NOT LISTED FOR SALE

120 S Walker Ln Oak Ridge, TN 37830

Estimated Value: $141,553 - $234,000

-- Bed
2 Baths
1,425 Sq Ft
$135/Sq Ft Est. Value

Last Sold March 29, 2018

Last sale price $74,500 $52 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $1,065/month

Highlights

  • Wood Flooring
  • Willow Brook Elementary Rated 9+
  • Covered Patio or Porch

About This Home

As of March 2018

One level Duplex in Oak Ridge! The 3BR/1BA unit has been renovated with tile and hardwood flooring and includes a washer/dryer combo; rent is $675/mo. The second unit is a 2BR/1BA and rents for $450 per month. Fantastic rental income for the purchase price. **Note: Interior pictures are of the renovated unit only and prior to tenant move in**

Last Agent to Sell the Property

Mary Grace McMillan

The Real Estate Firm Listed on: 02/12/2018

Last Buyer's Agent

Dixie Lee Lengner

The REAL ESTATE Office License #342430

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $544

Year Built

  • Built in 1943

Lot Details

  • 0.28

Home Design

  • 1,425 Sq Ft Home

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Additional Features

  • Covered Patio or Porch
  • 0.28 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for taxes, leasing fees, insurance, lawn maintenance
  • Assessor Parcel Number 099b A 025.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$544

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Directions: https://www.google.com/maps/place/120+S+Walker+Ln,+Oak+Ridge,+TN+37830/@36.0224233,-84.2764237,17z/data=!3m1!4b1!4m5!3m4!1s0x885dccb4143a26e5:0xd7f042bbe3a6f0d!8m2!3d36.022419!4d-84.274235
  • Prop. Type: Multi-Family
  • Year Built: 1943
  • Lot Size Acres: 0.28
  • Lot Size: 14.9x140.4xIRR
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior Features: Porch - Covered

Lot Info

  • Lot Size Sq Ft: 12197.0
  • Parcel #: 099b A 025.00
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 13200.0

Tax Info

  • Tax Annual Amount: 544.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2018
Closed on
Mar 27, 2018
Sold by
Ruppe William A and Ruppe Rhonda S
Bought by
Gunderman Asa S and Gunderman Leslie N
Seller's Agent
Mary Grace McMillan
The Real Estate Firm
Buyer's Agent
Dixie Lee Lengner
The REAL ESTATE Office
Sold Price
$74,500
Current Estimated Value
$192,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,684
Avg. Annual Appreciation
13.32%
Original Mortgage
$59,600
Outstanding Balance
$34,989
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$157,195

Purchase Details

Closed on
Dec 31, 2014
Sold by
Gray William E
Bought by
Ruppe William A and Ruppe Rhonda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,750
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2008
Sold by
Mullins Steven Lee
Bought by
Gray William E

Purchase Details

Closed on
Sep 23, 1998
Sold by
Owens Mitchell
Bought by
Mullins Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,001
Interest Rate
6.92%

Purchase Details

Closed on
Jun 6, 1991

Purchase Details

Closed on
Jun 5, 1991
Bought by
Owens Mitchell and Owens Wife Charllet
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
Gunderman Asa S $74,500 None Available
Ruppe William A $61,000 --
Gray William E $57,000 --
Mullins Steven $60,001 --
-- $16,000 --
Owens Mitchell $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gunderman Asa S $59,600
Previous Owner Ruppe William A $45,750
Previous Owner Owens Mitchell $60,001
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2018 03/29/18 Sold $74,500 0.0% $52 / Sq Ft
08/25/2015 08/25/15 Rented $650 -- --
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 $689 $28,040 $9,000 $19,040
2023 $689 $28,040 $0 $0
2022 $1,338 $28,040 $9,000 $19,040
2021 $1,338 $28,040 $9,000 $19,040
2020 $1,109 $28,040 $9,000 $19,040
2019 $1,135 $21,600 $7,440 $14,160
2018 $1,109 $21,600 $7,440 $14,160
2017 $1,104 $21,600 $7,440 $14,160
2016 $1,104 $21,600 $7,440 $14,160
2015 -- $21,600 $0 $0
2014 -- $21,600 $0 $0
2013 -- $21,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1030504

East Tennessee REALTORS® MLS

APN: 0099B A 02500