable spot for outdoor furniture, making it ideal for summer barbecues, evening gatherings, or simply relaxing outdoors. Located in Oak Ridge, this home benefits from the town's rich history, excellent schools, and strong community spirit.

Last Agent to Sell the Property

Chris Ball

Keller Williams Realty Brokerage Phone: 4237655153 License #346677 Listed on: 10/31/2024

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,684

Year Built

  • Built in 1943

Lot Details

  • 0.51 Acre Lot
  • Private Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Schools

  • Glenwood Elementary School
  • Jefferson Middle School
  • Oak Ridge High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 82
  • Assessor Parcel Number 094P B 01300 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,684

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1943
  • Unit Levels: Two
  • Year Built Details: EXIST
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher, Range, Refrigerator
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 1310
  • Below Grade Sq Ft: 960
  • Building Area Units: Square Feet
  • Living Area: 2270
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Storage Building
  • Construction Type: Frame, Vinyl Siding, Other, Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Private, Wooded, Other
  • Lot Size Acres: 0.51
  • Lot Size: 203 x 198 x IRR
  • Lot Size Units: Acres
  • Parcel #: 094P B 01300 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1684
  • Tax Lot: 82

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2024
Closed on
Feb 21, 2025
Sold by
Summers Tracy Mayes-Goodin and Summers Shawn
Bought by
Sheehan Ryan E and Brown Emily Anne
Seller's Agent
Chris Ball
Keller Williams Realty
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%
Views
293
Current Estimated Value
$314,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,654
Avg. Annual Appreciation
7.70%
Original Mortgage
$289,656
Outstanding Balance
$287,439
Interest Rate
6.93%
Mortgage Type
FHA
Estimated Equity
$27,215

Purchase Details

Closed on
Nov 17, 2022
Sold by
Summers Tracy Mayes and Summers Shawn
Bought by
Mayes-Goodin Tracy and Summers Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,697
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2021
Sold by
Herbert Mayes
Bought by
Summers Tracy Mayes

Purchase Details

Listed on
Feb 6, 2020
Closed on
Mar 13, 2020
Sold by
Mayberry Donna K and Mayberry Gregory S
Bought by
Mayes Herbert
Seller's Agent
Joshua Belcher
Keller Williams Signature
Buyer's Agent
Jackie Rogers
Southern Homes Realty, LLC
Sold Price
$165,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.72%

Purchase Details

Closed on
Nov 14, 2019
Sold by
Mayberry Gregory S and Mayberry Donna K
Bought by
Mayberry Donna K

Purchase Details

Listed on
Apr 20, 2015
Closed on
Aug 30, 2016
Sold by
Rousey Nancy K
Bought by
Mayberry Donna K and Mayberry Gregory S
Seller's Agent
Marilyn Darnell
Realty Executives Associates
Buyer's Agent
Alan Massengill
Keller Williams Realty
Sold Price
$109,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.99%
Original Mortgage
$107,025
Interest Rate
3.42%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 20, 2015
Closed on
Aug 26, 2016
Sold by
Rousey Nancy
Bought by
Mayberry Gregory S and Mayberry Wife Donna K
Seller's Agent
Marilyn Darnell
Realty Executives Associates
Buyer's Agent
Alan Massengill
Keller Williams Realty
Sold Price
$109,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,025
Interest Rate
3.42%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2007
Sold by
Rousey James Heath
Bought by
Rousey Nancy Kay

Purchase Details

Closed on
Jan 19, 2007
Bought by
Rousey Nancy

Purchase Details

Closed on
Jan 3, 1995
Sold by
Davis Bonita
Bought by
Smith Dawn E
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $295,000 Renaissance The And Escrow Llc
Warranty Deed $295,000 Renaissance The And Escrow Llc
Quit Claim Deed -- --
Quit Claim Deed -- Evans & Beier Llp
Warranty Deed $165,100 Admiral Title Inc
Interfamily Deed Transfer -- None Available
Warranty Deed $109,000 --
Warranty Deed $109,000 --
Deed -- --
Warranty Deed $105,100 --
Deed $77,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $289,656 FHA
Closed $289,656 FHA
Previous Owner $98,697 FHA
Previous Owner $107,025 FHA
Previous Owner $4,360 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2025 02/21/25 Sold $295,000 -9.2% $130 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
10/31/2024 10/31/24 For Sale $325,000 +96.9% $143 / Sq Ft
03/13/2020 03/13/20 Sold $165,100 +51.5% $73 / Sq Ft View Prior Sale
08/26/2016 08/26/16 Sold $109,000 -- $48 / Sq Ft View Prior Sale
Source: Realtracs

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
2025 $867 $73,575 $15,300 $58,275
2024 $867 $35,300 $7,650 $27,650
2023 $867 $35,300 $0 $0
2022 $1,684 $35,300 $7,650 $27,650
2021 $1,684 $35,300 $7,650 $27,650
2020 $867 $35,300 $7,650 $27,650
2019 $1,424 $27,100 $6,775 $20,325
2018 $1,391 $27,100 $6,775 $20,325
2017 $1,370 $26,775 $6,775 $20,000
2016 $1,370 $26,775 $6,775 $20,000
2015 -- $26,750 $6,775 $19,975
2014 -- $25,500 $6,775 $18,725
2013 -- $29,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2832472

Realtracs

APN: 094P-B-013.00