122 Lancaster Rd Oak Ridge, TN 37830
Estimated payment $791/month
Highlights
- 0.57 Acre Lot
- Wood Flooring
- Attached Garage
- Willow Brook Elementary Rated 9+
- Wood Frame Window
- Window Unit Cooling System
About This Home
Attention Investors: Duplex in Prime Oak Ridge Location
This is an estate sale offering a fantastic investment opportunity in the heart of Oak Ridge. Situated on a spacious 0.57-acre lot within the
desirable Oak Ridge School district, this duplex features two separate units, each with 2 bedrooms and 1 bathroom. Both units have access to an attached carport, providing convenient parking and additional storage space. A generously extended covered porch spans the entire front of the home, offering ample room for furniture or extra storage. With its prime location and potential for rental income, this property is ideal for
investors seeking a valuable addition to their portfolio
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,056
Year Built
- Built in 1943 | Under Construction
Lot Details
- 0.57 Acre Lot
- Lot Dimensions are 141 x 240
Home Design
- Duplex
- Frame Construction
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,344 Sq Ft Home
- Wood Frame Window
Flooring
- Wood
- Carpet
Laundry
- Dryer
- Washer
Parking
- Attached Garage
- Carport
- Driveway
- Off-Street Parking
Utilities
- Window Unit Cooling System
- Space Heater
- Heating System Uses Natural Gas
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 099PE047.00
Map
Home Values in the Area
Average Home Value in this Area
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 | $376 | $22,150 | $7,975 | $14,175 |
| 2023 | $376 | $22,150 | $0 | $0 |
| 2022 | $730 | $15,300 | $7,975 | $7,325 |
| 2021 | $730 | $15,300 | $7,975 | $7,325 |
| 2020 | $751 | $15,300 | $7,975 | $7,325 |
| 2019 | $748 | $14,625 | $7,300 | $7,325 |
| 2018 | $748 | $14,625 | $7,300 | $7,325 |
| 2017 | $748 | $14,625 | $7,300 | $7,325 |
| 2016 | $748 | $14,625 | $7,300 | $7,325 |
| 2015 | -- | $14,625 | $7,300 | $7,325 |
| 2014 | -- | $14,625 | $7,300 | $7,325 |
| 2013 | -- | $17,700 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2025 04/08/25 | Pending | -- | -- | -- |
| 03/31/2025 03/31/25 | For Sale | $130,000 | 0.0% | $97 / Sq Ft |
| 11/20/2024 11/20/24 | Pending | -- | -- | -- |
| 11/15/2024 11/15/24 | Price Changed | $130,000 | -13.3% | $97 / Sq Ft |
| 11/08/2024 11/08/24 | For Sale | $150,000 | -- | $112 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $38,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $33,500 | No Value Available | |
| Closed | $20,000 | No Value Available |
Source: East Tennessee REALTORS® MLS
MLS Number: 1281950
APN: 099P-E-047.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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